LeeSar
Legal name: Leesar Inc
Nonprofit profile at a glance
- EIN
- 263818222
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Fort Myers, FL, USA
- Phone
- (239) 939-8800
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $279,388,563
- Expenses
- $279,318,815
- Assets
- $116,515,893
- Liabilities
- $53,571,308
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- ROBERT J BOSWELL (PRESIDENT/CE)
Highest reported compensation
- JOHN EDWARD STREGER (CURRENT PRE): $649,554 total reported compensation
- ROBERT J BOSWELL (PRESIDENT/CE): $475,523 total reported compensation
- JENNIFER REVERENDO (VP OF CSF OF): $385,070 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
LeeSar stands at the forefront of healthcare innovation, offering 25+ years of expertise in enhancing healthcare services. We specialize in optimizing procurement, distribution, and inventory to meet the unique needs of our healthcare provider members, ensuring efficiency and tailored solutions—lowering costs, improving productivity, and elevating patient care for the providers we serve.
What it reported doing in 2024
Pack operations, sterile processing, record retention, courier service and emergency services
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 99.6%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 99.6% of revenue deployed · 99.6% of spending went to programs
- Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $278.3M in reported program spending
- Leadership: top reported pay $650K · 19 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $7.5M reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.