Lakewood Creek Elementary Home and School Organization
Nonprofit profile at a glance
- EIN
- 900101782
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Montgomery, IL, USA
- Phone
- 6305327766
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $50,435
- Expenses
- $54,872
- Assets
- $4,434
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Calli Yong (President)
- Megan Sischo (Vice President)
People named in this filing
- Calli Yong (President)
- Megan Sischo (Vice President)
- Jen Leur (Recording 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
The organization is organized exclusively for charitable, religious, educational, and scientific purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code. Donations directly benefit students and staff providing school supplies, classroom/curriculum supplies, social gatherings (dances, family fun nights). These expenses are covered by our major Fundraiser for the year, FUN RUN where students and families participate in raising funds to support the school by donating to laps runs by students. The funds received from this event provides teacher Grants, funds staff appreciation week as well as staff recognition requests (births/death/marriage etc.). We service 100 staff members and over 600 students.
What it reported doing in 2024
The HSO provided grants to teachers and staff for classroom and building supplies that supported students and curriculum. Over 25k was allocated to grants. We also provided over 6k to family fun events, which included but was not limited to: dances, breakfast buddies, Bingo, trunk or treat, family fitness night, Field day, etc. Funds were also used to show appreciation to staff and volunteers amount @6k. As well as an end of the year celebration for our graduating 5th graders amt $1500. These events provide a fun and safe environment for our community to grow in unity.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.4%; rating input score 18
- Program expense ratio: 17%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -8.8%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th 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: -9.6% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -3.6% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 18.4% of revenue deployed · 17% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $9K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2014 to 2024
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.