Civic Intelligence

Lifetree Foundation Inc

EIN 84-3745880 • 501(c)3 • McKinney, TX

Profile

Affordable housing for low income famlies

3900 Stonbridge DrMcKinney, TX 75070

n/A

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

51%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

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

Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$432,095

Up $146,075 (+51%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$432,095

Up $146,075 (+51%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin98th percentile

Revenue

Up

$150,000

Up $150,000 from 2021

Expenses

Down

$3,925

Down $546 (-12%) from 2021

Net Income

Up

$146,075

Up $150,546 (+3367%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

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

$600K$400K$200K$0Assets 2019: $300,200Liabilities 2019: $4,525Net Assets 2019: $295,6752019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $286,020Liabilities 2021: $0Net Assets 2021: $286,0202021Assets 2022: $432,095Net Assets 2022: $432,0952022

Highlighted filing

2022

Assets$432,095
Liabilities-
Net Assets$432,095
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KRevenue 2019: $300,200Expenses 2019: $4,525Net Income 2019: $295,6752019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $4,471Net Income 2021: -$4,4712021Revenue 2022: $150,000Expenses 2022: $3,925Net Income 2022: $146,0752022

Highlighted filing

2022

Revenue$150,000
Expenses$3,925
Net Income$146,075
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$432,095
Liabilities
-
Net assets
$432,095
Revenue
$150,000
Expenses
$3,925
Net income
$146,075
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$4.32$4.32$1.50$0.04$1.46
2021Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.00$0.04$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.05$2.96$3.00$0.05$2.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 15, 2023
Return Version
2022v5.0
Gross Receipts
$150,000
Mission and Program Overview

Mission

Providing housing to low to moderate income families

Affordable housing for low income famlies

Program Services

DescriptionGrantsExpenses
LIFETREE FOUNDATION INC IS STILL IN THE PROCESS OF FINDING AFFORDABLE HOUSING TO PURCHASE--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHELLEY CANNONDirector-$0--
B KEITH WEAVERDirector, Treasurer-$0--
SUZANNE WEAVERVice President, Secr-$0--
Filing and Contact Details

Filer

Filer Name
Lifetree Foundation Inc
EIN
84-3745880
Phone
2144777022
Address
3900 STONBRIDGE DR, McKinney, TX 75070

Signing Officer

Name
B Keith Weaver
Title
President
Phone
2144777022
Signed
2023-09-15
Discuss with paid preparer
No

Preparer

Firm
Hrb Tax Group Inc
Address
CHC PILOT 1 WFA, KANSAS CITY, MO 64105
Preparer
Emily Davidson
Phone
8004725625
Supplemental Narrative

Additional Explanations

Part I Line 16 Other Expenses

“Training $1,295, registered agent fee $135, trust documents $495”

Part II Line 24 Other Assets

“Gold and silver assets $41,124”

Raw XML Appendix116 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KEITH WEAVER
IRS990EZ/BooksInCareOfDetail/PhoneNum02144777022
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03900 S STONEBRIDGE SUITE 1102
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0McKinney
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075070
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0244896
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0390971
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0150000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0146075
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01000
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0286020
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0432095
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0150000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0286020
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0432095
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0286020
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0432095
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHELLEY CANNON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1B KEITH WEAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUZANNE WEAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR, TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT, SECR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt041124
IRS990EZ/OtherAssetsTotalDetail/EOYAmt041124
IRS990EZ/OtherExpensesTotalAmt02925
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING FOR LOW INCOME FAMLIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LIFETREE FOUNDATION INC IS STILL IN THE PROCESS OF FINDING AFFORDABLE HOUSING TO PURCHASE
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03925
IRS990EZ/TotalRevenueAmt0150000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0150000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0300200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0450200
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt09004
IRS990ScheduleA/SubstantialContributorsTotAmt0441196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0150000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0300200
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0450200
IRS990ScheduleA/TotalSupportAmt0450200
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAINING $1,295, REGISTERED AGENT FEE $135, TRUST DOCUMENTS $495
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOLD AND SILVER ASSETS $41,124
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I LINE 16 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II LINE 24 OTHER ASSETS
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0B KEITH WEAVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02144777022
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFETREE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0843745880
ReturnHeader/Filer/PhoneNum02144777022
ReturnHeader/Filer/USAddress/AddressLine1Txt03900 STONBRIDGE DR
ReturnHeader/Filer/USAddress/CityNm0McKinney
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075070
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0CHC PILOT 1 WFA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064105
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Emily Davidson
ReturnHeader/ReturnTs02023-09-15T20:33:26Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0B
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WEAVER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits