Civic Intelligence

YWCA of Lubbock Legacy Fund Inc

EIN 85-4182718 • 501(c)3 • Lubbock, TX

Profile

The ywca of lubbock legacy fund inc. Is dedicated to meeting the needs of the ywca of lubbock in supporting the community through its mission of eliminating racism, empowering women, and promoting peace, justice, freedom, and dignity for all.

6501 University AveLubbock, TX 79413

www.ywcalubbock.org

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$150,724

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 45.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

1554%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,890,235

Up $678,545 (+13%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$5,890,235

Up $678,545 (+13%) from 2023

Revenue

Up

$332,960

Up $312,835 (+1554%) from 2023

Expenses

Up

$30,131

Up $4,331 (+17%) from 2023

Net Income

Up

$302,829

Up $308,504 (+5436%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2020: $4,946,436Liabilities 2020: $0Net Assets 2020: $4,946,4362020Assets 2021: $5,227,195Liabilities 2021: $0Net Assets 2021: $5,227,1952021Assets 2022: $4,752,940Liabilities 2022: $0Net Assets 2022: $4,752,9402022Assets 2023: $5,211,690Liabilities 2023: $0Net Assets 2023: $5,211,6902023Assets 2024: $5,890,235Liabilities 2024: $0Net Assets 2024: $5,890,2352024

Highlighted filing

2024

Assets$5,890,235
Liabilities$0
Net Assets$5,890,235

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $4,946,436Expenses 2020: $0Net Income 2020: $4,946,4362020Revenue 2021: $87,402Expenses 2021: $19,865Net Income 2021: $67,5372021Revenue 2022: -$115,246Expenses 2022: $22,458Net Income 2022: -$137,7042022Revenue 2023: $20,125Expenses 2023: $25,800Net Income 2023: -$5,6752023Revenue 2024: $332,960Expenses 2024: $30,131Net Income 2024: $302,8292024

Highlighted filing

2024

Revenue$332,960
Expenses$30,131
Net Income$302,829

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 17, 2025
Return Version
2024v5.1
Gross Receipts
$2,512,401
Mission and Program Overview

Mission

The ywca of lubbock legacy fund inc. Is dedicated to meeting the needs of the ywca of lubbock in supporting the community through its mission of eliminating racism, empowering women, and promoting peace, justice, freedom, and dignity for all.

To provide support for the young women's christian association of lubbock.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,991,776$5,476,302▲ $484,526
Cash and Non-Interest-Bearing Accounts$219,914$413,933▲ $194,019
Total Assets$5,211,690$5,890,235▲ $678,545
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,211,690$5,890,235▲ $678,545
Total Net Assets Fund Balance$5,211,690$5,890,235▲ $678,545
Total Liabilities and Net Assets / Fund Balance$5,211,690$5,890,235▲ $678,545

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$5,211,689$200▲ $679,951-$5,890,235
2023$4,752,940-▲ $462,079-$5,211,689
2022$5,227,195-▼ $472,695-$4,752,940
2021$4,946,436$29,810▲ $254,174-$5,227,195
2020$469,257$4,946,436▲ $5,310-$4,946,436
Compensation and Service Providers

Employees

NameTitleOtherTotal
Shane MoranFinance Director$91,291$91,291

Board Members and Trustees

NameTitle
Dawndra SechristPresident
Melinda PhariesVice President - Community Engagement
Kerri SchoonveltVice President - Mission Advocacy
Vanessa PopeAssistant Treasurer
Glenda MathisCEO
Sonya CastroSecretary
Victoria WhiteheadTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$200
Program Service Revenue
$0
Investment Income
$332,760
Other Revenue
$0
All Other Contributions
$200
Change in Net Assets
$302,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,131
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
Fees for Service Investment Mgmnt Fees-$28,526-$28,526
Fees for Services Accounting-$1,500-$1,500
Other Expenses-$105-$105
Total Functional Expenses$0$30,131$0$30,131
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board will review and approve the form 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization asks board members to complete the conflict of interest policy statement on an annual basis. If any potential conflicts are acknowledged, the board member is asked to recuse themselves on any related matters.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are made available to the public at the organization's office located in lubbock, tx.

