Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
990EZ • Fiscal year 2023 • EIN 47-5673329
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 12.7% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
57th percentile
Faster revenue growth than 57% of similar nonprofits.
Assets
Up$44,935
Up $18,873 (+72%) from 2022
Net Assets
Up$44,189
Up $18,784 (+74%) from 2022
Liabilities
Up$746
Up $89 (+14%) from 2022
Revenue
Up$59,202
Up $8,410 (+17%) from 2022
Expenses
Down$40,329
Down $18,862 (-32%) from 2022
Net Income
Up$18,873
Up $27,272 (+325%) from 2022
See program service accomplishments.
| Description | Grants | Expenses |
|---|---|---|
| LCL SERVES AS ONE OF THE HUBS FOR ENTREPRENEURSHIP, AS WE PROVIDE RESOURCES AND OPPORTUNITIES FOR BUSINESS DEVELOPMENT AND NETWORKING. WE PLAN AND HOST SCHOOL-WIDE, MONTHLY AND ANNUAL ENTREPRENEURSHIP EVENTS. OVER THE SUMMER WE RUN AN INCUBATOR PROGRAM TO HELP COMPANIES EXPAND AND BUILD THEIR STARTUPS AND PRODUCTS. IN ADDITION, WE BRING IN INFLUENTIAL GUEST SPEAKERS AND MENTORS TO INSPIRE AND MOTIVATE STUDENT ENTREPRENEURS. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEAN TURBAN | Executive Director | - | $7,500 | - | $7,500 |
| JONG WON KIM | Chairman | - | $0 | - | - |
| DAVID JOHNSON | Board Member | - | $0 | - | - |
| PAM SILVERSTEIN | Board Member | - | $0 | - | - |
| SANG WON YOON | Secretary | - | $0 | - | - |
“Description: interest income. Amount: 2.”
“Description: scholarships & grants. Amount: 10,750. Description: computer expenses. Amount: 1,410. Description: meals & entertainment. Amount: 6,757. Description: taxes & licenses. Amount: 575. Description: office expenses. Amount: 553. Description: misccellaneous expenses. Amount: 179. Description: subcontractors. Amount: 9,000. Total to form 990-ez, line 16: 29,224.”
“Description: payroll liabilities. Amount: -89.”
“Description: payables to officers. Beg. Of year amount: 657. End of year amount: 657. Description: payroll liabilities. Beg. Of year amount: 0. End of year amount: 89.”
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 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JONG WON KIM |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6173726788 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 202 LAKE STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ITHACA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14850 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 26062 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 44935 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 59200 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18873 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3605 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 26062 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 44935 |
| IRS990EZ/GrossReceiptsAmt | 0 | 59202 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 25405 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 44189 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 25405 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 44189 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 7500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JONG WON KIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVID JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PAM SILVERSTEIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SANG WON YOON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JEAN TURBAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -89 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29224 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE PROGRAM SERVICE ACCOMPLISHMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | LCL SERVES AS ONE OF THE HUBS FOR ENTREPRENEURSHIP, AS WE PROVIDE RESOURCES AND OPPORTUNITIES FOR BUSINESS DEVELOPMENT AND NETWORKING. WE PLAN AND HOST SCHOOL-WIDE, MONTHLY AND ANNUAL ENTREPRENEURSHIP EVENTS. OVER THE SUMMER WE RUN AN INCUBATOR PROGRAM TO HELP COMPANIES EXPAND AND BUILD THEIR STARTUPS AND PRODUCTS. IN ADDITION, WE BRING IN INFLUENTIAL GUEST SPEAKERS AND MENTORS TO INSPIRE AND MOTIVATE STUDENT ENTREPRENEURS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 7500 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | DE |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 1 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 657 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 746 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 40329 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 59202 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://LIFECHANGINGLABS.COM/PAGEPF |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 59200 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50696 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57757 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 35103 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 54102 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 256858 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 9 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2464 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.95160 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 244443 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 12415 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 59200 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50696 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57757 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 35103 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 54102 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 256858 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 256867 |
| 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 | DESCRIPTION: INTEREST INCOME. AMOUNT: 2. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: SCHOLARSHIPS & GRANTS. AMOUNT: 10,750. DESCRIPTION: COMPUTER EXPENSES. AMOUNT: 1,410. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 6,757. DESCRIPTION: TAXES & LICENSES. AMOUNT: 575. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 553. DESCRIPTION: MISCCELLANEOUS EXPENSES. AMOUNT: 179. DESCRIPTION: SUBCONTRACTORS. AMOUNT: 9,000. TOTAL TO FORM 990-EZ, LINE 16: 29,224. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PAYROLL LIABILITIES. AMOUNT: -89. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PAYABLES TO OFFICERS. BEG. OF YEAR AMOUNT: 657. END OF YEAR AMOUNT: 657. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 89. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JONG WON KIM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6173726788 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIFE CHANGING LABS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIFE |
| ReturnHeader/Filer/EIN | 0 | 475673329 |
| ReturnHeader/Filer/PhoneNum | 0 | 6173726788 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 407 COLLEGE AVE PMB 188 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ITHACA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14850 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161071694 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCIARABBA WALKER & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 410 EAST UPLAND ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ITHACA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 14850 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6072725550 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AMY A ILES |
| ReturnHeader/ReturnTs | 0 | 2024-05-14T13:36:03-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JONG |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WON KIM |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.