Quick charity verification for Leader Family Foundation (EIN: 161720952)
Verdict: Leader Family Foundation appears trustworthy
85/100Mission Score
$1.4MRevenue
$4.5MAssets
1Red Flags
4Strengths
Red Flags
Highly variable revenue, indicating potential reliance on unpredictable income sources.
Strengths
Consistent asset growth, from $2,613,670 in 2014 to $4,270,034 in 2023.
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Very low liabilities ($1 across all filings), suggesting strong financial stability and minimal debt.
Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Spending Breakdown
How Leader Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Leader Family Foundation
Is Leader Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Leader Family Foundation (EIN: 161720952) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Leader Family Foundation a good charity to donate to?
Leader Family Foundation has a Mission Score of 85/100. Revenue: $1.4M. Assets: $4.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leader Family Foundation?
The Employer Identification Number (EIN) for Leader Family Foundation is 161720952. 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 Leader Family Foundation spend its money?
Leader Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leader Family Foundation's tax-exempt status?
You can verify Leader Family Foundation's tax-exempt status using EIN 161720952 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 Leader Family Foundation appears to be a private foundation, as indicated by its NTEE code T20 and consistent low liabilities. Its financial health shows significant growth in assets, from $2,613,670 in 2014 to $4,270,034 in 2023. Revenue has been highly variable, with a peak of $2,762,274 in 2014 and a recent high of $1,076,948 in 2023, suggesting reliance on investment returns or large, infrequent contributions rather than consistent public support. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, the foundation consistently reports zero officer compensation, which is a positive indicator for minimizing administrative overhead related to executive pay. The foundation's transparency is generally good through its 990 filings, which are publicly available and consistently submitted.