LCG ICARE FOUNDATION

EIN: 810683487 501(c)(3) Philanthropy & Grantmaking

NOVI, MI

Total Revenue
$750,019
Total Expenses
$532,173
Total Assets
$1,973,770
Net Assets
$1,970,501
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MI
Principal Officer
YOLANDA BENSON
Phone
2489169380
Tax Period
2023-01-01 to 2023-12-31

LCG ICARE FOUNDATION, founded in 2015, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $750K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $218K, a strong 29% operating margin.

Mission

THE LCG ICARE FOUNDATION EXISTS TO ASSIST LEARNING CARE GROUP CHILD CARE PROVIDERS IN TIMES OF NEED. AS CHILD CARE PROFESSIONALS, WE DEDICATE OUR LIVES TO THE EDUCATION AND CARE OF CHILDREN, OFTEN MAKING PERSONAL SACRIFICES TO BE THERE FOR THE CHILDREN IN LEARNING CARE GROUP'S CARE. THEFOUNDATION IS HERE TO HELP DEDICATED LEARNING CARE GROUP ASSOCIATES SHOULD THEY EXPERIENCE AN UNEXPECTED CRISIS OR TRAGIC EVENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $778,625
Program Service Revenue $0
Investment Income $56,070
Other Revenue $-84,676
TOTAL REVENUE $750,019

Expense Breakdown

Grants Paid $391,130
Salaries & Benefits $92,782
Fundraising Expenses $58,966
Program Expenses $418,965
Other Expenses $48,261
TOTAL EXPENSES $532,173

Year-over-Year Comparison

2023 2022 Change
Revenue $750,019 $627,919 +0.2%
Expenses $532,173 $495,641 +0.1%
Net Income $217,846 $132,278 +0.6%
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
15
Independent Members
15
Employees
1
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
4
$0
Total Directors
16
$84,420
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY WEISS EXECUTIVE DIRECTOR 40.00
Director
$84,420 $0 $84,420
ANGIE CLINE PRESIDENT 4.00
Officer Director
$0 $0 $0
COURTNEY SCOTT VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
YOLANDA BENSON TREASURER 4.00
Officer Director
$0 $0 $0
HEATHER VUCINAJ SECRETARY 4.00
Officer Director
$0 $0 $0
CAROLE BILAK BOARD MEMBER 4.00
Director
$0 $0 $0
CAROLINE MAESE BOARD MEMBER 4.00
Director
$0 $0 $0
ANDREA DATTE BOARD MEMBER 4.00
Director
$0 $0 $0
EMILY PAFFENROTH BOARD MEMBER 4.00
Director
$0 $0 $0
HEATHER SEYMOUR BOARD MEMBER 4.00
Director
$0 $0 $0
ANDREA JENTZ BOARD MEMBER 4.00
Director
$0 $0 $0
DANIELLE ALEXANDER BOARD MEMBER 4.00
Director
$0 $0 $0
JOHN HOLLO BOARD MEMBER 4.00
Director
$0 $0 $0
MEGAN TROXLER BOARD MEMBER 4.00
Director
$0 $0 $0
NICOLE CALL BOARD MEMBER 4.00
Director
$0 $0 $0
ROOSEVELT PARKER BOARD MEMBER 4.00
Director
$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
2024 No data No data No data No data
2023 $750,019 $532,173 $1,973,770 $217,846
2022 $627,919 $495,641 $1,729,817 $132,278
2021 $487,756 $242,135 $1,597,165 $245,621
2020 $341,382 $64,398 $1,352,844 $276,984
2019 $430,952 $70,110 $1,075,526 $360,842
2018 $531,594 $66,496 $713,718 $465,098
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