Civic Intelligence

L 5 Foundation Inc

990 • Fiscal year 2018 • EIN 47-2371498

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 11, 2019

Organization ProfileWWW.LIVEFIVEFOUNDATION.ORG
5923 Kingston Pike Suite 319Knoxville, TN 37919-6344

(865) 660-4058

Siviq Scores

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

Liabilities / Assets

96th percentile

1.44x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

86th percentile

0.16x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

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

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 38.7% of source-year revenue.

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

Asset Growth

4th percentile

-80%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$17,522

Down $70,058 (-80%) from 2017

Net Assets

Down

-$7,639

Down $19,784 (-163%) from 2017

Liabilities

Down

$25,161

Down $50,274 (-67%) from 2017

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin21st percentile

Revenue

Down

$155,039

Down $35,326 (-19%) from 2017

Expenses

Down

$174,823

Down $40,423 (-19%) from 2017

Net Income

Up

-$19,784

Up $5,097 (+20%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$100K$50K$0-$50KAssets 2015: $32,052Liabilities 2015: $27,840Net Assets 2015: $4,2122015Assets 2016: $78,784Liabilities 2016: $41,757Net Assets 2016: $37,0272016Assets 2017: $87,580Liabilities 2017: $75,435Net Assets 2017: $12,1452017Assets 2018: $17,522Liabilities 2018: $25,161Net Assets 2018: -$7,6392018Assets 2020: $15,041Liabilities 2020: $0Net Assets 2020: $15,0412020

Highlighted filing

2018

Assets$17,522
Liabilities$25,161
Net Assets-$7,639
Open 2018 Filing

Operations Trend

Revenue Growth25th percentile

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

$300K$200K$100K$0-$100KRevenue 2015: $40,481Expenses 2015: $36,269Net Income 2015: $4,2122015Revenue 2016: $139,348Expenses 2016: $106,533Net Income 2016: $32,8152016Revenue 2017: $190,365Expenses 2017: $215,246Net Income 2017: -$24,8812017Revenue 2018: $155,039Expenses 2018: $174,823Net Income 2018: -$19,7842018Revenue 2020: $143,400Expenses 2020: $144,997Net Income 2020: -$1,5972020

Highlighted filing

2018

Revenue$155,039
Expenses$174,823
Net Income-$19,784
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 11, 2019
Return Version
2017v2.3
Gross Receipts
$234,243
Mission and Program Overview

Mission

L5 foundation is, first and foremost, focused on helping people at the most vulnerable times in their lives - and helping relieve the emotional and financial burdens that can occur anytime to anyone. L5 foundation's current portfolio includes three areas of intense focus: l5 cancer support, dedicated to addressing the essential and basic needs of cancer patients, the chairman's club, which provides grants to youth sports organizations, youth arts and culture clubs, youth education groups, youth health care associations, and operation of valor, dedicated to providing additional support to servicemen and servicewomen through east tennessee.

L5 foundation is, first and foremost, focused on healping people at the most vulnerable times in their lives - and helping relieve the emotional and financial burdens that can occur anytime to anyone. L5 foundation's current portfolio includes three areas of intense focus: l5 cancer support, dedicated to addressing the essential and basic needs of cancer patients, the chairman's club, which provides grants to youth sports organizations, youth arts and culture clubs, youth education groups, youth health care associations, and operation of valor, dedicated to providing additional support to servicemen and servicewomen through east tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$81,665$15,909▼ $65,756
Pledges and Grants Receivable$2,000--
Land, Buildings, and Equipment, Net$273--
Total Assets$87,580$17,522▼ $70,058
Other Assets Total$3,642$1,613▼ $2,029
Liabilities
Grants Payable$46,000--
Other Liabilities-$23,136-
Accounts Payable and Accrued Expenses$29,435$2,025▼ $27,410
Total Liabilities$75,435$25,161▼ $50,274
Net Assets / Fund Balance
Unrestricted Net Assets$12,145$-7,639▼ $19,784
Total Net Assets Fund Balance$12,145$-7,639▼ $19,784
Total Liabilities and Net Assets / Fund Balance$87,580$17,522▼ $70,058

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,910$1,910
Other Assets Org$1,613--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Richard K GiecekPresidentPT$60,000$60,000

