Marie Leist Foundation Inc
Marie Leist Foundation consistently operates at a deficit, relying on assets while maintaining zero officer compensation.
EIN: 203954960 · Lewisburg, WV · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $62K |
| Program Spending | 80% |
| Net Assets | $839K |
| Transparency Score | 75/100 |
Is Marie Leist Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marie Leist Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marie Leist Foundation Inc
Marie Leist Foundation Inc (EIN: 203954960) is a nonprofit organization based in Lewisburg, WV, classified under NTEE code T20. The organization reported total revenue of $178K and total assets of $847K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marie Leist Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marie Leist Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $62K |
| Surplus / Deficit | $-31,399 |
| Total Assets | $839K |
| Total Liabilities | $1 |
| Net Assets | $839K |
| Operating Margin | -102.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.5 months |
Financial Health Grade: B
In 2023, Marie Leist Foundation Inc reported a deficit of $31K with expenses exceeding revenue, holds 162.5 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), Marie Leist Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.7% | -6.7% | -3.6% |
| 2022 | -62.5% | -5.1% | -2.6% |
| 2021 | +98.5% | +0.4% | +5.2% |
| 2020 | +13.2% | -6.8% | -1.4% |
| 2019 | -49.2% | +10.3% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Marie Leist Foundation 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Marie Leist Foundation Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. This is a significant positive, as it means all funds are directed towards the organization's mission and operational costs rather than executive salaries.
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 Marie Leist Foundation Inc's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., 2023 expenses $61,985 vs. revenue $30,586).
- Reliance on existing assets to cover operational shortfalls, which is not a sustainable long-term strategy.
Strengths
The following positive indicators were identified for Marie Leist Foundation Inc:
- Zero officer compensation, indicating a volunteer-driven leadership and efficient use of funds.
- Stable asset base, consistently around $850,000 over the past decade.
- Minimal liabilities, consistently reported as $0 or $1, demonstrating strong debt management.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Marie Leist Foundation Inc
Is Marie Leist Foundation Inc a legitimate charity?
Marie Leist Foundation Inc (EIN: 203954960) is a registered tax-exempt nonprofit based in West Virginia. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $178K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Marie Leist Foundation Inc spend its money?
Marie Leist Foundation Inc directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Marie Leist Foundation Inc tax-deductible?
Marie Leist Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203954960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Marie Leist Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Marie Leist Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marie Leist Foundation Inc located?
Marie Leist Foundation Inc is headquartered in Lewisburg, West Virginia and files with the IRS under EIN 203954960. It is classified under NTEE code T20.
How many years of IRS 990 filings does Marie Leist Foundation Inc have?
Marie Leist 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 $178K in total revenue.
Is Marie Leist Foundation Inc. financially sustainable?
The foundation has frequently operated at a deficit, with expenses exceeding revenue in most recent periods (e.g., 2023: $61,985 expenses vs. $30,586 revenue). While it has a stable asset base of around $850,000, this trend of spending more than it earns is not sustainable long-term without increased revenue or reduced expenses.
How does the organization manage its leadership costs?
The organization reports 0% officer compensation across all filings, indicating a volunteer-led structure. This is a strong positive for efficiency, as it means no funds are diverted to executive salaries.
What is the trend in the organization's assets?
The organization's assets have remained remarkably stable over the past decade, consistently hovering around $850,000, currently at $847,377. This indicates good asset preservation despite operational deficits.
Are there any significant liabilities?
No, the organization consistently reports minimal liabilities, typically $0 or $1, across all available filings, indicating strong financial health regarding debt.
Filing History
IRS 990 filing history for Marie Leist Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Marie Leist Foundation Inc's revenue has declined by 21.9%, moving from $39K to $31K. Total assets decreased by 0.1% over the same period, from $840K to $839K. Total functional expenses rose by 9.1%, from $57K to $62K. In its most recent filing year (2023), Marie Leist Foundation Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $839K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $839K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $62K | $839K | $1 | — | — |
| 2022 | $43K | $66K | $871K | $1 | — | — |
| 2021 | $114K | $70K | $894K | $1 | — | — |
| 2020 | $58K | $70K | $850K | $1 | — | View 990 |
| 2019 | $51K | $75K | $862K | $1 | — | View 990 |
| 2015 | $100K | $68K | $871K | $1 | — | View 990 |
| 2014 | $66K | $71K | $839K | $1 | — | View 990 |
| 2013 | $79K | $65K | $844K | $1 | — | View 990 |
| 2012 | $49K | $58K | $830K | $0 | — | View 990 |
| 2011 | $39K | $57K | $840K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $62K, and assets of $839K (revenue -28.7% year-over-year).
- 2022: Revenue of $43K, expenses of $66K, and assets of $871K (revenue -62.5% year-over-year).
- 2021: Revenue of $114K, expenses of $70K, and assets of $894K (revenue +98.5% year-over-year).
- 2020: Revenue of $58K, expenses of $70K, and assets of $850K (revenue +13.2% year-over-year).
- 2019: Revenue of $51K, expenses of $75K, and assets of $862K (revenue -49.2% year-over-year).
- 2015: Revenue of $100K, expenses of $68K, and assets of $871K (revenue +52.1% year-over-year).
- 2014: Revenue of $66K, expenses of $71K, and assets of $839K (revenue -16.3% year-over-year).
- 2013: Revenue of $79K, expenses of $65K, and assets of $844K (revenue +61.7% year-over-year).
- 2012: Revenue of $49K, expenses of $58K, and assets of $830K (revenue +24.3% year-over-year).
- 2011: Revenue of $39K, expenses of $57K, and assets of $840K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marie Leist Foundation Inc:
Data Sources and Methodology
This transparency report for Marie Leist 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.