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The Foundation for Leon County Schools, Inc.

aka Foundation for Leon County Schools   |   Tallahassee, FL   |  www.foundationforlcs.com
GuideStar Charity Check

The Foundation for Leon County Schools, Inc.

EIN: 59-2852594


Mission

To bring enriching programs and resources to Leon County Schools through business, individual, and community engagement; increased public awareness; and dedicated fundraising.

Ruling year info

1989

Executive Director

Mr. Eric Clark

Main address

2757 West Pensacola Street

Tallahassee, FL 32304 USA

Show more contact info

Formerly known as

Leon County Schools Foundation

EIN

59-2852594

Subject area info

Elementary and secondary education

Education services

Population served info

Children and youth

Adults

Students

NTEE code info

Elementary, Secondary Ed (B20)

Educational Services and Schools - Other (B90)

Elementary, Secondary Ed (B20)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Public school systems are woefully underfunded to provide the education that is needed in the 21st Century. The Foundation for Leon County Schools is a a funding mechanism to assist in acquiring the additional funds needed to make our school system better. The Foundation for Leon County Schools (FLCS) was established in 1986 when forward-thinking business, community, and education leaders came together with a common goal of enhancing educational opportunities and experiences for Leon County students in order to deliver a superior education.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Teacher Innovation Grants

Through a competitive application process, we reward teachers for innovative instruction through our teacher mini-grant program. Since 1989, we've awarded nearly 2 million dollars in classroom resources and programs. We are unique in that we receive matching grant dollars from the Consortium of Florida Education Foundation and the Department of Education (DOE) for this program.

Population(s) Served
Children and youth

Because many volunteer organizations want to support educational programs and scholarships, the Foundation acts as a fiscal agent for 5 organizations. Through our valuable partnerships, we are able to give student scholarships, increase programs for gifted students, assist homeless students with shelter and resources, and encourage at-risk students to stay in school, graduate, and continue post-secondary educations.

Population(s) Served
Children and youth

Because the school budget has been reduced considerably in the past 5 years, the Foundation assists the District in providing professional development and training for teachers and administrators in the following areas: Florida Standards and STEM/STEAM. We allocate dollars for trainers, resources, and teacher stipends that relate to these trainings.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Teacher Innovation Grants

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Teacher Innovation Grants

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Number of students impacted

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Teacher Innovation Grants

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Under the leadership of its volunteer Board of Directors, the Foundation remains focused on enhancing programs that include:
¨ Classroom Grants
¨ Career & Technology Education
¨ Professional Development
¨ STEAM
¨ Wellness

· Generates financial support enhancing educational programs benefitting students and teachers in Leon County Public Schools
· Awards classroom grants to increase innovation and inspiration
· Provides funding to ensure at-risk students graduate from high school and move on to a career or college environment
· Ensures that students in need have basic school supplies
· Acts as a liaison between the private sector and the school district to provide avenues for business, industry, and community involvement and investment in Leon County Public Schools

Our philanthropic priorities are:
• Ensure Learning Readiness: support early childhood education, mental and physical health and wellness, and behavioral improvements.
• Invest in Teachers & Staff: provide professional development, impact and innovation grants, and investments in teacher excellence and retention.
• Accelerate Student Success: focus on literacy, access to STEAM, access to arts, and efforts that narrow achievement gaps.
• Promote Success After LCS: support career and college readiness efforts, scholarships, mentoring and alumni programs.
• Drive Community Collaborations: build meaningful relationships and partnerships within the Tallahassee community.

The Foundation for Leon County Schools garners private and public engagement to support Leon County Schools. The Foundation provides our schools with programs and resources that are not supported by tax dollars, to ensure that Leon County remains one of the top performing districts in the state. Since its establishment in 1986, the Foundation has invested more than $3 million dollars for the enhancement of public education in Leon County.

Financials

The Foundation for Leon County Schools, Inc.
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 Audit
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

3.71

Average of 3.26 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

6.9

Average of 14 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

23%

Average of 2% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

The Foundation for Leon County Schools, Inc.

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

The Foundation for Leon County Schools, Inc.

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

The Foundation for Leon County Schools, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of The Foundation for Leon County Schools, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation -$4,885 -$80,149 $193,537 -$29,663 $51,475
As % of expenses -1.6% -23.4% 69.2% -6.0% 7.3%
Unrestricted surplus (deficit) after depreciation -$4,885 -$80,149 $193,537 -$29,663 $51,475
As % of expenses -1.6% -23.4% 69.2% -6.0% 7.3%
Revenue composition info
Total revenue (unrestricted & restricted) $256,195 $339,244 $352,114 $495,281 $732,495
Total revenue, % change over prior year -6.7% 32.4% 3.8% 40.7% 47.9%
Program services revenue 4.8% 31.1% 17.7% 9.2% 12.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 1.5% 0.1% 0.1% 0.0% 0.5%
Government grants 4.1% 0.0% 0.0% 2.3% 2.1%
All other grants and contributions 89.7% 68.8% 82.2% 88.5% 85.3%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $313,720 $342,894 $279,587 $491,679 $701,587
Total expenses, % change over prior year 5.5% 9.3% -18.5% 75.9% 42.7%
Personnel 0.0% 0.0% 0.0% 0.0% 5.9%
Professional fees 5.8% 6.5% 7.0% 4.0% 2.7%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 65.2% 37.9% 44.0% 43.5% 55.8%
All other expenses 29.0% 55.5% 49.0% 52.5% 35.6%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $313,720 $342,894 $279,587 $491,679 $701,587
One month of savings $26,143 $28,575 $23,299 $40,973 $58,466
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $339,863 $371,469 $302,886 $532,652 $760,053

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 11.1 10.1 15.2 8.5 6.9
Months of cash and investments 11.1 10.1 15.2 8.5 6.9
Months of estimated liquid unrestricted net assets 11.0 7.2 17.2 9.0 7.2
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $290,032 $289,334 $354,712 $350,261 $405,295
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $0 $0 $10,992
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 21.8% 24.7% 16.8% 15.3% 19.0%
Unrestricted net assets $286,389 $206,240 $399,777 $370,114 $421,589
Temporarily restricted net assets $48,429 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $48,429 $111,564 $31,536 $54,379 $43,716
Total net assets $334,818 $317,804 $431,313 $424,493 $465,305

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Mr. Eric Clark

Eric Clark has 30 years of nonprofit management experience.

Number of employees

Source: IRS Form 990

The Foundation for Leon County Schools, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

The Foundation for Leon County Schools, Inc.

Board of directors
as of 10/16/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Ms. Lily Etemadi

Florida Department of Environment

Term: 2021 - 2022


Board co-chair

Mrs. Susan Aarons

Capital City Bank

Term: 2021 - 2022

Mary Estes

First Commerce Credit Union

Sylvia Myers

Leon County Schools Teacher of the Year

Dan McGrew

ITT Technical Institute

Susan Aarons

Capital City Bank

Lily Etemadi

University Center Club

Rocky Hanna

Leon County Schools

Beth Keating

Gunster Law Firm

Christie Mason

CenturyLink

Heather Thomas

Leon County Schools

Marie VonHertsenberg

Envision Credit Union

Brian Welch

Leon County Schools

Brenden Bruner

Leon County Sheriff's Dept.

Tracy Cohen

Target Print & Mail

Betsy Couch

KPPI

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 10/16/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 01/18/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.