Civic Intelligence

L2L Inc.

990 • Fiscal year 2023 • EIN 32-0225984

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

PO Box 36Rock Spring, GA 30739

(423) 432-8417

Siviq Scores

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

Liabilities / Assets

44th percentile

0.01x

Higher debt load relative to assets than 44% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

42nd percentile

0.01x

Higher debt load relative to revenue than 42% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

83rd percentile

33%

Higher net margin than 83% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

81st percentile

$81,894

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 23.3% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

85th percentile

42%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

74%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$385,361

Up $113,105 (+42%) from 2022

Net Assets

Up

$382,603

Up $115,113 (+43%) from 2022

Liabilities

Down

$2,758

Down $2,008 (-42%) from 2022

Revenue

Up

$351,567

Up $149,775 (+74%) from 2022

Expenses

Up

$236,833

Up $4,475 (+1.9%) from 2022

Net Income

Up

$114,734

Up $145,300 (+475%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2021: $304,024Liabilities 2021: $5,968Net Assets 2021: $298,0562021Assets 2022: $272,256Liabilities 2022: $4,766Net Assets 2022: $267,4902022Assets 2023: $385,361Liabilities 2023: $2,758Net Assets 2023: $382,6032023Assets 2024: $375,538Liabilities 2024: $1,660Net Assets 2024: $373,8782024

Highlighted filing

2023

Assets$385,361
Liabilities$2,758
Net Assets$382,603

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2021: $226,191Expenses 2021: $226,368Net Income 2021: -$1772021Revenue 2022: $201,792Expenses 2022: $232,358Net Income 2022: -$30,5662022Revenue 2023: $351,567Expenses 2023: $236,833Net Income 2023: $114,7342023Revenue 2024: $174,570Expenses 2024: $183,295Net Income 2024: -$8,7252024

Highlighted filing

2023

Revenue$351,567
Expenses$236,833
Net Income$114,734
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$541,567
Mission and Program Overview

Mission

To present Jesus Christ as Savior and Lord to business and professional men and to develop Christian business and professional men to carry out the Great Commission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$82,256$382,276▲ $300,020
Land, Buildings, and Equipment, Net$190,000--
Prepaid Expenses and Deferred Charges-$3,085-
Total Assets$272,256$385,361▲ $113,105
Liabilities
Accounts Payable and Accrued Expenses$4,766$2,758▼ $2,008
Total Liabilities$4,766$2,758▼ $2,008
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$169,080$297,071▲ $127,991
Net Assets With Donor Restrictions$98,410$85,532▼ $12,878
Total Net Assets Fund Balance$267,490$382,603▲ $115,113
Total Liabilities and Net Assets / Fund Balance$272,256$385,361▲ $113,105
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry ColwellMetro Co-DirectorFT$50,160$31,734$81,894
Dave HillMetro Co-DirectorFT$34,196$31,819$66,015

Board Members and Trustees

NameTitle
Fred HartDirector
Greg MayfieldDirector
Lee ONealDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$182,667
Program Service Revenue
$35,290
Investment Income
$133,610
Other Revenue
$0
All Other Contributions
$182,667
Change in Net Assets
$114,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$147,909
Other Expenses$88,924
Total Fundraising Expense$26,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$118,327$14,791$14,791$147,909
Other Expenses$18,768$1,425$1,424$18,768
Occupancy$4,089$4,089$4,089$12,267
Fees for Services Accounting$2,755$2,755$2,756$8,266
Office Expenses$1,515$1,515$1,515$4,545
Travel$2,986$373$373$3,732
Insurance$1,140$1,140$1,139$3,419
Conferences and Meetings$1,681-$187$1,868
Information Technology$396$396$396$1,188
Total Functional Expenses$183,679$26,484$26,670$236,833
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
Backup withholding compliance
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

Committee meeting documentation Part VI line 8B

L2L does not utilize committees.

Form 990 governing body review Part VI line 11

L2L Board of Directors have opportunity to review Form 990 prior to filing.

Conflict of interest policy compliance Part VI line 12C

At annual Board meeting, Directors are required to disclose any potential conflict of interest or violation of conflict of interest policy.

CEO executive director top management comp Part VI line 15A

Compensation for L2Ls two staff employees is determined by comparability testing and reasonableness relative to position, responsibilities and geographic cost of living requirements.

Other officer or key employee compensation Part VI line 15B

Compensation for L2Ls two staff employees is determined by comparability testing and reasonableness relative to position, responsibilities and geographic cost of living requirements

Governing documents etc available to public Part VI line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
L2L Inc
EIN
32-0225984
Address
PO Box 36, Rock Spring, GA 30739

Signing Officer

Name
Terry Colwell
Title
Director
Phone
4047366517
Signed
2024-05-15
Discuss with paid preparer
No

Organization Details

Formed
1974
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
3
Employees
2

Preparer

Firm
David Gaither CPA
Address
PO Box 355, Chickamauga, GA 30707
Preparer
David Gaither
Phone
4234328417
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0L2L does not utilize committees.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2At annual Board meeting, Directors are required to disclose any potential conflict of interest or violation of conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for L2Ls two staff employees is determined by comparability testing and reasonableness relative to position, responsibilities and geographic cost of living requirements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation for L2Ls two staff employees is determined by comparability testing and reasonableness relative to position, responsibilities and geographic cost of living requirements
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
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IRS990/TotalProgramServiceRevenueAmt035290
IRS990/TotalReportableCompFromOrgAmt084356
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0168900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0351567
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0272256
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0385361
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0373
IRS990/TravelGrp/ManagementAndGeneralAmt0373
IRS990/TravelGrp/ProgramServicesAmt02986
IRS990/TravelGrp/TotalAmt03732
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.l2l.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Terry Colwell
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04047366517
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0L2L Inc
ReturnHeader/Filer/BusinessNameControlTxt0L2LI
ReturnHeader/Filer/EIN0320225984
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 36
ReturnHeader/Filer/USAddress/CityNm0Rock Spring
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030739
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David Gaither CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 355
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chickamauga
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030707
ReturnHeader/PreparerPersonGrp/PhoneNum04234328417
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Gaither
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-15T14:32:07-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Terry
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Colwell
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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