Civic Intelligence

Licensing International Foundation Inc.

990 • Fiscal year 2019 • EIN 81-4406324

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 29, 2020

Organization ProfileWWW.LICENSING.ORG
350 Fifth Avenue No 6410New York, NY 10118

(646) 744-3741

Siviq Scores

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

Liabilities / Assets

97th percentile

1.20x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • NTEE T30 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.02x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • NTEE T30 • <$500k nonprofits • Source year 2019

Net Margin

41st percentile

-0.1%

Higher net margin than 41% of similar nonprofits.

2019 filings • NTEE T30 • <$500k nonprofits • Source year 2019

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

2019 filings • NTEE T30 • <$500k nonprofits • Source year 2019

Asset Growth

92nd percentile

232%

Faster asset growth than 92% of similar nonprofits.

2019 filings • NTEE T30 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

21%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • NTEE T30 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$5,043

Up $3,526 (+232%) from 2018

Net Assets

Down

-$1,025

Down $442 (-76%) from 2018

Liabilities

Up

$6,068

Up $3,968 (+189%) from 2018

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin41st percentile

Revenue

Up

$300,845

Up $52,906 (+21%) from 2018

Expenses

Up

$301,287

Up $52,765 (+21%) from 2018

Net Income

Up

-$442

Up $141 (+24%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$400K$300K$200K$100K$0-$100KAssets 2018: $1,517Liabilities 2018: $2,100Net Assets 2018: -$5832018Assets 2019: $5,043Liabilities 2019: $6,068Net Assets 2019: -$1,0252019Assets 2020: $61,372Liabilities 2020: $9,305Net Assets 2020: $52,0672020Assets 2021: $83,946Liabilities 2021: $0Net Assets 2021: $83,9462021Assets 2022: $267,216Liabilities 2022: $4,704Net Assets 2022: $262,5122022Assets 2023: $296,613Liabilities 2023: $23,511Net Assets 2023: $273,1022023Assets 2024: $334,173Liabilities 2024: $62,616Net Assets 2024: $271,5572024

Highlighted filing

2019

Assets$5,043
Liabilities$6,068
Net Assets-$1,025
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $247,939Expenses 2018: $248,522Net Income 2018: -$5832018Revenue 2019: $300,845Expenses 2019: $301,287Net Income 2019: -$4422019Revenue 2020: $112,113Expenses 2020: $59,021Net Income 2020: $53,0922020Revenue 2021: $125,544Expenses 2021: $93,665Net Income 2021: $31,8792021Revenue 2022: $221,253Expenses 2022: $42,687Net Income 2022: $178,5662022Revenue 2023: $249,096Expenses 2023: $238,506Net Income 2023: $10,5902023Revenue 2024: $191,467Expenses 2024: $193,012Net Income 2024: -$1,5452024

Highlighted filing

2019

Revenue$300,845
Expenses$301,287
Net Income-$442
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 29, 2020
Return Version
2019v5.1
Gross Receipts
$300,845
Mission and Program Overview

Mission

The foundation will provide charitable distributions to qualifying nonprofit organizations in the state of new york and throughout the united states focusing on those working to assist children in need. By providing this charitable giving program, lima foundation will work to improve the quality of life for children throughout the country.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,517$5,043▲ $3,526
Total Assets$1,517$5,043▲ $3,526
Liabilities
Accounts Payable and Accrued Expenses$2,100$6,068▲ $3,968
Total Liabilities$2,100$6,068▲ $3,968
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-583$-1,025▼ $442
Total Net Assets Fund Balance$-583$-1,025▼ $442
Total Liabilities and Net Assets / Fund Balance$1,517$5,043▲ $3,526
Compensation and Service Providers
Top Officer Pay91st percentile

Board Members and Trustees

NameTitle
Maura ReganPresident
Eric MorseDirector
Joanne LoriaDirector
Maca RotterDirector
Marc SchneiderDirector
Marilu CorpusDirector
Ted LarkinsDirector
Gisela AbramsSecretary
Virginia McguireTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$299,845
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,000
Change in Net Assets
$-442

Audited Revenue Reconciliation

Revenue per Audited Statements
$300,845
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$23,797
Total Revenue per Audited Statements
$324,642
Total Revenue per Form 990
$300,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$255,029
Other Expenses$46,258
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$255,029--$255,029
Other Expenses$5,520$5,372-$5,372
All Other Expenses-$2,048-$2,048
Total Functional Expenses$281,367$19,920$0$301,287

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$325,084
Expenses per Audited Statements$301,287
Total Expenses per Form 990$301,287
Expenses Not Reported on Form 990$23,797
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CHILDREN'S BRAIN TUMOR FOUNDATIONNew York, NY-USED TO IMPROVE THE TREATMENT, QUALITY OF LIFE AND THE LONG-TERM OUTLOOK FOR CHILDREN AND FAMILIES AFFECTED BY A BRAIN OR SPINAL CORD TUMOR AS WELL AS THE REMARKABLE RESEARCH OF THE CHILDREN'S BRAIN TUMOR TISSUE CONSORTIUM (CBTTC).$255,029
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sponsorshipstribute Book$299,845---
Total Events$299,845---
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
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“Lima foundation management is charged with governance, with oversight by the board of directors.”

