Is Leadingage Inc Legit?

Quick charity verification for Leadingage Inc (EIN: 136213525)

Verdict: Leadingage Inc appears trustworthy

85/100Mission Score
$32.8MRevenue
$34.3MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Leadingage Inc demonstrates consistent financial activity, with revenues generally aligning with or slightly exceeding expenses over the past decade. For instance, in 2023, the organization reported revenues of $20,161,131 against expenses of $22,532,897, indicating a slight deficit for that period. However, in 2022, revenues of $22,887,231 slightly surpassed expenses of $22,446,770. The organization maintains a healthy asset base, consistently above $30 million, with $31,293,776 in assets reported in 2023, suggesting financial stability. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, indicating a commitment to public disclosure. The reported 0% officer compensation across all available filings is a notable point, suggesting that executive compensation is either not reported in this section or is exceptionally low, which could be a positive indicator of resource allocation towards its mission. Further investigation into the detailed breakdown of expenses would be necessary to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising efforts.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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