Civic Intelligence

Lucis Trust

990 • Fiscal year 2018 • EIN 13-1674445

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

866 United Nations Plaza No 482New York, NY 10017

(212) 292-0707

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$5,301,487

Flat from 2018

Net Assets

Flat

$2,633,341

Flat from 2018

Liabilities

Flat

$2,668,146

Flat from 2018

Revenue And Expenses

Revenue

Flat

$641,236

Flat from 2018

Expenses

Flat

$957,448

Flat from 2018

Net Income

Flat

-$316,212

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,602,239Liabilities 2011: $345,896Net Assets 2011: $1,256,3432011Assets 2012: $2,304,444Liabilities 2012: $359,798Net Assets 2012: $1,944,6452012Assets 2013: $2,380,178Liabilities 2013: $430,069Net Assets 2013: $1,950,1082013Assets 2014: $2,359,379Liabilities 2014: $6,416Net Assets 2014: $2,352,9632014Assets 2015: $2,272,379Liabilities 2015: $38,130Net Assets 2015: $2,234,2492015Assets 2016: $2,645,405Liabilities 2016: $59,634Net Assets 2016: $2,585,7712016Assets 2017: $2,898,703Liabilities 2017: $72,460Net Assets 2017: $2,826,2432017Assets 2018: $5,301,487Liabilities 2018: $2,668,146Net Assets 2018: $2,633,3412018Assets 2018: $5,301,487Liabilities 2018: $2,668,146Net Assets 2018: $2,633,3412018Assets 2019: $4,963,697Liabilities 2019: $2,617,489Net Assets 2019: $2,346,2082019Assets 2020: $4,569,196Liabilities 2020: $2,513,622Net Assets 2020: $2,055,5742020Assets 2021: $4,501,097Liabilities 2021: $2,400,910Net Assets 2021: $2,100,1872021Assets 2022: $4,139,236Liabilities 2022: $2,286,817Net Assets 2022: $1,852,4192022Assets 2023: $4,511,964Liabilities 2023: $2,040,225Net Assets 2023: $2,471,7392023Assets 2024: $4,320,448Liabilities 2024: $1,815,558Net Assets 2024: $2,504,8902024

Highlighted filing

2018

Assets$5,301,487
Liabilities$2,668,146
Net Assets$2,633,341

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $503,984Expenses 2011: $521,933Net Income 2011: -$17,9492011Revenue 2012: $1,210,376Expenses 2012: $522,068Net Income 2012: $688,3082012Revenue 2013: $689,301Expenses 2013: $683,838Net Income 2013: $5,4632013Revenue 2014: $816,847Expenses 2014: $875,850Net Income 2014: -$59,0032014Revenue 2015: $973,065Expenses 2015: $941,092Net Income 2015: $31,9732015Revenue 2016: $1,393,657Expenses 2016: $1,040,928Net Income 2016: $352,7292016Revenue 2017: $1,069,844Expenses 2017: $829,372Net Income 2017: $240,4722017Revenue 2018: $641,236Expenses 2018: $957,448Net Income 2018: -$316,2122018Revenue 2018: $641,236Expenses 2018: $957,448Net Income 2018: -$316,2122018Revenue 2019: $782,127Expenses 2019: $1,037,114Net Income 2019: -$254,9872019Revenue 2020: $712,629Expenses 2020: $884,223Net Income 2020: -$171,5942020Revenue 2021: $637,536Expenses 2021: $855,235Net Income 2021: -$217,6992021Revenue 2022: $731,110Expenses 2022: $844,812Net Income 2022: -$113,7022022Revenue 2023: $1,571,194Expenses 2023: $1,035,098Net Income 2023: $536,0962023Revenue 2024: $1,321,829Expenses 2024: $937,501Net Income 2024: $384,3282024

Highlighted filing

2018

Revenue$641,236
Expenses$957,448
Net Income-$316,212
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,229,219
Mission and Program Overview

Mission

The establishment of right human relations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$386,441$3,620,670▲ $3,234,229
Investments in Publicly Traded Securities$1,516,409$968,139▼ $548,270
Savings and Temporary Cash Investments-$213,726-
Cash and Non-Interest-Bearing Accounts$491,757$89,009▼ $402,748
Prepaid Expenses and Deferred Charges$157$5,509▲ $5,352
Accounts Receivable$93$382▲ $289
Total Assets$2,898,703$5,301,487▲ $2,402,784
Other Assets Total$503,846$404,052▼ $99,794
Liabilities
Mortgage Notes Payable Secured by Investment Property-$2,620,932-
Accounts Payable and Accrued Expenses$50,374$43,120▼ $7,254
Deferred Revenue$22,086$4,094▼ $17,992
Total Liabilities$72,460$2,668,146▲ $2,595,686
Net Assets / Fund Balance
Unrestricted Net Assets$2,549,873$2,633,341▲ $83,468
Temporarily Rstr Net Assets$276,370$0▼ $276,370
Total Net Assets Fund Balance$2,826,243$2,633,341▼ $192,902
Total Liabilities and Net Assets / Fund Balance$2,898,703$5,301,487▲ $2,402,784

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,608,926$127,713$3,736,639
Equipment$4,595$34,089$38,684
Other Land Buildings$7,149$7,930$15,079
Other Assets Org$404,052--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephen I NationSecretary/treasurerFT$7,000$7,000

