Civic Intelligence

Lehigh Valley Economic Investment

990 • Fiscal year 2016 • EIN 23-6296874

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 15, 2017

Organization ProfileN/A
2158 Avenue C No 200Bethlehem, PA 18017

(610) 266-6775

Siviq Scores

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

Liabilities / Assets

70th percentile

0.19x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

3.40x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Asset Growth

35th percentile

-1.0%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

32%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$753,007

Down $7,278 (-1.0%) from 2015

Net Assets

Up

$608,155

Up $7,414 (+1.2%) from 2015

Liabilities

Down

$144,852

Down $14,692 (-9.2%) from 2015

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin19th percentile

Revenue

Up

$42,625

Up $10,212 (+32%) from 2015

Expenses

Up

$47,393

Up $5,175 (+12%) from 2015

Net Income

Up

-$4,768

Up $5,037 (+51%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $795,901Liabilities 2011: $61,307Net Assets 2011: $734,5942011Assets 2012: $793,038Liabilities 2012: $188,504Net Assets 2012: $604,5342012Assets 2013: $782,733Liabilities 2013: $184,349Net Assets 2013: $598,3842013Assets 2014: $771,472Liabilities 2014: $175,891Net Assets 2014: $595,5812014Assets 2015: $760,285Liabilities 2015: $159,544Net Assets 2015: $600,7412015Assets 2016: $753,007Liabilities 2016: $144,852Net Assets 2016: $608,1552016Assets 2017: $754,709Liabilities 2017: $156,579Net Assets 2017: $598,1302017Assets 2018: $1,595,331Liabilities 2018: $707,495Net Assets 2018: $887,8362018Assets 2019: $1,588,484Liabilities 2019: $685,943Net Assets 2019: $902,5412019Assets 2020: $1,578,884Liabilities 2020: $669,130Net Assets 2020: $909,7542020Assets 2021: $1,559,448Liabilities 2021: $639,923Net Assets 2021: $919,5252021Assets 2022: $1,570,480Liabilities 2022: $618,445Net Assets 2022: $952,0352022Assets 2023: $1,634,783Liabilities 2023: $599,464Net Assets 2023: $1,035,3192023Assets 2024: $1,704,717Liabilities 2024: $574,171Net Assets 2024: $1,130,5462024

Highlighted filing

2016

Assets$753,007
Liabilities$144,852
Net Assets$608,155
Open 2016 Filing

Operations Trend

Revenue Growth85th percentile

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

$200K$150K$100K$50K$0-$50KExpenses 2011: $64,3482011Expenses 2012: $175,1312012Revenue 2013: $36,818Expenses 2013: $42,968Net Income 2013: -$6,1502013Revenue 2014: $45,721Expenses 2014: $46,524Net Income 2014: -$8032014Revenue 2015: $32,413Expenses 2015: $42,218Net Income 2015: -$9,8052015Revenue 2016: $42,625Expenses 2016: $47,393Net Income 2016: -$4,7682016Revenue 2017: $45,849Expenses 2017: $56,241Net Income 2017: -$10,3922017Revenue 2018: $124,276Expenses 2018: $92,149Net Income 2018: $32,1272018Revenue 2019: $75,217Expenses 2019: $60,512Net Income 2019: $14,7052019Revenue 2020: $144,666Expenses 2020: $137,453Net Income 2020: $7,2132020Revenue 2021: $76,669Expenses 2021: $66,898Net Income 2021: $9,7712021Revenue 2022: $118,671Expenses 2022: $86,161Net Income 2022: $32,5102022Revenue 2023: $178,294Expenses 2023: $95,010Net Income 2023: $83,2842023Revenue 2024: $184,405Expenses 2024: $89,178Net Income 2024: $95,2272024

Highlighted filing

2016

Revenue$42,625
Expenses$47,393
Net Income-$4,768
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 15, 2017
Return Version
2016v3.0
Gross Receipts
$42,625
Mission and Program Overview

Mission

Lehigh valley economic investment corporation functions to finance the expansion and relocation of business within lehigh and northampton counties by acting as an intermediary between equitable owners and financial institutions and/or certain pennsylvania economic development financing programs and/or related entities including, but not limited to, the pennsylvania industrial development authority and the small business first fund.

Intermediary to help finance the expansion and relocation of businesses within lehigh county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$703,550$685,397▼ $18,153
Other Notes and Loans Receivable, Net$40,000$40,000→ $0
Cash and Non-Interest-Bearing Accounts$15,069$26,538▲ $11,469
Prepaid Expenses and Deferred Charges$806$822▲ $16
Accounts Receivable$860$250▼ $610
Total Assets$760,285$753,007▼ $7,278
Liabilities
Other Liabilities$101,727$89,545▼ $12,182
Unsecured Notes Loans Payable$57,707$55,307▼ $2,400
Accounts Payable and Accrued Expenses$110--
Total Liabilities$159,544$144,852▼ $14,692
Net Assets / Fund Balance
Unrestricted Net Assets$600,741$608,155▲ $7,414
Total Net Assets Fund Balance$600,741$608,155▲ $7,414
Total Liabilities and Net Assets / Fund Balance$760,285$753,007▼ $7,278
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Harry McguirkPresident
Keith BachmanSecond Vice President
Francis HackettVice President
Amy HawleyDirector
Denise MccallDirector
Frank SmithDirector
George ReitzDirector
Jason EngelhardtDirector
Jim StortzDirector
Kevin CampbellDirector
Raymond SuhockiDirector
Richard HodgenDirector
Brian CookAssistant Secretary
Christopher BrownAssistant Treasurer
James GentileSecretary
Chris PersichettiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,500
Program Service Revenue
$27,265
Investment Income
$1,860
Other Revenue
$0
Change in Net Assets
$-4,768

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,625
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,182
Total Revenue per Audited Statements
$54,807
Total Revenue per Form 990
$42,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,393
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
Fees for Services Management-$30,000-$30,000
Other Expenses-$11,088-$11,088
Fees for Services Accounting-$4,340-$4,340
Insurance-$1,299-$1,299
Fees for Services Other-$518-$518
Fees for Services Legal-$148-$148
Total Functional Expenses$0$47,393$0$47,393

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$47,393
Total Expenses per Audited Statements$47,393
Total Expenses per Form 990$47,393
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pida Loan Liability$89,545
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Lehigh's economic advancement project, inc. Has a management agreement whereby lehigh valley economic development corporation is appointed as the management agent and administrator for leap.”

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

“A draft of the 990 is scanned and emailed to the board for review as soon as it provided to the organization by the accountants.”

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

“When potential conflicts of interests arise, personnel of the management entity are encouraged to disclose them to the vice president of economic development financing, prior to any transaction being consumated. Potential conflicts of interest in relations to board members and officers are to be disclosed to the executive committee of the leap board.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, financial statements, and 990 available upon request. The organization has a written conflict of interest policy available upon request.”

Filing and Contact Details

Filer

Filer Name
LEHIGH'S ECONOMIC ADVANCEMENT
EIN
23-6296874
Phone
6102666775
Address
2158 AVENUE C NO 200, BETHLEHEM, PA 18017

Signing Officer

Name
Harry Mcguirk
Title
President
Phone
6102666775
Signed
2017-08-15

Organization Details

Principal Officer
Harry Mcguirk
Formed
1961
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Campbell Rappold & Yurasits Llp
Address
1033 S CEDAR CREST BLVD, ALLENTOWN, PA 18103-5443
Preparer
John R Zayaitz CPA
Phone
6104357489
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Loan contingency gain 12,182.”

Financial Statement Notes

PART X, LINE 2:

“The organization operates as a not-for-profit corporation in the commonwealth of pennsylvania and is exempt from federal income taxes under the provision of section 501 (c)(4) of the internal revenue code and none of its present or anticipated future activities are subject to unrelated business income. Therefore, no provision for income taxes has been made in the accompanying financial statements. Uncertain tax positions are evaluated in accordance with fasb asc 740-10. Fasb asc 740-10 clarifies the accounting for uncertainty in income taxes recognized in the organization's financial statements and prescribes a recognition threshold of more-than-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. Fasb asc 740-10 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, and disclosure. The organization had no material unrecognized tax benefits or accrued interest or penalties at december 31, 2016 and 2015. The organization files federal form 990, return of organizations exempt from tax, with the united states internal revenue service and with the bureau of charitable organizations in pennsylvania.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loan contingency gain 12,182.”

