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Nonprofit · EIN 86-3442542

LEBORNE DEVELOPMENT

Tax-exempt · BENTONVILLE, AR 72712

Financials

$52K$59K2023
Revenue Expenses · by fiscal year end
Financials of LEBORNE DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$51,962$58,910-$6,948$3,159$0$3,159
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$51,962
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$13,400
Salaries, compensation and benefits (total)
$14,425
Professional fundraising fees
$0
Travel
$9,177
Program services (functional)
$54,001
Management and general (functional)
$4,909

Balance sheet and other

Total assets, start of year
$10,107
Total assets, end of year
$3,159
Total liabilities, end of year
$0
Net assets, end of year
$3,159
Net assets without donor restrictions
$3,159
Gross receipts
$51,962
Employees
1
Volunteers
10
Year formed
2021
State of legal domicile
AR

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
ERNIE LECHUGAPRESIDENT
Trustee or director, Officer
25$13,400
JILL DABBSDIRECTOR
Trustee or director
1$0
MIKE KUHLTREASURER
Trustee or director, Officer
1$0
MATT PRZYBYSZDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
2403 SE COTTONWOOD ST, BENTONVILLE, AR 72712-4187
In care of
% ELIZABETH LECHUGA
Mailing address (990-N for 2021)
501 N MAIN ST, SPRINGDALE AR 72764
Principal officer (990 for 2023)
ERNIE LECHUGA, 1525 NW SHORES LOOPS, UNIT 208, BENTONVILLE, AR 72712
Principal officer (990-N for 2021)
ELIZABETH S LECHUGA, 501 N MAIN ST, SPRINGDALE AR 72764
Signed the 990
ERNIE LECHUGA, PRESIDENT
Phone
(479) 444-8200
Return prepared by
PRZ CPAS & ADVISORS

Mission

TO CREATE A HEALTHY AND COMPETITIVE ENVIRONMENT AMONG TALENTED JUNIOR CYCLISTS, AGES 13-18 AS WELL AS U23 RIDERS, FROM THE NORTHWEST ARKANSAS REGION. WE LOOK TO RAISE A GENERATION OF YOUNG CYCLISTS WHO CAN COMPETE AT THE REGIONAL, NATIONAL AND UCI WORLD EVENTS. WE SEE THIS AS A VITAL PART OF THE NWA CYCLING ECOSYSTEM.

990 for the year ended December 31, 2023

Program accomplishments

  • TO CREATE A HEALTHY AND COMPETITIVE ENVIRONMENT AMONG TALENTED JUNIOR CYCLISTS, AGES 13-18 AS WELL AS U23 RIDERS, FROM THE NORTHWEST ARKANSAS REGION. WE LOOK TO RAISE A GENERATION OF YOUNG CYCLISTS WHO CAN COMPETE AT THE REGIONAL, NATIONAL AND UCI WORLD EVENTS. WE SEE THIS AS A VITAL PART OF THE NWA CYCLING ECOSYSTEM.
    Expenses $54,001

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-3442542
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,159
Income (IRS master file)
$51,962

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$51,962$58,910$3,159XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: ELIZABETH S LECHUGA
December 31, 2021≤ $50,000 receipts––e-Postcard

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 86-3442542).

Questions about LEBORNE DEVELOPMENT

What is the EIN of LEBORNE DEVELOPMENT?
The employer identification number (EIN) of LEBORNE DEVELOPMENT is 86-3442542.
Is LEBORNE DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LEBORNE DEVELOPMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEBORNE DEVELOPMENT 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 LEBORNE DEVELOPMENT 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 LEBORNE DEVELOPMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of LEBORNE DEVELOPMENT?
The 990 for the year ended December 31, 2023 names ERNIE LECHUGA.
Who are the officers and directors of LEBORNE DEVELOPMENT?
The 990 for the year ended December 31, 2023 lists 4 people; 1 received compensation from the organization, the highest $13,400 (ERNIE LECHUGA, PRESIDENT).
How much revenue does LEBORNE DEVELOPMENT have?
On its 990 for the year ended December 31, 2023 it reported revenue of $51,962, expenses of $58,910 and total assets of $3,159 at year end.

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