Civic Intelligence

Liberty Corner Enterprises Inc

EIN 56-1562650 • 501(c)3 • Asheville, NC

View Organization Page

Profile

LCE is an independent non-profit organization dedicated to supporting persons with developmental disabilities in their quest to achieve human dignity through living, working and playing in the homes, job and neighborhoods of their choice.

119 Tunnel RoadAsheville, NC 28805

lcewnc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.43x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.15x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

34th percentile

-2.1%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

0.3%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$752,897

Down $603,035 (-44%) from 2023

Liabilities

Down

$482,070

Down $95,691 (-17%) from 2023

Net Assets

Down

$270,827

Down $507,344 (-65%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin34th percentile

Revenue

Down

$3,209,466

Down $595,757 (-16%) from 2023

Expenses

Down

$3,816,566

Down $69,229 (-1.8%) from 2023

Net Income

Down

-$607,100

Down $526,528 (-653%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,261,001Liabilities 2011: $1,014,127Net Assets 2011: $2,246,8742011Assets 2012: $3,012,403Liabilities 2012: $922,194Net Assets 2012: $2,090,2092012Assets 2013: $2,502,490Liabilities 2013: $751,729Net Assets 2013: $1,750,7612013Assets 2014: $2,844,051Liabilities 2014: $630,483Net Assets 2014: $2,213,5682014Assets 2015: $2,970,512Liabilities 2015: $1,109,752Net Assets 2015: $1,860,7602015Assets 2016: $2,707,495Liabilities 2016: $1,123,615Net Assets 2016: $1,583,8802016Assets 2017: $2,605,461Liabilities 2017: $1,158,761Net Assets 2017: $1,446,7002017Assets 2018: $1,129,877Liabilities 2018: $534,036Net Assets 2018: $595,8412018Assets 2019: $973,785Liabilities 2019: $458,216Net Assets 2019: $515,5692019Assets 2020: $1,262,554Liabilities 2020: $935,178Net Assets 2020: $327,3762020Assets 2021: $1,499,174Liabilities 2021: $534,124Net Assets 2021: $965,0502021Assets 2022: $1,219,013Liabilities 2022: $503,929Net Assets 2022: $715,0842022Assets 2023: $1,355,932Liabilities 2023: $577,761Net Assets 2023: $778,1712023Assets 2024: $752,897Liabilities 2024: $482,070Net Assets 2024: $270,8272024

Highlighted filing

2024

Assets$752,897
Liabilities$482,070
Net Assets$270,827
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,877,1822011Expenses 2012: $3,743,3282012Expenses 2013: $3,116,3532013Revenue 2014: $3,575,051Expenses 2014: $3,112,244Net Income 2014: $462,8072014Revenue 2015: $2,914,555Expenses 2015: $3,267,363Net Income 2015: -$352,8082015Revenue 2016: $2,727,750Expenses 2016: $3,035,975Net Income 2016: -$308,2252016Revenue 2017: $2,923,661Expenses 2017: $3,060,841Net Income 2017: -$137,1802017Revenue 2018: $2,973,734Expenses 2018: $3,824,593Net Income 2018: -$850,8592018Revenue 2019: $3,085,696Expenses 2019: $3,165,968Net Income 2019: -$80,2722019Revenue 2020: $3,247,865Expenses 2020: $3,436,058Net Income 2020: -$188,1932020Revenue 2021: $4,141,112Expenses 2021: $3,503,438Net Income 2021: $637,6742021Revenue 2022: $3,792,734Expenses 2022: $4,102,700Net Income 2022: -$309,9662022Revenue 2023: $3,805,223Expenses 2023: $3,885,795Net Income 2023: -$80,5722023Revenue 2024: $3,209,466Expenses 2024: $3,816,566Net Income 2024: -$607,1002024

Highlighted filing

2024

Revenue$3,209,466
Expenses$3,816,566
Net Income-$607,100
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$752,897
Liabilities
$482,070
Net assets
$270,827
Revenue
$3,209,466
Expenses
$3,816,566
Net income
-$607,100
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.75$0.48$0.27$3.21$3.82$0.61
2023Detailed filing. Detailed filing data is available for this year.$1.36$0.58$0.78$3.81$3.89$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.22$0.50$0.72$3.79$4.10$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.53$0.97$4.14$3.50$0.64
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.94$0.33$3.25$3.44$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.97$0.46$0.52$3.09$3.17$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.53$0.60$2.97$3.82$0.85
2017Detailed filing. Detailed filing data is available for this year.$2.61$1.16$1.45$2.92$3.06$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.71$1.12$1.58$2.73$3.04$0.31
2015Detailed filing. Detailed filing data is available for this year.$2.97$1.11$1.86$2.91$3.27$0.35
2014Detailed filing. Detailed filing data is available for this year.$2.84$0.63$2.21$3.58$3.11$0.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.75$1.75$3.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.92$2.09$3.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$1.01$2.25$3.88
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$3,209,466
Mission and Program Overview

