Civic Intelligence

The Us Lbm Foundation

990 • Fiscal year 2020 • EIN 46-4217905

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 06, 2021

Organization ProfileUSLBMFOUNDATION.ORG
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

0.15x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.31x

Higher debt load relative to revenue than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-85%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-44%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-72%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$441,643

Down $340,105 (-44%) from 2019

Net Assets

Down

$376,996

Down $175,366 (-32%) from 2019

Liabilities

Down

$64,647

Down $164,739 (-72%) from 2019

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin9th percentile

Revenue

Down

$206,392

Down $542,468 (-72%) from 2019

Expenses

Down

$381,758

Down $108,612 (-22%) from 2019

Net Income

Down

-$175,366

Down $433,856 (-168%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

2020

Assets$441,643
Liabilities$64,647
Net Assets$376,996
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

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

2020

Revenue$206,392
Expenses$381,758
Net Income-$175,366
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 6, 2021
Return Version
2020v4.0
Gross Receipts
$206,392
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$743,114$312,129▼ $430,985
Pledges and Grants Receivable$24,120$115,000▲ $90,880
Other Notes and Loans Receivable, Net$14,514$14,514→ $0
Total Assets$781,748$441,643▼ $340,105
Liabilities
Other Liabilities$228,885$64,647▼ $164,238
Accounts Payable and Accrued Expenses$501--
Total Liabilities$229,386$64,647▼ $164,739
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$552,362$376,996▼ $175,366
Total Net Assets Fund Balance$552,362$376,996▼ $175,366
Total Liabilities and Net Assets / Fund Balance$781,748$441,643▼ $340,105
Compensation and Service Providers
Top Officer Pay76th percentile

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
$206,392
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$106,392
Change in Net Assets
$-175,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$376,573
Other Expenses$5,185
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$210,273--$210,273
Grants to Domestic Individuals$166,300--$166,300
Fees for Services Other$152$5,033-$5,185
Total Functional Expenses$376,725$5,033$0$381,758
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Team Joseph--Charity$100,000
Various Military Focused CharitiesCommerce Twp, MI-Charity$100,000
Foundation of Giving IntiativesChicago, IL501(c)Charity$10,273
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
Outstanding Checks$33,500
Other Liabilities$31,147
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
2021-07-06
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.”

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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/RecipientBusinessName/BusinessNameLine2Txt0FOUNDATION OF GIVING INITIATIVES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt1VARIOUS MILITARY FOCUSED CHARITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt2TEAM JOSEPH
IRS990ScheduleI/RecipientTable/RecipientEIN0800613664
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0225 W WACKER DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13050 UNION LAKE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0225 W WACKER DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt13050 UNION LAKE RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1COMMERCE TWP
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060606
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd148382
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/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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0781748
IRS990/TotalAssetsEOYAmt0441643
IRS990/TotalAssetsGrp/BOYAmt0781748
IRS990/TotalAssetsGrp/EOYAmt0441643
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0206392
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05033
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0376725
IRS990/TotalFunctionalExpensesGrp/TotalAmt0381758
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0229386
IRS990/TotalLiabilitiesEOYAmt064647
IRS990/TotalLiabilitiesGrp/BOYAmt0229386
IRS990/TotalLiabilitiesGrp/EOYAmt064647
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0552362
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0376996
IRS990/TotalOtherProgSrvcExpenseAmt0376725
IRS990/TotalOtherProgSrvcGrantAmt0376573
IRS990/TotalProgramServiceExpensesAmt0376725
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0206392
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0781748
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0441643
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM HOOPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP/TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-06
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/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/PreparationDt02021-08-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID KESEL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-08-02T16:18:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOOPER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$441,643
Liabilities
$64,647
Net assets
$376,996
Revenue
$206,392
Expenses
$381,758
Net income
-$175,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.44$1.09$1.36$2.63$2.46$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.44$0.26$1.18$2.39$1.82$0.57
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.33$0.61$1.17$0.93$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.06$0.38$0.21$0.38$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.23$0.55$0.75$0.49$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.15$0.29$0.45$0.35$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.20$0.44$0.43$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.07$0.19$0.37$0.20$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.04$0.03$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.02$0.00$0.02