Foundation For Self Leadership

Foundation For Self Leadership experiences recent operating deficits despite long-term revenue growth and no reported officer compensation.

EIN: 201318139 · Oak Park, IL · NTEE: B82 · Updated: 2026-03-28

$416KRevenue
$385KAssets
75/100Mission Score (Good)
B82
Foundation For Self Leadership Financial Summary
MetricValue
Total Revenue$416K
Total Expenses$510K
Program Spending70%
CEO/Top Officer Pay$400,000.
Net Assets$320K
Transparency Score75/100

Is Foundation For Self Leadership Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Foundation For Self Leadership directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Foundation For Self Leadership

Foundation For Self Leadership (EIN: 201318139) is a nonprofit organization based in Oak Park, IL, classified under NTEE code B82. The organization reported total revenue of $416K and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Self Leadership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Foundation For Self Leadership is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 74.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$396K
Total Expenses$510K
Surplus / Deficit$-113,939
Total Assets$332K
Total Liabilities$12K
Net Assets$320K
Operating Margin-28.8%
Debt-to-Asset Ratio3.5%
Months of Reserves7.8 months

Financial Health Grade: B

In 2023, Foundation For Self Leadership reported a deficit of $114K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Foundation For Self Leadership's revenue has grown at a compound annual growth rate (CAGR) of 74.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+24.5%+12.7%-26.9%
2022-43.9%+64.7%-23.0%
2021+78.9%+21.6%+97.3%
2020-17.8%+5.2%+18.8%
2019+154.5%+12.0%+73.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Foundation For Self Leadership demonstrates a mixed financial picture. While the organization has shown significant growth in revenue over the past decade, from $40,206 in 2014 to $396,141 in 2023, it has also experienced periods of substantial deficit spending. For instance, in 2023, expenses of $510,080 significantly outstripped revenue of $396,141, leading to a decrease in assets from $453,896 in 2022 to $331,989 in 2023. This trend of expenses exceeding revenue was also observed in 2022 and 2018, indicating potential challenges in maintaining financial equilibrium despite overall growth. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or that compensation is structured in a way not reported as officer compensation on these forms. This practice, if truly indicative of unpaid leadership, can be a positive sign for donors as it implies more resources are directed towards the mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. Overall, the Foundation For Self Leadership appears to be a growing organization, but its financial stability is somewhat volatile, with recent years showing significant operating losses. The lack of officer compensation is a strong positive for transparency and efficiency, but the organization should aim for more consistent financial management to avoid repeated deficits and ensure long-term sustainability. Further details on expense allocation would provide a clearer picture of its spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Foundation For Self Leadership with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Foundation For Self Leadership allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$396KTotal Revenue
$510KTotal Expenses
$332KTotal Assets
$12KTotal Liabilities
$320KNet Assets

Executive Compensation Analysis

The Foundation For Self Leadership 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 on the 990, which is highly unusual for an organization with revenue reaching nearly $400,000.

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 Foundation For Self Leadership's IRS 990 filings:

Strengths

The following positive indicators were identified for Foundation For Self Leadership:

Frequently Asked Questions about Foundation For Self Leadership

Is Foundation For Self Leadership a legitimate charity?

Foundation For Self Leadership (EIN: 201318139) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $416K. 3 red flags identified. 4 strengths noted. Financial health grade: B.

How does Foundation For Self Leadership spend its money?

Foundation For Self Leadership directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Foundation For Self Leadership tax-deductible?

Foundation For Self Leadership is registered as a tax-exempt nonprofit (EIN: 201318139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Foundation For Self Leadership CEO make?

Foundation For Self Leadership's highest-compensated officer earns $400,000. annually. The organization reported $416K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Foundation For Self Leadership's spending goes to programs?

Foundation For Self Leadership directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Foundation For Self Leadership compare to similar nonprofits?

With a transparency score of 75/100 (Good), Foundation For Self Leadership is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Foundation For Self Leadership located?

Foundation For Self Leadership is headquartered in Oak Park, Illinois and files with the IRS under EIN 201318139. It is classified under NTEE code B82.

How many years of IRS 990 filings does Foundation For Self Leadership have?

Foundation For Self Leadership has 13 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 $416K in total revenue.

Why did expenses exceed revenue significantly in 2023 and 2022?

In 2023, expenses were $510,080 against revenue of $396,141, and in 2022, expenses were $452,547 against revenue of $318,071. This indicates substantial operating deficits in recent years, which could be due to strategic investments, unexpected costs, or a temporary dip in funding.

How does the organization sustain itself with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-driven, or that compensation is structured differently and not reported in this section of the 990. This is a significant factor in its operational model.

What caused the significant drop in assets from $589,740 in 2021 to $331,989 in 2023?

The decline in assets is primarily attributable to the operating deficits experienced in 2022 (expenses $452,547 vs. revenue $318,071) and 2023 (expenses $510,080 vs. revenue $396,141), where the organization spent more than it brought in, drawing down its reserves.

Filing History

IRS 990 filing history for Foundation For Self Leadership showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Foundation For Self Leadership's revenue has grown by 78655.7%, moving from $503 to $396K. Total assets increased by 5236.6% over the same period, from $6K to $332K. Total functional expenses rose by 60768.7%, from $838 to $510K. In its most recent filing year (2023), Foundation For Self Leadership reported a deficit of $114K, with expenses exceeding revenue. The organization holds $12K in liabilities against $332K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $320K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $396K $510K $332K $12K
2022 $318K $453K $454K $20K View 990
2021 $567K $275K $590K $21K View 990
2020 $317K $226K $299K $23K
2019 $386K $215K $252K $17K View 990
2018 $152K $192K $145K $20K View 990
2017 $127K $100K $165K $0 View 990
2016 $133K $85K $139K $0 View 990
2015 $119K $68K $90K $0 View 990
2014 $40K $15K $39K $0 View 990
2013 $11K $3K $14K $0 View 990
2012 $2 $535 $6K $0 View 990
2011 $503 $838 $6K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Foundation For Self Leadership:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Foundation For Self Leadership 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.

Other Nonprofits in Illinois

Explore more nonprofits based in Illinois with AI-powered transparency reports.

1. Shorefront

Evanston · $925K revenue · Score: 75/100

View all Illinois nonprofits →

Similar Organizations (NTEE B82)

Other nonprofits classified under NTEE code B82.

View all B82 nonprofits →

Explore Related Nonprofits

Browse by State