Civic Intelligence

Lifepointe Charitable Endowment Inc

990EZ • Fiscal year 2016 • EIN 26-3776538

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 01, 2018

Organization ProfileWWW.LIFEPOINTCE.ORG
802 Red Leaf LaneHouston, TX 77090

(281) 235-6000

Siviq Scores

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

Liabilities / Assets

99th percentile

18.35x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

51st percentile

2.1%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$24,003

Up $497 (+2.1%) from 2015

Net Assets

Down

-$416,467

Down $198,376 (-91%) from 2015

Liabilities

Up

$440,470

Up $198,873 (+82%) from 2015

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$198,376

Up $81,179 (+69%) from 2015

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$500K$0-$500KAssets 2012: $413,216Liabilities 2012: $350,000Net Assets 2012: $63,2162012Assets 2013: $190,922Liabilities 2013: $82,038Net Assets 2013: $108,8842013Assets 2014: $100,072Liabilities 2014: $204,295Net Assets 2014: -$104,2232014Assets 2015: $23,506Liabilities 2015: $241,597Net Assets 2015: -$218,0912015Assets 2016: $24,003Liabilities 2016: $440,470Net Assets 2016: -$416,4672016Assets 2017: $14,275Liabilities 2017: $484,893Net Assets 2017: -$470,6182017

Highlighted filing

2016

Assets$24,003
Liabilities$440,470
Net Assets-$416,467
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200K-$400KExpenses 2012: $141,9242012Revenue 2013: $280,961Expenses 2013: $235,293Net Income 2013: $45,6682013Revenue 2014: $58,098Expenses 2014: $271,205Net Income 2014: -$213,1072014Revenue 2015: $3,329Expenses 2015: $117,197Net Income 2015: -$113,8682015Expenses 2016: $198,3762016Expenses 2017: $56,1952017

Highlighted filing

2016

Revenue-
Expenses$198,376
Net Income-
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 1, 2018
Return Version
2016v3.0
Mission and Program Overview

Mission

We help charities thrive. Lifepoint collects donations of life insurance policies from seniors who then name the charities they want to benefit from their life policy. Lifepoint works to secure cash donations and loans to pay premium obligations

To help other charities thrive through donations of unwanted life insurance policies collected from seniors

Program Services

DescriptionGrantsExpenses
TO PROMOTE THE DONANTION OF UNWANTED LIFE INSURANCE POLICIES BY SENIORS TO BENEFIT THE GOOD WORK CHARITIES ARE DOING IN THEIR RESPECTIVE COMMUNITIES-$153,903
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DALE E TONEYCEOFT$0--
JAMES B MCELRAVYCFOPT$0--
Filing and Contact Details

Filer

Filer Name
Lifepointe Charitable Endowment Inc
EIN
26-3776538
Phone
2812356000
Address
802 RED LEAF LANE, HOUSTON, TX 77090

Signing Officer

Name
Dale E Toney
Title
CEO
Phone
2812356000
Signed
2018-02-01
Discuss with paid preparer
No

Preparer

Firm
Breedlove & Co Pc
Address
17014 Seven Pines Dr, Spring, TX 77379
Preparer
Richard W Breedlove CPA CGMA
Phone
2813791065
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Conferences, conventions, and meetings 23,116”

Form 990-EZ, Part I, Line 16, Other Expenses

“MARKETING 93,037”

Form 990-EZ, Part I, Line 16, Other Expenses

“BANK CHARGES 171”

Form 990-EZ, Part I, Line 16, Other Expenses

“PREMIUM PAYMENTS 39,354”

Form 990-EZ, Part I, Line 16, Other Expenses

“INTEREST EXPENSE 32,476”

Form 990-EZ, Part II, Line 24, Other Assets

“FURNITURE AND EQUIPMENT Beginning of year 4,207, End of year 0”

Form 990-EZ, Part II, Line 26, Liabilities

“ACCOUNTS PAYABLE Beginning of year 674, End of year 2,043”

Form 990-EZ, Part II, Line 26, Liabilities

“NOTES PAYABLE Beginning of year 240,923, End of year 438,427”

Raw XML Appendix141 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DALE E TONEY
IRS990EZ/BooksInCareOfDetail/PhoneNum02812356000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0802 REDLEAF LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077090
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019299
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024003
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-198376
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01769
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023506
IRS990EZ/Form990TotalAssetsGrp/EOYAmt024003
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04407
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-218091
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-416467
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-218091
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-416467
IRS990EZ/OccupancyRentUtltsAndMaintAmt0148
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DALE E TONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES B MCELRAVY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04207
IRS990EZ/OtherExpensesTotalAmt0188154
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO HELP OTHER CHARITIES THRIVE THROUGH DONATIONS OF UNWANTED LIFE INSURANCE POLICIES COLLECTED FROM SENIORS
IRS990EZ/PrintingPublicationsPostageAmt03898
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE THE DONANTION OF UNWANTED LIFE INSURANCE POLICIES BY SENIORS TO BENEFIT THE GOOD WORK CHARITIES ARE DOING IN THEIR RESPECTIVE COMMUNITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0153903
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0241597
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0440470
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0198376
IRS990EZ/TotalProgramServiceExpensesAmt0153903
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LIFEPOINTCE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt090332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0279871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0374946
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0374946
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt090332
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0279871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04743
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0374946
IRS990ScheduleA/TotalSupportAmt0374946
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0OH
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Conferences, conventions, and meetings 23,116
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARKETING 93,037
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES 171
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREMIUM PAYMENTS 39,354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTEREST EXPENSE 32,476
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FURNITURE AND EQUIPMENT Beginning of year 4,207, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTS PAYABLE Beginning of year 674, End of year 2,043
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NOTES PAYABLE Beginning of year 240,923, End of year 438,427
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DALE E TONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02812356000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFEPOINTE CHARITABLE ENDOWMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0263776538
ReturnHeader/Filer/PhoneNum02812356000
ReturnHeader/Filer/USAddress/AddressLine1Txt0802 RED LEAF LANE
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077090
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BCCD4FD053DA2DC28F88534777BDA2CAD1599B4A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId017CDBD466DB1DEB96501DFAECB7B5B4203336D50
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.192.94.33
ReturnHeader/FilingSecurityInformation/IPDt02018-02-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm015:38:08
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BREEDLOVE & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017014 Seven Pines Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Spring
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077379
ReturnHeader/PreparerPersonGrp/PhoneNum02813791065
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard W Breedlove CPA CGMA
ReturnHeader/ReturnTs02018-02-01T12:38:22-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$24,003
Liabilities
$440,470
Net assets
-$416,467
Revenue
-
Expenses
$198,376
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.14$4.85$4.71$0.56
2016Detailed filing. Detailed filing data is available for this year.$0.24$4.40$4.16$1.98
2015Detailed filing. Detailed filing data is available for this year.$0.24$2.42$2.18$0.03$1.17$1.14
2014Detailed filing. Detailed filing data is available for this year.$1.00$2.04$1.04$0.58$2.71$2.13
2013Detailed filing. Detailed filing data is available for this year.$1.91$0.82$1.09$2.81$2.35$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$3.50$0.63$1.42