Ledee Foundation
Ledee Foundation maintains strong asset growth and minimal liabilities with no reported officer compensation.
EIN: 203966420 · Bentonville, AR · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $59K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $988K |
| Transparency Score | 85/100 |
Is Ledee Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ledee Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ledee Foundation
Ledee Foundation (EIN: 203966420) is a nonprofit organization based in Bentonville, AR, classified under NTEE code B12. The organization reported total revenue of $1.9M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ledee Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ledee Foundation is a mid-size nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $59K |
| Surplus / Deficit | +$10K |
| Total Assets | $988K |
| Total Liabilities | $1 |
| Net Assets | $988K |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 201.1 months |
Financial Health Grade: A
In 2023, Ledee Foundation reported a surplus of $10K with revenue exceeding expenses, holds 201.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Ledee Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.1% | +21.2% | +1.0% |
| 2022 | +74.7% | -10.2% | +17.3% |
| 2021 | +119.2% | -20.8% | +7.2% |
| 2020 | -45.8% | -4.8% | +6.8% |
| 2015 | +11.2% | +12.4% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Ledee Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ledee Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets approaching $1 million and annual revenues in the tens to hundreds of thousands.
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 Ledee Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Significant fluctuation in annual revenue (e.g., $192,850 in 202208 to $69,141 in 202308) could indicate inconsistent funding sources.
Strengths
The following positive indicators were identified for Ledee Foundation:
- Consistent asset growth over time, from $759,645 in 201108 to $988,476 in 202308.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Minimal liabilities ($0-$1) across all filing periods, demonstrating strong financial stability.
- Generally positive net income in recent years (e.g., 202208 revenue $192,850 vs. expenses $48,681).
Frequently Asked Questions about Ledee Foundation
Is Ledee Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ledee Foundation (EIN: 203966420) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Ledee Foundation spend its money?
Ledee Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ledee Foundation tax-deductible?
Ledee Foundation is registered as a tax-exempt nonprofit (EIN: 203966420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ledee Foundation CEO make?
Ledee Foundation's highest-compensated officer earns $1 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ledee Foundation's spending goes to programs?
Ledee Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ledee Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ledee Foundation is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ledee Foundation located?
Ledee Foundation is headquartered in Bentonville, Arkansas and files with the IRS under EIN 203966420. It is classified under NTEE code B12.
How many years of IRS 990 filings does Ledee Foundation have?
Ledee Foundation has 9 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 $1.9M in total revenue.
How does Ledee Foundation manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, suggesting operations might be entirely volunteer-driven or compensated through other means not classified as officer compensation, which is a notable financial characteristic.
What are the primary sources of the Ledee Foundation's revenue?
While specific sources aren't detailed in the provided data, the revenue figures fluctuate significantly (e.g., $192,850 in 202208 vs. $69,141 in 202308), which could indicate reliance on grants, donations, or investment income.
What specific programs does the Ledee Foundation support given its NTEE code B12?
The NTEE code B12 indicates a focus on Elementary & Secondary Education. Without further detail, it's assumed their programs are directed towards initiatives within this educational sector.
How does the Ledee Foundation manage its expenses given its fluctuating revenue?
The foundation appears to manage expenses effectively, often spending less than its revenue in recent periods (e.g., $192,850 revenue vs. $48,681 expenses in 202208), allowing for asset growth despite revenue fluctuations.
Filing History
IRS 990 filing history for Ledee Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Ledee Foundation's revenue has grown by 207.2%, moving from $23K to $69K. Total assets increased by 30.1% over the same period, from $760K to $988K. Total functional expenses rose by 34.9%, from $44K to $59K. In its most recent filing year (2023), Ledee Foundation reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1 in liabilities against $988K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $988K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $59K | $988K | $1 | — | View 990 |
| 2022 | $193K | $49K | $978K | $1 | — | View 990 |
| 2021 | $110K | $54K | $834K | $1 | — | View 990 |
| 2020 | $50K | $69K | $778K | $1 | — | View 990 |
| 2015 | $93K | $72K | $729K | $1 | — | View 990 |
| 2014 | $84K | $64K | $708K | $0 | — | View 990 |
| 2013 | $29K | $94K | $688K | $1 | — | View 990 |
| 2012 | $52K | $63K | $754K | $0 | — | View 990 |
| 2011 | $23K | $44K | $760K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $59K, and assets of $988K (revenue -64.1% year-over-year).
- 2022: Revenue of $193K, expenses of $49K, and assets of $978K (revenue +74.7% year-over-year).
- 2021: Revenue of $110K, expenses of $54K, and assets of $834K (revenue +119.2% year-over-year).
- 2020: Revenue of $50K, expenses of $69K, and assets of $778K (revenue -45.8% year-over-year).
- 2015: Revenue of $93K, expenses of $72K, and assets of $729K (revenue +11.2% year-over-year).
- 2014: Revenue of $84K, expenses of $64K, and assets of $708K (revenue +192.0% year-over-year).
- 2013: Revenue of $29K, expenses of $94K, and assets of $688K (revenue -45.1% year-over-year).
- 2012: Revenue of $52K, expenses of $63K, and assets of $754K (revenue +131.9% year-over-year).
- 2011: Revenue of $23K, expenses of $44K, and assets of $760K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ledee Foundation:
Data Sources and Methodology
This transparency report for Ledee 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.