Civic Intelligence

L40 Foundation

990EZ • Fiscal year 2022 • EIN 86-3316706

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 14, 2023

Organization ProfileN/A
527 Eastport DrLongwood, FL 32750

(612) 751-5221

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.

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

Liabilities / Revenue

58th percentile

0.00x

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

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

Net Margin

6th percentile

-96%

Higher net margin than 6% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$10,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

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

Asset Growth

3rd percentile

-98%

Faster asset growth than 3% of similar nonprofits.

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

Revenue Growth

24th percentile

-19%

Faster revenue growth than 24% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$466

Down $19,247 (-98%) from 2021

Net Assets

Down

$466

Down $19,247 (-98%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin6th percentile

Revenue

Down

$51,925

Down $12,234 (-19%) from 2021

Expenses

Up

$101,793

Up $55,498 (+120%) from 2021

Net Income

Down

-$49,868

Down $67,732 (-379%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$20K$15K$10K$5.0K$0Assets 2021: $19,713Liabilities 2021: $0Net Assets 2021: $19,7132021Assets 2022: $466Liabilities 2022: $0Net Assets 2022: $4662022Assets 2023: $6,503Liabilities 2023: $0Net Assets 2023: $6,5032023

Highlighted filing

2022

Assets$466
Liabilities$0
Net Assets$466
Open 2022 Filing

Operations Trend

Revenue Growth24th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $64,159Expenses 2021: $46,295Net Income 2021: $17,8642021Revenue 2022: $51,925Expenses 2022: $101,793Net Income 2022: -$49,8682022Revenue 2023: $56,628Expenses 2023: $50,125Net Income 2023: $6,5032023

Highlighted filing

2022

Revenue$51,925
Expenses$101,793
Net Income-$49,868
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 14, 2023
Return Version
2022v5.0
Gross Receipts
$51,925
Mission and Program Overview

Mission

To remove socioeconomic barriers between kids and athletic achievement opportunities and development.

To remove socioecnomic barrieers between kids and athlectic achivement opportunities and developement

Program Services

DescriptionGrantsExpenses
TO REMOVE SOCIOECONOMIC BARRIERS BETWEEN LIDS AND ATHLECTIC ACHIEVEMENT OPPORTUNITIES AND DEVELOPEMENT-$101,793
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DYLAN PALACIOPresidentPT$10,000-$10,000
KRITINA LOVE-KEYSSecretaryFT$5,900-$5,900
CHRISTOPHER PETreasurer-$0--
JOHNNI DIJULIOVice President-$0--
Filing and Contact Details

Filer

Filer Name
The L40 Foundation Inc
EIN
86-3316706
Phone
6127515221
Address
527 EASTPORT DR, LONGWOOD, FL 32750

Signing Officer

Name
Kritina Love-keys
Title
Secretary
Signed
2023-08-14
Discuss with paid preparer
Yes

Preparer

Firm
B & R Tax Service
Address
20469 HAMBURG AVE, LAKEVILLE, MN 55044
Preparer
Robert W Brick
Phone
9524692579
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $140”

Other Expenses.1005

“Travel $2896”

Other Expenses.1

“SCHOLOSHIPS $72200”

Other Expenses.2

“OFFICE EXPENSE $4688”

Other Expenses.3

“BOOKEEPING $1166”

Other Expenses.4

“MISC $225”

Raw XML Appendix152 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/PersonNm0KRISTINA LOVE-KEYS
IRS990EZ/BooksInCareOfDetail/PhoneNum06125128002
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014357 BANYAN LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROSEMOUNT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055068
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019713
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0466
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt051925
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-49868
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019713
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0466
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt051925
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019713
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0466
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019713
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0466
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt05900
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KRITINA LOVE-KEYS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DYLAN PALACIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTOPHER PE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHNNI DIJULIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt030621
IRS990EZ/OtherExpensesTotalAmt081315
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO REMOVE SOCIOECNOMIC BARRIEERS BETWEEN KIDS AND ATHLECTIC ACHIVEMENT OPPORTUNITIES AND DEVELOPEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO REMOVE SOCIOECONOMIC BARRIERS BETWEEN LIDS AND ATHLECTIC ACHIEVEMENT OPPORTUNITIES AND DEVELOPEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0101793
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt020478
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0101793
IRS990EZ/TotalProgramServiceExpensesAmt0101793
IRS990EZ/TotalRevenueAmt051925
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0-1
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt064159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt051925
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0116083
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0116083
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0-1
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt064159
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt051925
IRS990ScheduleA/Total509Grp/TotalAmt0116083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0-1
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt064159
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt051925
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0116083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $2896
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SCHOLOSHIPS $72200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE EXPENSE $4688
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOKEEPING $1166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISC $225
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRITINA LOVE-KEYS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE L40 FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0L40F
ReturnHeader/Filer/EIN0863316706
ReturnHeader/Filer/PhoneNum06127515221
ReturnHeader/Filer/USAddress/AddressLine1Txt0527 EASTPORT DR
ReturnHeader/Filer/USAddress/CityNm0LONGWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032750
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411799076
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0B & R TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020469 HAMBURG AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055044
ReturnHeader/PreparerPersonGrp/PhoneNum09524692579
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W BRICK
ReturnHeader/ReturnTs02023-08-14T11:29:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KRITINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOVE-KEYS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$466
Liabilities
$0
Net assets
$466
Revenue
$51,925
Expenses
$101,793
Net income
-$49,868
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.57$0.50$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.52$1.02$0.50
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.64$0.46$0.18