Lane Tech Century Foundation
Nonprofit profile at a glance
- EIN
- 200883809
- IRS 990-EZ coverage
- 2012–2020
- Forms available
- Form 990 2016, Form 990-EZ 2020
- Location
- Chicago, IL, USA
- Phone
- 8476924500
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Assets
- $8,012
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JOHN H SCHWAN (PRESIDENT)
People named in this filing
- JOHN H SCHWAN (PRESIDENT)
- KEITH FOLEY (VICE PRESIDE)
- ROBERT B HOELLEN (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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fund raising to renovate and support a public high school
What it reported doing in 2020
General support of high school
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: NotEnoughData
- Sustainability: NotEnoughData
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: Limited
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -25.8% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: -23.4% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: -27.3% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 1 of 1 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2012 to 2020
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.