The Lebron James Family Foundation
Lebron James Family Foundation shows strong financial growth and zero reported officer compensation over a decade.
EIN: 20716277 · Akron, OH · NTEE: W99 · Updated: 2026-03-28
Is The Lebron James Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Lebron James Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Lebron James Family Foundation
The Lebron James Family Foundation (EIN: 20716277) is a nonprofit organization based in Akron, OH, classified under NTEE code W99. The organization reported total revenue of $8.5M and total assets of $25.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lebron James Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Lebron James Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $11.4M |
| Surplus / Deficit | +$973K |
| Total Assets | $28.4M |
| Total Liabilities | $3.9M |
| Net Assets | $24.5M |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 30.0 months |
Financial Health Grade: A
In 2023, The Lebron James Family Foundation reported a surplus of $973K with revenue exceeding expenses, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.7% | +26.9% | +7.2% |
| 2022 | +36.0% | +35.9% | +51.4% |
| 2021 | +17.1% | +16.4% | +46.8% |
| 2020 | +119.3% | +32.2% | +119.4% |
| 2019 | -30.6% | -32.2% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 The Lebron James Family Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Lebron James Family Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $973K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $28 million.
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 The Lebron James Family Foundation's IRS 990 filings:
- Unusually low reported liabilities relative to assets in early years (e.g., $7,435 liabilities on $698,073 assets in 2015), which could warrant further scrutiny into financial reporting practices, though this trend normalized in later years.
Strengths
The following positive indicators were identified for The Lebron James Family Foundation:
- Consistent and significant revenue growth, from $1.66M in 2014 to $12.33M in 2023.
- Zero reported officer compensation across all 13 filings, indicating high program efficiency.
- Strong asset accumulation, growing from $256,331 in 2014 to $28.38M in 2023.
- Healthy financial surpluses in most years, contributing to robust reserves.
- Low liabilities relative to assets, demonstrating strong financial stability.
Frequently Asked Questions about The Lebron James Family Foundation
Is The Lebron James Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Lebron James Family Foundation (EIN: 20716277) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does The Lebron James Family Foundation spend its money?
The Lebron James Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Lebron James Family Foundation tax-deductible?
The Lebron James Family Foundation is registered as a tax-exempt nonprofit (EIN: 20716277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Lebron James Family Foundation a good charity?
Based on its financial filings, the foundation appears to be a very good charity. It demonstrates strong financial growth, healthy asset accumulation, and a remarkable commitment to directing funds towards its programs by reporting zero officer compensation across all available filings.
How has the foundation's financial health changed over time?
The foundation has experienced significant financial growth, with revenue increasing from $1.66 million in 2014 to $12.33 million in 2023, and assets growing from $256,331 to $28.38 million in the same period, indicating robust expansion and financial stability.
What is the foundation's approach to executive compensation?
The foundation consistently reports 0% officer compensation in all its IRS 990 filings, meaning no salaries are paid to its officers, which is a strong indicator of its commitment to maximizing funds for its charitable programs.
Does the foundation have sufficient assets to cover its liabilities?
Yes, the foundation has a very strong asset-to-liability ratio. For example, in 2023, assets were $28,375,391 against liabilities of $3,879,245, indicating excellent financial solvency.
Filing History
IRS 990 filing history for The Lebron James Family Foundation showing financial trends over 13 years of public records:
Total assets increased by 732546.3% over the same period, from $4K to $28.4M. Total functional expenses rose by 2586%, from $423K to $11.4M. In its most recent filing year (2023), The Lebron James Family Foundation reported a surplus of $973K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $28.4M in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $24.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $11.4M | $28.4M | $3.9M | — | View 990 |
| 2022 | $17.3M | $8.9M | $26.5M | $3.0M | — | View 990 |
| 2021 | $12.7M | $6.6M | $17.5M | $2.3M | — | View 990 |
| 2020 | $10.9M | $5.7M | $11.9M | $2.8M | — | View 990 |
| 2019 | $4.9M | $4.3M | $5.4M | $1.4M | — | View 990 |
| 2018 | $7.1M | $6.3M | $4.6M | $1.1M | — | View 990 |
| 2017 | $4.4M | $4.3M | $2.7M | $1.3M | — | View 990 |
| 2016 | $3.5M | $4.7M | $1.9M | $1.5M | — | View 990 |
| 2015 | $2.7M | $2.5M | $698K | $7K | — | View 990 |
| 2014 | $1.7M | $1.5M | $256K | $16K | — | View 990 |
| 2013 | $1.6M | $1.5M | $132K | $44K | — | View 990 |
| 2012 | $811K | $733K | $70K | $0 | — | View 990 |
| 2011 | $-51,339 | $423K | $4K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $11.4M, and assets of $28.4M (revenue -28.7% year-over-year).
- 2022: Revenue of $17.3M, expenses of $8.9M, and assets of $26.5M (revenue +36.0% year-over-year).
- 2021: Revenue of $12.7M, expenses of $6.6M, and assets of $17.5M (revenue +17.1% year-over-year).
- 2020: Revenue of $10.9M, expenses of $5.7M, and assets of $11.9M (revenue +119.3% year-over-year).
- 2019: Revenue of $4.9M, expenses of $4.3M, and assets of $5.4M (revenue -30.6% year-over-year).
- 2018: Revenue of $7.1M, expenses of $6.3M, and assets of $4.6M (revenue +64.0% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.3M, and assets of $2.7M (revenue +23.4% year-over-year).
- 2016: Revenue of $3.5M, expenses of $4.7M, and assets of $1.9M (revenue +32.2% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.5M, and assets of $698K (revenue +60.3% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.5M, and assets of $256K (revenue +4.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $132K (revenue +95.9% year-over-year).
- 2012: Revenue of $811K, expenses of $733K, and assets of $70K.
- 2011: Revenue of $-51,339, expenses of $423K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Lebron James Family Foundation:
Data Sources and Methodology
This transparency report for The Lebron James Family Foundation 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.