Civic Intelligence

Laurens Education Assistance for District No 55

EIN 20-2697215 • 501(c)3 • Laurens, SC

Profile

The laurens education assistance for district no. 55 ("lead") corporation is a not-for-profit 501 (c)(3) organization incorporated for the specific purpose of serving as a "support organization" for capital projects of the district. The activity of lead includes the financing and construction of school facilities that will be purchased by the district.

301 Hillcrest DriveLaurens, SC 29360
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

39th percentile

0.0%

Higher net margin than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Revenue Growth

35th percentile

-0.1%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Flat

$0

Flat from 2023

Operations
Liabilities / Revenue19th percentileNet Margin39th percentile

Revenue

Down

$3,102,367

Down $17,421 (-0.6%) from 2023

Expenses

Down

$3,102,367

Down $17,421 (-0.6%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,806,515Liabilities 2011: $0Net Assets 2011: $3,806,5152011Assets 2012: $3,334,541Liabilities 2012: $0Net Assets 2012: $3,334,5412012Assets 2013: $3,334,031Liabilities 2013: $0Net Assets 2013: $3,334,0312013Assets 2014: $3,333,777Liabilities 2014: $0Net Assets 2014: $3,333,7772014Assets 2015: $3,333,844Liabilities 2015: $0Net Assets 2015: $3,333,8442015Assets 2016: $2,671,063Liabilities 2016: $0Net Assets 2016: $2,671,0632016Assets 2017: $27,073Liabilities 2017: $0Net Assets 2017: $27,0732017Assets 2018: $26,957Liabilities 2018: $0Net Assets 2018: $26,9572018Assets 2019: $31,383Liabilities 2019: $0Net Assets 2019: $31,3832019Assets 2020: $74Liabilities 2020: $0Net Assets 2020: $742020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2011: $1,944,534Expenses 2011: $1,943,122Net Income 2011: $1,4122011Revenue 2012: $1,957,402Expenses 2012: $2,429,376Net Income 2012: -$471,9742012Revenue 2013: $1,970,217Expenses 2013: $1,970,727Net Income 2013: -$5102013Revenue 2014: $1,969,268Expenses 2014: $1,969,522Net Income 2014: -$2542014Revenue 2015: $1,959,054Expenses 2015: $1,958,987Net Income 2015: $672015Revenue 2016: $33,734,409Expenses 2016: $34,389,370Net Income 2016: -$654,9612016Revenue 2017: $1,528,953Expenses 2017: $4,179,831Net Income 2017: -$2,650,8782017Revenue 2018: $1,520,922Expenses 2018: $1,521,038Net Income 2018: -$1162018Revenue 2019: $1,521,089Expenses 2019: $1,516,663Net Income 2019: $4,4262019Revenue 2020: $1,485,103Expenses 2020: $1,516,412Net Income 2020: -$31,3092020Revenue 2021: $3,123,838Expenses 2021: $3,123,912Net Income 2021: -$742021Revenue 2022: $3,122,038Expenses 2022: $3,122,038Net Income 2022: $02022Revenue 2023: $3,119,788Expenses 2023: $3,119,788Net Income 2023: $02023Revenue 2024: $3,102,367Expenses 2024: $3,102,367Net Income 2024: $02024

Highlighted filing

2024

Revenue$3,102,367
Expenses$3,102,367
Net Income$0
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$3,102,367
Expenses
$3,102,367
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$3.10$3.10$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$3.12$3.12$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$3.12$3.12$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$3.12$3.12$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$1.49$1.52$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.03$1.52$1.52$0.00
2018Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$1.52$1.52$0.00
2017Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$1.53$4.18$2.65
2016Summary only. Only limited summary data is available for this year.$2.67$0.00$2.67$33.7$34.4$0.65
2015Summary only. Only limited summary data is available for this year.$3.33$0.00$3.33$1.96$1.96$0.00
2014Summary only. Only limited summary data is available for this year.$3.33$0.00$3.33$1.97$1.97$0.00
2013Summary only. Only limited summary data is available for this year.$3.33$0.00$3.33$1.97$1.97$0.00
2012Summary only. Only limited summary data is available for this year.$3.33$0.00$3.33$1.96$2.43$0.47
2011Summary only. Only limited summary data is available for this year.$3.81$0.00$3.81$1.94$1.94$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 16, 2023
Return Version
2021v4.0
Gross Receipts
$3,122,038
Mission and Program Overview

Mission

The laurens education assistance for district no. 55 ("lead") corporation is a not-for-profit 501 (c)(3) organization incorporated for the specific purpose of serving as a "support organization" for capital projects of the district. The activity of lead includes the financing and construction of school facilities that will be purchased by the district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
James C Todd IvChair
Rev Bryant CheekVice Chair
Patsy CaseyDirector
Wilamena JonesExecutive Co
Ernie SegarsSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,122,038
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,122,038
Total Revenue per Audited Statements
$3,122,038
Total Revenue per Form 990
$3,122,038
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,122,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$932,038--$932,038
Total Functional Expenses$3,122,038$0$0$3,122,038

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,122,038
Total Expenses per Audited Statements$3,122,038
Total Expenses per Form 990$3,122,038
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
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board reviews 990 before submission”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Laurens Education Assistance for
EIN
20-2697215
Phone
8649843568
Address
301 HILLCREST DRIVE, LAURENS, SC 29360

Signing Officer

Name
James C Todd Iv
Title
Chair
Phone
8649843568
Signed
2023-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James C Todd Iv
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Mckinley Cooper & Co LLC
Address
777 LOWNDES HILL RD BLDG 3 STE 225, GREENVILLE, SC 29607-2131
Preparer
Marcy M Loucks
Phone
8642331800
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The laurens education assistance for district no. 55 ("lead") corporation is a not-for-profit 501 (c)(3) organization incorporated for the specific purpose of serving as a "support organization" for capital projects of the district. The activity of lead includes the financing and construction of school facilities that will be purchased by the district.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization recognizes the tax benefits from uncertain tax positions only if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The organization's income tax filings are subject to audit by various taxing authorities. Management believes the adoption of asc 740-10 resulted in no significant impact to the organization's financial statements.”

