Civic Intelligence

L C Industries Foundation

990 • Fiscal year 2018 • EIN 45-5200306

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

Organization ProfileN/A
4500 Emperor BoulevardDurham, NC 27703

(919) 596-8277

Siviq Scores

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

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

43rd percentile

2.2%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$925,788

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

53rd percentile

3.5%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-20%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Up

$54,705,907

Up $1,845,528 (+3.5%) from 2017

Net Assets

Up

$54,705,907

Up $1,845,528 (+3.5%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue2nd percentileNet Margin43rd percentile

Revenue

Down

$4,740,004

Down $1,196,398 (-20%) from 2017

Expenses

Up

$4,633,389

Up $918,382 (+25%) from 2017

Net Income

Down

$106,615

Down $2,114,780 (-95%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$80M$60M$40M$20M$0Assets 2013: $18,014,851Liabilities 2013: $0Net Assets 2013: $18,014,8512013Assets 2014: $29,822,773Liabilities 2014: $0Net Assets 2014: $29,822,7732014Assets 2015: $44,233,007Liabilities 2015: $0Net Assets 2015: $44,233,0072015Assets 2016: $46,295,580Liabilities 2016: $0Net Assets 2016: $46,295,5802016Assets 2017: $52,860,379Liabilities 2017: $0Net Assets 2017: $52,860,3792017Assets 2018: $54,705,907Liabilities 2018: $0Net Assets 2018: $54,705,9072018Assets 2019: $56,582,480Liabilities 2019: $0Net Assets 2019: $56,582,4802019Assets 2020: $63,133,395Liabilities 2020: $0Net Assets 2020: $63,133,3952020Assets 2021: $70,225,807Liabilities 2021: $0Net Assets 2021: $70,225,8072021Assets 2022: $64,591,160Liabilities 2022: $0Net Assets 2022: $64,591,1602022Assets 2023: $68,313,434Liabilities 2023: $0Net Assets 2023: $68,313,4342023Assets 2024: $73,147,325Liabilities 2024: $0Net Assets 2024: $73,147,3252024

Highlighted filing

2018

Assets$54,705,907
Liabilities$0
Net Assets$54,705,907
Open 2018 Filing

Operations Trend

Revenue Growth10th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $25,6822013Revenue 2014: $12,584,765Expenses 2014: $781,648Net Income 2014: $11,803,1172014Revenue 2015: $14,729,859Expenses 2015: $2,030,458Net Income 2015: $12,699,4012015Revenue 2016: $3,964,064Expenses 2016: $661,561Net Income 2016: $3,302,5032016Revenue 2017: $5,936,402Expenses 2017: $3,715,007Net Income 2017: $2,221,3952017Revenue 2018: $4,740,004Expenses 2018: $4,633,389Net Income 2018: $106,6152018Revenue 2019: $4,167,814Expenses 2019: $2,296,745Net Income 2019: $1,871,0692019Revenue 2020: $6,759,120Expenses 2020: $2,466,217Net Income 2020: $4,292,9032020Revenue 2021: $7,494,768Expenses 2021: $2,253,302Net Income 2021: $5,241,4662021Revenue 2022: $851,710Expenses 2022: $1,356,449Net Income 2022: -$504,7392022Revenue 2023: $3,029,940Expenses 2023: $2,307,535Net Income 2023: $722,4052023Revenue 2024: $1,925,410Expenses 2024: $1,601,907Net Income 2024: $323,5032024

Highlighted filing

2018

Revenue$4,740,004
Expenses$4,633,389
Net Income$106,615
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$4,740,004
Mission and Program Overview

Mission

To improve the lives and well being of persons who are blind, and to offer such persons opportunities for education, training and job related skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$52,860,379$54,705,907▲ $1,845,528
Investments in Publicly Traded Securities$47,460,571$51,130,479▲ $3,669,908
Savings and Temporary Cash Investments$5,399,808$3,575,427▼ $1,824,381
Cash and Non-Interest-Bearing Accounts-$1-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$52,860,379$54,705,907▲ $1,845,528
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$52,860,379$54,705,907▲ $1,845,528
Total Liabilities and Net Assets / Fund Balance$52,860,379$54,705,907▲ $1,845,528
Compensation and Service Providers
Top Officer Pay86th percentile

