Lambda Iota Sigma Foundation, Lis Foundation in Valencia, California (CA)

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Lambda Iota Sigma Foundation, Lis Foundation
Employer Identification Number (EIN)262742726
Name of OrganizationLambda Iota Sigma Foundation
Secondary NameLis Foundation
In Care of NameAlvin Blackshear
Address28160 Mcbean Parkway Suite 14101, Valencia, CA 91354-1152
Websitehttp://www.lisfoundation.info
SubsectionCharitable Organization
Ruling Date05/2009
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$2,169
Amount of Income$347
Form 990 Revenue Amount$347
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Philanthropy, Charity, Voluntarism Promotion, General


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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$347
Contributions, gifts, grants, and similar amounts received$347
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$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$957
Total net assets$2,779
Deficit for the year$-610
Net assets or fund balances at beginning of year$3,389
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$2,169
Total liabilities$-610
Net assets or fund balances$2,779
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
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:Not provided
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