Lyc Foundation Inc
- Assets
- $100.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lahaina, HI
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 45-2544812
Organization Overview
Lyc Foundation Inc is located in Lahaina, HI. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyc Foundation 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 12/2021, Lyc Foundation Inc generated $125.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $126.5k during the year ending 12/2021. While expenses have increased by 26.1% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Blundell Director | 1 | $0 | |
Daniel O'hanlon Treasurer | 4 | $0 | |
David Atkinson Vice President, Secretary | 1 | $0 | |
Curis Robb Director | 1 | $0 | |
Mike Atkinson Director | 1 | $0 | |
Nancy Goode President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,605 |
| Total Program Service Revenue | $52,435 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,179 |
| Other Revenue | $0 |
| Total Revenue | $125,240 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,022 |
| Occupancy, rent, utilities, and maintenance | $96,106 |
| Printing, publications, postage, and shipping | $438 |
| Other expenses | $23,473 |
| Total expenses | $126,539 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,962 |
| Other assets | $0 |
| Total assets | $100,572 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,572 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lyc Foundation Inc has recieved totaling $30.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |
Uc Hastings Foundation San Francisco, CA | $2,612,244 | $11,589,695 |
La Promise Fund Los Angeles, CA | $8,970,074 | $12,859,195 |
Society Of Hispanic Professional Engineers City Of Industry, CA | $8,652,087 | $11,894,639 |
Oakland Promise Oakland, CA | $69,217,814 | $17,084,213 |
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |