The Lincoln Academy
The Lincoln Academy reported $12.2 million in revenue and $13.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.65 went to program services, $18.35 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.0% of the total. Government grants made up 83.7%. The highest compensation it reported for one person was $400,257 (CHIEF EXECUTIVE OFFICER). 9 people received more than $100,000 in reportable compensation. Revenue fell 65% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 83.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $400,257 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.97% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 9 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 41.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Lincoln Academy educated over 700 scholars during the fourth educational school year 2024-25. Our three pillars of academic rigor, character development and career exploration came to life. Our scholars achieved strong academic growth by evidence of spring map results. Career explorations had a 99% of completed zello career curriculum lessons, 100% of scholars in 8th and 12th grade presented their individualized learning plan, nine dual credit and 175 business partnerships supported career exploration and 3250 service learning hours were logged by scholars
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $337,282 | $0 | $62,975 | $400,257 |
| CHIEF INSTRUCTION OFFICER Highest compensated employee, 40.00 hrs/week | $163,700 | $0 | $42,790 | $206,490 |
| DIR. TECHNOLOGY Highest compensated employee, 40.00 hrs/week | $124,450 | $0 | $34,621 | $159,071 |
| DIRECTOR OF SCHOLAR SERVICE Highest compensated employee, 40.00 hrs/week | $123,933 | $0 | $33,102 | $157,035 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $112,216 | $0 | $41,318 | $153,534 |
| TEACHER Highest compensated employee, 33.00 hrs/week | $123,486 | $0 | $16,481 | $139,967 |
9 people received more than $100,000 in reportable compensation from The Lincoln Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $336K (Part IX, line 5).
6 filings since FY2020 (8 mo.)
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5133
- Volunteers Part I, line 69
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CORPORATE CONTRACTORS Construction | $757,019 |
| DURHAM SCHOOL SERVICES Transportation of scholars | $464,497 |
| A'VIANDS LLC Food service contract | $348,197 |
| KLEENMARK SERVICE CORP Cleaning contract | $140,016 |
| CDW GOVERNMENT Technology for building | $135,825 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to The Lincoln Academy totaling $1.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Lincoln Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Lincoln Academy, you can publish a response that is linked from this page.
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Of every $100 The Lincoln Academy spent in FY2025, $81.65 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Lincoln Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, The Lincoln Academy reported that 81.7% of its $13.5 million in expenses went to program services, 18.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Lincoln Academy pay its top executive?
The largest total compensation The Lincoln Academy reported for one person in the fiscal year ending June 30, 2025 was $400,257, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Lincoln Academy get its money?
Of $12.2 million in revenue in the fiscal year ending June 30, 2025, 99.0% came from contributions and grants (including 83.7% from government grants) and 0.5% from program service revenue (Form 990, Part VIII).
Is The Lincoln Academy a registered charity?
The IRS lists EIN 84-3568463 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630919349300843 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521289349300347 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400509349301150 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301239349301305 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349303509 · read the filing
- FY2020 (8 mo.): Form 990 for the 8-month short period ending June 30, 2020, object 202043239349301534 · read the filing
All filings for EIN 84-3568463: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.