Civic Intelligence

Lesedi Foundation

EIN 26-0789091 • 501(c)3 • Wake Forest, NC

Profile

Actively support the ethembeni school for physically disabled and visually impaired children in kwazulu natal, south africa. For more information see www.ethembenischool.org. Also support other charitable organizations.

1214 Rogers Farm RoadWake Forest, NC 27587

balega-socks.implus.com/GIVING-BACK

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

33rd percentile

-16%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

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

Annualized from 2022 to 2024

Assets

Down

$34,758

Down $8,064 (-19%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$34,758

Down $8,064 (-19%) from 2023

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$8,064

Up $1,437 (+22%) from 2023

Net Income

Down

-$8,064

Down $1,437 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $56,098Liabilities 2010: $0Net Assets 2010: $56,0982010Assets 2011: $33,579Liabilities 2011: $0Net Assets 2011: $33,5792011Assets 2012: $61,678Liabilities 2012: $0Net Assets 2012: $61,6782012Assets 2013: $56,768Liabilities 2013: $0Net Assets 2013: $56,7682013Assets 2014: $55,355Liabilities 2014: $0Net Assets 2014: $55,3552014Assets 2016: $41,703Liabilities 2016: $0Net Assets 2016: $41,7032016Assets 2017: $31,741Liabilities 2017: $0Net Assets 2017: $31,7412017Assets 2018: $21,809Liabilities 2018: $0Net Assets 2018: $21,8092018Assets 2019: $29,437Liabilities 2019: $0Net Assets 2019: $29,4372019Assets 2020: $45,601Liabilities 2020: $0Net Assets 2020: $45,6012020Assets 2021: $57,875Liabilities 2021: $0Net Assets 2021: $57,8752021Assets 2022: $49,449Liabilities 2022: $0Net Assets 2022: $49,4492022Assets 2023: $42,822Liabilities 2023: $0Net Assets 2023: $42,8222023Assets 2024: $34,758Liabilities 2024: $0Net Assets 2024: $34,7582024

Highlighted filing

2024

Assets$34,758
Liabilities$0
Net Assets$34,758

Operations Trend

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

$60K$40K$20K$0-$20KExpenses 2010: $1,1502010Expenses 2011: $35,6832011Expenses 2012: $2,3802012Revenue 2013: $6,400Expenses 2013: $11,310Net Income 2013: -$4,9102013Revenue 2014: $13,408Expenses 2014: $14,821Net Income 2014: -$1,4132014Revenue 2016: $4,135Expenses 2016: $18,271Net Income 2016: -$14,1362016Revenue 2017: $5,515Expenses 2017: $15,477Net Income 2017: -$9,9622017Revenue 2018: $2,000Expenses 2018: $11,932Net Income 2018: -$9,9322018Revenue 2019: $9,699Expenses 2019: $2,071Net Income 2019: $7,6282019Revenue 2020: $42,412Expenses 2020: $26,248Net Income 2020: $16,1642020Revenue 2021: $23,687Expenses 2021: $11,413Net Income 2021: $12,2742021Revenue 2022: $0Expenses 2022: $8,426Net Income 2022: -$8,4262022Revenue 2023: $0Expenses 2023: $6,627Net Income 2023: -$6,6272023Revenue 2024: $0Expenses 2024: $8,064Net Income 2024: -$8,0642024

Highlighted filing

2024

Revenue$0
Expenses$8,064
Net Income-$8,064

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.8$0.00$34.8$0.00$8.06$8.06
2023Detailed filing. Detailed filing data is available for this year.$42.8$0.00$42.8$0.00$6.63$6.63
2022Detailed filing. Detailed filing data is available for this year.$49.4$0.00$49.4$0.00$8.43$8.43
2021Detailed filing. Detailed filing data is available for this year.$57.9$0.00$57.9$23.7$11.4$12.3
2020Detailed filing. Detailed filing data is available for this year.$45.6$0.00$45.6$42.4$26.2$16.2
2019Detailed filing. Detailed filing data is available for this year.$29.4$0.00$29.4$9.70$2.07$7.63
2018Detailed filing. Detailed filing data is available for this year.$21.8$0.00$21.8$2.00$11.9$9.93
2017Detailed filing. Detailed filing data is available for this year.$31.7$0.00$31.7$5.52$15.5$9.96
2016Detailed filing. Detailed filing data is available for this year.$41.7$0.00$41.7$4.14$18.3$14.1
2014Detailed filing. Detailed filing data is available for this year.$55.4$0.00$55.4$13.4$14.8$1.41
2013Detailed filing. Detailed filing data is available for this year.$56.8$0.00$56.8$6.40$11.3$4.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.7$0.00$61.7$2.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.6$0.00$33.6$35.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.1$0.00$56.1$1.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 12, 2025
Return Version
2024v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Actively support the ethembeni school for physically disabled and visually impaired children in kwazulu natal, south africa. For more information see www.ethembenischool.org. Also support other charitable organizations.

Actively support the ethembeni school for physically disabled and visually impaired children and other charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,822$34,758▼ $8,064
Rtn Earn Endowment Incm Other Fnds$42,822$34,758▼ $8,064
Total Assets$42,822$34,758▼ $8,064
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$42,822$34,758▼ $8,064
Total Liabilities and Net Assets / Fund Balance$42,822$34,758▼ $8,064
Compensation and Service Providers

Board Members and Trustees

NameTitle
Herbert R PictorPresident
Nancy W PittmanSecretary/tr
Tanya PictorVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-8,064
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,500
Other Expenses$2,564
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,500--$5,500
Fees for Services Accounting-$2,564-$2,564
Total Functional Expenses$5,500$2,564$0$8,064
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
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
Yes
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

Officers review return before filing.

Form 990, Page 6, Part VI, Line 12C

DURING ANNUAL MEETING

Form 990, Page 6, Part VI, Line 15A

No officers receive compensation of any kind

Form 990, Page 6, Part VI, Line 15B

No officers receive compensation of any kind

Form 990, Page 6, Part VI, Line 19

Notice is given on website making all available for inspection of general public

Filing and Contact Details

Filer

Filer Name
Lesedi Foundation
EIN
26-0789091
Phone
8288558116
Address
1214 ROGERS FARM ROAD, WAKE FOREST, NC 27587

Signing Officer

Name
Herbert R Pictor
Title
President
Signed
2025-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Herbert R Pictor
Formed
2007
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Rli-cpa Certified Public Accountants Pc
Address
104 3RD ST NE STE 100, HICKORY, NC 28601-5145
Preparer
Peter M Maxwell CPA
Phone
8283229300
Raw XML Appendix237 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/GrantAmt05500
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/PYGrantsAndSimilarPaidAmt04150
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ReturnHeader/TaxYr02024

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