Civic Intelligence

Luc Gates Foundation Lise Gates

990EZ • Fiscal year 2019 • EIN 04-3377424

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 20, 2020

Organization ProfileN/A
2443 Sampsonville RoadEnosburg Falls, VT 05450

(802) 933-2030

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

51st percentile

2.5%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

89th percentile

68%

Faster revenue growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$144,690

Up $3,565 (+2.5%) from 2018

Net Assets

Up

$144,593

Up $3,565 (+2.5%) from 2018

Liabilities

Flat

$97

Flat from 2018

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin71st percentile

Revenue

Up

$22,368

Up $9,038 (+68%) from 2018

Expenses

Down

$18,803

Down $11,520 (-38%) from 2018

Net Income

Up

$3,565

Up $20,558 (+121%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $106,669Liabilities 2011: $02011Assets 2012: $127,048Liabilities 2012: $02012Assets 2013: $142,911Liabilities 2013: $02013Assets 2014: $152,360Liabilities 2014: $0Net Assets 2014: $152,3602014Assets 2015: $164,838Liabilities 2015: $0Net Assets 2015: $164,8382015Assets 2016: $162,289Liabilities 2016: $0Net Assets 2016: $162,2892016Assets 2017: $158,118Liabilities 2017: $97Net Assets 2017: $158,0212017Assets 2018: $141,125Liabilities 2018: $97Net Assets 2018: $141,0282018Assets 2019: $144,690Liabilities 2019: $97Net Assets 2019: $144,5932019Assets 2020: $148,281Liabilities 2020: $97Net Assets 2020: $148,1842020Assets 2021: $168,491Liabilities 2021: $97Net Assets 2021: $168,3942021Assets 2022: $176,875Liabilities 2022: $97Net Assets 2022: $176,7782022Assets 2023: $168,039Liabilities 2023: $97Net Assets 2023: $167,9422023Assets 2024: $173,478Liabilities 2024: $97Net Assets 2024: $173,3812024

Highlighted filing

2019

Assets$144,690
Liabilities$97
Net Assets$144,593
Open 2019 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$20K$0-$20KRevenue 2011: $28,319Expenses 2011: $17,628Net Income 2011: $10,6912011Revenue 2012: $32,699Expenses 2012: $12,320Net Income 2012: $20,3792012Revenue 2013: $34,660Expenses 2013: $18,797Net Income 2013: $15,8632013Revenue 2014: $29,848Expenses 2014: $20,399Net Income 2014: $9,4492014Revenue 2015: $33,751Expenses 2015: $21,273Net Income 2015: $12,4782015Revenue 2016: $11,124Expenses 2016: $13,673Net Income 2016: -$2,5492016Revenue 2017: $19,112Expenses 2017: $23,380Net Income 2017: -$4,2682017Revenue 2018: $13,330Expenses 2018: $30,323Net Income 2018: -$16,9932018Revenue 2019: $22,368Expenses 2019: $18,803Net Income 2019: $3,5652019Revenue 2020: $14,385Expenses 2020: $10,794Net Income 2020: $3,5912020Revenue 2021: $24,279Expenses 2021: $4,069Net Income 2021: $20,2102021Revenue 2022: $21,744Expenses 2022: $13,360Net Income 2022: $8,3842022Revenue 2023: -$3,244Expenses 2023: $5,592Net Income 2023: -$8,8362023Revenue 2024: $21,734Expenses 2024: $16,295Net Income 2024: $5,4392024

Highlighted filing

2019

Revenue$22,368
Expenses$18,803
Net Income$3,565
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 20, 2020
Return Version
2019v5.0
Gross Receipts
$46,179
Mission and Program Overview

Mission

To raise money for college scholarships and to contribute to other non-profit organizations.