Filing and Contact Details

Filer

Filer Name
Ywca of Lubbock Legacy Fund Inc
EIN
85-4182718
Phone
8069939922
Address
6501 UNIVERSITY AVE, LUBBOCK, TX 79413

Signing Officer

Name
Glenda Mathis
Title
CEO
Phone
8069939922
Signed
2025-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenda Mathis
Formed
2020
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
Matt R Willis
Phone
8067473806
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The legacy fund is controlled by and included in a consolidated financial statement with the ywca of lubbock. The ywca of lubbock board of directors have assigned members of the board to an audit committee. The committee is in charge of selecting the independent cpa to perform the audit, and to oversee the audit.

Financial Statement Notes

PART V, LINE 4:

To accumulate and hold funds to be used by the ywca of lubbock, inc.

PART X, LINE 2:

The association has adopted the "uncertain tax positions" provisions of accounting principles generally accepted in the united states of america. The primary tax position of the association is its filing status as a tax exempt entity. The association determined that it is more likely than not that its tax positions will be sustained upon examination by the internal revenue service (irs), or other state taxing authorities. The association is no longer subject to examinations by federal taxing authorities for years before 2021. There were no penalties or interest recognized during the year ended december 31, 2024.

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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt04946436
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04946436
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05310
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO ACCUMULATE AND HOLD FUNDS TO BE USED BY THE YWCA OF LUBBOCK, INC.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE ASSOCIATION IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE ASSOCIATION DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), OR OTHER STATE TAXING AUTHORITIES. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2021. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED DURING THE YEAR ENDED DECEMBER 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0135423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05023
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GLENDA MATHIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0150724
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL COMPENSATION REPORTED ON THE FORM 990 IS PAID BY THE YWCA OF LUBBOCK. YWCA OF LUBBOCK IS THE SUPPORTED ORGANIZATION OF THE LEGACY FUND. ALL OF THE ASSETS AND INCOME OF THE LEGACY FUND ARE FOR THE BENEFIT OF THE YWCA OF LUBBOCK. THE LEGACY FUND DOES NOT PAY ANY COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD WILL REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ASKS BOARD MEMBERS TO COMPLETE THE CONFLICT OF INTEREST POLICY STATEMENT ON AN ANNUAL BASIS. IF ANY POTENTIAL CONFLICTS ARE ACKNOWLEDGED, THE BOARD MEMBER IS ASKED TO RECUSE THEMSELVES ON ANY RELATED MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE LOCATED IN LUBBOCK, TX.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE LEGACY FUND IS CONTROLLED BY AND INCLUDED IN A CONSOLIDATED FINANCIAL STATEMENT WITH THE YWCA OF LUBBOCK. THE YWCA OF LUBBOCK BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS OF THE BOARD TO AN AUDIT COMMITTEE. THE COMMITTEE IS IN CHARGE OF SELECTING THE INDEPENDENT CPA TO PERFORM THE AUDIT, AND TO OVERSEE THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0YOUNG WOMEN'S CHRISTIAN ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0750939427
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EMPOWERING WOMEN AND PROMOTING PEACE, JUSTICE, FREEDOM AND DIGINITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06501 UNIVERSITY AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LUBBOCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd079413
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05211690
IRS990/TotalAssetsEOYAmt05890235
IRS990/TotalAssetsGrp/BOYAmt05211690
IRS990/TotalAssetsGrp/EOYAmt05890235
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0200
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030131
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt030131
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05211690
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05890235
IRS990/TotalOtherCompensationAmt026627
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0332760
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0332960
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05211690
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05890235
IRS990/TotReportableCompRltdOrgAmt0215388
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06501 UNIVERSITY AVE
IRS990/USAddress/CityNm0LUBBOCK
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079413
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.YWCALUBBOCK.ORG
IRS990/WhistleblowerPolicyInd00

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