Civic Intelligence

Lassid Ministries Inc

990EZ • Fiscal year 2015 • EIN 04-3698740

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 07, 2016

3975 N 68th Street Lower LevelMilwaukee, WI 53216

(414) 393-1325

Siviq Scores

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

Liabilities / Assets

69th percentile

0.04x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

1059%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

175%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$54,314

Up $49,626 (+1059%) from 2014

Net Assets

$52,338

No earlier filing loaded for comparison.

Liabilities

Up

$1,976

Up $1,976 from 2014

Revenue

Up

$142,125

Up $90,433 (+175%) from 2014

Expenses

Up

$94,475

Up $43,989 (+87%) from 2014

Net Income

Up

$47,650

Up $46,444 (+3851%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $4,688Liabilities 2014: $02014Assets 2015: $54,314Liabilities 2015: $1,976Net Assets 2015: $52,3382015Assets 2016: $39,775Liabilities 2016: $0Net Assets 2016: $39,7752016Assets 2017: $120,200Liabilities 2017: $0Net Assets 2017: $120,2002017Assets 2018: $71,414Liabilities 2018: $0Net Assets 2018: $71,4142018Assets 2019: $57,725Liabilities 2019: $0Net Assets 2019: $57,7252019Assets 2020: $45,734Liabilities 2020: $0Net Assets 2020: $45,7342020Assets 2021: $120,553Liabilities 2021: $5,567Net Assets 2021: $114,9862021Assets 2022: $239,416Liabilities 2022: $159,650Net Assets 2022: $79,7662022Assets 2023: $113,962Liabilities 2023: $44,691Net Assets 2023: $69,2712023Assets 2024: $567,346Liabilities 2024: $467,832Net Assets 2024: $99,5142024

Highlighted filing

2015

Assets$54,314
Liabilities$1,976
Net Assets$52,338

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $51,692Expenses 2014: $50,486Net Income 2014: $1,2062014Revenue 2015: $142,125Expenses 2015: $94,475Net Income 2015: $47,6502015Revenue 2016: $151,660Expenses 2016: $164,223Net Income 2016: -$12,5632016Revenue 2017: $242,230Expenses 2017: $161,805Net Income 2017: $80,4252017Revenue 2018: $181,581Expenses 2018: $230,277Net Income 2018: -$48,6962018Revenue 2019: $277,279Expenses 2019: $290,968Net Income 2019: -$13,6892019Revenue 2020: $465,349Expenses 2020: $477,340Net Income 2020: -$11,9912020Revenue 2021: $539,899Expenses 2021: $523,181Net Income 2021: $16,7182021Revenue 2022: $590,307Expenses 2022: $625,527Net Income 2022: -$35,2202022Revenue 2023: $508,388Expenses 2023: $518,883Net Income 2023: -$10,4952023Revenue 2024: $605,476Expenses 2024: $580,098Net Income 2024: $25,3782024

Highlighted filing

2015

Revenue$142,125
Expenses$94,475
Net Income$47,650
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 7, 2016
Return Version
2015v2.0
Gross Receipts
$150,209
Mission and Program Overview

Mission

Provide services to men and women rebuilding their lives after trauma with an emphasis on the formerly incarcerated and human trafficking survivors by administering resources with the goal of deterring re-incarceration or repetition of destructive behaviors

The Convergence Resource Center (CRC) is a not-for-profit, 501(C) 3 faith based, community organization, established in April 2004. CRCs founders have over 25 years experience in prison ministry teaching Bible studies, conducting Sunday morning and evening worship services, and coordinating retreats and seminars.The CRC was birth out of a cry from the women at Robert E. Ellsworth Correctional Center. They wanted to make sure they lived the lives they had committed to while incarcerated. We count it a privilege to come along side them in this venture.

