Civic Intelligence

Bobby Labonte Foundation Inc.

990EZ • Fiscal year 2023 • EIN 36-4898697

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 20, 2024

Organization Profilewww.bobbylabontefoundation.org
265 Eastchester Drive 133High Point, NC 27262

(336) 918-5719

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

75th percentile

31%

Higher net margin than 75% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

337%

Faster asset growth than 97% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

-2.2%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$8,126

Up $6,266 (+337%) from 2022

Net Assets

Up

$8,126

Up $6,266 (+337%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin75th percentile

Revenue

Down

$20,411

Down $454 (-2.2%) from 2022

Expenses

Down

$14,145

Down $7,432 (-34%) from 2022

Net Income

Up

$6,266

Up $6,978 (+980%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$40K$30K$20K$10K$0Assets 2018: $34,377Liabilities 2018: $0Net Assets 2018: $34,3772018Assets 2019: $14,614Liabilities 2019: $0Net Assets 2019: $14,6142019Assets 2020: $11,220Liabilities 2020: $0Net Assets 2020: $11,2202020Assets 2021: $2,572Liabilities 2021: $0Net Assets 2021: $2,5722021Assets 2022: $1,860Net Assets 2022: $1,8602022Assets 2023: $8,126Net Assets 2023: $8,1262023Assets 2024: $10,296Net Assets 2024: $10,2962024

Highlighted filing

2023

Assets$8,126
Liabilities-
Net Assets$8,126
Open 2023 Filing

Operations Trend

Revenue Growth41st percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $174,512Expenses 2018: $140,135Net Income 2018: $34,3772018Revenue 2019: $100,736Expenses 2019: $120,499Net Income 2019: -$19,7632019Revenue 2020: $13,609Expenses 2020: $17,003Net Income 2020: -$3,3942020Revenue 2021: $103,610Expenses 2021: $112,258Net Income 2021: -$8,6482021Revenue 2022: $20,865Expenses 2022: $21,577Net Income 2022: -$7122022Revenue 2023: $20,411Expenses 2023: $14,145Net Income 2023: $6,2662023Revenue 2024: $18,123Expenses 2024: $15,953Net Income 2024: $2,1702024

Highlighted filing

2023

Revenue$20,411
Expenses$14,145
Net Income$6,266
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 20, 2024
Return Version
2023v5.1
Gross Receipts
$20,411
Mission and Program Overview

Mission

To support charities throughout north carolina who provide help to families and children in need.

Program Services

DescriptionGrantsExpenses
To support charities throughout North Carolina who provide help to families and children in need.$13,000$14,145
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia JarrellDirector-$0--
Barbara MarshallDirector-$0--
Kelli McDowelDirector-$0--
Kristin LabonteSecretary-$0--
Robert A LabontePresident-$0--
Filing and Contact Details

Filer

Filer Name
Bobby Labonte Foundation Inc
EIN
36-4898697
Phone
3369185719
Address
265 Eastchester Drive 133, High Point, NC 27262

Signing Officer

Name
Robert A Labonte
Title
President
Signed
2024-07-20
Discuss with paid preparer
Yes

Preparer

Firm
Miller Mcneish & Breedlove Pllc
Address
309 S LAUREL AVE, CHARLOTTE, NC 28207
Preparer
Erik L Cobb
Phone
7043768415
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.3

“| Donee's Name: Evernham Family Racing for a Reason Foun | Donee's Address: 105 Bevan Drive Mooresville NC 28115 | Cash Amount Given: $12000”

Other Expenses.1

“Bank Charges $275”

Raw XML Appendix164 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Robert A Labonte
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0275
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To support charities throughout North Carolina who provide help to families and children in need.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To support charities throughout North Carolina who provide help to families and children in need.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014145
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt014145
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IRS990EZ/TotalRevenueAmt020411
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.bobbylabontefoundation.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020411
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0103610
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt013109
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0100736
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0258731
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0258731
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt020411
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt013109
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0100736
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0258731
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Evernham Family Racing for a Reason Foun | Donee's Address: 105 Bevan Drive Mooresville NC 28115 | Cash Amount Given: $12000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Charges $275
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert A Labonte
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bobby Labonte Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0BOBB
ReturnHeader/Filer/EIN0364898697
ReturnHeader/Filer/PhoneNum03369185719
ReturnHeader/Filer/USAddress/AddressLine1Txt0265 Eastchester Drive 133
ReturnHeader/Filer/USAddress/CityNm0High Point
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027262
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832891693
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER MCNEISH & BREEDLOVE PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0309 S LAUREL AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028207
ReturnHeader/PreparerPersonGrp/PhoneNum07043768415
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Erik L Cobb
ReturnHeader/ReturnTs02024-07-20T12:16:06-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Robert A
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Labonte
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,126
Liabilities
-
Net assets
$8,126
Revenue
$20,411
Expenses
$14,145
Net income
$6,266
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.18$0.16$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.20$0.14$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.21$0.22$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.04$1.12$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.14$0.17$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$1.01$1.20$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.75$1.40$0.34