Quick charity verification for Leeway Inc (EIN: 223065847)
Verdict: Leeway Inc appears trustworthy
75/100Mission Score
$9.4MRevenue
$8.7MAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of 0% compensation for highest-paid employees across all years raises questions about the accuracy and completeness of executive compensation disclosures.
A continuous decline in liquidity, with liabilities growing from $4,484,425 in 2023 to $7,605,160 in 2017, suggests potential financial strain if not managed effectively.
Total expenses have consistently been very close to total revenue, indicating a tight operating margin and limited reserves for unexpected events.
Strengths
Leeway Inc. demonstrates consistent revenue generation, maintaining over $7.5 million annually for the past seven years, indicating stable donor support or program funding.
The organization consistently allocates a high percentage of its expenses to programs, suggesting a strong commitment to its mission.
Assets have remained relatively stable, hovering around $9-10 million, providing a base for operations despite declining liquidity.
AI Transparency Report
Leeway Inc is a diseases, disorders & medical disciplines nonprofit based in New Haven, Connecticut, with reported revenue of $9.4M and assets of $8.7M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is reported as 0% for the highest-paid employees across all available filings, which is unusual and requires clarification on the actual compensation structure for leadership. Revenue has grown +29% across 13 filing periods.