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Nonprofit · EIN 02-0716277

THE LEBRON JAMES FAMILY FOUNDATION

Tax-exempt · AKRON, OH 44333

Financials

$12.3M$11.4M2023$7.5M$11.1M2024
Revenue Expenses · by fiscal year end
Financials of THE LEBRON JAMES FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,525,763$11,063,892-$3,538,129$25,521,228$4,561,414$20,959,814
December 31, 2023990$12,330,230$11,357,684$972,546$28,375,391$3,879,245$24,496,146
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,190,676
Program service revenue
$0
Investment income
-$13,965
Royalties
$247,880
Net rental income
$178,619
Net gain from sales of assets
-$20,962
Net income from sales of inventory
$1,884,101
Other revenue
$2,349,052

Expenses

Grants and similar amounts paid
$2,252,055
Other salaries and wages
$3,186,961
Salaries, compensation and benefits (total)
$3,439,398
Professional fundraising fees
$0
Legal fees
$168,762
Accounting fees
$55,400
Occupancy
$1,280,070
Travel
$330,118
Depreciation
$1,882,293
Program services (functional)
$9,015,640
Management and general (functional)
$2,048,252

Balance sheet and other

Total assets, start of year
$28,375,391
Total assets, end of year
$25,521,228
Total liabilities, end of year
$4,561,414
Net assets, end of year
$20,959,814
Land, buildings and equipment
$21,268,265
Net assets without donor restrictions
$18,290,092
Net assets with donor restrictions
$2,669,722
Gross unrelated business income
$4,473
Gross receipts
$8,451,624
Employees
91
Volunteers
500
Year formed
2004
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
VICTORIA MCGEEDIRECTOR OF FAMILY RESOURC
Highest-paid employee
45$195,750$22,197
TONI MONTGOMERYDIRECTOR OF IPROMISE PROGR
Highest-paid employee
45$124,500$29,674
WILLIE MCGEEDIRECTOR
Highest-paid employee
45$127,100$11,643
OLIVIA FILKOOPERATIONS MANAGER
Highest-paid employee
45$110,000$19,662
VAUGHN MYERSDIRECTOR OF EVENTS
Highest-paid employee
45$114,300$12,281
GLORIA JAMESPRESIDENT
Trustee or director, Officer
10$0$0
MAVERICK CARTERVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$0
LEBRON JAMESCHAIRMAN OF THE BOARD
Trustee or director, Officer
5$0$0
LYNN MERRITTVICE PRESIDENT
Trustee or director, Officer
0.25$0$0
MICHELE CAMPBELLEXECUTIVE DIRECTOR
Officer
30$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
VICTORIA MCGEEDIRECTOR OF FAMILY RESOURCE
Highest-paid employee
45$179,813$30,195
WILLIE MCGEEDIRECTOR
Highest-paid employee
45$113,833$20,211
TONI MONTGOMERYDIRECTOR OF IPROMISE PROGRAM
Highest-paid employee
45$117,688$14,620
MONIQUE RANSOMECOACH
Highest-paid employee
45$107,500$17,961
OLIVIA FILKOOPERATIONS MANAGER
Highest-paid employee
45$102,500$20,219
GLORIA JAMESPRESIDENT
Trustee or director, Officer
10$0$0
MAVERICK CARTERVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$0
LEBRON JAMESCHAIRMAN OF THE BOARD
Trustee or director, Officer
5$0$0
LYNN MERRITTVICE PRESIDENT
Trustee or director, Officer
0.25$0$0
MICHELE CAMPBELLEXECUTIVE DIRECTOR
Officer
30$0$0

Address and contacts

Address (IRS master file)
3800 EMBASSY PKWY STE 360, AKRON, OH 44333-8389
In care of
% COHEN & CO ADVISORY LLC
Principal officer (990 for 2024)
MICHELE CAMPBELL, 3800 EMBASSY PARKWAY 360, AKRON, OH 44333
Signed the 990
MICHELE CAMPBELL, EXECUTIVE DIRECTOR
Phone
(216) 771-2323
Return prepared by
COHEN & CO ADVISORY LLC