Form 990, Part VI, Section B, Line 11B

“Form 990 and schedules are provided and reviewed in detail by the foundation's president and treasurer.”

Form 990, Part VI, Section B, Line 12C

“Through discussion and approval of the business activities of the organization by and among the officers and directors.”

Form 990, Part VI, Section C, Line 19

“The organization will provide copies of its 990, governing documents, conflict of interest policy, and governing documents available upon request during normal business hours.”

Filing and Contact Details

Filer

Filer Name
LICENSING INDUSTRY MERCHANDISERS'
EIN
81-4406324
Phone
6467443741
Address
350 FIFTH AVENUE NO 6410, NEW YORK, NY 10118

Signing Officer

Name
Maura Regan
Title
President
Phone
6467443741
Signed
2020-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maura Regan
Formed
2017
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Raich Ende Malter & Co Llp
Address
1375 BROADWAY, NEW YORK, NY 10018
Preparer
Thomas Turrin
Phone
2129444433
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. The association may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the association and various positions related to the potential sources of unrelated business taxable income (ubti). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The association did not have material unrecognized tax benefits as of december 31, 2019, and does not expect this to change significantly over the next 12 months.”

Raw XML AppendixShowing 400 of 413 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02100
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06068
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION WILL PROVIDE CHARITABLE DISTRIBUTIONS TO QUALIFYING NONPROFIT ORGANIZATIONS IN THE STATE OF NEW YORK AND THROUGHOUT THE UNITED STATES FOCUSING ON THOSE WORKING TO ASSIST CHILDREN IN NEED. BY PROVIDING THIS CHARITABLE GIVING PROGRAM, LIMA FOUNDATION WILL WORK TO IMPROVE THE QUALITY OF LIFE FOR CHILDREN THROUGHOUT THE COUNTRY.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02048
IRS990/AllOtherExpensesGrp/TotalAmt02048
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06467443741
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0350 FIFTH AVENUE STE 6410
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010118
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01517
IRS990/CashNonInterestBearingGrp/EOYAmt05043
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0299845
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0299845
IRS990/CYGrantsAndSimilarPaidAmt0255029
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt046258
IRS990/CYOtherRevenueAmt01000
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-442
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0301287
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0300845
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FOUNDATION PROVIDED CHARITABLE DISTRIBUTIONS TO THE CHILDREN'S BRAIN TUMOR FOUNDATION, INC. AND THE REMARKABLE RESEARCH OF THE CHILDREN'S BRAIN TUMOR TISSUE CONSORTIUM (CBTTC).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0281367
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.25
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/PersonNm0MAURA REGAN
IRS990/Form990PartVIISectionAGrp/PersonNm1GISELA ABRAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2VIRGINIA MCGUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm3MARILU CORPUS
IRS990/Form990PartVIISectionAGrp/PersonNm4TED LARKINS
IRS990/Form990PartVIISectionAGrp/PersonNm5JOANNE LORIA
IRS990/Form990PartVIISectionAGrp/PersonNm6ERIC MORSE
IRS990/Form990PartVIISectionAGrp/PersonNm7MACA ROTTER
IRS990/Form990PartVIISectionAGrp/PersonNm8MARC SCHNEIDER
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/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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0299845
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0255029
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0255029
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0255029
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0300845
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION WILL PROVIDE CHARITABLE DISTRIBUTIONS TO QUALIFYING NONPROFIT ORGANIZATIONS IN THE STATE OF NEW YORK AND THROUGHOUT THE UNITED STATES FOCUSING ON THOSE WORKING TO ASSIST CHILDREN IN NEED. BY PROVIDING THIS CHARITABLE GIVING PROGRAM, LIMA FOUNDATION WILL WORK TO IMPROVE THE QUALITY OF LIFE FOR CHILDREN THROUGHOUT THE COUNTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-583
IRS990/NetAssetsOrFundBalancesEOYAmt0-1025
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-583
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1025
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PRINTING & COPYING
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc2CHARITY BIKE RIDE
IRS990/OtherExpensesGrp/Desc3BANK AND PROCESSING FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15372
IRS990/OtherExpensesGrp/ProgramServicesAmt020818
IRS990/OtherExpensesGrp/ProgramServicesAmt15520
IRS990/OtherExpensesGrp/TotalAmt020818
IRS990/OtherExpensesGrp/TotalAmt112500
IRS990/OtherExpensesGrp/TotalAmt25520
IRS990/OtherExpensesGrp/TotalAmt35372
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt01000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01000
IRS990/OtherRevenueTotalAmt01000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MAURA REGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION HAS BEEN ORGANIZED TO PROVIDE CHARITABLE GIVING TO QUALIFYING NONPROFIT ORGANIZATIONS IN THE STATE OF NEW YORK AND THROUGHOUT THE UNITED STATES FOCUSING ON THOSE WORKING TO ASSIST CHILDREN IN NEED. BY PROVIDING THIS CHARITABLE GIVING PROGRAM, LIMA FOUNDATION WILL WORK TO IMPROVE THE QUALITY OF LIFE FOR CHILDREN THROUGHOUT THE COUNTRY.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0247936
