Civic Intelligence

Leeds Foundation Pbc Inc.

990 • Fiscal year 2022 • EIN 45-4440485

Jan 01, 2022 to Dec 31, 2022 • Filed on May 12, 2023

14792 Palmwood RoadPalm Beach Gardens, FL 33410

(561) 596-7666

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

28th percentile

-7.8%

Higher net margin than 28% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

30th percentile

-11%

Faster asset growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-36%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$200,475

Down $24,221 (-11%) from 2021

Net Assets

Down

$200,475

Down $24,221 (-11%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$309,677

Down $176,849 (-36%) from 2021

Expenses

Down

$333,898

Down $19,039 (-5.4%) from 2021

Net Income

Down

-$24,221

Down $157,810 (-118%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2015: $12,856Net Assets 2015: $12,8562015Assets 2016: $19,522Net Assets 2016: $19,5222016Assets 2017: $47,075Liabilities 2017: $0Net Assets 2017: $47,0752017Assets 2018: $86,565Liabilities 2018: $0Net Assets 2018: $86,5652018Assets 2019: $102,996Liabilities 2019: $0Net Assets 2019: $102,9962019Assets 2020: $91,107Liabilities 2020: $0Net Assets 2020: $91,1072020Assets 2021: $224,696Liabilities 2021: $0Net Assets 2021: $224,6962021Assets 2022: $200,475Liabilities 2022: $0Net Assets 2022: $200,4752022Assets 2023: $145,864Liabilities 2023: $0Net Assets 2023: $145,8642023Assets 2024: $185,812Liabilities 2024: $700Net Assets 2024: $185,1122024

Highlighted filing

2022

Assets$200,475
Liabilities$0
Net Assets$200,475

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2015: $136,654Expenses 2015: $140,000Net Income 2015: -$3,3462015Revenue 2016: $138,950Expenses 2016: $132,284Net Income 2016: $6,6662016Revenue 2017: $162,553Expenses 2017: $135,000Net Income 2017: $27,5532017Revenue 2018: $217,990Expenses 2018: $178,500Net Income 2018: $39,4902018Revenue 2019: $181,291Expenses 2019: $164,860Net Income 2019: $16,4312019Revenue 2020: $117,911Expenses 2020: $129,800Net Income 2020: -$11,8892020Revenue 2021: $486,526Expenses 2021: $352,937Net Income 2021: $133,5892021Revenue 2022: $309,677Expenses 2022: $333,898Net Income 2022: -$24,2212022Revenue 2023: $566,449Expenses 2023: $621,060Net Income 2023: -$54,6112023Revenue 2024: $348,181Expenses 2024: $308,933Net Income 2024: $39,2482024

Highlighted filing

2022

Revenue$309,677
Expenses$333,898
Net Income-$24,221
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 12, 2023
Return Version
2022v5.0
Gross Receipts
$358,127
Mission and Program Overview

Mission

The leeds endowment, inc. Is committed to helping disabled individuals with the resources they need to live healthy, productive and independent lives. Our fundraising efforts help to raise awareness and make it possible to donate the resources needed to help disabled individuals in the palm beach county area of florida.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$224,696$200,475▼ $24,221
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$224,696$200,475▼ $24,221
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$224,696$200,475▼ $24,221
Total Net Assets Fund Balance$224,696$200,475▼ $24,221
Total Liabilities and Net Assets / Fund Balance$224,696$200,475▼ $24,221
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan FordPresident
Danielle FordVice President
George FordDirector
Meghan TaylorDirector
Nick IvancevicDirector
Walter WickDirector
Susan WaterburySecretary
James BartleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$296,327
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$13,350
Change in Net Assets
$-24,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$315,898
Other Expenses$18,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$294,528--$294,528
Grants to Domestic Individuals$21,370--$21,370
Advertising$10,600--$10,600
Fees for Services Accounting$7,400--$7,400
Total Functional Expenses$333,898$0$0$333,898
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Diveheart Dba Thresher AquaLatana, FL-Access to Diving$80,600
Tidal K9 Training LLCSt Petersburg, FL-Train Service Dogs$65,000
Clinics Can HelpWest Palm Beach, FL-Medical Equipment$53,428
Sea Turtle AdventuresBoynton Beach, FL-Nature based for disabled adults$25,000
Shifting Gears United IncTequesta, FL-Athletes W/disability$20,000
G4 Good FoundationLighthouse Pt, FL-Access to Diving$15,000
Season to ShareWest Palm Beach, FL-Palm Beach Post grant$10,000
Student AcesPalm Bch Garden, FL-Character edu for teens$10,000
American Assn of Caregiving YNorth Palm Beac, FL-Support Caregivers$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,800
Fundraising Direct Expenses$48,450
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Party W/ Pack$358,127$61,800$28,094$33,706
Total Events$358,127$61,800$48,450$13,350
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

FORM 990, PART VI, LINE 11B - ORG'S PROCESS TO REVIEW FORM 990

Return will be reviewed by the president, susan ford, prior to filing.

Form 990, Part VI, Line 12C - Enforcement of Conflicts Policy

If the board believes a member has failed to disclose a conflict it shall disclose the basis for the belief and afford the member the opportunity to explain. If further investigation is required and it is determined a conflict does exist, the board is authorized to take appropriate disciplinary and corrective action.

Form 990, Part VI, Line 19 - Governing Docs Disclosure Explanation

Documents will be released to the public upon request.

Form 990, Part VI, Line 2 - Related Party Information Among Officers

Spouses:george forddirectorsusan fordpresidentparents to danielle:george and susan forddirector and presidentdanielle fordvice presidentparents to meghan:george and susan forddirector and presidentmeghan taylordirector

Filing and Contact Details

Filer

Filer Name
Leeds Endowment Inc
EIN
45-4440485
Phone
5615967666
Address
14792 PALMWOOD ROAD, PALM BEACH GARDENS, FL 33410

Signing Officer

Name
Susan Ford
Title
President
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Ford
Formed
2012
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
5
Employees
0

Preparer

Firm
Stone Rudolph & Henry Plc
Address
124 CENTER POINTE DRIVE, CLARKSVILLE, TN 37040
Preparer
Thomas D Butchko
Phone
9316484786
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Other program services 4: all other accomplishments - the leeds endowment, inc. Donated directly to local organizations who provide needed services to the disabled. This year a donation went to g4 good foundation whose mission is to help good people do good things by supporting diveheart, which provides scuba diving experiences to the disabled. A donation also went to american association of caregiving youth, which provides support to children and adolescents who provide significant assistance to relatives needing help because of physical or mental illness, disability or frailty. Donations were also made to special olympics of fl, sea turtle adventures, shifting gears united, mutty paws, and season to share, all non profits supporting the disabled.

FORM 990 - ORGANIZATION'S MISSION

The leeds endowment, inc. Is committed to helping disabled individuals with the resources they need to live healthy, productive and independent lives. Our fundraising efforts help to raise awareness and make it possible to donate the resources needed to help disabled individuals in the palm beach county area of florida.

Form 990, Part III, Line 4D - All Other Accomplishments

The leeds endowment, inc. Donated directly to local organizations who provide needed services to the disabled. This year a donation went to the american association of caregiving youth, which provides support to children and adolescents who provide significant assistance to relatives needing help because of physical or mental illness, disability or frailty. They also donated to tidal k9 dog training center for the training of support animals for the disabled. A donation was also made to g4 good foundation whose mission is to help good people do good things by supporting diveheart which provides scuba diving experiences to the disabled, and cristo rey tampa which assists low income youth with college prep. Donations were made to kid sancutary campus, mutty paws resuce, sea turtle adventures and x-port paws, all non-profits supporting the disabled.

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IRS990/ProgSrvcAccomActy2Grp/Desc0DIVEHEART, DBA THRESHER AQUATICS, IS A NON-PROFIT ORGANIZATION WHOSE PURPOSE IS TO PROVIDE AND SUPPORT EDUCATIONAL SCUBA DIVING PROGRAMS THAT ARE OPEN TO ANY CHILD, ADULT OR VETERAN WITH A DISABILITY, WITH THE HOPE OF PROVIDING BOTH PHYSICAL AND PSYCHOLOGICAL THERAPEUTIC VALUE TO THAT PERSON. DIVEHEART WORKS WITH INDIVIDUALS WHO HAVE A VARIETY OF DISBILITIES, INCLUDING PHYSICAL AND DEVELOPMENTAL DISABILITIES, VISION AND HEARING IMPAIRMENTS, AMPUTATIONS, TRAUMATIC BRAIN INJURIES, PTSD AND MORE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TIDAL K-9 IS A SERVICE DOG TRAINING CENTER AND RESCUE LOCATED IN NORTH FORT MYERS, FL. THEIR MISSION IS TO PROVIDE TRAINED SERVICE DOGS FOR INDIVIDUALS WITH DISABILITIES.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLE-HOME CARE NEEDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1T. BERNAL-STOKE CARE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2MEADE-WHEEL CHAIR CAMPAIGN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3WEICHEL-SERVICE DOG VET
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4CHAVEZ-MAC COMPUTERS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5Skarie-towards wheel chair van
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6Tina Thompson-help post covid death
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7Mancuso-12 hrs help post surgery
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt8Mancuso-rent help Oct/Nov
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt9Hermanns-health aid assist
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt10Tom Lutz-bath to fit wheelchair
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT CAREGIVERS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MEDICAL EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ACCESS TO DIVING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ACCESS TO DIVING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Nature based for disabled adults
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Palm Beach Post grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6ATHLETES W/DISABILITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Character edu for teens
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TRAIN SERVICE DOGS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN ASSN OF CAREGIVING Y
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CLINICS CAN HELP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2DIVEHEART DBA THRESHER AQUA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3G4 GOOD FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Sea Turtle Adventures
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Season to Share
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6SHIFTING GEARS UNITED INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Student Aces
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8TIDAL K9 TRAINING LLC
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IRS990ScheduleI/RecipientTable/USAddress/CityNm5West Palm Beach
IRS990ScheduleI/RecipientTable/USAddress/CityNm6TEQUESTA

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