Civic Intelligence

Louisburg College

990 • Fiscal year 2011 • EIN 56-0547511

Jun 01, 2010 to May 31, 2011 • Filed on Apr 16, 2012

501 N Main Street27549
Siviq Scores

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

Liabilities / Assets

51st percentile

0.34x

Higher debt load relative to assets than 51% of similar nonprofits.

2011 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

62nd percentile

6.7%

Faster asset growth than 62% of similar nonprofits.

2011 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$26,758,584

Up $1,674,922 (+6.7%) from 2010

Net Assets

Up

$17,673,203

Up $2,006,073 (+13%) from 2010

Liabilities

Down

$9,085,381

Down $331,151 (-3.5%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$15,322,769

Up $688,395 (+4.7%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $25,083,662Liabilities 2010: $9,416,532Net Assets 2010: $15,667,1302010Assets 2011: $26,758,584Liabilities 2011: $9,085,381Net Assets 2011: $17,673,2032011Assets 2012: $26,726,672Liabilities 2012: $8,849,900Net Assets 2012: $17,876,7722012Assets 2013: $46,790,570Liabilities 2013: $26,886,464Net Assets 2013: $19,904,1062013Assets 2014: $47,921,813Liabilities 2014: $26,353,483Net Assets 2014: $21,568,3302014Assets 2015: $50,426,611Liabilities 2015: $29,283,422Net Assets 2015: $21,143,1892015Assets 2016: $49,215,835Liabilities 2016: $29,213,868Net Assets 2016: $20,001,9672016Assets 2017: $49,099,922Liabilities 2017: $29,223,456Net Assets 2017: $19,876,4662017Assets 2018: $49,594,275Liabilities 2018: $25,602,439Net Assets 2018: $23,991,8362018Assets 2019: $48,585,741Liabilities 2019: $24,023,703Net Assets 2019: $24,562,0382019Assets 2020: $48,253,660Liabilities 2020: $23,490,898Net Assets 2020: $24,762,7622020Assets 2021: $50,757,463Liabilities 2021: $23,044,512Net Assets 2021: $27,712,9512021Assets 2022: $47,886,546Liabilities 2022: $20,355,427Net Assets 2022: $27,531,1192022Assets 2023: $44,373,889Liabilities 2023: $19,129,588Net Assets 2023: $25,244,3012023Assets 2024: $43,916,145Liabilities 2024: $18,136,128Net Assets 2024: $25,780,0172024

Highlighted filing

2011

Assets$26,758,584
Liabilities$9,085,381
Net Assets$17,673,203

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $14,634,3742010Expenses 2011: $15,322,7692011Expenses 2012: $16,330,7672012Revenue 2013: $18,486,560Expenses 2013: $17,521,008Net Income 2013: $965,5522013Revenue 2014: $20,381,469Expenses 2014: $19,254,754Net Income 2014: $1,126,7152014Revenue 2015: $20,534,662Expenses 2015: $20,859,722Net Income 2015: -$325,0602015Revenue 2016: $21,202,061Expenses 2016: $21,285,501Net Income 2016: -$83,4402016Revenue 2017: $21,222,136Expenses 2017: $22,027,932Net Income 2017: -$805,7962017Revenue 2018: $24,049,550Expenses 2018: $19,833,519Net Income 2018: $4,216,0312018Revenue 2019: $19,907,534Expenses 2019: $18,723,061Net Income 2019: $1,184,4732019Revenue 2020: $17,805,916Expenses 2020: $17,346,886Net Income 2020: $459,0302020Revenue 2021: $19,182,991Expenses 2021: $16,707,899Net Income 2021: $2,475,0922021Revenue 2022: $23,005,525Expenses 2022: $20,893,670Net Income 2022: $2,111,8552022Revenue 2023: $14,808,582Expenses 2023: $16,503,537Net Income 2023: -$1,694,9552023Revenue 2024: $14,229,621Expenses 2024: $14,776,968Net Income 2024: -$547,3472024

Highlighted filing

2011

Revenue-
Expenses$15,322,769
Net Income-
Jump To
Filing Snapshot
Filing Period
Jun 1, 2010 to May 31, 2011
Signed
Apr 16, 2012
Return Version
2010v3.4
Gross Receipts
$22,045,715
Mission and Program Overview

Mission

Related by faith to the united methodist church, louisburg college is a two-year residential institution committed to offering a supportive community that nurtures young men and women intellectually, culturally, socially, physically, and spiritually.

