Lake Highlands High School Education Foundation

Nonprofit profile at a glance

EIN
854285076
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Dallas, TX, USA
Phone
2146629133
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$125,186
Expenses
$71,342
Assets
$113,276
Liabilities
$3,392

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Robin Moss Norcross (President)

People named in this filing

  • Robin Moss Norcross (President)
  • Jenny Littlefield (Wild for Cats Chairman)
  • Kari Urban (Lake Highlands High School Alumni Association Chairman)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Lake Highlands High School Education Foundation's purpose is to rally the Lake Highlands community to raise funds necessary for continuing Lake Highland High School's tradition of academic excellence.

What it reported doing in 2024

The Lake Highlands High School Education Foundation is a 501c3. The foundation provides a means for partnering with Lake Highlands High School, LHHS alumni, and the broader Lake Highlands community to support education-based initiatives and academics at LHHS. This is accomplished through the Wild for Cats annual fundraising campaign to enhance educational opportunities for all students and staff, and the LHHS Alumni Association which, through networking and class gifts, is creating a long-lasting legacy of support for LHHS.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.1%; rating input score 50
  • Program expense ratio: 88%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 43%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 1.59; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 37.3% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 42% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 35.2% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 50.1% of revenue deployed · 88% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $63K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.