Civic Intelligence

Lma Foundation

990EZ • Fiscal year 2014 • EIN 27-2493281

Jan 01, 2014 to Dec 31, 2014 • Filed on May 29, 2015

Organization ProfileN/A
PO Box 451391Laredo, TX 78045

(956) 791-2143

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2014

Revenue Growth

47th percentile

-0.1%

Faster revenue growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$48,283

Up $13,674 (+40%) from 2012

Net Assets

Up

$48,283

Up $13,674 (+40%) from 2012

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin85th percentile

Revenue

Down

$33,463

Down $36 (-0.1%) from 2012

Expenses

Up

$23,000

Up $1,515 (+7.1%) from 2012

Net Income

Down

$10,463

Down $1,551 (-13%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

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

$60K$40K$20K$0Assets 2012: $34,609Net Assets 2012: $34,6092012Assets 2014: $48,283Net Assets 2014: $48,2832014Assets 2015: $22,394Net Assets 2015: $22,3942015

Highlighted filing

2014

Assets$48,283
Liabilities-
Net Assets$48,283
Open 2014 Filing

Operations Trend

Revenue Growth47th percentile

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

$40K$20K$0-$20K-$40KRevenue 2012: $33,499Expenses 2012: $21,485Net Income 2012: $12,0142012Revenue 2014: $33,463Expenses 2014: $23,000Net Income 2014: $10,4632014Revenue 2015: $8,321Expenses 2015: $33,527Net Income 2015: -$25,2062015

Highlighted filing

2014

Revenue$33,463
Expenses$23,000
Net Income$10,463
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 29, 2015
Return Version
2014v5.0
Gross Receipts
$44,205
Mission and Program Overview

Mission

The purposes of the LMA Foundation include fostering educational programs for local students through direct scholarships, endowments or funding of programs. Proceeds from any and all fund raising events will be awarded to students, Universities or Colleges as approved by the Board of Trustees after payment of expenses incurred.

Program Services

DescriptionGrantsExpenses
In accordance with the Foundation's mission, funds were raised in order to provide scholarships to deserving students who might otherwise find it difficult to obtain the financial means necessary to attend college or university.$18,000-
The LMA Foundation made a $5,000 contribution to Texas A&M International University's "YES" Camp Program. "Yes" camp was started in 1998 and is an entrepreneurship summer camp for high school students.$5,000-
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William GreenTrustee-$0--
Ivan RodriguezTrustee-$0--
Ed SherwoodTrustee-$0--
Mark PeaseTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Scholarship Fund Golf Tournament$42,058$10,742$10,742$0
Total Events$42,058$10,742$10,742-
Filing and Contact Details

Filer

Filer Name
LMA Foundation
EIN
27-2493281
Phone
9567912143
Address
PO Box 451391, Laredo, TX 78045

Signing Officer

Name
William Green
Title
Trustee
Signed
2015-05-29
Discuss with paid preparer
Yes

Preparer

Firm
Canales Garza & Baum Pllc
Address
PO BOX 3627, LAREDO, TX 78044-3627
Preparer
Aaron Canales CPA
Phone
9567241111
Supplemental Narrative

Additional Explanations

Other Revenue.1

“30th Anniversary $2147”

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: Community Outreach | Donee's Name: High School Students | Cash Amount Given: $11000”

Grants and Similar Amounts Paid In Excess of $5,000.3

“Class of Activity: Community Outreach | Donee's Name: Tecnologico De Nuevo Laredo | Cash Amount Given: $7000”

Raw XML Appendix148 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0William Green
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
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IRS990EZ/OtherRevenueTotalAmt02147
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt018000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt15000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt010742
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023000
IRS990EZ/TotalProgramServiceExpensesAmt023000
IRS990EZ/TotalRevenueAmt033463
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt033581
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt033499
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010742
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt030th Anniversary $2147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: Community Outreach | Donee's Name: High School Students | Cash Amount Given: $11000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Class of Activity: Community Outreach | Donee's Name: Tecnologico De Nuevo Laredo | Cash Amount Given: $7000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.3
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William Green
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LMA Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LMAF
ReturnHeader/Filer/EIN0272493281
ReturnHeader/Filer/PhoneNum09567912143
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 451391
ReturnHeader/Filer/USAddress/CityNm0Laredo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078045
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 3627
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAREDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0780443627
ReturnHeader/PreparerPersonGrp/PhoneNum09567241111
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aaron Canales CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-05-29T09:41:32-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,283
Liabilities
-
Net assets
$48,283
Revenue
$33,463
Expenses
$23,000
Net income
$10,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$22.4$22.4$8.32$33.5$25.2
2014Detailed filing. Detailed filing data is available for this year.$48.3$48.3$33.5$23.0$10.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.6$34.6$33.5$21.5$12.0