Program Services

DescriptionGrantsExpenses
The Convergence Resource Center provides direct services and support to Human Trafficking Survivors. Approximately 38 women disclosed to us in 2015 and we provided different levels of support. Forty (40) Presentations/Trainings including, but not limited to: The State of WI Mental Health Training, 2015 Restorative Justice Conference(Marquette Law School), New Horizons for girls (Sheboygan), Anti Trafficking Coalition of Sheboygan County. Training for all women in the area of Job Readiness and Prevention providing support services to help women rebuild their lives after trauma as they re-enter the workforce. Support includes, but is not limited to One on One Mentoring. AODA support, Parenting Support, Individual and Group Spiritual Support, Softskills and Basic Computer training. Convergence launched PINNACLE Men's services to provide support services for men. Issues being addressed are being better fathers, improving your health and spiritual support upon request. A men's support group meets weekly.$89,611-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Thelma NewbyChairpersonPT$0--
Selenia MorseCo-ChairpersonPT$0--
KELLY KNAPPTreasurerPT$0--
Damion ForrestBoard Member-$0--
Shirley MallettBoard Member-$0--
Beverly TaylorBoard MemberPT$0--
Dr Debbie LassiterCEOPT$0--
Carla McKiverCFOPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Banquet$17,844$17,844$7,764$10,080
Total Events$17,844$17,844$7,764$10,080
Filing and Contact Details

Filer

Filer Name
Lassid Ministries Inc
EIN
04-3698740
Phone
4143931325
Address
3975 N 68TH STREET LOWER LEVEL, MILWAUKEE, WI 53216

Signing Officer

Name
Dr Debbie Lassiter
Title
CEO
Signed
2016-07-07
Discuss with paid preparer
Yes

Preparer

Firm
Ritz Holman LLP
Address
330 E Kilbourn Ste 550, Milwaukee, WI 53202-3144
Preparer
Andrew C Holman
Phone
4142711451
Supplemental Narrative

Additional Explanations

Other Revenue.1

MISCELLANEOUS $43

Grants and Similar Amounts Paid In Excess of $5,000.1

| Cash Amount Given: $19578

Other Expenses.1001

Advertising and Promotion $2858

Other Expenses.1002

Office Expenses $24505

Other Expenses.1005

Travel $197

Other Expenses.1007

Conferences, Conventions, and Meetings $1191

Other Expenses.1008

Interest $1417

Other Expenses.1012

Insurance $232

Other Expenses.1

TELEPHONE $4764

Other Expenses.2

Meals and entertainment $3450

Other Expenses.3

SYNC PROGRAM $2866

Other Expenses.4

TITHES $2799

Other Expenses.5

MISCELLANEOUS $1272

Other Expenses.6

SOLACE SUPPORT $1211

Other Expenses.7

BADER $1000

Other Expenses.9

NATIONAL CHRISTIAN $400

Other Expenses.11

Equip rental & maintenance $209

Other Expenses.12

Survivor support services $208

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $2250

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1976

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

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IRS990EZ/PrimaryExemptPurposeTxt0The Convergence Resource Center (CRC) is a not-for-profit, 501(C) 3 faith based, community organization, established in April 2004. CRCs founders have over 25 years experience in prison ministry teaching Bible studies, conducting Sunday morning and evening worship services, and coordinating retreats and seminars.The CRC was birth out of a cry from the women at Robert E. Ellsworth Correctional Center. They wanted to make sure they lived the lives they had committed to while incarcerated. We count it a privilege to come along side them in this venture.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Cash Amount Given: $19578
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TITHES $2799
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MISCELLANEOUS $1272
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14BADER $1000
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dr Debbie Lassiter
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LASSID MINISTRIES INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0dba CONVERGENCE RESOURCE CENTER
ReturnHeader/Filer/BusinessNameControlTxt0LASS
ReturnHeader/Filer/EIN0043698740
ReturnHeader/Filer/PhoneNum04143931325
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ReturnHeader/Filer/USAddress/ZIPCd053216
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ritz Holman LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0330 E Kilbourn Ste 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milwaukee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0532023144
ReturnHeader/PreparerPersonGrp/PhoneNum04142711451
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW C HOLMAN
ReturnHeader/ReturnTs02016-07-12T10:19:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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