Civic Intelligence

Lowe'S Charitable and Educational Foundation

990 • Fiscal year 2015 • EIN 56-6061689

Feb 01, 2014 to Jan 31, 2015 • Filed on Jun 08, 2015

Organization ProfileN/A
1000 Lowes BlvdMooresville, NC 28117

(704) 758-2009

Siviq Scores

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

Liabilities / Assets

96th percentile

1.24x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

44th percentile

0.16x

Higher debt load relative to revenue than 44% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Net Margin

84th percentile

23%

Higher net margin than 84% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Asset Growth

2nd percentile

-38%

Faster asset growth than 2% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

99th percentile

365%

Faster revenue growth than 99% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$1,012,450

Down $608,862 (-38%) from 2014

Net Assets

Up

-$246,094

Up $1,832,412 (+88%) from 2014

Liabilities

Down

$1,258,544

Down $2,441,274 (-66%) from 2014

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin84th percentile

Revenue

Up

$7,926,234

Up $6,220,047 (+365%) from 2014

Expenses

Down

$6,092,210

Down $1,145,211 (-16%) from 2014

Net Income

Up

$1,834,024

Up $7,365,258 (+133%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$30M$20M$10M$0-$10MAssets 2011: $22,907,678Liabilities 2011: $10,532,300Net Assets 2011: $12,375,3782011Assets 2012: $24,014,821Liabilities 2012: $9,822,901Net Assets 2012: $14,191,9202012Assets 2013: $8,629,977Liabilities 2013: $5,175,477Net Assets 2013: $3,454,5002013Assets 2014: $1,621,312Liabilities 2014: $3,699,818Net Assets 2014: -$2,078,5062014Assets 2015: $1,012,450Liabilities 2015: $1,258,544Net Assets 2015: -$246,0942015Assets 2016: $1,470,842Liabilities 2016: $1,362,845Net Assets 2016: $107,9972016Assets 2017: $610,835Liabilities 2017: $125,264Net Assets 2017: $485,5712017Assets 2018: $1,875,666Liabilities 2018: $258,449Net Assets 2018: $1,617,2172018Assets 2019: $1,513,384Liabilities 2019: $0Net Assets 2019: $1,513,3842019Assets 2020: $5,298,937Liabilities 2020: $0Net Assets 2020: $5,298,9372020Assets 2021: $10,537,051Liabilities 2021: $3,504,000Net Assets 2021: $7,033,0512021Assets 2022: $8,794,184Liabilities 2022: $4,248,000Net Assets 2022: $4,546,1842022Assets 2023: $18,802,670Liabilities 2023: $870,000Net Assets 2023: $17,932,6702023Assets 2024: $16,296,593Liabilities 2024: $1,650,113Net Assets 2024: $14,646,4802024Assets 2025: $18,775,075Liabilities 2025: $1,633,651Net Assets 2025: $17,141,4242025

Highlighted filing

2015

Assets$1,012,450
Liabilities$1,258,544
Net Assets-$246,094
Open 2015 Filing

Operations Trend

Revenue Growth99th percentile

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

$30M$20M$10M$0-$10MExpenses 2011: $23,486,8142011Revenue 2012: $21,174,219Expenses 2012: $19,357,368Net Income 2012: $1,816,8512012Expenses 2013: $12,504,4982013Revenue 2014: $1,706,187Expenses 2014: $7,237,421Net Income 2014: -$5,531,2342014Revenue 2015: $7,926,234Expenses 2015: $6,092,210Net Income 2015: $1,834,0242015Revenue 2016: $6,371,858Expenses 2016: $5,522,143Net Income 2016: $849,7152016Revenue 2017: $2,954,949Expenses 2017: $2,577,375Net Income 2017: $377,5742017Revenue 2018: $3,152,712Expenses 2018: $2,030,016Net Income 2018: $1,122,6962018Revenue 2019: $3,095,831Expenses 2019: $3,199,664Net Income 2019: -$103,8332019Revenue 2020: $4,876,039Expenses 2020: $1,090,486Net Income 2020: $3,785,5532020Revenue 2021: $10,106,970Expenses 2021: $8,372,856Net Income 2021: $1,734,1142021Revenue 2022: $2,155,365Expenses 2022: $4,642,232Net Income 2022: -$2,486,8672022Revenue 2023: $15,875,960Expenses 2023: $2,489,474Net Income 2023: $13,386,4862023Revenue 2024: $19,566,102Expenses 2024: $22,793,917Net Income 2024: -$3,227,8152024Revenue 2025: $25,271,969Expenses 2025: $22,777,025Net Income 2025: $2,494,9442025

