Civic Intelligence

Lufkin Industries Foundation

990 • Fiscal year 2017 • EIN 75-6053064

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileN/A
601 South Raguet StreetLufkin, TX 75904

(936) 637-5237

Siviq Scores

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

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

1.06x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

73rd percentile

10%

Faster asset growth than 73% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

92%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$2,088,959

Up $193,705 (+10%) from 2016

Net Assets

Up

$1,811,359

Up $289,705 (+19%) from 2016

Liabilities

Down

$277,600

Down $96,000 (-26%) from 2016

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin86th percentile

Revenue

Up

$261,734

Up $125,501 (+92%) from 2016

Expenses

Down

$148,802

Down $32,647 (-18%) from 2016

Net Income

Up

$112,932

Up $158,148 (+350%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $829,119Liabilities 2010: $435,600Net Assets 2010: $393,5192010Assets 2011: $875,812Liabilities 2011: $413,600Net Assets 2011: $462,2122011Assets 2012: $1,210,264Liabilities 2012: $320,600Net Assets 2012: $889,6642012Assets 2013: $1,759,692Liabilities 2013: $484,600Net Assets 2013: $1,275,0922013Assets 2014: $1,951,374Liabilities 2014: $490,600Net Assets 2014: $1,460,7742014Assets 2015: $1,879,680Liabilities 2015: $476,600Net Assets 2015: $1,403,0802015Assets 2016: $1,895,254Liabilities 2016: $373,600Net Assets 2016: $1,521,6542016Assets 2017: $2,088,959Liabilities 2017: $277,600Net Assets 2017: $1,811,3592017Assets 2018: $1,967,074Liabilities 2018: $197,000Net Assets 2018: $1,770,0742018Assets 2019: $2,227,702Liabilities 2019: $146,000Net Assets 2019: $2,081,7022019Assets 2020: $2,485,476Liabilities 2020: $195,000Net Assets 2020: $2,290,4762020Assets 2021: $2,664,296Liabilities 2021: $170,250Net Assets 2021: $2,494,0462021Assets 2022: $2,120,605Liabilities 2022: $82,200Net Assets 2022: $2,038,4052022Assets 2023: $2,427,665Liabilities 2023: $124,204Net Assets 2023: $2,303,4612023Assets 2024: $2,703,527Liabilities 2024: $107,917Net Assets 2024: $2,595,6102024

Highlighted filing

2017

Assets$2,088,959
Liabilities$277,600
Net Assets$1,811,359
Open 2017 Filing

Operations Trend

Revenue Growth94th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $332,8602010Expenses 2011: $334,5382011Expenses 2012: $311,4492012Revenue 2013: $534,382Expenses 2013: $427,360Net Income 2013: $107,0222013Revenue 2014: $401,384Expenses 2014: $412,398Net Income 2014: -$11,0142014Revenue 2015: $202,670Expenses 2015: $345,687Net Income 2015: -$143,0172015Revenue 2016: $136,233Expenses 2016: $181,449Net Income 2016: -$45,2162016Revenue 2017: $261,734Expenses 2017: $148,802Net Income 2017: $112,9322017Revenue 2018: $206,727Expenses 2018: $114,832Net Income 2018: $91,8952018Revenue 2019: $146,404Expenses 2019: $103,216Net Income 2019: $43,1882019Revenue 2020: $114,903Expenses 2020: $152,345Net Income 2020: -$37,4422020Revenue 2021: $167,789Expenses 2021: $131,057Net Income 2021: $36,7322021Revenue 2022: $81,422Expenses 2022: $70,564Net Income 2022: $10,8582022Revenue 2023: $110,778Expenses 2023: $151,216Net Income 2023: -$40,4382023Revenue 2024: $180,198Expenses 2024: $83,463Net Income 2024: $96,7352024

Highlighted filing

2017

Revenue$261,734
Expenses$148,802
Net Income$112,932
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$782,130
Mission and Program Overview

Mission

To grant scholarships to dependent children of Lufkin Industries employees and retirees.

