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Lba Foundation

EIN 27-5343988 · Cedar Rapids, IA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair56 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

The LBA Foundation (Leaders Believers Achievers) exists to assist youth find their purpose and connect with their community so they can build their best life and become model and productive members of our community and nation. We believe every youth can achieve greateness when they connect to their purpose, connect to mentors and community, and connect to a dream they feel is achieveable with the people and resources we bring to support them. We provide mentorship, career exploration, skills building, academic assistance, and evangelize all career pathways equally---college, skilled trades, entrepreneurship, or career readiness with equal vigor.

Income
$90,529
Spending
$87,295
Reserves
0.5 months of spending
Largest source of income
donations and private grants, 97%

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 56 out of 100. Higher than 28% of charities in its peer group (youth development, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $26,450 spent. The LBA Foundation supported over 600 youths across eastern Iowa, primarily in Cedar Rapids and Linn County. Our efforts are centered on helping youths get connected to something that they feel passionate about and then finding resources to help them pursue that goal and dream. We took over 60 youths on business site visits to learn about different jobs and industries, held 4 events in area parks to encourage exploration of green spaces, conducted after school gatherings at local gyms and rec centers where we had over 422 attendees during 2025. During the past year we also assisted 27 at risk youth to achieve their diplomas and helped place 16 students into summer jobs and internships. A big push for our organization was holding seminars where we introduced various careers to our youths so they could realize how many options there truly are to pursue--and these seminars had over 126 attendees. Additionally, we continued our efforts to help remove stigmas around talking about mental health and continued our youth mental wellness circles that had 42 youths participate in for multiple meetings throughout the year.

Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2023 for not filing returns for three years, and reinstated on May 15, 2023.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Ab Foundation (Washington, DC), EIN 27-5278038. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.