Board Members and Trustees

NameTitle
William HudsonPresident
John JanesSecretary
Stephen HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,000,000
Program Service Revenue
$0
Investment Income
$1,740,004
Other Revenue
$0
Change in Net Assets
$106,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,406,000
Other Expenses$227,389
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,406,000--$4,406,000
Fees for Service Investment Mgmnt Fees$184,192--$184,192
Depreciation Depletion$33,544--$33,544
Interest$7,605--$7,605
Office Expenses$1,908--$1,908
Travel$140--$140
Total Functional Expenses$4,633,389$0$0$4,633,389
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Envision FoundationWichita, KS501(c)(3)Support for the Envision Workforce Innovation Center$1,250,000
Phoenix Childrens FoundationPhoenix, AZ501(c)(3)To Support the Endowed Chair in Neonatology$1,250,000
Duke University Eye CenterDurham, NC501(c)(3)Research$400,000
Duke University Eye CenterDurham, NC501(c)(3)Operational Support$250,000
Southeastern Guide Dogs IncPalmetto, FL501(c)(3)Operational Support$250,000
Southeastern Guide Dogs IncPalmetto, FL501(c)(3)Support for Veterans Program and Guide Dogs Program$250,000
Braille Institute of America IncLos Angeles, CA501(c)(3)To Support the Lo Vision Rehab Service$167,000
Lc IndustriesDurham, NC501(c)(3)Support for Building Rennovation$154,000
AlphapointeKansas City, MO501(c)(3)To Assist With Building Purchase$150,000
Envision FoundationWichita, KS501(c)(3)Support for the Envision Child Development Center Expansion$150,000
Triangle Radio Reading ServiceRaleigh, NC501(c)(3)Operational Support$75,000
Nc Lions Inc FoundationSherrills Ford, NC501(c)(3)Operational Support$50,000
Envision FoundationWichita, KS501(c)(3)Operational Support$10,000
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is prepared by an independent accounting firm. The form 990 will be reviewed by the board prior to filing with the irs.”

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

“The organization adheres to its conflict of interest policy document by consistantly monitoring the independence of its board members”

Form 990, Part VI, Section C, Line 18

“Copies are provided upon request.”

Form 990, Part VI, Section C, Line 19

“Copies of governing documents, conflict of interest policy, and financial statements are provided upon request.”

Filing and Contact Details

Filer

Filer Name
L C Industries Foundation
EIN
45-5200306
Phone
9195968277
Address
4500 EMPEROR BOULEVARD, DURHAM, NC 27703

Signing Officer

Name
William Hudson
Title
President
Phone
9195968277
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Hudson
Formed
2012
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Dixon Hughes Goodman Llp
Address
500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Adjustment to reflect beginning of year at fmv -4,616.”

