Civic Intelligence

Lcs Foundation

990 • Fiscal year 2019 • EIN 81-3296012

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2022

400 Locust StreetDes Moines, IA 50309

(515) 875-4649

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.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

84th percentile

32%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

94th percentile

98%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

$388,435

No earlier filing loaded for comparison.

Net Assets

$381,609

No earlier filing loaded for comparison.

Liabilities

$6,826

No earlier filing loaded for comparison.

Revenue

$617,133

No earlier filing loaded for comparison.

Expenses

$422,424

No earlier filing loaded for comparison.

Net Income

$194,709

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.

$1.5M$1.0M$500K$0Assets 2019: $388,435Liabilities 2019: $6,826Net Assets 2019: $381,6092019Assets 2020: $1,012,943Liabilities 2020: $1,950Net Assets 2020: $1,010,9932020Assets 2021: $216,555Liabilities 2021: $1,045Net Assets 2021: $215,5102021Assets 2022: $115,189Liabilities 2022: $3,184Net Assets 2022: $112,0052022Assets 2024: $112,110Liabilities 2024: $612Net Assets 2024: $111,4982024

Highlighted filing

2019

Assets$388,435
Liabilities$6,826
Net Assets$381,609

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $617,133Expenses 2019: $422,424Net Income 2019: $194,7092019Revenue 2020: $933,342Expenses 2020: $303,957Net Income 2020: $629,3852020Revenue 2021: $1,058,362Expenses 2021: $927,748Net Income 2021: $130,6142021Revenue 2022: $1,043,871Expenses 2022: $1,147,376Net Income 2022: -$103,5052022Revenue 2024: $456,818Expenses 2024: $446,517Net Income 2024: $10,3012024

Highlighted filing

2019

Revenue$617,133
Expenses$422,424
Net Income$194,709
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2022
Return Version
2019v5.1
Gross Receipts
$634,061
Mission and Program Overview

Mission

A) professional development in the field of senior care; (b) support for alzheimers initiatives and research; (c) emergency assistance for affected lcs employees

(a) professional development of post secondary students in the field of senior care; (b) support for alzheimers initiatives and research; (c) emergency assistance for affected lcs employees

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$30,312$35,209▲ $4,897
Total Assets$30,312$35,209▲ $4,897
Liabilities
Accounts Payable and Accrued Expenses$145--
Total Liabilities$145$0▼ $145
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,167$35,209▲ $5,042
Total Net Assets Fund Balance$30,167$35,209▲ $5,042
Total Liabilities and Net Assets / Fund Balance$30,312$35,209▲ $4,897
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edward KennyPresident
Joel NelsonVice President
Bridgette UhlemannDirector
Elisa BaptisteDirector
Jason JorgensenDirector
Jeri UhlmanssiekDirector
Monica FriedmanDirector
Robert PerryDirector
Sarah DorrDirector
Scott DohertyDirector
Sharon JessupDirector
Michael BroderickSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$620,907
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$13,154
All Other Contributions
$606,357
Change in Net Assets
$5,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$592,410
Other Expenses$36,609
Total Fundraising Expense$26,968
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$553,234--$553,234
Grants to Domestic Individuals$39,176--$39,176
Office Expenses-$3,022$13,154$16,176
Conferences and Meetings--$13,814$13,814
Advertising-$6,000-$6,000
Fees for Services Legal-$619-$619
Total Functional Expenses$592,410$9,641$26,968$629,019
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Foundation of Gdm-501c3Future Programs$193,879
National Alzheimers Assn-501c3General Research and Support$193,841
Georgetown University-501c3Scholarship$100,000
Univ of Wisconsin Eau Clare Fndn-501c3Scholarship$30,515
Simpson College-501c3Scholarship$15,000
Leadingage-501c3Scholarship$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,154
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$27,704$13,154$1,011$12,143
Total Events$27,704$13,154$13,154-
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
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Part vi, section a, line 2: all officers and directors work for entities owned by life care companies, llc

Form 990 governing body review Part VI line 11

Part iv, section b, line 11a: all board members were provided a copy of the tax return prior to submittal and asked to give questions or provide comment.

Conflict of interest policy compliance Part VI line 12C

Part vi, section b, line 12a: all board members were asked to complete a conflict of interest statement when organized in 2016, and all subsequent additions to the board have completed the statement as well.

Governing documents etc available to public Part VI line 19

Part vi, section c, line 19: the organization is not required by law to provide copies of its governing documents, conflict of interest policy or financial statements to the public, and it does not do so.

Filing and Contact Details

Filer

Filer Name
Lcs Foundation
EIN
81-3296012
Address
400 LOCUST STREET, DES MOINES, IA 50309

Signing Officer

Name
Ryan Bircher
Title
Treasurer
Phone
5152882500
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Kenny
Formed
2016
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
28

Preparer

Firm
Davis Brown Law Firm
Address
215 10th Street Suite 1300, Des Moines, IA 50309
Preparer
William A Boatwright
Phone
5152882500
Supplemental Narrative

Additional Explanations

Amended return information

This amended form 990 is being filed to correct contribution and distribution information, along with necessary balance sheet entries.

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IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0950
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt014550
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt014550
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013154
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt027704
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt027704
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013154
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt013154
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0715
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0715
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01011
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01011
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt010478
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt010478
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt039176
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EMERGENCY RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
IRS990ScheduleI/RecipientTable/CashGrantAmt0193841
IRS990ScheduleI/RecipientTable/CashGrantAmt130515
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt3100000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt5193879
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL RESEARCH AND SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5FUTURE PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL ALZHEIMERS ASSN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNIV OF WISCONSIN EAU CLARE FNDN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SIMPSON COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3GEORGETOWN UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4LEADINGAGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5COMMUNITY FOUNDATION OF GDM
IRS990ScheduleI/RecipientTable/RecipientEIN0421520582
IRS990ScheduleI/RecipientTable/RecipientEIN1391805963
IRS990ScheduleI/RecipientTable/RecipientEIN2420680389
IRS990ScheduleI/RecipientTable/RecipientEIN3530196603
IRS990ScheduleI/RecipientTable/RecipientEIN4136213525
IRS990ScheduleI/RecipientTable/RecipientEIN5426139033
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EACH GIFT IS TO ASSIST VICTIMS FOR ACCIDENTAL EVENTS AND CIRCUMSTANCES BEYOND THE VICTIMS CONTROL. EACH APPLICANT MADE A REQUEST FOR FUNDS WHICH WAS APPROVED BY THEIR SUPERVISOR AND AN INDEPENDENT COMMITTEE DETERMINED THE AMOUNT TO BE PAID PER GUIDELINES PREVIOUSLY ESTABLISHED. EACH GIFT IS THEN APPROVED BY THE BOARD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Information for Schedule I
IRS990ScheduleI/Total501c3OrgCnt06
IRS990ScheduleI/TotalOtherOrgCnt06
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS AMENDED FORM 990 IS BEING FILED TO CORRECT CONTRIBUTION AND DISTRIBUTION INFORMATION, ALONG WITH NECESSARY BALANCE SHEET ENTRIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PART VI, SECTION A, LINE 2: ALL OFFICERS AND DIRECTORS WORK FOR ENTITIES OWNED BY LIFE CARE COMPANIES, LLC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART IV, SECTION B, LINE 11A: ALL BOARD MEMBERS WERE PROVIDED A COPY OF THE TAX RETURN PRIOR TO SUBMITTAL AND ASKED TO GIVE QUESTIONS OR PROVIDE COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PART VI, SECTION B, LINE 12A: ALL BOARD MEMBERS WERE ASKED TO COMPLETE A CONFLICT OF INTEREST STATEMENT WHEN ORGANIZED IN 2016, AND ALL SUBSEQUENT ADDITIONS TO THE BOARD HAVE COMPLETED THE STATEMENT AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART VI, SECTION C, LINE 19: THE ORGANIZATION IS NOT REQUIRED BY LAW TO PROVIDE COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS TO THE PUBLIC, AND IT DOES NOT DO SO.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt030312
IRS990/TotalAssetsEOYAmt035209
IRS990/TotalAssetsGrp/BOYAmt030312
IRS990/TotalAssetsGrp/EOYAmt035209
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0620907
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026968
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09641
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0592410
IRS990/TotalFunctionalExpensesGrp/TotalAmt0629019
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0145
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0145
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt030167
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt035209
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0592410
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt013154
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0634061
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt028
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt030312
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035209
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN BIRCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05152882500
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LCS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LCSF

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