Civic Intelligence

Lsc Foundation

990 • Fiscal year 2023 • EIN 20-8188811

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 28, 2024

PO Box 113Fredericksburg, TX 78624

(512) 567-4682

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

82nd percentile

31%

Higher net margin than 82% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

51st percentile

1.2%

Faster asset growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-66%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$299,677

Up $3,576 (+1.2%) from 2022

Net Assets

Up

$299,677

Up $5,953 (+2.0%) from 2022

Liabilities

Down

$0

Down $2,377 (-100%) from 2022

Revenue

Down

$19,243

Down $38,097 (-66%) from 2022

Expenses

Down

$13,290

Down $660 (-4.7%) from 2022

Net Income

Down

$5,953

Down $37,437 (-86%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2009: $1,183Liabilities 2009: $02009Assets 2010: $84,050Liabilities 2010: $0Net Assets 2010: $84,0502010Assets 2011: $110,867Liabilities 2011: $11,925Net Assets 2011: $98,9422011Assets 2013: $197,357Liabilities 2013: $0Net Assets 2013: $197,3572013Assets 2014: $158,854Liabilities 2014: $0Net Assets 2014: $158,8542014Assets 2016: $52,486Liabilities 2016: $4,540Net Assets 2016: $47,9462016Assets 2017: $224,416Liabilities 2017: $4,540Net Assets 2017: $219,8762017Assets 2018: $177,971Liabilities 2018: $6,950Net Assets 2018: $171,0212018Assets 2019: $236,756Liabilities 2019: $6,450Net Assets 2019: $230,3062019Assets 2020: $163,977Liabilities 2020: $6,450Net Assets 2020: $157,5272020Assets 2021: $256,784Liabilities 2021: $6,450Net Assets 2021: $250,3342021Assets 2022: $296,101Liabilities 2022: $2,377Net Assets 2022: $293,7242022Assets 2023: $299,677Liabilities 2023: $0Net Assets 2023: $299,6772023Assets 2024: $240,308Liabilities 2024: $0Net Assets 2024: $240,3082024Assets 2025: $225,922Liabilities 2025: $0Net Assets 2025: $225,9222025

Highlighted filing

2023

Assets$299,677
Liabilities$0
Net Assets$299,677

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2009: $19,074Expenses 2009: $17,891Net Income 2009: $1,1832009Revenue 2010: $164,132Expenses 2010: $136,905Net Income 2010: $27,2272010Revenue 2011: $211,460Expenses 2011: $202,607Net Income 2011: $8,8532011Revenue 2013: $239,904Expenses 2013: $177,833Net Income 2013: $62,0712013Revenue 2014: $160,227Expenses 2014: $198,730Net Income 2014: -$38,5032014Revenue 2016: -$115,516Expenses 2016: $11,127Net Income 2016: -$126,6432016Revenue 2017: $179,412Expenses 2017: $7,482Net Income 2017: $171,9302017Revenue 2018: $187,654Expenses 2018: $236,509Net Income 2018: -$48,8552018Revenue 2019: $216,497Expenses 2019: $157,212Net Income 2019: $59,2852019Revenue 2020: $19,214Expenses 2020: $91,993Net Income 2020: -$72,7792020Revenue 2021: $105,956Expenses 2021: $13,149Net Income 2021: $92,8072021Revenue 2022: $57,340Expenses 2022: $13,950Net Income 2022: $43,3902022Revenue 2023: $19,243Expenses 2023: $13,290Net Income 2023: $5,9532023Revenue 2024: -$44,751Expenses 2024: $14,618Net Income 2024: -$59,3692024Revenue 2025: -$6,224Expenses 2025: $8,162Net Income 2025: -$14,3862025

Highlighted filing

2023

Revenue$19,243
Expenses$13,290
Net Income$5,953
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 28, 2024
Return Version
2023v5.1
Gross Receipts
$377,967
Mission and Program Overview

Mission

To support youth through the purchase of show animals

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$293,724$299,677▲ $5,953
Cash and Non-Interest-Bearing Accounts$287,311$290,087▲ $2,776
Accounts Receivable$8,790$9,590▲ $800
Total Assets$296,101$299,677▲ $3,576
Liabilities
Accounts Payable and Accrued Expenses$2,377--
Total Liabilities$2,377$0▼ $2,377
Net Assets / Fund Balance
Total Net Assets Fund Balance$293,724$299,677▲ $5,953
Total Liabilities and Net Assets / Fund Balance$296,101$299,677▲ $3,576
Compensation and Service Providers

Board Members and Trustees

NameTitle
Craig TeyklPresident
Stacy LooneyVice President
Jamie EvansSecretary
Shawn LehneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-7,757
All Other Contributions
$27,000
Change in Net Assets
$5,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,290
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-$6,402-$6,402
Insurance-$4,275-$4,275
Information Technology-$1,638-$1,638
Fees for Services Accounting-$600-$600
Office Expenses-$375-$375
Total Functional Expenses$0$13,290$0$13,290
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$358,724
Fundraising Gross Income$350,967
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wild Game Dinner$350,967$350,967$5,448$345,519
Total Events$350,967$350,967$358,724$-7,757
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
Backup withholding compliance
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
Yes
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, Part VI, Section B, Line 11B

Form 990 was provided to and reviewed by the organizations governing body before it was filed.

Form 990, Part VI, Section C, Line 19

LSC Foundation makes its open records documents available upon request.

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

Discussions are held at the Annual Meeting to determine if any conflict of interest issues exist and such discussions are recorded into the minutes by the Board.

Form 990, Part VI, Section B, Line 15

Compensation to any employee/contractor is required to be discussed and reviewed at the Annual Meeting by the Board

Filing and Contact Details

Filer

Filer Name
Lsc Foundation
EIN
20-8188811
Phone
5125674682
Address
PO BOX 113, FREDERICKSBURG, TX 78624

Signing Officer

Name
Shawn Lehne
Title
Treasurer
Phone
5125674682
Signed
2024-08-28
Discuss with paid preparer
No

Organization Details

Principal Officer
Shawn Lehne
Formed
2007
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Preparer
Frank L Felcman Jr
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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/ExplanationTxt0Form 990 was provided to and reviewed by the organizations governing body before it was filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LSC Foundation makes its open records documents available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Discussions are held at the Annual Meeting to determine if any conflict of interest issues exist and such discussions are recorded into the minutes by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation to any employee/contractor is required to be discussed and reviewed at the Annual Meeting by the Board
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0296101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0299677
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 113
IRS990/USAddress/CityNm0FREDERICKSBURG
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0786240113
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.LONESTARCATTLEMEN.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAWN LEHNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05125674682
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LSC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LSCF
ReturnHeader/Filer/EIN0208188811
ReturnHeader/Filer/PhoneNum05125674682
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 113
ReturnHeader/Filer/USAddress/CityNm0FREDERICKSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078624
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Frank L Felcman Jr
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-08-28T04:12:04-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.06$0.08$0.14
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.45$0.15$0.59
2023Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$0.19$0.13$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.02$2.94$0.57$0.14$0.43
2021Detailed filing. Detailed filing data is available for this year.$2.57$0.06$2.50$1.06$0.13$0.93
2020Detailed filing. Detailed filing data is available for this year.$1.64$0.06$1.58$0.19$0.92$0.73
2019Summary only. Only limited summary data is available for this year.$2.37$0.06$2.30$2.16$1.57$0.59
2018Summary only. Only limited summary data is available for this year.$1.78$0.07$1.71$1.88$2.37$0.49
2017Detailed filing. Detailed filing data is available for this year.$2.24$0.05$2.20$1.79$0.07$1.72
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.05$0.48$1.16$0.11$1.27
2014Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$1.60$1.99$0.39
2013Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$2.40$1.78$0.62
2011Summary only. Only limited summary data is available for this year.$1.11$0.12$0.99$2.11$2.03$0.09
2010Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$1.64$1.37$0.27
2009Summary only. Only limited summary data is available for this year.$0.01$0.00$0.19$0.18$0.01