Civic Intelligence

Leto Fund Inc

EIN 87-3652432 • 501(c)3 • West Hollywood, CA

Profile

The mission of the leto fund is to harness the power of entertainment to create lasting change for the pressing issues of our time, including healthcare, education, environment, social and racial justice, homelessness, disaster relief, and food insecurity. We do this by bringing together the creative community with forward thinking organizations around actionable ideas designed to deliver real world impact.

508 Norwich DriveWest Hollywood, CA 90048

na

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-327%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

14th percentile

-67%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

333%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$211,871

Down $425,404 (-67%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$211,871

Down $425,404 (-67%) from 2022

Operations
Liabilities / Revenue61st percentileNet Margin5th percentile

Revenue

Up

$130,000

Up $100,000 (+333%) from 2022

Expenses

Down

$555,404

Down $59,498 (-9.7%) from 2022

Net Income

Up

-$425,404

Up $159,498 (+27%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2022: $637,275Liabilities 2022: $0Net Assets 2022: $637,2752022Assets 2023: $211,871Liabilities 2023: $0Net Assets 2023: $211,8712023

Highlighted filing

2023

Assets$211,871
Liabilities$0
Net Assets$211,871
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2022: $30,000Expenses 2022: $614,902Net Income 2022: -$584,9022022Revenue 2023: $130,000Expenses 2023: $555,404Net Income 2023: -$425,4042023

Highlighted filing

2023

Revenue$130,000
Expenses$555,404
Net Income-$425,404
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$211,871
Liabilities
$0
Net assets
$211,871
Revenue
$130,000
Expenses
$555,404
Net income
-$425,404
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$1.30$5.55$4.25
2022Detailed filing. Detailed filing data is available for this year.$6.37$0.00$6.37$0.30$6.15$5.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$130,000
Mission and Program Overview

Mission

The mission of the leto fund is to harness the power of entertainment to create lasting change for the pressing issues of our time, including healthcare, education, environment, social and racial justice, homelessness, disaster relief, and food insecurity. We do this by bringing together the creative community with forward thinking organizations around actionable ideas designed to deliver real world impact.

Program Services

DescriptionGrantsExpenses
TRANSCEND THE TRANSCEND COMMUNITY IMPACT FUND AIMS TO ELEVATE BEST PRACTICES AND COMMUNITY-LED SOLUTIONS THAT IMPROVE THE SAFETY, HEALTH AND WELLNESS OF THE TRANSGENDER COMMUNITY. TRANSCEND SUPPORTS STRATEGIC PROGRAM DEVELOPMENT, CAPACITY BUILDING AND IMPLEMENTATION OF DIRECT SERVICES FOR TRANSGENDER COMMUNITIES WITH $4.5 MILLION OVER TWO YEARS TO COMMUNITY ORGANIZATIONS, 87% OF WHICH ARE TRANS-LED.$0$348,110
AIDS QUILT / NATIONAL AIDS MEMORIAL | CHANGE THE PATTERN INITIATIVEA NATIONWIDE INITIATIVE DEVELOPED BY THE NATIONAL AIDS MEMORIAL, SOUTHERN AIDS COALITION, AND GILEAD SCIENCES, INC. TO COMMEMORATE LIVES LOST TO AIDS BY BRINGING THE HISTORIC MEMORIAL QUILT, WHICH WAS BUILT IN 1987, TO COMMUNITIES AROUND THE SOUTH. THROUGH THE CHANGE THE PATTERN INITIATIVE, THE ORGANIZATIONS AIM TO HIGHLIGHT AND HONOR BLACK AND BROWN LIVES LOST TO HIV AND AIDS AND REIMAGINE AN AIDS-FREE WORLD.$0$24,001
COMPASSCOMPASS (COMMITMENT TO PARTNERSHIP IN ADDRESSING HIV IN SOUTHERN STATES)THE GILEAD COMPASS INITIATIVE IS WORKING TO ADDRESS THE HIV/AIDS EPIDEMIC IN THE SOUTHERN UNITED STATES BY COLLABORATING WITH LOCAL COMMUNITY ORGANIZATIONS AND STAKEHOLDERS TO USE EVIDENCE-BASED SOLUTIONS TO MEET THE NEEDS OF PEOPLE LIVING WITH AND IMPACTED BY HIV/AIDS. COMPASS COORDINATING CENTERS INCLUDE EMORY UNIVERSITY ROLLINS SCHOOL OF PUBLIC HEALTH, SOUTHERN AIDS COALITION, UNIVERSITY OF HOUSTON GRADUATE COLLEGE OF SOCIAL WORK & WAKE FOREST UNIVERSITY SCHOOL OF DIVINITY.$0$2,500
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOEL GOLDMANDirector/President-$0--
SARAH ADOLPHSONDirector/Treasurer-$0--
CATHERINE KIMMELDirector-$0--
EMILY ABRAMSDirector-$0--
JAMES MILLERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Leto Fund Inc
EIN
87-3652432
Phone
8185710223
Address
508 NORWICH DRIVE, WEST HOLLYWOOD, CA 90048

Signing Officer

Name
Vagram Shalvardzhyan
Title
Treasurer
Phone
8185710223
Signed
2024-11-15

Preparer

Firm
Mash Accounting & Consulting Llp
Address
500 N CENTRAL AVE STE 600, GLENDALE, CA 91203
Preparer
Vagram Shalvardzhyan
Phone
8189456274
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advertising & marketing. Amount: 12,000. Description: awareness event & expenses. Amount: 25,662. Description: office expenses. Amount: 1,741. Total to form 990-ez, line 16: 39,403.”

Raw XML Appendix163 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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