The Foundation for Lee County Public Schools Inc

What it reported doing in 2024

Sanibel school fund (ss) the sanibel school reflects contributions received and related expenditures made specifically for the sanibel school. Education resource center (rc) collect new and used donated items to benefit teachers, students and schools at no cost to them. Collegium for the advancement of education (tr) the collegium for the advancement of education is the teacher development element of the golden apple program that offers opportunities for networking as well as educational opportunities to a select group of educators. Futuremakers (fm) this program aims to inspire more high school seniors to take the next step after graduation, whether it is a university, college, or technical/vocational training through presentations and financial aid workshops. Kids tag art (op) lee county kids tag art is an educational fundraising project created in partnership with the lee county tax collectors office and designed to benefit the art classrooms in lee county district schools. This program is offered annually to each elementary school's fifth-grade students. Bonita springs high school fund (bs) the bonita springs high school reflects contributions received and related expenditures made specifically for the bonita springs high school. Other programs (op) at this time, includes discretionary fund, access homeless fund, environmental education (edison fairs), hurricane ian relief, new teachers social, kids tag art, jeff sommer memorial scholarships, suncoast c. U. Scholarships, allegretti foundation scholarships, top chef scholarships, angela mates scholarships, betty smith carriere scholoarships, allegretti scholarships, shevach scholarships & shadow woods scholarships. College & career initiatives (cc) in collaboration with local lee county businesses, we offer various opportunities to educate students and educators in the district. Our programs give them the opportunity to learn about local career fields focused on stem and educational requirements for those careers. Our college and career center prepares lee county public school students for post-secondary education, technical training, or entering the workforce. This is accomplished through scholarship search, act prep, financial literacy, and career exploration. Student advocacy & mentoring program (sa) this program works with at-risk, low-income students in the district by offering resources and volunteer mentors to assist students completing their high school education and continuing post-secondary education. Southwest Florida theatrical society this program provides for an annual theatrical competition. Administration (ad) administration includes fund-raisers, business partners/state of our schools, and other activities and special events not specifically identified in other programs.

Financial Efficiency

• Mission deployment rate: 92.4%; rating input score 92
• Program expense ratio: 92.2%; rating input score 92
• Fundraising efficiency: $314.45 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 79%; rating input score 79; 34th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 97.6%; rating input score 98; 26th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.3%; rating input score 37; 37th percentile among comparable filings
• Total-asset coverage ratio: 3.35; rating input score 78; 78th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 67; 67th percentile among comparable filings
• Officer compensation ratio: 12.5%; rating input score 29; 29th percentile among comparable filings

Growth

• Program expense growth: 1.5% per year; rating input score 100; 24th percentile among comparable filings
• Revenue growth: 2.4% per year; rating input score 100; 27th percentile among comparable filings
• Asset growth: 7.6% per year; rating input score 100; 50th percentile among comparable filings