Board Members and Trustees

NameTitle
Adriel MccordDirector
Amy DyerDirector
Amy WhiteDirector
Jack FarisDirector
Kay ClaytonDirector
Mary Witt ButlerDirector
Melissa WhiteDirector
Misty CunninghamDirector
Terrance TurnerDirector
Susan M NewmanSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$107,503
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$47,536
All Other Contributions
$107,503
Change in Net Assets
$-19,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$64,580
Grants and Similar Amounts Paid$61,805
Other Expenses$48,438
Total Fundraising Expense$46,860
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$30,000$30,000$60,000
Grants to Domestic Orgs$41,295--$41,295
Advertising$603$17,143$7,280$25,026
Grants to Domestic Individuals$20,510--$20,510
Office Expenses-$3,462$2,329$5,791
Payroll Taxes-$4,580-$4,580
Depreciation Depletion-$2,301-$2,301
Fees for Services Accounting-$1,793-$1,793
All Other Expenses$861$333$592$1,786
Fees for Services Management--$1,500$1,500
Other Expenses$1,296$350$1,627$1,296
Travel-$500-$500
Fees for Services Legal-$193-$193
Total Functional Expenses$67,308$60,655$46,860$174,823
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ProvisionKnoxville, TN-Cancer Patient Meals$17,500
Cancer Support CommunityKnoxville, TN-Counseling Services$9,522
Chairmans ClubKnoxville, TN-Underserved Children$7,773
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$125,859
Fundraising Direct Expenses$79,204
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chefs Dinner$67,125$67,125$22,044$45,081
Bbq$52,760$52,760$17,493$35,267
Total Events$125,859$125,859$79,204$46,655
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Payable$20,000
Payroll Taxes Payable$2,647
American Express$489
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 11B

“The process to review form 990 starts with the preparation of the work papers, reviewed by the board, and then a final review of form 990 is made by officers responsible for filing of the return. A copy of the form 990 was provided to the l5 foundation board of directors before being filed with the irs”

Form 990, Page 6, Part VI, Line 12C

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy”

Form 990, Page 6, Part VI, Line 15A

“The process for determining compensation of the organization's president included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the decision.”

Form 990, Page 6, Part VI, Line 19

“Available upon request at the business office”

Filing and Contact Details

Filer

Filer Name
L 5 Foundation Inc
EIN
47-2371498
Address
5923 KINGSTON PIKE SUITE 319, KNOXVILLE, TN 37919-6344

Signing Officer

Name
Richard K Giecek
Title
President
Signed
2019-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard K Giecek
Formed
2014
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
20

Preparer

Firm
Mitchell Emert & Hill Pc
Address
416 ERIN DRIVE, KNOXVILLE, TN 37919-6205
Preparer
Amanda Whaley CPA
Phone
8655222396
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“L5 foundation is, first and foremost, focused on helping people at the most vulnerable times in their lives - and helping to relieve the emotional and financial burdens that can occur anytime to anyone. L5 foundation's five core values are: 1 the faith to believe 2 the hope to endure 3 the determination to overcome 4 the strength to survive 5 the passion to win. When we founded l5 foundation, we set ourselves a formidable but, we felt, worthy task to raise and distribute money to organizations that provide real results. Today, we continue to take steps to strengthen our coalition of support and to extend our network of organizations to which we provide funding our broad fundraising activities, our envents, and the generous and unwavering support of corporate, foundation, and individual donors allow us to fulfill our mission.”

