Leslie C And Leonard A Shapiro Family Foundation Inc
Leslie C And Leonard A Shapiro Family Foundation consistently spends more than its revenue, drawing down assets.
EIN: 203956547 · Carmel, IN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $153K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Leslie C And Leonard A Shapiro Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leslie C And Leonard A Shapiro Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leslie C And Leonard A Shapiro Family Foundation Inc
Leslie C And Leonard A Shapiro Family Foundation Inc (EIN: 203956547) is a nonprofit organization based in Carmel, IN, classified under NTEE code T22. The organization reported total revenue of $143K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leslie C And Leonard A Shapiro Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leslie C And Leonard A Shapiro Family Foundation Inc is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $153K |
| Surplus / Deficit | $-50,444 |
| Total Assets | $1.8M |
| Total Liabilities | $1 |
| Net Assets | $1.8M |
| Operating Margin | -49.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 139.2 months |
Financial Health Grade: B
In 2023, Leslie C And Leonard A Shapiro Family Foundation Inc reported a deficit of $50K with expenses exceeding revenue, holds 139.2 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), Leslie C And Leonard A Shapiro Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.2% | -8.5% | -2.8% |
| 2022 | +13.5% | +27.8% | -4.5% |
| 2021 | +46.5% | -3.7% | -3.0% |
| 2020 | -92.6% | -17.5% | -4.2% |
| 2019 | +655.6% | +21.3% | +46.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Leslie C And Leonard A Shapiro Family Foundation Inc 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Leslie C And Leonard A Shapiro Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size with assets around $1.7 million.
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 Leslie C And Leonard A Shapiro Family Foundation Inc's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset depletion over time.
Strengths
The following positive indicators were identified for Leslie C And Leonard A Shapiro Family Foundation Inc:
- 0% officer compensation, indicating highly efficient use of funds.
- Strong asset base of $1,778,968 in 2023, providing significant capacity for grantmaking.
- Minimal liabilities ($1 in recent years), indicating sound financial management.
Frequently Asked Questions about Leslie C And Leonard A Shapiro Family Foundation Inc
Is Leslie C And Leonard A Shapiro Family Foundation Inc a legitimate charity?
Leslie C And Leonard A Shapiro Family Foundation Inc (EIN: 203956547) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $143K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Leslie C And Leonard A Shapiro Family Foundation Inc spend its money?
Leslie C And Leonard A Shapiro Family Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Leslie C And Leonard A Shapiro Family Foundation Inc tax-deductible?
Leslie C And Leonard A Shapiro Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203956547). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Leslie C And Leonard A Shapiro Family Foundation Inc CEO make?
Leslie C And Leonard A Shapiro Family Foundation Inc's highest-compensated officer earns $1.7 annually. The organization reported $143K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Leslie C And Leonard A Shapiro Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Leslie C And Leonard A Shapiro Family Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Leslie C And Leonard A Shapiro Family Foundation Inc located?
Leslie C And Leonard A Shapiro Family Foundation Inc is headquartered in Carmel, Indiana and files with the IRS under EIN 203956547. It is classified under NTEE code T22.
How many years of IRS 990 filings does Leslie C And Leonard A Shapiro Family Foundation Inc have?
Leslie C And Leonard A Shapiro Family Foundation Inc has 10 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 $143K in total revenue.
Is the Leslie C And Leonard A Shapiro Family Foundation Inc financially stable?
While the foundation consistently spends more than its annual revenue, leading to a gradual decrease in assets from $2,061,847 in 2019 to $1,778,968 in 2023, it maintains a substantial asset base. This spending pattern is common for private foundations distributing from an endowment, suggesting a planned draw-down rather than instability.
How does the foundation's spending efficiency compare to similar organizations?
With 0% officer compensation reported, the foundation demonstrates exceptional efficiency in its administrative overhead related to leadership. This suggests a very high proportion of its expenses are directed towards its charitable purpose, likely grants, which is a strong positive indicator.
What is the primary purpose of this foundation?
Based on its NTEE code T22 (Private Grantmaking Foundations), the primary purpose of the Leslie C And Leonard A Shapiro Family Foundation Inc is to make grants to other organizations or individuals to further charitable causes.
Filing History
IRS 990 filing history for Leslie C And Leonard A Shapiro Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Leslie C And Leonard A Shapiro Family Foundation Inc's revenue has grown by 18%, moving from $87K to $103K. Total assets increased by 26.4% over the same period, from $1.4M to $1.8M. Total functional expenses rose by 116.1%, from $71K to $153K. In its most recent filing year (2023), Leslie C And Leonard A Shapiro Family Foundation Inc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $153K | $1.8M | $1 | — | — |
| 2022 | $82K | $168K | $1.8M | $1 | — | View 990 |
| 2021 | $72K | $131K | $1.9M | $1 | — | View 990 |
| 2020 | $49K | $136K | $2.0M | $1 | — | View 990 |
| 2019 | $661K | $165K | $2.1M | $1 | — | View 990 |
| 2015 | $87K | $136K | $1.4M | $27K | — | View 990 |
| 2014 | $59K | $141K | $1.5M | $27K | — | View 990 |
| 2013 | $184K | $105K | $1.5M | $27K | — | View 990 |
| 2012 | $103K | $51K | $1.5M | $27K | — | View 990 |
| 2011 | $87K | $71K | $1.4M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $153K, and assets of $1.8M (revenue +26.2% year-over-year).
- 2022: Revenue of $82K, expenses of $168K, and assets of $1.8M (revenue +13.5% year-over-year).
- 2021: Revenue of $72K, expenses of $131K, and assets of $1.9M (revenue +46.5% year-over-year).
- 2020: Revenue of $49K, expenses of $136K, and assets of $2.0M (revenue -92.6% year-over-year).
- 2019: Revenue of $661K, expenses of $165K, and assets of $2.1M (revenue +655.6% year-over-year).
- 2015: Revenue of $87K, expenses of $136K, and assets of $1.4M (revenue +49.1% year-over-year).
- 2014: Revenue of $59K, expenses of $141K, and assets of $1.5M (revenue -68.2% year-over-year).
- 2013: Revenue of $184K, expenses of $105K, and assets of $1.5M (revenue +79.7% year-over-year).
- 2012: Revenue of $103K, expenses of $51K, and assets of $1.5M (revenue +17.6% year-over-year).
- 2011: Revenue of $87K, expenses of $71K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leslie C And Leonard A Shapiro Family Foundation Inc:
Data Sources and Methodology
This transparency report for Leslie C And Leonard A Shapiro Family Foundation 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.