Jack Lipp Project Ltd
- Assets
- $144.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Libertyville, IL
- Founding
- 11/2015
- Data as of
- 12/2017
- EIN
- 47-5568560
Organization Overview
Jack Lipp Project Ltd is located in Libertyville, IL. The organization was established in 2015. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jack Lipp Project Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
MONEY RAISED THROUGH THE FOUNDATION IS DISTRIBUTED IN THE FORM OF A COLLEGE SCHOLARSHIP AWARDED TO A LIBERTYVILLE, IL. HIGH SCHOOL SENIOR INVOLVED IN THE SPORT OF GOLF OR BASKETBALL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Lipp President/director | 8 | $0 | |
John Lipp Vice President/director | 4 | $0 | |
David Lipp Secretarry/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,863 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,016 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,178 |
| Other Revenue | $0 |
| Total Revenue | $107,701 |
| 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 | $742 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15 |
| Total expenses | $6,257 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,817 |
| Other assets | $0 |
| Total assets | $144,817 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,817 |