Leadingage Texas
EIN: 237032760 · Austin, TX
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.8M |
| Net Assets | $4.3M |
Is Leadingage Texas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leadingage Texas
Leadingage Texas (EIN: 237032760) is a nonprofit organization based in Austin, TX. The organization reported total revenue of $2.0M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leadingage Texas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leadingage Texas is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$408K |
| Total Assets | $4.9M |
| Total Liabilities | $565K |
| Net Assets | $4.3M |
| Operating Margin | 18.3% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 32.2 months |
Financial Health Grade: A
In 2023, Leadingage Texas reported a surplus of $408K with revenue exceeding expenses, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Leadingage Texas's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | +11.1% | +15.5% |
| 2022 | +14.1% | +10.6% | +5.3% |
| 2021 | +8.5% | +2.6% | +18.2% |
| 2020 | -10.0% | -11.3% | +5.2% |
| 2019 | +5.0% | +2.5% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leadingage Texas has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Leadingage Texas with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $408K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.5%.
Frequently Asked Questions about Leadingage Texas
Is Leadingage Texas a legitimate charity?
Leadingage Texas (EIN: 237032760) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: A.
How does Leadingage Texas spend its money?
Leadingage Texas reported $2.0M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leadingage Texas tax-deductible?
Leadingage Texas is registered as a tax-exempt nonprofit (EIN: 237032760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leadingage Texas located?
Leadingage Texas is headquartered in Austin, Texas and files with the IRS under EIN 237032760.
How many years of IRS 990 filings does Leadingage Texas have?
Leadingage Texas 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Leadingage Texas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Leadingage Texas's revenue has grown by 92.5%, moving from $1.2M to $2.2M. Total assets increased by 228.6% over the same period, from $1.5M to $4.9M. Total functional expenses rose by 70.2%, from $1.1M to $1.8M. In its most recent filing year (2023), Leadingage Texas reported a surplus of $408K, with revenue exceeding expenses. The organization holds $565K in liabilities against $4.9M in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.8M | $4.9M | $565K | — | View 990 |
| 2022 | $2.1M | $1.6M | $4.2M | $491K | — | — |
| 2021 | $1.8M | $1.5M | $4.0M | $591K | — | View 990 |
| 2020 | $1.7M | $1.4M | $3.4M | $410K | — | — |
| 2019 | $1.9M | $1.6M | $3.2M | $528K | — | View 990 |
| 2018 | $1.8M | $1.6M | $2.9M | $490K | — | View 990 |
| 2017 | $1.8M | $1.6M | $2.8M | $377K | — | View 990 |
| 2016 | $1.8M | $1.5M | $2.6M | $478K | — | View 990 |
| 2015 | $1.8M | $1.5M | $2.3M | $512K | — | View 990 |
| 2014 | $1.6M | $1.4M | $2.0M | $382K | — | View 990 |
| 2013 | $1.5M | $1.4M | $1.7M | $272K | — | View 990 |
| 2012 | $1.3M | $1.2M | $1.6M | $338K | — | View 990 |
| 2011 | $1.2M | $1.1M | $1.5M | $385K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.8M, and assets of $4.9M (revenue +8.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.6M, and assets of $4.2M (revenue +14.1% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.5M, and assets of $4.0M (revenue +8.5% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.4M, and assets of $3.4M (revenue -10.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.6M, and assets of $3.2M (revenue +5.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.6M, and assets of $2.9M (revenue -3.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.6M, and assets of $2.8M (revenue +1.8% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.5M, and assets of $2.6M (revenue -0.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.5M, and assets of $2.3M (revenue +14.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $2.0M (revenue +7.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $1.7M (revenue +16.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.6M (revenue +8.0% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leadingage Texas:
Data Sources and Methodology
This transparency report for Leadingage Texas 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.