Lll Resources Inc

Organization Overview

Lll Resources Inc is located in Midland, TX. The organization was established in 2019. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lll Resources 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 12/2022, Lll Resources Inc generated $522.1k 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 (11.2%) each year. All expenses for the organization totaled $490.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FACILITIES FOR ORGANIZATIONS THAT ARE DEDICATED TO IDENTIFYING, EQUIPPING AND RESTORING VICTIMS OF HUMAN TRAFFICKING AND PROVIDE TRAINING FACILITIES FOR CHRISTIAN ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LLL RESOURCES WAS ESTABLISHED TO DIVIDE AND DEVELOP A TRACT OF LAND IN MIDLAND COUNTY.LLL RESOURCES LEASED A PARCEL OF LAND TO ANOTHER NON-PROFIT ORGANIZATION. LLL RESOURCES MOSTLY HAS ROYALTY AS INCOME AND USES THAT REVENUE TO MAINTAIN PROPERTY AND SUPPORTS USE OF SAID PROPERTY FOR CHRISTIAN EDUCATION. LLL RESOURCES IS IN THE PROCESS OF BUILDING A WEBSITE. THIS IS A RESEARCH RESOURCE OF THE BIBLE FOR PUBLIC USE.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Young
Chairman
$0
Janet Clark
Board Member
$0
Holly Boland
Secretary
$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$1,217
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,217
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $520,932
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $522,149

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