Mission

WHAT BEGAN AS A MISSION TO RAISE GRADUATION RATES IN LEBRON'S HOMETOWN OF AKRON, OHIO, THE LEBRON JAMES FAMILY FOUNDATION'S WORK HAS EVOLVED INTO A MOVEMENT THAT IS REDEFINING WHAT FAMILY AND COMMUNITY LOOKS LIKE. SEE SCHEDULE O FOR FURTHER INFORMATION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE I PROMISE SCHOOL: LEBRON'S MISSION TO RAISE GRADUATION RATES IN HIS HOMETOWN OF AKRON, OHIO, HAS EVOLVED INTO A MOVEMENT THAT IS REDEFINING WHAT FAMILY AND COMMUNITY LOOKS LIKE. AFTER A DECADE OF LEARNING AND LISTENING TO THE STUDENTS AND FAMILIES IT SERVES, THE FOUNDATION'S "WE ARE FAMILY" PHILOSOPHY MANIFESTED IN THE OPENING OF THE I PROMISE SCHOOL IN 2018 THAT PRIORITIZES SOCIAL EMOTIONAL LEARNING AND LEADING WITH LOVE ALONGSIDE A STEM-BASED CURRICULUM. AS PART OF ITS GROUNDBREAKING MODEL FOR PUBLIC SCHOOLS, IPS MAINTAINS A FULL-TIME, ON-SITE FAMILY RESOURCE CENTER THAT PROVIDES WIDE-RANGING SERVICES FOR ALL STUDENTS AND FAMILY MEMBERS INCLUDING LEGAL AID, MEDICAL CARE, GED CLASSES, FINANCIAL LITERACY PROGRAMMING, JOB & FAMILY SERVICES, AND A FULL-TIME FOOD AND ESSENTIALS PANTRY. IN ADDITION, THE FOUNDATION OFFSETS THE COST OF ADDITIONAL EDUCATORS TO KEEP CLASS SIZE AND STUDENT TO TEACHER RATIOS LOW FOR A MORE EFFICIENT LEARNING ENVIRONMENT. IN AN EFFORT TO SUPPORT THE IPS EDUCATORS DURING THIS HARD WORK, THE FOUNDATION REGULARLY COVERS THE COST OF CLASSROOM AND PROJECT SUPPLIES AND PROVIDES ADDITIONAL RESOURCES FOR TEACHERS TO PRIORITIZE THEIR WELL-BEING AS THEY POUR SO MUCH INTO THEIR STUDENTS. MOST RECENTLY, IPS INTRODUCED SPORTS AS AN OPPORTUNITY FOR STUDENTS OUTSIDE THE CLASSROOM. THE FOUNDATION FULLY FUNDS THE ENTIRE SPORTS PROGRAM AT IPS WHICH INCLUDES COACHES, UNIFORMS, FACILITIES, TRANSPORTATION, MEALS, INSURANCE, BANQUESTS, AND TEAM BUILDING. THE FOUNDATION IS ALWAYS LOOKING FOR NEW WAYS TO SUPPORT THE IMPORTANT WORK BEING DONE AT IPS.
    Expenses $3,077,577 · grants $2,252,055
  • HOUSE THREE THIRTY: ON MARCH 30, 2023 ("330 DAY), LJFF OFFICIALLY OPENED THE DOORS TO HOUSE THREE THIRTY, AN INNOVATIVE, MULTI-USE SPACE FOR I PROMISE FAMILIES AND THE ENTIRE COMMUNITY TO GATHER AND ENGAGE IN IMMEDIATELY IMPACTFUL PROGRAMMING. HOUSE THREE THIRTY CONVENES CRITICAL COMMUNITY RESOURCES UNDER ONE ROOF INCLUDING FAMILY FINANCIAL HEALTH PROGRAMMING THAT IS EASILY ACCESSIBLE AND TAILORED TO HELP FAMILIES TAKE CONTROL OF THEIR FINANCIAL FUTURES. JOB TRAINING OPPORTUNITIES ARE AVAILABLE THROUGH THE VENUE'S VARIED RETAIL, DINING AND EVENT SPACES, DESIGNED TO HELP I PROMISE PARENTS, GUARDIANS AND FAMILY MEMBERS DEVELOP GREATER BUSINESS EXPERIENCE AND PREPARE THEM FOR FUTURE CAREER OPPORTUNITIES. HOUSE THREE THIRTY ALSO SERVES AS A COMMUNITY GATHERING SPACE FOR LARGE INDOOR AND OUTDOOR EVENTS, MONTHLY MEALS, FAMILY PROGRAMMING AND IMPORTANT CONVERSATIONS NEEDED TO MOVE THE COMMUNITY AND COUNTRY FORWARD.
