THE LEBRON JAMES FAMILY FOUNDATION

EIN: 020716277 501(c)(3) Public & Societal Benefit

AKRON, OH

Total Revenue
$12,330,230
Total Expenses
$11,357,684
Total Assets
$28,375,391
Net Assets
$24,496,146
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
OH
Principal Officer
MICHELE CAMPBELL
Phone
2167712323
Tax Period
2023-01-01 to 2023-12-31

THE LEBRON JAMES FAMILY FOUNDATION, founded in 2004, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $12.3M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $11.4M left a modest 8% surplus.

Mission

WITH A COMMITMENT TO REDEFINING COMMUNITY AND BUILDING STRONGER FAMILIES, THE LEBRON JAMES FAMILY FOUNDATION INVESTS ITS TIME, RESOURCES AND PASSION INTO CREATING GENERATIONAL CHANGE FOR THE KIDS AND FAMILIES OF JAMES' HOMETOWN IN AKRON, OHIO THROUGH A FOCUS ON EDUCATION AND CO-CURRICULAR EDUCATIONAL INITIATIVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,117,609
Program Service Revenue $0
Investment Income $9,046
Other Revenue $1,203,575
TOTAL REVENUE $12,330,230

Expense Breakdown

Grants Paid $3,286,815
Salaries & Benefits $1,199,690
Fundraising Expenses $0
Program Expenses $9,127,889
Other Expenses $6,871,179
TOTAL EXPENSES $11,357,684

Year-over-Year Comparison

2023 2022 Change
Revenue $12,330,230 $17,286,604 -0.3%
Expenses $11,357,684 $8,949,942 +0.3%
Net Income $972,546 $8,336,662 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
80
Volunteers
500

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLORIA JAMES PRESIDENT 10.00
Officer Director
$0 $0 $0
MAVERICK CARTER VICE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
LEBRON JAMES CHAIRMAN OF THE BOARD 5.00
Officer Director
$0 $0 $0
LYNN MERRITT VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
MICHELE CAMPBELL EXECUTIVE DIRECTOR 30.00
Officer
$0 $0 $0
VICTORIA MCGEE DIRECTOR OF FAMILY RESOURCE 45.00
Highest
$179,813 $30,195 $210,008
WILLIE MCGEE DIRECTOR 45.00
Highest
$113,833 $20,211 $134,044
TONI MONTGOMERY DIRECTOR OF IPROMISE PROGRAM 45.00
Highest
$117,688 $14,620 $132,308
MONIQUE RANSOME COACH 45.00
Highest
$107,500 $17,961 $125,461
OLIVIA FILKO OPERATIONS MANAGER 45.00
Highest
$102,500 $20,219 $122,719
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $12,330,230 $11,357,684 $28,375,391 $972,546
2022 $17,286,604 $8,949,942 $26,473,741 $8,336,662
2021 $12,709,442 $6,585,800 $17,485,828 $6,123,642
2020 $10,852,931 $5,658,293 $11,914,589 $5,194,638
2019 $4,949,464 $4,280,465 $5,430,371 $668,999
2018 $7,134,776 $6,309,549 $4,587,562 $825,227
2018 $7,016,498 $6,456,442 $4,469,784 $560,056
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