Public Charity

Local Initiative for Transformation - WC Inc

Local Initiative for Transformation - WC Inc is a Public Charity headquartered in Webster City, IA. Financial data from the 2025 filing: $897K revenue, $721K expenses, $255K total assets. 9 publicly reported grants to this organization, totaling roughly $149K, appear in IRS filings.

EIN: 834220326 Webster City, IA Community Improvement & Capacity Building N.E.C. NTEE: S99 Latest filing: 2025
Total Revenue$897K
Total Expenses$721K
Total Assets$255K
Grant Records9
Funding Total$149K
Filing Years2021–2025

Mission

Rehabbing a historic building with the hope of using said space for acommunity space in the future. Said building once rehabbed will servethe whole community of 8000 people.

Sample Grants Received

2023
FOR PINNACLE INDOOR SPORTS MARKET STUDY INITIAL PAYMENT - THE DUB SPORTS PARK FUND
$7,500
2022
GENERAL SUPPORT
$20,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

President Darcy Swon
Director Jacob Pulis
Director John Hawkins
Vice President Lindsay Henderson
Secertary Shannon Swon
Treasurer Zachary S Chizek

Officer compensation and complete director data available with membership.

Top Grant Purposes

GRANT DISTRIBUTION
$104,518 5 grants
GENERAL SUPPORT
$20,000 1 grant
GRANT DISTRIBUTION - RDG
$13,000 1 grant
FOR PINNACLE INDOOR SPORTS MARKET STUDY INITIAL PAYMENT - THE DUB SPORTS PARK FUND
$7,500 1 grant
GRANT DISTRIBUTION FOR PROJECT EXPENSES
$3,783 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $897K $721K $255K
2024 $961K $949K $79K
2023 $109K $128K $66K
2022 $80K $44K $85K
2021 $41K $38K $49K

Between 2021 and 2025, reported annual revenue grew from $41K to $897K (+2062%), with total assets most recently reported at $255K.

Interactive year-over-year charts and full filing details available with membership.

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