Lil Precious Steps FY2020 filing

IRS exemption revoked

Lubbock, TXUnknown exempt organization EIN 20-2421023Revenue $294K in FY2020Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSLubbock, TX

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To provide a healthy and safe atmosphere for children to develop physically, intellectually, socially and emotionally.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-2421023) · Dispute this line
82¢ of each $1 spent went to programs.
$63K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
The IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $13K a year · 4% of revenue · last 3 filings
A surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
82%
of spending
82% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$63K
to officers and key staff · 19% of spending
Pay to officers and key staff is 19% of spending.
Part VII, Section A
1.0 mo
of spending, in cash
1.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$117K
296% of total assets
Liabilities are 296% of assets.
Pt X · Ln 26
Independent board members
5
of 7 voting members
5 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$294K
Spent
$332K
To programs
82%
Net assets
−$77K
By yearFY2020–FY2022
Revenue
$294K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$294K
FY2021$334K
FY2022$453K
Expenses
$332K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$332K
FY2021$294K
FY2022$416K
Net assets
−$77K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$77K
FY2021−$37K
FY2022$0

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

IRS revoked this organization's tax-exempt status on May 15, 2014
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing we have: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $273K Management & general 18% · $59K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $63K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Dir.
$63,035Pt VII · Sec A
Pres/Asst Dir
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lil Precious Steps executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Nurtures children's growth physically, intellectually, socially, and emotionally in a healthy, safe environment.

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1 program · $273K · in their own filed words · FY2020
01

Expenses incurred to provide a healthy safe atmosphere for children to develop physically, intellecutally, socially and emotionally.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-2421023) · Dispute this line
$273Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$294K
Ln 12
Gifts and grantsLn 1h$256K
Fees for servicesLn 2g$38K
Money outPt IX
$332K
Ln 25
Programscol B$273K
Managementcol C$59K
Owns and owesPt X
−$77K
net assets · Ln 32
Cash and savingsLn 1–2$27K
Total assetsLn 16$40K
LiabilitiesLn 26$117K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$256K
Fees for servicesLn 2g$38K
Gains on assetsLn 7$0
Total revenueLn 12$294K
Assets in detailPt X, end of year
CashLn 1$27K
Cash and savings togetherLn 1–2$27K
Notes and loans receivableLn 7$8K
Land, buildings, equipmentLn 10c$5K
Total assetsLn 16$40K
LiabilitiesLn 26$117K
Net assetsLn 32−$77K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$8K$27K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$7K$5K
Total assetsLn 16$38K$40K
LiabilitiesLn 26$77K$117K
Net assetsLn 32−$39K−$77K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$63K$32K$32K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$107K$107K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$3K$2K$334
Payroll taxesLn 10$17K$16K$842
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$23K$23K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$295$295
Office expensesLn 13$8K$6K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$19K$19K
TravelLn 17$1K$1K$99
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$13$13
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$74K$74K
All other expensesLn 24e$14K$12K$2K
Total functional expensesLn 25$332K$273K$59K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Nov 15, 2023 $453K$416K$37K$0 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $334K$294K$41K−$37K 990 PDF
FY2020 ViewingFiled with the IRS Nov 14, 2021 $294K$332K−$38K−$77K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $293,693 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $351,062$255,811
I-9 Program service revenuePrior year $38,425$37,882
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $389,487$293,693
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $312,608$189,504
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $85,803$142,673
I-18 Total expensesPrior year $398,411$332,177
I-19 Revenue less expensesPrior year −$8,924−$38,484
Part VI · Governance 5 of 7 board members independent, 5 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $293,693 across 9 lines filed
VIII-1f All other contributions, gifts and grants$255,811
VIII-1h Total contributions, gifts and grants$255,811
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $37,882$37,882
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $37,882$293,693
Part IX · Statement of functional expenses $332,177 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $31,517 · Management $31,518$63,035
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $106,834$106,834
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $2,452 · Management $334$2,786
IX-10 Payroll taxesPrograms $16,007 · Management $842$16,849
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $22,657$22,657
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $295$295
IX-13 Office expensesPrograms $5,936 · Management $1,979$7,915
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $19,239$19,239
IX-17 TravelPrograms $1,138 · Management $99$1,237
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $13$13
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,199$3,199
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $74,398$74,398
IX-24e All other expensesPrograms $12,077 · Management $1,643$13,720
IX-25 Total functional expensesPrograms $273,105 · Management $59,072 · Fundraising $0$332,177
Part X · Balance sheet $39,517 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $8,148$26,587
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key peopleStart of year $23,071$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$8,414
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $6,525$4,516
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $37,744$39,517
X-23 Secured mortgages and notes payableStart of year $1,234$3,844
X-25 Other liabilitiesStart of year $75,375$113,022
X-26 Total liabilitiesStart of year $76,609$116,866
X-27 Net assets without donor restrictionsStart of year −$38,865−$77,349
X-32 Total net assets or fund balancesStart of year −$38,865−$77,349
X-33 Total liabilities and net assetsStart of year $37,744$39,517
Part XI · Reconciliation of net assets −$77,349 net assets at year end
XI-1 Total revenue$293,693
XI-2 Total expenses$332,177
XI-3 Revenue less expenses−$38,484
XI-4 Net assets at start of year−$38,865
XI-10 Net assets at end of year−$77,349

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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