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LINC Form 990
FOR TAX YEAR 2022 LINC, INC. Goodson & Taylor, CPAs 763 S Kerr Ave Wilmington, NC 28403 (910)392-4650 Goodson & Taylor, CPAs 763 S Kerr Ave Wilmington, NC 28403 kemmygtcpa@bellsoith.net Phone: (910)392-4650 1 Fax: (910)392-3240 Customer Name Customer Information LINC, INC. PO BOX 401 WILMINGTON, NC 28401 Invoice #: Date: January 20, 2024 Phone: (910)332-1132 E-mail: Your 2022 tax return was prepared by Clement Goodson. .Description Fee Federal And Supplemental Forms Form 990 Return of Org Exempt from Income Tax, paSc 1 Form 990 pg 2 Return of Org Exempt from Income Tax, page 2 Form 990 pg 3 Return of Org Exempt from Income Tax, page 3 Form 990 pg 4 Return of Org Exempt from Income Tax, page 4 Form 990 pg 5 Return of Org Exempt from Income Tax, page 5 Form 990 pg 6 Return of Org Exempt from Income Tax, page 6 Form 990 pg 7 Return of Org Exempt from Income Tax, page 7 Form 990 pg 8 Return of Org Exempt from Income Tax, page 8 Form 990 pg 9 Return of Org Exempt from Income Tax, page 9 Form 990 pg 10 Return of Org Exempt from Income Tax, page 10 Form 990 pg 11 Return of Org Exempt from Income Tax, page 11 Form 990 pg 12 Return of Org Exempt from Income Tax, page 12 Schedule A Organization Exempt Under Sec 501(c)(3), page 1 Schedule A pg 2 Organization Exempt Under Sec 501(c)(3), page 2 Schedule A pg 3 Organization Exempt Under Sec 501(c)(3), page 3 Schedule A pg 4 Organization Exempt Under Sec 501(c)(3), page 4 Schedule A pg 5 Organization Exempt Under See 501(c)(3), page 5 Schedule A pg 6 Organization Exempt Under Sec 501(c)(3), gage 6 Schedule A pg 7 Organization Exempt Under Sec 501(c)(3), page 7 Schedule A pg 8 Organization Exempt Under Sec 501(c)(3), page 8 Schedule D Supplemental Financial Statement, page 1 Schedule D pg 2 Supplemental Financial Statement, page 2 Schedule D pg 3 Supplemental Financial Statement, page 3 Schedule D pg 4 Supplemental Financial Statement, page 4 Schedule G Fundraising and Gaming Activities, page 1 Schedule G pg 2 Fundraising and Gaming Activities, page 2 Schedule 0 Supplemental Information, page 1 Form 8868 Application for Extension Form 8879-TE E-file Signature Authorization for Tax Exempt Form 8879-TE E-file Signature Authorization for Tax Exempt Statement Sch D Schedule D - Part VI, Line le Overflow Itemized Listing Attachment Total Forms 32 Forms Subtotal 0.00 Total Balance Due 0.00 Payment due upon receipt. Thank you for your business! 2022 Filing Instructions LINC, INC. Tax year ending 06-30-2023 Form filed: Form 990 and supplemental forms and schedules Filing method: The return will be e-filed once the signed and dated Form 8879-TE has been received by this office. Do not mail the return to the IRS. Due date: 05-15-2024 The return reflects neither a refund nor a balance due. Please note: The Taxpayer First Act requires tax-exempt organizations to electronically file all information returns in the 990 series and related forms for tax years beginning after July 1, 2019. Mailing these returns is no longer allowed. Form 990 Return of Organization Exempt From Income Tax OMB No1'545-0047 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) 2`.122 Department of the Treasury Do not enter social security numbers on this form as it may be made public. Open to:Pu,bII Internal Revenue Service Go to wwW.irs.gov/Form990 for instructions and the latest information, A For the 2022 calendar year, or tax year beginning Inspecfiori 07-01 . 2022, and ending 06-30 , 2023 B Check if applicable: C Name of organization LINC INC. ❑ D Employor idontification number Address change Doing business as 56-2135792 ❑ Name change Number and street (or P.O, box if mail is not delivered to street address) Roornisuite E Telephone number ❑ Initial return PO BOX 401 910 332-1132 ❑ Final returniterminated City ortovm, state or p ovince, country, and ZIP or foreign postal code G Grass receipts ❑ Amended return WILMiNGTON NC 28401 S 4026997 ❑ Application pending F Name and address of principal officer: NO Is this a group return for subordinatos7 ❑Yos X No H(b) Are all subordinates included? ❑ Yos ❑ No I Tax-exempt status: X❑ 501(e)(3) ❑ 5o1(c) ( ) (insert no.} ❑ 4947(a)(1) or ❑ 527 If "No;' attach a list. See instructions J Wobsito: N/A H(c) Group exemption number K Form of organization; © Corporation ❑ Trust ❑ Association ❑ Other L Year of formation: 1999 M State of legal domicile: NC Part I Summary 1 Briefly describe the organization's mission or most significant activities: PROVIDES SHELTER AND SERVICES TO MEN AND WOMEN WHO HAVE BEEN RELEASED FROM LOCAL JAILS STATE AND FEDERAL PRISONS AND ON OCCASIONS I YOUNG to ADULTS WHO HAVE BEEN RELEASED FROM DETENTION CENTERS, ADDITIONALLY THE ORGANIZATION PROVIDES 4) 4) SERVICES FOR CHILDREN WHO ARE AT RISK DUE TO PA > 0 2 Check this box ❑ if the organization discontinued its operations or disposed of more than 25% of its net assets. t9 3 Number of voting members of the governing body (Part VI, fine 1 a} 06 3 5 4 Number of independent voting members of the governing body (Part VI, line 1 b) . . . . . . .. . . . . . 4 5 5 Total number of individuals employed in calendar year 2022 (Part V, line 2a) . . . . . . . . . . . . . . . . 5 15 15 6 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . . . . . . . . . . . . . 6 7a Total unrelated business revenue from Part VIII, column (C), line 12 . . . . . . . . . . . . . . . . . . . . 7a 0 b Net unrelated business taxable income from Form 990-T, Part I, line 11 7b 0 8 Contributions and grants (Fart VIII, line 1h) - Prior Yoar Cu rront Year1 , 813 r 461 5 9 Program service revenue (Part VIII, line 2g) 2 150 882 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) 6,322 11 Other revenue (Part VIII, column (A), fines 5, Gd, 8c, go, 10c, and 11e) . . . . . . . . . . 56,332 12 Total revenue - add fines 8 through 11 (must equal Part VIII, column (A), line 12) 4 026 997 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) . . . . . . . . . . . . . 0 14 Benefits paid to or for members (Part IX, column (A), line 4) . . . . . . . . . . . . . . . 0 fn 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 2 029 $13 16a Professional fundraising fees (Part IX, column (A), line 11e) . . . . . . . . . . 0 xb Total fundraising expenses (Part IX, column (D), line 25) 0 w 17 Other expenses (Part IX, column (A), lines 11a-11d, 11f--24e) 1 075 904 18 Total expenses. Add fines 13-17 (must equal Part 1X, column (A), line 25) . • . . . . . . 3 1105,717 19 Revenue less expenses. Subtract line 18 from line 12 . . . . . . . . . . . . . . . . . W e Boginning of Curront Year Hm 20 Total assets (PartX, line 16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,792,751 ¢„ 21 Total liabilities (Part X, line 26) . . . . . . 1,755,972 Z" 22 Net assets or fund balances. Subtract line 21 from line 20 .......... 1 036 78 Part II Signature Block u.-, Penxmes or peryury, 1 ceclare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of oranara, rr,+1,o, ti—.ar— i.. r,-- of Yoar 4,040,984 FRANECIE ROBERTS ` l -- ZCo Zozy Sign Signature of officer Here Date FRANKIE ROBERTS Executive Director Type or print name and title PrintMype preparers name Preparer's signature Date Chock ❑ if PTIN Paid Clement GOOdStlri r 9 - Pre rye. 1-26-2024 self-employed P01200579 parer p Firm'sname Goodson & Ta for CPAs n's EIN Use Only FiraYs address 7 63 S Kerr Ave Ph no. Phone no. Nil-+1- loc Wilmin ton NC 28403 .+tom .. sk: 910-392-4650 - _ r.,Nu, „w..,, nvvvcr acc nlsuucuvns . . . . . . . . . . . . . . . . . . . . . IJ Yes N No For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2022) EEA Form 990 (2022) LINC INC. 56-2135792 Page 2 Part III Statement of Program Service Accomplishments Check if Schedule O contains a response or note to any line in this Part III ❑ 1 Briefly describe the organization's mission: PROVIDES SHELTER AND SERVICES TO MEN AND WOMEN WHO HAVE BEEN RELEASED FROM LOCAL JAILS, STATE AND FEDERAL PRISONS AND ON OCCASIONS, YOUNG ADULTS WHO HAVE BEEN RELEASED FROM DETENTION CENTERS. ADDITIONALLY, THE ORGANIZATION PROVIDES SERVICES FOR CHILDREN WHO ARE AT RISK DUE TO PA 2 Did the organization undertake any significant program services during the year which were not listed cn the prior Form 990 or 990-EZ? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . ❑ Yes ❑ No If "Yes," describe these new services on Schedule O. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . ❑ Yes ❑ No If "Yes," describe these changes on Schedule O. 4 Describe the organizations program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported. 4a (Code: ) (Expenses $ 2,778,798 including grants of $ ) (Revenue $ ) PROVIDES SHELTER AND SERVICES TO MEN AND WOMEN WHO HAVE BEEN RELEASED FROM LOCAL JAILS, STATE AND FEDERAL PRISONS AND ON OCCASIONS, YOUNG ADULTS WHO HAVE BEEN RELEASED FROM DETENTION CENTERS. ADDITIONALLY, THE ORGANIZATION PROVIDES SERVICES FOR CHILDREN WHO ARE AT RISK DUE TO PARENTAL INCARCERATION 4b (Code: ) (Expenses $ 4c (Code. ) (Expenses $ including grants of $ including grants of $ ) (Revenue $ ) (Revenue $ 4d Other program services (Describe on Schedule O.) (Expenses $ including grants of $ ) (Revenue $ ) 4e Total program service expenses 2,778,798 EEA Form 990 (2022) Form 990 2022) LINC INC. 56-2135792 Page 3 Part IV I Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," completeSchedule A ... . . . ... . .. .. . . .. .... ... . ... . .. .. . . . . .... . . ..... . .. 1 X 2 X 2 Is the organization required to complete Schedule B, Schedule of Contributors? See instructions . .. . .. . . . . . . . . . 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part 1 . . .... . . . . .... . . .. . . . . ... . . . . . 3 X 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part 1I . . . . .. . . .. . .. . .. . . .. . . . . . 4 X 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III. . .. . . . . .. . . 5 X 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,"complete Schedule D, Part 1 . . . ... . ... ... . .... .... ... . . . . . . ... . .. ... . . . .. 6 X 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part/1 . .. . . . . . . . .. . . . 7 X 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III . . . . . . .... .. .. . ... ... . . .. . .. .... . . .... ..... .. . .. 8 X 9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes, " complete Schedule D, Part IV .... .. .... . . . . .. .. . . .. . .. . . ... 9 X 10 Did the organization, directly or through a related organization, hold assets in donor -restricted endowments or in quasi endowments? If "Yes," complete Schedule D, Part V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 X 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part V► .. . . . . .... .. .. ... . ... . . . . . . ... . .. . .. .. . ... . . . . . . 19a X b Did the organization report an amount for investments - other securities in Part X, line 12, that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part V11 . ... . . ... . . . . . .. .. . . . 11b X c Did the organization report an amount for investments - program related in Part X, line 13, that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII . . . . . . . .. . . . . . . . . . . . . 11c X d Did the organization report an amount for other assets in Part X, line 15, that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11d X 11e X e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X . . . . . . . f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X . . . . . 11f X 12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI and XII . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 12a X b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts Xl and X11 is optional . . . . . . . 12b X 13 X 13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E . . . . . . . . . . . . . . . 14a X 14a Did the organization maintain an office, employees, or agents outside of the United States? .. .... . . . . . ... . . .. b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes, " complete Schedule F, Parts I and IV . . .. . . . . . . . . . . . . 14b X 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If "Yes," complete Schedule F, Parts 1l and IV . . . . .. .. . . .. .. . . . . . .. . .... 15 X 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV . . .. . . .... . . . .. .. . .. 16 X 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I See instructions . . . .. . . . . . . . . . . . . 17 X 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, PartII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 X 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part Ill .. . . .. . . .. . . . . . ... . . . . .. . . . . . . .. . . .. .. . . . . . . 19 X 20a X 20 a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H .. . . ... .. . . ... . . . . 20b b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? . . . . . . . . . . . . . 21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If "Yes," complete Schedule 1, Parts I and 11 21 X EEA Form 990(2022) Form 990 (2022) LINC INC. 56-2135792 Page 4 Part IV I Checklist of Required Schedules (continued) Yes I No 22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If "Yes," complete Schedule 1, Parts I and IU . . . . . . . . . . . . . .. . . . . . . . . . . . . 22 1 X 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 23 X 24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d and complete Schedule K. If'No,"go to line 25a. . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 24a X 24b b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? .. . . . . . .. . .. . . c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? .. . ... .... . . . . ... . . . . ... . . . . .. . . .. .. .. . .. . . . . . 24c 24d d Did the organization act as an "on behalf of issuer for bonds outstanding at any time during the year? ... . . . ... . . . . . 25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part 1. ... .. . . . . . . . . . . . . 25a X b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organizations prior Forms 990 or 990-EZ? If "Yes, " complete Schedule L, Part I . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 251b X 26 Did the organization report any amount on Part X, line 5 or 22, for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member or any of these persons? If "Yes," complete Schedule L, Part ll. ... . ..... . . . . . 26 X 27 Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons? If "Yes," complete Schedule L, Part III . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 27 X 28 Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV, instructions, for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes, " complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 28a X 28b X b A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV . . .. . . . . . . . . . . . . c A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV .. . . . . ... . . . . . . . .. .... . . . . .... . .. ... . . .... ... 28c X 29 X 29 Did the organization receive more than $25,000 in non -cash contributions? If "Yes," complete Schedule M. . . . . .. . . .. 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes, " complete Schedule M. . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 30 X 31 X 31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part l . . . . . . . 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," completeSchedule N, Part 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 X 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I. . . . . . . . . . . . .. . . . . . . . . . . . . 33 X 34 Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, orIV, and Part V, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 34 X 35a X 35a Did the organization have a controlled entity within the meaning of section 512(b)(13)? . . . . . . . . . . . . . . . . . . . . . b If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 . . .. . . . . . . . . 35b X 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non -charitable related organization?If "Yes," complete Schedule R, Part V, line 2 . .... .. . . . ... . . . ..... . ... . . . . . 36 X 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part Vl. . . . . . . . . . 37 X 38 Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note: All Form 990 filers are required to complete Schedule O 38 X Part V Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule O contains a res onse or note to an line in this Part V 171 ................... Yes No 1a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ...... . . . . .. .. . . 1a U b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable . . . . . . . . . . .. . . 1b 0 c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling)winnings to prize winners? 1c X EEA Form 990(2022) Form 990 (2022) LINC. INC. 56-2135792 Page 5 Part Vl I Statements Regarding Other IRS Filings and Tax Compliance (continued) Yes No 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax F2a F Statements, filed for the calendar year ending with or within the year covered by this return . . .. .. . . 15 b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? . . . . . . ... . . . 2b X 3a X 3a Did the organization have unrelated business gross income of $1,000 or more during the year? . . . ... .. . . . . . . . . . 3b b If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, provide an explanation on Schedule O . . . . . .. . . ... 4a At arty time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? . . .. . . . . . 4a X b If "Yes;' enter the name of the foreign country See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). 5a Was the organization a parry to a prohibited tax shelter transaction at any time during the tax year? ... . . .. . . .. . 5a X 5b X b Did any taxable party notify the organization that it was or is a parry to a prohibited tax shelter transaction? .. .... . . . . . 5c c If "Yes" to line 5a or 5b, did the organization file Form 8886-T? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? . . ... .. . . . .. . . . . . 6a X b If "Yes;' did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? . .. . . .. ... . . . . .... . . . . .... .. . . . . . . .. . . . . . . . . . . . . 6b 7 Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods andservices provided to the payor? . . ... . . . . ..... . . .. .... ... ..... ... . .. . . ... . ... 7a X 7b b If "Yes;' did the organization notify the donor of the value of the goods or services provided? .. . . .. .... . . . . .. . . c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 7c X d If "Yes;' indicate the number of Forms 8282 filed during the year .. . ... . .. . . .. . ... . .. . . 7d e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? . . . ... . .. . 7e X 7f X f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? .. ... .. . . . . . 7g X g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?.. .. 7h X h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? . . . . . . . . . 8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? .. . ... . .. . .. . . .. .. . . . 8 X 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966? . . .... . . .. . . . . ... . . . .. 9a X 9b X b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? ... . . . . . .. . ... . 10 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on Part Vlll, line 12 . . . . . . . . . . . . . . . . .. . . 10a b Gross receipts, included on Form 990, Part Vill, line 12, for public use of club facilities . . . . . . . .. . . 10b 11 Section 501(c)(12) organizations. Enter: a Gross income from members or shareholders . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . Ila b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) . . ... .. . . . . . .. .... . . .. . ... . . . . . . 11b 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? . . . . . . 12a b If "Yes;' enter the amount of tax-exempt interest received or accrued during the year . . . .. . . . .. .. I 12b 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? . . .. .. . ... . . . . . ... . . . 13a Note: See the instructions for additional information the organization must report on Schedule O. b Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans . . .... . . . . ... . . . . . . . .. . . 13b c Enter the amount of reserves on hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 13c 14a X 14a Did the organization receive any payments for indoor tanning services during the tax year? .. . . .. .... ... . . .. . 14b b If "Yes," has it filed a Form 720 to report these payments? If'No,"provide an explanation on Schedule Q . . . ... . . . . . 15 Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute paymen(s) during the year? .. .... .... .. . . .. . . . . . . . . . .. ... . . .. . .. . . 15 X If "Yes;' see the instructions and file Form 4720, Schedule N. 16 Is the organization an educational institution subject to the section 4968 excise tax on net investment income? . . . .. . . . .. 16 X If "Yes;' complete Form 4720, Schedule O. 17 Section 501(c)(21) organizations. Did the trust, or any any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952 or 4953? . . . . . . .. . . . . . . . . . . . . 17 If "Yes;' complete Form 6069. EEA Form 990(2022) Form 990 2022) LING INC. 56-2135792 Page 6 Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a 'No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions. ..... ... . . Check if Schedule O contains a response or note to any line in this Part VI 0 Section A. Governing Body and Management Yes No 1a Enter the number of voting members of the governing body at the end of the tax year .. . ... . ... . 1a 5 If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain on Schedule O. b Enter the number of voting members included in line 1a, above, who are independent . . . . . . . .. . . 1b 5 2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? . . . .. . . . .. . ... ... . . . . . . ... . . .. . . . . . . . 2 X 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, trustees, or key employees to a management company or other person? . .. . .. . . .. . 3 X 4 X 4 Did the organization make arty significant changes to its governing documents since the prior Form 990 was filed?. . . . . . . . 5 X 5 Did the organization become aware during the year of a significant diversion of the organization's assets? . . . . . . . . . . . . 6 X 6 Did the organization have members or stockholders? . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint oneor more members of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 7a X b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b X 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: aThe governing body? . . .... . .. . .... .... . . . . .... . . . . . . .. . ... .. .. ... . . . . . .. 8a X 8b X b Each committee with authority to act on behalf of the governing body? .. . . . . . . .. ... . . .. . .. . . .. . . . . . 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? If "Yes, " provide the names and addresses on Schedule O 9 X Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.) Yes I No 10a X 10a Did the organization have local chapters, branches, or affiliates? . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . b If "Yes;' did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? . . . . .. . ... . 10b 11a X 1la Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? .. . b Describe on Schedule O the process, if any, used by the organization to review this Form 990. 12a Did the organization have a written conflict of interest policy? If "No,"go to line 13. . . . . . . . . .. . . . . . . . . . . . . 12a X 12b b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? . c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 12c 13 X 13 Did the organization have a written whistleblower policy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 X 14 Did the organization have a written document retention and destruction policy? . . . . . . . . . . . .. . . . . . . . . . . . . 15 Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization's CEO, Executive Director, or top management official . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15a X b Other officers or key employees of the organization . . . . . . . . .. .... . . . . . ... ... . ... . .. .. . .. 15b X If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions. 16a Did the organization invest in, contribute assets to, or participate in a jointventure or similar arrangement with a taxable entity during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 16a X b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's exempt status with respect to such arrangements? 16b Section C. Disclosure 17 List the states with which a copy of this Form 990 is required to be filed North Carolina 18 Section 6104 requires an organization to make its Forms 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c) (3)s only) available for public inspection. Indicate how you made these available. Check all that apply. ❑ Own website ❑ Another's website ® upon request ❑ Other (explain on Schedule O) 19 Describe on Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. 20 State the name, address, and telephone number of the person who possesses the organization's books and records. STEVE LEE (910)332-1132, 907 CASTLE ST, WILMINGTON, NC 28401 EEA Form 990 (2022) Form 990 2022) LINO INC. 56-2135792 Page 7 Part VII I Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check if Schedule O contains a response or note to any line in this Part VII ...................... ❑ Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year. • List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. • List all of the organization's current key employees, if any. See the instructions for definition of "key employee." • List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations. • List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. • List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. See instuctions for the order in which to list the persons above. ® Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee. (c) (A) (B) Position (p) (E) (F) (do not check more than one Name and title Average box, unless person is both an Reportable Reportable Estimated amount hours officer and a director/trustee) compensation compensation of other per week from the from related compensation (list any organization (W-2/ organizations (W-2/ from the hours for o a � y c. � m � � 0 1099-MISC/ 1099-MISC/ organization and related m' m CD a " m 1099-NEC) 1099-NEC) related organizations c o w c w a m a organizations 0 m below y fD m dotted line) m m m (1) MIKE MAUME ---------------------------- 5.0 ----- SECRETARY X 0 0 0 (2) TRACY WILKERSON ---------------------------- 5.0• ----- VICE CHAIRPERSON X 0 0 0 (3) ASHELY WELLS ---------------------------- 5.0 ----- CHAIRPERSON X 0 0 0 (41EVELYN Adger - - - - - - - - - - - - - - -- --5_0 TREASURER X 0 0 0 (5) ---------------------- - - - - -- - - - -- (6) ---------------------------- ----- (7) ---------------------- - - - - -- - - - -- (8) ---------------------- - - - - -- - - - -- (9) ---------------------- - - - - -- - - - -- (10) ---------------------- - - - - -- - - - -- (11) ---------------------- - - - - -- - - - -- (12) ---------------------- - - - - -- - - - -- (13) ---------------------- - - - - -- ----- (14) EEA Form 990(2022) Form 990 (2022) LINO INC. 56-2135792 Page 8 Part Vll I Section A. Officers. Directors. Trustees. Kev Emolovees. and Hiahest Compensated Emolovees (continued) (c) (A) (B) Position (p) (E) (F) (do not check more than one Name and title Average box, unless person is both an Reportable Reportable Estimated amount hours officer and a director/trustee) compensation compensation of other per week from the from related compensation (list any organization (W-2/ organizations (W-2/ from the hours for o ' a < 'm _ —c m 3 Q v o 1099-MISC/ 1099-MISC/ organization and m- c m m o m , 1099-NEC) 1099-NEC) related organizations related ,, c c m $9 organizations ° below CD m dotted line) D m m m (15) ---------------------- - - - - -- - - - -- (16) ---------------------- - - - - -- - - - -- (17) ---------------------- - - - - -- - - - -- (18) ---------------------- - - - - -- - - - -- (19) -------------------- -- - - - - -- ----- (20) ---------------------------- ----- (21) ---------------------- - - - - -- ----- (22) ---------------------------- ----- (23) ---------------------------- ----- (24) ---------------------------- ----- (25) ---------------------------- ----- 1bSubtotal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Total from continuation sheets to Part VII, Section A . . . . . . . . . . . . . . d Total (add lines 1b and 1c) t) U 0 2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization p Yes No 3 Did the organization list any former officer, director, trustee, key employee, or highest compensated employee on line la? If "Yes," complete Schedule J for such individual . . . . . . . . . . . . . .. . . . . . . . . . . . . 3 X 4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual......................................................... 4 X 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes,"complete Schedule J for such person . 5 X ................ Section B. Independent Contractors 1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar vear endina with or within the oraanization's tax vear. (A) Name and business address (B) Description of services (c) Compensation 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization EEA Form 990(2022) Form 990 (2022) LINC INC. 56-2135792 Page 9 Part VIII I Statement of Revenue f^harle if Crhprti dp (1 rnntninc n rpcnnnce nr nnte to arty line in this Part VIII . n (A) (B) (C) (D) Total revenue Related or exempt function revenue Unrelated business revenue Revenue excluded from tax under sections 512-514 1a Federated campaigns ........ 1a 72,280 1b H oc �? E 5.9 N E ON _ a o r b Membership dues .. ... . .. . . Fundraising events . .. . . . . . . d Related organizations . . . . . . . . e Government grants (contributions) .. f All other contributions, gifts, grants, and similar amounts not included above g Noncash contributions included in lines la-1f ..... . .... . .. h Total. Add lines la-1f ................... 1,813,461 1c 24,113 1d 1e 1,512,080 1f 204,988 19 $ Business Code 524310 2,150,882 2,150,882 2a PROGRAM REVENUE N E `rst 0 a C d e f All other program service revenue .. . .. . 2,150, 882 g Total. Add lines 2a-2f .................... 3 Investment income (including dividends, interest, and other similar amounts) . . . . . . . . . . . . . . . . . . . . 6,322 6 322 4 Income from investment of tax-exempt bond proceeds .. . . 5 Royalties . . . .. .. . ................... (i) Real (ii) Personal 6a Gross rents . . . .. . 6a 56,332 b Less: rental expenses .. 6b c Rental income or (loss) 6c 56,332 56, 332 56, 332 d Net rental income or (loss) .................. 7a Gross amount from (i) Securities (ii) other sales of assets other than inventory 7a b Less: cost or other basis and sales expenses . . 7b c Gain or (loss) . . . . . 7c d Net gain or (loss) 8a Gross income from fundraising events (not including $ 24,113 of contributions reported on line 1c). See Part IV, line 18 . . . . . . . . 8a b Less: direct expenses .. .. . . ... I 8b c Net income or (loss) from fundraising events 9a Gross income from gaming activities, See Part IV, line 19 . . . . . . 9a b Less: direct expenses . . .. . . . . . 9b c Net income or (loss) from gaming activities 10a Gross sales of inventory, less returns and allowances . . . . . . . . . 10a b Less: cost of goods sold .. . . . . . . 10b c Net income or (loss) from sales of inventory . Business Code 3 g = 11a b c Nm fr c d All other revenue .. . . . . . ... . . . . e Total. Add lines 11a-11d 12 Total revenue. See instructions 4 026 997 2 213 536 01 0 EEA Form 990(2022) Form 990 (2022) LINC INC. 56-2135792 Page 10 Part IX I Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A). Check if Schedule O contains a response or note to any line in this Part IX .. ... . .... . . . . .... ... . . . . . . . . . n Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part Vlll. (A) Total expenses (B) Program service expenses (c) Management and general expenses (o) Fundraising expenses 1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 . . . 2 Grants and other assistance to domestic individuals. See Part IV, line 22 . . . . . . . . . . . . 3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 . . . . 4 Benefits paid to or for members . .. . .. . . .. . . 5 Compensation of current officers, directors, trustees, and key employees .. .... . . . . .. . 6 Compensation not included above to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) . . . . . . 7 Other salaries and wages .. .... . . . . . . . . 8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) 9 Other employee benefits . . .... . .. . . . . . . 10 Payroll taxes . . . . . . .... . . . . .. . . .. . 11 Fees for services (nonemployees): a Management . . . . . . . ... .... . . . . .. . bLegal ......................... cAccounting . . .. .. .... .... . . . . ... . d Lobbying . . . . .. . ... .. .. . . . . .... . e Professional fundraising services. See Part IV, line 17 . f Investment management fees . . .... . . .. .. . g Other. (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O.) . . 12 Advertising and promotion .. . . . . .. . . .... 13 Office expenses .. . .. . ... . ..... . . .. 14 Information technology .. . . . ... .. .... . . 15 Royalties . . . . . . . . . . . . . . . . . . . . . . . 16 Occupancy . . . . . . ... . . .. . .. . . .... 17 Travel . . . . . . . . .. . . . . . . .. . . .. . . 18 Payments of travel or entertainment expenses for any federal, state, or local public officials . . . . . 19 Conferences, conventions, and meetings . . . . . . . 20 Interest ..... . . . .. . .. . .... . . . . .. 21 Payments to affiliates . . . . . . . . . . . . . . . . . 22 Depreciation, depletion, and amortization . . . . . . . 23 Insurance . . . . . . .. . . . . . . . ... . . .. 24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses on line 24e. If line 24e amount exceeds 10% of line 25, column (A), amount, list line 24e expenses on Schedule O.) a PROGRAM COSTS 1,829,979 1, 517, 005 312,974 199,834 199,834 70,682 56,737 13, 945 8,820 8,820 31,147 31,147 161,999 161,999 42,638 42,638 13,382 13,382 41,250 41,250 52,876 52,876 491,049 491,049 b UTILITIES 105,970 105,970 c TRAINING 37,953 37,953 d EVENTS 14,136 14,136 e All other expenses 25 Total functional expenses. Add lines 1 through 24e. . 4,002 4,002 3,105, 717 2,778,798 326,919 0 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here ❑ if following SOP 98-2 (ASC 958-720) EEA Form 990 (2022) Form 990 (2022) LINC INC. 56-2135792 Page 11 Part X I Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ........................ ❑ (A) (B) Beginning of year End of year 1 Cash - non -interest -bearing . . . . . . .. .. .... . . .. .... . . .. 1,243,009 1 1,758,978 2 2 Savings and temporary cash investments .. .. . . . . . .. ... . . . ... 3 Pledges and grants receivable, net .. .. ...... .... . . . . .. . . . 3 191,321 4 484,035 4 Accounts receivable, net . . . . . . .... .. . . .. . . . . . . . . . . .. 5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons . . . . . . . . . . . 5 6 Loans and other receivables from other disqualified persons (as defined under section 4958(0(1)), and persons described in section 4958(c)(3)(B) . ... 6 fA N a 7 Notes and loans receivable, net . . . . . . . . . . . . . . . . . . . . . . . . 8 Inventories for sale or use . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Prepaid expenses and deferred charges .. ... .. . . ... . .. 7 8 286 9 11,058 10a Land, buildings, and equipment cost or other basis. Complete Part VI of Schedule D . . . . . . 10a 2,25 428 b Less: accumulated depreciation . . .... . .. . 10b 464,515 1,358,141 10c 1,786,913 11 11 Investments - publicly traded securities . . . . . . . . . . . . . . . . . . . . . 32 12 Investments - other securities. See Part IV, line 11 . . . . . . . . . . . . . . . 13 Investments - program -related. See Part IV, line 11 . . . . . . . . . . . . . . . 13 14 Intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 15 Other assets. See Part IV, line 11 . . . . . . . . . . . . . . . . . . . . . . . . 15 2,792,757 16 4,040,984 16 Total assets. Add lines 1 through 15 (must equal line 33) 17 Accounts payable and accrued expenses .. .. . . . . ...... . . .. . . 100 084 17 134,171 18 18 Grants payable .. .. . .. . .. . .... .. . .... . . .. ... . . . . 19 19 Deferred revenue . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . 20 20 Tax-exempt bond liabilities . . .. . . . . . . . . .. . ... .... ... . . 21 21 Escrow or custodial account liability. Complete Part IV of Schedule D . . . ... :- 22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% J controlled entity or family member of any of these persons .. . ... . . .. . 23 Secured mortgages and notes payable to unrelated third parties .. . ..... 22 1, 655, 888 23 1,948,748 24 24 Unsecured notes and loans payable to unrelated third parties .. ... .. ... 25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X ofSchedule D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 26 Total liabilities. Add lines 17 through 25 . 1, 755,972 26 2,082,919 Organizations that follow FASB ASC 958, check here X❑ N and complete lines 27, 28, 32, and 33. 27 Net assets without donor restrictions 1,036,785 27 1, 958, 065 28 `—° LL 0 Y m a31 Z32 28 Net assets with donor restrictions . 958, check here Organizations that do not follow FASB El and complete lines 29 through 33. 29 Capital stock or trust principal, or current funds .. . . .. .. . . .... .. . 30 Paid -in or capital surplus, or land, building, or equipmentfund . . .... . . . Retained earnings, endowment, accumulated income, or other funds . .. ... Total net assets or fund balances .. . ... .... .... . . . .... . . . 33 Total liabilities and net assets/fund balances .. .. .. . .. . .... ... 29 30 31 1,036,785 32 1,958,065 2,792,757 33 4,040,984 EEA Form 990(2022) Form 990 (2022) LINO INC. 56-2135792 Page 12 Part XI Reconciliation of Net Assets Check if Schedule O contains a response or note to any line in this Part XI ...................... ❑ 1 Total revenue (must equal Part VIII, column (A), line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 4,026,997 2 3, 105F 717 2 Total expenses (must equal Part IX, column (A), line 25) . . .... . . .. .... . ... . . . ..... . .. 3 921,280 3 Revenue less expenses. Subtract line 2 from line 1 .... . . .... . . . . .. . . . . .. . .. . . ... . 4 1,036,785 4 Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) . . ... .. . . . . . . 5 5 Net unrealized gains (losses) on investments .. ..... . . . .... . . . . . ... . . . . ... . . ... 6 6 Donated services and use of facilities .. . . .. . . .. .. .. . ... .. . . . . . . ... . ... . . . . . 7 7 Investment expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . 8 8 Prior period adjustments .. . ... .. . . ... . .. . . . . . . . . . .. . . . . ... . . .. .... .. 9 0 9 Other changes in net assets or fund balances (explain on Schedule O) . . . . . . . . . . . . . . .. . . . . . . 10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B)) 10 1,958,065 Part XII I Financial Statements and Reporting Check if Schedule O contains a response or note to any line in this Part XII ....................... ❑ Yes No 1 Accounting method used to prepare the Form 990: ❑ Cash ❑X Accrual ❑ Other If the organization changed its method of accounting from a prior year or checked "Other," explain on Schedule O. 2a Were the organization's financial statements compiled or reviewed by an independent accountant? . .. .. . . . . . ... . . 2a X If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both: ❑ Separate basis ❑ Consolidated basis ❑ Both consolidated and separate basis b Were the organizations financial statements audited by an independent accountant? . . . . . . . .. . . . . . . . .. . . . 2b X If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both: X Separate basis ❑ Consolidated basis ❑ Both consolidated and separate basis c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? .. . . . . . . .. . . 2c X If the organization changed either its oversight process or selection process during the tax year, explain on Schedule O. 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F? . . .. . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . 3a X b If "Yes;' did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why on Schedule O and describe any steps taken to undergo such audits 3b EEA Form 990(2022) SCHEDULE A I Public Charity Status and Public Support (Form 990) Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust. Department of the Treasury Internal Revenue Service Name of the organization INC, INC. OMB No. 1545-0047 1 2022 Attach to Form 990 or Form 990-EZ. I Open to Public Go to www.irs.gov1Form990 for instructions and the latest information. ,er identification number 56-2135792 Part I I Reason for Public Charity Status. (All organizations must complete this part.) See instructions. The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.) 1 ❑ A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i). 2 ❑ A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).) 3 ❑ A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii). 4 ❑ A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state: 5 ❑ An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.) 6 ❑ A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v). 7 © An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part 11.) 6 ❑ A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.) 9 ❑ An agricultural research organization described in section 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non -land-grant college of agriculture (see instructions). Enter the name, city, and state of the college or university: 10 ❑ An organization that normally receives: (1) more than 33 V3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions, subject to certain exceptions; and (2) no more than 33 113% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.) 11 ❑ An organization organized and operated exclusively to test for public safety. See section 509(a)(4). 12 ❑ 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). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g. a ❑ Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B. b ❑ Type 11. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C. c ❑ Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E. d ❑ Type III non -functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally mustsatisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V. e ❑ Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non -functionally integrated supporting organization. fEnter the number of supported organizations ..... . .... . . . . .. .. . ... . .. . ... . . . . . . . . . . g Provide the following information about the supported organizations). (i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1-10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions) Yes No (A) (B) (C) (D) (E) Total For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule A (Form 990) 2022 EEA Schedule A (Form 990) 2022 LINC INC. 56-2135792 Page 2 Part 11 Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.) Section A. Public Support Calendar year (or fiscal year beginning in) a 2018 b 2019 c 2020 d) 2021 (e) 2022 Total 1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.') .. . . 259,665 233,669 72,555 72,280 638,169 2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ..... . 3 The value of services or facilities furnished by a governmental unit to the organization without charge .... . 259,665 233,669 72,555 72,280 638,169 4 Total. Add lines 1 through 3 . . . .. 5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .... . 638,169 6 Public support. Subtract line 5 from line 4. Section B. Total Support Calendar year (or fiscal year beginning in) a 2018 b 2019 c 2020 (d) 2021 (e) 2022 Total 259,665 2331 669 72,555 72,280 638,169 7 Amounts from line 4 .. . ... ... . 8 Gross income from interest, dividends, payments received on securities loans, rents, royalties, and income from similar sources .. . . . . .. . . . . 18 2,674 162 6,322 9,176 9 Net income from unrelated business activities, whether or not the business is regularly carried on ........ . 10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ......... . 647,345 11 Total support. Add lines 7 through 10 12 Gross receipts from related activities, etc. (see instructions) .. .... . . . . . .. .. . . . . . 1 121 13 First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here . .. . . . .. . .. .. . . .. .... . ... . . . . . ... . . . Section C. Computation of Public Support Percentage 14 Public support percentage for 2022 (line 6, column (f), divided by line 11, column (f)) . . . . . . 14 98.58 % 15 Public support percentage from 2021 Schedule A, Part II, line 14 . . .. .. . ... .. . . ... 1 151 99.50 % 16a 33 IM support test - 2022. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization ...................... x❑ b 33 V3% support test - 2021. If the organization did not check a box on line 13 or 16a, and line 15 is 331/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization ..................... ❑ 17a 10%-facts-and-circumstances test - 2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the facts -and -circumstances test, check this box and stop here. Explain in Part VI how the organization meets the facts -and -circumstances test. The organization qualifies as a publicly supported organization............................................................. ❑ b 10%-facts-and-circumstances test - 2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the facts -and -circumstances test, check this box and stop here. Explain in Part VI how the organization meets the facts -and -circumstances test. The organization qualifies as a publicly supported organization............................................................. ❑ 18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions ❑ EEA Schedule A (Form 990) 2022 Schedule A (Form 990) 2022 LINC INC. 56-2135792 Page 3 Part Ili Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part 11.) Section A. Public Support Calendar year (or fiscal year beginning in) a 2018 b) 2019 c) 2020 (d) 2021 a 2022 f) Total 1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") 2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose .. . . 3 Gross receipts from activities that are not an unrelated trade or business under section 513 4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ..... . 5 The value of services or facilities furnished by a governmental unit to the organization without charge .... . 6 Total. Add lines 1 through 5 .... . 7a Amounts included on lines 1, 2, and 3 received from disqualified persons b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year c Add lines 7a and 7b .. . .. ... . 8 Public support. (Subtract line 7c from line 6. Section B. Total Support Calendar year (or fiscal year beginning in) (a) 2018 b) 2019 c 2020 (d) 2021 (e) 2022 Total 9 Amounts from line 6 ......... . 10a Gross income from interest, dividends, payments received on securities loans, rents, royalties, and income from similar sources . b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 . . . . . c Add lines 10a and 10b ........ . 11 Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on 12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .......... . 13 Total support. (Add lines 9, 10c, 11, and12.) ................. 14 First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here . ElSection C_ Computation of Public Sunnort Perr_entane 15 Public support percentage for 2022 (line 8, column (f), divided by line 13, column (f)) ...... 15 °/a 16 Public support percentage from 2021 Schedule A, Part 111, line 15 . . . . .. . . . ... . . . 16 °/a Section D. Computation of Investment Income Percentage 17 18 19a b Investment income percentage for 2022 (line 10c, column (% divided by line 13, column (f)) ... 17 Investment income percentage from 2021 Schedule A, Part III, line 17 .............. 18 331/3% support tests - 2022. If the organization did not check the box on line 14, and line 15 is more than 331/3%, and line 17 is not more than 331/3%, check this box and stop here. The organization qualifies as a publicly supported organization 33113% support tests - 2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and Fol line 18 is not more than 33 113%, check this box and stop here. The organization qualifies as a publicly supported organization . . . .. . ❑ 20 Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ... ❑ EEA Schedule A (Form 990) 2022 Schedule A (Form 990) 2022 LINC INC. 56- 2136792 Page 4 Part IV Supporting Organizations (Complete only if you checked a box on line 12 of Part I. If you checked box 12a, Part I, complete Sections A and B. If you checked box 12b, Part I, complete Sections A and C. If you checked box 12c, Part I, complete Sections A, D, and E. If you checked box 12d, Part I, complete Sections A and D, and complete Part V.) Section A. All Supporting Organizations 1 Are all of the organization's supported organizations listed by name in the organization's governing documents? If "ivo," describe in Part VI how the supported organizations are designated. If designated by class or purpose, describe the designation. if historic and continuing relationship, explain. 1 2 Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? if "Yes," explain in Part V► how the organization determined that the supported organization was described in section 509(a)(1) or (2). 2 3a Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below. 3a b Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination. 3b c Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part Vt what controls the organization put in place to ensure such use. 3c 4a Was any supported organization not organized in the United States ("foreign supported organization")? If "Yes," and if you checked 12a or 12b in Part 1, answer lines 4b and 4c below. 4a b Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If "Yes, " describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations. 4b c Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? if "Yes," explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes. 4c 5a Did the organization add, substitute, or remove any supported organizations during the tax year? If "Yes," answer lines 5b and 5c below (if applicable). Also, provide detail in Part Vl, including (i) the names and EiN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document). 5a b Type I or Type 11 only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document? 5b c Substitutions only. Was the substitution the result of an event beyond the organization's control? 5c 6 Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization's supported organizations? If "Yes," provide detail in Part Vt. 6 7 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (as defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If "Yes," complete Part I of Schedule L (Form 990). 7 8 Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? if "Yes," complete Part I of Schedule L (Form 990). 8 9a Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? if "Yes," provide detail in Part Vt. 9a b Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If "Yes," provide detail in Part Vt. 9b c Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If "Yes," provide detail in Part Vl. 9c 10a Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non -functionally integrated supporting organizations)? If "Yes," answer 10b below. 