Lo Society Branch Of North Carolina Inc
- Assets
- $15.0k
- Revenue
- $4.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Hickory, NC
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 56-2054997
Organization Overview
Lo Society Branch Of North Carolina Inc is located in Hickory, NC. The organization was established in 1998. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lo Society Branch Of North Carolina 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, Lo Society Branch Of North Carolina Inc generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.8%) each year. All expenses for the organization totaled $4.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH EDUCATION AND TRAINING PROGRAM
CULTURAL DEVELOPMENT AND FAMILY VALUE
GENERAL PUBLIC SERVICE SUCH AS TRANSLATION SEEK JOB FOR COMMUNITY EDUCATION AND CULTURAL TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vaying Lo President | 2 | $0 | |
Duu Lor Vicepresident | 2 | $0 | |
Sia Lee Treasurer | 0.5 | $0 | |
Mong Lor Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,489 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,489 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $3,424 |
| Travel, conferences, and meetings | $382 |
| Printing and publications | $253 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,059 |
| Contributions, gifts, grants paid | $800 |
| Total expenses and disbursements | $4,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,997 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,997 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lo Society Branch Of North Carolina Inc has awarded $800 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PAO LOR PURPOSE: FUNERAL DONATION | $200 |
TOU YAO LO PURPOSE: FUNERAL DONATION | $200 |
NENG LOR PURPOSE: FUNERAL DONATION | $200 |
WAKHUE LO PURPOSE: FUNERAL DONATION | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tlc Operations Inc Raleigh, NC | $1,673,295 | $10,446,064 |
Catholic Charities Of The Diocese Of Memphis Inc Memphis, TN | $2,024,003 | $6,994,059 |
Northwest Tennessee Human Resource Agency Martin, TN | $9,574,650 | $6,316,395 |
Creative Community Services Inc Norcross, GA | $1,958,708 | $6,893,740 |
Friends Of Disabled Adults And Children Too Inc Stone Mountain, GA | $3,731,936 | $6,098,099 |
Georgia Association Of Rehabilitation Facilities Inc Lagrange, GA | $1,097,693 | $5,464,524 |
Macon Citizens For The Handicapped Inc Franklin, NC | $1,902,806 | $5,525,896 |
Nobis Enterprises Inc Marietta, GA | $469,371 | $4,327,548 |
The Enola Group Inc Morganton, NC | $1,616,745 | $4,358,860 |
Bamberg County Disabilities & Special Needs Board-Fiscal Agent Denmark, SC | $5,592,830 | $4,702,353 |
Place Of Forsyth County Inc Cumming, GA | $6,560,037 | $5,887,236 |
The Frazer Center Inc Atlanta, GA | $6,252,051 | $4,735,258 |