Lts Educational Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE CAREER FOCUSED TRAINING THAT DEVELOPS AND ENHANCES STUDENTS' MARKETABLE SKILLS.
- Income
- $96,892
- Spending
- $148,581
- Spent on programs
- 73%
- Reserves
- Over 10 years of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $4,862, president
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 47% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
0 of 15Spending exceeded income by 53% of income.
Spending floor
15 of 1573% of spending went to programs.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 83% of charities in its peer group (education, under $250k).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 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)
- $108,220 spent. THE CORPORATION OFFERS TRAINING PROGRAMS THAT PREPARE STUDENTS FOR REAL CAREERS IN REAL-WORLD SETTINGS FROM DOCTOR'S OFFICES TO DENTAL CLINICS AND ANIMAL HOSPITALS. THEIR COURSE CURRICULUM MEETS THE NEEDS OF EMPLOYERS AND CERTIFICATION STANDARDS, SO STUDENTS GRADUATE READY TO ENTER THE WORKFORCE WITH CONFIDENCE. THEIR SMALL CLASS SIZES, PERSONALIZED INSTRUCTION, AND SUPPORTIVE CAMPUS CULTURE GIVE STUDENTS THE ATTENTION AND TRAINING THEY DESERVE. THE CORPORATION MAINTAINS STRONG RELATIONSHIPS WITH LOCAL EMPLOYERS AND COMMUNITY PARTNERS. THESE CONNECTIONS HELP THEM PROVIDE MEANINGFUL EXTERNSHIP OPPORTUNITIES AND KEEP THEIR PROGRAMS ALIGNED WITH REAL-WORLD DEMANDS.
Source: Form 990 for the year ending August 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 August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in January 2026. It is too new to have a track record.
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.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Educational Foundation Inc (Chapel Hill, NC), EIN 56-6058412. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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.