Civic Intelligence

Lawson State Community College Foundation Inc.

990 • Fiscal year 2016 • EIN 63-6112129

Oct 01, 2015 to Sep 30, 2016 • Filed on Mar 28, 2017

3060 Wilson Road SWBirmingham, AL 35221-1717

(205) 925-2515

Siviq Scores

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

Liabilities / Assets

45th percentile

0.02x

Higher debt load relative to assets than 45% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.19x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

66th percentile

8.3%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

69%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$727,526

Up $55,543 (+8.3%) from 2015

Net Assets

Up

$710,543

Up $55,543 (+8.5%) from 2015

Liabilities

Flat

$16,983

Flat from 2015

Revenue

Up

$91,616

Up $37,499 (+69%) from 2015

Expenses

Up

$36,073

Up $6,038 (+20%) from 2015

Net Income

Up

$55,543

Up $31,461 (+131%) from 2015

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: $626,527Liabilities 2010: $0Net Assets 2010: $626,5272010Assets 2011: $619,541Liabilities 2011: $28,473Net Assets 2011: $591,0682011Assets 2012: $655,406Liabilities 2012: $39,403Net Assets 2012: $616,0032012Assets 2013: $679,963Liabilities 2013: $14,795Net Assets 2013: $665,1682013Assets 2014: $648,327Liabilities 2014: $17,409Net Assets 2014: $630,9182014Assets 2015: $671,983Liabilities 2015: $16,983Net Assets 2015: $655,0002015Assets 2016: $727,526Liabilities 2016: $16,983Net Assets 2016: $710,5432016Assets 2017: $767,397Liabilities 2017: $238Net Assets 2017: $767,1592017Assets 2018: $803,008Liabilities 2018: $2,738Net Assets 2018: $800,2702018Assets 2019: $845,491Liabilities 2019: $2,738Net Assets 2019: $842,7532019Assets 2020: $847,976Liabilities 2020: $12,400Net Assets 2020: $835,5762020Assets 2021: $798,487Liabilities 2021: $10,000Net Assets 2021: $788,4872021Assets 2022: $1,015,142Liabilities 2022: $5,424Net Assets 2022: $1,009,7182022Assets 2023: $1,033,103Liabilities 2023: $1,173Net Assets 2023: $1,031,9302023Assets 2024: $919,918Liabilities 2024: $13,932Net Assets 2024: $905,9862024

Highlighted filing

2016

Assets$727,526
Liabilities$16,983
Net Assets$710,543

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $602,566Expenses 2010: $92,186Net Income 2010: $510,3802010Revenue 2011: $17,145Expenses 2011: $17,739Net Income 2011: -$5942011Revenue 2012: $50,697Expenses 2012: $25,762Net Income 2012: $24,9352012Revenue 2013: $61,875Expenses 2013: $12,710Net Income 2013: $49,1652013Revenue 2014: $27,158Expenses 2014: $25,662Net Income 2014: $1,4962014Revenue 2015: $54,117Expenses 2015: $30,035Net Income 2015: $24,0822015Revenue 2016: $91,616Expenses 2016: $36,073Net Income 2016: $55,5432016Revenue 2017: $100,743Expenses 2017: $44,127Net Income 2017: $56,6162017Revenue 2018: $92,787Expenses 2018: $59,676Net Income 2018: $33,1112018Revenue 2019: $102,160Expenses 2019: $59,676Net Income 2019: $42,4842019Revenue 2020: $47,007Expenses 2020: $52,429Net Income 2020: -$5,4222020Revenue 2021: $38,132Expenses 2021: $85,222Net Income 2021: -$47,0902021Revenue 2022: $258,993Expenses 2022: $37,762Net Income 2022: $221,2312022Revenue 2023: $134,018Expenses 2023: $111,806Net Income 2023: $22,2122023Revenue 2024: $76,992Expenses 2024: $202,936Net Income 2024: -$125,9442024

Highlighted filing

2016

Revenue$91,616
Expenses$36,073
Net Income$55,543
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Mar 28, 2017
Return Version
2015v3.0
Gross Receipts
$91,616
Mission and Program Overview

Mission

To support Lawson State Community College by raising funds for permanent endowment, purchase equipment, erection of buildings and provisions of scholarships for students to attend Lawson State Community College and to provide affordable office space for the use of Lawson State Community College.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$444,958$431,903▼ $13,055
Cash and Non-Interest-Bearing Accounts$227,025$295,623▲ $68,598
Total Assets$671,983$727,526▲ $55,543
Liabilities
Accounts Payable and Accrued Expenses$16,983$16,983→ $0
Total Liabilities$16,983$16,983→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$655,000$710,543▲ $55,543
Total Net Assets Fund Balance$655,000$710,543▲ $55,543
Total Liabilities and Net Assets / Fund Balance$671,983$727,526▲ $55,543

