Civic Intelligence

Lambs Residence Number III Inc

EIN 36-4352491 • 501(c)3 • Libertyville, IL

Profile

Residential program for disabled adults.

14245 W Rockland Road PO Box 520Libertyville, IL 60048

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.72x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

6.80x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

45th percentile

2.1%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

47th percentile

5.8%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$1,615,717

Down $8,006 (-0.5%) from 2023

Liabilities

Up

$1,158,610

Up $56,180 (+5.1%) from 2023

Net Assets

Down

$457,107

Down $64,186 (-12%) from 2023

Revenue

Up

$170,382

Up $12,235 (+7.7%) from 2023

Expenses

Up

$234,568

Up $17,130 (+7.9%) from 2023

Net Income

Down

-$64,186

Down $4,895 (-8.3%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,926,041Liabilities 2011: $397,826Net Assets 2011: $1,528,2152011Assets 2012: $1,881,511Liabilities 2012: $482,771Net Assets 2012: $1,398,7402012Assets 2013: $1,838,932Liabilities 2013: $571,441Net Assets 2013: $1,267,4912013Assets 2014: $1,791,590Liabilities 2014: $590,925Net Assets 2014: $1,200,6652014Assets 2015: $1,756,142Liabilities 2015: $662,085Net Assets 2015: $1,094,0572015Assets 2016: $1,732,935Liabilities 2016: $761,549Net Assets 2016: $971,3862016Assets 2017: $1,815,592Liabilities 2017: $877,337Net Assets 2017: $938,2552017Assets 2018: $1,694,189Liabilities 2018: $847,995Net Assets 2018: $846,1942018Assets 2019: $1,548,330Liabilities 2019: $782,856Net Assets 2019: $765,4742019Assets 2020: $1,555,043Liabilities 2020: $862,698Net Assets 2020: $692,3452020Assets 2021: $1,597,886Liabilities 2021: $944,531Net Assets 2021: $653,3552021Assets 2022: $1,549,777Liabilities 2022: $969,193Net Assets 2022: $580,5842022Assets 2023: $1,623,723Liabilities 2023: $1,102,430Net Assets 2023: $521,2932023Assets 2024: $1,615,717Liabilities 2024: $1,158,610Net Assets 2024: $457,1072024

Highlighted filing

2024

Assets$1,615,717
Liabilities$1,158,610
Net Assets$457,107

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KExpenses 2011: $189,6822011Expenses 2012: $199,7622012Expenses 2013: $201,5472013Revenue 2014: $133,850Expenses 2014: $200,676Net Income 2014: -$66,8262014Revenue 2015: $86,130Expenses 2015: $192,738Net Income 2015: -$106,6082015Revenue 2016: $90,235Expenses 2016: $212,906Net Income 2016: -$122,6712016Revenue 2017: $208,503Expenses 2017: $241,634Net Income 2017: -$33,1312017Revenue 2018: $134,787Expenses 2018: $226,848Net Income 2018: -$92,0612018Revenue 2019: $149,783Expenses 2019: $230,503Net Income 2019: -$80,7202019Revenue 2020: $149,087Expenses 2020: $222,216Net Income 2020: -$73,1292020Revenue 2021: $158,746Expenses 2021: $197,736Net Income 2021: -$38,9902021Revenue 2022: $152,326Expenses 2022: $225,097Net Income 2022: -$72,7712022Revenue 2023: $158,147Expenses 2023: $217,438Net Income 2023: -$59,2912023Revenue 2024: $170,382Expenses 2024: $234,568Net Income 2024: -$64,1862024

Highlighted filing

2024

Revenue$170,382
Expenses$234,568
Net Income-$64,186

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.62$1.16$0.46$0.17$0.23$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.62$1.10$0.52$0.16$0.22$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.55$0.97$0.58$0.15$0.23$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.94$0.65$0.16$0.20$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.56$0.86$0.69$0.15$0.22$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.55$0.78$0.77$0.15$0.23$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.85$0.85$0.13$0.23$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.82$0.88$0.94$0.21$0.24$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.76$0.97$0.09$0.21$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.76$0.66$1.09$0.09$0.19$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.79$0.59$1.20$0.13$0.20$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.57$1.27$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.48$1.40$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.40$1.53$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$170,382
Mission and Program Overview

Mission

Residential program for disabled adults.

