Leveraged Foundation

990PF • Fiscal year 2020 • EIN 83-0635999

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 22, 2021

Organization Profile

C/O Ayco 100 Coliseum DriveCohoes, NY 12047

(212) 871-6680

Siviq Scores

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

0.01x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • NTEE T • $500k-$1M nonprofits • Source year 2020

0.00x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • NTEE T • $500k-$1M nonprofits • Source year 2020

-43%

Higher net margin than 34% of similar nonprofits.

2020 filings • NTEE T • $500k-$1M nonprofits • Source year 2020

Higher top officer pay than 80% of similar nonprofits.

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

2020 filings • NTEE T • $500k-$1M nonprofits • Source year 2020

7.1%

Faster asset growth than 71% of similar nonprofits.

2020 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2018 to 2020

-0.4%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2018 to 2020

Balance Sheet

Liabilities / Assets84th percentile

Assets

$104,919

Up $13,465 (+15%) from 2018

Net Assets

$104,069

Up $12,615 (+14%) from 2018

Liabilities

$850

Up $850 from 2018

Revenue And Expenses

Liabilities / Revenue78th percentile Net Margin34th percentile

Revenue

Down

$500,000

Down $4,231 (-0.8%) from 2018

Expenses

$715,330

Up $302,553 (+73%) from 2018

Net Income

Down

-$215,330

Down $306,784 (-335%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

Highlighted filing

2020

Assets$104,919

Liabilities$850

Net Assets$104,069

Open 2020 Filing

Operations Trend

Revenue Growth55th percentile

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

Highlighted filing

2020

Revenue$500,000

Expenses$715,330

Net Income-$215,330

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Dec 22, 2021
Return Version: 2020v4.1

Compensation and Service Providers

Top Officer Pay80th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MEGHAN MACKAY	Exec. Direct. & Prsdnt/Direct.	FT	$0	-	-
ALLEN THORPE	Treasurer/Secretary/Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: LeveragEd Foundation
EIN: 83-0635999
In Care Of: % MEGHAN MACKAY C/O AYCO
Phone: 2128716680
Address: C/O Ayco 100 Coliseum Drive, Cohoes, NY 12047

Signing Officer

Name: Meghan Mackay
Title: Exec.direct.& Prsdnt
Phone: 2128716680
Signed: 2021-12-22
Discuss with paid preparer: Yes

Preparer

Firm: Ernst & Young US Llp
Address: 99 WOOD AVENUE SOUTH, ISLEIN, NJ 08830
Preparer: michael r slaes
Phone: 7325164200

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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt	0	ACCOUNTING FEES
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AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt	0	0
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc	0	Part IX-A, line 1 - Summary of Direct Charitable Activities
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt	0	Part IX-A
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt	0	LeveragED Foundation (the Foundation) partners with senior leaders of school districts and networks to ensure the best educational experiences and outcomes within their schools. The Foundation provides expertise, innovative ideas and practices, and dedicates support to collaboratively develop strong systems and leadership capacity. The goal is to impact education beyond its partnerships by curating and spreading the best ideas and practices. In 2020, the Foundation worked with (15) public district and charter networks serving over 57,000 students across ten states and further partnered with education thought leaders to broaden, deepen and amplify what works.
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/PersonNm	0	RICHARD SEIGLER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/PersonNm	1	VANESSA BANGSER
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/PersonNm	2	CAITLIN KLEIN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/TitleTxt	0	MANAGING DIRECTOR
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	MEGHAN MACKAY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	ALLEN THORPE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	EXEC. DIRECT. & PRSDNT/DIRECT.
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	TREASURER/SECRETARY/DIRECTOR
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IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	DE
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	1	NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt	0	MEGHAN MACKAY CO AYCO
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	2128716680
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	true
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	https://www.leveragedfoundation.org
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt	0	SEE GENERAL EXPLANATION
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt	0	715330
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	NONE
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	QUAD FAMILY FOUNDATION
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	251 little falls drive
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	WILMINGTON
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	DE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	19808
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	500000
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt	0	0
LegalFeesSchedule/LegalFeesGrp/CategoryTxt	0	LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt	0	1473
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt	0	1473
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt	0	0
OtherDecreasesSchedule/OtherDecreasesDetail/Amt	0	6345
OtherDecreasesSchedule/OtherDecreasesDetail/Desc	0	ADJUSTMENT TO PRIOR YEAR ASSETS
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	0	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	1	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	OFFICE HARDWARE & TECHNOLOGY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	SCHOOL LEADERSHIP CERT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	SOFTWARE EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	BOOKS & PUBLICATIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	4	DUES & SUBSCRIPTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	5	OFFICE SUPPLIES & SOFTWARE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	6	CSC FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	7	FILING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	8	ADVERTISING & MARKETING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	9	BANK CHARGES & FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	2608
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	1596
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	1414
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	884
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	4	794
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	5	794
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	6	487
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	7	286
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	8	236
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	9	95
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	1	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	2608
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	1596
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	1414
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	884
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	794
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	794
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	6	487
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	7	286
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	8	236
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	9	95
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	3
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MEGHAN MACKAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	EXEC.DIRECT.& PRSDNT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2128716680
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-12-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LeveragEd Foundation
ReturnHeader/Filer/BusinessNameControlTxt	0	LEVE
ReturnHeader/Filer/EIN	0	830635999
ReturnHeader/Filer/InCareOfNm	0	% MEGHAN MACKAY C/O AYCO
ReturnHeader/Filer/PhoneNum	0	2128716680
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	C/O Ayco 100 Coliseum Drive
ReturnHeader/Filer/USAddress/CityNm	0	Cohoes
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	12047
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	99 WOOD AVENUE SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	ISLEIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	08830
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7325164200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	michael r slaes
ReturnHeader/ReturnTs	0	2021-12-22T16:45:58-06:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	MEGHAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	MACKAY
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $104,919
Liabilities: $850
Net assets: $104,069
Revenue: $500,000
Expenses: $715,330
Net income: -$215,330

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.57	$0.00	$0.57	$2.00	$2.07	$0.06
2023Detailed filing. Detailed filing data is available for this year.	$0.64	$0.00	$0.64	$1.75	$1.38	$0.37
2022Detailed filing. Detailed filing data is available for this year.	$0.26	$0.00	$0.26	$1.00	$1.09	$0.09
2021Detailed filing. Detailed filing data is available for this year.	$0.36	$0.00	$0.35	$1.00	$0.75	$0.25
2020Detailed filing. Detailed filing data is available for this year.	$0.10	$0.00	$0.10	$0.50	$0.72	$0.22
2018Detailed filing. Detailed filing data is available for this year.	$0.09	$0.00	$0.09	$0.50	$0.41	$0.09