LVHS Partners NFP

Overview

LVHS Partners NFP is a 501(c)(3) nonprofit organization categorized under educational institutions and related activities, specifically focused on single organization support[1]. It operates as a tax-exempt entity, allowing donations made to the organization to be tax deductible.

Financial Information

As of the fiscal year ending December 2022, LVHS Partners NFP reported a total of $28,984 in assets and no liabilities. The organization's revenue was primarily derived from contributions and net fundraising activities. Contributions accounted for 29.1% of the total revenue, while net fundraising accounted for 40.5%. Additionally, there were net inventory sales contributing 30% of the total revenue[1].

For the fiscal year ending December 2021, contributions were the dominant source of revenue, making up 97% of the total income. The total assets at that time were $38,498, with liabilities of $3,242[1].

In previous years, such as the fiscal year ending December 2020, contributions made up 73.8% of the revenue, and net inventory sales accounted for 26.2%. The organization had total assets of $71,908 with no liabilities[1].

Governance

The organization is managed by a group of officers who receive no compensation for their roles. Key personnel have included Amy Smolensky and Katherine Buitron Vera as Co-Presidents, Virginia Jones as Treasurer, and Dani Beaton as Social Media Chair in 2022[1]. In previous years, other notable officers included Esme Borrero as Secretary and Andrea Jacobs as Director[1].

Purpose and Operations

While specific details on the organization's mission or operational activities are not readily available, its classification as an educational institution suggests a focus on educational support or related community projects. Nonprofit organizations like LVHS Partners NFP play crucial roles in enhancing educational opportunities and fostering community engagement.

Conclusion

LVHS Partners NFP serves as a vital component of the educational landscape, leveraging its status as a 501(c)(3) organization to support educational endeavors through contributions and fundraising efforts.

[1] https://projects.propublica.org/nonprofits/organizations/471513830 [2] https://www.lehighvalleychamber.org/nonprofitbusinesspartnerscouncil.html [3] https://www.guidestar.org [4] https://www.nycon.org [5] https://dos.ny.gov/certificate-incorporation-domestic-not-profit-corporations-0