LCG COMMUNITY SERVICES INC

EIN: 208095241 501(c)(3)

BROOKLYN, NY

Total Revenue
$5,179,376
Total Expenses
$5,646,207
Total Assets
$2,005,849
Net Assets
$1,393,744
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
MARK LAZAR
Tax Period
2020-01-01 to 2020-12-31

LCG COMMUNITY SERVICES INC, founded in 2006, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2020.

Mission

LCG COMMUNITY SERVICES, INC (LCG) WAS FORMED TO PROVIDE HOUSING AND RELATED SERVICES TO THE SPECIAL NEEDS POPULATION INCLUDING, BUT NOT LIMITED TO, THE HOMELESS, MENTALLY ILL, DEVELOPMENTALLY DISABLED, THE ELDERLY, CHRONICALLY ILL, ECONOMICALLY DISADVANTAGED, THE HIV/AIDS POPULATION, PEOPLE SUFFERING FROM SUBSTANCE ABUSE AND VICTIMS OF DOMESTIC VIOLENCE. THROUGH ITS DIVISION, UNITED GUARDIANSHIP SERVICES OF NEW YORK (UGSNY), LCG PROVIDES COMPREHENSIVE GUARDIANSHIP SERVICES FOR INDIVIDUALS DEEMED BY NEW YORK STATE SUPREME COURT JUSTICES TO BE INCAPACITATED. UGSNY WAS FORMED IN RESPONSE TO THE GROWING NUMBER OF ELDERLY, MANY OF WHOM ARE NO LONGER CAPABLE OF MAKING THEIR OWN HEALTH AND FINANCIAL DECISIONS. OUR GOAL IS TO PROVIDE THE HIGHEST LEVEL OF CARE THROUGH THE USE OF DEDICATED LEGAL, FINANCIAL AND SOCIAL SERVICE PERSONNEL, WHILE SIMULTANEOUSLY MINIMIZING THE EFFECT ON THE CLIENT'S ESTATE. THROUGH THE LCG COMMUNITY TRUSTS (LCGCT), WHICH SHARE COMMON TRUSTEES WITH LCG COMMUNITY SERVIC

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $123,099
Program Service Revenue $5,056,277
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,179,376

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,395,368
Fundraising Expenses $0
Program Expenses $5,049,670
Other Expenses $4,250,839
TOTAL EXPENSES $5,646,207

Year-over-Year Comparison

2020 2019 Change
Revenue $5,179,376 $5,244,478 0.0%
Expenses $5,646,207 $5,795,636 0.0%
Net Income $-466,831 $-551,158 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
53
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$42,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AL WILTSHIRE CHAIRMAN 40.00
Director
$42,000 $0 $42,000
MOSES BRACH PRESIDENT 1.00
Director
$0 $0 $0
DOMINIQUE GOODINE BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
MARCIA MAXWELL BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH LAZAR CFO/COO 40.00
Officer
$0 $0 $0
MARK LAZAR EXECUTIVE DI 40.00
Officer
$0 $0 $0
SOLOMON LAZAR CEO 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $5,179,376 $5,646,207 $2,005,849 $-466,831
2019 $5,244,478 $5,795,636 $2,262,683 $-551,158
2018 $9,293,912 $9,632,085 $2,470,124 $-338,173
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