10a b Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings.) 10b Yesl No EEA Schedule A (Form 990) 2022 Schedule A (Form 990) 2022 LINC INC. 56-2135792 Page Part IV Supporting Organizations continued Yes No 11 Has the organization accepted a gift or contribution from any of the following persons? a A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization? 11a b A family member of a person described on line 11a above? 11b c A 35% controlled entity of a person described on 11a or 11b above? If "Yes" to line 11a, 11b, or 11c, provide detail in Part Vl. 11c Section B. Type I Supporting Organizations Yes No 1 Did the governing body, members of the governing body, officers acting in their official capacity, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization's officers, directors, or trustees at all times during the tax year? If "No," describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization's activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove officers, directors, or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year. 1 2 Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If "Yes," explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised, or controlled the supporting organization. 1 2 Section C. Type II Supporting Organizations Yes I No 1 Were a majority of the organization's directors or trustees during the tax year also a majority of the directors or trustees of each of the organization's supported organization(s)? If "No," describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s). 1 Section D. All Type III Supporting Organizations No 1 Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization's tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization's governing documents in effect on the date of notification, to the extent not previously provided? Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s). By reason of the relationship described in line 2, above, did the organization's supported organizations have a significant voice in the organization's investment policies and in directing the use of the organization's income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization's supported organizations played in this regard. Section E. Type III 1 Check the box next to the method that the organization used to satisfy the integral Part Test during the year (see instructions). a ❑ The organization satisfied the Activities Test. Complete line 2 below. b ❑ The organization is the parent of each of its supported organizations. Complete line 3 below. C ❑ The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions). 2 Activities Test. Answer lines 2a and 2b below. Yes No a Did substantially all of the organization's activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes,"then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities. 2a b Did the activities described on line 2a, above, constitute activities that, but for the organization's involvement, one or more of the organization's supported organization(s) would have been engaged in? If "Yes," explain in Part Vl the reasons for the organization's position that its supported organization(s) would have engaged in these activities but for the organization's involvement. 2b 3 Parent of Supported Organizations. Answer lines 3a and 3b below. a Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? If "Yes" or "No," provide details in Part Vl. 3a b Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each of its supported organizations? If "Yes," describe in Part VI the role Waved by the organization in this regard. 3b EEA Schedule A (Form 990) 2022 Schedule A (Form 990) 2022 LINC INC. bb-Z13bfuz rage b JPartVJ Type III Non -Functionally Integrated 509(a)(3) Supporting Organizations 1 ❑ Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non -functionally integrated supporting organizations must complete Sections A through E. Section A - Adjusted Net Income (A) Prior Year (B) Current Year (optional) 1 Net short-term capital gain 1 2 Recoveries of prior -year distributions 2 3 Other gross income see instructions) 3 4 Add lines 1 through 3. 4 5 Depreciation and depletion 5 6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income see instructions 6 7 Other expenses (see instructions) 7 8 Adjusted Net Income subtract lines 5, 6, and 7 from line 4 8 Section B - Minimum Asset Amount (A) Prior Year (B) Current Year o tional 1 Aggregate fair market value of all non -exempt -use assets (see instructions for short tax year or assets held for part of year): a Average monthly value of securities 1a b Average monthly cash balances 1b c Fair market value of other non -exempt -use assets 1c d Total (add lines la, 1b, and 1c) 1d e Discount claimed for blockage or other factors (explain in detail in Part VI): 2 Acquisition indebtedness applicable to non -exempt -use assets 2 3 Subtract line 2 from line 1d. 3 4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4 5 Net value of non -exempt -use assets (subtract line 4 from line 3) 5 6 Multiply line 5 by 0.035. 6 7 Recoveries of prior -year distributions 7 8 Minimum Asset Amount add line 7 to line 6 8 Section C - Distributable Amount Current Year 1 Adjusted net income for prior year from Section A, line 8, column A) 1 2 Enter 0.85 of line 1. 2 3 Minimum asset amount for prior year from Section B, line 8, column A) 3 4 Enter greater of line 2 or line 3. 4 5 Income tax imposed in prior year 5 6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction see instructions). 6 7 ❑ Check here if the current year is the organization's first as a non -functionally integrated Type III supporting organization (see instructions). EEA Schedule A (Form 990) 2022 Schedule A (Form 990) 2022 LINC INC. 56-2135792 Page 7 Part V I Type III Non -Functionally Integrated 509(a)(3) Supporting Organizations (continued) Section D - Distributions Current Year 1 Amounts paid to supported organizations to accomplish exempt purposes 1 2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity 2 3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3 4 Amounts paid to acquire exempt -use assets 4 5 Qualified set -aside amounts (prior IRS approval required) - provide details in Part Vt) 5 6 Other distributions (describe in Part VI). See instructions. 6 7 Total annual distributions. Add lines 1 through 6. 7 8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions. 8 9 Distributable amount for 2022 from Section C, line 6 9 10 Line 8 amount divided by line 9 amount 110 Section E - Distribution Allocations (see instructions) Excess Distributions Underdistributions Pre-2022 Distributable Amount for 2022 1 Distributable amount for 2022 from Section C, line 6 2 Underdistributions, if any, for years prior to 2022 (reasonable cause required - explain in Part W). See instructions. 3 Excess distributions carryover, if any, to 2022 a From 2017 b From 2018 c From 2019 d From 2020 e From 2021 f Total of lines 3a through 3e Applied to underdistributions of prior years h Applied to 2022 distributable amount i Carryover from 2017 not applied (see instructions Remainder. Subtract lines 3 , 3h, and 3i from line 3f. 4 Distributions for 2022 from Section D, line 7: $ a Applied to underdistributions of prior years b Applied to 2022 distributable amount c Remainder. Subtract lines 4a and 4b from line 4. 5 Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. For result greater than zero, explain in Part Vt. See instructions. 6 Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. For result greater than zero, explain in Part Vt. See instructions. 7 Excess distributions carryover to 2023. Add lines 3j and 4c. 8 Breakdown of line 7: a Excess from 2018 b Excess from 2019 c Excess from 2020 d Excess from 2021 e Excess from 2022 EEA Schedule A (Form 990) 2022 Schedule A (Form 990) 2022 Page 8 Part V11 Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a, and 3b; Part V, line 1; Part V, Section B, line le; Part V, Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions.) EEA Schedule A (Form 990) 2022 SCHEDULE D Supplemental Financial Statements OMB No. 1545-0047 (Form 990) Complete if the organization answered "Yes" on Form 990, 2022 Part IV, line 6, 7, 8, 9,10,11a,11b,11c,11d, Ile, 11f,12a, or 12b. Department of the Treasury Attach to Form 990. Open to Public Internal Revenue Service Go to wwwdrs. ov1Form990 for instructions and the latest information. Inspection Name of the organization Employer identification number LILAC, INC. 56-2135792 Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6. (a) Donor advised funds (b) Funds and other accounts 1 Total number at end of year . . .... .. . . . .. . 