Leadership Nexus Foundation
Leadership Nexus Foundation experienced a significant financial deficit in 2018, with expenses more than double its revenue.
EIN: 208113216 · Tulsa, OK · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $71K |
| Program Spending | 70% |
| Net Assets | $44K |
| Transparency Score | 55/100 |
Is Leadership Nexus Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leadership Nexus Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Leadership Nexus Foundation
Leadership Nexus Foundation (EIN: 208113216) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T30. The organization reported total revenue of $26K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leadership Nexus Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leadership Nexus Foundation is a micro nonprofit that has been operating for 18 years, with 5 years of IRS 990 filings on record (2014–2018). Revenue has grown at a compound annual rate of -26.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $71K |
| Surplus / Deficit | $-45,318 |
| Total Assets | $44K |
| Net Assets | $44K |
| Operating Margin | -176.6% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2018, Leadership Nexus Foundation reported a deficit of $45K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2014–2018), Leadership Nexus Foundation's revenue has declined at a compound annual growth rate (CAGR) of -26.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -67.3% | +17.5% | -50.6% |
| 2017 | +161.9% | +83.9% | +25.5% |
| 2016 | -48.6% | +22.1% | -3.8% |
| 2015 | -33.1% | -62.1% | +49.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Leadership Nexus Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Leadership Nexus Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is a positive sign for donor confidence and resource allocation to programs.
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 Leadership Nexus Foundation's IRS 990 filings:
- Significant operational deficit in the latest filing (2018 expenses $70,984 vs. revenue $25,666)
- Assets decreased by over 50% from 2017 to 2018 ($89,553 to $44,235)
- Fluctuating and inconsistent revenue streams over the past five years
Strengths
The following positive indicators were identified for Leadership Nexus Foundation:
- Consistently reports zero officer compensation, indicating resources are directed to the mission
- No reported liabilities across all filings, suggesting responsible debt management
- Consistent IRS 990 filing history demonstrates transparency
Frequently Asked Questions about Leadership Nexus Foundation
Is Leadership Nexus Foundation a legitimate charity?
Leadership Nexus Foundation (EIN: 208113216) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 55/100. It has 5 years of IRS 990 filings on record. Total revenue: $26K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Leadership Nexus Foundation spend its money?
Leadership Nexus Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Leadership Nexus Foundation tax-deductible?
Leadership Nexus Foundation is registered as a tax-exempt nonprofit (EIN: 208113216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Leadership Nexus Foundation's spending goes to programs?
Leadership Nexus Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Leadership Nexus Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Leadership Nexus Foundation is near average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Leadership Nexus Foundation located?
Leadership Nexus Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 208113216. It is classified under NTEE code T30.
How many years of IRS 990 filings does Leadership Nexus Foundation have?
Leadership Nexus Foundation has 5 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 $26K in total revenue.
Is Leadership Nexus Foundation financially stable?
Based on the latest 2018 filing, the organization is not financially stable, reporting expenses of $70,984 against revenue of $25,666, resulting in a significant deficit and a nearly 50% reduction in assets from the previous year.
What caused the large drop in assets in 2018?
The large drop in assets from $89,553 in 2017 to $44,235 in 2018 is primarily due to the organization's expenses ($70,984) far exceeding its revenue ($25,666) in that period.
Does Leadership Nexus Foundation pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no executives or officers are paid by the organization.
Filing History
IRS 990 filing history for Leadership Nexus Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2014–2018), Leadership Nexus Foundation's revenue has declined by 70.6%, moving from $87K to $26K. Total assets decreased by 11% over the same period, from $50K to $44K. Total functional expenses rose by 0%, from $71K to $71K. In its most recent filing year (2018), Leadership Nexus Foundation reported a deficit of $45K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $26K | $71K | $44K | $0 | — | View 990 |
| 2017 | $79K | $60K | $90K | $0 | — | View 990 |
| 2016 | $30K | $33K | $71K | $0 | — | View 990 |
| 2015 | $58K | $27K | $74K | $0 | — | View 990 |
| 2014 | $87K | $71K | $50K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $26K, expenses of $71K, and assets of $44K (revenue -67.3% year-over-year).
- 2017: Revenue of $79K, expenses of $60K, and assets of $90K (revenue +161.9% year-over-year).
- 2016: Revenue of $30K, expenses of $33K, and assets of $71K (revenue -48.6% year-over-year).
- 2015: Revenue of $58K, expenses of $27K, and assets of $74K (revenue -33.1% year-over-year).
- 2014: Revenue of $87K, expenses of $71K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leadership Nexus Foundation:
Data Sources and Methodology
This transparency report for Leadership Nexus 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.