Lcc International Fund Inc
- Assets
- $1.5m
- Revenue
- $1.4m
- Investments
- $1.3m
- Employees
- 40
- Location
- Lancaster, PA
- Founding
- 07/2000
- Data as of
- 07/2023
- EIN
- 23-3015092
Organization Overview
Lcc International Fund Inc is located in Lancaster, PA. The organization was established in 2000. According to its NTEE Classification (V35) the organization is classified as: International Studies, under the broad grouping of Social Science and related organizations. As of 07/2023, Lcc International Fund Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lcc International Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Lcc International Fund Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.7m during the year ending 07/2023. While expenses have increased by 15.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LCC PROMOTES CHRISTIAN POST-SECONDARY EDUCATION IN LITHUANIA AND ELSEWHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FINANCIAL ASSISTANCE FOR OPERATIONS AND STAFF AT LCC INTERNATIONAL UNIVERSITY, A CHRISTIAN LIBERAL ARTS UNIVERSITY IN LITHUANIA, SERVING 761 STUDENTS FROM OVER 65 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chairman & Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman (part Year) | OfficerTrustee | 2 | $0 |
Name Not Listed Chairman (part Year) | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,135,434 |
| Noncash contributions included in lines 1a–1f | $35,870 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,135,434 |
| Total Program Service Revenue | $225,224 |
| Investment income | $45,062 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,594 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,439,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,381,860 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,898 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,337 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,638 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $640 |
| Fees for services: Other | $106,443 |
| Advertising and promotion | $4,262 |
| Office expenses | $34,278 |
| Information technology | $12,463 |
| Royalties | $0 |
| Occupancy | $1,375 |
| Travel | $88,944 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,953 |
| All other expenses | $0 |
| Total functional expenses | $1,700,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,401 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,496 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,347,077 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,527,974 |
| Accounts payable and accrued expenses | $20,965 |
| Grants payable | $0 |
| Deferred revenue | $1,800 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,984 |
| Total liabilities | $31,749 |
| Net assets without donor restrictions | -$501,675 |
| Net assets with donor restrictions | $1,997,900 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,527,974 |