LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION

EIN: 571025465 501(c)(3) Philanthropy & Grantmaking

LEXINGTON, SC

Total Revenue
$251,534
Total Expenses
$352,478
Total Assets
$1,967,264
Net Assets
$1,955,322
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
SC
Phone
8038211180
Tax Period
2024-07-01 to 2025-06-30

LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $252K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $352K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE MISSION OF THE LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION IS TO SUPPORT THE EDUCATIONAL PROCESS AND ENRICH THE QUALITY OF LIFE IN OUR COMMUNITY BY RAISING AND MANAGING FUNDS.

Program Service Accomplishments

Program 1
Expenses: $47,162

LEAP ASSISTANCE - FUNDS USED FROM THE LEXINGTON EMERGENCY ASSISTANCE PROGRAM ARE DESIGNATED TO A LEAP CRISIS FUND THAT OFFERS FINANCIAL AND/OR IN-KIND SERVICES TO LEXINGTON SCHOOL DISTRICT ONE...

Read more

LEAP ASSISTANCE - FUNDS USED FROM THE LEXINGTON EMERGENCY ASSISTANCE PROGRAM ARE DESIGNATED TO A LEAP CRISIS FUND THAT OFFERS FINANCIAL AND/OR IN-KIND SERVICES TO LEXINGTON SCHOOL DISTRICT ONE PERMANENT FULL-TIME EMPLOYEES, PERMANENT PART-TIME EMPLOYEES (NOT TO INCLUDE SUBSTITUTES), AND LEXINGTON ONE STUDENTS TO ASSIST THEM DURING A CRISIS SUCH AS A SERIOUS ILLNESS, NATURAL DISASTER OR FINANCIAL HARDSHIP. THE CRISIS MUST HAVE OCCURRED WITHIN THE LAST 90 DAYS. SERVICES APPROVED AND PAID FOR THROUGH THESE RESTRICTED FUNDS COULD INCLUDE MEDICAL BILLS, UTILITIES, FOOD, CLOTHING, AND OTHER EXPENSES ON THE APPROVED LIST. LEAP PAYS FUNDS DIRECTLY TO THE PLACE OF BUSINESS (I.E., DIRECTLY TO THE HOSPITAL FOR COVERING A PATIENT'S MEDICAL BILLS) OR MAKES AWARDS IN THE FORM OF GIFT CARDS (I.E., GROCERIES) AND WILL NOT AWARD CASH DIRECTLY TO AN APPROVED INDIVIDUAL RECIPIENT. FOR THE 2024-2025 FISCAL YEAR, LEAP FUNDS EXCLUDE ANY PAYMENTS FOR HOUSING INSURANCE, VEHICLE PURCHASES/VEHICLE INSURANCE, AND SECURITY DEPOSITS. ALSO, WORKER'S COMPENSATION RECIPIENTS ARE INELIGIBLE FOR ASSISTANCE. IN ADDITION, LEAP PROVIDED NEED-BASED INTERNATIONAL TEACHER GRANTS.

Program 2
Expenses: $34,500

FOUNDATION SCHOLARSHIPS EACH HAVE SEPARATE APPLICATIONS AND CRITERIA, BUT ALL FUND EDUCATIONAL EXPENSES FOR THE RECIPIENTS THAT MAY COVER HIGHER EDUCATION EXPENSES LIKE TUITION, ROOM, BOARD, OR...

Read more

FOUNDATION SCHOLARSHIPS EACH HAVE SEPARATE APPLICATIONS AND CRITERIA, BUT ALL FUND EDUCATIONAL EXPENSES FOR THE RECIPIENTS THAT MAY COVER HIGHER EDUCATION EXPENSES LIKE TUITION, ROOM, BOARD, OR BOOKS. CHECKS ARE WRITTEN TO STUDENT'S CHOICE COLLEGE OR UNIVERSITY AND TO THE STUDENT, SO THAT THE HIGHER EDUCATION INSTITUTION MUST CREDIT THE SCHOLARSHIP AWARD TO THE STUDENT'S COLLEGE EXPENSES. SCHOLARSHIPS OF $16,500 WERE AWARDED FOR FISCAL YEAR 2025. HIGHER EDUCATION SUPPORT GRANTS ARE AWARDED ANNUALLY TO LEXINGTON COUNTY SCHOOL DISTRICT ONE POVERTY-STRICKEN SENIORS WHO ARE PURSUING COLLEGE AND NEED FINANCIAL ASSISTANCE WITH THE PURCHASE OF TYPICAL COLLEGE EXPENSES FOR THEIR DORM ROOMS AND/OR TUITION. STUDENTS MUST COMPLETE AN APPLICATION, INCLUDING DETAILS OF THEIR FINANCIAL SITUATION, AND BE SELECTED BY A GRANT COMMITTEE TO RECEIVE A GRANT THAT CAN PURCHASE ITEMS LIKE SHEET SETS, COMFORTER, TOWELS, PILLOW, DESK LAMP, LAPTOP, AND OTHER NEEDED ITEMS TO HELP ENSURE SUCCESS IN THEIR FUTURE PURSUITS OF HIGHER EDUCATION. TWENTY-FOUR RECIPIENTS OF HIGHER EDUCATION SUPPORT GRANTS OF $1,000 MAX, TOTALING $18,000, WERE AWARDED FOR FISCAL YEAR 2025.

Program 3
Expenses: $187,042

IN 2024-2025, FUNDS PROVIDED GRANTS FOR VIRTUAL & AUGMENTED REALITY INSTRUCTIONAL TOOLS FOR 3RD-5TH GRADERS TO EXPLORE SCIENCE & SOCIAL STUDIES CONCEPTS; OZOBOTS FOR STUDENTS TO EXPLORE CODING VIA...

Read more

IN 2024-2025, FUNDS PROVIDED GRANTS FOR VIRTUAL & AUGMENTED REALITY INSTRUCTIONAL TOOLS FOR 3RD-5TH GRADERS TO EXPLORE SCIENCE & SOCIAL STUDIES CONCEPTS; OZOBOTS FOR STUDENTS TO EXPLORE CODING VIA HANDS-ON LEARNING; DIGI-BLOCKS FOR 1ST-3RD GRADE CLASSES TO DEVELOP MATH SKILLS AND UNDERSTAND PLACE Value; GAMES TO DEVELOP CRITICAL REASONING , VERBAL, NON-VERBAL AND QUATITATIVE SKILLS. ROBOTICS TEAM GRANTS WERE PROVIDED TO A NUMBER OF MIDDLE AND HIGH SCHOOLS TO FUND THE EXPENSES OF ROBOTICS TEAMS COMPETITION. THESE GRANTS SUPPORT EDUCATION THROUGH PROVIDING STUDENTS WITH OPPORTUNITIES TO APPLY S.T.E.M. LEARNING TO REAL LIFE SITUATIONS AND COMPETITIONS WITH OTHER SCHOOLS. THE GRANT PROVIDED FOR A TOTAL OF $10,000 TO BE DISBURSED AMONG PARTICIPATING SCHOOLS. MICHELIN GOLDEN APPLE TEACHER GRANTS PROVIDE GRANTS UP TO $250 EACH TO TEACHERS TO FUND CLASSROOM NEEDS THAT WOULD NOT BE AVAILABLE OTHERWISE AND ENHANCE CREATIVITY AND LEARNING. EXAMPLES OF PROJECTS FUNDED INCLUDED GROWING PLANTS TO TEACH SCIENCE AND LIFE SKILLS TO STUDENTS; STEM KITS FOR TEACHING SCIENCE & ENGINEERING CONCEPTS; INSTRUCTIONAL SUPPLIES TO ENHANCE 6TH GRADE MATH CONCEPTS; BALL LAUNCHERS TO TEACH MOTION AND ROBOTICS CODING; GAMES TO DELVEOP MATH CONCEPTS; AND MORE. FOUNDATION AWARDED $4901.49 IN MICHELIN GOLDEN APPLE TEACHER GRANTS FOR FISCAL YEAR 2025. THE FOUNDATION PROVIDED ADDITIONAL ASSISTANCE TO LEXINGTON COUNTY SCHOOL DISTRICT ONE FOR VARIOUS PROGRAMS INCLUDING $14,725 FOR A NEW MECHATRONICS PROGRAM AT LTC; $8,537 IN INTERNATIONAL TEACHER GRANTS; $11,081 IN CARING HEARTS GRANTS, AND $7,152 IN HELPING HANDS GRANTS TO SCHOOLS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $249,743
Program Service Revenue $0
Investment Income $14,511
Other Revenue $-12,720
TOTAL REVENUE $251,534

Expense Breakdown

Grants Paid $210,755
Salaries & Benefits $104,343
Fundraising Expenses $0
Program Expenses $294,504
Other Expenses $37,380
TOTAL EXPENSES $352,478

Year-over-Year Comparison

2024 2023 Change
Revenue $251,534 $325,418 -0.2%
Expenses $352,478 $295,945 +0.2%
Net Income $-100,944 $29,473 -4.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
125

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
5
$84,813
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIDGET WINSTON CHAIR 1.5
Officer Director
$0 $0 $0
KATRINA BRYANT VICE-CHAIR 1.5
Officer Director
$0 $0 $0
LISA PHILLIPS IMMEDIATE PAST CHAIR 1.5
Officer Director
$0 $0 $0
RANDALL COOPER SECRETARY/TREASURER 1.5
Officer Director
$0 $0 $0
ANGELA DOUDA BOARD MEMBER 0.5
Director
$0 $0 $0
Brandi Keefer BOARD MEMBER 0.5
Director
$0 $0 $0
Cheryl Bartolotti BOARD MEMBER 0.5
Director
$0 $0 $0
DR Scarlet Taylor BOARD MEMBER 0.5
Director
$0 $0 $0
HARRIET COKER BOARD MEMBER 0.5
Director
$0 $0 $0
Jacqueline Kaminer BOARD MEMBER 0.5
Director
$0 $0 $0
JENNIFER WHITE BOARD MEMBER 0.5
Director
$0 $0 $0
Julie Bartels BOARD MEMBER 0.5
Director
$0 $0 $0
LAMYRON JENKINS BOARD MEMBER 0.5
Director
$0 $0 $0
MELISSA MOORE BOARD MEMBER 0.5
Director
$0 $0 $0
MICHAEL BOONE BOARD MEMBER 0.5
Director
$0 $0 $0
MICHELLE WHITE BOARD MEMBER 0.5
Director
$0 $0 $0
REBECCA WEST BOARD MEMBER 0.5
Director
$0 $0 $0
ROD DOOLEY JR BOARD MEMBER 0.5
Director
$0 $0 $0
T DAVID CHAO BOARD MEMBER 0.5
Director
$0 $0 $0
Willard Salley BOARD MEMBER 0.5
Director
$0 $0 $0
JULIE WASHBURN EXECUTIVE DIRECTOR 40.0
Officer
$0 $0 $84,813
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
2025 $251,534 $352,478 $1,967,264 $-100,944
2024 No data No data No data No data
2023 $414,015 $334,595 $1,580,990 $79,420
2022 $450,087 $390,923 $1,380,606 $59,164
2021 $290,973 $304,557 $1,633,490 $-13,584
2020 $335,438 $408,025 $1,406,333 $-72,587
2019 $330,044 $303,372 $1,424,221 $26,672
2018 $338,479 $263,110 $1,412,012 $75,369
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LEXINGTON COUNTY SCHOOL DISTRICT ONE EDUCATIONAL FOUNDATION with other nonprofits in South Carolina and across the country.