Lukas Foundation FY2023 filing

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The organization fulfills its exempt purpose by providing developmentally disabled adults lifelong residential care and vocational traing at lower than cost (approximately one-half the state average) and provides up to 50% financial aid as needed.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 02-0358724) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$142K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $296K a year · 19% of revenue · last 5 filings
A surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
69% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$142K
to officers and key staff · 9% of spending
Pay to officers and key staff is 9% of spending.
Part VII, Section A
5.5 mo
of spending, in cash
Plus $5.7M in investments, Pt X · Ln 11–13
5.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $14K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$40K
0.5% of total assets
Liabilities are 0.5% of assets.
Pt X · Ln 26
Independent board members
7
of 8 voting members
7 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.5M
+7% vs prior year
Spent
$1.6M
To programs
69%
Net assets
$7.4M
By yearFY2020–FY2024
Revenue
$1.5M
FY2023▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.7M
FY2022$1.4M
FY2023$1.5M
FY2024$1.7M
Expenses
$1.6M
FY2023▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.8M
FY2022$1.7M
FY2023$1.6M
FY2024$2.5M
Net assets
$7.4M
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.6M
FY2021$8.8M
FY2022$7.3M
FY2023$7.4M
FY2024$6.6M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $1.1M Management & general 31% · $492K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $142K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Vice President/Executive
$142,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kristen Stanton$93,114$142,500$122,876$113,884$112,978
Beverly Evans$113,003————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lukas Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers lifelong residential care and vocational training for adults with developmental disabilities at reduced costs.

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1 program · $1.1M · in their own filed words · FY2023
01