Mission

Lce is an independent, non-profit organization dedicated to supporting persons with developmental disabilities in their quest to achieve human dignity through living, working and playing in the homes, job, and neighborhoods of their choice.

Liberty Corner Enterprises (LCE) is dedicated to supporting persons with developmental disabilities in their quest to achieve human dignity through living, working and playing in the homes, job and neighborhoods of their choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$404,038$346,300▼ $57,738
Accounts Receivable$282,318$137,268▼ $145,050
Savings and Temporary Cash Investments$403,650$113,714▼ $289,936
Prepaid Expenses and Deferred Charges$42,190$49,381▲ $7,191
Pledges and Grants Receivable$20,298--
Cash and Non-Interest-Bearing Accounts$42,506$9,788▼ $32,718
Total Assets$1,355,932$752,897▼ $603,035
Other Assets Total$160,932$96,446▼ $64,486
Liabilities
Other Liabilities$338,643$298,790▼ $39,853
Accounts Payable and Accrued Expenses$214,675$157,462▼ $57,213
Mortgage Notes Payable Secured by Investment Property$24,443$25,818▲ $1,375
Total Liabilities$577,761$482,070▼ $95,691
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$742,966$235,622▼ $507,344
Net Assets With Donor Restrictions$35,205$35,205→ $0
Total Net Assets Fund Balance$778,171$270,827▼ $507,344
Total Liabilities and Net Assets / Fund Balance$1,355,932$752,897▼ $603,035

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$220,796$245,641$466,437
Other Land Buildings$60,510$261,541$322,051
Equipment$4,994$59,107$64,101
Land$60,000-$60,000
Other Assets Org$96,446--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer WaiteExecutive DirectorFT$94,095$1,364$95,459
Katherine Van HorneChief Financial OfficerFT$70,706$56$70,762

Board Members and Trustees

NameTitle
Ray HemachandraPresident
Jim WildeDirector
Karen GrayDirector
Eva FarrenSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,073
Program Service Revenue
$3,190,313
Investment Income
$80
Other Revenue
$0
All Other Contributions
$19,073
Change in Net Assets
$-607,100

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,209,466
Total Revenue per Audited Statements
$3,209,466
Total Revenue per Form 990
$3,209,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,958,121
Other Expenses$858,445
Total Fundraising Expense$4,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,095,348$459,955$0$2,555,303
Occupancy$164,910$48,532$0$213,442
Payroll Taxes$167,616$36,794$0$204,410
Current Officers, Directors, Trustees, and Key Employees$162,695$35,713$0$198,408
All Other Expenses$20,691$124,657$4,183$149,531
Fees for Services Other$92,776$10,641$0$103,417
Depreciation Depletion$61,723$0$0$61,723
Insurance$41,617$17,403$0$59,020
Information Technology$0$40,636$0$40,636
Office Expenses$17,822$20,268$0$38,090
Travel$12,090$16,328$0$28,418
Fees for Services Accounting$0$21,100$0$21,100
Advertising$0$8,813$0$8,813
Other Expenses$6,011$0$0$6,011
Total Functional Expenses$2,971,543$840,840$4,183$3,816,566

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,816,566
Total Expenses per Audited Statements$3,816,566
Total Expenses per Form 990$3,816,566
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
ACA Compliance Penalty$199,121
Lease Liability$99,669
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
Liberty Corner Enterprises Inc
EIN
56-1562650
Phone
8282549917
Address
119 Tunnel Road, Asheville, NC 28805

Signing Officer

Name
Jennifer Waite
Title
Executive Director
Phone
8282549917
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Waite
Formed
1987
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
96
Volunteers
4

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Todd Oldenburg
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is prepared by a CPA firm. The form 990 is distributed to the governing board in advance of a board meeting in which the board reviews and approves the tax return prior to filing”

Pt VI, Line 12C

“Staff and board members must disclose conflicts of interest in written form on a annual basis”

Pt VI, Line 15A

“Comparisons to similar positions in the Buncombe county area as well as the non-profit field were made to determine salaries. Additionally, the outside recruiting organization used for the executive director position worked with the board to determine the salary range for that position.”

