Leonard Wood Institute Inc
Leonard Wood Institute Inc. shows fluctuating revenues and expenses, with no officer compensation reported.
EIN: 200694498 · Ft Leonard Wd, MO · NTEE: U99 · Updated: 2026-03-28
Is Leonard Wood Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leonard Wood Institute Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leonard Wood Institute Inc
Leonard Wood Institute Inc (EIN: 200694498) is a nonprofit organization based in Ft Leonard Wd, MO, classified under NTEE code U99. The organization reported total revenue of $979K and total assets of $248K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leonard Wood Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Leonard Wood Institute Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Leonard Wood Institute Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a strong commitment to directing all funds towards its mission and operational costs, rather than executive remuneration.
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 Leonard Wood Institute Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $5.68M in 2020 to $1.18M in 2023)
- Frequent instances of expenses exceeding revenue (e.g., 2023, 2021, 2018, 2017, 2016, 2015)
- Assets decreased from $799,982 in 2020 to $438,284 in 2023, indicating a decline in financial reserves.
Strengths
The following positive indicators were identified for Leonard Wood Institute Inc:
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication of funds to mission.
- Maintains positive assets, though fluctuating, suggesting some financial reserves (e.g., $438,284 in 2023).
Frequently Asked Questions about Leonard Wood Institute Inc
Is Leonard Wood Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Leonard Wood Institute Inc (EIN: 200694498) some concerns. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
How does Leonard Wood Institute Inc spend its money?
Leonard Wood Institute Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Leonard Wood Institute Inc tax-deductible?
Leonard Wood Institute Inc is registered as a tax-exempt nonprofit (EIN: 200694498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Leonard Wood Institute Inc. financially stable given its fluctuating revenues and occasional deficits?
The organization's financial stability is a concern due to significant fluctuations in revenue and expenses, often resulting in expenses exceeding revenue (e.g., $1,266,189 expenses vs. $1,184,811 revenue in 2023). This pattern suggests potential challenges in consistent financial management.
How does the organization sustain operations without officer compensation?
The consistent reporting of 0% officer compensation implies that officers may be volunteers or compensated through other means not categorized as officer compensation, or that the organization's operational model does not involve paid executive leadership.
What is the primary cause of the significant revenue decline from $5.68 million in 2020 to $1.18 million in 2023?
The provided data does not specify the reasons for the drastic revenue decline. Further investigation into their funding sources and program activities during those periods would be necessary to understand this trend.
Filing History
IRS 990 filing history for Leonard Wood Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Leonard Wood Institute Inc's revenue has declined by 92.9%, moving from $16.8M to $1.2M. Total assets decreased by 71.1% over the same period, from $1.5M to $438K. Total functional expenses fell by 92.4%, from $16.7M to $1.3M. In its most recent filing year (2023), Leonard Wood Institute Inc reported a deficit of $81K, with expenses exceeding revenue. The organization holds $222K in liabilities against $438K in assets (debt-to-asset ratio: 50.6%), resulting in net assets of $216K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $438K | $222K | — | — |
| 2022 | $2.5M | $2.5M | $438K | $141K | — | View 990 |
| 2021 | $3.0M | $3.4M | $593K | $341K | — | View 990 |
| 2020 | $5.7M | $5.3M | $800K | $170K | — | View 990 |
| 2019 | $2.0M | $1.8M | $658K | $390K | — | View 990 |
| 2018 | $611K | $741K | $123K | $104K | — | View 990 |
| 2017 | $2.1M | $2.1M | $284K | $131K | — | View 990 |
| 2016 | $2.3M | $2.4M | $413K | $233K | — | View 990 |
| 2015 | $1.5M | $1.5M | $588K | $344K | — | View 990 |
| 2014 | $2.4M | $2.2M | $929K | $632K | — | View 990 |
| 2013 | $2.3M | $2.2M | $418K | $325K | — | View 990 |
| 2012 | $6.2M | $6.2M | $196K | $201K | — | View 990 |
| 2011 | $16.8M | $16.7M | $1.5M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $438K (revenue -52.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.5M, and assets of $438K (revenue -15.8% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.4M, and assets of $593K (revenue -47.5% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.3M, and assets of $800K (revenue +182.4% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.8M, and assets of $658K (revenue +228.9% year-over-year).
- 2018: Revenue of $611K, expenses of $741K, and assets of $123K (revenue -70.9% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $284K (revenue -9.2% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.4M, and assets of $413K (revenue +54.5% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $588K (revenue -36.6% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.2M, and assets of $929K (revenue +3.5% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $418K (revenue -63.1% year-over-year).
- 2012: Revenue of $6.2M, expenses of $6.2M, and assets of $196K (revenue -63.1% year-over-year).
- 2011: Revenue of $16.8M, expenses of $16.7M, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Leonard Wood Institute 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.