To grant scholarships to the dependent children of employees or retirees in good standing with Lufkin Industries, Inc. who meet the qualifications for admission to Colleges, Junior Colleges or Universities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,484,272$1,878,800▲ $394,528
Rtn Earn Endowment Incm Other Fnds$1,521,654$1,811,359▲ $289,705
Cash and Non-Interest-Bearing Accounts$410,982$210,159▼ $200,823
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,895,254$2,088,959▲ $193,705
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$373,600$277,600▼ $96,000
Total Liabilities$373,600$277,600▼ $96,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,521,654$1,811,359▲ $289,705
Total Liabilities and Net Assets / Fund Balance$1,895,254$2,088,959▲ $193,705
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
Tim StacyPresident
Andy ModisetteTrustee
Beverly SelmanTrustee
Bob SittonTrustee
Carlos TovarTrustee
JoAnn TylerTrustee
John HavardTrustee
Mary JacksonTrustee
Stephen ConwayTrustee
Susan FeltsTrustee
Tina PeavyTrustee
Melinda MooreSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$89,203
Program Service Revenue
$0
Investment Income
$164,094
Other Revenue
$8,437
All Other Contributions
$89,203
Change in Net Assets
$112,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$144,000
Other Expenses$4,802
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$144,000--$144,000
Fees for Services Accounting-$750-$750
Other Expenses-$87-$87
Total Functional Expenses$144,000$4,802$0$148,802
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

“The 990 will be reviewed by the officers of the foundation prior to filing the return.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Lufkin Industries Foundation
EIN
75-6053064
Phone
9366375237
Address
601 South Raguet Street, Lufkin, TX 75904

Signing Officer

Name
Melinda Moore
Title
Sec./Treasurer
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1964
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
9
Employees
0

Preparer

Firm
Goff & Herrington PC
Address
2833 Ted Trout Drive P O Box 153320, Lufkin, TX 75915-3320
Preparer
Ronnie Herrington CPA
Phone
9368753317
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“2017 Scholarships Foreited = $96000”

