Civic Intelligence

Lubbock Economic Development Alliance

990 • Fiscal year 2014 • EIN 90-0183669

Oct 01, 2013 to Sep 30, 2014 • Filed on Mar 26, 2015

Organization ProfileWWW.LUBBOCKEDA.ORG

View Organization Page

1500 Broadway 6th Floor79401

(806) 749-4500

Siviq Scores

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

Liabilities / Assets

45th percentile

0.17x

Higher debt load relative to assets than 45% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

0.38x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Net Margin

90th percentile

64%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$297,660

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2014

Asset Growth

94th percentile

36%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

21st percentile

-8.4%

Faster revenue growth than 21% of similar nonprofits.

2014 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$19,421,724

Up $5,181,558 (+36%) from 2013

Net Assets

Up

$16,116,760

Up $5,489,386 (+52%) from 2013

Liabilities

Down

$3,304,964

Down $307,828 (-8.5%) from 2013

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin90th percentile

Revenue

Down

$8,604,091

Down $786,061 (-8.4%) from 2013

Expenses

Down

$3,114,705

Down $660,681 (-17%) from 2013

Net Income

Down

$5,489,386

Down $125,380 (-2.2%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$100M$50M$0-$50MAssets 2011: $24,239,678Liabilities 2011: $7,273,663Net Assets 2011: $16,966,0152011Assets 2012: $28,192,610Liabilities 2012: $6,940,736Net Assets 2012: $21,251,8742012Assets 2013: $14,240,166Liabilities 2013: $3,612,792Net Assets 2013: $10,627,3742013Assets 2014: $19,421,724Liabilities 2014: $3,304,964Net Assets 2014: $16,116,7602014Assets 2015: $25,180,148Liabilities 2015: $4,612,449Net Assets 2015: $20,567,6992015Assets 2016: $25,716,521Liabilities 2016: $3,732,686Net Assets 2016: $21,983,8352016Assets 2017: $26,980,443Liabilities 2017: $2,847,078Net Assets 2017: $24,133,3652017Assets 2018: $26,418,342Liabilities 2018: $3,019,951Net Assets 2018: $23,398,3912018Assets 2019: $29,565,850Liabilities 2019: $15,438,991Net Assets 2019: $14,126,8592019Assets 2020: $25,650,903Liabilities 2020: $11,338,962Net Assets 2020: $14,311,9412020Assets 2021: $29,508,777Liabilities 2021: $6,361,302Net Assets 2021: $23,147,4752021Assets 2022: $26,107,253Liabilities 2022: $39,355,901Net Assets 2022: -$13,248,6482022Assets 2023: $61,566,582Liabilities 2023: $68,186,329Net Assets 2023: -$6,619,7472023Assets 2024: $56,265,447Liabilities 2024: $58,740,868Net Assets 2024: -$2,475,4212024

Highlighted filing

2014

Assets$19,421,724
Liabilities$3,304,964
Net Assets$16,116,760
Open 2014 Filing

Operations Trend

Revenue Growth21st percentile

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

$50M$0-$50MRevenue 2011: $7,493,756Expenses 2011: $3,193,910Net Income 2011: $4,299,8462011Revenue 2012: $8,787,700Expenses 2012: $4,501,841Net Income 2012: $4,285,8592012Revenue 2013: $9,390,152Expenses 2013: $3,775,386Net Income 2013: $5,614,7662013Revenue 2014: $8,604,091Expenses 2014: $3,114,705Net Income 2014: $5,489,3862014Revenue 2015: $8,196,371Expenses 2015: $4,860,917Net Income 2015: $3,335,4542015Revenue 2016: $7,885,401Expenses 2016: $6,469,265Net Income 2016: $1,416,1362016Revenue 2017: $6,231,363Expenses 2017: $4,081,833Net Income 2017: $2,149,5302017Revenue 2018: $6,524,810Expenses 2018: $7,259,784Net Income 2018: -$734,9742018Revenue 2019: $7,350,664Expenses 2019: $16,622,196Net Income 2019: -$9,271,5322019Revenue 2020: $7,562,648Expenses 2020: $7,377,566Net Income 2020: $185,0822020Revenue 2021: $13,680,218Expenses 2021: $4,844,684Net Income 2021: $8,835,5342021Revenue 2022: $10,240,082Expenses 2022: $46,636,205Net Income 2022: -$36,396,1232022Revenue 2023: $12,728,693Expenses 2023: $6,099,792Net Income 2023: $6,628,9012023Revenue 2024: $16,845,151Expenses 2024: $12,700,825Net Income 2024: $4,144,3262024

