Lsb Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 851436928 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lsb Foundation?

Lsb Foundation is a nonprofit organization dedicated to uplifting underprivileged communities. Their mission encompasses providing financial aid through grants and scholarships, fostering leadership development, and offering employment training opportunities. The organization's primary goal is to contribute to economic growth within these communities, thereby creating a more equitable society.

Is Lsb Foundation legitimate?

Lsb Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lsb Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Lsb Foundation?

The Lsb Foundation's mission is centered around assisting underprivileged communities by providing grant and scholarship opportunities. This is done with the aim of fostering economic development. Beyond financial aid, the foundation also focuses on leadership development and employment training to empower individuals. The scholarship fund is just one aspect of their broader objectives.

Who is the CEO of Lsb Foundation?

Unavailable

What is the revenue of Lsb Foundation?

Lsb Foundation's revenue in 2021 was $75,523.

Who are the executives of Lsb Foundation and what are their salaries?


Here are 3 key members and their salaries:


Maurice Burnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Karim Kincey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perla Cerda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lsb Foundation?

Lsb Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Lsb Foundation

The LSB Foundation is an organization with a mission to aid the underprivileged community in their economic development. This is achieved through various means, primarily grant and scholarship distributions. Beyond monetary aid, the foundation also focuses on leadership development and employment training, aiming to empower individuals within the underprivileged community. A key aspect of their mission is the Scholarship Fund, which serves as a means to provide educational opportunities and foster personal growth.

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Impact




October, 2024

The Lsb Foundation significantly impacts the underprivileged community in Sacramento, CA, by fostering economic development through targeted initiatives. By providing grants and scholarships, the foundation effectively supports individuals in overcoming financial barriers to education and skill acquisition. Their commitment to leadership development and employment training empowers community members, equipping them with the tools needed to secure stable employment and improve their quality of life. Through these efforts, the Lsb Foundation not only enhances individual prospects but also contributes to the overall growth and resilience of the community it serves.




This information is meant to be a general summary of Lsb Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$75,523 (2021)
Expenses
$71,460 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $77,138

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

Main Address

305 1111 HOWE AVE, SACRAMENTO, CA, 95823

NTEE Category

Code: P20 - Human services

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