Skip to main content

Nonprofit · EIN 47-4438804

LBA FOUNDATION

Tax-exempt · APEX, NC 27502

Financials

$12K$3992023$21K$2K2024
Revenue Expenses · by fiscal year end
Financials of LBA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$21,464$2,215$19,249$168,579$0$168,579
December 31, 2023990-PF$11,809$399$11,410$149,421$0$149,421
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Other income
$21,464

Expenses

Grants and similar amounts paid
$0
Excise tax on investment income
$298

Balance sheet and other

Total assets, start of year
$149,421
Total assets, end of year
$168,579
Total liabilities, end of year
$0
Net assets, end of year
$168,579
Fair market value of assets
$168,579
Net investment income
$21,464

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM D BUNCE II
7617 SNAFFLEBIT LANE, APEX, NC 27502
PRESIDENT; D1$0
GAIL E BUNCE
7617 SNAFFLEBIT LANE, APEX, NC 27502
VP, SECRETAR1$0
ELIZABETH BUNCE
7617 SNAFFLEBIT LANE, APEX, NC 27502
EX-OFFICIO D0$0
WILLIAM BUNCE III
7617 SNAFFLEBIT LANE, APEX, NC 27502
EX-OFFICIO D0$0
ALLISON BUNCE
7617 SNAFFLEBIT LANE, APEX, NC 27502
EX-OFFICIO D0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WILLIAM D BUNCE II
7617 SNAFFLEBIT LANE, APEX, NC 27502
PRESIDENT; D0$0
GAIL E BUNCE
7617 SNAFFLEBIT LANE, APEX, NC 27502
VP, SECRETAR0$0
ELIZABETH BUNCE
7617 SNAFFLEBIT LANE, APEX, NC 27502
EX-OFFICIO D0$0
WILLIAM BUNCE III
7617 SNAFFLEBIT LANE, APEX, NC 27502
EX-OFFICIO D0$0
ALLISON BUNCE
7617 SNAFFLEBIT LANE, APEX, NC 27502
EX-OFFICIO D0$0

Address and contacts

Address (IRS master file)
7617 SNAFFLEBIT LN, APEX, NC 27502-3975
Signed the 990-PF
WILLIAM D BUNCE II, PRESIDENT; DIRECTOR
Phone
(919) 381-8595
Return prepared by
WILLIAM TEMPLE ALLEN CPA PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-4438804
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$168,579
Income (IRS master file)
$21,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$21,464$2,215$168,579IRS
990-PFDecember 2023$11,809$399$149,421XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 47-4438804).

Questions about LBA FOUNDATION

What is the EIN of LBA FOUNDATION?
The employer identification number (EIN) of LBA FOUNDATION is 47-4438804.
Is LBA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to LBA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LBA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LBA 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 LBA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of LBA FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LBA FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $21,464, expenses of $2,215 and total assets of $168,579 at year end.

Other nonprofits in APEX

All nonprofits in APEX · North Carolina · Philanthropy, voluntarism and grantmaking foundations