Civic Intelligence

Lh Education Inc.

EIN 82-4590877 • 501(c)3 • Mount Ulla, NC

Pub. 78 Eligible990-N CoverageNTEE P80

Profile

Education

1255 Thicket LaneMount Ulla, NC 28125-7824
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

100th percentile

141.00x

Higher debt load relative to revenue than 100% of similar nonprofits.

NTEE P80 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-757%

Higher net margin than 2% of similar nonprofits.

NTEE P80 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE P80 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

76th percentile

40%

Faster revenue growth than 76% of similar nonprofits.

NTEE P80 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2023

Liabilities

Up

$987

Up $53 (+5.7%) from 2023

Net Assets

Down

-$987

Down $53 (-5.7%) from 2023

Operations
Liabilities / Revenue100th percentileNet Margin2nd percentile

Revenue

Up

$7

Up $2 (+40%) from 2023

Expenses

Down

$60

Down $158 (-72%) from 2023

Net Income

Up

-$53

Up $160 (+75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0K$500$0-$500-$1.0KAssets 2018: $0Liabilities 2018: $603Net Assets 2018: -$6032018Assets 2019: $0Liabilities 2019: $603Net Assets 2019: -$6032019Assets 2020: $0Liabilities 2020: $857Net Assets 2020: -$8572020Assets 2021: $0Liabilities 2021: $205Net Assets 2021: -$2052021Assets 2022: $0Liabilities 2022: $721Net Assets 2022: -$7212022Assets 2023: $0Liabilities 2023: $934Net Assets 2023: -$9342023Assets 2024: $0Liabilities 2024: $987Net Assets 2024: -$9872024

Highlighted filing

2024

Assets$0
Liabilities$987
Net Assets-$987
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0K$500$0-$500-$1.0KRevenue 2018: $367Expenses 2018: $970Net Income 2018: -$6032018Revenue 2019: $232Expenses 2019: $232Net Income 2019: $02019Revenue 2020: $150Expenses 2020: $404Net Income 2020: -$2542020Revenue 2021: $1,000Expenses 2021: $348Net Income 2021: $6522021Revenue 2022: $69Expenses 2022: $585Net Income 2022: -$5162022Revenue 2023: $5Expenses 2023: $218Net Income 2023: -$2132023Revenue 2024: $7Expenses 2024: $60Net Income 2024: -$532024

Highlighted filing

2024

Revenue$7
Expenses$60
Net Income-$53
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$987
Net assets
-$987
Revenue
$7
Expenses
$60
Net income
-$53
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0$987$987$7$60$53
2023Detailed filing. Detailed filing data is available for this year.$0$934$934$5$218$213
2022Detailed filing. Detailed filing data is available for this year.$0$721$721$69$585$516
2021Detailed filing. Detailed filing data is available for this year.$0$205$205$1,000$348$652
2020Detailed filing. Detailed filing data is available for this year.$0$857$857$150$404$254
2019Detailed filing. Detailed filing data is available for this year.$0$603$603$232$232$0
2018Detailed filing. Detailed filing data is available for this year.$0$603$603$367$970$603
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 8, 2025
Return Version
2024v5.0
Gross Receipts
$7
Mission and Program Overview

Mission

Education

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$-934$-987▼ $53
Total Assets$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$934$987▲ $53
Total Liabilities$934$987▲ $53
Net Assets / Fund Balance
Total Net Assets Fund Balance$-934$-987▼ $53
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Lynn M HegedusDirector of Ed Svcs
Revenue and Support

Revenue Composition

Contributions and Grants
$7
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7
Change in Net Assets
$-53
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$60--$60
Total Functional Expenses$60$0$0$60
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Organization will have members”

Member election for additional members Part VI line 7A

“Members can elect additional members”

Governing body decisions Part VI line 7B

“Approved by a majority of members”

Form 990 governing body review Part VI line 11

“Form 990 is reviewed by governing body before filing”

CEO executive director top management comp Part VI line 15A

“Executive Director is not compensated”

Other officer or key employee compensation Part VI line 15B

“No officers are compensated”

Governing documents etc available to public Part VI line 19

“Documents are made available on request”

Filing and Contact Details

Filer

Filer Name
LH Education Inc
EIN
82-4590877
In Care Of
% Lynn M Hegedus
Phone
7046095602
Address
1255 Thicket Lane, Mount Ulla, NC 28125-7824

Signing Officer

Name
Lynn M Hegedus
Title
Director
Phone
7046095602
Signed
2025-03-08
Discuss with paid preparer
No

Organization Details

Principal Officer
Lynn M Hegedus
Formed
2018
Legal Domicile
Nc
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Robert Joyner CPA PLLC
Address
219 Williamson Road Ste 2202, Mooresville, NC 28117
Preparer
Robert Joyner
Phone
7046601961
Raw XML Appendix267 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.

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxYr02024

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