The lukas foundation's main program is to provide lifelong residential care for developmentally disabled adults. Vocational training is also offered to these individuals.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 02-0358724) · Dispute this line
$1.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$14K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$841K
Other incomeLn 4–11$395K
Investment incomeLn 3$155K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.1M
Managementcol C$492K
Owns and owesPt X
$7.4M
net assets · Ln 32
Cash and savingsLn 1–2$739K
Total assetsLn 16$7.4M
LiabilitiesLn 26$40K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$79K
Fees for servicesLn 2g$841K
Investment incomeLn 3$155K
Other incomeLn 4–11$395K
Gains on assetsLn 7$391K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$115K
SavingsLn 2$624K
Cash and savings togetherLn 1–2$739K
Prepaid expenses and deferred chargesLn 9$17K
Land, buildings, equipmentLn 10c$938K
InvestmentsLn 11–13$5.7M
Total assetsLn 16$7.4M
LiabilitiesLn 26$40K
Net assetsLn 32$7.4M
OperationsPt I, VI
EmployeesI 532
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$53K
Share of the $6.4M endowmentSch D 1g0.84%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY23FY22FY21FY20FY19
End of yearLn 1g$6.4M$6.1M$7.6M$7.4M$6.8M
AddedLn 1b$5K$15K$24K$171K
SpentLn 1d–1f$564K$542K$802K$284K$200K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$451K$739K
InvestmentsLn 11–13$5.8M$5.7M
Land, buildings, equipmentLn 10c$1.0M$938K
Total assetsLn 16$7.3M$7.4M
LiabilitiesLn 26$0$40K
Net assetsLn 32$7.3M$7.4M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$158K$110K$47K
Other salaries and wagesLn 7$755K$529K$227K
Other employee benefitsLn 9$5K$4K$2K
Payroll taxesLn 10$74K$52K$22K
Legal feesLn 11b$38K$38K
Accounting feesLn 11c$26K$26K
Investment management feesLn 11f$53K$53K
Office expensesLn 13$15K$1K$13K
OccupancyLn 16$122K$98K$24K
TravelLn 17$10K$8K$2K
Depreciation, depletion and amortizationLn 22$84K$67K$17K
InsuranceLn 23$85K$68K$17K
Other expenses (24a–d)Ln 24$158K$158K
All other expensesLn 24e$17K$14K$3K
Total functional expensesLn 25$1.6M$1.1M$492K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Jul 21, 2025 $1.7M$2.5M−$817K$6.6M 990 PDF
FY2023 ViewingFiled with the IRS Sep 3, 2024 $1.5M$1.6M−$131K$7.4M 990 PDF
FY2022Filed with the IRS Sep 27, 2023 $1.4M$1.7M−$321K$7.3M 990 PDF
FY2021Filed with the IRS Sep 6, 2022 $1.7M$1.8M−$157K$8.8M 990 PDF
FY2020Filed with the IRS Sep 23, 2021 $1.4M$1.5M−$56K$8.6M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $1,470,413 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $106,231$79,404
I-9 Program service revenuePrior year $973,376$841,353
I-10 Investment incomePrior year $281,582$545,944
I-11 Other revenuePrior year $12,800$3,712
I-12 Total revenuePrior year $1,373,989$1,470,413
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,126,218$992,580
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $568,575$609,205
I-18 Total expensesPrior year $1,694,793$1,601,785
I-19 Revenue less expensesPrior year −$320,804−$131,372
Part VI · Governance 7 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,470,413 across 7 lines filed
VIII-1f All other contributions, gifts and grants$79,404
VIII-1h Total contributions, gifts and grants$79,404
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $841,353$841,353
VIII-3 Investment incomeExcluded from tax $155,103$155,103
VIII-7 Net gain or loss on sales of assetsExcluded from tax $390,841$390,841
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,712$3,712
VIII-12 Total revenueRelated to mission $845,065 · Unrelated business $0 · Excluded from tax $545,944$1,470,413
Part IX · Statement of functional expenses $1,601,785 across 14 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $110,425 · Management $47,325$157,750
IX-7 Other salaries and wagesPrograms $528,834 · Management $226,643$755,477
IX-9 Other employee benefitsPrograms $3,677 · Management $1,576$5,253
IX-10 Payroll taxesPrograms $51,870 · Management $22,230$74,100
IX-11b Legal feesManagement $37,792$37,792
IX-11c Accounting feesManagement $26,437$26,437
IX-11f Investment management feesManagement $53,423$53,423
IX-13 Office expensesPrograms $1,473 · Management $13,259$14,732
IX-16 OccupancyPrograms $97,862 · Management $24,465$122,327
IX-17 TravelPrograms $7,650 · Management $1,912$9,562
IX-22 Depreciation, depletion and amortizationPrograms $67,417 · Management $16,854$84,271
IX-23 InsurancePrograms $68,389 · Management $17,097$85,486
IX-24 Other expenses (24a–d)Programs $158,077$158,077
IX-24e All other expensesPrograms $13,724 · Management $3,374$17,098
IX-25 Total functional expensesPrograms $1,109,398 · Management $492,387 · Fundraising $0$1,601,785
Part X · Balance sheet $7,430,388 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $110,558$114,910
X-2 Savings and temporary cash investmentsStart of year $340,377$624,332
X-9 Prepaid expenses and deferred chargesStart of year $18,392$16,630
X-10c Land, buildings and equipment, netStart of year $1,019,432$938,400
X-11 Publicly traded securitiesStart of year $5,773,346$5,736,116
X-16 Total assetsStart of year $7,262,105$7,430,388
X-17 Accounts payable and accrued expenses$40,187
X-26 Total liabilitiesStart of year $0$40,187
X-27 Net assets without donor restrictionsStart of year $1,153,584$1,035,272
X-28 Net assets with donor restrictionsStart of year $6,108,521$6,354,929
X-32 Total net assets or fund balancesStart of year $7,262,105$7,390,201
X-33 Total liabilities and net assetsStart of year $7,262,105$7,430,388
Part XI · Reconciliation of net assets $7,390,201 net assets at year end
XI-1 Total revenue$1,470,413
XI-2 Total expenses$1,601,785
XI-3 Revenue less expenses−$131,372
XI-4 Net assets at start of year$7,262,105
XI-5 Net unrealized gains (losses) on investments$259,468
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,390,201

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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