Block Leavitt Foundation
EIN: 367160637 · Seattle, WA · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $194K |
| Total Expenses | $11K |
| Net Assets | $1.1M |
Is Block Leavitt Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Block Leavitt Foundation
Block Leavitt Foundation (EIN: 367160637) is a nonprofit organization based in Seattle, WA, classified under NTEE code T20Z. The organization reported total revenue of $194K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Block Leavitt Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Block Leavitt Foundation is a small nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $11K |
| Surplus / Deficit | +$10K |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | 46.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1150.8 months |
Financial Health Grade: A
In 2023, Block Leavitt Foundation reported a surplus of $10K with revenue exceeding expenses, holds 1150.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Block Leavitt Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.5% | -87.3% | +0.9% |
| 2022 | +56.7% | -22.8% | +3.0% |
| 2021 | -62.2% | -3.3% | -3.6% |
| 2020 | +280.0% | +25.3% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Block Leavitt Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Block Leavitt Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Block Leavitt Foundation
Is Block Leavitt Foundation a legitimate charity?
Block Leavitt Foundation (EIN: 367160637) is a registered tax-exempt nonprofit based in Washington. It has 10 years of IRS 990 filings on record. Total revenue: $194K. No red flags identified. Financial health grade: A.
How does Block Leavitt Foundation spend its money?
Block Leavitt Foundation reported $194K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Block Leavitt Foundation tax-deductible?
Block Leavitt Foundation is registered as a tax-exempt nonprofit (EIN: 367160637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Block Leavitt Foundation located?
Block Leavitt Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 367160637. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Block Leavitt Foundation have?
Block Leavitt Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $194K in total revenue.
Filing History
IRS 990 filing history for Block Leavitt Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Block Leavitt Foundation's revenue has declined by 34%, moving from $31K to $21K. Total assets decreased by 14.3% over the same period, from $1.2M to $1.1M. Total functional expenses fell by 92.5%, from $149K to $11K. In its most recent filing year (2023), Block Leavitt Foundation reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $11K | $1.1M | $1 | — | — |
| 2022 | $118K | $88K | $1.1M | $78 | — | View 990 |
| 2021 | $76K | $114K | $1.0M | $78 | — | View 990 |
| 2020 | $200K | $117K | $1.1M | $78 | — | — |
| 2019 | $53K | $94K | $984K | $0 | — | View 990 |
| 2015 | $-21,853 | $135K | $1.0M | $0 | — | View 990 |
| 2014 | $125K | $131K | $1.2M | $0 | — | View 990 |
| 2013 | $147K | $177K | $1.2M | $0 | — | View 990 |
| 2012 | $73K | $118K | $1.2M | $0 | — | View 990 |
| 2011 | $31K | $149K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $11K, and assets of $1.1M (revenue -82.5% year-over-year).
- 2022: Revenue of $118K, expenses of $88K, and assets of $1.1M (revenue +56.7% year-over-year).
- 2021: Revenue of $76K, expenses of $114K, and assets of $1.0M (revenue -62.2% year-over-year).
- 2020: Revenue of $200K, expenses of $117K, and assets of $1.1M (revenue +280.0% year-over-year).
- 2019: Revenue of $53K, expenses of $94K, and assets of $984K.
- 2015: Revenue of $-21,853, expenses of $135K, and assets of $1.0M (revenue -117.5% year-over-year).
- 2014: Revenue of $125K, expenses of $131K, and assets of $1.2M (revenue -15.4% year-over-year).
- 2013: Revenue of $147K, expenses of $177K, and assets of $1.2M (revenue +102.9% year-over-year).
- 2012: Revenue of $73K, expenses of $118K, and assets of $1.2M (revenue +131.4% year-over-year).
- 2011: Revenue of $31K, expenses of $149K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Block Leavitt Foundation:
Data Sources and Methodology
This transparency report for Block Leavitt Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.