Quick charity verification for Leeway School (EIN: 112272955)
Verdict: Leeway School appears trustworthy
75/100Mission Score
$4.1MRevenue
$1.1MAssets
3Red Flags
3Strengths
Red Flags
Consistent liabilities exceeding assets
Unknown NTEE code hindering comparative analysis
Unusually low (0%) reported officer compensation for an organization of this size
Strengths
Consistent IRS 990 filing history (13 filings) indicating transparency
Tight operational margins, suggesting efficient use of funds (e.g., 2023 revenue $3,907,732 vs. expenses $3,884,964)
No reported officer compensation, potentially maximizing funds for programs
Spending Breakdown
How Leeway School allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Leeway School
Is Leeway School a legitimate charity?
Based on AI analysis of IRS 990 filings, Leeway School (EIN: 112272955) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Leeway School a good charity to donate to?
Leeway School has a Mission Score of 75/100. Revenue: $4.1M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leeway School?
The Employer Identification Number (EIN) for Leeway School is 112272955. 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 Leeway School spend its money?
Leeway School allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leeway School's tax-exempt status?
You can verify Leeway School's tax-exempt status using EIN 112272955 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
Leeway School demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, revenue was $3,907,732 against expenses of $3,884,964, indicating a tight operational budget. While the organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation directly to mission, the NTEE code is unknown, which can hinder a full understanding of its specific programmatic focus and comparative efficiency within its sector. The organization's assets have fluctuated but remained relatively stable, with $1,163,015 in assets in 2023, while liabilities have consistently exceeded assets, reaching $1,749,356 in 2023. This consistent asset-to-liability ratio suggests a reliance on external funding or short-term liabilities to cover operational costs.
The spending efficiency appears to be high, given the minimal difference between revenues and expenses in most years, suggesting that most incoming funds are directly utilized for operations. The absence of reported officer compensation further supports efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency regarding its financial operations, even if some details like NTEE code are not readily available in the provided data.
Overall, Leeway School appears to be a financially stable organization with a lean operational model, as evidenced by its tight revenue-to-expense margins and zero reported officer compensation. The primary area for improved transparency would be a more detailed breakdown of expenses to fully understand its spending efficiency across different categories and the clarification of its NTEE code to better contextualize its mission and impact.