Civic Intelligence

David Lipscomb College Trust

990EZ • Fiscal year 2018 • EIN 62-6135837

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 06, 2019

200 East Main StreetMcminnville, TN 37110

(931) 473-4402

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2018 filings • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2018 filings • <$500k nonprofits • Source year 2018

Asset Growth

63rd percentile

7.0%

Faster asset growth than 63% of similar nonprofits.

2018 filings • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2018 filings • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$311,951

Up $20,366 (+7.0%) from 2017

Net Assets

Up

$311,951

Up $20,366 (+7.0%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$48,598

Down $7,867 (-14%) from 2017

Expenses

Down

$28,232

Down $9,510 (-25%) from 2017

Net Income

Up

$20,366

Up $1,643 (+8.8%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $267,207Net Assets 2014: $267,2072014Assets 2015: $270,656Net Assets 2015: $270,6562015Assets 2016: $272,862Net Assets 2016: $272,9032016Assets 2017: $291,585Net Assets 2017: $291,5852017Assets 2018: $311,951Net Assets 2018: $311,9512018Assets 2019: $321,226Net Assets 2019: $321,2262019Assets 2020: $331,240Net Assets 2020: $331,2402020Assets 2021: $337,373Net Assets 2021: $337,3732021Assets 2022: $340,374Net Assets 2022: $340,3742022Assets 2023: $342,696Net Assets 2023: $342,6962023Assets 2024: $342,866Net Assets 2024: $342,8662024

Highlighted filing

2018

Assets$311,951
Liabilities-
Net Assets$311,951

Operations Trend

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

$60K$40K$20K$0Revenue 2014: $42,809Expenses 2014: $39,256Net Income 2014: $3,5532014Revenue 2015: $45,841Expenses 2015: $42,392Net Income 2015: $3,4492015Revenue 2016: $46,264Expenses 2016: $44,017Net Income 2016: $2,2472016Revenue 2017: $56,465Expenses 2017: $37,742Net Income 2017: $18,7232017Revenue 2018: $48,598Expenses 2018: $28,232Net Income 2018: $20,3662018Revenue 2019: $50,132Expenses 2019: $40,857Net Income 2019: $9,2752019Revenue 2020: $54,089Expenses 2020: $44,075Net Income 2020: $10,0142020Revenue 2021: $55,202Expenses 2021: $49,069Net Income 2021: $6,1332021Revenue 2022: $53,877Expenses 2022: $50,876Net Income 2022: $3,0012022Revenue 2023: $54,606Expenses 2023: $51,057Net Income 2023: $3,5492023Revenue 2024: $54,798Expenses 2024: $54,628Net Income 2024: $1702024

Highlighted filing

2018

Revenue$48,598
Expenses$28,232
Net Income$20,366
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 6, 2019
Return Version
2018v3.1
Gross Receipts
$48,598
Mission and Program Overview

Mission

Funding a Scholarship to Lipscomb University.

Program Services

DescriptionGrantsExpenses
The trust was established to provide financial support to young ladies who will be attending Lipscomb University. The income of the trust after payment of expenses is used for a scholarship to Lipscomb University.$20,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David MarttalaTrustee-$0--
Jimmy WalkerTrustee-$0--
Tabitha SullensTrustee-$0--
Tamera SpiveyTrustee-$0--
Filing and Contact Details

Filer

Filer Name
David Lipscomb College Trust
EIN
62-6135837
Phone
9314734402
Address
200 EAST MAIN STREET, MCMINNVILLE, TN 37110

Signing Officer

Name
David Marttala
Title
Trust Officer
Signed
2019-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Totherow Haile & Welch CPAs PLLC
Address
2355 South Chancery St, McMinnville, TN 37110
Preparer
Stephen B Boyd CPA
Phone
9316681272
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Lipscomb University | Donee's Address: Granny White Pike Nashville TN 37204 | Cash Amount Given: $20000

Raw XML Appendix196 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Lipscomb University | Donee's Address: Granny White Pike Nashville TN 37204 | Cash Amount Given: $20000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trust Officer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-06
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ReturnHeader/ReturnTs02019-06-06T08:44:22-07:00
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings