Civic Intelligence

Lake Stevens Education Foundation

990EZ • Fiscal year 2016 • EIN 94-3200680

Jan 01, 2016 to Dec 31, 2016 • Filed on May 14, 2017

PO Box 1495Lake Stevens, WA 98258

(425) 218-0656

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

1.00x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

94th percentile

59%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

62nd percentile

9.2%

Faster asset growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

56th percentile

4.5%

Faster revenue growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$259,710

Up $21,964 (+9.2%) from 2015

Net Assets

Up

$211,621

Up $23,848 (+13%) from 2015

Liabilities

Down

$48,089

Down $1,884 (-3.8%) from 2015

Revenue

Up

$48,197

Up $2,077 (+4.5%) from 2015

Expenses

Down

$19,863

Down $1,728 (-8.0%) from 2015

Net Income

Up

$28,334

Up $3,805 (+16%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $176,923Liabilities 2011: $802011Assets 2012: $215,583Liabilities 2012: $4502012Assets 2013: $226,739Liabilities 2013: $5262013Assets 2015: $237,746Liabilities 2015: $49,973Net Assets 2015: $187,7732015Assets 2016: $259,710Liabilities 2016: $48,089Net Assets 2016: $211,6212016Assets 2017: $312,384Liabilities 2017: $48,563Net Assets 2017: $263,8212017Assets 2018: $315,195Liabilities 2018: $50,359Net Assets 2018: $264,8362018Assets 2019: $367,982Liabilities 2019: $109Net Assets 2019: $367,8732019Assets 2020: $340,727Liabilities 2020: $0Net Assets 2020: $340,7272020Assets 2021: $380,140Liabilities 2021: $0Net Assets 2021: $380,1402021Assets 2022: $334,995Liabilities 2022: $0Net Assets 2022: $334,9952022Assets 2023: $342,879Liabilities 2023: $0Net Assets 2023: $342,8792023Assets 2024: $378,039Liabilities 2024: $0Net Assets 2024: $378,0392024

Highlighted filing

2016

Assets$259,710
Liabilities$48,089
Net Assets$211,621

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $54,292Expenses 2011: $48,178Net Income 2011: $6,1142011Revenue 2012: $84,308Expenses 2012: $57,207Net Income 2012: $27,1012012Revenue 2013: $35,467Expenses 2013: $42,599Net Income 2013: -$7,1322013Revenue 2015: $46,120Expenses 2015: $21,591Net Income 2015: $24,5292015Revenue 2016: $48,197Expenses 2016: $19,863Net Income 2016: $28,3342016Revenue 2017: $51,880Expenses 2017: $20,080Net Income 2017: $31,8002017Revenue 2018: $87,823Expenses 2018: $56,322Net Income 2018: $31,5012018Revenue 2019: $125,087Expenses 2019: $105,657Net Income 2019: $19,4302019Revenue 2020: $58,234Expenses 2020: $101,445Net Income 2020: -$43,2112020Revenue 2021: $108,078Expenses 2021: $88,506Net Income 2021: $19,5722021Revenue 2022: $96,882Expenses 2022: $89,187Net Income 2022: $7,6952022Revenue 2023: $121,433Expenses 2023: $124,845Net Income 2023: -$3,4122023Revenue 2024: $185,795Expenses 2024: $165,216Net Income 2024: $20,5792024

Highlighted filing

2016

Revenue$48,197
Expenses$19,863
Net Income$28,334
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 14, 2017
Return Version
2016v3.0
Gross Receipts
$116,247
Mission and Program Overview

Mission

To provide an alternative source of support for district programs and scholarships for the lake stevens, wa public education district.

Primary exempt purpose -- to provide an alternative source of support for district programs and scholarships for the lake stevens, wa public education district.

