Leni & Peter May Family Foundation
Leni & Peter May Family Foundation shows fluctuating revenue but consistent asset growth and no reported officer compensation.
EIN: 133557827 · Palm Beach, FL · Updated: 2026-03-28
Is Leni & Peter May Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leni & Peter May Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leni & Peter May Family Foundation
Leni & Peter May Family Foundation (EIN: 133557827) is a nonprofit organization based in Palm Beach, FL. The organization reported total revenue of $3.3M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leni & Peter May Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leni & Peter May Family Foundation is a mid-size nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 44.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $4.3M |
| Total Liabilities | $175 |
| Net Assets | $4.3M |
| Operating Margin | 37.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 26.1 months |
Financial Health Grade: A
In 2023, Leni & Peter May Family Foundation reported a surplus of $1.2M with revenue exceeding expenses, holds 26.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Leni & Peter May Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1938.6% | +1596.8% | +39.0% |
| 2022 | -65.6% | +8.6% | +3.6% |
| 2021 | +907.5% | -78.9% | +15.4% |
| 2020 | -95.8% | -55.6% | -15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Leni & Peter May Family Foundation with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 0%
According to IRS 990 filings, Leni & Peter May Family Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 $1.2M, 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 officers are either unpaid volunteers or compensated through non-officer channels, which is a positive for resource allocation given the foundation's multi-million dollar asset base.
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 Leni & Peter May Family Foundation's IRS 990 filings:
- Significant revenue volatility, making long-term financial planning potentially challenging.
- Lack of NTEE code or detailed mission statement in the provided data, hindering understanding of programmatic focus.
Strengths
The following positive indicators were identified for Leni & Peter May Family Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Healthy and growing asset base, currently at $4,984,473, providing a strong financial foundation.
- Very low liabilities across all reported periods, demonstrating strong financial management and minimal debt.
- Consistent IRS 990 filing history over 10 periods, indicating good transparency and compliance.
Frequently Asked Questions about Leni & Peter May Family Foundation
Is Leni & Peter May Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Leni & Peter May Family Foundation (EIN: 133557827) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Leni & Peter May Family Foundation spend its money?
Leni & Peter May Family Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Leni & Peter May Family Foundation tax-deductible?
Leni & Peter May Family Foundation is registered as a tax-exempt nonprofit (EIN: 133557827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission or program focus of the Leni & Peter May Family Foundation?
The provided data does not include the NTEE code or a mission statement, making it difficult to ascertain the specific programmatic focus of the foundation.
How does the foundation manage its significant revenue fluctuations?
The foundation's revenue has varied significantly, from a negative -$878,763 in 2015 to over $3 million in 2023. This suggests a reliance on investment performance or large, infrequent contributions, which requires careful financial planning to ensure consistent grantmaking.
What are the primary expense categories for the foundation, beyond officer compensation?
While officer compensation is consistently 0%, the detailed breakdown of other expenses (e.g., program services, administrative, fundraising) is not provided in the summary data, making it hard to fully assess spending efficiency.
Filing History
IRS 990 filing history for Leni & Peter May Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Leni & Peter May Family Foundation's revenue has grown by 8377.4%, moving from $37K to $3.2M. Total assets increased by 16.5% over the same period, from $3.7M to $4.3M. Total functional expenses rose by 3825.6%, from $50K to $2.0M. In its most recent filing year (2023), Leni & Peter May Family Foundation reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $175 in liabilities against $4.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.0M | $4.3M | $175 | — | — |
| 2022 | $155K | $117K | $3.1M | $175 | — | View 990 |
| 2021 | $450K | $108K | $3.0M | $1 | — | View 990 |
| 2020 | $45K | $509K | $2.6M | $1 | — | View 990 |
| 2019 | $1.1M | $1.1M | $3.1M | $0 | — | View 990 |
| 2015 | $-878,763 | $551K | $2.9M | $0 | — | View 990 |
| 2014 | $208K | $204K | $4.3M | $1 | — | View 990 |
| 2013 | $660K | $37K | $4.3M | $0 | — | View 990 |
| 2012 | $21K | $505 | $3.7M | $0 | — | View 990 |
| 2011 | $37K | $50K | $3.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.0M, and assets of $4.3M (revenue +1938.6% year-over-year).
- 2022: Revenue of $155K, expenses of $117K, and assets of $3.1M (revenue -65.6% year-over-year).
- 2021: Revenue of $450K, expenses of $108K, and assets of $3.0M (revenue +907.5% year-over-year).
- 2020: Revenue of $45K, expenses of $509K, and assets of $2.6M (revenue -95.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $3.1M.
- 2015: Revenue of $-878,763, expenses of $551K, and assets of $2.9M (revenue -522.8% year-over-year).
- 2014: Revenue of $208K, expenses of $204K, and assets of $4.3M (revenue -68.5% year-over-year).
- 2013: Revenue of $660K, expenses of $37K, and assets of $4.3M (revenue +2990.3% year-over-year).
- 2012: Revenue of $21K, expenses of $505, and assets of $3.7M (revenue -42.6% year-over-year).
- 2011: Revenue of $37K, expenses of $50K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leni & Peter May Family Foundation:
Data Sources and Methodology
This transparency report for Leni & Peter May Family 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.