Leela Foundation
Overview
Mission
Meditation & education
What it reported doing in 2025
Daily meditation classes for up to 20 people
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 841324046
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990-EZ 2025
- Location
- Boulder, CO, USA
- Phone
- 7203009312
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $75,272
- Expenses
- $65,913
- Assets
- $29,808
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.6%; rating input score 88
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.4%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 7.7% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 87.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 annual filings from 2012 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
Leadership & pay
2 people listed
People named in this filing
- CLAY PHIPPS (PRESIDENT)
- GABRIELE KLONHAMMER-PHIPPS (SECY/TREAS)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025.