Civic Intelligence

Libbys Friends

990EZ • Fiscal year 2021 • EIN 84-4959437

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

3456 Westbury RdMountain Brook, AL 35223

(205) 547-1520

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

64th percentile

19%

Higher net margin than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$35,829

No earlier filing loaded for comparison.

Net Assets

$35,829

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$75,031

No earlier filing loaded for comparison.

Expenses

$60,753

No earlier filing loaded for comparison.

Net Income

$14,278

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.

$300K$200K$100K$0Assets 2021: $35,829Net Assets 2021: $35,8292021Assets 2022: $192,032Liabilities 2022: $0Net Assets 2022: $192,0322022Assets 2023: $265,405Liabilities 2023: $0Net Assets 2023: $265,4052023Assets 2024: $170,847Liabilities 2024: $0Net Assets 2024: $170,8472024

Highlighted filing

2021

Assets$35,829
Liabilities-
Net Assets$35,829

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $75,031Expenses 2021: $60,753Net Income 2021: $14,2782021Revenue 2022: $331,213Expenses 2022: $175,010Net Income 2022: $156,2032022Revenue 2023: $426,053Expenses 2023: $352,680Net Income 2023: $73,3732023Revenue 2024: $436,148Expenses 2024: $530,705Net Income 2024: -$94,5572024

Highlighted filing

2021

Revenue$75,031
Expenses$60,753
Net Income$14,278
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$94,717
Mission and Program Overview

Mission

We know first hand how expensive it is to raise a child with special needs. Wheelchairs, adaptive equipment, and therapies can run thousands of dollars and are not always fully covered by insurance. While we are very thankful for insurance, there is a gap in coverage where these things are either not covered at all or the deductibles and copays put added stress to an already difficult situation. Our goal is to assist families who are in this financial gap. Let us take some of the burden off of your shoulders so you can enjoy life with your incredibly special family member.

Program Services

DescriptionGrantsExpenses
Libby's Friends provided grants to 41 families during 2021, assisting in the medical care for families in need.$53,323$53,323
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lane HaganExecutive DirectorPT$0--
Brian CliffordDirector-$0--
Kyle ConradDirector-$0--
Jamie MoncusDirector-$0--
Kristi RennekerDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf tournament$42,763$42,763-$42,763
Other fundraising events$9,926$9,926-$9,926
Total Events$52,689$52,689$19,686$33,003
Filing and Contact Details

Filer

Filer Name
Libbys Friends
EIN
84-4959437
Address
3456 Westbury Rd, Mountain Brook, AL 35223

Signing Officer

Name
Lane Hagan
Title
Executive Director
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Monteagle Strategic Finance LLC
Address
120 19th St N Suite 350, Birmingham, AL 35203
Preparer
Brian Clifford
Phone
2055471520
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Various | Cash Amount Given: $53323

Other Expenses.1001

Advertising and Promotion $1612

Other Expenses.1002

Office Expenses $2660

Other Expenses.1003

Information Technology $1376

Other Expenses.1012

Insurance $1162

Other Expenses.1

Other expenses $358

Other Expenses.2

Meals $169

Other Expenses.3

Bank charges $93

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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/ReturnTs02022-11-15T13:15:12-08:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings