The Robert James Leonard Foundation Inc
Nonprofit profile at a glance
- EIN
- 263202552
- IRS 990 coverage
- 2022–2022
- Forms available
- Form 990 2022, Form 990-EZ 2021
- Location
- Doylestown, PA, USA
- Phone
- 8334755363
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $216,823
- Expenses
- $164,430
- Assets
- $201,329
- Liabilities
- $596
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Highest reported compensation
- Joelle Pitts (Prior Exec. Director): $50,368 total reported compensation
- Susan Coyle (Interim Exec. Director): $36,416 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mentoring, guidance and financial assistance to disadvantaged youth.
What it reported doing in 2022
Expenses paid to assist underprivileged students to allow them further their education or provide assistance and support to students.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 98% 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 - The filed numbers largely add up and most voting board members are independent. 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: 74
- Accountability: 76
- Sustainability: 57
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.8%; rating input score 38
- Program expense ratio: 49.8%; rating input score 50
- Fundraising efficiency: $3.71 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 3 of 9 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 24.2%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.22; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 52.8%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 11.7% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 12.4% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 37.8% of revenue deployed · 49.8% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $82K in reported program spending
- Leadership: top reported pay $50K · 7 people listed · 1 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 15/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.