The Lime Foundation FY2022 filing

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The Lime Foundations mission is to provide educational resources, mentorship and career exploration in order to develop sustainable empowerment among the diverse communities. Those served by the lime foundation will learn life-changing skills to harness their potential in music, performing arts, construction careers, technology, and health, encouraging all individuals to inspire their communities.

501(c)(3) charity; gifts are tax-deductible.
47¢ of each $1 spent went to programs.
$85K 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

FY2022 · 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
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $41K a year · 7% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
47%
of spending
47% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$85K
to officers and key staff · 12% of spending
Pay to officers and key staff is 12% of spending.
Part VII, Section A
9.4 mo
of spending, in cash
9.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $298K
5 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$551K
94% of total assets
Liabilities are 94% of assets.
Pt X · Ln 26
Independent board members
8
of 9 voting members
8 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$554K
-9% vs prior year
Spent
$709K
To programs
47%
Net assets
$37K
By yearFY2020–FY2025
Revenue
$554K
FY2022▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$298K
FY2021$609K
FY2022$554K
FY2023$559K
FY2024$708K
FY2025$958K
Expenses
$709K
FY2022▲ +65%
Tap a bar for its year
Expenses by fiscal year
FY2020$336K
FY2021$429K
FY2022$709K
FY2023$800K
FY2024$702K
FY2025$953K
Net assets
$37K
FY2022▼ -81%
Tap a bar for its year
Net assets by fiscal year
FY2020$11K
FY2021$191K
FY2022$37K
FY2023−$205K
FY2024−$168K
FY2025−$178K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2015.

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

Where the money goes

47 cents of each dollar spent went to programs.

Program services 47% · $336K Management & general 24% · $171K Fundraising 28% · $201K

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

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990; $85K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Dir.
$84,943Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Letitia Hanke’s $100K as Executive Dir. is at the 73rd percentile of top reported officer pay among 1709 $100K–1M community development 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Letitia Hanke$100,109$72,356$73,059$84,943$84,267$61,620

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 The Lime 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

Empowers diverse communities with skills in arts, tech, and health through education and mentorship.

Questions for The Lime Foundation

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1 program · $336K · in their own filed words · FY2022
01

NextGen Trades Academy provides vocational training and workforce development to underrepresented youth, (ages 16-24), via education and interaction with industry leaders and employers in 24 different construction and agriculture trades.

$336Kprogram 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
See all 5 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$554K
Ln 12
Gifts and grantsLn 1h$380K
Other incomeLn 4–11$174K
Investment incomeLn 3$161
Money outPt IX
$709K
Ln 25
Programscol B$336K
Managementcol C$171K
Fundraisingcol D$201K
Owns and owesPt X
$37K
net assets · Ln 32
Cash and savingsLn 1–2$553K
Total assetsLn 16$588K
LiabilitiesLn 26$551K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$380K
Government grantsLn 1e$7K
Investment incomeLn 3$161
Other incomeLn 4–11$174K
Gains on assetsLn 7$0
Total revenueLn 12$554K
Assets in detailPt X, end of year
CashLn 1$553K
Cash and savings togetherLn 1–2$553K
Accounts receivableLn 4$20K
Prepaid expenses and deferred chargesLn 9$14K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$588K
LiabilitiesLn 26$551K
Net assetsLn 32$37K
OperationsPt I, VI
EmployeesI 58
VolunteersI 672
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$462K$553K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$516K$588K
LiabilitiesLn 26$325K$551K
Net assetsLn 32$191K$37K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$192K$135K$19K$38K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$7K$5K$700$1K
Payroll taxesLn 10$20K$14K$2K$4K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$146K$49K$63K$34K
Advertising and promotionLn 12$0
Office expensesLn 13$9K$5K$4K
Information technologyLn 14$16K$793$14K$793
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$4K$912$2K$912
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$14K$14K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$3K$582
InsuranceLn 23$11K$8K$3K
Other expenses (24a–d)Ln 24$140K$43K$11K$86K
All other expensesLn 24e$135K$72K$27K$36K
Total functional expensesLn 25$709K$336K$171K$201K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 14, 2026 $958K$953K$5K−$178K 990 PDF
FY2024Filed with the IRS May 28, 2025 $708K$702K$6K−$168K 990 PDF
FY2023Filed with the IRS Dec 12, 2024 $559K$800K−$242K−$205K 990 PDF
FY2022 ViewingFiled with the IRS Nov 14, 2023 $554K$709K−$154K$37K 990 PDF
FY2021Filed with the IRS Nov 9, 2022 $609K$429K$180K$191K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $298K$336K−$38K$11K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $554,285 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $544,047$379,983
I-9 Program service revenue$0
I-10 Investment income$161
I-11 Other revenuePrior year $64,940$174,141
I-12 Total revenuePrior year $608,987$554,285
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $169,127$219,095
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $260,232$489,603
I-18 Total expensesPrior year $429,359$708,698
I-19 Revenue less expensesPrior year $179,628−$154,413
Part VI · Governance 8 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $554,285 across 9 lines filed
VIII-1e Government grants$7,228
VIII-1f All other contributions, gifts and grants$372,755
VIII-1h Total contributions, gifts and grants$379,983
VIII-3 Investment incomeExcluded from tax $161$161
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$174,141
VIII-12 Total revenueExcluded from tax $161$554,285
Part IX · Statement of functional expenses $708,698 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $134,549 · Management $19,221 · Fundraising $38,443$192,213
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $4,902 · Management $700 · Fundraising $1,401$7,003
IX-10 Payroll taxesPrograms $13,915 · Management $1,988 · Fundraising $3,976$19,879
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $10,786$10,786
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $48,708 · Management $62,708 · Fundraising $34,205$145,621
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $5,469 · Management $3,646$9,115
IX-14 Information technologyPrograms $793 · Management $14,281 · Fundraising $793$15,867
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $912 · Management $1,824 · Fundraising $912$3,648
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $14,424$14,424
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,297 · Management $582$3,879
IX-23 InsurancePrograms $7,878 · Management $3,376$11,254
IX-24 Other expenses (24a–d)Programs $43,090 · Management $11,155 · Fundraising $86,091$140,336
IX-24e All other expensesPrograms $72,429 · Management $26,604 · Fundraising $35,640$134,673
IX-25 Total functional expensesPrograms $335,942 · Management $171,295 · Fundraising $201,461$708,698
Part X · Balance sheet $587,648 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $462,459$553,069
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $26,533$19,535
X-5 Loans to officers and key peopleStart of year $9,934$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $13,790$13,790
X-10c Land, buildings and equipment, netStart of year $1,744$1,254
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,287$0
X-16 Total assetsStart of year $515,747$587,648
X-17 Accounts payable and accrued expensesStart of year $18,766$32,872
X-24 Unsecured notes and loans payableStart of year $306,000$518,208
X-26 Total liabilitiesStart of year $324,766$551,080
X-27 Net assets without donor restrictionsStart of year $12,744−$76,532
X-28 Net assets with donor restrictionsStart of year $178,237$113,100
X-32 Total net assets or fund balancesStart of year $190,981$36,568
X-33 Total liabilities and net assetsStart of year $515,747$587,648
Part XI · Reconciliation of net assets $36,568 net assets at year end
XI-1 Total revenue$554,285
XI-2 Total expenses$708,698
XI-3 Revenue less expenses−$154,413
XI-4 Net assets at start of year$190,981
XI-10 Net assets at end of year$36,568

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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