Is Leadership For Educational Achievement Foundation Inc Legit?
Quick charity verification for Leadership For Educational Achievement Foundation Inc (EIN: 208206775)
Verdict: Leadership For Educational Achievement Foundation Inc appears trustworthy
92/100Mission Score
$3.6MRevenue
$2.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for an organization with growing revenue of nearly $3 million, which could indicate compensation is reported under other categories or that the executive leadership is entirely volunteer-based, which is uncommon for this scale.
Strengths
Strong and consistent revenue growth, particularly in recent years (e.g., from $732,185 in 2021 to $2,932,245 in 2023).
Healthy asset base ($1,734,567 in 2023) relative to liabilities ($283,779 in 2023), indicating financial stability.
Consistent reporting of 0% officer compensation, suggesting a high dedication of funds to programs.
Positive net income in most recent filings (e.g., $2,932,245 revenue vs. $2,654,978 expenses in 2023).
AI Transparency Report
Leadership For Educational Achievement Foundation Inc demonstrates a strong financial trajectory, with revenue growing significantly from $732,185 in 2021 to $2,932,245 in 2023. This growth indicates increasing support for its mission. The organization consistently maintains a healthy financial position, with assets growing from $1,079,531 in 2021 to $1,734,567 in 2023, while liabilities remain manageable relative to assets. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice is a strong indicator of spending efficiency and donor trust.