Highlighted filing

2015

Revenue$7,926,234
Expenses$6,092,210
Net Income$1,834,024
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2014 to Jan 31, 2015
Signed
Jun 8, 2015
Return Version
2014v5.0
Gross Receipts
$8,097,146
Mission and Program Overview

Mission

The Organization's purpose is to provide funding for

The Organization's purpose is to provide funding for nonprofit organizations and public agencies that have the greatest impact on K-12 public education and community improvement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,576,337$974,775▼ $601,562
Pledges and Grants Receivable$44,975$37,675▼ $7,300
Total Assets$1,621,312$1,012,450▼ $608,862
Liabilities
Grants Payable$3,699,818$1,258,544▼ $2,441,274
Total Liabilities$3,699,818$1,258,544▼ $2,441,274
Net Assets / Fund Balance
Unrestricted Net Assets$-2,078,506$-246,094▲ $1,832,412
Total Net Assets Fund Balance$-2,078,506$-246,094▲ $1,832,412
Total Liabilities and Net Assets / Fund Balance$1,621,312$1,012,450▼ $608,862
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Maureen K AusuraPresident
N Brian PeaceSr. Vice President
Calvin AdamsTrustee
Erin SellmanTrustee
Janet SauraTrustee
Marshall a CroomTrustee
Rick DamronTrustee
Ricki BargerTrustee
Sandy FeltonTrustee
Tom LambTrustee
Jeffrey R ViningAsst. Secretary
Hannah H KimSecretary
David R GreenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,926,234
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$6,458,971
Change in Net Assets
$1,834,024

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table302$90,301Fair Market Value (FMV)
Other Non Cash Contri Table302$80,611Fair Market Value (FMV)
Total Noncash Contributions604$170,912-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,059,081
Other Expenses$33,129
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,989,630--$5,989,630
Foreign Grants$69,451--$69,451
Fees for Services Management$31,000$0$0$31,000
Other Expenses$485$0$0$485
Total Functional Expenses$6,092,210$0$0$6,092,210
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
See Attached ScheduleSee Attached Schedule, NC-See Attached$4,487,703

International Summary

Offices
0
Employees
0
Spending
$69,451

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServicesCommunity Imp.00$69,451
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$170,912
Fundraising Gross Income$170,912
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Swing For Charity$1,638,175$170,912$8,597$162,315
Total Events$1,638,175$170,912$170,912-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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
Lowe's Charitable and Educational Foundation
EIN
56-6061689
Phone
7047582009
Address
1000 Lowes Blvd, Mooresville, NC 28117

Signing Officer

Name
David R Green
Title
Treasurer
Phone
7047582009
Signed
2015-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David R Green
Formed
1957
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
50

Preparer

Firm
David Green CPA
Address
118 RED BROOK LANE, MOORESVILLE, NC 28117
Preparer
David R Green
Phone
7047993188
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is reviewed by multiple volunteer CPAs for Accuracy”

Pt VI, Line 19

“All governing documents and financial statments are available to the public”

Pt XII, Line 1

“Organization changed from cash to accrual method in 2010”

Pt VI, Line 12C

“All directors, officers and committee members annually certify compliance with the organization's policy.”

Pt VI, Line 15A

“See statement below”

Pt VI, Line 15B

“The Organization's compensation policy states that no trustee, or officer shall be compensated for serving in their capacity as a trustee or officer.”

Pt VI, Line 2

“Trustees and officers are employees of Lowe's Companies, Inc.”

Pt VI, Line 4

“The Bylaws were amended to stagger the Board, institute term limits and provide the Vice Chairman succeeds the Chairman.”

Pt VI, Line 4

“The primary change related to corporate officers. The office of Assistant Secretary was added.”

Pt XI

“Foreign currency translation adjustment -$1,612”

Raw XML AppendixShowing 400 of 463 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.

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IRS990/ProgSrvcAccomActy3Grp/Desc0DURING THE YEAR ENDED JANUARY 31, 2014, THE ORGANIZATION HELPED 18 ORGANIZATIONS INVOLVED IN PROMOTING HIGHER EDUCATION AS WELL AS TRADE EDUCATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0428465
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0428465
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01705958
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt07032024
IRS990/PYOtherExpensesAmt0205397
IRS990/PYProgramServiceRevenueAmt0229
IRS990/PYRevenuesLessExpensesAmt0-5531234
IRS990/PYTotalExpensesAmt07237421
IRS990/PYTotalRevenueAmt01706187
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01834024
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01576337
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0974775
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Foreign Currency Translation 2010: 13040. 2013: 229.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07926234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01421276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01436227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020853684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022250800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt053888221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt023640
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026177
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0229
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt013040
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013269
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76480
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.87280
IRS990ScheduleA/PublicSupportTotal170Amt041245862
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt012642359
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07926234
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01421276
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01436227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020853684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022250800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt053888221
IRS990ScheduleA/TotalSupportAmt053927667
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
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt069451
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Community Imp.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt075000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Check
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Various
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt069451
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The Organization's procedures for monitoring the use of grant funds outside of the United States is the same as the ones used within the country. Lowe's Charitable and Educational Foundation utilizes volunteers to oversee its on-line application process for determining grass root community and school projects that best accentuate the Organization's mission - providing impactful support to local communities. The Foundation is overseen by a board of Trustees that are representatives of Lowe's Companies, Inc. These individuals provide diversity of thought, leadership and experience to further shape the foundation's work and ensure its mission is achieved.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt069451
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01467263
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01467263
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0170912
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Swing For Charity
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt085061
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt085061
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01638175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01638175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0170912
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0170912
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt076365
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt076365
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08597
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08597
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0889
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0889
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt04487703
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0See Attached
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0See Attached Schedule
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0See Attached Schedule
IRS990ScheduleI/RecipientTable/USAddress/CityNm0See Attached Schedule
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd028117
IRS990ScheduleI/Total501c3OrgCnt0148
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0302
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt1302
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Food/Entertainment
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Golf/Awards
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt090301
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt180611
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is reviewed by multiple volunteer CPAs for Accuracy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All governing documents and financial statments are available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization changed from cash to accrual method in 2010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All directors, officers and committee members annually certify compliance with the organization's policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4See statement below
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization's compensation policy states that no trustee, or officer shall be compensated for serving in their capacity as a trustee or officer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Trustees and officers are employees of Lowe's Companies, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Bylaws were amended to stagger the Board, institute term limits and provide the Vice Chairman succeeds the Chairman.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The primary change related to corporate officers. The office of Assistant Secretary was added.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Foreign currency translation adjustment -$1,612
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01621312

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,012,450
Liabilities
$1,258,544
Net assets
-$246,094
Revenue
$7,926,234
Expenses
$6,092,210
Net income
$1,834,024
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$1.63$17.1$25.3$22.8$2.49
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$1.65$14.6$19.6$22.8$3.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$0.87$17.9$15.9$2.49$13.4
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.79$4.25$4.55$2.16$4.64$2.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$3.50$7.03$10.1$8.37$1.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.00$5.30$4.88$1.09$3.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$3.10$3.20$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.26$1.62$3.15$2.03$1.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.13$0.49$2.95$2.58$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$1.36$0.11$6.37$5.52$0.85
2015Detailed filing. Detailed filing data is available for this year.$1.01$1.26$0.25$7.93$6.09$1.83
2014Detailed filing. Detailed filing data is available for this year.$1.62$3.70$2.08$1.71$7.24$5.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.63$5.18$3.45$12.5
2012Summary only. Only limited summary data is available for this year.$24.0$9.82$14.2$21.2$19.4$1.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.9$10.5$12.4$23.5