Filing and Contact Details

Filer

EIN
56-0547511
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IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0TO PROVIDE HIGHER EDUCATION OPPORTUNITIES TO STUDENTS UNDER A COLLEGE DEGREE PROGRAM.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY06256852
IRS990/MortNotesPyblSecuredInvestProp/EOY06266081
IRS990/NameOfPrincipalOfficerPerson0MARK D LABRANCHE
IRS990/NbrIndependentVotingMembers029
IRS990/NbrVotingGoverningBodyMembers029
IRS990/NbrVotingMembersGoverningBody029
IRS990/NetAssetsOrFundBalancesBOY015667130
IRS990/NetAssetsOrFundBalancesEOY017673203
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome0250323
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0250323
IRS990/NetRentalIncomeOrLoss/ExclusionAmount063782
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn063782
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096030
IRS990/NumberIndependentVotingMembers029
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K05
IRS990/NumberOfEmployees0341
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral073968
IRS990/Occupancy/ProgramServices0676344
IRS990/Occupancy/Total0750312
IRS990/OfficeExpenses/ManagementAndGeneral093108
IRS990/OfficeExpenses/ProgramServices060606
IRS990/OfficeExpenses/Total0153714
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY0384486
IRS990/OtherAssetsTotal/EOY0384486
IRS990/OtherEmployeeBenefits/ManagementAndGeneral073820
IRS990/OtherEmployeeBenefits/ProgramServices0310502
IRS990/OtherEmployeeBenefits/Total0384322
IRS990/OtherExpensePriorYear05580714
IRS990/OtherExpensesCurrentYear05909507
IRS990/OtherExpenses/Description0FOOD SERVICES
IRS990/OtherExpenses/Description1REPAIRS/MAINTENANCE
IRS990/OtherExpenses/Description2SUPPLIES
IRS990/OtherExpenses/Description3INSURANCE
IRS990/OtherExpenses/Description4BAD DEBTS
IRS990/OtherExpenses/ManagementAndGeneral0348117
IRS990/OtherExpenses/ManagementAndGeneral119645

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.9$18.1$25.8$14.2$14.8$0.55
2023Detailed filing. Detailed filing data is available for this year.$44.4$19.1$25.2$14.8$16.5$1.69
2022Detailed filing. Detailed filing data is available for this year.$47.9$20.4$27.5$23.0$20.9$2.11
2021Detailed filing. Detailed filing data is available for this year.$50.8$23.0$27.7$19.2$16.7$2.48
2020Detailed filing. Detailed filing data is available for this year.$48.3$23.5$24.8$17.8$17.3$0.46
2019Detailed filing. Detailed filing data is available for this year.$48.6$24.0$24.6$19.9$18.7$1.18
2018Detailed filing. Detailed filing data is available for this year.$49.6$25.6$24.0$24.0$19.8$4.22
2017Detailed filing. Detailed filing data is available for this year.$49.1$29.2$19.9$21.2$22.0$0.81
2016Detailed filing. Detailed filing data is available for this year.$49.2$29.2$20.0$21.2$21.3$0.08
2015Detailed filing. Detailed filing data is available for this year.$50.4$29.3$21.1$20.5$20.9$0.33
2014Detailed filing. Detailed filing data is available for this year.$47.9$26.4$21.6$20.4$19.3$1.13
2013Summary only. Only limited summary data is available for this year.$46.8$26.9$19.9$18.5$17.5$0.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.7$8.85$17.9$16.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.8$9.09$17.7$15.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$9.42$15.7$14.6