The Pete & Ruth Leslie Foundation

The Pete & Ruth Leslie Foundation shows consistent asset growth and zero reported officer compensation over a decade.

EIN: 10931287 · Alva, OK · Updated: 2026-03-27

$266KRevenue

$1.6MAssets

85/100Mission Score (Excellent)

About The Pete & Ruth Leslie Foundation

The Pete & Ruth Leslie Foundation (EIN: 10931287) is a nonprofit organization based in Alva, OK. The organization reported total revenue of $266K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Pete & Ruth Leslie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Pete & Ruth Leslie Foundation demonstrates a generally healthy financial trajectory, with assets growing significantly from $109,065 in 2011 to $1,350,883 in 2023. Revenue has also shown substantial growth, peaking at $870,284 in 2023. The organization consistently reports minimal liabilities ($1 across all filings), indicating strong financial stability and low debt risk. Their transparency is high regarding executive compensation, as 0% officer compensation is reported across all available filings, suggesting that the foundation's leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which is a positive indicator for donor trust.

Spending efficiency appears to vary. For instance, in 2023, expenses were $726,025 against revenue of $870,284, indicating a significant portion of revenue was expended. However, in other years like 2022, expenses were $104,470 against revenue of $424,977, suggesting a lower spending rate relative to income. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess spending efficiency in terms of mission delivery. The consistent growth in assets, however, suggests effective management of resources over the long term.

Overall, the foundation exhibits strong financial health with growing assets and revenue, minimal liabilities, and transparent reporting of zero officer compensation. Further analysis would benefit from a detailed breakdown of expenses to fully understand program efficiency, but the available data points to a well-managed and financially stable organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Pete & Ruth Leslie Foundation 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, The Pete & Ruth Leslie Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 executive leadership is either unpaid or compensated through non-officer channels, which is a strong positive for donor confidence.

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 The Pete & Ruth Leslie Foundation's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in provided data
NTEE code is unknown, making it difficult to benchmark against similar organizations

Strengths

The following positive indicators were identified for The Pete & Ruth Leslie Foundation:

Consistent asset growth from $109,065 in 2011 to $1,350,883 in 2023, indicating strong financial management.
Zero reported officer compensation across all filings, suggesting a high level of dedication and potentially volunteer leadership.
Minimal liabilities ($1 across all filings) demonstrating excellent financial stability and low debt.
Significant revenue growth, particularly in 2023 ($870,284), indicating strong fundraising or investment performance.
Positive net income in most years, contributing to asset accumulation.

Frequently Asked Questions about The Pete & Ruth Leslie Foundation

What is the specific mission of The Pete & Ruth Leslie Foundation?

The NTEE code is unknown, and the provided data does not specify the foundation's exact mission or program areas. Further investigation into their website or other public documents would be needed to understand their specific charitable focus.

How does the foundation allocate its expenses between programs, administration, and fundraising?

The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a complete assessment of spending efficiency.

What is the reason for the significant increase in expenses in 2023 ($726,025) compared to previous years (e.g., $104,470 in 2022)?

The data shows a substantial jump in expenses in 2023. Without further detail, it's unclear if this was due to increased program activity, a large one-time grant, or other operational changes.

Filing History

IRS 990 filing history for The Pete & Ruth Leslie Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), The Pete & Ruth Leslie Foundation's revenue has grown by 332.9%, moving from $201K to $870K. Total assets increased by 1138.6% over the same period, from $109K to $1.4M. Total functional expenses rose by 689.1%, from $92K to $726K. In its most recent filing year (2023), The Pete & Ruth Leslie Foundation reported a surplus of $144K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$870K	$726K	$1.4M	$1	—	—
2022	$425K	$104K	$1.2M	$1	—	View 990
2021	$433K	$100K	$886K	$1	—	View 990
2020	$379K	$102K	$553K	$1	—	View 990
2019	$272K	$341K	$276K	$1	—	—
2015	$496K	$102K	$552K	$1	—	View 990
2014	$300K	$227K	$158K	$1	—	View 990
2013	$200K	$115K	$85K	$1	—	View 990
2012	$10K	$119K	$130	$1	—	View 990
2011	$201K	$92K	$109K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $870K, expenses of $726K, and assets of $1.4M (revenue +104.8% year-over-year).
2022: Revenue of $425K, expenses of $104K, and assets of $1.2M (revenue -1.8% year-over-year).
2021: Revenue of $433K, expenses of $100K, and assets of $886K (revenue +14.1% year-over-year).
2020: Revenue of $379K, expenses of $102K, and assets of $553K (revenue +39.4% year-over-year).
2019: Revenue of $272K, expenses of $341K, and assets of $276K (revenue -45.1% year-over-year).
2015: Revenue of $496K, expenses of $102K, and assets of $552K (revenue +65.0% year-over-year).
2014: Revenue of $300K, expenses of $227K, and assets of $158K (revenue +50.1% year-over-year).
2013: Revenue of $200K, expenses of $115K, and assets of $85K (revenue +1807.7% year-over-year).
2012: Revenue of $10K, expenses of $119K, and assets of $130 (revenue -94.8% year-over-year).
2011: Revenue of $201K, expenses of $92K, and assets of $109K.

Data Sources and Methodology

This transparency report for The Pete & Ruth Leslie 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.