    Expenses $2,548,393
  • LJFF HOSPITALITY: WITHIN THE WALLS OF HOUSE THREE THIRTY, CHANGE IS BEING MADE THROUGH THE COMMUNITY EDUCATION PROGRAM THAT PROVIDES I PROMISE FAMILY MEMBERS THE OPPORTUNITY TO CULTIVATE NEW SKILLS AND ENGAGE IN JOB TRAINING TO GAIN MEANINGFUL EMPLOYMENT AND WORK EXPERIENCE. WITH SPECIALLY DEVISED INDUSTRY CURRICULUM DELIVERED BY COACHES AND OTHER INDUSTRY EXPERTS, THE FIRST COHORT OF STUDENTS ARE LEARNING IN A WE ARE FAMILY ENVIRONMENT THAT MEETS THEM WHERE THEY ARE, MAKING THEIR LONG-HELD ACADEMIC AND CAREER GOALS ACCESSIBLE. IT IS AN EDUCATIONAL MOVEMENT THAT BREAKS DOWN BARRIERS AND RECOGNIZES THAT A ONE-SIZE-FITS-ALL APPROACH MAY NOT WORK FOR ALL FAMILIES. THE COMMUNITY EDUCATION PROGRAM BEGAN WITH EIGHT WEEKS OF TRAINING FOR TEAM MEMBERS COMMITTED TO WE ARE FAMILY TRAINING CAMP WITH SPECIALTY CURRICULUM DELIVERED ALONGSIDE INDUSTRY EXPERTS. A PARTICULAR FOCUS IS ALSO PLACED ON LIFE SKILLS INCLUDING LEADERSHIP, COMMUNICATION AND ACCOUNTABILITY, SKILLS THAT ARE TRANSFERRABLE TO ALL FACETS OF LIFE. UPON COMPLETING ALL SECTORS OF TRAINING CAMP, OUR FIRST OFFICIAL COHORT OF TEAM MEMBERS CONTINUE LEARNING IN REAL-WORLD SETTINGS, PROVIDING VARIOUS SERVICES AVAILABLE WITHIN HOUSE THREE THIRTY. AS THEY PRACTICE AND MASTER SKILLS ACROSS DIFFERENT SECTORS, THEY ARE BEGINNING TO DEVELOP THEIR PASSION AND BUILD CONFIDENCE. THIS INNOVATIVE JOB TRAINING EXPERIENCE ALLOWS THEM TO CONTINUE PROVIDING FOR THEIR FAMILIES WHILE THEY PURSUE HIGHER EDUCATION AND CULTIVATE VALUABLE JOB EXPERIENCE AND TRAINING. DAY-TO-DAY, THE COMMUNITY EDUCATION PROGRAM IS ADMINISTERED BY FIVE COACHES THAT OVERSEE TEAM MEMBERS SCHEDULES, ADMINISTER WRAPAROUND SUPPORTS, AND CONTINUE TO DEVELOP APPROPRIATE CURRICULUM.
    Expenses $3,389,670 · revenue $1,922,553
  • OTHER I PROMISE INITIATIVES: THE CORE I PROMISE PROGRAMMING OFFERED TO ALL I PROMISE STUDENTS AND THEIR FAMILIES EXTENDS INTO HIGH SCHOOL AND THROUGH COLLEGE WITH THE I PROMISE NETWORK AND BEYOND. SUPPORTS FOR OUR OLDEST STUDENTS INCLUDE THE I PROMISE INSTITUTE SPACE LJFF FUNDS ANDMAINTAINS WITH ALL THE RESOURCES AND SPECIFIC PROGRAMMING THEY NEED TO BE SUCCESSFUL ON CAMPUS AS WELL AS OTHER COSTS OF GOING TO COLLEGE AND EXPERIENCES PROVIDED TO HELP PREPARE THEM ALONG THE WAY. LJFF SUPPORT FURTHER EXTENDS TO I PROMISE PARENTS THROUGH THE I PROMISE TOO PROGRAM THAT HELPS THEM EARN THEIR GED