Civic Intelligence

L C Industries Foundation

990 • Fiscal year 2020 • EIN 45-5200306

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 12, 2021

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

3rd percentile

0.00x

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

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

3rd percentile

0.00x

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

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

94th percentile

64%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$557,336

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

62%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Up

$63,133,395

Up $6,550,915 (+12%) from 2019

Net Assets

Up

$63,133,395

Up $6,550,915 (+12%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin94th percentile

Revenue

Up

$6,759,120

Up $2,591,306 (+62%) from 2019

Expenses

Up

$2,466,217

Up $169,472 (+7.4%) from 2019

Net Income

Up

$4,292,903

Up $2,421,834 (+129%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth65th 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

2020

Assets$63,133,395
Liabilities$0
Net Assets$63,133,395
Open 2020 Filing

Operations Trend

Revenue Growth91st 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

2020

Revenue$6,759,120
Expenses$2,466,217
Net Income$4,292,903
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 12, 2021
Return Version
2019v5.2
Gross Receipts
$15,131,147
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$56,582,480$63,133,395▲ $6,550,915
Investments in Publicly Traded Securities$52,929,568$57,182,146▲ $4,252,578
Savings and Temporary Cash Investments$3,652,912$5,951,249▲ $2,298,337
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$56,582,480$63,133,395▲ $6,550,915
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$56,582,480$63,133,395▲ $6,550,915
Total Liabilities and Net Assets / Fund Balance$56,582,480$63,133,395▲ $6,550,915
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
William HudsonPresident
Patrick LindseyBoard Member
John JanesSecretary
Stephen HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,700,000
Program Service Revenue
$0
Investment Income
$1,690,171
Other Revenue
$-631,051
Change in Net Assets
$4,292,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,204,500
Other Expenses$261,717
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,204,500--$2,204,500
Fees for Service Investment Mgmnt Fees-$203,991-$203,991
Depreciation Depletion$26,084--$26,084
Travel$13,668--$13,668
Office Expenses$5,719--$5,719
Fees for Services Accounting-$5,000-$5,000
Conferences and Meetings$4,170--$4,170
Occupancy$1,972--$1,972
Other Expenses-$1,113-$1,113
Total Functional Expenses$2,256,113$210,104$0$2,466,217
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lc IndustriesDurham, NC501(c)(3)Operational Support$1,385,500
Duke University Eye CenterDurham, NC501(c)(3)Hudson Visual Function Gift Fund$250,000
Phoenix Childrens FoundationPhoenix, AZ501(c)(3)To Support the Endowed Chair in Neonatology$250,000
Esteamed Coffee IncCary, NC501(c)(3)Operational Support$164,000
Envision FoundationWichita, KS501(c)(3)Support for the Envision Workforce Innovation Center$130,000
American Foundation for the BlindArlington, VA501(c)(3)Operational Support$25,000
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 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
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
2021-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Hudson
Formed
2012
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
3
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 investment activity -135,071.”

Raw XML AppendixShowing 400 of 484 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 WORKFORCE INNOVATION CENTER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1HUDSON VISUAL FUNCTION GIFT FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO SUPPORT THE ENDOWED CHAIR IN NEONATOLOGY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5OPERATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ENVISION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DUKE UNIVERSITY EYE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PHOENIX CHILDRENS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ESTEAMED COFFEE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4AMERICAN FOUNDATION FOR THE BLIND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5LC INDUSTRIES
IRS990ScheduleI/RecipientTable/RecipientEIN0203874095
IRS990ScheduleI/RecipientTable/RecipientEIN1562070036
IRS990ScheduleI/RecipientTable/RecipientEIN2742421549
IRS990ScheduleI/RecipientTable/RecipientEIN3830993595
IRS990ScheduleI/RecipientTable/RecipientEIN4135562161
IRS990ScheduleI/RecipientTable/RecipientEIN5560686307
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0610 N MAIN 4TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1710 W MAIN STREET SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22929 E CAMELBACK RD 122
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3114 S ACADEMY ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41401 SOUTH CLARK STREET NO 730
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt54500 EMPEROR BOULEVARD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WICHITA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DURHAM
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PHOENIX
IRS990ScheduleI/RecipientTable/USAddress/CityNm3CARY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4ARLINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm5DURHAM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd067203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd127701
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd285016
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd327511
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd422202
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd527703
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/Total501c3OrgCnt06
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd01
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1132480
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0520609
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1406973
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt17001
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt13804
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM HUDSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PATRICK LINDSEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0520609
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1557336
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 INVESTMENT ACTIVITY -135,071.
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
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO EMPLOY AND TEACH THE VISUALLY HANDICAPPED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04500 EMPEROR BOULEVARD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DURHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027703
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,133,395
Liabilities
$0
Net assets
$63,133,395
Revenue
$6,759,120
Expenses
$2,466,217
Net income
$4,292,903
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