LINCOLN SCHOOL FOUNDATION

EIN: 810493959 501(c)(3) Arts, Culture & Humanities

LIVINGSTON, MT

Total Revenue
$137,812
Total Expenses
$115,269
Total Assets
$333,462
Net Assets
$291,087
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
MT
Principal Officer
LUCAS SHAD
Phone
5127962851
Tax Period
2024-01-01 to 2024-12-31

LINCOLN SCHOOL FOUNDATION, founded in 1969, is a small nonprofit in the Arts, Culture & Humanities sector that reported $138K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $23K, a strong 16% operating margin.

Mission

THE ORGANIZATION PURCHASED A SURPLUS FORMER SCHOOL BUILDING IN 1994. THE ROOMS AND SPACES ARE RENTED OUT TO OTHER LOCAL NONPROFIT ORGANIZATIONS, SMALL BUSINESS STARTUPS AND ARTISTS AT AFFORDABLE RATES.THE OLD GYMNASIUM HAS BEEN REHABILITATED FOR USE AS A HOME FOR THE NONPROFIT BLITZKIEG WRESTLING CLUB FOR CHILDREN. THE AUDITORIUM HAS BEEN REFURBISHED FOR USE BY THE LOCAL COMMUNITY. LAND IN FRONT OF THE SCHOOL HAS BEEN CONVERTED TO SERVE AS A COMMUNITY GARDEN AND THE NONPROFIT FARM-TO-SCHOOL PROGRAM. GRANTS HAVE BEEN RECEIVED TO REPLACE OLD WINDOWS WITH ENERGY EFFICIENT AND HISTORICALLY APPROPRIATE REPLACEMENTS.IN 2021 A PROPERTY MANAGEMENT COMPANY WAS HIRED TO MAINTAIN PREMISES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,202
Program Service Revenue $132,610
Investment Income $0
Other Revenue $0
TOTAL REVENUE $137,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,368
Fundraising Expenses $0
Program Expenses $95,340
Other Expenses $109,901
TOTAL EXPENSES $115,269

Year-over-Year Comparison

2024 2023 Change
Revenue $137,812 $107,999 +0.3%
Expenses $115,269 $115,018 +0.0%
Net Income $22,543 $-7,019 -4.2%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
1
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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE DALY BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL DECHELLIS TREASURER 2.00
Officer Director
$0 $0 $0
MOLLY FLYNN-BERMAN BOARD MEMBER 2.00
Director
$0 $0 $0
MAX HJORTSBERG VICE CHAIR 2.00
Officer Director
$0 $0 $0
DEBORAH KIMBALL BOARD MEMBER 2.00
Director
$0 $0 $0
CARLY SCHOEN SECRETARY 2.00
Officer Director
$0 $0 $0
LUCAS SHAD CHAIR 2.00
Officer Director
$0 $0 $0
WYETH WINDHAM BOARD MEMBER 2.00
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
2025 No data No data No data No data
2024 $137,812 $115,269 $333,462 $22,543
2023 $107,999 $115,018 $311,633 $-7,019
2022 $108,695 $116,142 $318,638 $-7,447
2021 $102,885 $72,876 $325,964 $30,009
2020 $105,100 $92,938 $295,958 $12,162
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