DEMOGRAPHIC
ADDRESS
2320 E AVE NE
52402
COUNTY
linn county, IA
IN CARE OF NAME
ALPHONCE OBANNON
ORGANIZATIONAL OVERVIEW & RANKINGS
LBA FOUNDATION is a based in CEDAR RAPIDS, IA, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in April 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1.00, this ranks 815,434 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 9,332 out of 40,025 organizations in IA (Top 24%).
In linn county, IA, the organization ranks 547 out of 1,794 nonprofits by assets (Top 31%), while locally in cedar rapids, it stands at 412 among 1,208 organizations (Top 34%).
The organization reported annual revenue of $117,040.00, ranking 368,775 nationally (Top 14%) and 4,663 in IA (Top 12%).
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, LBA FOUNDATION ranks 7,711 in assets (Top 21%) and 3,595 in revenue (Top 10%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 and was reinstated on May 15, 2023 .
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$117,040.00
FORM 990 REVENUE AMOUNT
$117,040.00
RULING DATE
04/2024
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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