AND PREPARE FOR THEIR NEXT LIFE CHAPTER. ADDITIONALLY, THE FOUNDATION PROVIDES THE I PROMISE VILLAGE WHICH SERVES AS TRANSITIONAL HOUSING TO FAMILIES WITHIN THE I PROMISE PROGRAM WHO ARE IN NEED OF SAFE AND STABLE HOUSING. FAMILIES STAY AT THE VILLAGE FOR FREE WITH A COMMITMENT TO WORK TOWARD THEIR GOALS. THE FOUNDATION ALSO CONTINUES TO SUPPORT OTHER EFFORTS IMPORTANT TO OURWORK TO UPLIFT LEBRON'S HOMETOWN. THIS INCLUDES THE FOUNDATION'S ANNUAL WE ARE FAMILY REUNION AT CEDAR POINT THAT IS DESIGNED TO PROVIDE A DAY OF FUN FOR STUDENTS AND FAMILIES AHEAD OF THE NEW SCHOOL YEAR. THISALSO INCLUDES THE JAMES FAMILY'S REGULAR CONTRIBUTIONS TO THEIR COMMUNITY THROUGH SAVANNAH JAMES' I PROMISE MAKEOVER INITIATIVE THAT AIMS TO EMPOWER UNDERPRIVILEGED GIRLS FROM AKRON AREA HIGH SCHOOLS BY HELPING THEM PREPARE FOR PROM WITH DRESSES, ACCESSORIES, AND WORDS OFENCOURAGEMENT AND SELF-CONFIDENCE. THE FOUNDATION PLANS TO CONTINUE TO SUPPORT THESE AND OTHER PARALLEL PROGRAMS THAT UPLIFT AND POSITIVELY IMPACT ITS COMMUNITY YEAR-ROUND.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
02-0716277
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,521,228
Income (IRS master file)
$8,451,624

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,525,763$11,063,892$25,521,228XML
990-TDecember 2024–––IRS
990December 2023$12,330,230$11,357,684$28,375,391XML
990-TDecember 2023–––IRS
990December 2022$17,286,604$8,949,942$26,473,741IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0716277).

Questions about THE LEBRON JAMES FAMILY FOUNDATION

What is the EIN of THE LEBRON JAMES FAMILY FOUNDATION?
The employer identification number (EIN) of THE LEBRON JAMES FAMILY FOUNDATION is 02-0716277.
Is THE LEBRON JAMES FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to THE LEBRON JAMES FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE LEBRON JAMES FAMILY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE LEBRON JAMES FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE LEBRON JAMES FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE LEBRON JAMES FAMILY FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHELE CAMPBELL.
Who are the officers and directors of THE LEBRON JAMES FAMILY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 10 people; 5 received compensation from the organization, the highest $195,750 (VICTORIA MCGEE, DIRECTOR OF FAMILY RESOURC).
How much revenue does THE LEBRON JAMES FAMILY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,525,763, expenses of $11,063,892 and total assets of $25,521,228 at year end.

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