Laurelmead Employee Education Fundaka Leef
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ACTIVITIES INCLUDE RAISING FUNDS BY SOLICITING CONTRIBUTIONS FROM RESIDENTS AT LAURELMEAD COOPERATIVE, INC. (LAURELMEAD), AND IN THE VICINITY OF LAURELMEAD. APPLICATIONS FOR SCHOLARSHIPS OR GRANTS ARE INVITED FROM EMPLOYEES OF LAURELMEAD AND THEIR CHILDREN. A SELECTION COMMITTEE CONSISTING OF AT LEAST THREE PERSONS APPOINTED BY THE LEEF DIRECTORS THEN EVALUATE THE APPLICATIONS AND MAKES THE SCHOLARSHIPS GRANTS TO THE APPLICANTS IT FINDS BEST QUALIFIED FROM FUNDS MADE AVAILABLE FOR THAT PURPOSE. MEMBERS OF THE SELECTION COMMITTEE MUST BE INDEPENDENT OF LAURELMEAD AND LEEF, HAVE KNOWLEDGE AND/OR EXPERIENCE IN THE EDUCATION FIELD, AND BE GUIDED ONLY BY OBJECTIVE CRITERIA. GRANTS MAY NOT BE MADE TO BENEFIT LAURELMEAD, SUCH AS FOR RECRUITMENT OF NEW EMPLOYEES, RETENTION OF EXISTING EMPLOYEES OR TO COMPENSATE OR REWARD EMPLOYEES. ACTIVITIES ARE CONDUCTED AT LAURELMEAD AND ITS VICINITY AND THERE MAY BE PERIODIC FUND DRIVES AND APPLICATION PERIODS DESIGNATED IN EACH CALENDAR YEAR.
- Income
- $68,195
- Spending
- $55,653
- Reserves
- 29.5 months of spending
- Largest source of income
- donations and private grants, 81%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 29.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $53,000 spent. THE FUND PROVIDES SCHOLARSHIPS TO ASSIST EMPLOYEES OF LAURELMEAD COOPERATIVE, INC. AND/OR THEIR CHILDREN IN PURSUIT OF EDUCATION (INCLUDING CONTINUING EDUCATION) WHETHER IT BE TECHNICAL OR ACADEMIC.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.