LEEDS FOUNDATION PBC INC

EIN: 454440485 501(c)(3) Human Services

PALM BEACH GARDENS, FL

Total Revenue
$348,181
Total Expenses
$308,933
Total Assets
$185,812
Net Assets
$185,112
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
SUSAN FORD
Phone
5615967666
Tax Period
2024-01-01 to 2024-12-31

LEEDS FOUNDATION PBC INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $348K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $309K left a modest 11% surplus.

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.

Program Service Accomplishments

Program 1
Expenses: $153,933

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...

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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.

Program 2
Expenses: $90,000

DIVEHEART, 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...

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DIVEHEART, 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.

Program 3
Expenses: $40,000

SHIFTING GEARS UNITED PROVIDES ADAPTIVE SPORTS PROGRAMS TO WOUNDED VETERANS, FIRST RESPONDERS, CHILDREN AND ADULTS WITH VARYING DISABILITIES. THEY AIM TO EMPOWER, EDUCATE AND ENABLE THE DISABILITY...

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SHIFTING GEARS UNITED PROVIDES ADAPTIVE SPORTS PROGRAMS TO WOUNDED VETERANS, FIRST RESPONDERS, CHILDREN AND ADULTS WITH VARYING DISABILITIES. THEY AIM TO EMPOWER, EDUCATE AND ENABLE THE DISABILITY COMMUNITIES THEY SERVE TO TRAIN AND PARTICIPATE IN MAINSTREAM SPORTS. THEY OFFER RUNNING, WALKING, PUSHRIM WHEELCHAIR RACING, WATER AEROBICS, HANDCYCLE PROGRAM, KAYAK PROGRAM AND ADAPTIVE PADDLEBOARD PROGRAM.

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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 $328,513
Program Service Revenue $0
Investment Income $0
Other Revenue $19,668
TOTAL REVENUE $348,181

Expense Breakdown

Grants Paid $296,511
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $308,933
Other Expenses $12,422
TOTAL EXPENSES $308,933

Year-over-Year Comparison

2024 2023 Change
Revenue $348,181 $566,449 -0.4%
Expenses $308,933 $621,060 -0.5%
Net Income $39,248 $-54,611 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
5
Employees
N/A
Volunteers
N/A

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BARTLE Treasurer 0.00
Officer Director
$0 $0 $0
GEORGE FORD Director 0.00
Officer Director
$0 $0 $0
NICK IVANCEVIC Director 0.00
Director
$0 $0 $0
MEGHAN TAYLOR Director 0.00
Director
$0 $0 $0
WALTER WICK Director 0.00
Director
$0 $0 $0
DANIELLE FORD Vice President 0.00
Officer
$0 $0 $0
SUSAN FORD President 0.00
Officer
$0 $0 $0
SUSAN WATERBURY Secretary 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
2024 $348,181 $308,933 $185,812 $39,248
2023 $566,449 $621,060 $145,864 $-54,611
2022 $309,677 $333,898 $200,475 $-24,221
2021 $486,526 $352,937 $224,696 $133,589
2020 $117,911 $129,800 $91,107 $-11,889
2019 $181,291 $164,860 $102,996 $16,431
2018 $217,990 $178,500 $86,565 $39,490
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