Raw XML AppendixShowing 400 of 460 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt029435
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02025
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0L5 FOUNDATION IS, FIRST AND FOREMOST, FOCUSED ON HEALPING PEOPLE AT THE MOST VULNERABLE TIMES IN THEIR LIVES - AND HELPING RELIEVE THE EMOTIONAL AND FINANCIAL BURDENS THAT CAN OCCUR ANYTIME TO ANYONE. L5 FOUNDATION'S CURRENT PORTFOLIO INCLUDES THREE AREAS OF INTENSE FOCUS: L5 CANCER SUPPORT, DEDICATED TO ADDRESSING THE ESSENTIAL AND BASIC NEEDS OF CANCER PATIENTS, THE CHAIRMAN'S CLUB, WHICH PROVIDES GRANTS TO YOUTH SPORTS ORGANIZATIONS, YOUTH ARTS AND CULTURE CLUBS, YOUTH EDUCATION GROUPS, YOUTH HEALTH CARE ASSOCIATIONS, AND OPERATION OF VALOR, DEDICATED TO PROVIDING ADDITIONAL SUPPORT TO SERVICEMEN AND SERVICEWOMEN THROUGH EAST TENNESSEE.
IRS990/AdvertisingGrp/FundraisingAmt07280
IRS990/AdvertisingGrp/ManagementAndGeneralAmt017143
IRS990/AdvertisingGrp/ProgramServicesAmt0603
IRS990/AdvertisingGrp/TotalAmt025026
IRS990/AllOtherContributionsAmt0107503
IRS990/AllOtherExpensesGrp/FundraisingAmt0592
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0333
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0861
IRS990/AllOtherExpensesGrp/TotalAmt01786
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0L 5 FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum08656604058
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05923 KINGSTON PIKE SUITE 319
IRS990/BooksInCareOfDetail/USAddress/CityNm0KNOXVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037919
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt081665
IRS990/CashNonInterestBearingGrp/EOYAmt015909
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt030000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt060000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0107503
IRS990/CYGrantsAndSimilarPaidAmt061805
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt048438
IRS990/CYOtherRevenueAmt047536
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-19784
IRS990/CYSalariesCompEmpBnftPaidAmt064580
IRS990/CYTotalExpensesAmt0174823
IRS990/CYTotalFundraisingExpenseAmt046860
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0155039
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02301
IRS990/DepreciationDepletionGrp/TotalAmt02301
IRS990/Desc0L5 CANCER SUPPORT IS DEDICATED TO ADDRESSING THE ESSENTIAL AND BASIC NEEDS OF CANCER PATIENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt048242
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01793
IRS990/FeesForServicesAccountingGrp/TotalAmt01793
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0193
IRS990/FeesForServicesLegalGrp/TotalAmt0193
IRS990/FeesForServicesManagementGrp/FundraisingAmt01500
IRS990/FeesForServicesManagementGrp/TotalAmt01500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD K GIECEK
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN M NEWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2TERRANCE TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm3KAY CLAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm4MISTY CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm5ADRIEL MCCORD
IRS990/Form990PartVIISectionAGrp/PersonNm6MELISSA WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm7AMY DYER
IRS990/Form990PartVIISectionAGrp/PersonNm8JACK FARIS
IRS990/Form990PartVIISectionAGrp/PersonNm9AMY WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm10MARY WITT BUTLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt060000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt079204
IRS990/FundraisingGrossIncomeAmt0125859
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt047532
IRS990/GrantsPayableGrp/BOYAmt046000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt020510
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt020510
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt041295
IRS990/GrantsToDomesticOrgsGrp/TotalAmt041295
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0234243
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01910
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0273
IRS990/LandBldgEquipCostOrOtherBssAmt01910
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0L5 FOUNDATION IS, FIRST AND FOREMOST, FOCUSED ON HELPING PEOPLE AT THE MOST VULNERABLE TIMES IN THEIR LIVES - AND HELPING TO RELIEVE THE EMOTIONAL AND FINANCIAL BURDENS THAT CAN OCCUR ANYTIME TO ANYONE. L5 FOUNDATION'S FIVE CORE VALUES ARE: 1 THE FAITH TO BELIEVE 2 THE HOPE TO ENDURE 3 THE DETERMINATION TO OVERCOME 4 THE STRENGTH TO SURVIVE 5 THE PASSION TO WIN. WHEN WE FOUNDED L5 FOUNDATION, WE SET OURSELVES A FORMIDABLE BUT, WE FELT, WORTHY TASK TO RAISE AND DISTRIBUTE MONEY TO ORGANIZATIONS THAT PROVIDE REAL RESULTS. TODAY, WE CONTINUE TO TAKE STEPS TO STRENGTHEN OUR COALITION OF SUPPORT AND TO EXTEND OUR NETWORK OF ORGANIZATIONS TO WHICH WE PROVIDE FUNDING OUR BROAD FUNDRAISING ACTIVITIES, OUR ENVENTS, AND THE GENEROUS AND UNWAVERING SUPPORT OF CORPORATE, FOUNDATION, AND INDIVIDUAL DONORS ALLOW US TO FULFILL OUR MISSION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt012145
IRS990/NetAssetsOrFundBalancesEOYAmt0-7639
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt046655
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt02329
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03462
IRS990/OfficeExpensesGrp/TotalAmt05791
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03642
IRS990/OtherAssetsTotalGrp/EOYAmt01613
IRS990/OtherExpensesGrp/Desc0COST OF PRODUCTS SOLD
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2MEALS
IRS990/OtherExpensesGrp/Desc3VENUE
IRS990/OtherExpensesGrp/FundraisingAmt03532
IRS990/OtherExpensesGrp/FundraisingAmt11627
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0350
IRS990/OtherExpensesGrp/ProgramServicesAmt0318
IRS990/OtherExpensesGrp/ProgramServicesAmt12425
IRS990/OtherExpensesGrp/ProgramServicesAmt21296
IRS990/OtherExpensesGrp/TotalAmt03850
IRS990/OtherExpensesGrp/TotalAmt12425
IRS990/OtherExpensesGrp/TotalAmt21977
IRS990/OtherExpensesGrp/TotalAmt31296
IRS990/OtherLiabilitiesGrp/EOYAmt023136
IRS990/OtherRevenueMiscGrp/Desc0CLUB INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0881
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0881
IRS990/OtherRevenueTotalAmt0881
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04580
IRS990/PayrollTaxesGrp/TotalAmt04580
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RICHARD K GIECEK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CHAIRMAN'S CLUB PROVIDES GRANTS TO YOUTH SPORTS ORGANIZATION, YOUTH ARTS AND CULTURE CLUBS, YOUTH EDUCATION GROUPS, YOUTH HEALTH CARE ASSOCIATIONS, AND MORE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt019066
IRS990/ProgSrvcAccomActy2Grp/GrantAmt014273
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0143358
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt091250
IRS990/PYOtherExpensesAmt062635
IRS990/PYOtherRevenueAmt047007
IRS990/PYRevenuesLessExpensesAmt0-24881
IRS990/PYSalariesCompEmpBnftPaidAmt061361
IRS990/PYTotalExpensesAmt0215246
IRS990/PYTotalRevenueAmt0190365
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-19784
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt023043
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt010841
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt033884
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0107503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt086076
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt046312
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt021202
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0261093
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0126740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0126740
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91260
IRS990ScheduleA/PublicSupportTotal509Amt0353949
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt023043
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt010841
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt033884
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0234243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt086076
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt046312
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt021202
IRS990ScheduleA/Total509Grp/TotalAmt0387833
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0234243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086076
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt046312
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt021202
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0387833
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01910
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01910
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01613
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2489
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2AMERICAN EXPRESS
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01613
IRS990ScheduleD/TotalLiabilityAmt023136
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt079204
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt05343
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0875
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt06218
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHEFS DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BBQ
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt014072
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt09891
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0965
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt024928
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt067125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt052760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0125859
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt067125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt052760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0125859
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt046655
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt04241
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043778
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022044
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt017493
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt02780
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04280
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1510
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GAS CARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1FOOD CARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt126
IRS990ScheduleI/RecipientTable/CashGrantAmt09522
IRS990ScheduleI/RecipientTable/CashGrantAmt117500
IRS990ScheduleI/RecipientTable/CashGrantAmt27773
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COUNSELING SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CANCER PATIENT MEALS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2UNDERSERVED CHILDREN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CANCER SUPPORT COMMUNITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PROVISION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CHAIRMANS CLUB
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02230 SUTHERLAND AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16450 PROVISION CARES WAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25825 MIDDLEBROOK PIKE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KNOXVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1KNOXVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2KNOXVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd037919
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd137909
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd237921
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0L5 FOUNDATION IS, FIRST AND FOREMOST, FOCUSED ON HELPING PEOPLE AT THE MOST VULNERABLE TIMES IN THEIR LIVES - AND HELPING TO RELIEVE THE EMOTIONAL AND FINANCIAL BURDENS THAT CAN OCCUR ANYTIME TO ANYONE. L5 FOUNDATION'S FIVE CORE VALUES ARE: 1 THE FAITH TO BELIEVE 2 THE HOPE TO ENDURE 3 THE DETERMINATION TO OVERCOME 4 THE STRENGTH TO SURVIVE 5 THE PASSION TO WIN. WHEN WE FOUNDED L5 FOUNDATION, WE SET OURSELVES A FORMIDABLE BUT, WE FELT, WORTHY TASK TO RAISE AND DISTRIBUTE MONEY TO ORGANIZATIONS THAT PROVIDE REAL RESULTS. TODAY, WE CONTINUE TO TAKE STEPS TO STRENGTHEN OUR COALITION OF SUPPORT AND TO EXTEND OUR NETWORK OF ORGANIZATIONS TO WHICH WE PROVIDE FUNDING OUR BROAD FUNDRAISING ACTIVITIES, OUR ENVENTS, AND THE GENEROUS AND UNWAVERING SUPPORT OF CORPORATE, FOUNDATION, AND INDIVIDUAL DONORS ALLOW US TO FULFILL OUR MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROCESS TO REVIEW FORM 990 STARTS WITH THE PREPARATION OF THE WORK PAPERS, REVIEWED BY THE BOARD, AND THEN A FINAL REVIEW OF FORM 990 IS MADE BY OFFICERS RESPONSIBLE FOR FILING OF THE RETURN. A COPY OF THE FORM 990 WAS PROVIDED TO THE L5 FOUNDATION BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S PRESIDENT INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt087580
IRS990/TotalAssetsEOYAmt017522
IRS990/TotalAssetsGrp/BOYAmt087580
IRS990/TotalAssetsGrp/EOYAmt017522
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0107503
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt046860
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt060655
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067308
IRS990/TotalFunctionalExpensesGrp/TotalAmt0174823
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075435
IRS990/TotalLiabilitiesEOYAmt025161

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
$17,522
Liabilities
$25,161
Net assets
-$7,639
Revenue
$155,039
Expenses
$174,823
Net income
-$19,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$1.43$1.45$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.25$0.08$1.55$1.75$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.75$0.12$1.90$2.15$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.42$0.37$1.39$1.07$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.28$0.04$0.40$0.36$0.04