Highlighted filing

2014

Revenue$8,604,091
Expenses$3,114,705
Net Income$5,489,386
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Mar 26, 2015
Return Version
2013v4.0
Gross Receipts
$8,625,518
Mission and Program Overview

Mission

To promote economic growth by creating high quality jobs, investing in new capital improvements, retaining and expanding existing businesses and enhancing lubbock's quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$10,627,374$16,116,760▲ $5,489,386
Savings and Temporary Cash Investments$4,884,905$10,194,880▲ $5,309,975
Land, Buildings, and Equipment, Net$8,195,646$8,266,894▲ $71,248
Accounts Receivable$1,159,615$959,950▼ $199,665
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$14,240,166$19,421,724▲ $5,181,558
Liabilities
Grants Payable$3,512,166$3,228,275▼ $283,891
Other Liabilities$57,415$51,279▼ $6,136
Accounts Payable and Accrued Expenses$43,211$25,410▼ $17,801
Total Liabilities$3,612,792$3,304,964▼ $307,828
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,627,374$16,116,760▲ $5,489,386
Total Liabilities and Net Assets / Fund Balance$14,240,166$19,421,724▲ $5,181,558

Asset Categories

AssetBook ValueDepreciationBasis
Land$8,220,025-$8,220,025
Equipment$28,007$190,420$218,427
Other Land Buildings$15,026-$15,026
Leasehold Improvements$3,836$8,186$12,022
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John OsborneCEOFT$200,030$97,630$297,660
Kenny MckayVice PresidentFT$130,272$41,090$171,362
Jana JohnstonCFOFT$127,791$13,894$141,685
Michael HatleyDirector of Workforce DevFT$124,125$9,780$133,905
Terri DuncanDirector of RecruitmentFT$110,700$11,216$121,916

Board Members and Trustees

NameTitle
Mike McdougalChairman
David SharbuttVice Chairman
Calvin DavisDirector
Jim GilbreathDirector
Lance NailDirector
Lance PetersDirector
Les EubankDirector
Sandy HenryDirector
Tim CollinsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$7,918,657
Program Service Revenue
$0
Investment Income
$664,714
Other Revenue
$20,720
Change in Net Assets
$5,489,386

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,604,091
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,604,091
Total Revenue per Form 990
$8,604,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,128,032
Salaries, Compensation, and Employee Benefits$1,090,368
Other Expenses$896,305
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,128,032--$1,128,032
Current Officers, Directors, Trustees, and Key Employees$649,896$216,632-$866,528
Advertising$300,219--$300,219
Occupancy$296,083--$296,083
Office Expenses$138,844$46,281-$185,125
Fees for Services Accounting$104,207$34,735-$138,942
Payroll Taxes$57,220$19,073-$76,293
Travel$67,843$6,430-$74,273
Other Employee Benefits$49,527$16,509-$66,036
Pension Plan Contributions$43,209$14,403-$57,612
Fees for Services Legal$28,970$9,656-$38,626
Conferences and Meetings$29,981$5,962-$35,943
Information Technology$22,587$7,529-$30,116
Other Salaries and Wages$17,924$5,975-$23,899
Depreciation Depletion$20,192--$20,192
Fees for Services Other$11,604$3,868-$15,472
Insurance$9,839$3,280-$13,119
All Other Expenses$1,821$608-$2,429
Other Expenses$-566,724$32,910-$-566,724
Total Functional Expenses$2,690,854$423,851$0$3,114,705

