Lcs Foundation FY2019 filing

EIN 81-3296012 Public charity (501(c)(3)) Des Moines, IA NTEE P80
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Revenue & expenses by yearFY2019–FY2024
Revenue
$634K
FY2019
Expenses
$629K
FY2019

Form 990 for the fiscal year ending December 2019 (IRS tax year 2019).


Provides training for senior care professionals and supports Alzheimer's research and affected employees. For fiscal year 2019 it reported $634K in revenue, $629K in expenses, and $35K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Des Moines, IA
Website
lcsnet.com/serving-others/lcs-foundation
Filings
6 on file (2019–2019)
Revenue
$634KFY2019
Expenses
$629K
Net assets
$35K
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2024) →
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Provided by the organization

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Size
$100K–1M
What they do
Provides training for senior care professionals and supports Alzheimer's research and affected employees.
Money in and out
$634K revenue, $629K expenses
Bottom line
+0.8% surplus margin

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Foundation funders?

good 1 funder — Greater Horizons

$10K in the latest grant year. Details →

Spent on programs?

good 94% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

Details →

Where the money goes · FY2019
Total revenue
$634K
Pt VIII · Ln 12
Total expenses
$629K
Pt IX · Ln 25
Net assets
$35K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.02 Fundraising $0.04
Surplus margin
+0.8%
revenue over expenses, this year
Donor-funded
98%
of revenue is gifts & grants

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Summary of the Filing

Part I · fiscal year 2019 · Form 990
Total assets
$35K
FY2019
Total liabilities
$0
FY2019
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$35K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CLcs Foundation
EINHdr · item D81-3296012
Principal addressHdr · item CDes Moines, IA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80)
Ruling yearIRS BMFApr 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Lcs Foundation executive salaries →

Statement of Revenue

Part VIII
Contributions & grants$621K · 98%
Other revenue$13K · 2%
Contributions & grants98%$621K
Other revenue2%$13K
Total revenueLn 12$634K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.02 Fundraising $0.04
Program services94%$592K
Management & general2%$10K
Fundraising4%$27K
Total functional expensesLn 25$629K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$35K
Total liabilitiesLn 26$0
Total net assetsLn 32$35K

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $629K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services — · Total expenses $629K
—
Management & General
Management & general — · Total expenses $629K
—
Fundraising
Fundraising — · Total expenses $629K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $621K · Total revenue $634K
98%
Government reliance
Government grants — · Total revenue $634K
—
Earned-income share
Program service revenue — · Total revenue $634K
—
Investment reliance
Investment income — · Total revenue $634K
—
Program self-sufficiency
Program service revenue — · Total expenses $629K
—
Growth & trend
Revenue growth (YoY)
This year $634K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $35K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $634K · Expenses $629K
+0.8%
Liabilities-to-Assets
Total liabilities — · Total assets $35K
—
Net-asset ratio
Net assets $35K · Total assets $35K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $35K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $629K
No individual compensation reported on this filing
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $629K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%——
Overhead ratio 2%——
Fundraising cost ratio 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 28 grants · $2.9M · 2020–2024
Unitemized GrantFY2024$243,408
National Alzheimer's AssocationFY2024$75,000
University of Wisconsin at Eau ClaireFY2024$53,750
Simpson CollegeIA · FY2024$10,000
Washington State UniversityWA · FY2024$5,250
National Alzheimer's AssocationFY2023$132,500
Unitemized GrantFY2023$80,517
University of Wisconsin at Eau ClaireFY2023$49,403
Simpson CollegeIA · FY2023$15,000
Unitemized GrantFY2022$646,076
National Alzheimers AssociationFY2022$135,000
University of WI at Eau Clare FoundFY2022$47,610
Simpson CollegeIA · FY2022$15,000
Leading AgeDC · FY2022$7,500
See all 28 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$457K revenue · ⤓ 990 PDF
FY2023$340K revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$932K revenue · ⤓ 990 PDF
FY2019$634K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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