Civic Intelligence

Presbyterian Lay Committee Inc

990 • Fiscal year 2018 • EIN 13-2548997

Jan 01, 2018 to Dec 31, 2018 • Filed on May 01, 2019

Box 682247Franklin, TN 37068

(615) 591-4388

Siviq Scores

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

Liabilities / Assets

91st percentile

0.62x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-156%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

99th percentile

$160,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 102.5% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

2nd percentile

-98%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-70%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$11,516

Down $526,311 (-98%) from 2017

Net Assets

Down

$4,368

Down $527,461 (-99%) from 2017

Liabilities

Up

$7,148

Up $1,150 (+19%) from 2017

Revenue

Down

$156,164

Down $369,049 (-70%) from 2017

Expenses

Down

$400,417

Down $816,721 (-67%) from 2017

Net Income

Up

-$244,253

Up $447,672 (+65%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,992,164Liabilities 2011: $48,676Net Assets 2011: $1,943,4882011Assets 2012: $2,566,106Liabilities 2012: $714Net Assets 2012: $2,565,3922012Assets 2013: $2,427,231Liabilities 2013: $25,433Net Assets 2013: $2,401,7982013Assets 2014: $1,668,292Liabilities 2014: $21,903Net Assets 2014: $1,646,3892014Assets 2015: $1,753,223Liabilities 2015: $15,833Net Assets 2015: $1,737,3902015Assets 2016: $1,267,445Liabilities 2016: $80,545Net Assets 2016: $1,186,9002016Assets 2017: $537,827Liabilities 2017: $5,998Net Assets 2017: $531,8292017Assets 2018: $11,516Liabilities 2018: $7,148Net Assets 2018: $4,3682018Assets 2019: $3,822Liabilities 2019: $0Net Assets 2019: $3,8222019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$11,516
Liabilities$7,148
Net Assets$4,368

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $745,383Expenses 2011: $1,560,035Net Income 2011: -$814,6522011Revenue 2012: $1,934,064Expenses 2012: $1,414,058Net Income 2012: $520,0062012Revenue 2013: $999,784Expenses 2013: $1,280,049Net Income 2013: -$280,2652013Revenue 2014: $837,216Expenses 2014: $1,322,248Net Income 2014: -$485,0322014Revenue 2015: $888,091Expenses 2015: $743,970Net Income 2015: $144,1212015Revenue 2016: $463,912Expenses 2016: $1,076,859Net Income 2016: -$612,9472016Revenue 2017: $525,213Expenses 2017: $1,217,138Net Income 2017: -$691,9252017Revenue 2018: $156,164Expenses 2018: $400,417Net Income 2018: -$244,2532018Revenue 2019: $6,219Expenses 2019: $6,766Net Income 2019: -$5472019Revenue 2020: -$646Expenses 2020: $3,176Net Income 2020: -$3,8222020

Highlighted filing

2018

Revenue$156,164
Expenses$400,417
Net Income-$244,253
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 1, 2019
Return Version
2018v3.1
Gross Receipts
$467,234
Mission and Program Overview

Mission

To inform and equip Christians.

To inform, educate and equip Christians.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$341,948--
Prepaid Expenses and Deferred Charges$14,206--
Cash and Non-Interest-Bearing Accounts$170,531$10,870▼ $159,661
Land, Buildings, and Equipment, Net$10,453--
Savings and Temporary Cash Investments$637$646▲ $9
Accounts Receivable$52--
Total Assets$537,827$11,516▼ $526,311
Liabilities
Accounts Payable and Accrued Expenses$5,998$7,148▲ $1,150
Total Liabilities$5,998$7,148▲ $1,150
Net Assets / Fund Balance
Permanently Rstr Net Assets$340,944$0▼ $340,944
Unrestricted Net Assets$190,885$4,368▼ $186,517
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$531,829$4,368▼ $527,461
Total Liabilities and Net Assets / Fund Balance$537,827$11,516▼ $526,311

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$340,944-▼ $7,865$333,079$0
2017$296,359-▲ $44,585-$340,944
2016$276,628-▲ $19,731-$296,359
2015$278,209-▼ $1,581-$276,628
2014$411,925-▲ $16,284$150,000$278,209
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carmen Fowler LaBergePresidentFT$160,000-$160,000
Carmen Fowler LaBerge--$105,000$55,000$160,000

