Leborne Development is located in Bentonville, AR. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leborne Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR MISSION IS TO CREATE A HEALTHY, COMPETITIVE ENVIRONMENT AMONG TALENTED JUNIOR CYCLISTS, INCLUDING JUNIORS AGED 13-18, AS WELL AS U23 RIDERS FROM AROUND THE NORTHWEST ARKANSAS REGION. WITH PROFESSIONAL, EXPERIENCED COACHES, WE LOOK TO RAISE A GENERATION OF YOUNG CYCLISTS WHO CAN COMPETE AT REGIONAL, NATIONAL, AND UCI WORLD JUNIOR EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernesto Lechuga President | 1 | $15,900 | |
Elizabeth S Lechuga Executive Di | 1 | $14,500 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,909 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $106,684 |
| Total expenses | $139,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,107 |
| Other assets | $0 |
| Total assets | $10,107 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,107 |