Civic Intelligence

Lanier Technical College Foundation Inc.

990 • Fiscal year 2012 • EIN 58-1688866

Jul 01, 2011 to Jun 30, 2012 • Filed on Jan 25, 2013

2990 Landrum Education Drive30566
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.04x

Higher debt load relative to assets than 33% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

29th percentile

-3.2%

Faster asset growth than 29% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,127,021

Down $37,241 (-3.2%) from 2011

Net Assets

Down

$1,086,848

Down $64,671 (-5.6%) from 2011

Liabilities

Up

$40,173

Up $27,430 (+215%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$456,531

Up $32,478 (+7.7%) from 2011

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.

$6.0M$4.0M$2.0M$0Assets 2010: $1,091,044Liabilities 2010: $14,903Net Assets 2010: $1,076,1412010Assets 2011: $1,164,262Liabilities 2011: $12,743Net Assets 2011: $1,151,5192011Assets 2012: $1,127,021Liabilities 2012: $40,173Net Assets 2012: $1,086,8482012Assets 2013: $1,157,957Liabilities 2013: $12,468Net Assets 2013: $1,145,4892013Assets 2014: $1,234,275Liabilities 2014: $22,539Net Assets 2014: $1,211,7362014Assets 2015: $1,646,360Liabilities 2015: $3,351Net Assets 2015: $1,643,0092015Assets 2016: $1,750,972Liabilities 2016: $585Net Assets 2016: $1,750,3872016Assets 2017: $2,021,923Liabilities 2017: $0Net Assets 2017: $2,021,9232017Assets 2018: $5,245,274Liabilities 2018: $12,109Net Assets 2018: $5,233,1652018Assets 2019: $5,198,726Liabilities 2019: $2,000Net Assets 2019: $5,196,7262019Assets 2020: $4,752,438Liabilities 2020: $0Net Assets 2020: $4,752,4382020Assets 2021: $5,323,750Liabilities 2021: $0Net Assets 2021: $5,323,7502021Assets 2022: $4,728,408Liabilities 2022: $0Net Assets 2022: $4,728,4082022Assets 2023: $4,999,325Liabilities 2023: $0Net Assets 2023: $4,999,3252023Assets 2024: $5,465,168Liabilities 2024: $0Net Assets 2024: $5,465,1682024Assets 2025: $5,833,969Liabilities 2025: $0Net Assets 2025: $5,833,9692025

Highlighted filing

2012

Assets$1,127,021
Liabilities$40,173
Net Assets$1,086,848

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $829,8312010Revenue 2011: $467,356Expenses 2011: $424,053Net Income 2011: $43,3032011Expenses 2012: $456,5312012Revenue 2013: $539,382Expenses 2013: $503,511Net Income 2013: $35,8712013Revenue 2014: $374,186Expenses 2014: $357,411Net Income 2014: $16,7752014Revenue 2015: $963,776Expenses 2015: $537,404Net Income 2015: $426,3722015Revenue 2016: $575,154Expenses 2016: $453,850Net Income 2016: $121,3042016Revenue 2017: $986,715Expenses 2017: $823,123Net Income 2017: $163,5922017Revenue 2018: $4,049,144Expenses 2018: $921,117Net Income 2018: $3,128,0272018Revenue 2019: $530,867Expenses 2019: $635,573Net Income 2019: -$104,7062019Revenue 2020: $160,106Expenses 2020: $621,870Net Income 2020: -$461,7642020Revenue 2021: $669,812Expenses 2021: $430,339Net Income 2021: $239,4732021Revenue 2022: $230,619Expenses 2022: $496,382Net Income 2022: -$265,7632022Revenue 2023: $314,724Expenses 2023: $207,988Net Income 2023: $106,7362023Revenue 2024: $681,688Expenses 2024: $496,685Net Income 2024: $185,0032024Revenue 2025: $500,764Expenses 2025: $372,855Net Income 2025: $127,9092025

Highlighted filing

2012

Revenue-
Expenses$456,531
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Jan 25, 2013
Return Version
2011v1.5
Gross Receipts
$404,249
Mission and Program Overview

Mission

To support lanier technical college by enhancing its image and expanding awareness and opportunities of the college as a workforce development resource

