Frances Lacy Elementary School Foundation
Form 990 for the fiscal year ending June 2025 (IRS tax year 2024).
Funds assistant teachers and specialists to enhance student education beyond state budget limits. For fiscal year 2025 it reported $339K in revenue, $360K in expenses, and $187K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Raleigh, NC
- Website
- www.lacyfoundation.org
- Filings
- 6 on file (2020–2025)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
Helped to staff assistant teachers, teaching specialists, and other classroom teachers at Frances Lacy Elementary, reducing student-to-teacher ratios and providing enhanced educational opportunities to all students.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 99% | — | — |
| Overhead ratio | 1% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -9% | — | — |
| Investment management fee ratio | 0.6% | — | — |
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.
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Filings & Schedule Manifest
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