Civic Intelligence

Lincoln Foundation for Education Inc

EIN 81-3796890 • 501(c)3 • Parsippany, NJ

Profile

To develop a qualified workforce by providing financial aid and assistance, donations, and gifts of money, property, or grants to qualified individuals pursuing post-secondary education with specific career objectives of technical or vocational education at Lincoln Technical Institute and similar institutions.

14 Sylvan Way Suite AParsippany, NJ 07054

lincolnfoundationedu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2024

Net Margin

19th percentile

-40%

Higher net margin than 19% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B82 • <$500k nonprofits • Source year 2024

Asset Growth

11th percentile

-38%

Faster asset growth than 11% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

218%

Faster revenue growth than 90% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$132,337

Down $80,467 (-38%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Down

$132,337

Down $80,467 (-38%) from 2023

Operations
Liabilities / Revenue82nd percentileNet Margin19th percentile

Revenue

Up

$202,933

Up $139,096 (+218%) from 2023

Expenses

Up

$283,400

Up $163,164 (+136%) from 2023

Net Income

Down

-$80,467

Down $24,068 (-43%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2016: $90,000Liabilities 2016: $02016Assets 2017: $281,768Liabilities 2017: $0Net Assets 2017: $281,7682017Assets 2018: $236,855Liabilities 2018: $0Net Assets 2018: $236,8552018Assets 2019: $251,340Liabilities 2019: $02019Assets 2020: $283,422Liabilities 2020: $02020Assets 2022: $269,203Liabilities 2022: $0Net Assets 2022: $269,2032022Assets 2023: $212,804Net Assets 2023: $212,8042023Assets 2024: $132,337Liabilities 2024: $0Net Assets 2024: $132,3372024

Highlighted filing

2024

Assets$132,337
Liabilities$0
Net Assets$132,337
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $90,000Expenses 2016: $0Net Income 2016: $90,0002016Revenue 2017: $276,268Expenses 2017: $84,500Net Income 2017: $191,7682017Revenue 2018: $364,031Expenses 2018: $408,944Net Income 2018: -$44,9132018Revenue 2019: $90,729Expenses 2019: $76,244Net Income 2019: $14,4852019Revenue 2020: $170,954Expenses 2020: $138,872Net Income 2020: $32,0822020Revenue 2022: $170,179Expenses 2022: $146,690Net Income 2022: $23,4892022Revenue 2023: $63,837Expenses 2023: $120,236Net Income 2023: -$56,3992023Revenue 2024: $202,933Expenses 2024: $283,400Net Income 2024: -$80,4672024

Highlighted filing

2024

Revenue$202,933
Expenses$283,400
Net Income-$80,467
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,337
Liabilities
$0
Net assets
$132,337
Revenue
$202,933
Expenses
$283,400
Net income
-$80,467
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$2.03$2.83$0.80
2023Detailed filing. Detailed filing data is available for this year.$2.13$2.13$0.64$1.20$0.56
2022Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$1.70$1.47$0.23
2020Summary only. Only limited summary data is available for this year.$2.83$0.00$1.71$1.39$0.32
2019Summary only. Only limited summary data is available for this year.$2.51$0.00$0.91$0.76$0.14
2018Summary only. Only limited summary data is available for this year.$2.37$0.00$2.37$3.64$4.09$0.45
2017Summary only. Only limited summary data is available for this year.$2.82$0.00$2.82$2.76$0.85$1.92
2016Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$0.00$0.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$202,933
Mission and Program Overview

Mission

To develop a qualified workforce by providing financial aid and assistance, donations, and gifts of money, property, or grants to qualified individuals pursuing post-secondary education with specific career objectives of technical or vocational education at Lincoln Technical Institute and similar institutions.

To provide financial aid and assistance, donations, and gifts of money, property, or grants to qualified individuals pursuing post-secondary education with specific career objectives of technical or vocational education at Lincoln Technical Institute and similar institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$212,804$132,337▼ $80,467
Total Assets$212,804$132,337▼ $80,467
Liabilities
Grants Payable$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$212,804$132,337▼ $80,467
Total Net Assets Fund Balance$212,804$132,337▼ $80,467
Total Liabilities and Net Assets / Fund Balance$212,804$132,337▼ $80,467
Compensation and Service Providers
Top Officer Pay95th percentile

Board Members and Trustees

NameTitle
Sheri D LeachTrustee and President
Brian HughesTrustee
Mark MickensTrustee
Marty McGillTrustee
Neil McGillTrustee, VP, and Treasurer
Aja TaylorSecretary
Katy ScafideSecretary (through 5/1/2024)
Revenue and Support

Revenue Composition

Contributions and Grants
$202,905
Program Service Revenue
$0
Investment Income
$28
Other Revenue
$0
All Other Contributions
$202,905
Change in Net Assets
$-80,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$283,400
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$283,400--$283,400
Total Functional Expenses$283,400$0$0$283,400
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

“A copy of the Form 990 is circulated to all Board Trustees prior to filing for review and comment.”

Part VI, Line 12C

“A copy of the Conflict of Interest Policy is circulated at the annual meeting and Trustees are required to update any potential conflicts at such annual meeting.”

Part VI, Line 19

“Copies of governing documents, conflict of interest policy, and financial statements are made available upon written request.”

