Lee Initiative Inc.

990EZ • Fiscal year 2019 • EIN 82-3884798

Jan 01, 2019 to Dec 31, 2019 • Filed on May 15, 2020

Organization Profile WWW.LEEINITIATIVE.ORG

610 W Magnolia AvenueLouisville, KY 40208

(502) 749-7933

Siviq Scores

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

No value available

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

Source year 2019

No value available

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

Source year 2019

0.9%

Higher net margin than 44% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

$55,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 50.1% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

359%

Faster asset growth than 97% of similar nonprofits.

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

37%

Faster revenue growth than 82% of similar nonprofits.

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

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$39,382

Up $30,811 (+359%) from 2018

Net Assets

$39,382

Up $30,811 (+359%) from 2018

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin44th percentile

Revenue

$109,861

Up $29,567 (+37%) from 2018

Expenses

$108,818

Up $37,095 (+52%) from 2018

Net Income

Down

$1,043

Down $7,528 (-88%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

Highlighted filing

2019

Assets$39,382

Liabilities-

Net Assets$39,382

Open 2019 Filing

Operations Trend

Revenue Growth82nd percentile

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

Highlighted filing

2019

Revenue$109,861

Expenses$108,818

Net Income$1,043

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: May 15, 2020
Return Version: 2019v5.0
Gross Receipts: $115,761

Mission and Program Overview

Mission

To empower young people in the impoverished neighborhoods of louisville's west end and smoketown through job traiing in the professional culinary world. To mentor and train young adults who are high school graduates into the restaurant industry so that they may get the proper training and education to lead them into a productive and lifelong career.

To empower young people in the impoverished neighborhoods of louisville's west end and smoketown through job training in the professional culinary world. To mentor and train young adults who are high school graduates into the restaurant industry so that they may get the proper training and education to lead them into a productive and lifelong career.

Program Services

Description	Grants	Expenses
EXPOSED AND TRAINED FIVE MENTEES IN THE FOODSERVICE INDUSTRY WITH EXPOSURE AND CONTACT WITH INDUSTRY VETERANS.	-	$55,950

Compensation and Service Providers

Top Officer Pay93rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
LINDSEY OFCACEK	Associate Di	FT	$55,000	-	$55,000
DIANNE LEE	Vice Preside	-	$0	-	-
EDWARD LEE	President	-	$0	-	-
STACIE STEWART	Associate Di	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
MAKER'S EVENTS	$64,240	$64,240	$3,886	$60,354
Various	$39,521	$39,521	$2,014	$37,507
Total Events	$103,761	$103,761	$5,900	$97,861

Filing and Contact Details

Filer

Filer Name: Lee Initiative Inc
EIN: 82-3884798
Phone: 5027497933
Address: 610 W MAGNOLIA AVENUE, LOUISVILLE, KY 40208

Signing Officer

Name: Edward Lee
Title: President
Phone: 9176029445
Signed: 2020-05-15
Discuss with paid preparer: Yes

Preparer

Firm: Patterson & Company Cpas Pllc
Address: 2297 LEXINGTON ROAD SUITE 102, LOUISVILLE, KY 40206-2818
Preparer: Robert W Patterson Jr CPA
Phone: 5022760956

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 14,320 mentee travel expense reimbur 18,000 fab symposium 9,500 total 41,820”

Form 990-ez, Part I, Line 20

“Correction to beginning cash balance 29,768”

Form 990-ez, Part III

“To empower young people in the impoverished neighborhoods of louisville's west end and smoketown through job training in the professional culinary world. To mentor and train young adults who are high school graduates into the restaurant industry so that they may get the proper training and education to lead them into a productive and lifelong career.”