Program Services

DescriptionGrantsExpenses
TO RAISE MONEY FOR COLLEGE SCHOLARSHIPS AND OTHER NON-PROFIT ORGANIZATIONS.$18,421$18,803
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM STETSONPresident-$0--
JAY NICHOLSVice-Preside-$0--
JASON BAPPTreasurer-$0--
GABRIEL DESAUTELSSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$42,545$42,545$23,811$18,734
Total Events$42,545$42,545$23,811$18,734
Filing and Contact Details

Filer

Filer Name
Luc Gates Foundation
EIN
04-3377424
Address
2443 SAMPSONVILLE ROAD, ENOSBURG FALLS, VT 05450

Signing Officer

Name
Tim Stetson
Title
President
Signed
2020-10-20

Preparer

Firm
Kittell Branagan & Sargent
Address
154 N MAIN ST, ST ALBANS, VT 05478
Preparer
Dana Kittell CPA
Phone
8025249531
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Other income 847 total 847”

Form 990-ez, Part I, Line 16

“Expenses investment expenses 382 total 382”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 97 97”

Form 990-ez, Part III

“To raise money for college scholarships and to contribute to other non-profit organizations.”

Raw XML Appendix171 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LISE GATES
IRS990EZ/BooksInCareOfDetail/PhoneNum08029332030
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02443 SAMPSONVILLE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ENOSBURG FALLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005450
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0141125
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0144690
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03565
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0141125
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0144690
IRS990EZ/FundraisingGrossIncomeAmt042545
IRS990EZ/GainOrLossFromSaleOfAssetsAmt01635
IRS990EZ/GrantsAndSimilarAmountsPaidAmt018421
IRS990EZ/GrossReceiptsAmt046179
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01152
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0141028
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0144593
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0141028
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0144593
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM STETSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAY NICHOLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JASON BAPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GABRIEL DESAUTELS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0382
IRS990EZ/OtherRevenueTotalAmt0847
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO RAISE MONEY FOR COLLEGE SCHOLARSHIPS AND TO CONTRIBUTE TO OTHER NON-PROFIT ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO RAISE MONEY FOR COLLEGE SCHOLARSHIPS AND OTHER NON-PROFIT ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt018421
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018803
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt01635
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt023811
IRS990EZ/SpecialEventsNetIncomeLossAmt018734
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt097
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt097
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018803
IRS990EZ/TotalProgramServiceExpensesAmt018803
IRS990EZ/TotalRevenueAmt022368
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01780
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01152
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0971
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01676
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05478
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt043392
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt032463
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt042416
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt032178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt051881
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0202330
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01676
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05478
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97390
IRS990ScheduleA/PublicSupportPY509Pct00.97870
IRS990ScheduleA/PublicSupportTotal509Amt0204110
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt043392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt032463
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt042416
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt032178
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053661
IRS990ScheduleA/Total509Grp/TotalAmt0204110
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt044544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt033434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt044092
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt033488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt054030
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0209588
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt023811
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt042545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt042545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt042545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt042545
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018734
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt023811
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt023811
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME 847 TOTAL 847
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INVESTMENT EXPENSES 382 TOTAL 382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 97 97
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO RAISE MONEY FOR COLLEGE SCHOLARSHIPS AND TO CONTRIBUTE TO OTHER NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM STETSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUC GATES FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LISE GATES
ReturnHeader/Filer/BusinessNameControlTxt0LUCG
ReturnHeader/Filer/EIN0043377424
ReturnHeader/Filer/USAddress/AddressLine1Txt02443 SAMPSONVILLE ROAD
ReturnHeader/Filer/USAddress/CityNm0ENOSBURG FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005450
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0664F060A2189D291EA2AA352EB98EE0FCF85304A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07B115758C07661742B3A4366E9445DF58F8B1F11
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.169.148.142
ReturnHeader/FilingSecurityInformation/IPDt02020-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:38:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030302296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KITTELL BRANAGAN & SARGENT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0154 N MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST ALBANS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005478
ReturnHeader/PreparerPersonGrp/PhoneNum08025249531
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANA KITTELL CPA
ReturnHeader/ReturnTs02020-10-30T08:38:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$144,690
Liabilities
$97
Net assets
$144,593
Revenue
$22,368
Expenses
$18,803
Net income
$3,565
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.22$0.16$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$0.03$0.06$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.22$0.13$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$0.24$0.04$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.14$0.11$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.22$0.19$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.13$0.30$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.19$0.23$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.11$0.14$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.34$0.21$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.30$0.20$0.09
2013Summary only. Only limited summary data is available for this year.$1.43$0.00$0.35$0.19$0.16
2012Summary only. Only limited summary data is available for this year.$1.27$0.00$0.33$0.12$0.20
2011Summary only. Only limited summary data is available for this year.$1.07$0.00$0.28$0.18$0.11