Pt VI, Line 19

“The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. The Forms 990 are available on the websites of many charity watchdog organizations.”

Other

“During the audit, it was determined that the Accrued Payroll was overstated in the prior year audit because a payment to the payroll provider was submitted before fiscal year end. The effect of this adjustment was to increase the net assets without donor restrictions balance by $99,756 and decrease the Accrued Payroll liability balance by $99,756 as of June 30, 2023.”

Financial Statement Notes

Pt X, Line 2

“LCE is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to an organizations tax-exempt purpose may be subject to taxation as unrelated business income. LCE had no income from unrelated business activities during the 2023-24 fiscal year and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). LCE believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 495 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/BOYAmt0214675
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0157462
IRS990/AccountsReceivableGrp/BOYAmt0282318
IRS990/AccountsReceivableGrp/EOYAmt0137268
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Liberty Corner Enterprises (LCE) is dedicated to supporting persons with developmental disabilities in their quest to achieve human dignity through living, working and playing in the homes, job and neighborhoods of their choice.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt08813
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt08813
IRS990/AllOtherContributionsAmt019073
IRS990/AllOtherExpensesGrp/FundraisingAmt04183
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0124657
IRS990/AllOtherExpensesGrp/ProgramServicesAmt020691
IRS990/AllOtherExpensesGrp/TotalAmt0149531
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Katherine Van Horne
IRS990/BooksInCareOfDetail/PhoneNum08282549917
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0119 Tunnel Rd Suite 120
IRS990/BooksInCareOfDetail/USAddress/CityNm0Asheville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028805
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt042506
IRS990/CashNonInterestBearingGrp/EOYAmt09788
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt035713
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0162695
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0198408
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt019073
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt080
IRS990/CYOtherExpensesAmt0858445
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03190313
IRS990/CYRevenuesLessExpensesAmt0-607100
IRS990/CYSalariesCompEmpBnftPaidAmt02958121
IRS990/CYTotalExpensesAmt03816566
IRS990/CYTotalFundraisingExpenseAmt04183
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03209466
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt061723
IRS990/DepreciationDepletionGrp/TotalAmt061723
IRS990/Desc0Liberty Corner Enterprises has grown to provide an array of services to assist individuals with intellectual / developmental disablilties to live their best life. These supports and services include: Supported Living Supervised Living Alternative Family Living. Community Activities Supported Employment More than 50 individuals are served on an annual basis.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt035205
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt035205
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt096
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02971543
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021100
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt021100
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010641
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt092776
IRS990/FeesForServicesOtherGrp/TotalAmt0103417
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt01364
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt156
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Jennifer Waite
IRS990/Form990PartVIISectionAGrp/PersonNm1Katherine Van Horne
IRS990/Form990PartVIISectionAGrp/PersonNm2Ray Hemachandra
IRS990/Form990PartVIISectionAGrp/PersonNm3Eva Farren
IRS990/Form990PartVIISectionAGrp/PersonNm4Karen Gray
IRS990/Form990PartVIISectionAGrp/PersonNm5Jim Wilde
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt094095
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170706
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03209466
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt040636
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt040636
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt017403
IRS990/InsuranceGrp/ProgramServicesAmt041617
IRS990/InsuranceGrp/TotalAmt059020
IRS990/InvestmentIncomeGrp/ExclusionAmt080
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt080
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0566289
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0404038
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0346300
IRS990/LandBldgEquipCostOrOtherBssAmt0912589
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LCE is an independent non-profit organization dedicated to supporting persons with developmental disabilities in their quest to achieve human dignity through living, working and playing in the homes, job and neighborhoods of their choice.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt024443
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt025818
IRS990/NetAssetsOrFundBalancesBOYAmt0778171
IRS990/NetAssetsOrFundBalancesEOYAmt0270827
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0742966
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0235622
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt048532
IRS990/OccupancyGrp/ProgramServicesAmt0164910
IRS990/OccupancyGrp/TotalAmt0213442
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020268
IRS990/OfficeExpensesGrp/ProgramServicesAmt017822
IRS990/OfficeExpensesGrp/TotalAmt038090
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0160932
IRS990/OtherAssetsTotalGrp/EOYAmt096446
IRS990/OtherExpensesGrp/Desc0Food
IRS990/OtherExpensesGrp/Desc1Housekeeping and Supplies
IRS990/OtherExpensesGrp/Desc2Pharmacy and Medicine
IRS990/OtherExpensesGrp/Desc3Other Supplies
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt081323
IRS990/OtherExpensesGrp/ProgramServicesAmt119342
IRS990/OtherExpensesGrp/ProgramServicesAmt227579
IRS990/OtherExpensesGrp/ProgramServicesAmt36011
IRS990/OtherExpensesGrp/TotalAmt081323
IRS990/OtherExpensesGrp/TotalAmt119342
IRS990/OtherExpensesGrp/TotalAmt227579
IRS990/OtherExpensesGrp/TotalAmt36011
IRS990/OtherLiabilitiesGrp/BOYAmt0338643
IRS990/OtherLiabilitiesGrp/EOYAmt0298790
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0459955
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02095348
IRS990/OtherSalariesAndWagesGrp/TotalAmt02555303
