Lamb Promotion Research & Information Board
- Assets
- $2.7m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Greenwood Village, CO
- Founding
- Data as of
- 09/2023
- EIN
- 90-0056322
Organization Overview
Lamb Promotion Research & Information Board, operating under the name American Lamb Board, is located in Greenwood Village, CO. As of 09/2023, American Lamb Board employed 4 individuals. American Lamb Board is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2023, American Lamb Board generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $2.8m during the year ending 09/2023. While expenses have increased by 10.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE VALUE OF AMERICAN LAMB FOR ALL SEGMENTS CONTRIBUTING TO THE AMERICAN LAMB CHECKOFF PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE THE VALUE OF AMERICAN LAMB FOR ALL SEGMENTS CONTRIBUTING TO THE AMERICAN LAMB CHECKOFF PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Camino Chair | OfficerTrustee | 1 | $0 |
Jeff Ebert Vice Chair | OfficerTrustee | 1 | $0 |
David Fisher Secretary | OfficerTrustee | 1 | $0 |
Donald Hawk Treasurer | OfficerTrustee | 1 | $0 |
Andrew Allman Director | Trustee | 1 | $0 |
Sally Scholle Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,446 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,446 |
| Total Program Service Revenue | $3,154,422 |
| Investment income | $7,070 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,189,938 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $175,475 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,303 |
| Pension plan accruals and contributions | $6,875 |
| Other employee benefits | $12,888 |
| Payroll taxes | $23,389 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,026 |
| Advertising and promotion | $1,559,006 |
| Office expenses | $42,949 |
| Information technology | $8,589 |
| Royalties | $0 |
| Occupancy | $42,196 |
| Travel | $79,447 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,690 |
| Total functional expenses | $2,769,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,020,938 |
| Savings and temporary cash investments | $225,000 |
| Pledges and grants receivable | $28,446 |
| Accounts receivable, net | $389,252 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,175 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,669,811 |
| Accounts payable and accrued expenses | $357,459 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $357,459 |
| Net assets without donor restrictions | $2,312,352 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,669,811 |