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,114,705
Total Expenses per Audited Statements$3,114,705
Total Expenses per Form 990$3,114,705
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
75-2720295-N/aEconomic Development$200,000
75-2798998-N/aEconomic Development$108,333
90-0183669-N/aEconomic Development$100,000
75-2373937-N/aEconomic Development$55,000
75-2765560-N/aEconomic Development$48,300
75-2303920-N/aEconomic Development$40,000
90-0506947-N/aEconomic Development$24,283
45-2387646-N/aEconomic Development$24,100
75-2406207-N/aEconomic Development$22,700
57-1154666-N/aEconomic Development$19,600
27-1249953-N/aEconomic Development$18,383
75-2603231-N/aEconomic Development$18,000
26-1569907-N/aEconomic Development$17,800
75-0916459-N/aEconomic Development$17,700
23-1940157-N/aEconomic Development$17,700
75-2838797-N/aEconomic Development$16,800
75-2164905-N/aEconomic Development$15,700
75-2628712-N/aEconomic Development$12,900
80-0151961-N/aEconomic Development$10,500
75-2690032-N/aEconomic Development$8,400
20-8465676-N/aEconomic Development$7,000
75-1423734-N/aEconomic Development$6,400
59-2800509-N/aEconomic Development$5,800
75-2576591-N/aEconomic Development$5,700
31-1260729-N/aEconomic Development$5,400
51-0472628-N/aEconomic Development$5,100
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mike McdougalMike Serves on the Board of DirectorsTHE ORGANIZATION'S OFFICE SPACE IS RENTED FROM A PARTNERSHIP WHICH MIKE HAS AN OWNERSHIP INTEREST.No$127,118
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$51,279
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The cfo presented a copy of the form 990 to the board for their review and discussion. The review occurred at the board meeting immediately proceeding the filing of the form 990.”

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

“The conflict of interest policy is distributed to the board of directors at the first meeting of the year. It has a signature line on the bottom of the form for the director to sign and date indicating that they have read and agree to the policy. As a part of the procedure there is an accompanying conflict of interest questionnaire on which the board members list any potential conflicts. Both documents are collected and maintained by the cfo of leda and are updated each year. Finally, the policy provides that a board member may notify the chairman of the board when he/she becomes aware of a potential conflict during the course of the year.”

Form 990, Part VI, Section B, Line 15

“Officer and key employee salaries are reviewed annually and recommendations are made by the audit and compliance committee and management to adjust compensation levels based on compensation surveys, inflation and merit. The compensation survey used in determining recommended salary adjustments is based on industry data reflected in the annual international economic development council (iedc) salary survey of economic development professionals which is published by the iedc. This study provides salaries for the various positions within the industry and is sorted according to organizational size and geographic region.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and audited financial statements are available for viewing at the organization's office at 1500 broadway st, ste 600; lubbock, tx.”

Filing and Contact Details

Filer

EIN
90-0183669
Phone
8067494500

Signing Officer

Name
Jana Johnston
Title
CEO
Phone
8067494500
Signed
2015-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Osborne
Formed
2004
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
16
Volunteers
9

Preparer

Preparer
Matt R Willis
Phone
8067473806
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“The board of directors have assigned members to an audit committee to oversee the financial statement audit and select the independent financial statement auditor.”

Financial Statement Notes

PART X, LINE 2:

“The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits that the position will be sustained upon examination. As of september 30, 2014 management has analyzed its tax positions and believes that all are more likely than not to be sustained upon examination. Leda's tax returns generally remain open for federal income tax examination for three years from the date of filing.”

Raw XML AppendixShowing 400 of 796 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.

