Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Lubbock Angel Network Inc
990EZ • Fiscal year 2018 • 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
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Balance Sheet
Assets
Down$41,058
Down $1,824 (-4.3%) from 2017
Net Assets
Down$41,058
Down $1,824 (-4.3%) from 2017
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$38,035
Down $5,989 (-14%) from 2017
Expenses
Down$39,858
Down $3,596 (-8.3%) from 2017
Net Income
Down-$1,823
Down $2,393 (-420%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jan 15, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $38,035
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 | Director | - | $0 | - | - |
| GARY GREENSTREET | Vice Preside | - | $0 | - | - |
| MIKE MCDOUGAL | President | - | $0 | - | - |
| KEVIN MCMAHON | Treasurer | - | $0 | - | - |
| ANTHONY PRESLEY | Director | - | $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
- Mike Mcdougal
- Title
- President
- Phone
- 8067950470
- Signed
- 2019-01-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Mcmahon Vinson & Hubbard 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 2,311 travel 2,468 food 3,829 conferences 2,555 business insurance 1,130 total 12,293”
Form 990-ez, Part II, Line 24
“Organizational costs 5,078 5,078 less accumulated amortization 3,047 4,062 total 2,031 1,016”
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 Appendix113 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 AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LUBBOCK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 79423 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 40850 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 40042 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 12500 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1823 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 25675 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 42881 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 41058 |
| IRS990EZ/GrossReceiptsAmt | 0 | 38035 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 35 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 25500 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 42881 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 41058 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 42881 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 41058 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1015 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| 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/PersonNm | 0 | JIM GILBREATH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GARY GREENSTREET |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MIKE MCDOUGAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KEVIN MCMAHON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ANTHONY PRESLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2031 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1016 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12293 |
| 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 | 875 |
| 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 | 39858 |
| IRS990EZ/TotalRevenueAmt | 0 | 38035 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LUBBOCKANGELNETWORK.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXPENSE 2,311 TRAVEL 2,468 FOOD 3,829 CONFERENCES 2,555 BUSINESS INSURANCE 1,130 TOTAL 12,293 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ORGANIZATIONAL COSTS 5,078 5,078 LESS ACCUMULATED AMORTIZATION 3,047 4,062 TOTAL 2,031 1,016 |
| 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 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MIKE MCDOUGAL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8067950470 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-01-15 |
| 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/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 12.176.53.146 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-02-04 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 13:43:22 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 751226156 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MCMAHON VINSON & HUBBARD 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 | 2019-01-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KEVIN G MCMAHON |
| ReturnHeader/ReturnTs | 0 | 2019-02-04T13:43:22-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $41,058
- Liabilities
- -
- Net assets
- $41,058
- Revenue
- $38,035
- Expenses
- $39,858
- Net income
- -$1,823