Lee County Educational Foundation
Lee County Educational Foundation maintains strong asset growth and zero liabilities with volunteer leadership.
EIN: 134264393 · Sanford, NC · NTEE: B112 · Updated: 2026-03-28
Is Lee County Educational Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lee County Educational Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lee County Educational Foundation
Lee County Educational Foundation (EIN: 134264393) is a nonprofit organization based in Sanford, NC, classified under NTEE code B112. The organization reported total revenue of $944K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lee County Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lee County Educational Foundation is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $214K |
| Surplus / Deficit | $-29,260 |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | -15.9% |
| Months of Reserves | 85.2 months |
Financial Health Grade: B
In 2023, Lee County Educational Foundation reported a deficit of $29K with expenses exceeding revenue, holds 85.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Lee County Educational Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.4% | +134.2% | +11.9% |
| 2022 | -33.5% | -47.9% | -10.2% |
| 2021 | +88.9% | +1.8% | +8.0% |
| 2020 | +65.1% | +134.4% | +4.0% |
| 2019 | -23.6% | +17.8% | +15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lee County Educational Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Lee County Educational Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure. This suggests that all leadership roles are unpaid, which is highly favorable for directing funds towards the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Lee County Educational Foundation:
- Consistent asset growth, reaching $1,518,561 in 2023.
- Zero reported liabilities across all filings, indicating strong financial health.
- 0% officer compensation, suggesting a volunteer-driven leadership and efficient use of funds.
- Strong program focus due to minimal administrative overhead from executive salaries.
- Long history of consistent IRS 990 filings (14 filings), demonstrating transparency.
Frequently Asked Questions about Lee County Educational Foundation
Is Lee County Educational Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lee County Educational Foundation (EIN: 134264393) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Lee County Educational Foundation spend its money?
Lee County Educational Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lee County Educational Foundation tax-deductible?
Lee County Educational Foundation is registered as a tax-exempt nonprofit (EIN: 134264393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lee County Educational Foundation a good charity?
Based on its financial data, the Lee County Educational Foundation appears to be a very good charity. It has consistently grown its assets, maintains zero liabilities, and reports no officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How does the foundation manage its expenses relative to revenue?
The foundation generally manages its expenses well, often generating more revenue than expenses, as seen in 2022 (Revenue: $130,463, Expenses: $91,294). While there are years where expenses slightly exceed revenue (e.g., 2023: Revenue $184,531, Expenses $213,791), this could indicate strategic investments or use of reserves, which is acceptable for a healthy organization with substantial assets.
What is the trend in the foundation's assets?
The foundation's assets show a consistent upward trend, growing from $1,110,900 in 2016 to $1,518,561 in 2023. This indicates strong financial stewardship and long-term sustainability.
Filing History
IRS 990 filing history for Lee County Educational Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Lee County Educational Foundation's revenue has declined by 10.3%, moving from $206K to $185K. Total assets increased by 46.1% over the same period, from $1.0M to $1.5M. Total functional expenses rose by 190.9%, from $73K to $214K. In its most recent filing year (2023), Lee County Educational Foundation reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $185K | $214K | $1.5M | $0 | — | — |
| 2022 | $130K | $91K | $1.4M | $0 | — | — |
| 2021 | $196K | $175K | $1.5M | $0 | — | View 990 |
| 2020 | $104K | $172K | $1.4M | $0 | — | View 990 |
| 2019 | $63K | $73K | $1.3M | $0 | — | View 990 |
| 2018 | $82K | $62K | $1.2M | $0 | — | View 990 |
| 2018 | $203K | $69K | $1.2M | $0 | — | View 990 |
| 2017 | $67K | $68K | $1.2M | $0 | — | View 990 |
| 2016 | $110K | $71K | $1.1M | $0 | — | View 990 |
| 2015 | $106K | $77K | $1.1M | $0 | — | View 990 |
| 2014 | $84K | $63K | $1.1M | $0 | — | View 990 |
| 2013 | $149K | $66K | $1.0M | $0 | — | View 990 |
| 2012 | $29K | $91K | $977K | $0 | — | View 990 |
| 2011 | $206K | $73K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $185K, expenses of $214K, and assets of $1.5M (revenue +41.4% year-over-year).
- 2022: Revenue of $130K, expenses of $91K, and assets of $1.4M (revenue -33.5% year-over-year).
- 2021: Revenue of $196K, expenses of $175K, and assets of $1.5M (revenue +88.9% year-over-year).
- 2020: Revenue of $104K, expenses of $172K, and assets of $1.4M (revenue +65.1% year-over-year).
- 2019: Revenue of $63K, expenses of $73K, and assets of $1.3M (revenue -23.6% year-over-year).
- 2018: Revenue of $82K, expenses of $62K, and assets of $1.2M (revenue -59.4% year-over-year).
- 2018: Revenue of $203K, expenses of $69K, and assets of $1.2M (revenue +200.8% year-over-year).
- 2017: Revenue of $67K, expenses of $68K, and assets of $1.2M (revenue -38.6% year-over-year).
- 2016: Revenue of $110K, expenses of $71K, and assets of $1.1M (revenue +3.8% year-over-year).
- 2015: Revenue of $106K, expenses of $77K, and assets of $1.1M (revenue +26.0% year-over-year).
- 2014: Revenue of $84K, expenses of $63K, and assets of $1.1M (revenue -43.7% year-over-year).
- 2013: Revenue of $149K, expenses of $66K, and assets of $1.0M (revenue +416.3% year-over-year).
- 2012: Revenue of $29K, expenses of $91K, and assets of $977K (revenue -85.9% year-over-year).
- 2011: Revenue of $206K, expenses of $73K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lee County Educational Foundation:
Data Sources and Methodology
This transparency report for Lee County Educational Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.