Raw XML Appendix151 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BenefitsPaidToOrForMembersAmt	0	13450
IRS990EZ/BooksInCareOfDetail/PersonNm	0	EDWARD LEE
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5027497933
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	412 S FOURTH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	LOUISVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	40202
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	8571
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	39382
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	12000
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	1043
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	9142
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	8571
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	39382
IRS990EZ/FundraisingGrossIncomeAmt	0	103761
IRS990EZ/GrossReceiptsAmt	0	115761
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	8571
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	39382
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	8571
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	39382
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	55000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DIANNE LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	EDWARD LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	STACIE STEWART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	LINDSEY OFCACEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	ASSOCIATE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	ASSOCIATE DI
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherChangesInNetAssetsAmt	0	29768
IRS990EZ/OtherExpensesTotalAmt	0	41820
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO EMPOWER YOUNG PEOPLE IN THE IMPOVERISHED NEIGHBORHOODS OF LOUISVILLE'S WEST END AND SMOKETOWN THROUGH JOB TRAINING IN THE PROFESSIONAL CULINARY WORLD. TO MENTOR AND TRAIN YOUNG ADULTS WHO ARE HIGH SCHOOL GRADUATES INTO THE RESTAURANT INDUSTRY SO THAT THEY MAY GET THE PROPER TRAINING AND EDUCATION TO LEAD THEM INTO A PRODUCTIVE AND LIFELONG CAREER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	EXPOSED AND TRAINED FIVE MENTEES IN THE FOODSERVICE INDUSTRY WITH EXPOSURE AND CONTACT WITH INDUSTRY VETERANS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	55950
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	44406
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	5900
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	97861
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	108818
IRS990EZ/TotalProgramServiceExpensesAmt	0	55950
IRS990EZ/TotalRevenueAmt	0	109861
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.LEEINITIATIVE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	115761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	80294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	196055
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	103761
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	196055
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	115761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	80294
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	196055
IRS990ScheduleA/TotalSupportAmt	0	196055
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	5900
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	MAKER'S EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm	0	VARIOUS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	64240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt	0	39521
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	103761
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	64240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt	0	39521
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	103761
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	97861
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	5900
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt	0	3886
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt	0	2014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING AND PROMOTION 14,320 MENTEE TRAVEL EXPENSE REIMBUR 18,000 FAB SYMPOSIUM 9,500 TOTAL 41,820
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	CORRECTION TO BEGINNING CASH BALANCE 29,768
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	TO EMPOWER YOUNG PEOPLE IN THE IMPOVERISHED NEIGHBORHOODS OF LOUISVILLE'S WEST END AND SMOKETOWN THROUGH JOB TRAINING IN THE PROFESSIONAL CULINARY WORLD. TO MENTOR AND TRAIN YOUNG ADULTS WHO ARE HIGH SCHOOL GRADUATES INTO THE RESTAURANT INDUSTRY SO THAT THEY MAY GET THE PROPER TRAINING AND EDUCATION TO LEAD THEM INTO A PRODUCTIVE AND LIFELONG CAREER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	EDWARD LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9176029445
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LEE INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt	0	LEEI
ReturnHeader/Filer/EIN	0	823884798
ReturnHeader/Filer/PhoneNum	0	5027497933
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	610 W MAGNOLIA AVENUE
ReturnHeader/Filer/USAddress/CityNm	0	LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	KY
ReturnHeader/Filer/USAddress/ZIPCd	0	40208
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	0D6111DE887E7AF52DE09838A5A5DE7E32FE3032
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	6DCC082EC01AE6859996449539B2FD5F800AB0C7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-07-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	12:34:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	275255182
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	PATTERSON & COMPANY CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	2297 LEXINGTON ROAD SUITE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	402062818
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5022760956
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2020-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	ROBERT W PATTERSON JR CPA
ReturnHeader/ReturnTs	0	2020-07-17T12:34:30-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $39,382
Liabilities: -
Net assets: $39,382
Revenue: $109,861
Expenses: $108,818
Net income: $1,043

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.26	$0.01	$0.25	$2.34	$3.01	$0.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.18	$0.26	$0.93	$1.41	$2.00	$0.58
2022Detailed filing. Detailed filing data is available for this year.	$1.53	$0.02	$1.51	$2.71	$2.75	$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.68	$0.13	$1.55	$4.04	$3.20	$0.84
2020Detailed filing. Detailed filing data is available for this year.	$1.58	$0.83	$0.75	$6.11	$5.38	$0.73
2019Detailed filing. Detailed filing data is available for this year.	$0.04		$0.04	$0.11	$0.11	$0.00
2018Detailed filing. Detailed filing data is available for this year.	$0.01		$0.01	$0.08	$0.07	$0.01