Lagbac Foundation in Chicago, Illinois (IL)
Table of contents:
| Lagbac Foundation | |
| Employer Identification Number (EIN) | 201856635 |
| Name of Organization | Lagbac Foundation |
| In Care of Name | Nick Furtwengler |
| Address | Po Box 64994, Chicago, IL 60664-0933 |
| Subsection | Charitable Organization |
| Ruling Date | 10/2014 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2014 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $41,341 |
| Amount of Income | $90,574 |
| Form 990 Revenue Amount | $56,826 |
| National Taxonomy of Exempt Entities (NTEE) | Civil Rights, Social Action, Advocacy: Lesbian, Gay Rights |
Non-representatives - add comments:
Amount of income in 2014: $90,574 (it was $56,826 in 2012)
| Lagbac Foundation: | $90,574 |
| Other organizations performing similar types of work: | $82,486 |
Assets in 2014: $41,341 (it was $41,341 in 2012)
| Lagbac Foundation: | $41,341 |
| Other organizations performing similar types of work: | $27,855 |
Expenses in 2012: $20,056
| This organization: | $20,056 |
| Other organizations performing similar types of work: | $96,135 |
Income to expenses ratio in 2012: 4.5
| This organization: | 4.5 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2012: 5.3%
| This organization: | 5.3% |
| Other organizations performing similar types of work: | 86.1% |
Revenue for 2012
| Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012) | |
| Total revenue | $56,826 |
| Contributions, gifts, grants, and similar amounts received | $3,022 |
| Program service revenue including government fees and contracts | $0 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain from sale of assets other than inventory | $0 |
| Net income from gaming and fundraising events | $53,803 |
| Gross income from gaming | $0 |
| Gross income from fundraising events | $87,552 |
| Less: direct expenses from gaming and fundraising events | $33,748 |
| Gross profit from sales of inventory | $0 |
| Other revenue | $0 |
| Other | $1 |
| Total expenses | $20,056 |
| Total net assets | $41,341 |
| Excess for the year | $36,769 |
| Net assets or fund balances at beginning of year | $4,572 |
| Other changes in net assets or fund balances | $0 |
| Balance Sheets (for 2012) | |
| Total assets | $41,341 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,341 |
| Other Information (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $124,535 |
| Gifts, grants, contributions, and membership fees received | $124,535 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Transgender Law Center, Masen Davis | 1629 Telegraph Ave Ste 400, Oakland, CA 94612-2114 | CA | 2005-02 | $1,680,201 |
| 2 | One Colorado Education Fund | 1490 N Lafayette St Ste 304, Denver, CO 80218-2393 | CO | 2010-03 | $889,085 |
| 3 | True Colors Fund Inc | 630 Ninth Avenue Suite 409, New York, NY 10036 | NY | 2012-07 | $874,467 |
| 4 | Transgender Health Empowerment, Gilman And Edwards Llc | 1414 N Capitol St Nw Ste 1, Washington, DC 20002-3342 | DC | 2003-04 | $807,547 |
| 5 | Texas Freedom Network Education Fund | PO BOX 1624, Austin, TX 78767-1624 | TX | 1996-08 | $697,924 |
| 6 | Transgender Legal Defense And Education Fund Inc | 20 W 20th St Ste 705, New York, NY 10011-9255 | NY | 2003-12 | $536,046 |
| 7 | Americans For Truth About Homosexuality | 1217 Bainbridge Dr, Naperville, IL 60563-2066 | IL | 2012-09 | $110,000 |
| 8 | Lagbac Foundation | Po Box 64994, Chicago, IL 60664-0933 | IL | 2014-10 | $90,574 |
| 9 | Amigas Latinas Association | 2329 N Milwaukee, Chicago, IL 60647 | IL | 2003-05 | $32,049 |
| 10 | Central Illinois Alliance For Diversity & Equality Inc | 4408 N Rockwood Rd Suite 219, Peoria, IL 61615 | IL | 2009-10 | $0 |
| 11 | Gender Identity Foundation For Transmen | 4753 N Broadway Suite 608, Chicago, IL 60640 | IL | 2010-04 | $0 |
| 12 | Grace Seeds Ministry | Po Box 1378, Bedford Park, IL 60499-1378 | IL | 2001-10 | $0 |
| 13 | Illinois Gender Advocates | 47 W Division St No 391, Chicago, IL 60610-2339 | IL | 2003-01 | $0 |
| 14 | Metro East Pride Of Southwestern Illinois | Post Office Box 831, O Fallon, IL 62269 | IL | 2014-08 | $0 |
| 15 | National Gay And Lesbian Sports Hall Of Fame | 707 W Waveland Ave Apt 1307, Chicago, IL 60613-4110 | IL | 2014-05 | $0 |
| 16 | Pflag Chicago Metro | 3715 Lexington Drive, Hoffman Estates, IL 60192 | IL | 2014-11 | $0 |
| 17 | Pflag Kankakee | 1045 W River St, Kankakee, IL 60901 | IL | 2014-09 | $0 |
| 18 | Project Fierce Chicago Inc | 5816 S Indiana Ave Unit 2, Chicago, IL 60637 | IL | 2013-11 | $0 |
| 19 | Rainbow Youth Outreach Inc | PO BOX 10304, Peoria, IL 61612-0304 | IL | 2002-02 | $0 |
| 20 | United States Transgender Advocacy | 9916 Major Avenue, Oak Lawn, IL 60453 | IL | 2013-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 553 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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