Civic Intelligence

Libbi Thomas Foundation

990EZ • Fiscal year 2023 • EIN 85-3818829

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 27, 2025

Organization ProfileLIBBITHOMAS.ORG
7717 Creswell Road 38Shreveport, LA 71106

(318) 469-9800

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-291%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

4th percentile

-92%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-81%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$720

Down $8,010 (-92%) from 2022

Net Assets

Down

$720

Down $8,010 (-92%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin3rd percentile

Revenue

Down

$2,756

Down $11,860 (-81%) from 2022

Expenses

Down

$10,766

Down $8,653 (-45%) from 2022

Net Income

Down

-$8,010

Down $3,207 (-67%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$15K$10K$5.0K$0Assets 2021: $13,533Liabilities 2021: $0Net Assets 2021: $13,5332021Assets 2022: $8,730Liabilities 2022: $0Net Assets 2022: $8,7302022Assets 2023: $720Liabilities 2023: $0Net Assets 2023: $7202023Assets 2024: $58Liabilities 2024: $0Net Assets 2024: $582024

Highlighted filing

2023

Assets$720
Liabilities$0
Net Assets$720
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2021: $68,822Expenses 2021: $55,289Net Income 2021: $13,5332021Revenue 2022: $14,616Expenses 2022: $19,419Net Income 2022: -$4,8032022Revenue 2023: $2,756Expenses 2023: $10,766Net Income 2023: -$8,0102023Revenue 2024: $6,529Expenses 2024: $7,191Net Income 2024: -$6622024

Highlighted filing

2023

Revenue$2,756
Expenses$10,766
Net Income-$8,010
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 27, 2025
Return Version
2023v6.0
Gross Receipts
$2,756
Mission and Program Overview

Mission

To provide funding in research on down syndrome and alzheimer's disease.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FUNDING IN RESEARCH ON DOWN SYNDROME AND ALZHEIMER'S DISEASE.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SYLVIA RAMSAURDirector-$0--
PATRICIA HARPERPresidentFT$0--
LAURA WINTERSSecretaryPT$0--
SARA ABBOTTTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Libbi Thomas Foundation
EIN
85-3818829
Phone
3184699800
Address
7717 CRESWELL ROAD 38, SHREVEPORT, LA 71106

Signing Officer

Name
Patricia Harper
Title
President
Phone
3184699800
Signed
2025-01-27
Discuss with paid preparer
Yes

Preparer

Firm
Heard Mcelroy & Vestal LLC
Address
333 TEXAS STREET SUITE 1525, SHREVEPORT, LA 71101
Preparer
Aimee P Mcfarland
Phone
3184291525
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: fees. Amount: 514. Description: dues and subscriptions. Amount: 44. Description: it. Amount: 6,916. Description: miscellaneous. Amount: 655. Description: travel. Amount: 1,160. Description: promotions. Amount: 146. Description: meals. Amount: 541. Total to form 990-ez, line 16: 9,976.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: receivable. Beg. Of year amount: 0. End of year amount: 720.”

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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PATRICIA HARPER
IRS990EZ/BooksInCareOfDetail/PhoneNum03184699800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07717 CRESWELL ROAD 38
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHREVEPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd071106
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08730
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt02756
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8010
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossReceiptsAmt02756
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt0720
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08730
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0720
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08730
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0720
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SYLVIA RAMSAUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PATRICIA HARPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAURA WINTERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SARA ABBOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0720
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09976
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FUNDING IN RESEARCH ON DOWN SYNDROME AND ALZHEIMER'S DISEASE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FUNDING IN RESEARCH ON DOWN SYNDROME AND ALZHEIMER'S DISEASE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt010766
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt02756
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0LIBBITHOMAS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt068822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt086194
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt073642
IRS990ScheduleA/SubstantialContributorsTotAmt012552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt068822
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt086194
IRS990ScheduleA/TotalSupportAmt086194
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0720
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ACCIDENTALLY USED WRONG CREDIT CARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0720
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0PATTI HARPER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0AS SOON AS PATTI REALIZED THAT THE WRONG CREDIT CARD WAS USED, THE ORGANIZATION WAS PAID BACK.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH L, PART II, LINE (1)
IRS990ScheduleL/TotalBalanceDueAmt0720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: FEES. AMOUNT: 514. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 44. DESCRIPTION: IT. AMOUNT: 6,916. DESCRIPTION: MISCELLANEOUS. AMOUNT: 655. DESCRIPTION: TRAVEL. AMOUNT: 1,160. DESCRIPTION: PROMOTIONS. AMOUNT: 146. DESCRIPTION: MEALS. AMOUNT: 541. TOTAL TO FORM 990-EZ, LINE 16: 9,976.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 720.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICIA HARPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03184699800
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIBBI THOMAS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LIBB
ReturnHeader/Filer/EIN0853818829
ReturnHeader/Filer/PhoneNum03184699800
ReturnHeader/Filer/USAddress/AddressLine1Txt07717 CRESWELL ROAD 38
ReturnHeader/Filer/USAddress/CityNm0SHREVEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd071106
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720398470
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HEARD MCELROY & VESTAL LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0333 TEXAS STREET SUITE 1525
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHREVEPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd071101
ReturnHeader/PreparerPersonGrp/PhoneNum03184291525
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AIMEE P MCFARLAND
ReturnHeader/ReturnTs02025-02-03T17:03:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$720
Liabilities
$0
Net assets
$720
Revenue
$2,756
Expenses
$10,766
Net income
-$8,010
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$6.53$7.19$0.66
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$2.76$10.8$8.01
2022Detailed filing. Detailed filing data is available for this year.$8.73$0.00$8.73$14.6$19.4$4.80
2021Detailed filing. Detailed filing data is available for this year.$13.5$0.00$13.5$68.8$55.3$13.5