philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Lids Foundation INC FY2020 filing

Tax-deductible

Indianapolis, IN501(c)(3)Human ServicesEIN 45-2603096

This page gets seen. Tell your story. Claim this org.

The Lids Foundation provides support directly to local communities and to the charitable organizations that serve them to enable community members of all ages to live more active, healthy, and productive lives.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $183K a year · 20% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$33K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$258K
Spent
$450K
To programs
85%
Net assets
$468K
By yearFY2020–FY2024
Revenue
$258K
FY2020
Revenue by fiscal year
FY2020$258K
FY2021$793K
FY2022$1.2M
FY2023$1.1M
FY2024$1.2M
Expenses
$450K
FY2020
Expenses by fiscal year
FY2020$450K
FY2021$392K
FY2022$467K
FY2023$1.0M
FY2024$1.3M
Net assets
$468K
FY2020
Net assets by fiscal year
FY2020$468K
FY2021$869K
FY2022$1.5M
FY2023$1.7M
FY2024$1.6M

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

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2012.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $381K Management & general 14% · $63K Fundraising 1% · $5K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Thomas Ripley
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Alan Noskow
Secretary
$0Pt VII · Sec A
William Carr
Controller/Finance Manager
$0Pt VII · Sec A
See Lids Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Programs and updates

Empowers communities with resources for active, healthy, and productive lives for all ages.

Provided by the organization

This section is blank until Lids Foundation INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $381K of program spending, described in the organization's own filed words · FY2020.
01

The foundation awarded grants to 15 grantees including ST. Albans school, central indiana police foundation, autism speaks inc, the harbour school foundation, hope for henry foundation, and sibley memorial foundation.

$381Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 57 grants · $2.3M · 2020–2024
Our Military Kids INCVA · FY2024$175,000
Covenant HouseNY · FY2024$116,000
Every Kid SportsOR · FY2024$100,000
Seas of Trees INCCO · FY2024$75,000
Jumpstart for Young Children INCMA · FY2024$75,000
Whaler Nation INCVA · FY2024$62,992
Kaboom INCMD · FY2024$62,500
Good Sports INCMA · FY2024$50,000
Make- A- Wish Foundation of AmericaAZ · FY2024$30,436
Asiel Foundation INCPA · FY2024$25,000
Opportunity Enterprises INCIN · FY2024$20,000
Ada Booster ClubFY2024$20,000
Boys & Girls Clubs of Oklahoma County INCOK · FY2024$16,500
Sibley Memorial Hospital FoundationDC · FY2024$15,500
Lift INCDC · FY2024$15,300
Riley Children's HospitalFY2024$10,000
Fellowship of Christian AthletesMO · FY2024$10,000
Independent Grounds Coffee HouseSC · FY2024$10,000
See all 57 grants →

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$258K
Ln 12
Gifts and grantsLn 1h$258K
Money outPt IX
$450K
Ln 25
Programscol B$381K
Managementcol C$63K
Fundraisingcol D$5K
Owns and owesPt X
$468K
net assets · Ln 32
Cash and savingsLn 1–2$425K
Total assetsLn 16$501K
LiabilitiesLn 26$33K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$258K
Total revenueLn 12$258K
Assets in detailPt X, end of year
CashLn 1$425K
Cash and savings togetherLn 1–2$425K
Total assetsLn 16$501K
LiabilitiesLn 26$33K
Net assetsLn 32$468K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$616K$425K
Total assetsLn 16$677K$501K
LiabilitiesLn 26$17K$33K
Net assetsLn 32$660K$468K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$381K$381K
Accounting feesLn 11c$29K$29K
Office expensesLn 13$6K$6K
Other expenses (24a–d)Ln 24$33K$28K$5K
Total functional expensesLn 25$450K$381K$63K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.3M−$126K$1.6M 990 PDF
FY2023 $1.1M$1.0M$94K$1.7M 990 PDF
FY2022 $1.2M$467K$736K$1.5M 990 PDF
FY2021 $793K$392K$401K$869K 990 PDF
FY2020 Viewing $258K$450K−$192K$468K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $257,677 across 3 lines filed
VIII-1f All other contributions, gifts and grants$257,677
VIII-1h Total contributions, gifts and grants$257,677
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$257,677
Part IX · Statement of functional expenses $449,847 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $380,939$380,939
IX-11c Accounting feesManagement $29,399$29,399
IX-13 Office expensesManagement $6,449$6,449
IX-24 Other expenses (24a–d)Management $27,635 · Fundraising $5,425$33,060
IX-25 Total functional expensesPrograms $380,939 · Management $63,483 · Fundraising $5,425$449,847
Part X · Balance sheet $501,174 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $616,437$425,145
X-4 Accounts receivableStart of year $60,919$76,029
X-16 Total assetsStart of year $677,356$501,174
X-17 Accounts payable and accrued expensesStart of year $7,486$5,974
X-18 Grants payableStart of year $10,000$27,500
X-26 Total liabilitiesStart of year $17,486$33,474
X-27 Net assets without donor restrictionsStart of year $659,870$467,700
X-32 Total net assets or fund balancesStart of year $659,870$467,700
X-33 Total liabilities and net assetsStart of year $677,356$501,174
Part XI · Reconciliation of net assets $467,700 net assets at year end
XI-1 Total revenue$257,677
XI-2 Total expenses$449,847
XI-3 Revenue less expenses−$192,170
XI-4 Net assets at start of year$659,870
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$467,700

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.