Program Services

DescriptionGrantsExpenses
FORM 990-EZ, PART III, LINE 30, PROGRAM SERVICE ACCOMPLISHMENTS: THE FOUNDATION HAS BECOME THE LOCAL AFFILIATE FUNDING THE DOLLY PARTON IMAGINATION LIBRARY PROGRAM IN THE LAKE STEVENS SCHOOL DISTRICT AT A COST OF $25 PER CHILD, PER YEAR. PRE-SCHOOL CHILDREN AGES BIRTH TO FIVE YEARS OLD, LIVING WITHIN THE LAKE STEVENS SCHOOL DISTRICT BOUNDARY, ARE ELIGIBLE TO REGISTER TO RECEIVE A FREE, AGE APPROPRIATE BOOK MAILED EACH MONTH UNTIL THEIR 5TH BIRTHDAY. OUR CURRENT PROGRAM ENROLLMENT IS ABOUT 500 CHILDREN.$0$14,786
FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: THE FOUNDATION ISSUES INNOVATIVE TEACHING AND LEARNING GRANTS TO EDUCATORS AND SCHOOLS IN THE LAKE STEVENS SCHOOL DISTRICT. GRANTS ARE AWARDED TO PROJECTS THAT ARE CREATIVE INNOVATIVE, FOCUS ON IMPROVING STUDENT ACHIEVEMENT IN THE ARTS, SCIENCE, READING, MATH OR WRITING, DEMONSTRATE INTEGRATION OF CURRICULUM, APPLY LEARNING TO THE REAL WORLD (RELEVANCY), STRENGTHEN THE RELATIONSHIP BETWEEN SCHOOL, HOME, AND THE COMMUNITY, IMPACT A SIGNIFICANT NUMBER OF STUDENTS OR MORE THAN ONE SCHOOL.$9,157$0
FORM 990-EZ, PART III, LINE 29, PROGRAM SERVICE ACCOMPLISHMENTS: THE FOUNDATION AWARDS SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS IN THE LAKE STEVENS SCHOOL DISTRICT FOR USE AT AN ACADEMICALLY ACCREDITED FOUR-YEAR COLLEGE OR UNIVERSITY.$5,000$0
FORM 990-EZ, PART III, LINE 31, PROGRAM SERVICE ACCOMPLISHMENTS: THE FOUNDATION SUPPORTS THE EARLY LEARNING CAMPAIGN, ACADEMIC BEGINNINGS FOR CHILDREN (ABC). ABC SUPPORTS CHILDREN'S ACQUISITION OF EARLY LITERACY BY PROVIDING PROGRAMS, MATERIALS, ACTIVITIES, AND EVENTS THAT ENGAGE FAMILIES AND HELP THEM IMPROVE THEIR CHILD'S POTENTIAL FOR SUCCESS IN SCHOOL. THE ABC PROGRAM HOSTS LITERACY WORKSHOPS FOR LOCAL PARENTS, PRE-SCHOOL TEACHERS, AND CHILDCARE PROVIDERS. ABC COSPONSORS CONCERTS FOR PRESCHOOL AND KINDERGARTEN CHILDREN AND THEIR CARE GIVERS. EACH CHILD RECEIVES A BOOK BAG WITH A BOOK, CD OF THE PERFORMERS MUSIC, LIBRARY CARD AND READING/ INSTRUCTIONAL MATERIALS.$0$300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carrie BlankenshipPresident-$0--
Terri SpencerPast-President-$0--
Vicky Berglund-DavenportVice-President-$0--
Alison SheafferSecretary-$0--
Emily StainbrookTreasurer-$0--
Linda AdamsDirector-$0--
Christine EglestadDirector-$0--
Leslie ElsemoreDirector-$0--
John GebertDirector-$0--
Susan GreenDirector-$0--
Melonie GrieserDirector-$0--
Staci LindstrandDirector-$0--
Christine PfiesterDirector-$0--
Janice SteppDirector-$0--
Mari TaylorDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
LSEF Annual Auction$19,690$18,240$1,778$16,462
Total Events$19,690$18,240$4,787$13,453
Filing and Contact Details

Filer

Filer Name
Lake Stevens Education Foundation
EIN
94-3200680
Phone
4252180656
Address
PO BOX 1495, Lake Stevens, WA 98258

