Paul Lesueur Legacy Foundation Inc
Nonprofit profile at a glance
- EIN
- 842120111
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Garden City, NY, USA
- Phone
- 5166592304
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $94,632
- Expenses
- $87,287
- Assets
- $24,293
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- PAUL LESUEUR (DIRECTOR)
- BETHANY LESUEUR (DIRECTOR)
- SARAH LESUEUR (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation shall support the long island community by: (a) providing financial support to local charities and community based organizations for the betterment of the community as a whole and, (b) facilitating increased awareness of local issues and initiatives by partnering with local organizations in support of their efforts to reach out to the public and helping to promote community support for such as well as, (c) providing educational resources for community residents through the form of scholarships that will help to offset some of the expenses of pursuing a college degree for garden city high school seniors.
Operating model
- Revenue model
- Earned-program. 70% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 69% for direct work, and 31% for grants.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.1%; rating input score 88
- Program expense ratio: 95.6%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.8%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 20; 20th 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: 7.2% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: -13.5% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 88.1% of revenue deployed · 95.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $83K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.