Civic Intelligence

Lha Enterprise Development Inc.

990 • Fiscal year 2024 • EIN 20-4597332

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 12, 2025

Organization ProfileN/A
PO Drawer 2910Laurel, MS 39442

(601) 425-4651

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

43rd percentile

1.7%

Faster asset growth than 43% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-89%

Faster revenue growth than 1% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$3,992,368

Up $65,557 (+1.7%) from 2023

Net Assets

Up

$3,992,368

Up $65,557 (+1.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin88th percentile

Revenue

Down

$143,222

Down $1,133,374 (-89%) from 2023

Expenses

Up

$77,665

Up $38,184 (+97%) from 2023

Net Income

Down

$65,557

Down $1,171,558 (-95%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $57,634Liabilities 2011: $0Net Assets 2011: $57,6342011Assets 2012: $57,378Liabilities 2012: $0Net Assets 2012: $57,3782012Assets 2013: $144,060Liabilities 2013: $0Net Assets 2013: $144,0602013Assets 2014: $243,266Liabilities 2014: $0Net Assets 2014: $243,2662014Assets 2015: $447,870Liabilities 2015: $0Net Assets 2015: $447,8702015Assets 2016: $452,485Liabilities 2016: $0Net Assets 2016: $452,4852016Assets 2017: $366,508Liabilities 2017: $0Net Assets 2017: $366,5082017Assets 2018: $1,265,446Liabilities 2018: $0Net Assets 2018: $1,265,4462018Assets 2019: $1,168,854Liabilities 2019: $0Net Assets 2019: $1,168,8542019Assets 2020: $1,278,994Liabilities 2020: $828Net Assets 2020: $1,278,1662020Assets 2021: $1,013,759Liabilities 2021: $0Net Assets 2021: $1,013,7592021Assets 2022: $2,689,696Liabilities 2022: $0Net Assets 2022: $2,689,6962022Assets 2023: $3,926,811Liabilities 2023: $0Net Assets 2023: $3,926,8112023Assets 2024: $3,992,368Liabilities 2024: $0Net Assets 2024: $3,992,3682024

Highlighted filing

2024

Assets$3,992,368
Liabilities$0
Net Assets$3,992,368
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $38,784Expenses 2011: $1,407Net Income 2011: $37,3772011Revenue 2012: $3,459Expenses 2012: $3,715Net Income 2012: -$2562012Revenue 2013: $93,822Expenses 2013: $7,140Net Income 2013: $86,6822013Revenue 2014: $155,375Expenses 2014: $56,169Net Income 2014: $99,2062014Revenue 2015: $225,669Expenses 2015: $21,065Net Income 2015: $204,6042015Revenue 2016: $10,788Expenses 2016: $6,173Net Income 2016: $4,6152016Revenue 2017: $4,606Expenses 2017: $90,583Net Income 2017: -$85,9772017Revenue 2018: $1,081,733Expenses 2018: $182,795Net Income 2018: $898,9382018Revenue 2019: $33,972Expenses 2019: $222,164Net Income 2019: -$188,1922019Revenue 2020: $247,560Expenses 2020: $138,248Net Income 2020: $109,3122020Revenue 2021: $40,245Expenses 2021: $304,652Net Income 2021: -$264,4072021Revenue 2022: $11,787Expenses 2022: $27,189Net Income 2022: -$15,4022022Revenue 2023: $1,276,596Expenses 2023: $39,481Net Income 2023: $1,237,1152023Revenue 2024: $143,222Expenses 2024: $77,665Net Income 2024: $65,5572024

Highlighted filing

2024

Revenue$143,222
Expenses$77,665
Net Income$65,557
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$143,222
Mission and Program Overview

Mission

Lha enterprise development, inc. Is organized exclusively for charitable, religious, scientific, medical, literary or educational purposes within the meaning of section 501(c)(3) of the internal revenue code. The corporation is organized and shall be operated as an instrumentality of and to support the housing authority of the city of laurel, mississippi (the authority), a public housing authority estabilished under (i) the mississippi housing authorities law, and (ii) the mississippi supplemental housing authorities law to provide decent, safe and sanitary urban or rural dwellings, apartments, or other living accommodations for persons of low income; including the acquisition, development, construction and operation of buildings, land, equipment, facilities, and other real or personal property for necessary, convenient, or desirable appurtenances, streets, sewers, water service, parks, site preparation, gardening, administrative, community, health, recreational, welfare or other purpo

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$794,231$1,237,162▲ $442,931
Land, Buildings, and Equipment, Net$212,250$249,250▲ $37,000
Total Assets$3,926,811$3,992,368▲ $65,557
Other Assets Total$2,920,330$2,505,956▼ $414,374
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,926,811$3,992,368▲ $65,557
Total Net Assets Fund Balance$3,926,811$3,992,368▲ $65,557
Total Liabilities and Net Assets / Fund Balance$3,926,811$3,992,368▲ $65,557

