Civic Intelligence

Lma Foundation

990EZ • Fiscal year 2015 • EIN 27-2493281

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 15, 2016

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 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

2nd percentile

-303%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

8th percentile

-54%

Faster asset growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

4th percentile

-75%

Faster revenue growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$22,394

Down $25,889 (-54%) from 2014

Net Assets

Down

$22,394

Down $25,889 (-54%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$8,321

Down $25,142 (-75%) from 2014

Expenses

Up

$33,527

Up $10,527 (+46%) from 2014

Net Income

Down

-$25,206

Down $35,669 (-341%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth8th 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

2015

Assets$22,394
Liabilities-
Net Assets$22,394
Open 2015 Filing

Operations Trend

Revenue Growth4th 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

2015

Revenue$8,321
Expenses$33,527
Net Income-$25,206
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 15, 2016
Return Version
2015v2.0
Gross Receipts
$38,501
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.$28,527-
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 Pay75th 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$31,047$22,676$22,676$0
30th Anniversary$7,454$7,454$7,504$-50
Total Events$38,501$30,130$30,180$-50
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
2016-08-15
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

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: $28527”

Raw XML Appendix151 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/OperateHospitalInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-683
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt15000
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsDirectExpensesAmt030180
IRS990EZ/SpecialEventsNetIncomeLossAmt0-50
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt033527
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IRS990EZ/TotalRevenueAmt08321
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: Community Outreach | Donee's Name: High School Students | Cash Amount Given: $28527
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William Green
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
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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/CityNm0LAREDO
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0780443627
ReturnHeader/PreparerPersonGrp/PhoneNum09567241111
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aaron Canales CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-08-15T10:43:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,394
Liabilities
-
Net assets
$22,394
Revenue
$8,321
Expenses
$33,527
Net income
-$25,206
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