Lbc Community Center Inc
- Assets
- $63.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/2005
- Data as of
- 12/2021
- EIN
- 56-2482415
Organization Overview
Lbc Community Center Inc is located in Indianapolis, IN. The organization was established in 2005. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lbc Community Center 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, Lbc Community Center Inc generated $52.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $64.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MAINTAINS COMMUNITY CENTER AND ADMINISTRATIVE EXPENSES FOR OUTREACH ACTIVITIES TO THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Vogel Director - Vice-Presidemt | 2 | $0 | |
Edie Leeds President - Director | 25 | $0 | |
Donald R Parrott Operating Director | 40 | $0 | |
Renee Guerrieri Secretary Treasurer & Director | 10 | $0 | |
Annette Griffey Director | 1 | $0 | |
Sandra Parrott Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,984 |
| Total Program Service Revenue | $182 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,262 |
| Other Revenue | $5,990 |
| Total Revenue | $52,418 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,423 |
| Professional fees and other payments to independent contractors | $810 |
| Occupancy, rent, utilities, and maintenance | $52,305 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,083 |
| Total expenses | $64,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,827 |
| Other assets | $0 |
| Total assets | $63,860 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,860 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lbc Community Center Inc has recieved totaling $34.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Inc Of Rock And Walworth Counties Beloit, WI | $10,640,793 | $9,364,558 |
Health Care Coalition Of Lafayette County Lexington, MO | $6,605,075 | $10,749,967 |
Southwest Organizing Project Chicago, IL | $8,393,250 | $8,859,182 |
Better Family Life Inc Saint Louis, MO | $13,300,452 | $8,576,793 |
Impact Seven Incorporated Rice Lake, WI | $149,638,063 | $17,926,158 |
North Central Community Action Program Inc wisconsin rapids, WI | $2,366,497 | $7,790,312 |
Cortex St Louis, MO | $86,543,841 | $5,279,863 |
Chicago Community Loan Fund Chicago, IL | $136,728,558 | $16,943,178 |
Community Action Of Southern Indiana Inc Jeffersonville, IN | $1,581,999 | $6,952,233 |
Community Partnership Of The Ozark Inc Springfield, MO | $5,862,422 | $7,229,024 |
Mission St Louis St Louis, MO | $2,979,826 | $6,823,271 |
Greater West Town Community Development Project Chicago, IL | $12,029,002 | $6,176,097 |