BETA

LCC INTERNATIONAL FUND INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LCC INTERNATIONAL FUND INC (EIN 23-3015092)
Tax period
2019-08-01 to 2020-07-31
Filed
2021-03-15
IRS object ID
202100749349300505
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-03-15T12:45:22-05:00ReturnTs
Tax Period End2020-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363990892PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Capin Crouse LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13050 Saturn Street Suite 104AddressLine1Txt
CityBreaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92821ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN233015092EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LCC International Fund IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLCCIBusinessNameControlTxt
Phone6268625226PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line128 Penn SquareAddressLine1Txt
CityLancasterCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17603ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBryan KayPersonNm
Person TitleVice Chairman/TreasurerPersonTitleTxt
Phone6268625226PhoneNum
Signature2021-03-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAshley PeabodyPreparerPersonNm
PTINP01385870PTIN
Phone7145770988PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDebra BlewsPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line128 Penn SquareAddressLine1Txt
CityLancasterCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17603ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,229,426GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.lcc.ltWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionLCC promotes Christian post-secondary education in Lithuania and elsewhere.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee33TotalEmployeeCnt
Total Volunteers44TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$687,388PYContributionsGrantsAmt
CY Contributions Grants$832,591CYContributionsGrantsAmt
PY Program Service Revenue$700,734PYProgramServiceRevenueAmt
CY Program Service Revenue$331,113CYProgramServiceRevenueAmt
PY Investment Income$23,604PYInvestmentIncomeAmt
CY Investment Income$33,963CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,411,726PYTotalRevenueAmt
CY Total Revenue$1,197,667CYTotalRevenueAmt
PY Grants And Similar Paid$1,091,392PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,027,957CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$23,331PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$23,561CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$275,548PYOtherExpensesAmt
CY Other Expenses$204,114CYOtherExpensesAmt
PY Total Expenses$1,390,271PYTotalExpensesAmt
CY Total Expenses$1,255,632CYTotalExpensesAmt
PY Revenues Less Expenses$21,455PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$57,965CYRevenuesLessExpensesAmt
Total Assets BOY$1,066,231TotalAssetsBOYAmt
Total Assets EOY$994,836TotalAssetsEOYAmt
Total Liabilities BOY$59,681TotalLiabilitiesBOYAmt
Total Liabilities EOY$46,251TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,006,550NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$948,585NetAssetsOrFundBalancesEOYAmt
MissionThe LCC International Fund, Inc. is a non-profit organization that promotes Christian post-secondary education in Lithuania and elsewhere.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,123,615ExpenseAmt
Grant$1,027,957GrantAmt
Revenue$331,113RevenueAmt
DescProvides financial assistance for operations and staff at LCC International University, a Christian liberal arts university in Lithuania, serving 695 students from over 47 countries.Desc
Total Program Service Expenses$1,123,615TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee33EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBryan KayPersonNm
Phone8556555185PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 2761AddressLine1Txt
CityMount VernonCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98273ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Debra Blews
Chairman2.00Yes (X)Yes (X)$0$0$0
Bryan Kay
Vice Chairman/Treasurer1.00Yes (X)Yes (X)$0$0$0
Allon Lefever
Director1.00Yes (X)$0$0$0
Susan Koslowsky
Director1.00Yes (X)$0$0$0
John McQuaig
Director1.00Yes (X)$0$0$0
John Reynolds
Director1.00Yes (X)$0$0$0
Merrill Ewert
Director1.00Yes (X)$0$0$0
Timothy Herrmann
Director1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$436RelatedOrganizationsAmt
All Other Contributions$832,155AllOtherContributionsAmt
Total Contributions$832,591TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTuition and feesDesc
Business900099BusinessCd
Total Revenue Column$331,113TotalRevenueColumnAmt
Related Or Exempt Func Income$331,113RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$331,113TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$35,165TotalRevenueColumnAmt
Exclusion$35,165ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$30,557SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$31,759SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$1,202SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,202TotalRevenueColumnAmt
Exclusion-$1,202ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,197,667TotalRevenueColumnAmt
Related Or Exempt Func Income$331,113RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$33,963ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,027,957TotalAmt
Program Services$1,027,957ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$23,561TotalAmt
Management And General$23,561ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,925TotalAmt
Management And General$11,925ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$70,357TotalAmt
Management And General$70,357ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$910TotalAmt
Management And General$910ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$23,000TotalAmt
Program Services$7,300ProgramServicesAmt
Management And General$15,700ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,599TotalAmt
Management And General$2,599ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,526TotalAmt
Program Services$1,526ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$87,925TotalAmt
Program Services$83,239ProgramServicesAmt
Management And General$4,686ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,298TotalAmt
Program Services$19ProgramServicesAmt
Management And General$2,279ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescProfessional DevelopmenDesc
Total$3,574TotalAmt
Program Services$3,574ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,255,632TotalAmt
Program Services$1,123,615ProgramServicesAmt
Management And General$132,017ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$309,825BOYAmt
EOY$161,972EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$200BOYAmt
EOY$5,679EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$9,810BOYAmt
EOY$17,991EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$746,396BOYAmt
EOY$809,194EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,066,231BOYAmt
EOY$994,836EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$26,981BOYAmt
EOY$14,086EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$32,700BOYAmt
EOY$32,165EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$59,681BOYAmt
EOY$46,251EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$90,313BOYAmt
EOY-$110,425EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$916,237BOYAmt
EOY$1,059,010EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,006,550BOYAmt
EOY$948,585EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,066,231BOYAmt
EOY$994,836EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$57,965ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$481,952CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$756,460CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$680,193CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$687,388CurrentTaxYearMinus1YearAmt
Current Tax Year$832,591CurrentTaxYearAmt
Total$3,438,584TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$481,952CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$756,460CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$680,193CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$687,388CurrentTaxYearMinus1YearAmt
Current Tax Year$832,591CurrentTaxYearAmt
Total$3,438,584TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$821,368SubstantialContributorsTotAmt
Public Support Total170$2,617,216PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,455CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,281CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,385CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,838CurrentTaxYearMinus1YearAmt
Current Tax Year$35,165CurrentTaxYearAmt
Total$107,124TotalAmt
FieldValueIRS element (for citing)
Total Support$3,545,708TotalSupportAmt
Gross Receipts Rltd Activities$1,664,414GrossReceiptsRltdActivitiesAmt
Public Support CY1700.73810PublicSupportCY170Pct
Public Support PY1700.72160PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$746,396BeginningYearBalanceAmt
Contributions$59,392ContributionsAmt
Investment Earnings Or Losses$33,963InvestmentEarningsOrLossesAmt
Grants Or Scholarships$30,557GrantsOrScholarshipsAmt
End Year Balance$809,194EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$699,200BeginningYearBalanceAmt
Contributions$40,340ContributionsAmt
Investment Earnings Or Losses$21,547InvestmentEarningsOrLossesAmt
Grants Or Scholarships$14,691GrantsOrScholarshipsAmt
End Year Balance$746,396EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$629,241BeginningYearBalanceAmt
Contributions$25,811ContributionsAmt
Investment Earnings Or Losses$51,472InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,324GrantsOrScholarshipsAmt
End Year Balance$699,200EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$408,017BeginningYearBalanceAmt
Contributions$165,511ContributionsAmt
Investment Earnings Or Losses$65,713InvestmentEarningsOrLossesAmt
Grants Or Scholarships$10,000GrantsOrScholarshipsAmt
End Year Balance$629,241EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$344,519BeginningYearBalanceAmt
Contributions$61,450ContributionsAmt
Investment Earnings Or Losses$2,048InvestmentEarningsOrLossesAmt
End Year Balance$408,017EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescAssets held for endowmentsDesc
Book Value$809,194BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$809,194TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDue to related partyDesc
Amt$32,165Amt
FieldValueIRS element (for citing)
Total Liability$32,165TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:The organization's endowments consist of several donor-restricted funds. One of the significant funds is for the purpose of providing seed money for graduating students to start businesses in Eastern Europe and Central Asia. The other funds are donor-restricted for University scholarships and other University related purposes.
Form 990, Schedule D, Part V, Lines 2a-2c:In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its reviewed financial statements for the period ended 07/31/2020. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the reviewed financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEuropeRegionTxt
Offices1OfficesCnt
Employee33EmployeeCnt
Type Of Activities ConductedGrants to RecipientsTypeOfActivitiesConductedTxt
Region Total Expenditures$1,027,957RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees33SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee33TotalEmployeeCnt
Subtotal Spent$1,027,957SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,027,957TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEuropeRegionTxt
Purpose Of GrantFaculty support and student aidPurposeOfGrantTxt
Cash Grant$1,027,957CashGrantAmt
Manner Of Cash DisbursementWire transferMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 2:LCC International Fund, Inc. (LCC) transfers funds to a bank account for LCC International University (a foreign nonprofit.) This bank account is then used by LCC to cover University expenditures. All members of the US charity's board of directors are board members of the University. They attend board meetings twice per year and are given complete and comprehensive materials covering all aspects of the University, including financials and documents with specific detail on the allocation and use of grant funds. The US charity directors maintain complete control of charity funds and set policy and criteria for fund distribution.
Part I, line 3:Foreign expenditures are accounted for according to the accrual basis of accounting using expense reports and other appropriate documentation.
Part III Accounting Method:
Schedule F, Part I, Line 3, Column (e):Region: Europe (e) Specific type of service in Region: Grants are sent overseas to help support Christian post-secondary education in Lithuania and elsewhere. Payments for program services occur when tuition payments are made to LCC International Fund by U.S. students for their attendance at LCC International University, a related organization, in Lithuania. The tuition payments made to LCC fund are remitted to LCC University via wire transfer.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe 990 is prepared by an independent CPA firm and is reviewed in detail by the Chairman and the board of directors prior to filing.
Form 990, Part VI, Section B, line 12cThe organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Chairman and the Treasurer are responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. If a matter related to a potential conflict were to arise at a board meeting, the interested person would abstain from voting on matters related to the noted conflict.
Form 990, Part VI, Section B, line 15The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.
Form 990, Part VI, Section C, line 19The governing documents, conflict of interest policy, and financial statements are available to the public upon request.
Form 990, Part IX, Line 3:The grants reported on Part IX, Line 3 include compensation for work done abroad for the related entity, LCC University. LCC International Fund, Inc. reports this compensation by filing W-2s for the employees, but accounts for the comepnsation in its books as a grant to the University. The amount of wages reported on Part IX, Line 7 represent employees who are based in the U.S. and work soley for LCC International Fund, Inc.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1ForeignAddress/AddressLine1TxtCountryForeignAddress/CountryCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmForeign PostalForeignAddress/ForeignPostalCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
LCC International University
Kretingos g 36 Klaipeda 92307 LiLHPost-secondary Christian educationLHN/A0
LCC International Fund Inc
PO Box 2142CASupport Christian education in Lithuania and elsewhereCA0AbbotsfordBritish ColumbiaV2T3X8LCC International University
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.