Lost River Educational Foundation INC FY2020 filing

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Seeks to increase the publics awareness of heritage arts and crafts through demonstrations of craftmanship.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $4K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
12 mo
of spending, in cash
Looks good: 11.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$495
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
30
of 30 voting members
Looks good: 30 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$28K
Spent
$32K
To programs
100%
Net assets
$34K
By yearFY2020–FY2025
Revenue
$28K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$28K
FY2021$53K
FY2022$87K
FY2023$66K
FY2024$28K
FY2025$26K
Expenses
$32K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$32K
FY2021$49K
FY2022$57K
FY2023$72K
FY2024Not on file
FY2025$33K
Net assets
$34K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$34K
FY2021$41K
FY2022$72K
FY2023$66K
FY2024$61K
FY2025$54K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 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 Dec 1992.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $32K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Lost River Educational Foundation INC 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 15aNo

Programs and updates

Showcases heritage arts and crafts through demonstrations to boost public awareness.

Questions for Lost River Educational Foundation INC

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1 program · $32K · in their own filed words · FY2020
01

Seeks to increase the publics awareness of heritage arts and crafts through demonstrations of craftmanship.

$32Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$11

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$28K
Ln 12
Other incomeLn 4–11$26K
Gifts and grantsLn 1h$3K
Money outPt IX
$32K
Ln 25
Programscol B$32K
Owns and owesPt X
$34K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$34K
LiabilitiesLn 26$495
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a30
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Other incomeLn 4–11$26K
Total revenueLn 12$28K
Assets in detailPt X, end of year
CashLn 1$31K
Cash and savings togetherLn 1–2$31K
Accounts receivableLn 4$977
Inventories for sale or useLn 8$2K
Prepaid expenses and deferred chargesLn 9$193
Total assetsLn 16$34K
LiabilitiesLn 26$495
Net assetsLn 32$34K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$34K$31K
Total assetsLn 16$38K$34K
LiabilitiesLn 26$1K$495
Net assetsLn 32$37K$34K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$350$350
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$279$279
Office expensesLn 13$777$777
OccupancyLn 16$3K$3K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$19K$19K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$32K$32K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 11, 2026 $26K$33K−$7K$54K 990 PDF
FY2024Filed with the IRS May 13, 2025 $28K$61K 990 PDF
FY2023Filed with the IRS May 10, 2024 $66K$72K−$6K$66K 990 PDF
FY2022Filed with the IRS May 11, 2023 $87K$57K$31K$72K 990 PDF
FY2021Filed with the IRS May 11, 2022 $53K$49K$4K$41K 990 PDF
FY2020 ViewingFiled with the IRS Jun 30, 2021 $28K$32K−$4K$34K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $28,248 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $950$2,590
I-9 Program service revenuePrior year $22,564$0
I-10 Investment income$0
I-11 Other revenuePrior year $1,640$25,658
I-12 Total revenuePrior year $25,154$28,248
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $29,005$31,807
I-18 Total expensesPrior year $29,005$31,807
I-19 Revenue less expensesPrior year −$3,851−$3,559
Part VI · Governance 30 of 30 board members independent, 4 to look at
VI-1a Voting members of the governing body30
VI-1b Independent voting members30
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $28,248 across 5 lines filed
VIII-1b Membership dues$1,640
VIII-1f All other contributions, gifts and grants$950
VIII-1h Total contributions, gifts and grants$2,590
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $25,658$25,658
VIII-12 Total revenueRelated to mission $25,658 · Unrelated business $0 · Excluded from tax $0$28,248
Part IX · Statement of functional expenses $31,807 across 9 lines filed
IX-11c Accounting feesPrograms $350$350
IX-11g Other fees for servicesPrograms $2,237$2,237
IX-12 Advertising and promotionPrograms $279$279
IX-13 Office expensesPrograms $777$777
IX-16 OccupancyPrograms $3,150$3,150
IX-22 Depreciation, depletion and amortizationPrograms $2,185$2,185
IX-23 InsurancePrograms $1,928$1,928
IX-24 Other expenses (24a–d)Programs $19,228$19,228
IX-24e All other expensesPrograms $1,673$1,673
IX-25 Total functional expensesPrograms $31,807 · Management $0 · Fundraising $0$31,807
Part X · Balance sheet $34,167 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $33,598$31,228
X-4 Accounts receivable$977
X-8 Inventories for sale or useStart of year $2,385$1,769
X-9 Prepaid expenses and deferred chargesStart of year $188$193
X-16 Total assetsStart of year $38,356$34,167
X-25 Other liabilities$495
X-26 Total liabilitiesStart of year $1,125$495
X-31 Retained earnings or endowmentStart of year $37,231$33,672
X-32 Total net assets or fund balancesStart of year $37,231$33,672
X-33 Total liabilities and net assetsStart of year $38,356$34,167
Part XI · Reconciliation of net assets $33,672 net assets at year end
XI-1 Total revenue$28,248
XI-2 Total expenses$31,807
XI-3 Revenue less expenses−$3,559
XI-4 Net assets at start of year$37,231
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$33,672

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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