2 Aggregate value of contributions to (during year) ... . 3 Aggregate value of grants from (during year) .. . . . 4 Aggregate value at end of year . . .. . . . . . . . . 5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization's property, subject to the organization's exclusive legal control? .. .. . . . . . . . . .. . . ❑ Yes ❑ No 6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose GUI I1W 111 ly 111 Y.JCI I n1JWIJ= rlI IVQIC UCI ICUIS 1_d IJ Part 11 1 Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7. 1 Purpose(s) of conservation easements held by the organization (check all that apply). ❑ Preservation of land for public use (for example, recreation or education) ❑ Preservation of a historically important land area ❑ Protection of natural habitat ❑ Preservation of a certified historic structure ❑ Preservation of open space 2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year. Held at the End of the Tax Year a Total number of conservation easements . . . . . . . . . . . . . . . . .. . . . . . . . . . .. . . . 2a b Total acreage restricted by conservation easements .. . . .. .... .... . . . . .. . .. . . . 2b c Number of conservation easements on a certified historic structure included in (a) . . . . . . . .. . . . 2c d Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2d 3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax year 4 Number of states where property subject to conservation easement is located 5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? . . .. .. . . . . .. . .. . . . . . .. . . .. . ❑ Yes ❑ No 6 Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year 7 Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year 8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(13)(i) and section 170(h)(4)(B)(ii)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ❑ Yes ❑ No 9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement and balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for conservation easements. Part III I Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the organization answered "Yes" on Form 990, Part IV, line 8. 1a If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide in Part XIII the text of the footnote to its financial statements that describes these items. b If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items: (i) Revenue included on Form 990, Part Vill, line 1 . ..... .. . . .. . . .... . .. .. ... .... . $ (ii) Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . $ 2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the following amounts required to be reported under FASB ASC 958 relating to these items: a Revenue included on Form 990, Part Vlll, line 1 . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . $ b Assets included in Form 990, Part X . . ... . . .. .. . . . .... . . . . ... . . .. ... .. .. .. . $ For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2022 EEA Schedule D (Form 990) 2022 LILAC, INC. 56-2135792 Page 2 Part III I Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 3 Using the organization's acquisition, accession, and other records, check any of the following that make significant use of its collection items (check all that apply): a ❑ Public exhibition d ❑ Loan or exchange program b ❑ Scholarly research e ❑ Other c ❑ Preservation for future generations 4 Provide a description of the organization's collections and explain how they further the organizatiods exempt purpose in Part XIII. 5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets to be sold to raise funds rather than to be maintained as part of the or anization's collection? ❑ Yes No Part IV Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. 1a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X? . . . . . . . . . . . . . . . . .. . . . . . .. . . . . . . .. . . . . . . . . . . . . ❑ Yes ❑ No b If "Yes;' explain the arrangement in Part XIII and complete the following table: Amount cBeginning balance . . ... . ... . . . . . . .. . .. .. .. . . .. . . . ..... . . 1c d Additions during the year . .. . .. .... .... . . . . .... . ... .... .... . 1d e Distributions during the year .. . . . . . .. . .. .. ... ... .. .... .. . . .. . 1e f Ending balance . ... .. .... . . . . . . . .. ... . . .. .... ... . . . . . . . 1f 2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? . . . . . . . . ❑ Yes ❑ No b If "Yes;' explain the arrangement in Part XIII. Check here if the explanation has been provided on Part XIII ❑ Part V Endowment Funds. Comnlete if the nrnanization answered "Yes" on Form 990_ Part IV_ line 10_ 1a Beginning of year balance . . . . . . b Contributions . . ... . . . . . .. . c Net investment earnings, gains, and losses. . ... . .. .. . . . . . . d Grants or scholarships . . .. . . . . e Other expenditures for facilities and programs . . ... .. ....... . f Administrative expenses .. . .. . . g End of year balance . . . . . . .. . (a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back 2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as: a Board designated or quasi -endowment % b Permanent endowment % c Term endowment % The percentages on lines 2a, 2b, and 2c should equal 100%. 3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by: Yes No () Unrelated organizations . . .. .. . . .. . ... ... . . . . . .. . . . . .. . . . ..... . . .. . . .. 3a(i) (i) Related organizations . . .. . .. . . . .. .. .... . .. . .. . . . . .. . . . . .... . . .. . .. . . . 3a(ii) b If "Yes" on line 3a(ii), are the related organizations listed as required on Schedule R?.. . ... .. . . .... . . . . . 3b 4 Describe in Part XIII the intended uses of the or anization's endowment funds. Part VI Land, Buildings, and Equipment. Comnlete if the organization answered "Yes" on Form 990. Part IV. line 11a_ See Fnrm 990_ Part X_ line 10_ Description of property (a) Cost or other basis (investment) (b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value 1a Land . .. ... .. . .. .. .. . .. . b Buildings ... . .. . ... . ... ... c Leasehold improvements .. . . . . .. . d Equipment .. . ... . . . . . . . . .. e Other . . ... . .. . . . . . S1;MD16 . 280,198 280,198 1,718,789 321 028 1,397,761 141, 307 143,487 2,180 111 134 111,134 Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10c. 1 786 913 EEA Schedule D (Form 990) 2022 Schedule D (Form 990) 2022 LINO INC. 56-2135792 Page 3 Part VII I Investments - Other Securities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12. (a) Description of security or category (including name of security) (b) Book value (c) Method of valuation: Cost or end -of -year market value (1) Financial derivatives ...... .. ... . . . .... . . .. . . . . (2) Closely -held equity interests . . .. . . . ... . . .. . . . . ... . (3) Other (A) (B) C) (D) (E) (F) (G) (H) Total. (Column b must equal Form 990, Part X, col. (B) line 12.). . Part Vill Investments - Program Related. Complete if the organization answered "Yes" on Form 990, Part IV, line 11c. See Form 990, Part X, line 13. (a) Description of investment - (b) Book value (c) Method of valuation: Cost or end -of -year market value (1) (2) (3) (4) (5) (6) (7) (S) (9) Total. (Column b must equal Form 990, Part X, col. B) line 13.. . Part IX Other Assets. Complete if the organization answered "Yes" on Form 990, Part IV, line 11d. See Form 990, Part X, line 15. (a) Description I (b) Book value Total. (Column b) must equal Form 990, Part X, col. B line 15. . Part X I Other Liabilities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25. 2. Liability for uncertain tax positions. In Part X111, provide the text of the footnote to the organizations financial statements that reports the organization's liability for uncertain tax positions under FASB ASC 740. Check here if the text of the footnote has been provided in Part XIII. . ❑ EEA Schedule D (Form 990) 2022 SCHEDULE O Supplemental Information to Form 990 or 990-EZ (Form 990) Complete to provide information for responses to specific questions on Form 990 or 990-EZ or to provide any additional information. OMB No. 1545-0047 1 2022 Department of the Treasury Attach to Form 990 or Form 990-EZ. Open to Public Internal Revenue Service Go to wwwJrs.gov1Form990 for the latest information. I Inspection Name of the organization Employer identification number LINO, INC. 56-2135792 01. Form 990 governing body review (Part VI, line 11) THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE FILING WITH THE IRS 02. Governing documents, etc, available to public (Part VI, line 19) ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule o (Form 990) 2022 EEA