Small Public Charity

LOMAS BROWN JR FOUNDATION INC

LOMAS BROWN JR FOUNDATION INC is a Small Public Charity headquartered in WATERFORD, MI. Financial data from the 2024 filing: $143K revenue, $118K expenses, $27K total assets. 5 publicly reported grants to this organization, totaling roughly $369K, appear in IRS filings.

EIN: 383137179 WATERFORD, MI Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$143K
Total Expenses$118K
Total Assets$27K
Grant Records5
Funding Total$369K
Filing Years2019–2024

Mission

ENGAGE YOUTH, INDIVIDUALS, AND INSTITUTIONS IN THE MINDSET OF SUCCESS BY STRESSING ACADEMICS, USE OF TECHNOLOGY, DEVELOPMENT OF LIFE SKILLS AND HEALTHY NUTRITIONAL HABITS, ENCOURAGING PARTICIPATION IN PHYSICAL FITNESS, SPORTS, AND RECREATION ENHANCEMENT PROGRAMS WHILE FOSTERING AN ENVIORNMENT OF DIVERSITY AND INCLUSION BY PROVIDING YOUTH PROGRAMS, SERVICES, CAMPS, SCHOLARSHIPS, AND ASSISTANCE.

Where $100 goes at Lomas Brown Jr Foundation Inc

How Lomas Brown Jr Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 6 years.

$77 Programs the work itself
$23 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $77 for programs

$77
Youth program, services, camps, clinics, scholarships, and assistance
All program spending
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Source: Form 990-EZ 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

BOARD MEMBER Deborah Schneider
BOARD MEMBER Jim Rossmann
EXECUTIVE Kim Knight
PRESIDENT AND CEO Lomas Brown Jr
BOARD MEMBER Robert Hendrian
BOARD MEMBER Tamika Carthane

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$287,767 4 grants
Civil Rights & Social Justice
$81,130 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $143K $118K $27K
2022 $10K $37K $15K
2021 $48K $6K $43K
2020 $5K $5K $9
2019 $56K $58K $198

Between 2019 and 2024, reported annual revenue grew from $56K to $143K (+156%), with total assets most recently reported at $27K.

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

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