Lee Foundation For Civic Leadership Inc
EIN: 462093041 · Wilmington, DE · NTEE: P20
Is Lee Foundation For Civic Leadership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lee Foundation For Civic Leadership Inc
Lee Foundation For Civic Leadership Inc (EIN: 462093041) is a nonprofit organization based in Wilmington, DE, classified under NTEE code P20. The organization reported total revenue of $19.5M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lee Foundation For Civic Leadership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lee Foundation For Civic Leadership Inc is a large nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 34.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.5M |
| Total Expenses | $13.6M |
| Surplus / Deficit | $-4,105,298 |
| Total Assets | $4.1M |
| Total Liabilities | $452K |
| Net Assets | $3.7M |
| Operating Margin | -43.2% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2023, Lee Foundation For Civic Leadership Inc reported a deficit of $4.1M with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Lee Foundation For Civic Leadership Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.5% | +21.9% | -50.0% |
| 2022 | -77.6% | -45.3% | -38.4% |
| 2021 | +86.3% | +34.9% | +124.8% |
| 2020 | +10.1% | -23.1% | -4.7% |
| 2019 | +10.5% | +75.8% | -48.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lee Foundation For Civic Leadership Inc 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 Lee Foundation For Civic Leadership Inc 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 deficit of $4.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about Lee Foundation For Civic Leadership Inc
Is Lee Foundation For Civic Leadership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lee Foundation For Civic Leadership Inc (EIN: 462093041) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lee Foundation For Civic Leadership Inc spend its money?
Detailed spending breakdown data is not yet available for Lee Foundation For Civic Leadership Inc. Check back for updated IRS 990 analysis.
Are donations to Lee Foundation For Civic Leadership Inc tax-deductible?
Lee Foundation For Civic Leadership Inc is registered as a tax-exempt nonprofit (EIN: 462093041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Lee Foundation For Civic Leadership Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Lee Foundation For Civic Leadership Inc's revenue has grown by 1799.9%, moving from $500K to $9.5M. Total assets increased by 728.4% over the same period, from $500K to $4.1M. In its most recent filing year (2023), Lee Foundation For Civic Leadership Inc reported a deficit of $4.1M, with expenses exceeding revenue. The organization holds $452K in liabilities against $4.1M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.5M | $13.6M | $4.1M | $452K | — | — |
| 2022 | $6.2M | $11.2M | $8.3M | $491K | — | View 990 |
| 2021 | $27.8M | $20.4M | $13.5M | $722K | — | View 990 |
| 2020 | $14.9M | $15.1M | $6.0M | $606K | — | — |
| 2019 | $13.5M | $19.7M | $6.3M | $554K | — | View 990 |
| 2018 | $12.2M | $11.2M | $12.1M | $264K | — | View 990 |
| 2017 | $20.6M | $21.2M | $11.1M | $220K | — | View 990 |
| 2016 | $9.8M | $12.9M | $11.6M | $229K | — | View 990 |
| 2015 | $18.2M | $8.3M | $14.9M | $417K | — | View 990 |
| 2014 | $5.7M | $2.5M | $6.0M | $1.3M | — | View 990 |
| 2013 | $500K | $0 | $500K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.5M, expenses of $13.6M, and assets of $4.1M (revenue +52.5% year-over-year).
- 2022: Revenue of $6.2M, expenses of $11.2M, and assets of $8.3M (revenue -77.6% year-over-year).
- 2021: Revenue of $27.8M, expenses of $20.4M, and assets of $13.5M (revenue +86.3% year-over-year).
- 2020: Revenue of $14.9M, expenses of $15.1M, and assets of $6.0M (revenue +10.1% year-over-year).
- 2019: Revenue of $13.5M, expenses of $19.7M, and assets of $6.3M (revenue +10.5% year-over-year).
- 2018: Revenue of $12.2M, expenses of $11.2M, and assets of $12.1M (revenue -40.7% year-over-year).
- 2017: Revenue of $20.6M, expenses of $21.2M, and assets of $11.1M (revenue +109.9% year-over-year).
- 2016: Revenue of $9.8M, expenses of $12.9M, and assets of $11.6M (revenue -45.9% year-over-year).
- 2015: Revenue of $18.2M, expenses of $8.3M, and assets of $14.9M (revenue +220.0% year-over-year).
- 2014: Revenue of $5.7M, expenses of $2.5M, and assets of $6.0M (revenue +1035.1% year-over-year).
- 2013: Revenue of $500K, expenses of $0, and assets of $500K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lee Foundation For Civic Leadership Inc:
Data Sources and Methodology
This transparency report for Lee Foundation For Civic Leadership 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.