Lead Maryland Foundation Inc
Lead Maryland Foundation Inc. shows stable assets but recent expenses exceed revenue, with no reported officer compensation.
EIN: 10725238 · Queenstown, MD · NTEE: B30 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $291K |
| Total Expenses | $315K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $291,109 |
| Net Assets | $563K |
| Transparency Score | 85/100 |
Is Lead Maryland Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lead Maryland Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lead Maryland Foundation Inc
Lead Maryland Foundation Inc (EIN: 10725238) is a nonprofit organization based in Queenstown, MD, classified under NTEE code B30. The organization reported total revenue of $291K and total assets of $704K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lead Maryland Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lead Maryland Foundation Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $315K |
| Surplus / Deficit | $-91,765 |
| Total Assets | $657K |
| Total Liabilities | $94K |
| Net Assets | $563K |
| Operating Margin | -41.2% |
| Debt-to-Asset Ratio | 14.3% |
| Months of Reserves | 25.1 months |
Financial Health Grade: B
In 2024, Lead Maryland Foundation Inc reported a deficit of $92K with expenses exceeding revenue, holds 25.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Lead Maryland Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.7% | -4.9% | -0.7% |
| 2023 | +8.3% | +70.8% | -9.8% |
| 2022 | +57.3% | +48.2% | -5.0% |
| 2021 | -20.7% | -9.8% | +12.1% |
| 2020 | -34.1% | -51.5% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
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 Lead Maryland 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lead Maryland Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through mechanisms not classified as officer compensation, which is highly favorable for a nonprofit of its size (latest revenue $291,109).
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 Lead Maryland Foundation Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., 202406 and 202306 filings).
Strengths
The following positive indicators were identified for Lead Maryland Foundation Inc:
- Consistent asset base over many years (e.g., $704,385 latest assets).
- No reported officer compensation across all available filings, indicating efficient use of funds at the executive level.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and accountability.
Frequently Asked Questions about Lead Maryland Foundation Inc
Is Lead Maryland Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lead Maryland Foundation Inc (EIN: 10725238) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Lead Maryland Foundation Inc spend its money?
Lead Maryland Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lead Maryland Foundation Inc tax-deductible?
Lead Maryland Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10725238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lead Maryland Foundation Inc CEO make?
Lead Maryland Foundation Inc's highest-compensated officer earns $291,109 annually. The organization reported $291K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lead Maryland Foundation Inc's spending goes to programs?
Lead Maryland Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lead Maryland Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lead Maryland Foundation Inc is above average for NTEE category B30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lead Maryland Foundation Inc located?
Lead Maryland Foundation Inc is headquartered in Queenstown, Maryland and files with the IRS under EIN 10725238. It is classified under NTEE code B30.
How many years of IRS 990 filings does Lead Maryland Foundation Inc have?
Lead Maryland Foundation Inc 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 $291K in total revenue.
Is Lead Maryland Foundation Inc. financially stable?
Yes, the organization has maintained stable assets around $700,000 for many years. However, recent filings (202406 and 202306) show expenses exceeding revenue, which could impact long-term stability if the trend continues.
How does Lead Maryland Foundation Inc. compensate its leadership?
All available IRS 990 filings report 0% officer compensation, suggesting that leadership may be volunteer-based or compensated through other means not categorized as officer compensation.
What is the trend in revenue and expenses for Lead Maryland Foundation Inc.?
Revenue has fluctuated, but in the most recent two periods (202406 and 202306), expenses ($314,615 and $330,757 respectively) significantly exceeded revenues ($222,850 and $249,547 respectively).
Filing History
IRS 990 filing history for Lead Maryland Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lead Maryland Foundation Inc's revenue has grown by 32.3%, moving from $168K to $223K. Total assets increased by 20.1% over the same period, from $547K to $657K. Total functional expenses rose by 133.9%, from $135K to $315K. In its most recent filing year (2024), Lead Maryland Foundation Inc reported a deficit of $92K, with expenses exceeding revenue. The organization holds $94K in liabilities against $657K in assets (debt-to-asset ratio: 14.3%), resulting in net assets of $563K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $223K | $315K | $657K | $94K | — | — |
| 2023 | $250K | $331K | $662K | $72K | — | View 990 |
| 2022 | $230K | $194K | $734K | $65K | — | View 990 |
| 2021 | $146K | $131K | $773K | $68K | — | View 990 |
| 2020 | $185K | $145K | $689K | $50K | — | View 990 |
| 2019 | $280K | $299K | $676K | $68K | — | View 990 |
| 2018 | $203K | $161K | $697K | $65K | — | View 990 |
| 2017 | $276K | $261K | $646K | $55K | — | View 990 |
| 2016 | $206K | $183K | $654K | $82K | — | View 990 |
| 2015 | $268K | $267K | $634K | $85K | — | View 990 |
| 2014 | $217K | $156K | $639K | $90K | — | View 990 |
| 2013 | $259K | $244K | $554K | $79K | — | View 990 |
| 2012 | $168K | $135K | $547K | $88K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $223K, expenses of $315K, and assets of $657K (revenue -10.7% year-over-year).
- 2023: Revenue of $250K, expenses of $331K, and assets of $662K (revenue +8.3% year-over-year).
- 2022: Revenue of $230K, expenses of $194K, and assets of $734K (revenue +57.3% year-over-year).
- 2021: Revenue of $146K, expenses of $131K, and assets of $773K (revenue -20.7% year-over-year).
- 2020: Revenue of $185K, expenses of $145K, and assets of $689K (revenue -34.1% year-over-year).
- 2019: Revenue of $280K, expenses of $299K, and assets of $676K (revenue +38.2% year-over-year).
- 2018: Revenue of $203K, expenses of $161K, and assets of $697K (revenue -26.5% year-over-year).
- 2017: Revenue of $276K, expenses of $261K, and assets of $646K (revenue +33.9% year-over-year).
- 2016: Revenue of $206K, expenses of $183K, and assets of $654K (revenue -22.9% year-over-year).
- 2015: Revenue of $268K, expenses of $267K, and assets of $634K (revenue +23.5% year-over-year).
- 2014: Revenue of $217K, expenses of $156K, and assets of $639K (revenue -16.4% year-over-year).
- 2013: Revenue of $259K, expenses of $244K, and assets of $554K (revenue +53.9% year-over-year).
- 2012: Revenue of $168K, expenses of $135K, and assets of $547K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lead Maryland Foundation Inc:
Data Sources and Methodology
This transparency report for Lead Maryland 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.