Civic Intelligence

Lb Homes Foundation Inc.

990EZ • Fiscal year 2024 • EIN 20-4760841

May 01, 2023 to Apr 30, 2024 • Filed on Mar 17, 2025

Organization Profilewww.lbhomes.org
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

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

85th percentile

52%

Faster asset growth than 85% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-83%

Faster revenue growth than 4% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$23,196

Up $7,916 (+52%) from 2023

Net Assets

Up

$23,196

Up $7,916 (+52%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin91st percentile

Revenue

Down

$14,921

Down $73,473 (-83%) from 2023

Expenses

Down

$7,005

Down $6,684 (-49%) from 2023

Net Income

Down

$7,916

Down $66,789 (-89%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

2024

Assets$23,196
Liabilities$0
Net Assets$23,196
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

2024

Revenue$14,921
Expenses$7,005
Net Income$7,916
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Mar 17, 2025
Return Version
2023v6.0
Gross Receipts
$14,921
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.$0$150
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leland RognessChairman/President-$0--
Tom MolineVice Chairman-$0--
John AustinSecretary/Treasurer-$0--
Gaylord FolderDirector-$0--
Paul LarsonDirector-$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
2025-03-17
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly LLP
Address
4585 Coleman St Ste 200, Bismarck, ND 58503
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

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

“Description: Interest Income. Amount: 33.”

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

“Description: Supplies. Amount: 100. Description: License & Dues. Amount: 50. Total to Form 990-EZ, line 16: 150.”

Raw XML Appendix154 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0Heather Hickman
IRS990EZ/BooksInCareOfDetail/PhoneNum02189981400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0824 South Sheridan St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fergus Falls
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056537
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015280
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023196
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt014888
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt07916
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06855
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015280
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023196
IRS990EZ/GrossReceiptsAmt014921
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt033
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015280
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023196
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015280
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023196
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Leland Rogness
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tom Moline
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Austin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Gaylord Folder
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Paul Larson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman/President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0150
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To support the mission of LB Homes: to provide Chirst-centered senior care and living.
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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0150
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt07005
IRS990EZ/TotalProgramServiceExpensesAmt0150
IRS990EZ/TotalRevenueAmt014921
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.lbhomes.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt014888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt088330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt070485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0126585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0110686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0410974
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt064
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016957
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017057
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67430
IRS990ScheduleA/PublicSupportPY170Pct00.72590
IRS990ScheduleA/PublicSupportTotal170Amt0288618
IRS990ScheduleA/SubstantialContributorsTotAmt0122356
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt014888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt088330
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt070485
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0126585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110686
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0410974
IRS990ScheduleA/TotalSupportAmt0428031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 33.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Supplies. Amount: 100. Description: License & Dues. Amount: 50. Total to Form 990-EZ, line 16: 150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Leland Rogness
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman/President
ReturnHeader/BusinessOfficerGrp/PhoneNum02189981400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-17
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/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eide Bailly LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04585 Coleman St Ste 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bismarck
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058503
ReturnHeader/PreparerPersonGrp/PhoneNum07012551091
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa Chaffee CPA
ReturnHeader/ReturnTs02025-03-17T15:24:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-05-01
ReturnHeader/TaxPeriodEndDt02024-04-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,196
Liabilities
$0
Net assets
$23,196
Revenue
$14,921
Expenses
$7,005
Net income
$7,916
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