LBK Foundation

Nonprofit profile at a glance

EIN
933186983
IRS 990-PF coverage
2023–2023
Forms available
Form 990-PF 2023
Location
Houston, TX, USA
Rating
34
Verdict
REVIEW
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$746,814
Expenses
$12,808

Source: IRS Form 990-PF. Selected filing: tax year 2023. Amounts in USD.

Overview

Mission

Fund Raising and/or Fund Distribution

Operating model

Revenue model
Donor-supported. 93% of the foundation's positive operating resources came from contributions.
Distribution model
No current program activity. The filing reports no charitable disbursements for the current year.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

REVIEW - A large share of spending goes to grants and the endowment provides a meaningful financial cushion. No material rating questions were generated from the available inputs.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 71
  • Transparency: NotEnoughData
  • Compliance: 50
  • Endowment Health: 98

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 71%; rating input score 71; 29th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Limited

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 145.58; rating input score 98; 98th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Payout: Filed payout detail
  • Trustees: Filed trustees detail
  • Investments: 98th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 1 filing year from 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.