Signing Officer

Name
Emily Stainbrook
Title
Treasurer
Phone
4252180656
Signed
2017-05-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

The Foundation issues innovative teaching and learning grants to educators and schools in the Lake Stevens School District: $9,157. The Foundation also awards scholarships to graduating high school students in the Lake Stevens School District: $5,000. TOTAL AWARDS: $14,157

Form 990-EZ, Part I, Line 16

Description;Amount^ADMINISTRATION EXP;2307|FUNDRAISING EXP;387|PROGRAM EXP;1029^Total;3723^

Form 990-EZ, Part I, Line 20

Changes in the net assets or fund balances: unrealized fair market loss on investments of -4486

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Depreciable asset end of year amount;35^Total;35^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^DPIL AFFILIATE PAYABLE;4758|UNITED WAY READY KINDERGARTEN PAYABLE;2854|PASS THROUGH SCHOLARSHIPS PAYABLE;40177|CREDIT CARD BALANCE;300^Total;48089^

Raw XML Appendix271 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Emily Stainbrook
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14Mari Taylor
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FORM 990-EZ, PART III, LINE 29, PROGRAM SERVICE ACCOMPLISHMENTS: THE FOUNDATION AWARDS SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS IN THE LAKE STEVENS SCHOOL DISTRICT FOR USE AT AN ACADEMICALLY ACCREDITED FOUR-YEAR COLLEGE OR UNIVERSITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2FORM 990-EZ, PART III, LINE 30, PROGRAM SERVICE ACCOMPLISHMENTS: THE FOUNDATION HAS BECOME THE LOCAL AFFILIATE FUNDING THE DOLLY PARTON IMAGINATION LIBRARY PROGRAM IN THE LAKE STEVENS SCHOOL DISTRICT AT A COST OF $25 PER CHILD, PER YEAR. PRE-SCHOOL CHILDREN AGES BIRTH TO FIVE YEARS OLD, LIVING WITHIN THE LAKE STEVENS SCHOOL DISTRICT BOUNDARY, ARE ELIGIBLE TO REGISTER TO RECEIVE A FREE, AGE APPROPRIATE BOOK MAILED EACH MONTH UNTIL THEIR 5TH BIRTHDAY. OUR CURRENT PROGRAM ENROLLMENT IS ABOUT 500 CHILDREN.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt039998
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82718
IRS990ScheduleA/PublicSupportPY170Pct00.84285
IRS990ScheduleA/PublicSupportTotal170Amt0191440
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt021696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043451
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt026146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078080
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0191440
IRS990ScheduleA/TotalSupportAmt0231438
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
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0460
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0460
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01450
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01450
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04787
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0700
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0700
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LSEF Annual Auction
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01128
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01128
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019690
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019690
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018240
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013453
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01778
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01778
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0721
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0721
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundation issues innovative teaching and learning grants to educators and schools in the Lake Stevens School District: $9,157. The Foundation also awards scholarships to graduating high school students in the Lake Stevens School District: $5,000. TOTAL AWARDS: $14,157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^ADMINISTRATION EXP;2307|FUNDRAISING EXP;387|PROGRAM EXP;1029^Total;3723^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES IN THE NET ASSETS OR FUND BALANCES: UNREALIZED FAIR MARKET LOSS ON INVESTMENTS OF -4486
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^Depreciable asset end of year amount;35^Total;35^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description;EOY Amount^DPIL AFFILIATE PAYABLE;4758|UNITED WAY READY KINDERGARTEN PAYABLE;2854|PASS THROUGH SCHOLARSHIPS PAYABLE;40177|CREDIT CARD BALANCE;300^Total;48089^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Technical issues with online filing.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Emily Stainbrook
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04252180656
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE STEVENS EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0943200680
ReturnHeader/Filer/PhoneNum04252180656
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1495
ReturnHeader/Filer/USAddress/CityNm0Lake Stevens
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098258
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.135.237.37
ReturnHeader/ReturnTs02017-05-16T04:57:47-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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