FRANKIE LEMMON FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

FRANKIE LEMMON FOUNDATION INC

EIN 56-1572087 · Education (B00I)

What they do

THE FRANKIE LEMMON FOUNDATION WAS ESTABLISHED for THE PURPOSE of SUPPORTING THE FRANKIE LEMMON SCHOOL and DEVELOPMENTAL CENTER and LEMMON TREE ACADEMY. ONLY A PORTION of THE SCHOOLS TOTAL OPERATING COSTS ARE COVERED BY STATE FUNDING THROUGH THE WAKE COUNTY PUBLIC SCHOOL SYSTEM. THE FRANKIE LEMMON FOUNDATION, THROUGH ITS FUNDRAISING EFFORTS, PROVIDES MOST of THE FUNDS NEEDED to SUPPORT THE SCHOOLS. THE FOUNDATION is THE ORGANIZER of THE TRIANGLE WINE & FOOD EXPERIENCE, ONE of THE AREAS MOST SUCCESSFUL FUNDRAISING EVENTS. THE SUCCESS of THIS EVENT HAS BEEN THE CATALYST for LAYING THE GROUNDWORK to INCREASE THE NUMBER of CHILDREN SERVED BY THE FRANKIE LEMMON SCHOOL and DEVELOPMENTAL CENTER and LEMMON TREE ACADEMY. THE SCHOOLS ALSO SERVE TYPICALLY DEVELOPING CHILDREN WHO PAY TUITION to ATTEND.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

45.80%of revenue went to mission work68.7% of expenses · Program services

10.99%of revenue went to fundraising16.5% of expenses

$66.69spent for every $100 of revenueRevenue covered expenses this year.

9.90%of revenue went to management and office costs14.8% of expenses

$2.73in assets for every $1 spent this yearSome assets cannot be spent right away.

93.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $175,291 for MARSHA HARGETTE (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,777,593

Mission workProgram services$2,646,24445.80% of revenue68.7% of expenses

ManagementOffice and general costs$571,9319.90% of revenue14.8% of expenses

FundraisingAsking for donations$635,01810.99% of revenue16.5% of expenses

Revenue left after expensesReported annual surplus$1,924,40033.31% of revenueShown in gray on the chart

Total expenses$3,853,19366.69% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 68.7% mission · 14.8% management · 16.5% fundraisingTotal expenses: 66.69% of revenue

2023Expense mix: 69.3% mission · 14.2% management · 16.5% fundraisingTotal expenses: 92.06% of revenue

2022Expense mix: 66.2% mission · 11.9% management · 21.9% fundraisingTotal expenses: 82.00% of revenue

2021Expense mix: 53.9% mission · 16.9% management · 29.2% fundraisingTotal expenses: 56.57% of revenue

2020Expense mix: 61.3% mission · 12.9% management · 25.8% fundraisingTotal expenses: 94.94% of revenue

2019Expense mix: 69.0% mission · 10.6% management · 20.4% fundraisingTotal expenses: 114.36% of revenue

2018Expense mix: 72.4% mission · 9.4% management · 18.2% fundraisingTotal expenses: 83.40% of revenue

2017Expense mix: 68.8% mission · 11.6% management · 19.5% fundraisingTotal expenses: 64.37% of revenue

Money in and money out

Revenue$5,777,593

Expenses$3,853,193

Annual surplus $1,924,400 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,646,244 · 68.7% of expenses

Management and office costs$571,931 · 14.8% of expenses

Fundraising$635,018 · 16.5% of expenses

See all reported dollar amounts

Revenue$5,777,593

Expenses$3,853,193

Assets$10,538,293

Income$9,706,827

Contributions$5,417,726

Mission work (program services)$2,646,244

Fundraising$635,018

Grants given$15,190,246

Average grant$799,487

Management and general$571,931

Executive compensation (total)$219,447

Stocks and bonds$6,204,445

Investing fees$55,943

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARSHA HARGETTEEXECUTIVE DIRECTOR · 30 hrs/week $175,291Base $167,824 · Other $7,467

PETE EKENSTIERNAFINANGE MANAGER · 30 hrs/week $96,497Base $92,677 · Other $3,820

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

MARSHA HARGETTEEXECUTIVE DIRECTOR

PETE EKENSTIERNAFINANGE MANAGER

JUDGE VINCE ROZIERBOARD MEMBER

TREY BAILEYSECRETARY

PAUL WARRENBOARD MEMBER

PAUL HARTBOARD MEMBER

MIKE NICHOLSBOARD MEMBER

MICHAEL THOMASBOARD MEMBER

MEREDITH KEYESTREASURER/ FINANCE COMMITT

MATT ARNOLDBOARD MEMBER

MARTHA DERBYSHIREVICE CHAIR

LEE PRYORBOARD MEMBER

ADAM DERBYSHIREBOARD MEMBER

JOE PATTERSONBOARD MEMBER

ETTA BUCKMANBOARD MEMBER

EMILY HODGESBOARD MEMBER

DR LILY ROGERS HARRISBOARD MEMBER

DOUG WARFBOARD MEMBER

DAVID CARRIERBOARD MEMBER

BARRY GARDNERBOARD MEMBER

ANGIE BUCHANANBOARD MEMBER

AMY BRITTBOARD MEMBER

ALAN HUGHESBOARD CHAIR

About this charity

Recognized since: January 1987
Location: 3101 POPLARWOOD COURT SUITE 100, RALEIGH, NC 27604
County: Wake
In care of: MARSHA HARGETTE
Primary officer: MARSHA HARGETTE, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(919) 845-8880

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BLACKMAN & SLOOP ADVISORS INC
NTEE classification: Education (B00I)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes