Civic Intelligence

The Us Lbm Foundation

990 • Fiscal year 2019 • EIN 46-4217905

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 30, 2020

1000 Corporate Grove DrBuffalo Grove, IL 60089

(847) 353-7800

Siviq Scores

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

Liabilities / Assets

78th percentile

0.29x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.31x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

92nd percentile

76%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

89th percentile

68%

Faster revenue growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$781,748

Up $337,107 (+76%) from 2018

Net Assets

Up

$552,362

Up $258,490 (+88%) from 2018

Liabilities

Up

$229,386

Up $78,617 (+52%) from 2018

Revenue

Up

$748,860

Up $301,817 (+68%) from 2018

Expenses

Up

$490,370

Up $138,454 (+39%) from 2018

Net Income

Up

$258,490

Up $163,363 (+172%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $18,954Liabilities 2014: $0Net Assets 2014: $18,9542014Assets 2015: $25,466Liabilities 2015: $0Net Assets 2015: $25,4662015Assets 2016: $259,207Liabilities 2016: $65,814Net Assets 2016: $193,3932016Assets 2017: $207,682Liabilities 2017: $8,937Net Assets 2017: $198,7452017Assets 2018: $444,641Liabilities 2018: $150,769Net Assets 2018: $293,8722018Assets 2019: $781,748Liabilities 2019: $229,386Net Assets 2019: $552,3622019Assets 2020: $441,643Liabilities 2020: $64,647Net Assets 2020: $376,9962020Assets 2021: $946,816Liabilities 2021: $333,356Net Assets 2021: $613,4602021Assets 2022: $1,442,748Liabilities 2022: $261,842Net Assets 2022: $1,180,9062022Assets 2023: $2,443,660Liabilities 2023: $1,085,638Net Assets 2023: $1,358,0222023

Highlighted filing

2019

Assets$781,748
Liabilities$229,386
Net Assets$552,362

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $19,009Expenses 2014: $55Net Income 2014: $18,9542014Revenue 2015: $38,572Expenses 2015: $32,060Net Income 2015: $6,5122015Revenue 2016: $368,608Expenses 2016: $200,681Net Income 2016: $167,9272016Revenue 2017: $436,367Expenses 2017: $431,015Net Income 2017: $5,3522017Revenue 2018: $447,043Expenses 2018: $351,916Net Income 2018: $95,1272018Revenue 2019: $748,860Expenses 2019: $490,370Net Income 2019: $258,4902019Revenue 2020: $206,392Expenses 2020: $381,758Net Income 2020: -$175,3662020Revenue 2021: $1,166,940Expenses 2021: $930,476Net Income 2021: $236,4642021Revenue 2022: $2,388,502Expenses 2022: $1,821,056Net Income 2022: $567,4462022Revenue 2023: $2,634,793Expenses 2023: $2,457,677Net Income 2023: $177,1162023

Highlighted filing

2019

Revenue$748,860
Expenses$490,370
Net Income$258,490
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 30, 2020
Return Version
2019v5.0
Gross Receipts
$748,860
Mission and Program Overview

Mission

The u.s. Lbm foundation was created to help those in need also achieve their dreams including being free from illness, owning a home, and rebuilding after a catastrophe. A registered 501(c)(3) nonprofit, the u.s. Lbm foundation is a philanthropic organization supported by donations from u.s. Lbm, the companys associates and through annual fundraising events.

The u.s. Lbm foundation was created to help those in need also achieve their dreams. Being free from illness, owning a home, and rebuilding after a catastrophe are just a few of the many dreams we seek to make a reality through the foundation. The u.s. Lbm foundation is a philanthropic organization supported by donations from u.s. Lbm, the companys associates and through annual fundraising events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$411,330$743,114▲ $331,784
Pledges and Grants Receivable$26,500$24,120▼ $2,380
Other Notes and Loans Receivable, Net$6,811$14,514▲ $7,703
Total Assets$444,641$781,748▲ $337,107
Liabilities
Other Liabilities$146,517$228,885▲ $82,368
Accounts Payable and Accrued Expenses$4,252$501▼ $3,751
Total Liabilities$150,769$229,386▲ $78,617
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$293,872$552,362▲ $258,490
Total Net Assets Fund Balance$293,872$552,362▲ $258,490
Total Liabilities and Net Assets / Fund Balance$444,641$781,748▲ $337,107
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lt GibsonPresident
Jeffrey UmosellaVice Preside
Karen CharielleVice Preside
Patrick McguinessVice Preside
Wendy WhiteashVice Preside
Michelle PollockVP/ Asst Sec
Tim WirthVP/ Secretar
Jim HooperVP/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$226,703
Program Service Revenue
$522,157
Investment Income
$0
Other Revenue
$0
All Other Contributions
$116,153
Change in Net Assets
$258,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,270
Grants and Similar Amounts Paid$216,100
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$257,462$16,808-$274,270
Grants to Domestic Orgs$200,100--$200,100
Grants to Domestic Individuals$16,000--$16,000
Total Functional Expenses$473,562$16,808$0$490,370
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Team JosephWaco, TX-Charity$80,000
Magnolia FoundationGoshen, KY-Charity$50,000
Justin Thomas Foundation--Charity$25,100
Als AssociationWashington, DC501(c)Charity$20,000
Foundation of Giving IntiativesChicago, IL-Charity$15,000
OtherCommerce Twp, MI-Charity$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$228,885
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
US Lbm Foundation
EIN
46-4217905
Address
1000 CORPORATE GROVE DR, BUFFALO GROVE, IL 60089

Signing Officer

Name
Jim Hooper
Title
VP/treasurer
Signed
2020-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lt Gibson
Formed
2013
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
25

Preparer

Firm
David M Kesel CPA
Address
4833 MEDICAL CENTER DR STE 6A, MCKINNEY, TX 75069
Preparer
David Kesel
Phone
9727341040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The u.s. Lbm foundation was created to help those in need also achieve their dreams including being free from illness, owning a home, and rebuilding after a catastrophe. A registered 501(c)(3) nonprofit, the u.s. Lbm foundation is a philanthropic organization supported by donations from u.s. Lbm, the companys associates and through annual fundraising events.