Board Members and Trustees

NameTitle
Leslee WasherChairman
Susan MattinglyVice Chair
Doug MeiserDirector
Forrest Norman IIIDirector
Greg HuttDirector
Robert FishDirector
Cindy PirtleSecretary
Ian HowardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,671
Program Service Revenue
$5,297
Investment Income
$25,668
Other Revenue
$528
All Other Contributions
$124,671
Change in Net Assets
$-244,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$275,604
Other Expenses$124,813
Total Fundraising Expense$93,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$96,944$24,096$38,960$160,000
Other Salaries and Wages$58,957$14,654$23,694$97,305
All Other Expenses$21,121$13,857$20,098$55,076
Insurance$12,326$4,572$2,880$19,778
Payroll Taxes$11,030$2,797$4,472$18,299
Fees for Services Accounting$0$12,000$0$12,000
Travel$10,759$13$922$11,694
Fees for Services Legal$0$8,273$0$8,273
Information Technology$1,015$875$770$2,660
Advertising$1,995$0$0$1,995
Conferences and Meetings$502$1,178$0$1,680
Occupancy$549$198$198$945
Office Expenses$295$439$155$889
Other Expenses$181$0$0$181
Total Functional Expenses$224,414$82,967$93,036$400,417
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Presbyterian Lay Committee Inc
EIN
13-2548997
Phone
6155914388
Address
Box 682247, Franklin, TN 37068

Signing Officer

Name
Carmen F LaBerge
Title
President
Phone
6155914388
Signed
2019-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leslee Washer
Formed
1965
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
0

Preparer

Firm
Bacheler & Company Pc
Address
400 S KINGS HWY, CHERRY HILL, NJ 08034-2511
Preparer
William J Bacheler CPA
Phone
8564291835
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Form 990 is prepared by a third-party CPA and

Pt VI, Line 11B

submitted to the Board of Directors for approval.

Pt VI, Line 19

Upon request.

Pt VI, Line 12C

Board of Directors and President of organization monitor

Pt VI, Line 12C

all activity of the organization.

Pt XI

Donated to Geneva Foundation as a secondary beneficiary of

Pt XI

previous bequest.

Form 990, Part IX, Line 24E

Printing 6872. 5170. 116. 1586.

Form 990, Part IX, Line 24E

Postage 3952. 1339. 143. 2470.

Form 990, Part IX, Line 24E

Staff development 2392. 252. 1992. 148.

Form 990, Part IX, Line 24E

Social media 1427. 1427. 0. 0.

Form 990, Part IX, Line 24E

Website 4813. 3038. 0. 1775.

Form 990, Part IX, Line 24E

Registration fees 6154. 0. 0. 6154.

Form 990, Part IX, Line 24E

Mailing service 4703. 2508. 51. 2144.

Form 990, Part IX, Line 24E

Telephone and internet 1933. 1122. 419. 392.

Form 990, Part IX, Line 24E

Bank and credit card fees 3718. 8. 604. 3106.

Form 990, Part IX, Line 24E

Writing, design, photo 1513. 1416. 0. 97.

Form 990, Part IX, Line 24E

Database management 696. 45. 0. 651.

Form 990, Part IX, Line 24E

Donor research 1554. 0. 0. 1554.

Form 990, Part IX, Line 24E

Equipment rental/maint. 96. 54. 21. 21.

Form 990, Part IX, Line 24E

Book related expenses 4742. 4742. 0. 0.

Form 990, Part IX, Line 24E

Equipment abandoned 10511. 0. 10511. 0.

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IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0340944
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014206
IRS990/PrincipalOfficerNm0Leslee Washer
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
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IRS990/PYContributionsGrantsAmt0427860
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IRS990/RevenueAmt0124671
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt0528
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0646
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0443068
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0842086
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026752
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0139828
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02284281
IRS990ScheduleA/TotalSupportAmt02424109
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
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IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0333079
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0296359
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0340944
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt044585
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0296359
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0278209
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1581
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Carmen Fowler LaBerge
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IRS990ScheduleJ/SeverancePaymentInd0true
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Carmen LaBerge received a severance payment of $55,000.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 4a
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
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IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02018-11-16
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0471545753
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0250000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Cash
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0Geneva Fndtn of Presb Homes

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