Asset Categories

AssetBook ValueDepreciationBasis
Land$249,250-$249,250
Other Assets Org$200,000--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Ailrick YoungPresident
Dorothy PeppersDirector
George CarterDirector
Hilary BurroughsDirector
Jonathan StricklerDirector
Sandy HolifieldDirector
Tensie WheelerDirector
Rev George BarnesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$100,032
Program Service Revenue
$0
Investment Income
$43,190
Other Revenue
$0
Change in Net Assets
$65,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$77,665
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
Office Expenses$42,438--$42,438
Fees for Services Other$33,446--$33,446
Fees for Services Legal$1,781--$1,781
Total Functional Expenses$77,665$0$0$77,665
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
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 is reviewed by the board of directors prior to filing.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Lha Enterprise Development Inc
EIN
20-4597332
Phone
6014254651
Address
PO DRAWER 2910, LAUREL, MS 39442

Signing Officer

Name
Ailrick Young
Title
President
Phone
6014254651
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ailrick Young
Formed
2006
Legal Domicile
Ms
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Cork Hill & Company LLC
Address
2100 SOUTHBRIDGE PKWY STE 530, BIRMINGHAM, AL 35209
Preparer
D Ben Cork CPA
Phone
2058793292
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Lha enterprise development, inc. Is organized exclusively for charitable, religious, scientific, medical, literary or educational purposes within the meaning of section 501(c)(3) of the internal revenue code. The corporation is organized and shall be operated as an instrumentality of and to support the housing authority of the city of laurel, mississippi (the authority), a public housing authority estabilished under (i) the mississippi housing authorities law, and (ii) the mississippi supplemental housing authorities law to provide decent, safe and sanitary urban or rural dwellings, apartments, or other living accommodations for persons of low income; including the acquisition, development, construction and operation of buildings, land, equipment, facilities, and other real or personal property for necessary, convenient, or desirable appurtenances, streets, sewers, water service, parks, site preparation, gardening, administrative, community, health, recreational, welfare or other purposes.”

Form 990, Page 2, Part III, Line 4D

“Support of laurel public housing authority.”

Form 990, Part IX, Line 11G

“Contract costs 33,446 0 0”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LHA ENTERPRISE DEVELOPMENT, INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, MEDICAL, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS AN INSTRUMENTALITY OF AND TO SUPPORT THE HOUSING AUTHORITY OF THE CITY OF LAUREL, MISSISSIPPI (THE AUTHORITY), A PUBLIC HOUSING AUTHORITY ESTABILISHED UNDER (I) THE MISSISSIPPI HOUSING AUTHORITIES LAW, AND (II) THE MISSISSIPPI SUPPLEMENTAL HOUSING AUTHORITIES LAW TO PROVIDE DECENT, SAFE AND SANITARY URBAN OR RURAL DWELLINGS, APARTMENTS, OR OTHER LIVING ACCOMMODATIONS FOR PERSONS OF LOW INCOME; INCLUDING THE ACQUISITION, DEVELOPMENT, CONSTRUCTION AND OPERATION OF BUILDINGS, LAND, EQUIPMENT, FACILITIES, AND OTHER REAL OR PERSONAL PROPERTY FOR NECESSARY, CONVENIENT, OR DESIRABLE APPURTENANCES, STREETS, SEWERS, WATER SERVICE, PARKS, SITE PREPARATION, GARDENING, ADMINISTRATIVE, COMMUNITY, HEALTH, RECREATIONAL, WELFARE OR OTHER PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPPORT OF LAUREL PUBLIC HOUSING AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT COSTS 33,446 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03926811
IRS990/TotalAssetsEOYAmt03992368
IRS990/TotalAssetsGrp/BOYAmt03926811
IRS990/TotalAssetsGrp/EOYAmt03992368
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt077665
IRS990/TotalFunctionalExpensesGrp/TotalAmt077665
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03926811
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03992368
IRS990/TotalOtherProgSrvcExpenseAmt077665
IRS990/TotalProgramServiceExpensesAmt077665
IRS990/TotalRevenueGrp/ExclusionAmt043190
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0143222
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03926811
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03992368
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO DRAWER 2910
IRS990/USAddress/CityNm0LAUREL
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039442
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AILRICK YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06014254651
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LHA ENTERPRISE DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0LHAE
ReturnHeader/Filer/EIN0204597332
ReturnHeader/Filer/PhoneNum06014254651
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO DRAWER 2910
ReturnHeader/Filer/USAddress/CityNm0LAUREL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039442
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631169871
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORK HILL & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02100 SOUTHBRIDGE PKWY STE 530
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035209
ReturnHeader/PreparerPersonGrp/PhoneNum02058793292
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0D BEN CORK CPA
ReturnHeader/ReturnTs02025-11-14T13:56:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,992,368
Liabilities
$0
Net assets
$3,992,368
Revenue
$143,222
Expenses
$77,665
Net income
$65,557
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.99$0.00$3.99$0.14$0.08$0.07
2023Summary only. Only limited summary data is available for this year.$3.93$0.00$3.93$1.28$0.04$1.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$0.01$0.03$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.04$0.30$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$0.25$0.14$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.03$0.22$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$1.08$0.18$0.90
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.00$0.09$0.09
2016Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.01$0.01$0.00
2015Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.23$0.02$0.20
2014Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$0.16$0.06$0.10
2013Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$0.09$0.01$0.09
2012Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.04$0.00$0.04