US LBM FOUNDATION (EIN 464217905) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Principal Officer

LARRY T GIBSON

Tax Period

2024-01-01 to 2024-12-31

US LBM FOUNDATION, founded in 2013, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $3.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

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.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $530,816

Program Service Revenue $2,831,385

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,362,201

Expense Breakdown

Grants Paid $2,115,337

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,715,594

Other Expenses $1,626,068

TOTAL EXPENSES $3,741,405

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,362,201	$2,634,793	+0.3%
Expenses	$3,741,405	$2,457,677	+0.5%
Net Income	$-379,204	$177,116	-3.1%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAWANNA DENDY	DIRECTOR	2.00	Director	$0	$0	$0
LARRY T GIBSON	EXECUTIVE CH	2.00	Officer Director	$0	$0	$0
JIM HOOPER	PRESIDENT/TR	2.00	Officer Director	$0	$0	$0
JAMES MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
WENDY RADKE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MANISH SHANBHAG	VP & SECRETA	2.00	Officer Director	$0	$0	$0
RUSSELL TIEJEMA	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MATT BOWEN	EXECUTIVE DI	2.00	Officer	$0	$0	$0

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	$3,362,201	$3,741,405	$1,519,683	$-379,204
2023	$2,634,793	$2,457,677	$2,443,660	$177,116
2022	$2,388,502	$1,821,056	$1,442,748	$567,446
2021	$1,166,940	$930,476	$946,816	$236,464
2020	$206,392	$381,758	$441,643	$-175,366
2019	$748,860	$490,370	$781,748	$258,490
2018	$447,043	$351,916	$444,641	$95,127

US LBM FOUNDATION