The Lesley Foundation

Nonprofit profile at a glance

EIN
946103170
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Half Moon Bay, CA, USA
Phone
6507264888
Rating
83
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$8,842,660
Expenses
$7,102,668
Assets
$85,133,990
Liabilities
$51,907,752

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SUE WINKS (President)
  • TONY VILLANUEVA (Vice President)

Highest reported compensation

  • CATHERINE EVANS (Executive Dir.): $251,803 total reported compensation
  • NANCY AMAYA (DEPUTY E.D.): $213,121 total reported compensation
  • MARY CHEUNG (DIR OF MGMT & OPS): $164,925 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation was formed (a) to provide quality, affordable housing for low-income senior citizens on a non-profit basis; continued on schedule o

What it reported doing in 2025

The foundation provides management services for ocean view plaza and lesley gardens, as well as other consulting services.

Operating model

Revenue model
Grant-funded. 61% of the money available for current operations came from government grants.
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. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.6%; rating input score 68
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: $13,001.17 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.6%; rating input score 100; 45th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 19.7%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 11.99; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 10.6%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 5.6% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 9.9% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 67.6% of revenue deployed · 75.6% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $5.4M in reported program spending
  • Leadership: top reported pay $252K · 12 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $327K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.