Louisiana Independent College Foundation Inc
- Assets
- $1.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 04/1957
- Data as of
- 06/2022
- EIN
- 72-6028332
Organization Overview
Louisiana Independent College Foundation Inc is located in Baton Rouge, LA. The organization was established in 1957. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, 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. Louisiana Independent College 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 06/2022, Louisiana Independent College Foundation Inc generated $28.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $29.0k during the year ending 06/2022. While expenses have increased by 4.4% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DISTRIBUTED FUNDS FROM UPS SCHOLARSHIP TO EACH SUPPORTED INSTITUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Kimbrough Director | 0.5 | $0 | |
Rick Brewer Vice Chair | 0.5 | $0 | |
Tina Holland Past Chair | 0.5 | $0 | |
C Reynold Verret Director | 0.5 | $0 | |
Michael Fitts Chairperson | 0.5 | $0 | |
Gregory Boquet Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,800 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,800 |
| Total expenses | $29,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,898 |
| Other assets | $0 |
| Total assets | $1,898 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,898 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisiana Independent College Foundation Inc has recieved totaling $27,000.
| Awarding Organization | Amount |
|---|---|
Council Of Independent Colleges Washington, DC PURPOSE: UPS SCHOLARSHIPS | $27,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Chiropractic College Foundation Inc Pasadena, TX | $18,672,990 | $10,273,582 |
Jackson State University Development Foundation Inc Jackson, MS | $53,182,695 | $14,096,269 |
Arlington Baptist University Arlington, TX | $4,468,756 | $4,620,843 |
Nicholls State University Foundation Thibodaux, LA | $33,788,301 | $4,331,361 |
Patty Hanks Shelton School Of Nursing Abilene, TX | $3,428,056 | $2,472,200 |
Sarah Harris Johnson-Whitman College Fund Dallas, TX | $9,871,927 | $2,100,142 |
Hendrix-Murphy Foundation Inc Conway, AR | $41,397,772 | $2,411,172 |
Weatherford College Foundation Inc Weatherford, TX | $12,734,437 | $3,014,455 |
Lamar Institute Of Technology Foundation Beaumont, TX | $7,520,995 | $860,968 |
Central Texas College Foundation Killeen, TX | $14,602,873 | $527,269 |
Applied Life Ministries Inc Hot Springs, AR | $534,163 | $560,416 |
Elsie Frueh & Anges Beck Memorial Fund San Antonio, TX | $6,551,385 | $637,789 |