2024-11-07T10:15:48-08:00 2023-12-31 561688300 Foard and Company PA 1347 Harding Place Charlotte NC 28204 990 2023-01-01 205822618 The Loss Prevention Foundation LOSS 7045422397 128 Fast Lane Suite 203 Mooresville NC 28117 Caroline Kochmann President 2024-11-07 true true Garrett Summers P02001620 7043721515 2023 2024-10-15 13:58:12Z Caroline Kochmann 128 Fast Lane Suite 203 Mooresville NC 28117 3769952 false X www.losspreventionfoundation.org X 2006 NC A non-profit foundation created for the benefit and advancement of the loss prevention community primarily through education 30 30 7 150 0 0 2598914 3510538 0 108725 130880 2707639 3641418 0 0 1251730 1127158 0 317925 1251458 1499129 2503188 2626287 204451 1015131 1731609 2573014 509320 335594 1222289 2237420 A non-profit foundation created for the benefit and advancement of the loss prevention community primarily through education false false 1045899 903208 Published Loss Prevention Magazine and Newletter to provide new information and educational content for loss prevention professionals. 905197 2607330 Provided certification courses and training to members and other benefits to the loss prevention community. 1951096 false false false false false false false false false true false false true false false true false false false false false false false true false false false false true false false false false false false false false false false false false false false true 11 0 true 7 true false false false false false false false false X 30 30 false false false false true false false true true false false false true true true false false true false false X Caroline Kochmann 6312350931 33 Walt Whitman Rd Suite 233W Huntington Station NY 11746 Stefanie Hoover VP & Chief Editor 40.00 0.00 183600 0 0 Caroline Kochmann President 40.00 0.00 X 147478 0 0 Mathew Schriner Director 40.00 0.00 128887 0 0 Paul Mello Diretor 40.00 0.00 125875 0 0 Oscar Arango Member 0.50 0.00 X 0 0 0 Jason Coren Member 0.50 0.00 X 0 0 0 James Cosseboom Member 0.50 0.00 X 0 0 0 Scott Draher Member 0.50 0.00 X 0 0 0 Leo Anguiano Member 0.50 0.00 X 0 0 0 Karen Edwards Member 0.50 0.00 X 0 0 0 Alisa Dart Member 0.50 0.00 X 0 0 0 Scott Glenn Treasurer 1.50 0.00 X X 0 0 0 Paul Jaeckle Member 0.50 0.00 X 0 0 0 Paul Jones Vice Chairman 1.50 0.00 X X 0 0 0 Cita Doyle Member 0.50 0.00 X 0 0 0 Lisa LaBruno Member 0.50 0.00 X 0 0 0 Robert Lacommare Member 0.50 0.00 X 0 0 0 Nadine Lajeune Member 0.50 0.00 X 0 0 0 Mike Lamb Member 0.50 0.00 X 0 0 0 Jim Lee Member 0.50 0.00 X 0 0 0 Mike Limauro Member 0.50 0.00 X 0 0 0 David Lund Member 0.50 0.00 X 0 0 0 Allan Watters Member 0.50 0.00 X 0 0 0 Kevin McMenimen Member 0.50 0.00 X 0 0 0 Joe Metro Member 0.50 0.00 X 0 0 0 Christyn Keef Member 0.50 0.00 X 0 0 0 Rick Peck Member 0.50 0.00 X 0 0 0 Ken Peschier Member 0.50 0.00 X 0 0 0 Meredith Plaxco Member 0.50 0.00 X 0 0 0 Sue Read Member 0.50 0.00 X 0 0 0 Ned McCauley Member 0.50 0.00 X 0 0 0 Tina Sellers Member 0.50 0.00 X 0 0 0 Kris Vece Member 0.50 0.00 X 0 0 0 Mark Stinde Chairman 1.50 0.00 X X 0 0 0 585840 4 false true false 0 0 Certification Income 611430 1635581 1635581 Certification package 611430 971749 971749 Conferences 611430 Magazine 513120 780254 780254 Membership Dues & Assessments 611430 122954 122954 3510538 0 0 0 0 0 241349 128534 112815 0 0 Other 900099 18065 18065 18065 3641418 3528603 0 0 0 0 147478 66818 37975 42685 0 848561 401320 211035 236206 0 55577 26121 13894 15562 75542 35504 18886 21152 0 0 0 0 0 0 244421 172012 72409 3661 3661 0 0 0 0 112878 111007 1871 0 1048 1048 0 0 63127 63127 224 224 Cost of goods sold 692904 692904 Sales Commissions 100606 100606 Courses 99801 99801 Supplies 48145 37255 10890 132314 78443 51551 2320 2626287 1826500 481862 317925 918513 1660205 0 0 271914 406449 0 0 0 0 8860 33129 13683 3372 19446 0 0 0 0 537810 478054 1731609 2573014 105841 129865 346229 205729 57250 509320 335594 X 1222289 2237420 1222289 2237420 1731609 2573014 1015131 X false true X true false 33129 13683 19446 19446 Goodwill 478054 478054 3642857 3642857 -1439 -1439 3641418 2627726 1439 1439 2626287 2626287 Part XII, Line 2d: Other expenses and losses per audited F/S Special Event Expenses $1439 false WEBINAR 115550 115550 FALL MEETING 70299 70299 125594 1 53500 53500 440 239349 239349 126034 126034 113315 X false false false Stefanie Hoover VP & Chief Editor 183600 183600 Jim Lee Board member Purchase of magazine false Schedule L, Part V Supplemental Information On January 27, 2022, the Foundation acquired certain assets of the Magazine for $600,000, which was owned by Jim Lee, a board member of the Foundation. Form 990, Part VI, Section A, Line 6 In addition to the Board of Directors, the organization has members, but they are non-electing members. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the Foundation's president and the volunteer who maintains the books and records of the organization. It is available to any board member upon request. Form 990, Part VI, Section B, Line 12c In the "Board of Directors Code of Conduct" there is a written section regarding conflict of interest. The "Code of Conduct" is handed out at each Board of Directors meeting and required to be signed one time by each board member. The Foundation has been monitoring the conflict of interest policy and intends to make it the responsibility of the audit committee to further monitor it. Form 990, Part VI, Section B, Line 15a The executive committee reviews and approves the officer's compensation. A performance review is held twice a year. Form 990, Part VI, Section C, Line 19 Available upon request