Raw XML Appendix276 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE LAURENS EDUCATION ASSISTANCE FOR DISTRICT NO. 55 ("LEAD") CORPORATION IS A NOT-FOR-PROFIT 501 (C)(3) ORGANIZATION INCORPORATED FOR THE SPECIFIC PURPOSE OF SERVING AS A "SUPPORT ORGANIZATION" FOR CAPITAL PROJECTS OF THE DISTRICT. THE ACTIVITY OF LEAD INCLUDES THE FINANCING AND CONSTRUCTION OF SCHOOL FACILITIES THAT WILL BE PURCHASED BY THE DISTRICT.
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JIM LOLLIS
IRS990/BooksInCareOfDetail/PhoneNum08649843568
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 HILLCREST DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAURENS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029360
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03122038
IRS990/CYOtherRevenueAmt03122038
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt00
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03122038
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03122038
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE LAURENS EDUCATION ASSISTANCE FOR DISTRICT NO. 55 ("LEAD") CORPORATION IS A NOT-FOR-PROFIT 501 (C)(3) ORGANIZATION INCORPORATED FOR THE SPECIFIC PURPOSE OF SERVING AS A "SUPPORT ORGANIZATION" FOR CAPITAL PROJECTS OF THE DISTRICT. THE ACTIVITY OF LEAD INCLUDES THE FINANCING AND CONSTRUCTION OF SCHOOL FACILITIES THAT WILL BE PURCHASED BY THE DISTRICT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03122038
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0PATSY CASEY
IRS990/Form990PartVIISectionAGrp/PersonNm1REV BRYANT CHEEK
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES C TODD IV
IRS990/Form990PartVIISectionAGrp/PersonNm3WILAMENA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm4ERNIE SEGARS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt4SEC/TREAS
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03122038
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE LAURENS EDUCATION ASSISTANCE FOR DISTRICT NO. 55 ("LEAD") CORPORATION IS A NOT-FOR-PROFIT 501 (C)(3) ORGANIZATION INCORPORATED FOR THE SPECIFIC PURPOSE OF SERVING AS A "SUPPORT ORGANIZATION" FOR CAPITAL PROJECTS OF THE DISTRICT. THE ACTIVITY OF LEAD INCLUDES THE FINANCING AND CONSTRUCTION OF SCHOOL FACILITIES THAT WILL BE PURCHASED BY THE DISTRICT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0REDEMPTION OF PRINCIPAL
IRS990/OtherExpensesGrp/Desc1INTEREST
IRS990/OtherExpensesGrp/ProgramServicesAmt02190000
IRS990/OtherExpensesGrp/ProgramServicesAmt1932038
IRS990/OtherExpensesGrp/TotalAmt02190000
IRS990/OtherExpensesGrp/TotalAmt1932038
IRS990/OtherRevenueMiscGrp/Desc0TRANSFER FROM OTHER FUNDS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03122038
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03122038
IRS990/OtherRevenueTotalAmt03122038
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES C TODD IV
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt03123912
IRS990/PYOtherRevenueAmt03123838
IRS990/PYRevenuesLessExpensesAmt0-74
IRS990/PYTotalExpensesAmt03123912
IRS990/PYTotalRevenueAmt03123838
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0576001517
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LAURENS COUNTY SCHOOL DISTRICT 55
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt03122038
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt03122038
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. MANAGEMENT BELIEVES THE ADOPTION OF ASC 740-10 RESULTED IN NO SIGNIFICANT IMPACT TO THE ORGANIZATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt03122038
IRS990ScheduleD/TotalRevenuePerForm990Amt03122038
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03122038
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03122038
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LAURENS EDUCATION ASSISTANCE FOR DISTRICT NO. 55 ("LEAD") CORPORATION IS A NOT-FOR-PROFIT 501 (C)(3) ORGANIZATION INCORPORATED FOR THE SPECIFIC PURPOSE OF SERVING AS A "SUPPORT ORGANIZATION" FOR CAPITAL PROJECTS OF THE DISTRICT. THE ACTIVITY OF LEAD INCLUDES THE FINANCING AND CONSTRUCTION OF SCHOOL FACILITIES THAT WILL BE PURCHASED BY THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS 990 BEFORE SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03122038
IRS990/TotalFunctionalExpensesGrp/TotalAmt03122038
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt03122038
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03122038
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03122038
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0301 HILLCREST DR
IRS990/USAddress/CityNm0LAURENS
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029360
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES C TODD IV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08649843568
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAURENS EDUCATION ASSISTANCE FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DISTRICT NO 55
ReturnHeader/Filer/BusinessNameControlTxt0LAUR
ReturnHeader/Filer/EIN0202697215
ReturnHeader/Filer/PhoneNum08649843568
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 HILLCREST DRIVE
ReturnHeader/Filer/USAddress/CityNm0LAURENS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029360
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272826067
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCKINLEY COOPER & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0777 LOWNDES HILL RD BLDG 3 STE 225
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0296072131
ReturnHeader/PreparerPersonGrp/PhoneNum08642331800
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARCY M LOUCKS
ReturnHeader/ReturnTs02023-02-28T16:21:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES C
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TODD IV
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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