Dorothea L Leonhardt Foundation Inc
Dorothea L Leonhardt Foundation maintains low liabilities and zero reported officer compensation amidst declining assets.
EIN: 133420520 · Bellerose, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $3.9M |
| Transparency Score | 85/100 |
Is Dorothea L Leonhardt Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dorothea L Leonhardt Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dorothea L Leonhardt Foundation Inc
Dorothea L Leonhardt Foundation Inc (EIN: 133420520) is a nonprofit organization based in Bellerose, NY. The organization reported total revenue of $1.9M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dorothea L Leonhardt Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dorothea L Leonhardt Foundation Inc is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$103K |
| Total Assets | $3.9M |
| Total Liabilities | $199 |
| Net Assets | $3.9M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 23.9 months |
Financial Health Grade: A
In 2023, Dorothea L Leonhardt Foundation Inc reported a surplus of $103K with revenue exceeding expenses, holds 23.9 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), Dorothea L Leonhardt Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | -10.6% | +2.7% |
| 2022 | +24.7% | +25.3% | -8.9% |
| 2021 | +20.4% | +5.5% | -6.5% |
| 2020 | +19.6% | +8.8% | -9.1% |
| 2019 | -17.2% | +70.9% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dorothea L Leonhardt Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Dorothea L Leonhardt Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through means not categorized as officer compensation, which is highly favorable for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Dorothea L Leonhardt Foundation Inc's IRS 990 filings:
- Declining asset base over the past decade, from $5.27 million in 2011 to $3.92 million in 2023, without clear explanation.
- Unknown NTEE code, making it difficult to understand the organization's specific charitable purpose and benchmark its performance.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Dorothea L Leonhardt Foundation Inc:
- Consistently reports 0% officer compensation, indicating very low administrative overhead related to executive pay.
- Maintains extremely low liabilities, consistently under $200 in recent years, demonstrating strong financial solvency.
- Consistent filing history over 10 periods, indicating good compliance and transparency in financial reporting.
Frequently Asked Questions about Dorothea L Leonhardt Foundation Inc
Is Dorothea L Leonhardt Foundation Inc a legitimate charity?
Dorothea L Leonhardt Foundation Inc (EIN: 133420520) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Dorothea L Leonhardt Foundation Inc spend its money?
Dorothea L Leonhardt Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dorothea L Leonhardt Foundation Inc tax-deductible?
Dorothea L Leonhardt Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133420520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dorothea L Leonhardt Foundation Inc located?
Dorothea L Leonhardt Foundation Inc is headquartered in Bellerose, New York and files with the IRS under EIN 133420520.
How many years of IRS 990 filings does Dorothea L Leonhardt Foundation Inc have?
Dorothea L Leonhardt Foundation Inc 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 $1.9M in total revenue.
What is the specific mission or program focus of the Dorothea L Leonhardt Foundation Inc?
The NTEE code is unknown, and without further information from the 990 filings beyond financial data, the specific mission or program focus cannot be determined from the provided data.
Why have the organization's assets declined from $5.27 million in 2011 to $3.92 million in 2023?
The decline in assets could be due to significant grantmaking exceeding investment returns, investment losses, or a combination of factors. Without a detailed statement of activities or investment performance, the exact reasons are not discernible from the provided data.
How does the foundation manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or that any compensation is covered by an external entity or reported under a different expense category not specified as 'officer compensation' in the provided summary.
Filing History
IRS 990 filing history for Dorothea L Leonhardt Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dorothea L Leonhardt Foundation Inc's revenue has grown by 143.8%, moving from $851K to $2.1M. Total assets decreased by 25.6% over the same period, from $5.3M to $3.9M. Total functional expenses rose by 180.7%, from $702K to $2.0M. In its most recent filing year (2023), Dorothea L Leonhardt Foundation Inc reported a surplus of $103K, with revenue exceeding expenses. The organization holds $199 in liabilities against $3.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.0M | $3.9M | $199 | — | View 990 |
| 2022 | $1.8M | $2.2M | $3.8M | $193 | — | View 990 |
| 2021 | $1.5M | $1.8M | $4.2M | $180 | — | View 990 |
| 2020 | $1.2M | $1.7M | $4.5M | $169 | — | View 990 |
| 2019 | $1.0M | $1.5M | $4.9M | $159 | — | View 990 |
| 2015 | $1.2M | $896K | $5.5M | $4K | — | View 990 |
| 2014 | $750K | $701K | $5.1M | $7K | — | View 990 |
| 2013 | $634K | $675K | $5.1M | $9K | — | View 990 |
| 2012 | $350K | $494K | $5.1M | $13K | — | View 990 |
| 2011 | $851K | $702K | $5.3M | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.0M, and assets of $3.9M (revenue +13.4% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.2M, and assets of $3.8M (revenue +24.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.8M, and assets of $4.2M (revenue +20.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.7M, and assets of $4.5M (revenue +19.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.5M, and assets of $4.9M (revenue -17.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $896K, and assets of $5.5M (revenue +64.1% year-over-year).
- 2014: Revenue of $750K, expenses of $701K, and assets of $5.1M (revenue +18.3% year-over-year).
- 2013: Revenue of $634K, expenses of $675K, and assets of $5.1M (revenue +81.3% year-over-year).
- 2012: Revenue of $350K, expenses of $494K, and assets of $5.1M (revenue -58.9% year-over-year).
- 2011: Revenue of $851K, expenses of $702K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dorothea L Leonhardt Foundation Inc:
Data Sources and Methodology
This transparency report for Dorothea L Leonhardt Foundation Inc 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.