FINANCIAL STATEMENTS

The Frankie Lemmon Foundation (“Foundation”) was established in 1987 for the sole purpose of supporting the Frankie Lemmon School and Developmental Center (“School”). Only a fraction of the School’s total operating costs are covered by State funding through the Wake County Public School System. Through fundraising events, corporate sponsorships and general contributions, the Foundation is able to provide the resources and financial support the School requires to meet the needs of the children. Five years of the most recent Form 990s for both the Foundation and the School are provided below.