Civic Intelligence

Lb Homes Foundation Inc.

990EZ • Fiscal year 2022 • EIN 20-4760841

May 01, 2021 to Apr 30, 2022 • Filed on Mar 07, 2024

824 South Sheridan StFergus Falls, MN 56537

(218) 998-1400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

77th percentile

30%

Faster asset growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-51%

Faster revenue growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$162,458

Up $37,435 (+30%) from 2021

Net Assets

Up

$162,458

Up $37,560 (+30%) from 2021

Liabilities

Down

$0

Down $125 (-100%) from 2021

Revenue

Down

$70,488

Down $73,054 (-51%) from 2021

Expenses

Down

$32,928

Down $238,691 (-88%) from 2021

Net Income

Up

$37,560

Up $165,637 (+129%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $224,319Liabilities 2010: $60,046Net Assets 2010: $164,2732010Assets 2011: $258,042Liabilities 2011: $152,652Net Assets 2011: $105,3902011Assets 2012: $291,592Liabilities 2012: $8,522Net Assets 2012: $283,0702012Assets 2013: $437,817Liabilities 2013: $0Net Assets 2013: $437,8172013Assets 2014: $471,194Liabilities 2014: $0Net Assets 2014: $471,1942014Assets 2015: $618,342Liabilities 2015: $8,140Net Assets 2015: $610,2022015Assets 2016: $501,594Liabilities 2016: $24,829Net Assets 2016: $476,7652016Assets 2017: $489,333Liabilities 2017: $61,048Net Assets 2017: $428,2852017Assets 2018: $298,168Liabilities 2018: $78,858Net Assets 2018: $219,3102018Assets 2019: $228,658Liabilities 2019: $125Net Assets 2019: $228,5332019Assets 2020: $254,876Liabilities 2020: $1,901Net Assets 2020: $252,9752020Assets 2021: $125,023Liabilities 2021: $125Net Assets 2021: $124,8982021Assets 2022: $162,458Liabilities 2022: $0Net Assets 2022: $162,4582022Assets 2023: $15,280Liabilities 2023: $0Net Assets 2023: $15,2802023Assets 2024: $23,196Liabilities 2024: $0Net Assets 2024: $23,1962024Assets 2025: $183,602Liabilities 2025: $0Net Assets 2025: $183,6022025

Highlighted filing

2022

Assets$162,458
Liabilities$0
Net Assets$162,458

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200K-$400KExpenses 2010: $409,2372010Expenses 2011: $347,2492011Revenue 2012: $221,551Expenses 2012: $43,871Net Income 2012: $177,6802012Revenue 2013: $298,013Expenses 2013: $143,266Net Income 2013: $154,7472013Revenue 2014: $69,444Expenses 2014: $36,067Net Income 2014: $33,3772014Revenue 2015: $160,313Expenses 2015: $21,305Net Income 2015: $139,0082015Revenue 2016: $187,287Expenses 2016: $320,724Net Income 2016: -$133,4372016Revenue 2017: $446,673Expenses 2017: $495,153Net Income 2017: -$48,4802017Revenue 2018: $106,483Expenses 2018: $315,458Net Income 2018: -$208,9752018Revenue 2019: $111,514Expenses 2019: $102,291Net Income 2019: $9,2232019Revenue 2020: $106,636Expenses 2020: $78,480Net Income 2020: $28,1562020Revenue 2021: $143,542Expenses 2021: $271,619Net Income 2021: -$128,0772021Revenue 2022: $70,488Expenses 2022: $32,928Net Income 2022: $37,5602022Revenue 2023: $88,394Expenses 2023: $13,689Net Income 2023: $74,7052023Revenue 2024: $14,921Expenses 2024: $7,005Net Income 2024: $7,9162024Revenue 2025: $161,534Expenses 2025: $1,128Net Income 2025: $160,4062025

Highlighted filing

2022

Revenue$70,488
Expenses$32,928
Net Income$37,560
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Mar 7, 2024
Return Version
2021v4.2
Gross Receipts
$70,488
Mission and Program Overview

Mission

To support the mission of LB Homes: to provide Chirst-centered senior care and living.

Program Services

DescriptionGrantsExpenses
The organization conducts a Camp Emily, a one day children's bereavement program that supports youth in their grieving process. The bereavement social workers offer compassionate support and education to those feeling pain over the loss of a loved one. The organization provides literature, individual home visits, and grief support groups. If a person needs further support, the organizations helps them find additional resources as well as refer them to other professionals when necessary.$13,088$22,115
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leland RognessChairman/President-$0--
Tom MolineVice Chairman-$0--
Ron FuhrmanSecretary-$0--
Gaylord FolderDirector-$0--
Paul LarsonDirector-$0--
John AustinDirector-$0--
Filing and Contact Details

Filer

Filer Name
LB Homes Foundation Inc
EIN
20-4760841
Phone
2189981400
Address
824 South Sheridan St, Fergus Falls, MN 56537

Signing Officer

Name
Leland Rogness
Title
Chairman/President
Phone
2189981400
Signed
2024-03-07
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly LLP
Address
1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest Income. Amount: 3.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Grants less than $1,000 each. Grantee Name: Grants less than $5,000 each. Amount Given: 1,105.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Cycling Without Age. Grantee Name: Cycling Without Age. Grantee Address: 815 South Cascade Street Fergus Falls, MN 56537. Amount Given: 11,983. Total included on Form 990-EZ, line 10: 13,088.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Camp Emily Expense. Amount: 9,027. Description: Investment Expense. Amount: 5,884. Description: Office Supplies. Amount: 2,844. Description: MN Filing Fee. Amount: 25. Total to Form 990-EZ, line 16: 17,780.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Securities - Investment. Beg. of Year Amount: 106,370. End of Year Amount: 103,835.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: . Beg. of Year Amount: 125. End of Year Amount: 0.

Raw XML Appendix184 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0824 South Sheridan St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fergus Falls
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Leland Rogness
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tom Moline
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ron Fuhrman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Gaylord Folder
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Paul Larson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5John Austin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman/President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0106370
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0103835
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017780
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To support the mission of LB Homes: to provide Chirst-centered senior care and living.
IRS990EZ/PrintingPublicationsPostageAmt010
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization conducts a Camp Emily, a one day children's bereavement program that supports youth in their grieving process. The bereavement social workers offer compassionate support and education to those feeling pain over the loss of a loved one. The organization provides literature, individual home visits, and grief support groups. If a person needs further support, the organizations helps them find additional resources as well as refer them to other professionals when necessary.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013088
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022115
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalProgramServiceExpensesAmt022115
IRS990EZ/TotalRevenueAmt070488
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.lbhomes.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070485
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0110686
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IRS990ScheduleA/TotalSupportAmt0580045
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: Grants less than $1,000 each. Grantee Name: Grants less than $5,000 each. Amount Given: 1,105.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Classification: Cycling Without Age. Grantee Name: Cycling Without Age. Grantee Address: 815 South Cascade Street Fergus Falls, MN 56537. Amount Given: 11,983. Total included on Form 990-EZ, line 10: 13,088.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Camp Emily Expense. Amount: 9,027. Description: Investment Expense. Amount: 5,884. Description: Office Supplies. Amount: 2,844. Description: MN Filing Fee. Amount: 25. Total to Form 990-EZ, line 16: 17,780.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: Securities - Investment. Beg. of Year Amount: 106,370. End of Year Amount: 103,835.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: . Beg. of Year Amount: 125. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Leland Rogness
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman/President
ReturnHeader/BusinessOfficerGrp/PhoneNum02189981400
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LB Homes Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0LBHO
ReturnHeader/Filer/EIN0204760841
ReturnHeader/Filer/PhoneNum02189981400
ReturnHeader/Filer/USAddress/AddressLine1Txt0824 South Sheridan St
ReturnHeader/Filer/USAddress/CityNm0Fergus Falls
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056537
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eide Bailly LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01730 Burnt Boat Loop Ste 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bismarck
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0585030886
ReturnHeader/PreparerPersonGrp/PhoneNum07012551091
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa Chaffee CPA
ReturnHeader/ReturnTs02024-03-13T11:06:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Leland
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Rogness
ReturnHeader/TaxPeriodBeginDt02021-05-01
ReturnHeader/TaxPeriodEndDt02022-04-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$1.62$0.01$1.60
2024Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.15$0.07$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.88$0.14$0.75
2022Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.70$0.33$0.38
2021Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.44$2.72$1.28
2020Detailed filing. Detailed filing data is available for this year.$2.55$0.02$2.53$1.07$0.78$0.28
2019Summary only. Only limited summary data is available for this year.$2.29$0.00$2.29$1.12$1.02$0.09
2018Summary only. Only limited summary data is available for this year.$2.98$0.79$2.19$1.06$3.15$2.09
2017Summary only. Only limited summary data is available for this year.$4.89$0.61$4.28$4.47$4.95$0.48
2016Summary only. Only limited summary data is available for this year.$5.02$0.25$4.77$1.87$3.21$1.33
2015Summary only. Only limited summary data is available for this year.$6.18$0.08$6.10$1.60$0.21$1.39
2014Summary only. Only limited summary data is available for this year.$4.71$0.00$4.71$0.69$0.36$0.33
2013Summary only. Only limited summary data is available for this year.$4.38$0.00$4.38$2.98$1.43$1.55
2012Summary only. Only limited summary data is available for this year.$2.92$0.09$2.83$2.22$0.44$1.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$1.53$1.05$3.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.60$1.64$4.09