The Leavitt Family Foundation Inc

Nonprofit profile at a glance

EIN
463032852
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Longwood, FL, USA
Phone
4073730700
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$40,000
Expenses
$17,830
Assets
$49,532

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • MATT LEAVITT (Pres, VP, SECY)
  • JUDITH LEAVITT (Director)
  • DANIELLE LEAVITT (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 leavitt family foundation is dedicated to finding cures and conducting education for crohn's disease and ulcerative colitis and improving the quality of life of children and adults affected by these digestive diseases as well as other medical conditions. The foundation relies on the support of board members and donors through fundraising to continue its work. The foundation hosts several events to raise money in support of these causes.

What it reported doing in 2024

The mission of the foundation has been accomplished through the giving of funds to other tax exempt organizations such as crohn's and colitis foundation of america, which further the exempt purposes.the foundation raises the funds by hosting and partcipating in fundraising events including the following: the annual crystal ball event, the take steps event, which is the crohn's and colitis foundation's largest fundraising event, the team challenge event, an endurance training and fundraising program, and an annual golf tournament.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.9%; rating input score 43
  • Program expense ratio: 96.3%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 55.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 2.78; rating input score 73; 73rd 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: -34.3% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -7.1% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: 16.2% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 42.9% of revenue deployed · 96.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $17K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 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 — Financial Efficiency: Mission deployment rate scored 43/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.