Lubbock Christian College Investment Corporation in Lubbock, Texas (TX)

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Lubbock Christian College Investment Corporation
Employer Identification Number (EIN)751589953
Name of OrganizationLubbock Christian College Investment Corporation
Address5601 19th St, Lubbock, TX 79407-2031
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date11/1977
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
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$1
Amount of Income$2,373
Form 990 Revenue Amount$2,373
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Undergraduate College (4-year)


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Amount of income in 2014: $2,373 (it was $54,454 in 2013)
This organization: 

 $2,373
Other organizations performing similar types of work: 

 $1,343,451

Assets in 2014: $1 (it was $67,995 in 2013)
This organization: 

 $1
Other organizations performing similar types of work: 

 $5,533,504

Expenses in 2014: $70,368
Lubbock Christian College Investment Corporation: 

 $70,368
Other organizations performing similar types of work: 

 $487,806

Income to expenses ratio in 2014: 0.0
Lubbock Christian College Investment Corporation: 

 0.0
Other organizations performing similar types of work: 

 2.4

Grants share in income in 2014: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 47.7%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$110,951$54,454$2,373
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$110,951$54,454$2,373
Total expenses$135,725$225$70,368
Total net assets$13,766$67,995$0
Excess/Deficit for the year$-24,774$54,229$-67,995
Net assets or fund balances at beginning of year$38,540$13,766$67,995
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$67,995$0
Balance Sheets
201220132014
Total assets$13,766$67,995$1
Total liabilities$0$0$0
Net assets or fund balances$13,766$67,995$0
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Southern Oregon University Foundation1250 Siskiyou Blvd, Ashland, OR 97520-5001OR1968-01$29,348,632
2Rhode Island College Foundation600 Mount Pleasant Avenue, Providence, RI 02908-1940RI1978-03$19,304,093
3The College Of New Jersey Foundation IncPO BOX 7718, Ewing, NJ 08628-0718NJ1985-01$17,189,638
4Scholarship & Welfare Funds Of Alumni Association Of Hunter Colle695 Park Ave Rm 1314he, New York, NY 10065-5024NY1949-09$15,886,796
5Union County College Foundation Inc995 Springfield Ave, Cranford, NJ 07016-1528NJ1979-04$8,697,416
6Thomas A Edison State College Foundation Inc101 W State St, Trenton, NJ 08608-1101NJ1978-10$6,729,279
7Santa Ana College Foundation1530 W 17th St, Santa Ana, CA 92706-3398CA1968-05$5,446,012
8Wayne State Foundation1111 Main Street, Wayne, NE 68787-1172NE1963-06$5,177,884
9Schoolcraft College Foundation18600 Haggerty Rd, Livonia, MI 48152-3932MI1966-11$5,130,130
10State University College At Brockport Foundation Inc350 New Campus Dr, Brockport, NY 14420-2997NY1977-03$4,132,336
11Sarah Harris Johnson-Whitman College FundPO BOX 831041, Dallas, TX 75283-1041TX1977-11$2,920,505
12Weatherford College Foundation Inc225 College Park Dr, Weatherford, TX 76086-6265TX1978-10$1,691,864
13Elsie Frueh & Anges Beck Memorial FundPO BOX 2950, San Antonio, TX 78299-2950TX1972-04$436,907
14Central Texas College Foundation6200 W Central Texas Expressway, Killeen, TX 76549TX1992-06$387,052
15Rolling Plains Technical Foundation300 Homer K Taylor Dr, Sweetwater, TX 79556-4108TX1977-09$225,688
16Schreiner College Permanent Endowment Trust222 Sidney Baker S, Kerrville, TX 78028-5994TX1982-02$154,127
17Shimer College Foundation5120 Woodway Dr Ste 8010, Houston, TX 77056-1708TX1986-07$60,861
18Clarendon College FoundationPO BOX 968, Clarendon, TX 79226-0968TX1991-07$60,460
19Lubbock Christian College Investment Corporation5601 19th St, Lubbock, TX 79407-2031TX1977-11$2,373
20Aldine College Endowment Scholarship Foundation, Aldine Scholarship Foundation5000 Research Forest Drive, The Woodlands, TX 77381TX1990-06$0
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona1
California27
Colorado2
Florida4
Georgia10
Iowa1
Idaho1
Illinois10
Indiana3
Kansas3
Kentucky1
Louisiana2
Massachusetts7
Maryland1
Maine2
Michigan6
Minnesota3
Missouri1
Montana1
North Carolina10
Nebraska4
New Hampshire2
New Jersey5
New York15
Ohio7
Oklahoma5
Oregon4
Pennsylvania1
Rhode Island3
South Carolina7
Tennessee1
Texas10
Washington6
Wisconsin3
West Virginia1
International2
Total174

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