Lbc Community Center Inc
- Assets
- $64.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/2005
- Data as of
- 12/2022
- 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 12/2022, Lbc Community Center Inc generated $56.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $56.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 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
2022
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 |
|---|---|---|---|
Donald R Parrott Operating Director | 56 | $0 | |
Renee Guerrieri Secretary Treasurer & Director | 14 | $0 | |
David Vogel Vice President & Director | 2 | $0 | |
Edie Leeds President & Director | 2 | $0 | |
Annette Griffey Director | 1 | $0 | |
Sandra Parrott Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,712 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,471 |
| Other Revenue | $0 |
| Total Revenue | $56,183 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,755 |
| Professional fees and other payments to independent contractors | $975 |
| Occupancy, rent, utilities, and maintenance | $38,372 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,972 |
| Total expenses | $56,074 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,008 |
| Other assets | $0 |
| Total assets | $63,969 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,969 |