Lancaster Education Foundation EIN 23-2583874 Form 990 (PDF) Claim this org

Lancaster Education Foundation

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Enhances education for students in the School District of Lancaster through special programs. For fiscal year 2025 it reported $678K in revenue, $619K in expenses, and $2.6M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Lancaster, PA
Website
www.lancasteredfnd.com
Filings
6 on file (2020–2025)
Revenue
$678KFY2025
Expenses
$619K
Net assets
$2.6M
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-2583874 Public charity (501(c)(3)) Lancaster, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Enhances education for students in the School District of Lancaster through special programs.
Leadership
Angela Trout · Director · $60K
Money in and out
$678K revenue, $619K expenses
Bottom line
69% program efficiency
Where the money goes · FY2025
Total revenue
$678K
Pt VIII · Ln 12
Total expenses
$619K
Pt IX · Ln 25
Net assets
$2.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $59K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.21 Fundraising $0.10
Program efficiency
69%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
51.2mo
months of highly liquid reserves at operating expense rate▲ +1% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▼ -68% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$678K
FY2025▼ -13%
Expenses
$619K
FY2025▲ +9%
Total assets
$2.6M
FY2025▲ +11%
Total liabilities
$0
FY2025
Total revenue
$678K
Pt VIII · Ln 12
Total expenses
$619K
Pt IX · Ln 25
Net assets
$2.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$59K
Total assetsPt X · Ln 16$2.6M
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLancaster Education Foundation
EINHdr · item D23-2583874
Principal addressHdr · item CLancaster, PA
WebsiteHdr · item Jwww.lancasteredfnd.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B25I)
Ruling yearIRS BMFAug 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$60,125Pt VII · Sec A
Fund Development Committee
$0Pt VII · Sec A
$0Pt VII · Sec A
School Board President
$0Pt VII · Sec A
Program Committee
$0Pt VII · Sec A
President of Alumni
$0Pt VII · Sec A
President of Board
$0Pt VII · Sec A
VP of Board
$0Pt VII · Sec A

Angela Trout’s $60K as Director is at the 52nd percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Mission & Programs · Part III

Where the work happens

1 program service account for $427K of program spending, described in the organization's own filed words · FY2024.
01

The lancaster education foundation's primary purpose is to support the mission and programs of the schools of the school district of lancaster, serving as its non-profit partner for district fundraising, increasing amounts of scholarships awarded, supporting and increasing dual enrollment opportunities and developing a robust mccaskey…

$427Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$657K · 97%
Investment income$34K · 5%
Contributions & grants97%$657K
Investment income5%$34K
— government grantsLn 1e$50K
Total revenueLn 12$678K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.21 Fundraising $0.10
Program services69%$427K
Management & general21%$131K
Fundraising10%$61K
Total functional expensesLn 25$619K

Balance Sheet

Part X · end of year
CashLn 1$130K
Total assetsLn 16$2.6M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.6M
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.6M · Operating expenses/yr $619K
51.2 months
Where the money goes
Program services
Program services $427K · Total expenses $619K
69%
Management & General
Management & general $131K · Total expenses $619K
21%
Fundraising
Fundraising $61K · Total expenses $619K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $61K · Solicited contributions (3-yr avg) $557K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $657K · Total revenue $678K
97%
Government reliance
Government grants $50K · Total revenue $678K
7%
Earned-income share
Program service revenue $0 · Total revenue $678K
0%
Investment reliance
Investment income $34K · Total revenue $678K
+5%
Program self-sufficiency
Program service revenue $0 · Total expenses $619K
0%
Growth & trend
Revenue growth (YoY)
This year $678K · Prior year $780K
-13%
Revenue CAGR
FY2019 $534K · FY2024 $678K
+5%
Net-asset trend (YoY)
End of year $2.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $678K · Expenses $619K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $2.6M
Net-asset ratio
Net assets $2.6M · Total assets $2.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.5M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.6M
95%
People & payroll
Highest Reported Total Compensation
Individual Angela Trout · Reported title DIRECTOR · Highest reported compensation $60K · Total expenses $619K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $172K · Total expenses $619K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 21%
Fundraising cost ratio 9%
Revenue growth -13%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$12K
Grants paid · 16 grants · $1.6M · 2019–2024
School District of LancasterFY2024$171,139
Unitemized GrantFY2024$83,286
The Pennsylvania State UniversityFY2024$5,500
Unitemized GrantFY2023$96,719
School District of LancasterFY2023$84,976
School District of LancasterFY2022$174,316
Unitemized GrantFY2022$141,979
School District of LancasterFY2021$117,901
Unitemized GrantFY2021$114,895
School District of LancasterFY2020$219,154
Unitemized GrantFY2020$43,851
Unitemized GrantFY2019$154,055
School District of LancasterFY2019$146,410

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$678K revenue · viewing · ⤓ 990 PDF
FY2024$780K revenue · ⤓ 990 PDF
FY2023$655K revenue · ⤓ 990 PDF
FY2022$602K revenue · ⤓ 990 PDF
FY2021$832K revenue · ⤓ 990 PDF
FY2020$534K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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