David Lebuhn Foundation Inc
David Lebuhn Foundation consistently spends more than it earns, drawing down assets over time.
EIN: 134049924 · Glenbrook, NV · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $130 |
| Total Expenses | $9K |
| Program Spending | 70% |
| Net Assets | $157K |
| Transparency Score | 55/100 |
Is David Lebuhn Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David Lebuhn Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About David Lebuhn Foundation Inc
David Lebuhn Foundation Inc (EIN: 134049924) is a nonprofit organization based in Glenbrook, NV, classified under NTEE code T20. The organization reported total revenue of $130 and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David Lebuhn Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David Lebuhn Foundation Inc is a micro nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $9K |
| Surplus / Deficit | $-8,258 |
| Total Assets | $157K |
| Total Liabilities | $1 |
| Net Assets | $157K |
| Operating Margin | -721.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 200.8 months |
Financial Health Grade: B
In 2023, David Lebuhn Foundation Inc reported a deficit of $8K with expenses exceeding revenue, holds 200.8 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), David Lebuhn Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.9% | -15.6% | -5.0% |
| 2022 | -99.1% | +4.8% | -5.5% |
| 2021 | +4153.6% | -7.1% | +7.4% |
| 2020 | +3.4% | +5.1% | -4.2% |
| 2019 | -51.8% | +59.4% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 David Lebuhn Foundation Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, David Lebuhn Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is unpaid, which is a positive sign for minimizing administrative overhead.
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 David Lebuhn Foundation Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in most years, e.g., $9,402 expenses vs. $1,144 revenue in 2023).
- Long-term decline in total assets, from $214,113 in 2011 to $157,365 in 2023, indicating potential unsustainability.
- Highly volatile revenue, making financial planning and consistent program delivery challenging.
Strengths
The following positive indicators were identified for David Lebuhn Foundation Inc:
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds for executive overhead.
- Minimal liabilities ($1 in most years), suggesting a healthy balance sheet in terms of debt.
- Consistent filing history (10 filings), indicating compliance with IRS reporting requirements.
Frequently Asked Questions about David Lebuhn Foundation Inc
Is David Lebuhn Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, David Lebuhn Foundation Inc (EIN: 134049924) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does David Lebuhn Foundation Inc spend its money?
David Lebuhn Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David Lebuhn Foundation Inc tax-deductible?
David Lebuhn Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134049924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of David Lebuhn Foundation Inc's spending goes to programs?
David Lebuhn Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does David Lebuhn Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), David Lebuhn Foundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is David Lebuhn Foundation Inc located?
David Lebuhn Foundation Inc is headquartered in Glenbrook, Nevada and files with the IRS under EIN 134049924. It is classified under NTEE code T20.
How many years of IRS 990 filings does David Lebuhn Foundation Inc have?
David Lebuhn 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 $130 in total revenue.
What are the specific programs or grants the David Lebuhn Foundation Inc. supports?
The provided IRS 990 data does not detail specific programs or grants. Further investigation into the full 990 forms would be needed to understand the nature of its charitable activities.
Why does the organization consistently report expenses exceeding revenue?
The consistent deficit (e.g., $1,144 revenue vs. $9,402 expenses in 2023) suggests the foundation may be spending down its endowment or relying on irregular, large contributions to sustain its operations, as seen in the 2021 revenue spike.
What caused the significant revenue spike in 2021 ($182,524) compared to other years?
The data does not specify the source of the 2021 revenue spike. It could be a large one-time donation, a significant investment gain, or a specific fundraising event. This anomaly significantly impacted its financial position for that year.
How does the foundation manage its assets given the long-term decline?
Assets have declined from $214,113 in 2011 to $157,365 in 2023. This suggests that the foundation's operational deficits are being covered by drawing down its principal, or that investment returns are not sufficient to offset spending and inflation.
Filing History
IRS 990 filing history for David Lebuhn Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David Lebuhn Foundation Inc's revenue has declined by 74.5%, moving from $4K to $1K. Total assets decreased by 26.5% over the same period, from $214K to $157K. Total functional expenses rose by 80.9%, from $5K to $9K. In its most recent filing year (2023), David Lebuhn Foundation Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $157K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $157K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $9K | $157K | $1 | — | — |
| 2022 | $2K | $11K | $166K | $1 | — | View 990 |
| 2021 | $183K | $11K | $175K | $1 | — | — |
| 2020 | $4K | $11K | $163K | $1 | — | View 990 |
| 2019 | $4K | $11K | $170K | $1 | — | — |
| 2015 | $9K | $7K | $193K | $1 | — | View 990 |
| 2014 | $3K | $5K | $202K | $1 | — | View 990 |
| 2013 | $7K | $4K | $205K | $1 | — | View 990 |
| 2012 | $2K | $3K | $213K | $1 | — | View 990 |
| 2011 | $4K | $5K | $214K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $9K, and assets of $157K (revenue -26.9% year-over-year).
- 2022: Revenue of $2K, expenses of $11K, and assets of $166K (revenue -99.1% year-over-year).
- 2021: Revenue of $183K, expenses of $11K, and assets of $175K (revenue +4153.6% year-over-year).
- 2020: Revenue of $4K, expenses of $11K, and assets of $163K (revenue +3.4% year-over-year).
- 2019: Revenue of $4K, expenses of $11K, and assets of $170K (revenue -51.8% year-over-year).
- 2015: Revenue of $9K, expenses of $7K, and assets of $193K (revenue +207.9% year-over-year).
- 2014: Revenue of $3K, expenses of $5K, and assets of $202K (revenue -58.7% year-over-year).
- 2013: Revenue of $7K, expenses of $4K, and assets of $205K (revenue +183.4% year-over-year).
- 2012: Revenue of $2K, expenses of $3K, and assets of $213K (revenue -46.7% year-over-year).
- 2011: Revenue of $4K, expenses of $5K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David Lebuhn Foundation Inc:
Data Sources and Methodology
This transparency report for David Lebuhn 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.