LEAS FOUNDATION FOR LEUKEMIA RESEARCH

EIN: 061520923 501(c)(3) Diseases & Disorders

BLOOMFIELD, CT

Total Revenue
$230,855
Total Expenses
$208,166
Total Assets
$1,877,295
Net Assets
$1,874,600
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CT
Phone
8602431428
Tax Period
2024-08-01 to 2025-07-31

LEAS FOUNDATION FOR LEUKEMIA RESEARCH, founded in 1998, is a small nonprofit in the Diseases & Disorders sector that reported $231K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $208K left a modest 10% surplus.

Mission

Lea's Foundation was established to fund research into the causes and/or cures for Leukemia and its related cancers of Lymphoma, Hodgkin's Lymphoma, and Multiple Mylemoa. Additionally the Foundation provides financial assistance to patients affected by Leukemia and similar malignant blood-related diseases. The Foundation further provides increased public awareness of these cancers through its participation and support of community health programs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $34,783
Program Service Revenue $0
Investment Income $36,020
Other Revenue $160,052
TOTAL REVENUE $230,855

Expense Breakdown

Grants Paid $127,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $194,783
Other Expenses $81,166
TOTAL EXPENSES $208,166

Year-over-Year Comparison

2024 2023 Change
Revenue $230,855 $531,534 -0.6%
Expenses $208,166 $97,411 +1.1%
Net Income $22,689 $434,123 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
24
Independent Members
16
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Archilla Chairman 2.00
Officer Director
$0 $0 $0
George Economos Vice Chairman 2.00
Officer Director
$0 $0 $0
David Smith Director 2.00
Director
$0 $0 $0
Gary Laurito President 3.00
Officer Director
$0 $0 $0
Lea Bradley Secretary 2.00
Officer Director
$0 $0 $0
Kevin Bingham Director 0.00
Director
$0 $0 $0
Maria Economos Director 2.00
Director
$0 $0 $0
Mark Espinosa Director 0.00
Director
$0 $0 $0
Morgan Hilliard Director 0.00
Director
$0 $0 $0
Jason Frechette Director 0.00
Director
$0 $0 $0
Carla Economos Vice President 0.00
Director
$0 $0 $0
Steven Norris Director 0.00
Director
$0 $0 $0
Ashley Goncalves Director 0.00
Director
$0 $0 $0
Nicholas Stamboulis Director 0.00
Director
$0 $0 $0
Penny Wills Treasurer 3.00
Director
$0 $0 $0
Kris Young Director 0.00
Director
$0 $0 $0
Vann Young Director 0.00
Director
$0 $0 $0
Satya Chhabra Director 0.00
Director
$0 $0 $0
Michael Goncalves Director 0.00
Director
$0 $0 $0
Corey Laurito Director 0.00
Director
$0 $0 $0
Ryan Leichsenring Director 0.00
Director
$0 $0 $0
Andy Kulas Director 0.00
Director
$0 $0 $0
Bess Economos Assoc Director 0.00
Director
$0 $0 $0
Robert Storm Assoc Director 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $230,855 $208,166 $1,877,295 $22,689
2024 $531,534 $97,411 $1,852,392 $434,123
2023 $275,524 $110,230 $1,506,166 $165,294
2022 $97,815 $122,727 $1,449,631 $-24,912
2022 $97,815 $122,727 $1,449,631 $-24,912
2021 $231,076 $68,707 $1,549,934 $162,369
2020 $302,836 $174,105 $1,423,512 $128,731
2019 $314,998 $395,838 $1,376,345 $-80,840
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