Filing and Contact Details

Filer

Filer Name
Lincoln Foundation for Education Inc
EIN
81-3796890
Phone
9737669679
Address
14 Sylvan Way Suite A, Parsippany, NJ 07054

Signing Officer

Name
Sheri D Leach
Title
President
Phone
9737669679
Signed
2025-05-14

Organization Details

Principal Officer
Sheri D Leach President
Formed
2016
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
4
Employees
0
Supplemental Narrative

Additional Explanations

Line B, Amended return

“There was a typographical error when entering the amount of the expenses and grants in Part III, Line 4b (Statement of Program Service Accomplishments). The correct amount for the expenses is $30,000 and the correct amount for the grants is $30,000. An extra 0 was inadvertently entered when inputting the amount.”

Part XII, Line 2C

“The Foundation's financial statements are reviewed by the Board of Trustees.”

Raw XML Appendix341 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide financial aid and assistance, donations, and gifts of money, property, or grants to qualified individuals pursuing post-secondary education with specific career objectives of technical or vocational education at Lincoln Technical Institute and similar institutions.
IRS990/AllOtherContributionsAmt0202905
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0Sheri D Leach President
IRS990/BooksInCareOfDetail/PhoneNum09737669679
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt014 Sylvan Way
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite A
IRS990/BooksInCareOfDetail/USAddress/CityNm0Parsippany
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007054
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0212804
IRS990/CashNonInterestBearingGrp/EOYAmt0132337
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0202905
IRS990/CYGrantsAndSimilarPaidAmt0283400
IRS990/CYInvestmentIncomeAmt028
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-80467
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0283400
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0202933
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Matco Tools Corporation - Grant from Matco Tools Corporation allocated to support scholarships for students pursuing careers in the manufacturing trades.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0100000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederatedCampaignsAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Sheri D Leach
IRS990/Form990PartVIISectionAGrp/PersonNm1Neil McGill
IRS990/Form990PartVIISectionAGrp/PersonNm2Marty McGill
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark Mickens
IRS990/Form990PartVIISectionAGrp/PersonNm4Brian Hughes
IRS990/Form990PartVIISectionAGrp/PersonNm5Katy Scafide
IRS990/Form990PartVIISectionAGrp/PersonNm6Aja Taylor
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee and President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee, VP, and Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary (through 5/1/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt0100000
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0283400
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0283400
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0202933
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt028
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To develop a qualified workforce by providing financial aid and assistance, donations, and gifts of money, property, or grants to qualified individuals pursuing post-secondary education with specific career objectives of technical or vocational education at Lincoln Technical Institute and similar institutions.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0212804
IRS990/NetAssetsOrFundBalancesEOYAmt0132337
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0212804
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0132337
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Sheri D Leach President
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0The Gene Haas Foundation (CNC program) - The Gene Haas Manufacturing Scholarship program distributed scholarships to students pursuing training for a career in CNC technology and CNC machine-based engineering.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt030000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt030000
IRS990/ProgSrvcAccomActy3Grp/Desc0Donor: Enterprise Mobility - Grant from Donor: Enterprise Mobility allocated to support scholarships for students pursuing careers in the automotive trades.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt026205
IRS990/ProgSrvcAccomActy3Grp/GrantAmt026205
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt063815
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0120236
IRS990/PYInvestmentIncomeAmt022
IRS990/PYRevenuesLessExpensesAmt0-56399
IRS990/PYTotalExpensesAmt0120236
IRS990/PYTotalRevenueAmt063837
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-80467
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0202905
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt063815
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0170152
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0245549
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0170929
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0853350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0853350
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0202905
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt063815
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0170152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0245549
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0170929
IRS990ScheduleA/Total509Grp/TotalAmt0853350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0202905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt063815
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0170152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0245549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0170929
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0853350
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0283400
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0138
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation pays the individual institution directly for them to disburse funds to scholarship award winners.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There was a typographical error when entering the amount of the expenses and grants in Part III, Line 4b (Statement of Program Service Accomplishments). The correct amount for the expenses is $30,000 and the correct amount for the grants is $30,000. An extra 0 was inadvertently entered when inputting the amount.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the Form 990 is circulated to all Board Trustees prior to filing for review and comment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the Conflict of Interest Policy is circulated at the annual meeting and Trustees are required to update any potential conflicts at such annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Copies of governing documents, conflict of interest policy, and financial statements are made available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Foundation's financial statements are reviewed by the Board of Trustees.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Line B, Amended return
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XII, Line 2c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0212804
IRS990/TotalAssetsEOYAmt0132337
IRS990/TotalAssetsGrp/BOYAmt0212804
IRS990/TotalAssetsGrp/EOYAmt0132337
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0202905
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283400
IRS990/TotalFunctionalExpensesGrp/TotalAmt0283400
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0212804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0132337
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0156205
IRS990/TotalOtherProgSrvcGrantAmt0156205
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0312410
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt028
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0202933
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0212804
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0132337
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014 Sylvan Way
IRS990/USAddress/AddressLine2Txt0Suite A
IRS990/USAddress/CityNm0Parsippany
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007054
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0http://lincolnfoundationedu.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Sheri D Leach
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09737669679
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LINCOLN FOUNDATION FOR EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LINC
ReturnHeader/Filer/EIN0813796890
ReturnHeader/Filer/PhoneNum09737669679
ReturnHeader/Filer/USAddress/AddressLine1Txt014 Sylvan Way Suite A
ReturnHeader/Filer/USAddress/CityNm0Parsippany
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007054
ReturnHeader/ReturnTs02025-05-14T18:10:28Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.