Levo International Inc
Nonprofit profile at a glance
- EIN
- 823715734
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
- Location
- Bloomfield, CT, USA
- Phone
- 8449472336
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Agricultural Development
Reported finances
- Revenue
- $627,890
- Expenses
- $577,425
- Assets
- $90,467
- Liabilities
- $1,104
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- CHRISTIAN HEIDEN (PRESIDENT)
Highest reported compensation
- CHRISTIAN HEIDEN (PRESIDENT): $20,400 total reported compensation
- NATE HEIDEN (CHAIRMAN): $9,887 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Levo international inc creates food security solutions to build stronger communities through partnership and innovation.
What it reported doing in 2024
In 2024, levo international expanded its operations in haiti despite significant political turmoil. Levo international focused on strengthening the local sourcing capacity and developing approaches to produce local components. In addition to ongoing pilot projects, levo international added a new pilot project in puerto rico.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program 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
MIXED - Most voting board members are independent and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 55
- Accountability: 63
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.4%; rating input score 32
- Program expense ratio: 35.2%; rating input score 35
- Fundraising efficiency: $76.12 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 48.6% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 57.3% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 51.7% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 32.4% of revenue deployed · 35.2% of spending went to programs
- Governance: 11 of 11 board members independent · 1 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $203K in reported program spending
- Leadership: top reported pay $20K · 11 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 32/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Sustainability: Operating margin scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.