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Minnesota · Nonprofit

LB Homes Foundation Inc

LB Homes Foundation Inc (Minnesota) receives grants from 3 organizations whose IRS filings report $22,500 to it, the largest being WEST CENTRAL INITIATIVE ($10,000). 1 of them have funded it in more than one year.

Revenue FY2025
$162k
Funders on record
3
Grants received
$23k
Net assets
$184k
1/3 repeat funderspeak grant-dependency 9%
01What it does

What LB Homes Foundation Inc does

Mission

To support the mission of LB Homes: to provide Chirst-centered senior care and living.

As stated on its FY2025 Form 990-EZ.

Program

  1. The organization conducts a Camp Emily, a one day children's bereavement program that supports youth in their grieving process. The bereavement social workers offer compassionate support and education to those feeling pain over the loss of a loved one. The organization provides literature, individual home visits, and grief support groups. If a person needs further support, the organizations helps them find additional resources as well as refer them to other professionals when necessary.

    $0 spent

The program described on its FY2024 Form 990-EZ. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($107k) Expenses 100 ($78k) Net assets 100 ($253k)2021 Revenue 135 ($144k) Expenses 346 ($272k) Net assets 49 ($125k)2022 Revenue 66 ($70k) Expenses 42 ($33k) Net assets 64 ($162k)2023 Revenue 83 ($88k) Expenses 17 ($14k) Net assets 6 ($15k)2024 Revenue 14 ($15k) Expenses 9 ($7k) Net assets 9 ($23k)2025 Revenue 151 ($162k) Expenses 1 ($1k) Net assets 73 ($184k)
202020212022202320242025
Revenue (151)Expenses (1)Net assets (73)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $23k to $184k (+692%).

$255k
$125k
$162k
$15k
$23k
$184k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of LB Homes Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$28k
’20
−$128k
’21
$38k
’22
$75k
’23
$8k
’24
$160k
’25
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Leland Rogness

Chairman/President

As listed on its FY2024 Form 990-EZ.

20202021
Listed66
Joined·+0
No longer listed·0
03Who funds it

Who funds it, year by year

2018 → 2021: the base held at 2 funders, grant income rose $8k → $13k.

Funder
'18
'19
'21
total
funders
2
1
2

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LB Homes Foundation Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LB Homes Foundation Inc leans on a few funders — its largest provides 44% of grant income and the top three 100%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LB Homes Foundation Inc.

44%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2018 67% · 2019 100% · 2021 80% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of LB Homes Foundation Inc's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’18
’19
’21
Minnesota out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LB Homes Foundation Inc has grown faster than half of the 13,062 human services nonprofits its size.

Operating margin99% · outside the comparable range
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 13,062 human services nonprofits $100k–$1M, FY2025

Organizations like LB Homes Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

48%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for LB Homes Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LB Homes Foundation Inc?
LB Homes Foundation Inc (Minnesota) receives grants from 3 organizations whose IRS filings report $22,500 to it, the largest being WEST CENTRAL INITIATIVE ($10,000). 1 of them have funded it in more than one year.
How many funders does LB Homes Foundation Inc have?
IRS filings report 3 organizations giving $22,500 in grants to LB Homes Foundation Inc, 1 of which have funded it in more than one year.
Who is the largest funder of LB Homes Foundation Inc?
WEST CENTRAL INITIATIVE is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like LB Homes Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing