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Lmc Foundation

  • Groesbeck, TX
  • Tax-exempt since March 2014
  • EIN: 20-5067883

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Human Service Organizations - Multipurpose (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$168k (2024)

Expenses
$121k (2024)

Total Assets
$1.72M (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2008 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$167,658
Expenses
$120,803
Net Income
$46,855
Net Assets
$1,721,906
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,258
3.1%
Interest Revenue $196
0.1%
Dividends $44,144
26.3%
Sales of Assets $86,455
51.6%
Other Income $31,605
18.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $102,666
85.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,721,906
Total Liabilities $0
Net Assets $1,721,906
Compensation
Key Employees and Officers Compensation Other
Sharon Fredriksson (President) $0 $0
Mary Rand (Vice President) $0 $0
Karon Golden (Secretary) $0 $0
Donald Altland (Treasurer) $0 $0
Susie Altland (Director) $0 $0
Lea Hardison (Director) $0 $0
Clifton Fox (Director) $0 $0
Melissa Arney (Director) $0 $0
Nathaniel Bedford (Director) $0 $0
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Document Links

990-PF
Filed on Jan. 31, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$115,874
Expenses
$89,454
Net Income
$26,420
Net Assets
$1,675,051
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,065
2.6%
Interest Revenue $106
0.1%
Dividends $40,231
34.7%
Sales of Assets $61,227
52.8%
Other Income $11,245
9.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,561
91.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,675,051
Total Liabilities $0
Net Assets $1,675,051
Compensation
Key Employees and Officers Compensation Other
Sharon Fredriksson (President) $0 $0
Susie Altland (Vice President) $0 $0
Karon Golden (Secretary) $0 $0
Donald Altland (Treasurer) $0 $0
Mary Rand (Director) $0 $0
Brandy Agnew (Director) $0 $0
Clifton Fox (Director) $0 $0
Martha Stone (Director) $0 $0
Nathaniel Bedford (Director) $0 $0
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Document Links

990-PF
Filed on Jan. 22, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$127,742
Expenses
$100,123
Net Income
$27,619
Net Assets
$1,648,631
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,923
4.6%
Interest Revenue $33
0.0%
Dividends $38,013
29.8%
Sales of Assets $76,578
59.9%
Other Income $7,195
5.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $96,000
95.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,648,631
Total Liabilities $0
Net Assets $1,648,631
Compensation
Key Employees and Officers Compensation Other
Sharon Fredriksson (President) $0 $0
Susie Altland (Vice President) $0 $0
Karon Golden (Secretary) $0 $0
Donald Altland (Treasurer) $0 $0
Mary Rand (Director) $0 $0
Brandy Agnew (Director) $0 $0
Clifton Fox (Director) $0 $0
Martha Stone (Director) $0 $0
Nathaniel Bedford (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Jan. 12, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$84,536
Expenses
$86,274
Net Income
-$1,738
Net Assets
$1,621,012
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,892
4.6%
Interest Revenue $0
Dividends $66,682
78.9%
Sales of Assets $5,197
6.1%
Other Income $8,765
10.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $82,495
95.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,621,012
Total Liabilities $0
Net Assets $1,621,012
Compensation
Key Employees and Officers Compensation Other
Sharon Fredriksson (President) $0 $0
Susie Altland (Vice President) $0 $0
Karon Golden (Secretary) $0 $0
Donald Altland (Treasurer) $0 $0
Mary Rand (Director) $0 $0
Brandy Agnew (Director) $0 $0
Clifton Fox (Director) $0 $0
Martha Stone (Director) $0 $0
Nathaniel Bedford (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Jan. 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$80,388
Expenses
$92,550
Net Income
-$12,162
Net Assets
$1,622,749
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $16,502
20.5%
Interest Revenue $0
Dividends $41,891
52.1%
Sales of Assets $21,995
27.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $86,723
93.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,622,750
Total Liabilities $1
Net Assets $1,622,749
Compensation
Key Employees and Officers Compensation Other
Sharon Fredriksson (President) $0 $0
Susie Altland (Vice President) $0 $0
Karon Golden (Secretary) $0 $0
Donald Altland (Treasurer) $0 $0
Mike Luke (Director) $0 $0
Sue Waller (Director) $0 $0
Debbie Williams (Director) $0 $0
Martha Stone (Director) $0 $0
Nathaniel Bedford (Director) $0 $0
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Document Links

990-PF
Filed on Jan. 20, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$90,303
Expenses
$86,681
Net Income
$3,622
Net Assets
$1,634,912
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,481
5.0%
Interest Revenue $0
Dividends $43,225
47.9%
Sales of Assets $42,597
47.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $84,500
97.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,634,912
Total Liabilities $0
Net Assets $1,634,912
Compensation
Key Employees and Officers Compensation Other
Sharon Fredriksson (President) $0 $0
Susie Altland (Vice President) $0 $0
Janice Hughes (Secretary) $0 $0
Donald Altland (Treasurer) $0 $0
Mike Luke (Director) $0 $0
Sue Waller (Director) $0 $0
Karon Golden (Director) $0 $0
Martha Stone (Director) $0 $0
Nathaniel Bedford (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Dec. 17, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$93,890
Expenses
$101,648
Net Income
-$7,758
Net Assets
$1,631,290
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,235
3.4%
Interest Revenue $0
Dividends $40,820
43.5%
Sales of Assets $49,835
53.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $95,392
93.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,631,290
Total Liabilities $0
Net Assets $1,631,290
Compensation
Key Employees and Officers Compensation Other
Shawn Harkin (President) $0 $0
Martha Stone (Vice President) $0 $0
Sharon Fredriksson (Secretary) $0 $0
Donald Altland (Treasurer) $0 $0
Mike Luke (Director) $0 $0
Sue Waller (Director) $0 $0
Karon Golden (Director) $0 $0
Susie Altland (Director) $0 $0
Nathaniel Bedford (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Jan. 22, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$161,561
Expenses
$65,121
Net Income
$96,440
Net Assets
$1,639,048
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $12,630
7.8%
Interest Revenue $0
Dividends $37,929
23.5%
Sales of Assets $111,002
68.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $61,576
94.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,639,048
Total Liabilities $0
Net Assets $1,639,048
Compensation
Key Employees and Officers Compensation Other
Richard Williams (President) $0 $0
Martha Stone (Vice President) $0 $0
Joe Leach (Secretary) $0 $0
Pamela Sodd (Treasurer) $0 $0
Shawn Harkin (Director) $0 $0
Sue Waller (Director) $0 $0
Earlene Moore (Director) $0 $0
Susie Altland (Director) $0 $0
Dan Collins (Director) $0 $0
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Document Links

990-PF
Filed on Jan. 27, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$72,010
Expenses
$196,751
Net Income
-$124,741
Net Assets
$1,542,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $225
0.3%
Program Services $0
Investment Income $26,788
37.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $44,997
62.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,542,609
Total Liabilities $0
Net Assets $1,542,609

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,528
Expenses
$170,973
Net Income
-$135,445
Net Assets
$1,667,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $315
0.9%
Program Services $0
Investment Income $27,546
77.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $7,667
21.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,667,350
Total Liabilities $0
Net Assets $1,667,350

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,026,572
Expenses
$253,478
Net Income
$1,773,094
Net Assets
$1,802,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,021,501
99.7%
Program Services $0
Investment Income $4,971
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $100
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,802,795
Total Liabilities $0
Net Assets $1,802,795

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$17,048
Expenses
$12,528
Net Income
$4,520
Net Assets
$34,679
Notable Sources of Revenue Percent of Total Revenue
Contributions $712
4.2%
Program Services $0
Investment Income $84
0.5%
Net Fundraising $16,252
95.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $34,679
Total Liabilities $0
Net Assets $34,679

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$7,868
Expenses
$79,151
Net Income
-$71,283
Net Assets
$30,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,646
33.6%
Program Services $0
Investment Income $761
9.7%
Net Fundraising $4,461
56.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $30,159
Total Liabilities $0
Net Assets $30,159

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2010

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$32,887
Expenses
$0
Net Income
$32,887
Net Assets
$101,442
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,053
18.4%
Program Services $0
Investment Income $748
2.3%
Net Fundraising $26,086
79.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $101,442
Total Liabilities $0
Net Assets $101,442

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2009

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$22,974
Expenses
$51,819
Net Income
-$28,845
Net Assets
$68,555
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,838
42.8%
Program Services $0
Investment Income $1,307
5.7%
Net Fundraising $11,829
51.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $68,555
Total Liabilities $0
Net Assets $68,555

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2008

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$26,445
Expenses
$83,680
Net Income
-$57,235
Net Assets
$97,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,943
18.7%
Program Services $0
Investment Income $4,021
15.2%
Net Fundraising $17,481
66.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $97,400
Total Liabilities $0
Net Assets $97,400

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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