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$431,903$90,297$522,200
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert DickersonPresident
Dr Kevin WalshVice President
Anthony UnderwoodBoard Member
Charlsie CookBoard Member
Gary BurleyBoard Member
George AdamsBoard Member
Jordan FrazierBoard Member
Julie BellBoard Member
Lawrence CooperBoard Member
Lucy ArringtonBoard Member
Robert E KellyBoard Member
Robert JoinerBoard Member
Sherri JacksonBoard Member
Tim LewisBoard Member
Tracey Morant AdamsBoard Member
Vaughn BurrellBoard Member
Walter TurnerBoard Member
Perry W WardEx Officio Board Member
Carolyn R CulpepperSecretary
Robert HolmesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$67,366
Program Service Revenue
$24,000
Investment Income
$250
Other Revenue
$0
All Other Contributions
$67,366
Change in Net Assets
$55,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,730
Grants and Similar Amounts Paid$4,343
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$13,055--$13,055
Insurance-$4,244-$4,244
Fees for Services Accounting-$3,900-$3,900
Grants to Domestic Individuals$2,843--$2,843
Grants to Domestic Orgs$1,500--$1,500
Other Expenses$2,950$113-$113
Total Functional Expenses$27,816$8,257$0$36,073
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

All members of the board of directors are provided a copy of the form 990 at the meeting for review and discussion.

Form 990, Part VI, Section C, line 19

All information is available for public inspection by request at the organizations office.

Filing and Contact Details

Filer

Filer Name
Lawson State Community College
EIN
63-6112129
Phone
2059252515
Address
3060 Wilson Road SW, Birmingham, AL 35221-1717

Signing Officer

Name
Robert Holmes
Title
Treasurer
Phone
2059252515
Signed
2017-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Holmes
Formed
1995
Legal Domicile
Al
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
0

Preparer

Firm
Kassouf & Co PC
Address
2101 Highland Ave S Suite 300, Birmingham, AL 35205-4009
Preparer
William P Bach
Phone
2054432500
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

In June 2006, the Financial Accounting Standard Board (FASB) issued FIN 48, "Accounting for Uncertainty in Income Taxes," an interpretation of FASB Statement No. 109, that clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Organization's income tax returns. FIN 48 was incorporated in the FASB codification as ASC 740-10. The Organization adopted the standard. The Organization has evaluated its tax positions and interpretations, and believe its positions are appropriate based on current facts and circumstances.

Part IV, Line 11F

The Foundation has implemented the accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (FASB) ASC 740, income taxes as of September 30, 2016 the Foundation had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements previous open tax years may be subject to examination by taxing authorities.

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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Trophies & Awards
IRS990/OtherExpensesGrp/Desc1Fund Raising Expense
IRS990/OtherExpensesGrp/Desc2Bank Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0113
IRS990/OtherExpensesGrp/ProgramServicesAmt07468
IRS990/OtherExpensesGrp/ProgramServicesAmt12950
IRS990/OtherExpensesGrp/TotalAmt07468
IRS990/OtherExpensesGrp/TotalAmt12950
IRS990/OtherExpensesGrp/TotalAmt2113
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Robert Holmes
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0Rental of Office Space
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt030069
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01300
IRS990/PYInvestmentIncomeAmt048
IRS990/PYOtherExpensesAmt028735
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt024000
IRS990/PYRevenuesLessExpensesAmt024082
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt030035
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt054117
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt055543
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt024000
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt027085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt043819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0165200
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0446
IRS990ScheduleA/PublicSupportCY170Pct00.99730
IRS990ScheduleA/PublicSupportPY170Pct00.99850
IRS990ScheduleA/PublicSupportTotal170Amt0165200
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt027085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt043819
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt034158
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0165200
IRS990ScheduleA/TotalSupportAmt0165646
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0431903
IRS990ScheduleD/BuildingsGrp/DepreciationAmt090297
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0522200
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In June 2006, the Financial Accounting Standard Board (FASB) issued FIN 48, "Accounting for Uncertainty in Income Taxes," an interpretation of FASB Statement No. 109, that clarifies the accounting and recognition for income tax positions taken or expected to be taken in the Organization's income tax returns. FIN 48 was incorporated in the FASB codification as ASC 740-10. The Organization adopted the standard. The Organization has evaluated its tax positions and interpretations, and believe its positions are appropriate based on current facts and circumstances.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation has implemented the accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (FASB) ASC 740, income taxes as of September 30, 2016 the Foundation had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements previous open tax years may be subject to examination by taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part IV, Line 11f
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0431903
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All members of the board of directors are provided a copy of the form 990 at the meeting for review and discussion.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All information is available for public inspection by request at the organizations office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Lawson State Community College
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630641064
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Educational Institution
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03060 Wilson Road SW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Birmingham
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd035221
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd01
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0671983
IRS990/TotalAssetsEOYAmt0727526
IRS990/TotalAssetsGrp/BOYAmt0671983
IRS990/TotalAssetsGrp/EOYAmt0727526
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt067366

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.01$0.91$0.08$0.20$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.13$0.11$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.01$1.01$0.26$0.04$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.01$0.79$0.04$0.09$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.84$0.05$0.05$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.84$0.10$0.06$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.09$0.06$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.10$0.04$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.02$0.71$0.09$0.04$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.02$0.66$0.05$0.03$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.65$0.02$0.63$0.03$0.03$0.00
2013Summary only. Only limited summary data is available for this year.$0.68$0.01$0.67$0.06$0.01$0.05
2012Summary only. Only limited summary data is available for this year.$0.66$0.04$0.62$0.05$0.03$0.02
2011Summary only. Only limited summary data is available for this year.$0.62$0.03$0.59$0.02$0.02$0.00
2010Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.60$0.09$0.51
Peer Organizations

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