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0221470
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt027052
IRS990/PYOtherRevenueAmt03
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-583
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0248522
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0247939
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-442
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0300845
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0299845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0247936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0547781
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0547781
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0299845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0247936
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0547781
IRS990ScheduleA/TotalSupportAmt0547781
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/DonatedServicesAndUseFcltsAmt023797
IRS990ScheduleD/DonatedServicesUseFcltsAmt023797
IRS990ScheduleD/ExpensesNotReportedAmt023797
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0301287
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt023797
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0300845
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ASSOCIATION DID NOT HAVE MATERIAL UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2019, AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0301287
IRS990ScheduleD/TotalRevenuePerForm990Amt0300845
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0324642
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0325084
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0299845
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0299845
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPONSORSHIPSTRIBUTE BOOK
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0299845
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0299845
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0255029
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0USED TO IMPROVE THE TREATMENT, QUALITY OF LIFE AND THE LONG-TERM OUTLOOK FOR CHILDREN AND FAMILIES AFFECTED BY A BRAIN OR SPINAL CORD TUMOR AS WELL AS THE REMARKABLE RESEARCH OF THE CHILDREN'S BRAIN TUMOR TISSUE CONSORTIUM (CBTTC).
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CHILDREN'S BRAIN TUMOR FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0133512123
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01460 BROADWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010036
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LIMA FOUNDATION MANAGEMENT IS CHARGED WITH GOVERNANCE, WITH OVERSIGHT BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 AND SCHEDULES ARE PROVIDED AND REVIEWED IN DETAIL BY THE FOUNDATION'S PRESIDENT AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THROUGH DISCUSSION AND APPROVAL OF THE BUSINESS ACTIVITIES OF THE ORGANIZATION BY AND AMONG THE OFFICERS AND DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE COPIES OF ITS 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LICENSING INTERNATIONAL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0133023588
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TRADE ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0350 FIFTH AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010118
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01517
IRS990/TotalAssetsEOYAmt05043
IRS990/TotalAssetsGrp/BOYAmt01517
IRS990/TotalAssetsGrp/EOYAmt05043
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0299845
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019920
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0281367
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301287
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02100
IRS990/TotalLiabilitiesEOYAmt06068
IRS990/TotalLiabilitiesGrp/BOYAmt02100
IRS990/TotalLiabilitiesGrp/EOYAmt06068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-583
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1025
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0281367
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0300845
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01517
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05043
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0350 FIFTH AVENUE NO 6410
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010118
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.LICENSING.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAURA REGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06467443741
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LICENSING INDUSTRY MERCHANDISERS'
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LICE
ReturnHeader/Filer/EIN0814406324
ReturnHeader/Filer/PhoneNum06467443741
ReturnHeader/Filer/USAddress/AddressLine1Txt0350 FIFTH AVENUE NO 6410
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010118
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FA8B8F6631CA58E0DA8B5278B414648AE2EFCF3F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.19.61.54
ReturnHeader/FilingSecurityInformation/IPDt02020-09-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:32:09

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,043
Liabilities
$6,068
Net assets
-$1,025
Revenue
$300,845
Expenses
$301,287
Net income
-$442
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.63$2.72$1.91$1.93$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.97$0.24$2.73$2.49$2.39$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.67$0.05$2.63$2.21$0.43$1.79
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$1.26$0.94$0.32
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.09$0.52$1.12$0.59$0.53
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.06$0.01$3.01$3.01$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.01$2.48$2.49$0.01