Civic Intelligence

Ldf Non Profit Foundation

990 • Fiscal year 2018 • EIN 46-3093399

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileN/A
616 Leal StreetLaredo, TX 78041

(956) 722-0563

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

86th percentile

60%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

220%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$155,506

Up $58,538 (+60%) from 2017

Net Assets

Up

$155,506

Up $58,538 (+60%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin81st percentile

Revenue

Up

$266,378

Up $183,140 (+220%) from 2017

Expenses

Up

$198,704

Up $176,034 (+777%) from 2017

Net Income

Up

$67,674

Up $7,106 (+12%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$800K$600K$400K$200K$0Assets 2016: $36,400Net Assets 2016: $36,4002016Assets 2017: $96,968Net Assets 2017: $96,9682017Assets 2018: $155,506Liabilities 2018: $0Net Assets 2018: $155,5062018Assets 2019: $144,463Liabilities 2019: $02019Assets 2020: $244,003Net Assets 2020: $244,0032020Assets 2021: $423,941Liabilities 2021: $0Net Assets 2021: $423,9412021Assets 2022: $647,682Liabilities 2022: $0Net Assets 2022: $647,6822022Assets 2023: $590,774Liabilities 2023: $792Net Assets 2023: $589,9822023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2018

Assets$155,506
Liabilities$0
Net Assets$155,506
Open 2018 Filing

Operations Trend

Revenue Growth97th percentile

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

$600K$400K$200K$0-$200KRevenue 2016: $82,450Expenses 2016: $46,050Net Income 2016: $36,4002016Revenue 2017: $83,238Expenses 2017: $22,670Net Income 2017: $60,5682017Revenue 2018: $266,378Expenses 2018: $198,704Net Income 2018: $67,6742018Revenue 2019: $196,240Expenses 2019: $207,283Net Income 2019: -$11,0432019Revenue 2020: $121,424Expenses 2020: $21,884Net Income 2020: $99,5402020Revenue 2021: $418,763Expenses 2021: $234,503Net Income 2021: $184,2602021Revenue 2022: $330,787Expenses 2022: $107,046Net Income 2022: $223,7412022Revenue 2023: $337,471Expenses 2023: $389,821Net Income 2023: -$52,3502023Revenue 2024: -$11,479Expenses 2024: $77,082Net Income 2024: -$88,5612024

Highlighted filing

2018

Revenue$266,378
Expenses$198,704
Net Income$67,674
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$266,378
Mission and Program Overview

Mission

The purpose of the Corporation is to stimulate economic development in the Laredo and surrounding areas, which will be accomplished by supporting business investment and growth through services offered by our Corporation, including support services, providing information and expertise of the local business environment, and other related services. The Corporation will offer and provide these services to businesses not local to the Laredo and surrounding areas, which are looking to invest in and relocate to our community, and to businesses already in our community looking and needing assistance to grow. The relocation of business to the Laredo and surrounding areas and/or the growth of local businesses will help accomplish the Corporation's charitable goals of improving an Economically Distressed Area by providing relief of community deterioration and relief of the poor and distressed through increased employment opportunities and increased per capita income by the business assisted.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,378$127,490▲ $71,112
Land, Buildings, and Equipment, Net$30,332$24,266▼ $6,066
Accounts Receivable$2,500$3,750▲ $1,250
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$96,968$155,506▲ $58,538
Other Assets Total$7,758$0▼ $7,758
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$96,968$155,506▲ $58,538
Total Net Assets Fund Balance$96,968$155,506▲ $58,538
Total Liabilities and Net Assets / Fund Balance$96,968$155,506▲ $58,538

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$24,266$6,066$30,332
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Bill GreenChairman
Ed SherwoodPast President
Nativido LozanoPast President
Tony ArcePresident
Alfonso ArguindeguiVice President
Emilio RicherVice President
Guillermo TrevinoVice President
Ivan RodriguezVice President
Steve WhitworthAttorney
Lupita R CanalesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$118,152
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$148,226
All Other Contributions
$118,152
Change in Net Assets
$67,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$198,704
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$21,096-$21,096
Other Expenses$33,729$10,000-$10,000
Depreciation Depletion-$6,066-$6,066
Conferences and Meetings-$2,795-$2,795
Advertising-$1,275-$1,275
Insurance-$1,088-$1,088
All Other Expenses-$943-$943
Travel-$614-$614
Total Functional Expenses$154,827$43,877$0$198,704
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
LDF Nonprofit Foundation
EIN
46-3093399
Phone
9567220563
Address
616 Leal Street, Laredo, TX 78041

Signing Officer

Name
Bill Green
Title
President
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Canales Garza & Baum Pllc
Address
PO BOX 3627, LAREDO, TX 78044-3627
Preparer
Aaron Canales CPA
Phone
9567241111
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IRS990/PYOtherRevenueAmt042500
IRS990/PYRevenuesLessExpensesAmt060568
IRS990/PYTotalExpensesAmt022670
IRS990/PYTotalRevenueAmt083238
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt067674
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0118152
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040738
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0197740
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt043600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt043600
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0148226
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt042500
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0190726
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0241340
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0118152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt040738
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt082450
IRS990ScheduleA/Total509Grp/TotalAmt0241340
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0266378
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt083238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt082450
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0432066
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024266
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06066
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030332
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024266
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0155506
IRS990/TotalAssetsGrp/BOYAmt096968
IRS990/TotalAssetsGrp/EOYAmt0155506
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0118152
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043877
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0154827
IRS990/TotalFunctionalExpensesGrp/TotalAmt0198704
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt096968
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0155506
IRS990/TotalProgramServiceExpensesAmt0154827
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0148226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266378
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt096968
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0155506
IRS990/TravelGrp/ManagementAndGeneralAmt0614
IRS990/TravelGrp/TotalAmt0614
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt096968
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0155506
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0616 Leal Street
IRS990/USAddress/CityNm0Laredo
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078041
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Bill Green
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LDF Nonprofit Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LDFN
ReturnHeader/Filer/EIN0463093399
ReturnHeader/Filer/PhoneNum09567220563
ReturnHeader/Filer/USAddress/AddressLine1Txt0616 Leal Street
ReturnHeader/Filer/USAddress/CityNm0Laredo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078041

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$155,506
Liabilities
$0
Net assets
$155,506
Revenue
$266,378
Expenses
$198,704
Net income
$67,674
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.11$0.77$0.89
2023Detailed filing. Detailed filing data is available for this year.$5.91$0.01$5.90$3.37$3.90$0.52
2022Detailed filing. Detailed filing data is available for this year.$6.48$0.00$6.48$3.31$1.07$2.24
2021Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$4.19$2.35$1.84
2020Detailed filing. Detailed filing data is available for this year.$2.44$2.44$1.21$0.22$1.00
2019Summary only. Only limited summary data is available for this year.$1.44$0.00$1.96$2.07$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$2.66$1.99$0.68
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.97$0.83$0.23$0.61
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.82$0.46$0.36