Is Frederick H Leonhardt Foundation Legit?…

Quick charity verification for Frederick H Leonhardt Foundation (EIN: 136123271)

Spending Breakdown

How Frederick H Leonhardt Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Frederick H Leonhardt Foundation

Is Frederick H Leonhardt Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Frederick H Leonhardt Foundation (EIN: 136123271) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.

Is Frederick H Leonhardt Foundation a good charity to donate to?

Frederick H Leonhardt Foundation has a Mission Score of 75/100. Revenue: $909K. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Frederick H Leonhardt Foundation?

The Employer Identification Number (EIN) for Frederick H Leonhardt Foundation is 136123271. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Frederick H Leonhardt Foundation spend its money?

Frederick H Leonhardt Foundation allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Frederick H Leonhardt Foundation's tax-exempt status?

You can verify Frederick H Leonhardt Foundation's tax-exempt status using EIN 136123271 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Frederick H Leonhardt Foundation, based in Albuquerque, NM, appears to be a grant-making private foundation, as indicated by its NTEE code T22. Its financial health shows a consistent pattern of expenses exceeding revenue in most recent years, leading to a gradual decline in assets from a peak of $8,806,807 in 2020 to $7,692,733 in 2024. This trend suggests the foundation is spending down its endowment or relying on investment returns that are not fully covering its grant-making and operational costs. For instance, in 2024, expenses were $594,603 against revenues of $463,599, resulting in a deficit of over $130,000.

The organization demonstrates strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that its officers are likely unpaid volunteers or that compensation is covered by other means not reported in this section, which is common for smaller foundations. The foundation's liabilities have remained relatively low, generally under $10,000, except for a notable increase to $5,193 in 2024, which is still manageable relative to its assets. The consistent filing of IRS Form 990s over many years also points to a commitment to regulatory compliance and transparency.

Given its nature as a private foundation, the 'spending efficiency' is primarily measured by its grant-making activities relative to administrative costs. Without a detailed breakdown of program vs. administrative expenses, it's challenging to precisely assess efficiency. However, the absence of officer compensation suggests a lean operational structure. The consistent decline in assets due to spending more than it earns is a key financial characteristic, indicating a strategy of distributing funds rather than growing its endowment.

Is Frederick H Leonhardt Foundation Legit?

Verdict: Frederick H Leonhardt Foundation appears trustworthy

Red Flags

Strengths