L B W Homeowners Foundation Of Coral Gables Inc
- Assets
- $108.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 12/2005
- Data as of
- 12/2023
- EIN
- 65-1124343
Organization Overview
L B W Homeowners Foundation Of Coral Gables Inc is located in Coral Gables, FL. The organization was established in 2005. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L B W Homeowners Foundation Of Coral Gables Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, L B W Homeowners Foundation Of Coral Gables Inc generated $31.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $56.0k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO ASSIST THE RESIDENTS OF CORAL GABLES THAT ARE SERVED BY LOLA B. WALKER HOME OWNERS' ASSOCIATION, AND THE RESIDENTS OF THE SURROUNDING NEIGHBORHOODS TO IMPROVE THE QUALITY OF THEIR LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Davis President | 3 | $0 | |
Leona Cooper-Baker Secretary/treasurer | 1 | $0 | |
Linda Dixie Director | 2 | $0 | |
Clarice Cooper Director | 1 | $0 | |
Carl Prime Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $29,881 |
| Total Revenue | $31,881 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $53,769 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,262 |
| Total expenses | $56,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,775 |
| Other assets | $0 |
| Total assets | $108,578 |
| Total liabilities | $800,260 |
| Net assets or fund balances | -$691,682 |