Grambling High Foundation dba Lincoln Preparatory School

EIN: 205690042 501(c)(3) Education

Grambling, LA

Total Revenue
$13,090,326
Total Expenses
$14,330,107
Total Assets
$52,553,144
Net Assets
$4,162,824
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
LA
Tax Period
2023-07-01 to 2024-06-30

Grambling High Foundation dba Lincoln Preparatory School, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $13.1M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

The primary activity of the Grambling High Foundation is to provide fundraising and financial support to Grambling Laboratory Schools for the benefit of the State funded public school. The Foundation has successfully completed the state charter application process and is now the operator of the Lincoln Preparatory School.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,634,432
Program Service Revenue $9,761,125
Investment Income $694,769
Other Revenue $0
TOTAL REVENUE $13,090,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,661,809
Fundraising Expenses $0
Program Expenses $11,170,717
Other Expenses $6,668,298
TOTAL EXPENSES $14,330,107

Year-over-Year Comparison

2023 2022 Change
Revenue $13,090,326 $15,630,713 -0.2%
Expenses $14,330,107 $12,594,449 +0.1%
Net Income $-1,239,781 $3,036,264 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
200
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$182,681
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gordan D Ford Exec. Director 40.00
Officer
$141,546 $41,135 $182,681
Robert Wiley President 0.00
Officer Director
$0 $0 $0
Clara Lewis Vice President 0.00
Officer Director
$0 $0 $0
Hollis H Downs Director 0.00
Director
$0 $0 $0
Barbara McIntyre Secretary/Treas 0.00
Officer Director
$0 $0 $0
Pamela Stewart Director 0.00
Director
$0 $0 $0
Eddie Robinson III Director 0.00
Director
$0 $0 $0
Elizabeth Smith Director 0.00
Director
$0 $0 $0
Daphne Gallot Director 0.00
Director
$0 $0 $0
Willie Washington Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,090,326 $14,330,107 $52,553,144 $-1,239,781
2023 $15,630,713 $12,594,449 $55,710,695 $3,036,264
2022 $11,923,300 $10,540,690 $36,491,619 $1,382,610
2021 $9,387,573 $8,079,445 $33,097,786 $1,308,128
2020 $6,490,876 $6,717,131 $1,520,674 $-226,255
2019 $6,071,025 $6,042,155 $853,313 $28,870
2018 $5,213,397 $5,146,861 $693,828 $66,536
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