Raw XML AppendixShowing 400 of 415 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LEHIGH'S ECONOMIC ADVANCEMENT PROJECT, INC. FUNCTIONS TO FINANCE THE EXPANSION AND RELOCATION OF BUSINESS WITHIN LEHIGH COUNTY BY ACTING AS AN INTERMEDIARY BETWEEN EQUITABLE OWNERS AND FINANCIAL INSTITUTIONS AND/OR CERTAIN PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING PROGRAMS AND/OR RELATED ENTITIES INCLUDING, BUT NOT LIMITED TO, THE PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY AND THE SMALL BUSINESS FIRST FUND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0600741
IRS990/NetAssetsOrFundBalancesEOYAmt0608155
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt012182
IRS990/OtherExpensesGrp/Desc0FINANCING FEES TO LVEDC
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011088
IRS990/OtherExpensesGrp/TotalAmt011088
IRS990/OtherLiabilitiesGrp/BOYAmt0101727
IRS990/OtherLiabilitiesGrp/EOYAmt089545
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt040000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt040000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0806
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0822
IRS990/PrincipalOfficerNm0HARRY MCGUIRK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE/APPLICATION FE
IRS990/ProgramServiceRevenueGrp/Desc1LOAN MAINTENANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15020
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt270
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01997
IRS990/PYOtherExpensesAmt042218
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt016916
IRS990/PYRevenuesLessExpensesAmt0-9805
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt042218
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt032413
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4768
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt027265
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0703550
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0685397
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt047393
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt089545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PIDA LOAN LIABILITY
IRS990ScheduleD/OtherRevenueAmt012182
IRS990ScheduleD/RevenueNotReportedAmt012182
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt042625
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OPERATES AS A NOT-FOR-PROFIT CORPORATION IN THE COMMONWEALTH OF PENNSYLVANIA AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISION OF SECTION 501 (C)(4) OF THE INTERNAL REVENUE CODE AND NONE OF ITS PRESENT OR ANTICIPATED FUTURE ACTIVITIES ARE SUBJECT TO UNRELATED BUSINESS INCOME. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. UNCERTAIN TAX POSITIONS ARE EVALUATED IN ACCORDANCE WITH FASB ASC 740-10. FASB ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD OF MORE-THAN-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. FASB ASC 740-10 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. THE ORGANIZATION HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS OR ACCRUED INTEREST OR PENALTIES AT DECEMBER 31, 2016 AND 2015. THE ORGANIZATION FILES FEDERAL FORM 990, RETURN OF ORGANIZATIONS EXEMPT FROM TAX, WITH THE UNITED STATES INTERNAL REVENUE SERVICE AND WITH THE BUREAU OF CHARITABLE ORGANIZATIONS IN PENNSYLVANIA.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOAN CONTINGENCY GAIN 12,182.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt047393
IRS990ScheduleD/TotalLiabilityAmt089545
IRS990ScheduleD/TotalRevenuePerForm990Amt042625
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt054807
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt047393
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LEHIGH'S ECONOMIC ADVANCEMENT PROJECT, INC. HAS A MANAGEMENT AGREEMENT WHEREBY LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION IS APPOINTED AS THE MANAGEMENT AGENT AND ADMINISTRATOR FOR LEAP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE 990 IS SCANNED AND EMAILED TO THE BOARD FOR REVIEW AS SOON AS IT PROVIDED TO THE ORGANIZATION BY THE ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHEN POTENTIAL CONFLICTS OF INTERESTS ARISE, PERSONNEL OF THE MANAGEMENT ENTITY ARE ENCOURAGED TO DISCLOSE THEM TO THE VICE PRESIDENT OF ECONOMIC DEVELOPMENT FINANCING, PRIOR TO ANY TRANSACTION BEING CONSUMATED. POTENTIAL CONFLICTS OF INTEREST IN RELATIONS TO BOARD MEMBERS AND OFFICERS ARE TO BE DISCLOSED TO THE EXECUTIVE COMMITTEE OF THE LEAP BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND 990 AVAILABLE UPON REQUEST. THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOAN CONTINGENCY GAIN 12,182.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0760285
IRS990/TotalAssetsEOYAmt0753007
IRS990/TotalAssetsGrp/BOYAmt0760285
IRS990/TotalAssetsGrp/EOYAmt0753007
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt013500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047393
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt047393
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0159544
IRS990/TotalLiabilitiesEOYAmt0144852
IRS990/TotalLiabilitiesGrp/BOYAmt0159544
IRS990/TotalLiabilitiesGrp/EOYAmt0144852
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0600741
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0608155
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt027265
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01860
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027265
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt042625
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0760285
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0753007
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0600741
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0608155
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt057707
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt055307
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02158 AVENUE C STE 200
IRS990/USAddress/CityNm0BETHLEHEM
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd018017
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HARRY MCGUIRK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06102666775
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEHIGH'S ECONOMIC ADVANCEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0LEHI
ReturnHeader/Filer/EIN0236296874
ReturnHeader/Filer/PhoneNum06102666775
ReturnHeader/Filer/USAddress/AddressLine1Txt02158 AVENUE C NO 200
ReturnHeader/Filer/USAddress/CityNm0BETHLEHEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd018017
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId020180C44CD19C1B55E53D99839CC1390F9D23389
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId075868262217FE8E8BC7549E0A264586FD45B2F5D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.164.169.90
ReturnHeader/FilingSecurityInformation/IPDt02017-08-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$753,007
Liabilities
$144,852
Net assets
$608,155
Revenue
$42,625
Expenses
$47,393
Net income
-$4,768
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.57$1.13$0.18$0.09$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.60$1.04$0.18$0.10$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.62$0.95$0.12$0.09$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.64$0.92$0.08$0.07$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.67$0.91$0.14$0.14$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.59$0.69$0.90$0.08$0.06$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.71$0.89$0.12$0.09$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.16$0.60$0.05$0.06$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.14$0.61$0.04$0.05$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.16$0.60$0.03$0.04$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.18$0.60$0.05$0.05$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.78$0.18$0.60$0.04$0.04$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.19$0.60$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.06$0.73$0.06