L B Foundation Inc
Only null% goes to programs Growing revenue
L B Foundation Inc is a 501(c)(3) organization based in Bal Harbour, Florida, registered in 1999, with $75,926 in FY2024 revenue. CharityIndex grades it C.
10101 Collins Ave Apt 10b, Bal Harbour, FL, 33154 EIN 65-0799910 Since 1999
Revenue (FY2024)
$76K
▲ 32.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$82K
Net assets
$7,987
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L B Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L B Foundation Inc: 1 mo reserves · -8% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L B Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L B Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10101 Collins Ave Apt 10b, Bal Harbour, FL, 33154
- City
- Bal Harbour
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $9,864 (FY2013) to $76K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7,987
Operating margin
-8.2%
Spent more than it raised in the latest fiscal year.
Total assets
$7,987
Total liabilities
$0
Net assets
$7,987
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $75,926▲32.7% | $82,133▲105% | $7,987▼77.6% | $7,987▼77.6% | 990PF |
| 2023 | $57,228▲222% | $40,089▼24.1% | $35,614▼1.9% | $35,614▼1.9% | 990PF |
| 2022 | $17,799▲961% | $52,834▲2984% | $36,305▼49.1% | $36,305▼49.1% | 990PF |
| 2021 | $1,677▼10.0% | $1,713▼12.7% | $71,340▼0.1% | $71,340▼0.1% | 990PF |
| 2020 | $1,863▼85.7% | $1,962▲8.6% | $71,376▼0.1% | $71,376▼0.1% | 990PF |
| 2019 | $13,044▲550% | $1,806▼17.5% | $71,475▲18.7% | $71,475▲18.7% | 990PF |
| 2018 | $2,006▲12.6% | $2,189▲26.1% | $60,237▼0.3% | $60,237▼0.3% | 990PF |
| 2017 | $1,782▼96.7% | $1,736▼47.9% | $60,420▲6.5% | $60,420▲6.5% | 990PF |
| 2016 | $53,758▲7461% | $3,330▲1393% | $56,753▲471% | $56,753▲471% | 990PF |
| 2015 | $711▼24.7% | $223▼97.5% | $9,946▲5.2% | $9,946▲5.2% | 990PF |
| 2014 | $944▼90.4% | $8,967▼35.0% | $9,458▼45.9% | $9,458▼45.9% | 990PF |
| 2013 | $9,864 | $13,798▼62.9% | $17,481▼18.4% | $17,481▼18.4% | 990PF |
| 2012 | — | $37,199 | $21,415 | $21,415 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is L B Foundation Inc a legitimate nonprofit?
- Yes. L B Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0799910, based in Bal Harbour, Florida. Donations are tax-deductible.
- What is L B Foundation Inc's EIN?
- L B Foundation Inc's Employer Identification Number (EIN) is 65-0799910.
- How much revenue does L B Foundation Inc report?
- L B Foundation Inc reported $75,926 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L B Foundation Inc have?
- CharityIndex grades L B Foundation Inc C, based on financial health (reserves and operating margin).
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Data for L B Foundation Inc (EIN 65-0799910) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.