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IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC GROWTH BY CREATING HIGH QUALITY JOBS, INVESTING IN NEW CAPITAL IMPROVEMENTS, RETAINING AND EXPANDING EXISTING BUSINESSES AND ENHANCING LUBBOCK'S QUALITY OF LIFE.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9262731
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10127791
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11158113
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12110700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13124125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF RECRUITMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF WORKFORCE DEV
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0633084
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt05387578
IRS990/GrantAmt01128032
IRS990/GrantsPayableGrp/BOYAmt03512166
IRS990/GrantsPayableGrp/EOYAmt03228275
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01128032
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01128032
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0654511
IRS990/GrossReceiptsAmt08625518
IRS990/GrossRentsGrp/RealAmt020720
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
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IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07529
IRS990/InformationTechnologyGrp/ProgramServicesAmt022587
IRS990/InformationTechnologyGrp/TotalAmt030116
IRS990/InsuranceGrp/ManagementAndGeneralAmt03280
IRS990/InsuranceGrp/ProgramServicesAmt09839
IRS990/InsuranceGrp/TotalAmt013119
IRS990/InvestmentIncomeGrp/ExclusionAmt031630
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031630
IRS990/InvestmentInJointVentureInd00
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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt08195646
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08266894
IRS990/LandBldgEquipCostOrOtherBssAmt08465500
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt021427
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE ECONOMIC GROWTH BY CREATING HIGH QUALITY JOBS, INVESTING IN NEW CAPITAL IMPROVEMENTS, RETAINING AND EXPANDING EXISTING BUSINESSES AND ENHANCING LUBBOCK'S QUALITY OF LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010627374
IRS990/NetAssetsOrFundBalancesEOYAmt016116760
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0633084
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0633084
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt020720
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt020720
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0296083
IRS990/OccupancyGrp/TotalAmt0296083
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt046281
IRS990/OfficeExpensesGrp/ProgramServicesAmt0138844
IRS990/OfficeExpensesGrp/TotalAmt0185125
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016509
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt049527
IRS990/OtherEmployeeBenefitsGrp/TotalAmt066036
IRS990/OtherExpensesGrp/Desc0SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc2FORFEITED INCENTIVES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032910
IRS990/OtherExpensesGrp/ProgramServicesAmt0180850
IRS990/OtherExpensesGrp/ProgramServicesAmt198730
IRS990/OtherExpensesGrp/ProgramServicesAmt2-566724
IRS990/OtherExpensesGrp/TotalAmt0180850
IRS990/OtherExpensesGrp/TotalAmt1131640
IRS990/OtherExpensesGrp/TotalAmt2-566724
IRS990/OtherLiabilitiesGrp/BOYAmt057415
IRS990/OtherLiabilitiesGrp/EOYAmt051279
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05975
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt017924
IRS990/OtherSalariesAndWagesGrp/TotalAmt023899
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019073
IRS990/PayrollTaxesGrp/ProgramServicesAmt057220
IRS990/PayrollTaxesGrp/TotalAmt076293
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014403
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt043209
IRS990/PensionPlanContributionsGrp/TotalAmt057612
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN OSBORNE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07889809
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01325131
IRS990/PYInvestmentIncomeAmt020141
IRS990/PYOtherExpensesAmt01336914
IRS990/PYOtherRevenueAmt01480202
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt05604766
IRS990/PYSalariesCompEmpBnftPaidAmt01123341
IRS990/PYTotalExpensesAmt03785386
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09390152
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05489386
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt02531079
IRS990/RentalIncomeOrLossGrp/RealAmt020720
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010627374
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt016116760
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04884905
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010194880
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt028007
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0190420
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0218427
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03114705
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08220025
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08220025
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03836
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08186
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt012022
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015026
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015026
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051279
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08604091
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. AS OF SEPTEMBER 30, 2014 MANAGEMENT HAS ANALYZED ITS TAX POSITIONS AND BELIEVES THAT ALL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. LEDA'S TAX RETURNS GENERALLY REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt03114705
IRS990ScheduleD/TotalLiabilityAmt051279
IRS990ScheduleD/TotalRevenuePerForm990Amt08604091
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08604091
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03114705
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt022700
IRS990ScheduleI/RecipientTable/CashGrantAmt17000
IRS990ScheduleI/RecipientTable/CashGrantAmt28400
IRS990ScheduleI/RecipientTable/CashGrantAmt315700
IRS990ScheduleI/RecipientTable/CashGrantAmt4108333
IRS990ScheduleI/RecipientTable/CashGrantAmt517700
IRS990ScheduleI/RecipientTable/CashGrantAmt640000
IRS990ScheduleI/RecipientTable/CashGrantAmt724283
IRS990ScheduleI/RecipientTable/CashGrantAmt85400
IRS990ScheduleI/RecipientTable/CashGrantAmt917800
IRS990ScheduleI/RecipientTable/CashGrantAmt1012900
IRS990ScheduleI/RecipientTable/CashGrantAmt1116800
IRS990ScheduleI/RecipientTable/CashGrantAmt1218000
IRS990ScheduleI/RecipientTable/CashGrantAmt135700
IRS990ScheduleI/RecipientTable/CashGrantAmt146400
IRS990ScheduleI/RecipientTable/CashGrantAmt1519600
IRS990ScheduleI/RecipientTable/CashGrantAmt1624100
IRS990ScheduleI/RecipientTable/CashGrantAmt1710500
IRS990ScheduleI/RecipientTable/CashGrantAmt1855000
IRS990ScheduleI/RecipientTable/CashGrantAmt19200000
IRS990ScheduleI/RecipientTable/CashGrantAmt205800
IRS990ScheduleI/RecipientTable/CashGrantAmt2117700
IRS990ScheduleI/RecipientTable/CashGrantAmt2218383
IRS990ScheduleI/RecipientTable/CashGrantAmt23100000
IRS990ScheduleI/RecipientTable/CashGrantAmt2448300
IRS990ScheduleI/RecipientTable/CashGrantAmt255100
IRS990ScheduleI/RecipientTable/IRCSectionDesc0N/A
IRS990ScheduleI/RecipientTable/IRCSectionDesc1N/A
IRS990ScheduleI/RecipientTable/IRCSectionDesc2N/A
IRS990ScheduleI/RecipientTable/IRCSectionDesc3N/A
IRS990ScheduleI/RecipientTable/IRCSectionDesc4N/A
IRS990ScheduleI/RecipientTable/IRCSectionDesc5N/A

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,421,724
Liabilities
$3,304,964
Net assets
$16,116,760
Revenue
$8,604,091
Expenses
$3,114,705
Net income
$5,489,386
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$56.3$58.7$2.48$16.8$12.7$4.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.6$68.2$6.62$12.7$6.10$6.63
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.1$39.4$13.2$10.2$46.6$36.4
2021Detailed filing. Detailed filing data is available for this year.$29.5$6.36$23.1$13.7$4.84$8.84
2020Detailed filing. Detailed filing data is available for this year.$25.7$11.3$14.3$7.56$7.38$0.19
2019Detailed filing. Detailed filing data is available for this year.$29.6$15.4$14.1$7.35$16.6$9.27
2018Detailed filing. Detailed filing data is available for this year.$26.4$3.02$23.4$6.52$7.26$0.73
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.0$2.85$24.1$6.23$4.08$2.15
2016Detailed filing. Detailed filing data is available for this year.$25.7$3.73$22.0$7.89$6.47$1.42
2015Detailed filing. Detailed filing data is available for this year.$25.2$4.61$20.6$8.20$4.86$3.34
2014Detailed filing. Detailed filing data is available for this year.$19.4$3.30$16.1$8.60$3.11$5.49
2013Summary only. Only limited summary data is available for this year.$14.2$3.61$10.6$9.39$3.78$5.61
2012Summary only. Only limited summary data is available for this year.$28.2$6.94$21.3$8.79$4.50$4.29
2011Summary only. Only limited summary data is available for this year.$24.2$7.27$17.0$7.49$3.19$4.30