Form 990, Page 2, Part III, Line 4D

The u.s. Lbm foundation was created to help those in need also achieve their dreams including being free from illness, owning a home, and rebuilding after a catastrophe. A registered 501(c)(3) nonprofit, the u.s. Lbm foundation is a philanthropic organization supported by donations from u.s. Lbm, the companys associates and through annual fundraising events.

Form 990, Part IX, Line 11G

Bank charges 0 193 0 golf tournament expenses 257,272 0 0 professional fees 0 16,495 0 shipping fees 0 120 0 other misc exp 190 0 0 total 257,462 16,808 0

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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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5CHARITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ALS ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FOUNDATION OF GIVING INTIATIVES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2OTHER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3TEAM JOSEPH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MAGNOLIA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5JUSTIN THOMAS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0ALS ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt1FOUNDATION OF GIVING INITIATIVES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt2OTHER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt3TEAM JOSEPH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt4MAGNOLIA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt5JUSTIN THOMAS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0800613664
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01275 K ST NW 250
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1225 W WACKER DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23050 UNION LAKE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt37503 BOSQUE BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt413201 READING ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt01275 K ST NW 250
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt1225 W WACKER DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt23050 UNION LAKE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt37503 BOSQUE BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt413201 READING ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2COMMERCE TWP
IRS990ScheduleI/RecipientTable/USAddress/CityNm3WACO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4GOSHEN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020005
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160606
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd248382
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd376712
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd440026
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE U.S. LBM FOUNDATION WAS CREATED TO HELP THOSE IN NEED ALSO ACHIEVE THEIR DREAMS INCLUDING BEING FREE FROM ILLNESS, OWNING A HOME, AND REBUILDING AFTER A CATASTROPHE. A REGISTERED 501(C)(3) NONPROFIT, THE U.S. LBM FOUNDATION IS A PHILANTHROPIC ORGANIZATION SUPPORTED BY DONATIONS FROM U.S. LBM, THE COMPANYS ASSOCIATES AND THROUGH ANNUAL FUNDRAISING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE U.S. LBM FOUNDATION WAS CREATED TO HELP THOSE IN NEED ALSO ACHIEVE THEIR DREAMS INCLUDING BEING FREE FROM ILLNESS, OWNING A HOME, AND REBUILDING AFTER A CATASTROPHE. A REGISTERED 501(C)(3) NONPROFIT, THE U.S. LBM FOUNDATION IS A PHILANTHROPIC ORGANIZATION SUPPORTED BY DONATIONS FROM U.S. LBM, THE COMPANYS ASSOCIATES AND THROUGH ANNUAL FUNDRAISING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES 0 193 0 GOLF TOURNAMENT EXPENSES 257,272 0 0 PROFESSIONAL FEES 0 16,495 0 SHIPPING FEES 0 120 0 OTHER MISC EXP 190 0 0 TOTAL 257,462 16,808 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0444641
IRS990/TotalAssetsEOYAmt0781748
IRS990/TotalAssetsGrp/BOYAmt0444641
IRS990/TotalAssetsGrp/EOYAmt0781748
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0226703
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016808
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0473562
IRS990/TotalFunctionalExpensesGrp/TotalAmt0490370
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0150769
IRS990/TotalLiabilitiesEOYAmt0229386
IRS990/TotalLiabilitiesGrp/BOYAmt0150769
IRS990/TotalLiabilitiesGrp/EOYAmt0229386
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0293872
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0552362
IRS990/TotalOtherProgSrvcExpenseAmt0473562
IRS990/TotalOtherProgSrvcGrantAmt0216100
IRS990/TotalProgramServiceExpensesAmt0473562
IRS990/TotalProgramServiceRevenueAmt0522157
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0522157
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0748860
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0444641
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0781748
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01000 CORPORATE GROVE DR
IRS990/USAddress/CityNm0BUFFALO GROVE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060089
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0USLBMFOUNDATION.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM HOOPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP/TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0US LBM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0USLB
ReturnHeader/Filer/EIN0464217905
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 CORPORATE GROVE DR
ReturnHeader/Filer/USAddress/CityNm0BUFFALO GROVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060089
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId093258079D40E49F39DBA7EC69649350CA097250C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId093258079D40E49F39DBA7EC69649350CA097250C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.182.240.73
ReturnHeader/FilingSecurityInformation/IPDt02020-09-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:28:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454002407
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID M KESEL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04833 MEDICAL CENTER DR STE 6A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MCKINNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075069
ReturnHeader/PreparerPersonGrp/PhoneNum09727341040
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID KESEL
ReturnHeader/ReturnTs02020-09-30T14:28:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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