Michael & Rhonda Leonard Private Foundation
EIN: 465364848 · Glendive, MT · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $9K |
| Net Assets | $72K |
Is Michael & Rhonda Leonard Private Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michael & Rhonda Leonard Private Foundation
Michael & Rhonda Leonard Private Foundation (EIN: 465364848) is a nonprofit organization based in Glendive, MT, classified under NTEE code T99. The organization reported total revenue of $1 and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michael & Rhonda Leonard Private Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michael & Rhonda Leonard Private Foundation is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4522900.0% | -53.4% | -42.8% |
| 2022 | +0.0% | +2959.3% | -12.7% |
| 2021 | +0.0% | -89.0% | -0.4% |
| 2020 | +0.0% | -54.6% | -3.7% |
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 Michael & Rhonda Leonard Private Foundation 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 Michael & Rhonda Leonard Private Foundation 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Michael & Rhonda Leonard Private Foundation
Is Michael & Rhonda Leonard Private Foundation a legitimate charity?
Michael & Rhonda Leonard Private Foundation (EIN: 465364848) is a registered tax-exempt nonprofit based in Montana. It has 7 years of IRS 990 filings on record. Total revenue: $1. No red flags identified. Financial health grade: B.
How does Michael & Rhonda Leonard Private Foundation spend its money?
Michael & Rhonda Leonard Private Foundation reported $1 in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michael & Rhonda Leonard Private Foundation tax-deductible?
Michael & Rhonda Leonard Private Foundation is registered as a tax-exempt nonprofit (EIN: 465364848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michael & Rhonda Leonard Private Foundation located?
Michael & Rhonda Leonard Private Foundation is headquartered in Glendive, Montana and files with the IRS under EIN 465364848. It is classified under NTEE code T99.
How many years of IRS 990 filings does Michael & Rhonda Leonard Private Foundation have?
Michael & Rhonda Leonard Private Foundation has 7 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 $1 in total revenue.
Filing History
IRS 990 filing history for Michael & Rhonda Leonard Private Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Michael & Rhonda Leonard Private Foundation's revenue has declined by 122.6%, moving from $201K to $-45,228. Total assets decreased by 64.1% over the same period, from $201K to $72K. The organization holds $1 in liabilities against $72K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $72K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-45,228 | $9K | $72K | $1 | — | — |
| 2022 | $1 | $18K | $126K | $1 | — | View 990 |
| 2021 | $1 | $600 | $144K | $1 | — | — |
| 2020 | $1 | $5K | $145K | $1 | — | — |
| 2019 | $1 | $12K | $150K | $1 | — | View 990 |
| 2015 | $0 | $34K | $166K | $0 | — | View 990 |
| 2014 | $201K | $0 | $201K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-45,228, expenses of $9K, and assets of $72K (revenue -4522900.0% year-over-year).
- 2022: Revenue of $1, expenses of $18K, and assets of $126K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $600, and assets of $144K (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $5K, and assets of $145K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $12K, and assets of $150K.
- 2015: Revenue of $0, expenses of $34K, and assets of $166K (revenue -100.0% year-over-year).
- 2014: Revenue of $201K, expenses of $0, and assets of $201K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michael & Rhonda Leonard Private Foundation:
Data Sources and Methodology
This transparency report for Michael & Rhonda Leonard Private 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.