Raw XML Appendix393 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0373600
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0277600
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To grant scholarships to the dependent children of employees or retirees in good standing with Lufkin Industries, Inc. who meet the qualifications for admission to Colleges, Junior Colleges or Universities.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt089203
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Melinda Moore
IRS990/BooksInCareOfDetail/PhoneNum09366342211
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0601 South Raguet Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Lufkin
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0759043951
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0410982
IRS990/CashNonInterestBearingGrp/EOYAmt0210159
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt089203
IRS990/CYGrantsAndSimilarPaidAmt0144000
IRS990/CYInvestmentIncomeAmt0164094
IRS990/CYOtherExpensesAmt04802
IRS990/CYOtherRevenueAmt08437
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0112932
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0148802
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0261734
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The sole purpose of the Lufkin Industries Foundation is to provide scholarships to the dependent children of employees or retirees in good standing with Lufkin Industries, Inc. who meet the qualifications for admission to Colleges, Junior Colleges, or Universities. In 2017, 20 out of 18 applicants were awarded scholarships and 96 recipients received a total of $144,000 from the foundation.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0144000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0750
IRS990/FeesForServicesAccountingGrp/TotalAmt0750
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Melinda Moore
IRS990/Form990PartVIISectionAGrp/PersonNm1Susan Felts
IRS990/Form990PartVIISectionAGrp/PersonNm2JoAnn Tyler
IRS990/Form990PartVIISectionAGrp/PersonNm3Stephen Conway
IRS990/Form990PartVIISectionAGrp/PersonNm4Mary Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm5Andy Modisette
IRS990/Form990PartVIISectionAGrp/PersonNm6Carlos Tovar
IRS990/Form990PartVIISectionAGrp/PersonNm7Tina Peavy
IRS990/Form990PartVIISectionAGrp/PersonNm8Tim Stacy
IRS990/Form990PartVIISectionAGrp/PersonNm9Bob Sitton
IRS990/Form990PartVIISectionAGrp/PersonNm10John Havard
IRS990/Form990PartVIISectionAGrp/PersonNm11Beverly Selman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt050502
IRS990/GainOrLossGrp/SecuritiesAmt080597
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0144000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0144000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt050502
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0600993
IRS990/GrossReceiptsAmt0782130
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt032995
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032995
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01484272
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01878800
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0520396
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To grant scholarships to dependent children of Lufkin Industries employees and retirees.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01521654
IRS990/NetAssetsOrFundBalancesEOYAmt01811359
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0131099
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0131099
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt080773
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt096000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Foreign taxes
IRS990/OtherExpensesGrp/Desc2Bank Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03627
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1338
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt287
IRS990/OtherExpensesGrp/TotalAmt03627
IRS990/OtherExpensesGrp/TotalAmt1338
IRS990/OtherExpensesGrp/TotalAmt287
IRS990/OtherRevenueMiscGrp/BusinessCd0722210
IRS990/OtherRevenueMiscGrp/Desc0Concession commissions
IRS990/OtherRevenueMiscGrp/ExclusionAmt08437
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08437
IRS990/OtherRevenueTotalAmt08437
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt066034
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0176000
IRS990/PYInvestmentIncomeAmt052365
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt05449
IRS990/PYOtherRevenueAmt017834
IRS990/PYRevenuesLessExpensesAmt0-45216
IRS990/PYTotalExpensesAmt0181449
IRS990/PYTotalRevenueAmt0136233
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0112932
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01521654
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01811359
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0144000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0educational scholarships
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0schedule i, part i, line 2: scholarships awarded are paid directly to the college, junior college, or university biannually and not to the individual applicants.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 will be reviewed by the officers of the foundation prior to filing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22017 Scholarships Foreited = $96000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01895254
IRS990/TotalAssetsEOYAmt02088959
IRS990/TotalAssetsGrp/BOYAmt01895254
IRS990/TotalAssetsGrp/EOYAmt02088959
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt089203
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04802
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0144000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0148802
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0373600
IRS990/TotalLiabilitiesEOYAmt0277600
IRS990/TotalLiabilitiesGrp/BOYAmt0373600
IRS990/TotalLiabilitiesGrp/EOYAmt0277600
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01521654
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01811359
IRS990/TotalProgramServiceExpensesAmt0144000
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0172531
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0261734
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01895254
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02088959
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Melinda Moore
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Sec./Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lufkin Industries Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LUFK
ReturnHeader/Filer/EIN0756053064
ReturnHeader/Filer/PhoneNum09366375237
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 South Raguet Street
ReturnHeader/Filer/USAddress/CityNm0Lufkin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075904
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273625988
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Goff & Herrington PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02833 Ted Trout Drive P O Box 153320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lufkin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0759153320
ReturnHeader/PreparerPersonGrp/PhoneNum09368753317
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ronnie Herrington CPA
ReturnHeader/ReturnTs02018-11-14T07:33:41-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,088,959
Liabilities
$277,600
Net assets
$1,811,359
Revenue
$261,734
Expenses
$148,802
Net income
$112,932
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$0.11$2.60$0.18$0.08$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.43$0.12$2.30$0.11$0.15$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.12$0.08$2.04$0.08$0.07$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.66$0.17$2.49$0.17$0.13$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.20$2.29$0.11$0.15$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.23$0.15$2.08$0.15$0.10$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.97$0.20$1.77$0.21$0.11$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.09$0.28$1.81$0.26$0.15$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.90$0.37$1.52$0.14$0.18$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.88$0.48$1.40$0.20$0.35$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.49$1.46$0.40$0.41$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.76$0.48$1.28$0.53$0.43$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.32$0.89$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.41$0.46$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.44$0.39$0.33