Civic Intelligence

La-Z-Boy Foundation

990PF • Fiscal year 2019 • EIN 38-6087673

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

One La-z-boy DriveMonroe, MI 48162

(734) 242-1444

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Source year 2019

Net Margin

82nd percentile

33%

Higher net margin than 82% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • $10M-$25M nonprofits • Source year 2019

Asset Growth

49th percentile

3.2%

Faster asset growth than 49% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$21,969,044

Up $679,169 (+3.2%) from 2018

Net Assets

Up

$21,969,044

Up $679,169 (+3.2%) from 2018

Liabilities

Up

$1

Up $1 from 2018

Revenue

Down

$2,044,886

Down $402,473 (-16%) from 2018

Expenses

Down

$1,365,717

Down $77,675 (-5.4%) from 2018

Net Income

Down

$679,169

Down $324,798 (-32%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $17,694,039Liabilities 2011: $02011Assets 2012: $17,980,177Liabilities 2012: $02012Assets 2013: $18,788,696Liabilities 2013: $02013Assets 2014: $19,375,621Liabilities 2014: $02014Assets 2015: $19,853,909Liabilities 2015: $02015Assets 2018: $21,289,875Liabilities 2018: $0Net Assets 2018: $21,289,8752018Assets 2019: $21,969,044Liabilities 2019: $1Net Assets 2019: $21,969,0442019Assets 2020: $23,602,318Liabilities 2020: $1Net Assets 2020: $23,602,3182020Assets 2021: $25,323,311Liabilities 2021: $1Net Assets 2021: $25,323,3112021Assets 2022: $25,512,871Liabilities 2022: $1Net Assets 2022: $25,512,8712022Assets 2023: $25,826,172Liabilities 2023: $12023Assets 2024: $26,398,882Liabilities 2024: $0Net Assets 2024: $26,398,8822024

Highlighted filing

2019

Assets$21,969,044
Liabilities$1
Net Assets$21,969,044

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,279,715Expenses 2011: $1,356,776Net Income 2011: -$77,0612011Revenue 2012: $1,453,631Expenses 2012: $1,167,493Net Income 2012: $286,1382012Revenue 2013: $2,042,116Expenses 2013: $1,233,597Net Income 2013: $808,5192013Revenue 2014: $1,943,856Expenses 2014: $1,356,931Net Income 2014: $586,9252014Revenue 2015: $1,842,201Expenses 2015: $1,363,914Net Income 2015: $478,2872015Revenue 2018: $2,447,359Expenses 2018: $1,443,392Net Income 2018: $1,003,9672018Revenue 2019: $2,044,886Expenses 2019: $1,365,717Net Income 2019: $679,1692019Revenue 2020: $3,128,391Expenses 2020: $1,495,117Net Income 2020: $1,633,2742020Revenue 2021: $3,585,559Expenses 2021: $1,864,566Net Income 2021: $1,720,9932021Revenue 2022: $1,760,771Expenses 2022: $1,571,211Net Income 2022: $189,5602022Revenue 2023: $1,772,767Expenses 2023: $1,489,951Net Income 2023: $282,8162023Revenue 2024: $2,137,415Expenses 2024: $1,564,705Net Income 2024: $572,7102024

Highlighted filing

2019

Revenue$2,044,886
Expenses$1,365,717
Net Income$679,169
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN J VANISACKERAdmin/Treasu-$0--
CHRISTOPHER KNABUSCHPresident-$0--
BETH A LAMBRIXSecretary-$0--
KURT L DARROWDirector-$0--
GREG A BRINKSDirector-$0--
R RAND TUCKERDirector-$0--
Filing and Contact Details

Filer

Filer Name
La-z-boy Foundation
EIN
38-6087673
Phone
7342421444
Address
ONE LA-Z-BOY DRIVE, MONROE, MI 48162

Signing Officer

Name
Susan J Vanisacker
Title
Admin/treasurer
Phone
7342421444
Signed
2020-11-16

Preparer

Firm
Cooley Hehl Sabo & Calkins Pllc
Address
1 SOUTH MONROE, MONROE, MI 48161
Preparer
Nicklaus W Calkins
Phone
7342417200
Raw XML AppendixShowing 400 of 1,259 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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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc8MFO WELLS FARGO FUNDS
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm4GREG A BRINKS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm5R RAND TUCKER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0ADMIN/TREASU
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2SECRETARY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt4DIRECTOR
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm3MONROE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm4MONROE
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0ONE LA-Z-BOY DRIVE
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0ALL QUALIFIED TAX EXEMPT ORGANIZATIONS SEEKING AID FROM THE FOUNDATION SHOULD MAKE AN INITIAL APPROACH BY LETTER BRIEFLY DESCRIBING THE BASIC NEED. THE FOUNDATION DOES NOT PROVIDE FORMAL GRANT APPLICATION FORMS AND THERE IS NO ESTABLISHED PROCEDURE FOR SUBMITTING REQUESTS. ELABORATE PRESENTATIONS ARE NOT NECESSARY. ADDITIONAL INFORMATION MAY BE REQUESTED BY THE FOUNDATION AFTER PERSONAL INTERVIEWS WITH APPLICANTS UPON THE FOUNDATION'S INITIATIVE. REQUESTS ARE GENERALLY REVIEWED QUARTERLY IN MARCH, JUNE, SEPTEMBER AND DECEMBER.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0LA-Z-BOY FOUNDATION
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum07342421444
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0ATTENTION SUSAN VANISACKER ADMIN
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine2Txt0ONE LA-Z-BOY DRIVE
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0MONROE
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0MI
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd048162
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0THE FOUNDATION GENERALLY ADHERES TO THE FOLLOWING GUIDELINES. 1. THE GEOGRAPHIC AREAS FOR GRANT CONSIDERATION ARE NORMALLY LIMITED TO COMMUNITIES WITHIN THE UNITED STATES WHERE LA-Z-BOY INCORPORATED MANUFACTURING FACILITIES ARE LOCATED AND WITHIN A 15 MILE RADIUS OF CORPORATE HEADQUARTERS. 2. THE FOUNDATION DOES NOT MAKE DIRECT GRANTS TO INDIVIDUALS. 3. THE FOUNDATION DOES NOT MAKE GRANTS FOR TRAVEL AND CONFERENCES. 4. THE FOUNDATION DOES NOT MAKE LOANS. 5. THE FOUNDATION DOES NOT PROVIDE STARTUP FUNDS OF SEED MONEY.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NONE NOTED
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/Amt090000
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/Amt137500
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/Amt2408716
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/Amt3100000
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt0HELP THE DISABLED
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt1EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt2VARIOUS
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt3EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt0ABILITY TREE
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt1CROWDER COLLEGE
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt2MANUFACTURING PLANTS GRANTS
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt3NEOSHO NEWTON COUNTY LIBRARY
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/AddressLine1Txt0PO BOX 6929
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/AddressLine1Txt1601 LACLEDE AVE
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/AddressLine1Txt2ONE LA-Z-BOY DRIVE
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/AddressLine1Txt3201 W SPRING ST
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/CityNm0SILOAM SPRINGS
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/CityNm1NEOSHO
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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientUSAddress/CityNm3NEOSHO
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt565000

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