Major Activities

Activity 2
Institutional advancement - to solicit funding in support of the college's strategic plans for future growth by upgrading or expanding present physical facilities to be the premier workforce development and training institution in northeast georgia.
Activity 3
Instructional programs - to solicit funding and in-kind donations that support and improve instructional training programs, which align with community workforce needs, and to procure instructional equipment for technical training.
Filing and Contact Details

Filer

EIN
58-1688866
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/AgentTrusteeEtc0false
IRS990ScheduleD/AreRelatedOrgsListedScheduleR0false
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance0108504
IRS990ScheduleD/CurrentYear/EndOfYearBalance0111067
IRS990ScheduleD/CurrentYear/GrantsOrScholarships0251
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses02814
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance0101387
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance0108504
IRS990ScheduleD/CurrentYearMinus1Year/GrantsOrScholarships01750
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses08867
IRS990ScheduleD/DisclosedForCharitablePurposes0false
IRS990ScheduleD/DisclosedOrgsLegalControl0false
IRS990ScheduleD/DonatedServicesUseOfFacilities087320
IRS990ScheduleD/DonatedSrvcAndUseOfFacilities087320
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs0false
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs0false
IRS990ScheduleD/ExcessOrDeficitForYear0-68956
IRS990ScheduleD/ExcessOrDeficitPerFS0-64671
IRS990ScheduleD/ExpensesNotRptdF9900103994
IRS990ScheduleD/ExpensesSubtotal0456531
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0INCOME TAXES THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501 (C) (3) OF THE U.S. INTERNAL REVENUE CODE. THE FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509 (A) AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170. THE FOUNDATION IMPLEMENTED THE NEW ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD FASB ASC 740, INCOME TAXES. THE GUIDANCE PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2012, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1FUNDRAISING DIRECT EXPENSE 16,674 FUNDRAISING DIRECT EXPENSE -16,674
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2FUNDRAISING DIRECT EXPENSE 16,674
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation3FUNDRAISING DIRECT EXPENSE 16,674
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0LIABILITY UNDER FIN 48 FOOTNOTE
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1RECONCILIATION OF CHANGES - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier3EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1SCHEDULE D, PAGE 4, PART XI, LINE 8
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference3SCHEDULE D, PAGE 4, PART XIII, LINE 2D
IRS990ScheduleD/IncludedOnFS0false
IRS990ScheduleD/NetUnrealizedGainsInvestments04285
IRS990ScheduleD/NetUnrealizedGLOnInvestments04285
IRS990ScheduleD/OtherExpensesIncluded016674
IRS990ScheduleD/OtherLiabilities/Amount0960
IRS990ScheduleD/OtherLiabilities/Description0DEFERRED REVENUE
IRS990ScheduleD/OtherRevenues016674
IRS990ScheduleD/PermanentEndowmentEOYBalance00.82000
IRS990ScheduleD/RevenueNotRptdF9900108279
IRS990ScheduleD/RevenueSubtotal0387575

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.83$0.00$5.83$0.50$0.37$0.13
2024Detailed filing. Detailed filing data is available for this year.$5.47$0.00$5.47$0.68$0.50$0.19
2023Detailed filing. Detailed filing data is available for this year.$5.00$0.00$5.00$0.31$0.21$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.73$0.00$4.73$0.23$0.50$0.27
2021Detailed filing. Detailed filing data is available for this year.$5.32$0.00$5.32$0.67$0.43$0.24
2020Detailed filing. Detailed filing data is available for this year.$4.75$0.00$4.75$0.16$0.62$0.46
2019Detailed filing. Detailed filing data is available for this year.$5.20$0.00$5.20$0.53$0.64$0.10
2018Detailed filing. Detailed filing data is available for this year.$5.25$0.01$5.23$4.05$0.92$3.13
2017Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$0.99$0.82$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.58$0.45$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.64$0.96$0.54$0.43
2014Detailed filing. Detailed filing data is available for this year.$1.23$0.02$1.21$0.37$0.36$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.01$1.15$0.54$0.50$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.04$1.09$0.46
2011Summary only. Only limited summary data is available for this year.$1.16$0.01$1.15$0.47$0.42$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.01$1.08$0.83