Is Leonard Wood Institute Inc Legit?

Quick charity verification for Leonard Wood Institute Inc (EIN: 200694498)

Verdict: Leonard Wood Institute Inc appears trustworthy

75/100Mission Score
$979KRevenue
$248KAssets
3Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

The Leonard Wood Institute Inc. demonstrates a fluctuating financial performance over the past decade, with significant swings in revenue and expenses. For instance, revenue peaked at $5,680,555 in 2020 but dropped to $1,184,811 by 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 ($1,266,189 expenses vs. $1,184,811 revenue) and 2021 ($3,362,209 expenses vs. $2,983,939 revenue), suggesting potential challenges in maintaining financial stability or managing cash flow effectively. While the lack of executive compensation is positive, the inconsistent financial results and occasional deficits warrant closer examination of their operational efficiency and long-term sustainability.

View Full Transparency Report →

Disclaimer

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

Related Pages