Lt C-ii Inc is a 501(c)(3) organization based in Muncie, Indiana, registered in 1992, with $117,897 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$118K
▲ 13.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$128K
Net assets
-$598K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lt C-ii Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lt C-ii Inc: 0 mo reserves · -9% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lt C-ii Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lt C-ii Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $71K (FY2009) to $118K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-8.6%
Spent more than it raised in the latest fiscal year.
Total assets
$259K
Total liabilities
$856K
Net assets
-$598K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $117,897▲13.7% | $128,055 | -$597,551▼1.7% | $258,806▼10.5% | 990 |
| 2023 | $103,653▲15.5% | $128,056▼27.9% | -$587,393▼4.3% | $289,224▼7.6% | 990 |
| 2022 | $89,720▲0.7% | $177,645▲36.4% | -$562,990▼18.5% | $312,967▼17.5% | 990 |
| 2021 | $89,091▼11.6% | $130,255▲12.4% | -$475,065▼9.5% | $379,139▼9.6% | 990 |
| 2020 | $100,838 | $115,875▲13.2% | -$433,901▼3.6% | $419,615▼3.9% | 990 |
| 2019 | $100,870▲2.5% | $102,366▼4.9% | -$418,864▼0.4% | $436,805▲0.2% | 990 |
| 2018 | $98,372▲10.3% | $107,641▲2.1% | -$417,368▼2.3% | $435,743▼2.4% | 990 |
| 2017 | $89,217▲1.8% | $105,470▼18.4% | -$408,099▼4.1% | $446,336▼3.5% | 990 |
| 2016 | $87,642▼4.2% | $129,229▲30.7% | -$391,846▼11.9% | $462,635▼8.4% | 990 |
| 2015 | $91,446▲4.5% | $98,843▲1.8% | -$350,259▼2.2% | $504,802▼1.3% | 990 |
| 2014 | $87,478▲26.1% | $97,095▼12.0% | -$342,862▼2.9% | $511,477▼1.7% | 990 |
| 2013 | $69,347 | $110,324▲20.0% | -$333,245▼14.0% | $520,544▼8.1% | 990 |
| 2012 | — | $91,958▼2.4% | -$292,268▲7.8% | $566,230▲2.4% | 990 |
| 2011 | — | $94,208▲22.8% | -$316,977▼10.0% | $553,088▼1.9% | 990 |
| 2010 | — | $76,731▲1.0% | -$288,184▼2.7% | $563,798▼1.5% | 990 |
| 2009 | $71,071 | $75,969 | -$280,623 | $572,634 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Lt C-ii Inc (EIN 35-1862757) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.