Civic Intelligence

Laredo College Education Foundation

990 • Fiscal year 2020 • EIN 94-3421360

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

Organization Profilewww.laredo.edu/lc-educational-foundation/about.html
West End Washington StreetLaredo, TX 78041

(956) 721-5812

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

94th percentile

65%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

94th percentile

124%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

400%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,309,468

Up $726,083 (+124%) from 2019

Net Assets

Up

$1,309,468

Up $726,083 (+124%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin94th percentile

Revenue

Up

$1,115,106

Up $891,987 (+400%) from 2019

Expenses

Up

$387,092

Up $361,644 (+1421%) from 2019

Net Income

Up

$728,014

Up $530,343 (+268%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $502,796Liabilities 2010: $0Net Assets 2010: $502,7962010Assets 2011: $406,856Liabilities 2011: $0Net Assets 2011: $406,8562011Assets 2012: $389,060Liabilities 2012: $0Net Assets 2012: $389,0602012Assets 2013: $599,348Liabilities 2013: $0Net Assets 2013: $599,3482013Assets 2015: $729,488Liabilities 2015: $0Net Assets 2015: $729,4882015Assets 2016: $759,313Liabilities 2016: $0Net Assets 2016: $759,3132016Assets 2017: $784,059Liabilities 2017: $0Net Assets 2017: $784,0592017Assets 2018: $382,740Liabilities 2018: $0Net Assets 2018: $382,7402018Assets 2019: $583,385Liabilities 2019: $0Net Assets 2019: $583,3852019Assets 2020: $1,309,468Liabilities 2020: $0Net Assets 2020: $1,309,4682020Assets 2021: $1,390,522Liabilities 2021: $0Net Assets 2021: $1,390,5222021Assets 2022: $1,428,818Liabilities 2022: $0Net Assets 2022: $1,428,8182022Assets 2023: $412,515Liabilities 2023: $0Net Assets 2023: $412,5152023Assets 2024: $327,800Liabilities 2024: $0Net Assets 2024: $327,8002024

Highlighted filing

2020

Assets$1,309,468
Liabilities$0
Net Assets$1,309,468
Open 2020 Filing

Operations Trend

Revenue Growth98th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $234,3672010Expenses 2011: $522,5022011Expenses 2012: $377,0872012Revenue 2013: $362,739Expenses 2013: $155,644Net Income 2013: $207,0952013Revenue 2015: $214,306Expenses 2015: $164,161Net Income 2015: $50,1452015Revenue 2016: $308,048Expenses 2016: $283,402Net Income 2016: $24,6462016Revenue 2017: $215,444Expenses 2017: $190,321Net Income 2017: $25,1232017Revenue 2018: $23,553Expenses 2018: $482,654Net Income 2018: -$459,1012018Revenue 2019: $223,119Expenses 2019: $25,448Net Income 2019: $197,6712019Revenue 2020: $1,115,106Expenses 2020: $387,092Net Income 2020: $728,0142020Revenue 2021: $231,803Expenses 2021: $152,447Net Income 2021: $79,3562021Revenue 2022: $389,097Expenses 2022: $351,957Net Income 2022: $37,1402022Revenue 2023: $361,139Expenses 2023: $1,380,378Net Income 2023: -$1,019,2392023Revenue 2024: $423,570Expenses 2024: $511,245Net Income 2024: -$87,6752024

Highlighted filing

2020

Revenue$1,115,106
Expenses$387,092
Net Income$728,014
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2021
Return Version
2020v4.0
Gross Receipts
$1,115,106
Mission and Program Overview

Mission

To support and promote for the use and benefit of laredo college and literary, scientific, education or cultural undertakings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$568,612$1,296,626▲ $728,014
Investments in Publicly Traded Securities$14,773$12,842▼ $1,931
Total Assets$583,385$1,309,468▲ $726,083
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$490,911$1,216,994▲ $726,083
Net Assets Without Donor Restrictions$92,474$92,474→ $0
Total Net Assets Fund Balance$583,385$1,309,468▲ $726,083
Total Liabilities and Net Assets / Fund Balance$583,385$1,309,468▲ $726,083

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$65,532-▲ $5,179-$70,711
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Millie B SlaughterPresident
Antoinette VelaTrustee
Eduardo GonzalezTrustee
Edward C SherwoodTrustee
John R CampbellTrustee
Juanita LiraTrustee
Yu-hsien Huang DelrioTrustee
Kenneth SchmiesSecretary
Guillermo Cavazos JrTreasurer
Susana Melendez-valenciaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,108,124
Program Service Revenue
$0
Investment Income
$6,982
Other Revenue
$0
All Other Contributions
$1,108,124
Change in Net Assets
$728,014
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$387,092
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
Payments to Affiliates$364,730--$364,730
Fees for Services Other$1,444$20,918-$22,362
Total Functional Expenses$366,174$20,918$0$387,092
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
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 and prepared financial statements are presented to the full board at one of its quarterly meetings.”

Form 990, Page 6, Part VI, Line 19

“NEWSPAPER NOTICE”

Filing and Contact Details

Filer

Filer Name
Lcc Education Foundation
EIN
94-3421360
Phone
9567215812
Address
WEST END WASHINGTON STREET, LAREDO, TX 78041
Doing Business As
Laredo College Education Foundation

Signing Officer

Name
Millie B Slaughter
Title
President
Phone
9567215812
Signed
2021-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Millie B Slaughter
Formed
2001
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Gonzalez & Costilla Cpas Pc
Address
602 E CALTON RD STE 4, LAREDO, TX 78041
Preparer
Mario Gonzalez Jr CPA
Phone
9567120303
Supplemental Narrative

Additional Explanations

Form 990, Part III

“Schedule o - additional information - program services laredo community college 366,174”

Form 990, Page 2, Part III, Line 4D

“To assist the students of laredo college by providing fellowships and scholarships for worthy, needy and deserving students; to provide the means for improvement in instruction and equipment available to the students; and to finance those things necessary or appropriate to building an educational institution of excellence.”

Form 990, Part XI, Line 9

“Decrease in value of stock -1,931”

Raw XML Appendix319 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO SUPPORT AND PROMOTE FOR THE USE AND BENEFIT OF LAREDO COLLEGE AND LITERARY, SCIENTIFIC, EDUCATION OR CULTURAL UNDERTAKINGS.
IRS990/AllOtherContributionsAmt01108124
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/PersonNm0ANGELITA NUEZ-GOMEZ
IRS990/BooksInCareOfDetail/PhoneNum09567645746
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0WEST END WASHINGTON ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAREDO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078040
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01108124
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06982
IRS990/CYOtherExpensesAmt0387092
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0728014
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0387092
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01115106
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SEE OTHER PROGRAM SERVICE EXPENSES AS DESCRIBED IN SCHEDULE 0.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0LAREDO COLLEGE EDUCATION FOUNDATION
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0490911
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01216994
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt020918
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01444
IRS990/FeesForServicesOtherGrp/TotalAmt022362
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0YU-HSIEN HUANG DELRIO
IRS990/Form990PartVIISectionAGrp/PersonNm1EDWARD C SHERWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm2ANTOINETTE VELA
IRS990/Form990PartVIISectionAGrp/PersonNm3MILLIE B SLAUGHTER
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN R CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm5EDUARDO GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm6SUSANA MELENDEZ-VALENCIA
IRS990/Form990PartVIISectionAGrp/PersonNm7KENNETH SCHMIES
IRS990/Form990PartVIISectionAGrp/PersonNm8GUILLERMO CAVAZOS JR
IRS990/Form990PartVIISectionAGrp/PersonNm9JUANITA LIRA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01115106
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt06982
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06982
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014773
IRS990/InvestmentsPubTradedSecGrp/EOYAmt012842
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SUPPORT AND PROMOTE FOR THE USE AND BENEFIT OF LAREDO COLLEGE AND LITERARY, SCIENTIFIC, EDUCATION OR CULTURAL UNDERTAKINGS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0583385
IRS990/NetAssetsOrFundBalancesEOYAmt01309468
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt092474
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt092474
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt013124
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-1931
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0364730
IRS990/PaymentsToAffiliatesGrp/TotalAmt0364730
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MILLIE B SLAUGHTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO ASSIST THE STUDENTS OF LAREDO COLLEGE BY PROVIDING FELLOWSHIPS AND SCHOLARSHIPS FOR WORTHY, NEEDY AND DESERVING STUDENTS; TO PROVIDE THE MEANS FOR IMPROVEMENT IN INSTRUCTION AND EQUIPMENT AVAILABLE TO THE STUDENTS; AND TO FINANCE THOSE THINGS NECESSARY OR APPROPRIATE TO BUILDING AN EDUCATIONAL INSTITUTION OF EXCELLENCE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0366174
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0222595
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0524
IRS990/PYOtherExpensesAmt025448
IRS990/PYRevenuesLessExpensesAmt0197671
IRS990/PYTotalExpensesAmt025448
IRS990/PYTotalRevenueAmt0223119
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0728014
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0568612
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01296626
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01108124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0222595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0212305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0306055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01870089
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06982
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0524
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02543
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03139
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01993
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015181
IRS990ScheduleA/PublicSupportCY170Pct00.99190
IRS990ScheduleA/PublicSupportPY170Pct00.98970
IRS990ScheduleA/PublicSupportTotal170Amt01870089
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01108124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0222595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0212305
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0306055
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01870089
IRS990ScheduleA/TotalSupportAmt01885270
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt065532
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt070711
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05179
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHEDULE O - ADDITIONAL INFORMATION - PROGRAM SERVICES LAREDO COMMUNITY COLLEGE 366,174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ASSIST THE STUDENTS OF LAREDO COLLEGE BY PROVIDING FELLOWSHIPS AND SCHOLARSHIPS FOR WORTHY, NEEDY AND DESERVING STUDENTS; TO PROVIDE THE MEANS FOR IMPROVEMENT IN INSTRUCTION AND EQUIPMENT AVAILABLE TO THE STUDENTS; AND TO FINANCE THOSE THINGS NECESSARY OR APPROPRIATE TO BUILDING AN EDUCATIONAL INSTITUTION OF EXCELLENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 AND PREPARED FINANCIAL STATEMENTS ARE PRESENTED TO THE FULL BOARD AT ONE OF ITS QUARTERLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NEWSPAPER NOTICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DECREASE IN VALUE OF STOCK -1,931
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0583385
IRS990/TotalAssetsEOYAmt01309468
IRS990/TotalAssetsGrp/BOYAmt0583385
IRS990/TotalAssetsGrp/EOYAmt01309468
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01108124
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020918
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366174
IRS990/TotalFunctionalExpensesGrp/TotalAmt0387092
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0583385
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01309468
IRS990/TotalOtherProgSrvcExpenseAmt0366174
IRS990/TotalProgramServiceExpensesAmt0366174
IRS990/TotalRevenueGrp/ExclusionAmt06982
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01115106
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0583385
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01309468
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MILLIE B SLAUGHTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09567215812
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LCC EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LCCE
ReturnHeader/Filer/EIN0943421360
ReturnHeader/Filer/PhoneNum09567215812
ReturnHeader/Filer/USAddress/AddressLine1Txt0WEST END WASHINGTON STREET
ReturnHeader/Filer/USAddress/CityNm0LAREDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078041
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462594885
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GONZALEZ & COSTILLA CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0602 E CALTON RD STE 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAREDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078041
ReturnHeader/PreparerPersonGrp/PhoneNum09567120303
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARIO GONZALEZ JR CPA
ReturnHeader/ReturnTs02021-11-15T17:26:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MILLICENT B
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SLAUGHTER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,309,468
Liabilities
$0
Net assets
$1,309,468
Revenue
$1,115,106
Expenses
$387,092
Net income
$728,014
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.42$0.51$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.36$1.38$1.02
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.39$0.35$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.23$0.15$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$1.12$0.39$0.73
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.22$0.03$0.20
2018Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.02$0.48$0.46
2017Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$0.22$0.19$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.31$0.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.21$0.16$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.36$0.16$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.00$0.39$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.23