Residential program for adults with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,186,110$1,121,175▼ $64,935
Pledges and Grants Receivable$15,569$26,670▲ $11,101
Cash and Non-Interest-Bearing Accounts$125,956$20,540▼ $105,416
Savings and Temporary Cash Investments$7,498$6,754▼ $744
Total Assets$1,623,723$1,615,717▼ $8,006
Other Assets Total$288,590$440,578▲ $151,988
Liabilities
Other Liabilities$1,097,930$1,141,301▲ $43,371
Accounts Payable and Accrued Expenses$4,500$17,309▲ $12,809
Total Liabilities$1,102,430$1,158,610▲ $56,180
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,628,200$1,628,200→ $0
Net Assets Without Donor Restrictions$-1,106,907$-1,171,093▼ $64,186
Total Net Assets Fund Balance$521,293$457,107▼ $64,186
Total Liabilities and Net Assets / Fund Balance$1,623,723$1,615,717▼ $8,006

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,055,002$1,148,064$2,203,066
Equipment$66,173$123,805$189,978
Other Assets Org$440,578--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Richard NonnweilerTreasurerPT$121,599$121,599

Board Members and Trustees

NameTitle
Kathleen BureschPresident
Chris BreckDirector
Joe MilburnDirector
Melvin KatzDirector
Kathy McmeinsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$170,061
Investment Income
$321
Other Revenue
$0
Change in Net Assets
$-64,186

Audited Revenue Reconciliation

Revenue per Audited Statements
$170,382
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$170,382
Total Revenue per Form 990
$170,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$203,254
Salaries, Compensation, and Employee Benefits$31,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$65,998--$65,998
Fees for Services Other-$30,988-$30,988
Insurance$29,218--$29,218
Occupancy$25,452--$25,452
Other Salaries and Wages$20,081$5,281-$25,362
Fees for Services Management-$12,728-$12,728
Payroll Taxes$4,713$1,239-$5,952
Other Expenses$5,697$1,043-$5,697
Total Functional Expenses$183,289$51,279$0$234,568

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$234,568
Total Expenses per Audited Statements$234,568
Total Expenses per Form 990$234,568
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$1,134,547
Tenant Deposits$6,754
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Lambs residence iii has contracted with the lambs farm, inc (fein 36-2474251) for services performed on the lambs residence iii behalf. Management fees for the year ended june 30, 2024 totaled $12,728. Monthly management fees are calculated at the lesser of 8.75% of gross rental revenue or $73 per unit.

Form 990, Part VI, Section B, Line 11B

The board retains the services of an independent cpa firm to prepare the organization's 990. At the time the audit and final results are discussed with the audit and finance committee of the board, they also review the key data that will be included in the 990 return. Management reviews the completed 990 for accuracy prior to filing. The 990 is available to the board upon request.

Form 990, Part VI, Section B, Line 12C

Officer's, directors and key employees are annually required to complete a conflict of interest disclosure statement as a precursor to their service to the organization. All forms are reviewed by the ceo/president and also reviewed by the independent cpa's as part of their annual audit. The secretary is responsible to make sure they are all collected. Any submissions made by the ceo/president are reviewed by the external auditors.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available through applicable government agencies. The conflict of interest policy is available upon written request.

Filing and Contact Details

Filer

Filer Name
Lambs Residence Number Iii Inc
EIN
36-4352491
Phone
8473624636
Address
14245 W ROCKLAND ROAD PO BOX 520, LIBERTYVILLE, IL 60048

Signing Officer

Name
Richard Nonnweiler
Title
Treasurer
Phone
8473624636
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Buresch
Formed
1999
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Sikich LLC
Address
1415 W DIEHL RD SUITE 400, NAPERVILLE, IL 60563-2349
Preparer
Heather Bonifas CPA
Phone
6305668400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 0. Management and general expenses 30,988. Fundraising expenses 0. Total expenses 30,988.

Financial Statement Notes

PART X, LINE 2:

Lambs, lambs two and lambs three are nonprofit corporations as described in section 501(c)(3) of the internal revenue code (the code) and are exempt from the federal and state income taxes on related income pursuant to section 509(a) of the code as other than a private foundation. The organizations evaluate their uncertain tax positions on an annual basis, and there have been no recorded uncertain tax positions recorded in 2024 and 2023. Therefore, no provision or liability for income taxes has been included in the consolidated financial statements. The organizations file various federal or state non-profit tax returns. The organizations are no longer subject to u.s. Federal or state examinations by tax authorities for tax years prior to 2020.

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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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IRS990/PYTotalExpensesAmt0217438
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0158147
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-64186
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0170061
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07498
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06754
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0321
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0159
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0507
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0170061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0157988
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0152315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0158737
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0149079
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0788180
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0321
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0159
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0507
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt0788180
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0158737
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0149079
IRS990ScheduleA/Total509Grp/TotalAmt0788180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0170382
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0158147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0152326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0158745
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0149087
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0788687
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01055002
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01148064
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02203066
IRS990ScheduleD/EquipmentGrp/BookValueAmt066173
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0123805
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0189978
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0234568
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0440578
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06754
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11134547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0170382
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LAMBS, LAMBS TWO AND LAMBS THREE ARE NONPROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND ARE EXEMPT FROM THE FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 509(A) OF THE CODE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATIONS EVALUATE THEIR UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS, AND THERE HAVE BEEN NO RECORDED UNCERTAIN TAX POSITIONS RECORDED IN 2024 AND 2023. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATIONS FILE VARIOUS FEDERAL OR STATE NON-PROFIT TAX RETURNS. THE ORGANIZATIONS ARE NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01121175
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0440578
IRS990ScheduleD/TotalExpensesPerForm990Amt0234568
IRS990ScheduleD/TotalLiabilityAmt01141301
IRS990ScheduleD/TotalRevenuePerForm990Amt0170382
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0170382
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0234568
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0198029
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt09450
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KATHLEEN BURESCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0207479
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAMBS RESIDENCE III HAS CONTRACTED WITH THE LAMBS FARM, INC (FEIN 36-2474251) FOR SERVICES PERFORMED ON THE LAMBS RESIDENCE III BEHALF. MANAGEMENT FEES FOR THE YEAR ENDED JUNE 30, 2024 TOTALED $12,728. MONTHLY MANAGEMENT FEES ARE CALCULATED AT THE LESSER OF 8.75% OF GROSS RENTAL REVENUE OR $73 PER UNIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S 990. AT THE TIME THE AUDIT AND FINAL RESULTS ARE DISCUSSED WITH THE AUDIT AND FINANCE COMMITTEE OF THE BOARD, THEY ALSO REVIEW THE KEY DATA THAT WILL BE INCLUDED IN THE 990 RETURN. MANAGEMENT REVIEWS THE COMPLETED 990 FOR ACCURACY PRIOR TO FILING. THE 990 IS AVAILABLE TO THE BOARD UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICER'S, DIRECTORS AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A PRECURSOR TO THEIR SERVICE TO THE ORGANIZATION. ALL FORMS ARE REVIEWED BY THE CEO/PRESIDENT AND ALSO REVIEWED BY THE INDEPENDENT CPA'S AS PART OF THEIR ANNUAL AUDIT. THE SECRETARY IS RESPONSIBLE TO MAKE SURE THEY ARE ALL COLLECTED. ANY SUBMISSIONS MADE BY THE CEO/PRESIDENT ARE REVIEWED BY THE EXTERNAL AUDITORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENT AGENCIES. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,988. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,988.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE LAMBS FARM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1THE LAMBS FARM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LAMBS CARE TRUST INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE LAMBS FARM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2LAMBS RESIDENCE NUMBER TWO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363677340
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1362474251
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2364352491
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO HELP ADULTS WITH DISABILITIES MEET HEALTH AND FINANCIAL NEEDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EMPOWER PEOPLE WITH DEVELOPMENTAL DISABILITIES TO LEAD FULFILLED LIVES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2RESIDENTIAL PROGRAMS FOR ADULTS WITH DISABILITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 520
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 520
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2PO BOX 520
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LIBERTYVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1LIBERTYVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2LIBERTYVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060048
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd160048
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd260048
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

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