LEONARDO'S BASEMENT (EIN 411911604) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

STEVE JEVNING

Phone

6128244394

Tax Period

2024-01-01 to 2024-12-31

LEONARDO'S BASEMENT, founded in 1998, is a small nonprofit in the Human Services sector that reported $404K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

EDUCATION PROGRAMS THAT INCLUDE ENGINEERING, ART AND TECHNOLOGY PROJECT BUILDING FOR CHILDREN, TEENS, AND ADULTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,613

Program Service Revenue $297,438

Investment Income $6,490

Other Revenue $0

TOTAL REVENUE $403,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,412

Fundraising Expenses $6,682

Program Expenses $385,981

Other Expenses $277,985

TOTAL EXPENSES $433,397

Year-over-Year Comparison

	2024	2023	Change
Revenue	$403,541	$523,488	-0.2%
Expenses	$433,397	$459,431	-0.1%
Net Income	$-29,856	$64,057	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$130,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIS BOWMAN	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL ARQUIN	CHAIR	2.00	Officer Director	$0	$0	$0
ANNA-MARIA BLISS	SECRETARY	2.00	Officer Director	$0	$0	$0
GARY LEATHERMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIN MCDOWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANCISCO SAAVEDRA	BOARD MEMBER	1.00	Director	$0	$0	$0
RAYE SOSSEH	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE JEVNING	CO-EXECUTIVE DIRECTOR	40.00	Officer	$61,250	$0	$61,250
TRACY NIELSEN	CO-EXECUTIVE DIRECTOR	40.00	Officer	$68,750	$0	$68,750

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
2024	$403,541	$433,397	$203,625	$-29,856
2023	$523,488	$459,431	$235,599	$64,057
2022	$364,657	$400,705	$177,115	$-36,048
2021	$394,636	$310,145	$209,054	$84,491
2020	$259,533	$285,633	$108,463	$-26,100
2019	$423,482	$401,100	$71,023	$22,382
2018	$507,507	$486,985	$42,589	$20,522

LEONARDO'S BASEMENT