Florence & Edgar Leslie Charitable Foundation
Florence & Edgar Leslie Charitable Foundation maintains stable assets with no officer compensation.
EIN: 136720542 · Beacon Falls, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $100K |
| Program Spending | 85% |
| Net Assets | $2.0M |
| Transparency Score | 88/100 |
Is Florence & Edgar Leslie Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Florence & Edgar Leslie Charitable Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Florence & Edgar Leslie Charitable Foundation
Florence & Edgar Leslie Charitable Foundation (EIN: 136720542) is a nonprofit organization based in Beacon Falls, CT. The organization reported total revenue of $246K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Florence & Edgar Leslie Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Florence & Edgar Leslie Charitable Foundation is a small nonprofit that has been operating for 50 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $100K |
| Surplus / Deficit | $-61,536 |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | -161.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 242.1 months |
Financial Health Grade: B
In 2023, Florence & Edgar Leslie Charitable Foundation reported a deficit of $62K with expenses exceeding revenue, holds 242.1 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), Florence & Edgar Leslie Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.1% | -11.9% | -3.0% |
| 2022 | -37.4% | +2.7% | +0.1% |
| 2021 | +94.9% | -13.1% | +2.9% |
| 2020 | -19.8% | +13.9% | -1.9% |
| 2019 | -40.5% | +13.0% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Florence & Edgar Leslie Charitable Foundation with a Mission Score of 88 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Florence & Edgar Leslie Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 deficit of $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership serves without direct salary, which is highly efficient for a charitable organization of its size.
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.
Strengths
The following positive indicators were identified for Florence & Edgar Leslie Charitable Foundation:
- Consistent asset base around $2 million, demonstrating financial stability.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Minimal liabilities (consistently $1), showing very low debt and strong financial health.
- Stable expense management, typically around $100,000-$120,000 annually, indicating predictable operations.
- Strong program focus implied by the nature of a charitable foundation and lack of fundraising expenses.
Frequently Asked Questions about Florence & Edgar Leslie Charitable Foundation
Is Florence & Edgar Leslie Charitable Foundation a legitimate charity?
Florence & Edgar Leslie Charitable Foundation (EIN: 136720542) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 88/100. It has 10 years of IRS 990 filings on record. Total revenue: $246K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Florence & Edgar Leslie Charitable Foundation spend its money?
Florence & Edgar Leslie Charitable Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Florence & Edgar Leslie Charitable Foundation tax-deductible?
Florence & Edgar Leslie Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 136720542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Florence & Edgar Leslie Charitable Foundation located?
Florence & Edgar Leslie Charitable Foundation is headquartered in Beacon Falls, Connecticut and files with the IRS under EIN 136720542.
How many years of IRS 990 filings does Florence & Edgar Leslie Charitable Foundation have?
Florence & Edgar Leslie Charitable 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 $246K in total revenue.
What are the primary program activities of the Florence & Edgar Leslie Charitable Foundation?
Based on the provided data, the specific program activities are not detailed. However, as a charitable foundation, its primary program would typically involve grantmaking to other non-profit organizations aligned with its mission.
How does the foundation manage years where expenses exceed revenue, such as in 2023?
In years like 2023, where expenses ($99,549) exceeded revenue ($38,013), the foundation likely covers the deficit through its substantial asset base ($2,008,271 in 2023), drawing from investment income or accumulated reserves.
Is the foundation's asset base growing or shrinking?
The foundation's asset base has remained remarkably stable over the past decade, fluctuating around $2 million. For example, it was $1,872,057 in 2011 and $2,008,271 in 2023, indicating consistent financial management rather than significant growth or decline.
Filing History
IRS 990 filing history for Florence & Edgar Leslie Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Florence & Edgar Leslie Charitable Foundation's revenue has declined by 90.2%, moving from $388K to $38K. Total assets increased by 7.3% over the same period, from $1.9M to $2.0M. Total functional expenses rose by 2.7%, from $97K to $100K. In its most recent filing year (2023), Florence & Edgar Leslie Charitable Foundation reported a deficit of $62K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $100K | $2.0M | $1 | — | — |
| 2022 | $106K | $113K | $2.1M | $1 | — | View 990 |
| 2021 | $169K | $110K | $2.1M | $1 | — | View 990 |
| 2020 | $87K | $127K | $2.0M | $1 | — | — |
| 2019 | $108K | $111K | $2.0M | $1 | — | View 990 |
| 2015 | $182K | $98K | $2.1M | $1 | — | View 990 |
| 2014 | $186K | $113K | $2.0M | $1 | — | View 990 |
| 2013 | $134K | $105K | $1.9M | $0 | — | View 990 |
| 2012 | $97K | $100K | $1.9M | $0 | — | View 990 |
| 2011 | $388K | $97K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $100K, and assets of $2.0M (revenue -64.1% year-over-year).
- 2022: Revenue of $106K, expenses of $113K, and assets of $2.1M (revenue -37.4% year-over-year).
- 2021: Revenue of $169K, expenses of $110K, and assets of $2.1M (revenue +94.9% year-over-year).
- 2020: Revenue of $87K, expenses of $127K, and assets of $2.0M (revenue -19.8% year-over-year).
- 2019: Revenue of $108K, expenses of $111K, and assets of $2.0M (revenue -40.5% year-over-year).
- 2015: Revenue of $182K, expenses of $98K, and assets of $2.1M (revenue -2.5% year-over-year).
- 2014: Revenue of $186K, expenses of $113K, and assets of $2.0M (revenue +38.7% year-over-year).
- 2013: Revenue of $134K, expenses of $105K, and assets of $1.9M (revenue +39.1% year-over-year).
- 2012: Revenue of $97K, expenses of $100K, and assets of $1.9M (revenue -75.1% year-over-year).
- 2011: Revenue of $388K, expenses of $97K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Florence & Edgar Leslie Charitable Foundation:
Data Sources and Methodology
This transparency report for Florence & Edgar Leslie Charitable 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.