Raw XML AppendixShowing 400 of 505 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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT FOR THE ENVISION CHILD DEVELOPMENT CENTER EXPANSION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SUPPORT FOR THE ENVISION WORKFORCE INNOVATION CENTER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SUPPORT FOR VETERANS PROGRAM AND GUIDE DOGS PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO ASSIST WITH BUILDING PURCHASE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9SUPPORT FOR BUILDING RENNOVATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10TO SUPPORT THE LO VISION REHAB SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12TO SUPPORT THE ENDOWED CHAIR IN NEONATOLOGY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ENVISION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ENVISION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ENVISION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SOUTHEASTERN GUIDE DOGS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SOUTHEASTERN GUIDE DOGS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5ALPHAPOINTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6DUKE UNIVERSITY EYE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7DUKE UNIVERSITY EYE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8TRIANGLE RADIO READING SERVICE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9LC INDUSTRIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10BRAILLE INSTITUTE OF AMERICA INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11NC LIONS INC FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12PHOENIX CHILDRENS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0203874095
IRS990ScheduleI/RecipientTable/RecipientEIN1203874095
IRS990ScheduleI/RecipientTable/RecipientEIN2203874095
IRS990ScheduleI/RecipientTable/RecipientEIN3592252352
IRS990ScheduleI/RecipientTable/RecipientEIN4592252352
IRS990ScheduleI/RecipientTable/RecipientEIN5440552486
IRS990ScheduleI/RecipientTable/RecipientEIN6562070036
IRS990ScheduleI/RecipientTable/RecipientEIN7562070036
IRS990ScheduleI/RecipientTable/RecipientEIN8581528968
IRS990ScheduleI/RecipientTable/RecipientEIN9560686307
IRS990ScheduleI/RecipientTable/RecipientEIN10951641426
IRS990ScheduleI/RecipientTable/RecipientEIN11560890554
IRS990ScheduleI/RecipientTable/RecipientEIN12742421549
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0610 N MAIN 4TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1610 N MAIN 4TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2610 N MAIN 4TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt34210 77TH STREET E
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt44210 77TH STREET E
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt57501 PROSPECT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6710 W MAIN STREET SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7710 W MAIN STREET SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8211 E SIX FORKS RD STE 103
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt94500 EMPEROR BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10741 N VERMONT AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11PO BOX 39
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt122929 E CAMELBACK RD 122
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WICHITA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1WICHITA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WICHITA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3PALMETTO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4PALMETTO
IRS990ScheduleI/RecipientTable/USAddress/CityNm5KANSAS CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm6DURHAM
IRS990ScheduleI/RecipientTable/USAddress/CityNm7DURHAM
IRS990ScheduleI/RecipientTable/USAddress/CityNm8RALEIGH
IRS990ScheduleI/RecipientTable/USAddress/CityNm9DURHAM
IRS990ScheduleI/RecipientTable/USAddress/CityNm10LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/CityNm11SHERRILLS FORD
IRS990ScheduleI/RecipientTable/USAddress/CityNm12PHOENIX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd067203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd167203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd267203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd334221
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd434221
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd564132
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd627701
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd727701
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd827609
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd927703
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1090029
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1128673
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1285016
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION SUPPORTS ITS PARENT ORGANIZATION, LC INDUSTRIES, INC., BY MAKING GRANTS TO CHARITABLE ORGANIZATION THAT SUPPORT INDIVIDUALS WHO ARE BLIND.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt09
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd01
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0331200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0569598
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016846
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM HUDSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0925788
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ANNUAL PROFITS OF THE COMPANY INDIRECTLY INFLUENCE AMOUNTS REWARDED AS ANNUAL BONUSES TO ALL EMPLOYEES INCLUDING OFFICERS. ALL BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS OF RELATED ENTITY, L C INDUSTIRES, INC.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1THE ANNUAL PROFITS OF THE COMPANY INDIRECTLY INFLUENCE AMOUNTS REWARDED AS ANNUAL BONUSES TO ALL EMPLOYEES INCLUDING OFFICERS. ALL BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS OF RELATED ENTITY, L C INDUSTRIES, INC.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 5
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 5 :
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM 990 WILL BE REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ADHERES TO ITS CONFLICT OF INTEREST POLICY DOCUMENT BY CONSISTANTLY MONITORING THE INDEPENDENCE OF ITS BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADJUSTMENT TO REFLECT BEGINNING OF YEAR AT FMV -4,616.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0263966355
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INVESTMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0LCI INVESTMENTS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03211 S MIAMI BLVD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0DURHAM
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd027703
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0L C INDUSTRIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0560686307
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,705,907
Liabilities
$0
Net assets
$54,705,907
Revenue
$4,740,004
Expenses
$4,633,389
Net income
$106,615
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$73.1$0.00$73.1$1.93$1.60$0.32
2023Detailed filing. Detailed filing data is available for this year.$68.3$0.00$68.3$3.03$2.31$0.72
2022Detailed filing. Detailed filing data is available for this year.$64.6$0.00$64.6$0.85$1.36$0.50
2021Detailed filing. Detailed filing data is available for this year.$70.2$0.00$70.2$7.49$2.25$5.24
2020Detailed filing. Detailed filing data is available for this year.$63.1$0.00$63.1$6.76$2.47$4.29
2019Detailed filing. Detailed filing data is available for this year.$56.6$0.00$56.6$4.17$2.30$1.87
2018Detailed filing. Detailed filing data is available for this year.$54.7$0.00$54.7$4.74$4.63$0.11
2017Detailed filing. Detailed filing data is available for this year.$52.9$0.00$52.9$5.94$3.72$2.22
2016Detailed filing. Detailed filing data is available for this year.$46.3$0.00$46.3$3.96$0.66$3.30
2015Detailed filing. Detailed filing data is available for this year.$44.2$0.00$44.2$14.7$2.03$12.7
2014Detailed filing. Detailed filing data is available for this year.$29.8$0.00$29.8$12.6$0.78$11.8
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.00$18.0$0.03