C B Laub Family Foundation Inc
C B Laub Family Foundation consistently spends more than its annual revenue, drawing down assets.
EIN: 205826726 · Potomac, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $314K |
| Total Expenses | $215K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is C B Laub Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C B Laub Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About C B Laub Family Foundation Inc
C B Laub Family Foundation Inc (EIN: 205826726) is a nonprofit organization based in Potomac, MD, classified under NTEE code T22. The organization reported total revenue of $314K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C B Laub Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C B Laub Family Foundation Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $215K |
| Surplus / Deficit | $-191,483 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -803.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 61.5 months |
Financial Health Grade: B
In 2023, C B Laub Family Foundation Inc reported a deficit of $191K with expenses exceeding revenue, holds 61.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), C B Laub Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.0% | +3.5% | -4.5% |
| 2022 | -12.1% | +0.0% | -6.1% |
| 2021 | +57.3% | +42.5% | -4.4% |
| 2020 | +59.9% | +29.8% | -3.7% |
| 2019 | -90.9% | +21.1% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates C B Laub Family Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, C B Laub Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $191K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is a strong positive for financial efficiency, especially for an organization with over $1 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of C B Laub Family Foundation Inc's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in recent years, such as $23,822 revenue vs. $215,305 expenses in 2023.
- Declining asset base over time, from $1,512,973 in 2015 to $1,103,121 in 2023, indicating asset depletion.
Strengths
The following positive indicators were identified for C B Laub Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating strong cost control at the executive level.
- Maintains a substantial asset base of over $1 million, providing a foundation for its grantmaking activities.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about C B Laub Family Foundation Inc
Is C B Laub Family Foundation Inc a legitimate charity?
C B Laub Family Foundation Inc (EIN: 205826726) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $314K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does C B Laub Family Foundation Inc spend its money?
C B Laub Family Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to C B Laub Family Foundation Inc tax-deductible?
C B Laub Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205826726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the C B Laub Family Foundation Inc CEO make?
C B Laub Family Foundation Inc's highest-compensated officer earns $1 annually. The organization reported $314K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of C B Laub Family Foundation Inc's spending goes to programs?
C B Laub Family Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does C B Laub Family Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), C B Laub Family Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is C B Laub Family Foundation Inc located?
C B Laub Family Foundation Inc is headquartered in Potomac, Maryland and files with the IRS under EIN 205826726. It is classified under NTEE code T22.
How many years of IRS 990 filings does C B Laub Family Foundation Inc have?
C B Laub Family Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $314K in total revenue.
Is C B Laub Family Foundation Inc. financially sustainable in the long term?
The foundation's financial sustainability is questionable given the consistent trend of expenses exceeding revenue and a decline in assets from $1,512,973 in 2015 to $1,103,121 in 2023. While it has a substantial asset base, this pattern suggests it is distributing its principal rather than operating on investment income alone.
What is the primary source of the foundation's revenue?
Based on the NTEE code (T22 - Private Grantmaking Foundations) and the fluctuating, sometimes low, revenue figures, it is highly probable that the primary source of revenue is investment income and returns on its endowment, rather than public contributions.
How does the foundation ensure its grantmaking is effective?
The provided IRS 990 summary data does not offer details on the foundation's grantmaking strategy or impact assessment. Further review of the full 990 forms, specifically Schedule I, would be needed to understand its grant recipients and program effectiveness.
Filing History
IRS 990 filing history for C B Laub Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), C B Laub Family Foundation Inc's revenue has declined by 46.7%, moving from $45K to $24K. Total assets increased by 9.8% over the same period, from $1.0M to $1.1M. Total functional expenses rose by 232.6%, from $65K to $215K. In its most recent filing year (2023), C B Laub Family Foundation Inc reported a deficit of $191K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $215K | $1.1M | $1 | — | View 990 |
| 2022 | $132K | $208K | $1.2M | $1 | — | View 990 |
| 2021 | $151K | $208K | $1.2M | $1 | — | View 990 |
| 2020 | $96K | $146K | $1.3M | $0 | — | View 990 |
| 2019 | $60K | $112K | $1.3M | $0 | — | View 990 |
| 2015 | $659K | $93K | $1.5M | $0 | — | View 990 |
| 2014 | $20K | $79K | $947K | $0 | — | View 990 |
| 2013 | $122K | $66K | $1.0M | $0 | — | View 990 |
| 2012 | $4K | $58K | $950K | $0 | — | View 990 |
| 2011 | $45K | $65K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $215K, and assets of $1.1M (revenue -82.0% year-over-year).
- 2022: Revenue of $132K, expenses of $208K, and assets of $1.2M (revenue -12.1% year-over-year).
- 2021: Revenue of $151K, expenses of $208K, and assets of $1.2M (revenue +57.3% year-over-year).
- 2020: Revenue of $96K, expenses of $146K, and assets of $1.3M (revenue +59.9% year-over-year).
- 2019: Revenue of $60K, expenses of $112K, and assets of $1.3M (revenue -90.9% year-over-year).
- 2015: Revenue of $659K, expenses of $93K, and assets of $1.5M (revenue +3133.9% year-over-year).
- 2014: Revenue of $20K, expenses of $79K, and assets of $947K (revenue -83.3% year-over-year).
- 2013: Revenue of $122K, expenses of $66K, and assets of $1.0M (revenue +3265.8% year-over-year).
- 2012: Revenue of $4K, expenses of $58K, and assets of $950K (revenue -91.9% year-over-year).
- 2011: Revenue of $45K, expenses of $65K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C B Laub Family Foundation Inc:
Data Sources and Methodology
This transparency report for C B Laub Family Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.