Civic Intelligence

Les Passees Inc.

990 • Fiscal year 2022 • EIN 62-6036378

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 30, 2023

5489 Murray AvenueMemphis, TN 38119

(901) 761-5525

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

11th percentile

-29%

Higher net margin than 11% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

28th percentile

-5.7%

Faster asset growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

22nd percentile

-16%

Faster revenue growth than 22% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,022,776

Down $61,740 (-5.7%) from 2021

Net Assets

Down

$1,022,776

Down $61,740 (-5.7%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$211,429

Down $38,809 (-16%) from 2021

Expenses

Up

$273,169

Up $108,466 (+66%) from 2021

Net Income

Down

-$61,740

Down $147,275 (-172%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $894,677Liabilities 2010: $94,934Net Assets 2010: $799,7432010Assets 2011: $797,932Liabilities 2011: $39,042Net Assets 2011: $758,8902011Assets 2012: $813,106Liabilities 2012: $49,224Net Assets 2012: $763,8822012Assets 2013: $891,747Liabilities 2013: $58,293Net Assets 2013: $833,4542013Assets 2014: $930,325Liabilities 2014: $56,437Net Assets 2014: $873,8882014Assets 2015: $976,768Liabilities 2015: $83,902Net Assets 2015: $892,8662015Assets 2016: $945,975Liabilities 2016: $52,377Net Assets 2016: $893,5982016Assets 2017: $1,024,896Liabilities 2017: $58,098Net Assets 2017: $966,7982017Assets 2018: $1,033,668Liabilities 2018: $50,249Net Assets 2018: $983,4192018Assets 2019: $1,144,661Liabilities 2019: $68,113Net Assets 2019: $1,076,5482019Assets 2020: $1,011,691Liabilities 2020: $12,710Net Assets 2020: $998,9812020Assets 2021: $1,084,516Liabilities 2021: $0Net Assets 2021: $1,084,5162021Assets 2022: $1,022,776Liabilities 2022: $0Net Assets 2022: $1,022,7762022Assets 2023: $1,243,906Liabilities 2023: $0Net Assets 2023: $1,243,9062023Assets 2024: $1,332,685Liabilities 2024: $3,018Net Assets 2024: $1,329,6672024

Highlighted filing

2022

Assets$1,022,776
Liabilities$0
Net Assets$1,022,776

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $284,469Expenses 2010: $264,687Net Income 2010: $19,7822010Revenue 2011: $202,677Expenses 2011: $243,530Net Income 2011: -$40,8532011Revenue 2012: $256,822Expenses 2012: $251,830Net Income 2012: $4,9922012Revenue 2013: $292,584Expenses 2013: $223,011Net Income 2013: $69,5732013Revenue 2014: $250,465Expenses 2014: $210,031Net Income 2014: $40,4342014Revenue 2015: $245,355Expenses 2015: $226,377Net Income 2015: $18,9782015Revenue 2016: $219,475Expenses 2016: $218,743Net Income 2016: $7322016Revenue 2017: $289,881Expenses 2017: $216,681Net Income 2017: $73,2002017Revenue 2018: $234,588Expenses 2018: $217,967Net Income 2018: $16,6212018Revenue 2019: $298,204Expenses 2019: $205,075Net Income 2019: $93,1292019Revenue 2020: $113,504Expenses 2020: $191,071Net Income 2020: -$77,5672020Revenue 2021: $250,238Expenses 2021: $164,703Net Income 2021: $85,5352021Revenue 2022: $211,429Expenses 2022: $273,169Net Income 2022: -$61,7402022Revenue 2023: $431,512Expenses 2023: $210,382Net Income 2023: $221,1302023Revenue 2024: $338,233Expenses 2024: $252,472Net Income 2024: $85,7612024

Highlighted filing

2022

Revenue$211,429
Expenses$273,169
Net Income-$61,740
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 30, 2023
Return Version
2022v5.0
Gross Receipts
$717,837
Mission and Program Overview

Mission

To raise funds in order to provide support for various local charities.

To provide advocacy and support to enhance the quality of life for children and their families in our community through financial support to various local charities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$367,151$369,060▲ $1,909
Investments in Publicly Traded Securities$397,598$342,976▼ $54,622
Land, Buildings, and Equipment, Net$311,071$298,534▼ $12,537
Savings and Temporary Cash Investments$8,696$12,136▲ $3,440
Accounts Receivable-$70-
Total Assets$1,084,516$1,022,776▼ $61,740
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,084,516$1,022,776▼ $61,740
Total Net Assets Fund Balance$1,084,516$1,022,776▼ $61,740
Total Liabilities and Net Assets / Fund Balance$1,084,516$1,022,776▼ $61,740

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$179,231$113,290$292,521
Other Land Buildings$10,003$104,404$114,407
Land$109,300-$109,300
Equipment-$31,826$31,826
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pamela a GuinnPresident
Diane MaysPresident El
Barbara HvastaCorr Secreta
Joyce CarterEx-officio
Jennie HelmParliamentar
Virginia MathisProgram Co-c
Terra McfadinRec Secretar
Cheryl PennockTreasurer
Carol WasielewskiVice-treasur
Julie PanagonWays and Mea
Revenue and Support

Revenue Composition

Contributions and Grants
$44,901
Program Service Revenue
$34,876
Investment Income
$-55,626
Other Revenue
$187,278
All Other Contributions
$17,461
Change in Net Assets
$-61,740

Audited Revenue Reconciliation

Revenue per Audited Statements
$211,429
Total Revenue per Audited Statements
$211,429
Total Revenue per Form 990
$211,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,319
Salaries, Compensation, and Employee Benefits$91,560
Grants and Similar Amounts Paid$69,290
Total Fundraising Expense$20,304
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$50,937$34,116-$85,053
Grants to Domestic Orgs$69,290--$69,290
All Other Expenses$3,866$8,669$6,911$19,446
Insurance-$16,074$745$16,819
Office Expenses$3,275$11,756-$15,031
Depreciation Depletion-$12,537-$12,537
Fees for Services Accounting-$9,250-$9,250
Other Expenses$1,430$8,058$12,648$8,058
Payroll Taxes$3,897$2,610-$6,507
Advertising-$425-$425
Total Functional Expenses$132,695$120,170$20,304$273,169

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$273,169
Total Expenses per Audited Statements$273,169
Total Expenses per Form 990$273,169
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grants Givengrant Scholarship---$37,825
Grants Givengrant Harwood---$30,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$693,686
Fundraising Direct Expenses$506,408
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$693,686$693,686$493,808$199,878
Total Events$693,686$693,686$506,408$187,278
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has members that pay dues and volunteer their time in support of charitable activities.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Les Passees Inc
EIN
62-6036378
Phone
9017615525
Address
5489 MURRAY AVENUE, MEMPHIS, TN 38119

Signing Officer

Name
Cheryl Pennock
Title
Treasurer
Phone
9017615525
Signed
2023-08-30

Organization Details

Voting Board Members
10
Independent Board Members
10
Employees
8

Preparer

Firm
Fleet Firm
Address
759 TEALWOOD LN, CORDOVA, TN 38018-6334
Preparer
Nelson K Fleet CPA
Phone
9013364602
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013370
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt081988
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0744196
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0924957
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0637171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03188077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018809
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013370
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IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97660
IRS990ScheduleA/PublicSupportPY509Pct00.97940
IRS990ScheduleA/PublicSupportTotal509Amt03417858
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0699028
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0786769
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0259942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0969478
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0702641
IRS990ScheduleA/Total509Grp/TotalAmt03417858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0717837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0812116
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0270556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0983326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0716011
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03499846
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0179231
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0113290
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0292521
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031826
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031826
IRS990ScheduleD/ExpensesSubtotalAmt0273169
IRS990ScheduleD/LandGrp/BookValueAmt0109300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0109300
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010003
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0104404
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0114407
IRS990ScheduleD/RevenueSubtotalAmt0211429
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0298534
IRS990ScheduleD/TotalExpensesPerForm990Amt0273169
IRS990ScheduleD/TotalRevenuePerForm990Amt0211429
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04771
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07829
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0493808
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0493808
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IRS990ScheduleI/RecipientTable/CashGrantAmt030000
IRS990ScheduleI/RecipientTable/CashGrantAmt137825
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GRANTS GIVENGRANT HARWOOD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GRANTS GIVENGRANT SCHOLARSHIP
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DISCUSSIONS WITH MANAGEMENT OF DONEE AND REVIEW OF FINANCIAL INFORMATION MADE AVAILABLE ON GUIDESTAR EACH YEAR, WHICH INCLUDES FORM 990 SUBMITTED BY THE DONEE. THERE HAVE BEEN RECEIPTS OF VARIOUS DONEE FINANCIAL INFORMATION WHICH INCLUDES MONTHLY BUDGET INFORMATION. THE DONEE IS A UNITED WAY FUNDED AGENCY AND HAS ALSO RECEIVED SUBSTANTIAL DONATIONS FROM OTHER LOCAL CHARITIES AND ORGANIZATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS THAT PAY DUES AND VOLUNTEER THEIR TIME IN SUPPORT OF CHARITABLE ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01084516
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IRS990/TotalContributionsAmt044901
IRS990/TotalEmployeeCnt08
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0120170
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0132695
IRS990/TotalFunctionalExpensesGrp/TotalAmt0273169
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01084516
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IRS990/TotalProgramServiceExpensesAmt0132695
IRS990/TotalProgramServiceRevenueAmt034876
IRS990/TotalRevenueGrp/ExclusionAmt018809
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-39559
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211429
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01084516
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01022776
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0LPMEMPHIS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL PENNOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09017615525
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LES PASSEES INC
ReturnHeader/Filer/BusinessNameControlTxt0LESP
ReturnHeader/Filer/EIN0626036378
ReturnHeader/Filer/PhoneNum09017615525
ReturnHeader/Filer/USAddress/AddressLine1Txt05489 MURRAY AVENUE
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038119
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621868414
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLEET FIRM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0759 TEALWOOD LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORDOVA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0380186334
ReturnHeader/PreparerPersonGrp/PhoneNum09013364602
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NELSON K FLEET CPA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.34$0.25$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.43$0.21$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.21$0.27$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.25$0.16$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.01$1.00$0.11$0.19$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.07$1.08$0.30$0.21$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.05$0.98$0.23$0.22$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.02$0.06$0.97$0.29$0.22$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.05$0.89$0.22$0.22$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.08$0.89$0.25$0.23$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.06$0.87$0.25$0.21$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.89$0.06$0.83$0.29$0.22$0.07
2012Summary only. Only limited summary data is available for this year.$0.81$0.05$0.76$0.26$0.25$0.00
2011Summary only. Only limited summary data is available for this year.$0.80$0.04$0.76$0.20$0.24$0.04
2010Summary only. Only limited summary data is available for this year.$0.89$0.09$0.80$0.28$0.26$0.02