Lake Tahoe Educational Foundation Inc
Nonprofit profile at a glance
- EIN
- 680212613
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- South Lake Tahoe, CA, USA
- Phone
- 5305431236
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $29,980
- Expenses
- $17,608
- Assets
- $248,102
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MATT LUCKSINGER (PRESIDENT)
- MICHELLE FEENEY (VICE PRESIDENT)
- NICOLE BERGNER (PAST PRESIDENT)
People named in this filing
- MATT LUCKSINGER (PRESIDENT)
- MICHELLE FEENEY (VICE PRESIDENT)
- KAREN GOLDBERG (SECRETARY)
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
Dedicated to excellence in education by helping to support the educational programs and needs of the students in local k-12 schools in south lake tahoe, California.
What it reported doing in 2024
Provided scholarship grants to high school students excelling in math and athletics.
Operating model
- Revenue model
- Donor-supported. 76% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.
The verdict
SUPPORTED - 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 93
- Sustainability: 83
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.2%; rating input score 59
- Program expense ratio: 79.2%; rating input score 79
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 41.3%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 14.09; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -3.9% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: -2% per year; rating input score 0; 43rd percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 59.2% of revenue deployed · 79.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $14K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 59/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.