Public Charity

LABI Foundation

LABI Foundation is a nonprofit organization categorized as Public Charity based in Baton Rouge, LA. Its most recent IRS filing (2024) reports revenue of $160K, expenses of $166K, total assets of $40K. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $65K.

EIN: 464858854 Baton Rouge, LA Support N.E.C. NTEE: J19 Latest filing: 2024
Total Revenue$160K
Total Expenses$166K
Total Assets$40K
Grant Records4
Funding Total$65K
Filing Years2019–2024

Mission

To partner with business leaders to educate and help deliver successful strategies to maximize Louisiana's economic potential by offering educational materials and programs on areas of importance in Louisiana.

Where $100 goes at LABI Foundation

How LABI Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
Offered educational materials and programs on issues of importance in the State of Louisiana
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Christopher Kinsey
Treasurer Clay Allen
President Maura Donahue
Vice President Reldon Owens

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$20,000 1 grant
Fundraising & Sponsorship
$10,000 1 grant
General Support
$10,000 1 grant
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $160K $166K $40K
2023 $475K $505K $47K
2022 $384K $461K $76K
2020 $693K $746K $2K
2019 $58K $5K $55K

Between 2019 and 2024, reported annual revenue grew from $58K to $160K (+175%), with total assets most recently reported at $40K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LABI Foundation

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