Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Lubbock Angel Network Inc
990EZ • Fiscal year 2016 • EIN 47-2941553
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
47th percentile
Higher net margin than 47% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
50th percentile
Faster revenue growth than 50% of similar nonprofits.
Balance Sheet
Assets
Up$42,310
Up $776 (+1.9%) from 2015
Net Assets
Up$42,310
Up $776 (+1.9%) from 2015
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$54,025
Up $508 (+0.9%) from 2015
Expenses
Up$53,250
Up $41,267 (+344%) from 2015
Net Income
Down$775
Down $40,759 (-98%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Jan 30, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $54,025
Mission and Program Overview
Mission
Act as a facilitator of the ability of early stage companies to meet and interact with accredited investors, established businesses, community leaders and higher education leaders for the purpose of helping said early stage companies to grow and impove the economic health of the lubbock region.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| N/A | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JIM GILBREATH | President | - | $0 | - | - |
| GARY GREENSTREET | Vice Preside | - | $0 | - | - |
| DAVID HARMON | Board Member | - | $0 | - | - |
| MIKE MCDOUGAL | Board Member | - | $0 | - | - |
| KEVIN MCMAHON | Treasurer | - | $0 | - | - |
| TOMMY THRASH | Board Member | - | $0 | - | - |
| BALU VISHWANATHAN | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lubbock Angel Network Inc
- EIN
- 47-2941553
- Phone
- 8067950470
- Address
- 7822 ORLANDO AVENUE, LUBBOCK, TX 79423
Signing Officer
- Name
- Jim Gilbreath
- Title
- President
- Phone
- 8067950470
- Signed
- 2017-01-30
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Mcmahon Vinson Bennett Llp
- Address
- 7822 ORLANDO AVE, LUBBOCK, TX 79423-1942
- Preparer
- Kevin G Mcmahon
- Phone
- 8067950470
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office expense 4,854 travel 5,431 meals & entertainment 5,481 conferences 2,482 workshops 1,918 business insurance 1,077 total 21,243”
Form 990-ez, Part II, Line 24
“Organizational costs 5,078 5,078 less accumulated amortization 1,016 2,031 total 4,062 3,047”
Form 990-ez, Part III
“Act as a facilitator of the ability of early stage companies to meet and interact with accredited investors, established businesses, community leaders and higher education leaders for the purpose of helping said early stage companies to grow and impove the economic health of the lubbock region.”
Raw XML Appendix124 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KEVIN MCMAHON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8067950470 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7822 ORLANDO AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LUBBOCK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 79423 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 37473 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 39263 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 18000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 775 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 29862 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 41535 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 42310 |
| IRS990EZ/GrossReceiptsAmt | 0 | 54025 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 25 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 36000 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 41535 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 42310 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 41535 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 42310 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1295 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JIM GILBREATH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GARY GREENSTREET |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID HARMON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MIKE MCDOUGAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | KEVIN MCMAHON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | TOMMY THRASH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BALU VISHWANATHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4062 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3047 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 21243 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ACT AS A FACILITATOR OF THE ABILITY OF EARLY STAGE COMPANIES TO MEET AND INTERACT WITH ACCREDITED INVESTORS, ESTABLISHED BUSINESSES, COMMUNITY LEADERS AND HIGHER EDUCATION LEADERS FOR THE PURPOSE OF HELPING SAID EARLY STAGE COMPANIES TO GROW AND IMPOVE THE ECONOMIC HEALTH OF THE LUBBOCK REGION. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 850 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | N/A |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 53250 |
| IRS990EZ/TotalRevenueAmt | 0 | 54025 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LUBBOCKANGELNETWORK.COM |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXPENSE 4,854 TRAVEL 5,431 MEALS & ENTERTAINMENT 5,481 CONFERENCES 2,482 WORKSHOPS 1,918 BUSINESS INSURANCE 1,077 TOTAL 21,243 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ORGANIZATIONAL COSTS 5,078 5,078 LESS ACCUMULATED AMORTIZATION 1,016 2,031 TOTAL 4,062 3,047 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACT AS A FACILITATOR OF THE ABILITY OF EARLY STAGE COMPANIES TO MEET AND INTERACT WITH ACCREDITED INVESTORS, ESTABLISHED BUSINESSES, COMMUNITY LEADERS AND HIGHER EDUCATION LEADERS FOR THE PURPOSE OF HELPING SAID EARLY STAGE COMPANIES TO GROW AND IMPOVE THE ECONOMIC HEALTH OF THE LUBBOCK REGION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JIM GILBREATH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8067950470 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-01-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LUBBOCK ANGEL NETWORK INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LUBB |
| ReturnHeader/Filer/EIN | 0 | 472941553 |
| ReturnHeader/Filer/PhoneNum | 0 | 8067950470 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 7822 ORLANDO AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LUBBOCK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 79423 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | ADE4F6F59C84A8FFBE0486692FE2EB00B64902D9 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 8285F1436D808AE024EC7B876529739948CEB869 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 751226156 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MCMAHON VINSON BENNETT LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7822 ORLANDO AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LUBBOCK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 794231942 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8067950470 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-02-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KEVIN G MCMAHON |
| ReturnHeader/ReturnTs | 0 | 2017-02-03T13:11:47-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $42,310
- Liabilities
- -
- Net assets
- $42,310
- Revenue
- $54,025
- Expenses
- $53,250
- Net income
- $775