Civic Intelligence

Lgs Foundation Inc

990 • Fiscal year 2017 • EIN 26-2051377

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

80 Orville Drive Suite 100Bohemia, NY 11716

(718) 374-3800

Siviq Scores

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

Liabilities / Assets

91st percentile

0.64x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

0.60x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$69,643

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

20th percentile

-20%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$401,865

Down $102,160 (-20%) from 2016

Net Assets

Down

$145,554

Down $52,862 (-27%) from 2016

Liabilities

Down

$256,311

Down $49,298 (-16%) from 2016

Revenue

Up

$426,999

Up $90,443 (+27%) from 2016

Expenses

Up

$479,861

Up $173,161 (+56%) from 2016

Net Income

Down

-$52,862

Down $82,718 (-277%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $5,135Liabilities 2010: $6,301Net Assets 2010: -$1,1662010Assets 2011: $57,210Liabilities 2011: $905Net Assets 2011: $56,3052011Assets 2012: $54,939Liabilities 2012: $2,810Net Assets 2012: $52,1292012Assets 2013: $352,259Liabilities 2013: $245,000Net Assets 2013: $107,2592013Assets 2014: $286,678Liabilities 2014: $152,824Net Assets 2014: $133,8542014Assets 2015: $325,521Liabilities 2015: $156,961Net Assets 2015: $168,5602015Assets 2016: $504,025Liabilities 2016: $305,609Net Assets 2016: $198,4162016Assets 2017: $401,865Liabilities 2017: $256,311Net Assets 2017: $145,5542017Assets 2018: $620,048Liabilities 2018: $331,654Net Assets 2018: $288,3942018Assets 2019: $623,167Liabilities 2019: $236,308Net Assets 2019: $386,8592019Assets 2020: $1,393,791Liabilities 2020: $224,216Net Assets 2020: $1,169,5752020Assets 2021: $1,489,428Liabilities 2021: $257,400Net Assets 2021: $1,232,0282021Assets 2022: $1,598,197Liabilities 2022: $382,191Net Assets 2022: $1,216,0062022Assets 2023: $1,281,404Liabilities 2023: $243,658Net Assets 2023: $1,037,7462023Assets 2024: $984,047Liabilities 2024: $260,544Net Assets 2024: $723,5032024

Highlighted filing

2017

Assets$401,865
Liabilities$256,311
Net Assets$145,554

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $59,167Expenses 2010: $60,333Net Income 2010: -$1,1662010Revenue 2011: $138,217Expenses 2011: $94,208Net Income 2011: $44,0092011Revenue 2012: $89,368Expenses 2012: $93,544Net Income 2012: -$4,1762012Revenue 2013: $245,752Expenses 2013: $156,521Net Income 2013: $89,2312013Revenue 2014: $292,077Expenses 2014: $265,482Net Income 2014: $26,5952014Revenue 2015: $214,368Expenses 2015: $179,662Net Income 2015: $34,7062015Revenue 2016: $336,556Expenses 2016: $306,700Net Income 2016: $29,8562016Revenue 2017: $426,999Expenses 2017: $479,861Net Income 2017: -$52,8622017Revenue 2018: $424,900Expenses 2018: $282,060Net Income 2018: $142,8402018Revenue 2019: $774,334Expenses 2019: $663,108Net Income 2019: $111,2262019Revenue 2020: $1,165,055Expenses 2020: $382,339Net Income 2020: $782,7162020Revenue 2021: $785,563Expenses 2021: $723,112Net Income 2021: $62,4512021Revenue 2022: $1,363,205Expenses 2022: $1,379,227Net Income 2022: -$16,0222022Revenue 2023: $1,070,661Expenses 2023: $1,253,284Net Income 2023: -$182,6232023Revenue 2024: $1,248,197Expenses 2024: $1,565,600Net Income 2024: -$317,4032024

Highlighted filing

2017

Revenue$426,999
Expenses$479,861
Net Income-$52,862
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$440,348
Mission and Program Overview

Mission

The lgs foundation is dedicated to improving the lives of individuals living with lennox-gastaut syndrome, a rare and catastrophic form of epilepsy, through research, programs and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$300,222$225,381▼ $74,841
Cash and Non-Interest-Bearing Accounts$195,362$175,426▼ $19,936
Accounts Receivable$7,000--
Prepaid Expenses and Deferred Charges$383--
Total Assets$504,025$401,865▼ $102,160
Other Assets Total$1,058$1,058→ $0
Liabilities
Deferred Revenue$300,000$225,000▼ $75,000
Accounts Payable and Accrued Expenses$5,609$31,311▲ $25,702
Total Liabilities$305,609$256,311▼ $49,298
Net Assets / Fund Balance
Unrestricted Net Assets$198,416$145,554▼ $52,862
Total Net Assets Fund Balance$198,416$145,554▼ $52,862
Total Liabilities and Net Assets / Fund Balance$504,025$401,865▼ $102,160
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christina SaninocencioBoard MemberFT$69,643$69,643

Board Members and Trustees

NameTitle
Melanie Huntley PhdPresident
Christopher Mitchell JdBoard Member
Dale ToddBoard Member
Elizabeth TerryBoard Member
Natalie GilmoreBoard Member
Kelly ArangoTreasurer
John Currier MbaVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$397,945
Program Service Revenue
$13,330
Investment Income
$159
Other Revenue
$15,565
All Other Contributions
$397,945
Change in Net Assets
$-52,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$379,861
Grants and Similar Amounts Paid$100,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$164,868--$164,868
Grants to Domestic Orgs$75,000--$75,000
Conferences and Meetings$25,073--$25,073
Foreign Grants$25,000--$25,000
Occupancy-$7,385-$7,385
Office Expenses-$7,100-$7,100
Travel$6,268--$6,268
Fees for Services Accounting-$2,430-$2,430
Insurance-$1,936-$1,936
Advertising-$908-$908
Other Expenses$161,946$260-$260
All Other Expenses-$75-$75
Total Functional Expenses$458,155$21,706$0$479,861
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cure EpilepsyChicago, IL-Medical Research$50,000
Ut Southwestern Medical CenterDallas, TX-Medical Research$25,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,914
Fundraising Direct Expenses$13,349
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walk for Epilep$15,204$15,204$4,599$10,605
Lgs Awareness D$9,589$9,589$6,634$2,955
Total Events$24,793$24,793$11,233$13,560
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
Yes
Audit committee
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
No
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

President of the organization reviews the 990.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Lgs Foundation Inc
EIN
26-2051377
Phone
7183743800
Address
80 ORVILLE DRIVE SUITE 100, BOHEMIA, NY 11716

Signing Officer

Name
Christina Saninocencio
Title
Board Member Emeritu
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina Saninocencio
Formed
2008
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Ge Macodnald & Co Ltd
Address
550 ROUTE 25A, ROCKY POINT, NY 11778
Preparer
George E Macdonald
Phone
6317440531
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990/TravelGrp/TotalAmt06268
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/VotingMembersIndependentCnt08
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER EMERITU
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LGS FOUNDATION INC
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ReturnHeader/Filer/EIN0262051377
ReturnHeader/Filer/PhoneNum07183743800
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.220.76.2
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm017:12:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113497857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GE MACODNALD & CO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0550 ROUTE 25A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKY POINT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011778
ReturnHeader/PreparerPersonGrp/PhoneNum06317440531
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE E MACDONALD
ReturnHeader/ReturnTs02018-11-15T18:12:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.98$0.26$0.72$1.25$1.57$0.32
2023Detailed filing. Detailed filing data is available for this year.$1.28$0.24$1.04$1.07$1.25$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.38$1.22$1.36$1.38$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.49$0.26$1.23$0.79$0.72$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.22$1.17$1.17$0.38$0.78
2019Detailed filing. Detailed filing data is available for this year.$0.62$0.24$0.39$0.77$0.66$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.62$0.33$0.29$0.42$0.28$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.26$0.15$0.43$0.48$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.31$0.20$0.34$0.31$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.16$0.17$0.21$0.18$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.15$0.13$0.29$0.27$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.25$0.11$0.25$0.16$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.09$0.09$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.14$0.09$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.00$0.06$0.06$0.00