Board Members and Trustees

NameTitle
Christine MorganPresident
Laurence NeweyVice President
Barbara ValocoreBoard Member
Derek FraserBoard Member
Mintze Van Der VeldeBoard Member
Peter H PeulerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$460,078
Program Service Revenue
$0
Investment Income
$181,158
Other Revenue
$0
All Other Contributions
$460,078
Change in Net Assets
$-316,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$611,673
Salaries, Compensation, and Employee Benefits$345,775
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$220,166$38,853-$259,019
Depreciation Depletion$118,812$13,200-$132,012
Office Expenses$99,479$17,684-$117,163
Interest$83,399$9,260-$92,659
Occupancy$54,228$6,909-$61,137
Other Employee Benefits$50,611$8,931-$59,542
Fees for Services Other$32,314$5,702-$38,016
Information Technology$32,230$5,688-$37,918
Payroll Taxes$17,182$3,032-$20,214
Other Expenses$13,801$2,435-$16,236
Fees for Service Investment Mgmnt Fees-$14,512-$14,512
Fees for Services Accounting-$12,000-$12,000
All Other Expenses-$11,063-$11,063
Insurance$8,379$1,479-$9,858
Fees for Services Legal-$8,703-$8,703
Current Officers, Directors, Trustees, and Key Employees$5,950$1,050-$7,000
Advertising$6,825--$6,825
Total Functional Expenses$788,912$168,536$0$957,448
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Stephen i. Nation, secretary/treasurer and barbara valocore, board member are married.

Form 990, Part VI, Section B, Line 11B

The 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final 990 (filed with the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended 990 will be filed.

Form 990, Part VI, Section B, Line 12C

The organization enforces the conflict of interest policy by monitoring known relationships, questionnaires, and noting any changes in disclosed information.

Form 990, Part VI, Section B, Line 15

This review includes researching guidestar, 990s, ny non-profit network annual salary survey, phone calls to other organizations to collect data, and periodically hires a compensation consultant, as needed.

Form 990, Part VI, Section C, Line 19

Financial statements are available on the organization's website, other documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lucis Trust and Arcane School
EIN
13-1674445
Phone
2122920707
Address
866 UNITED NATIONS PLAZA NO 482, NEW YORK, NY 10017

Signing Officer

Name
Stephen I Nation
Title
Treasurer
Phone
2122920707
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen I Nation
Formed
1922
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
6
Employees
10
Volunteers
0

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0213726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0460078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01069167
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01288516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0779795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0654743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04252299
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0181158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0677
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023757
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023382
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030613
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0259587
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73280
IRS990ScheduleA/PublicSupportPY170Pct00.77090
IRS990ScheduleA/PublicSupportTotal170Amt03306295
IRS990ScheduleA/SubstantialContributorsTotAmt0946004
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0460078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01069167
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01288516
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0779795
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0654743
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04252299
IRS990ScheduleA/TotalSupportAmt04511886
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03608926
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0127713
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03736639
IRS990ScheduleD/EquipmentGrp/BookValueAmt04595
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034089
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038684
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0404052
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RELATED PARTY RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07149
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07930
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015079
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03620670
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0404052
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STEPHEN I. NATION, SECRETARY/TREASURER AND BARBARA VALOCORE, BOARD MEMBER ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED 990 WILL BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS REVIEW INCLUDES RESEARCHING GUIDESTAR, 990S, NY NON-PROFIT NETWORK ANNUAL SALARY SURVEY, PHONE CALLS TO OTHER ORGANIZATIONS TO COLLECT DATA, AND PERIODICALLY HIRES A COMPENSATION CONSULTANT, AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0LUCIS TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LUCIS PUBLISHING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0131674444
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLISH AND SELL BOOKS OF LUCIS TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0120 WALL STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010005
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0276370
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02898703
IRS990/TotalAssetsEOYAmt05301487
IRS990/TotalAssetsGrp/BOYAmt02898703
IRS990/TotalAssetsGrp/EOYAmt05301487
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0460078
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168536
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0788912
IRS990/TotalFunctionalExpensesGrp/TotalAmt0957448
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt072460
IRS990/TotalLiabilitiesEOYAmt02668146
IRS990/TotalLiabilitiesGrp/BOYAmt072460
IRS990/TotalLiabilitiesGrp/EOYAmt02668146
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02826243

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.32$1.82$2.50$1.32$0.94$0.38
2023Detailed filing. Detailed filing data is available for this year.$4.51$2.04$2.47$1.57$1.04$0.54
2022Detailed filing. Detailed filing data is available for this year.$4.14$2.29$1.85$0.73$0.84$0.11
2021Detailed filing. Detailed filing data is available for this year.$4.50$2.40$2.10$0.64$0.86$0.22
2020Detailed filing. Detailed filing data is available for this year.$4.57$2.51$2.06$0.71$0.88$0.17
2019Detailed filing. Detailed filing data is available for this year.$4.96$2.62$2.35$0.78$1.04$0.25
2018Detailed filing. Detailed filing data is available for this year.$5.30$2.67$2.63$0.64$0.96$0.32
2018Detailed filing. Detailed filing data is available for this year.$5.30$2.67$2.63$0.64$0.96$0.32
2017Detailed filing. Detailed filing data is available for this year.$2.90$0.07$2.83$1.07$0.83$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.65$0.06$2.59$1.39$1.04$0.35
2015Detailed filing. Detailed filing data is available for this year.$2.27$0.04$2.23$0.97$0.94$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.36$0.01$2.35$0.82$0.88$0.06
2013Summary only. Only limited summary data is available for this year.$2.38$0.43$1.95$0.69$0.68$0.01
2012Summary only. Only limited summary data is available for this year.$2.30$0.36$1.94$1.21$0.52$0.69
2011Summary only. Only limited summary data is available for this year.$1.60$0.35$1.26$0.50$0.52$0.02