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036794
IRS990/PayrollTaxesGrp/ProgramServicesAmt0167616
IRS990/PayrollTaxesGrp/TotalAmt0204410
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020298
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042190
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049381
IRS990/PrincipalOfficerNm0Jennifer Waite
IRS990/PriorPeriodAdjustmentsAmt099756
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624200
IRS990/ProgramServiceRevenueGrp/BusinessCd1624200
IRS990/ProgramServiceRevenueGrp/Desc0Residential Support
IRS990/ProgramServiceRevenueGrp/Desc1Supportive Services
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03101458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt188855
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0104038
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0117
IRS990/PYOtherExpensesAmt0930507
IRS990/PYOtherRevenueAmt0300
IRS990/PYProgramServiceRevenueAmt03700768
IRS990/PYRevenuesLessExpensesAmt0-80572
IRS990/PYSalariesCompEmpBnftPaidAmt02955288
IRS990/PYTotalExpensesAmt03885795
IRS990/PYTotalRevenueAmt03805223
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-607100
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03190313
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0403650
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0113714
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0104038
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0168993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0653087
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt077227
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01022418
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt080
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0123
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt089
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0527
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03190313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03700768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03622248
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03516146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03161813
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017191288
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt080
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0123
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0527
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.96490
IRS990ScheduleA/PublicSupportPY509Pct00.96410
IRS990ScheduleA/PublicSupportTotal509Amt017574418
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0639288
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0639288
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0639288
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0639288
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03209386
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03804806
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03791241
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04169233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03239040
IRS990ScheduleA/Total509Grp/TotalAmt018213706
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018214233
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0220796
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0245641
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0466437
IRS990ScheduleD/EquipmentGrp/BookValueAmt04994
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059107
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt064101
IRS990ScheduleD/ExpensesSubtotalAmt03816566
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt060000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt096446
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right-of-Use Assets
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt060510
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0261541
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0322051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0199121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt199669
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACA Compliance Penalty
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Lease Liability
IRS990ScheduleD/RevenueSubtotalAmt03209466
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LCE is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to an organizations tax-exempt purpose may be subject to taxation as unrelated business income. LCE had no income from unrelated business activities during the 2023-24 fiscal year and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). LCE believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0346300
IRS990ScheduleD/TotalBookValueOtherAssetsAmt096446
IRS990ScheduleD/TotalExpensesPerForm990Amt03816566
IRS990ScheduleD/TotalLiabilityAmt0298790
IRS990ScheduleD/TotalRevenuePerForm990Amt03209466
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03209466
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03816566
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is prepared by a CPA firm. The form 990 is distributed to the governing board in advance of a board meeting in which the board reviews and approves the tax return prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Staff and board members must disclose conflicts of interest in written form on a annual basis
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Comparisons to similar positions in the Buncombe county area as well as the non-profit field were made to determine salaries. Additionally, the outside recruiting organization used for the executive director position worked with the board to determine the salary range for that position.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. The Forms 990 are available on the websites of many charity watchdog organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4During the audit, it was determined that the Accrued Payroll was overstated in the prior year audit because a payment to the payroll provider was submitted before fiscal year end. The effect of this adjustment was to increase the net assets without donor restrictions balance by $99,756 and decrease the Accrued Payroll liability balance by $99,756 as of June 30, 2023.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Liberty Corner Enterprises
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WNCCHS Marne Road Group Home
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0562000850
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Housing for Disabled
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt062 Marne Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Asheville
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028803
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.