EQUIPMENT LEASING & FINANCE FOUNDATION INC

EIN: 541527848 501(c)(3) Philanthropy & Grantmaking

WASHINGTON, DC

Total Revenue
$844,333
Total Expenses
$922,670
Total Assets
$1,226,745
Net Assets
$920,708
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
DC
Principal Officer
LEIGH LYTLE
Phone
2022383400
Tax Period
2023-01-01 to 2023-12-31

EQUIPMENT LEASING & FINANCE FOUNDATION INC, founded in 1989, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $844K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

THE FOUNDATION WAS FORMED FOR THE BENEFIT OF AND TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE EQUIPMENT LEASING AND FINANCE ASSOCIATION, INC. THE FOUNDATION WAS INCORPORATED TO PROMOTE THE GROWTH AND EFFECTIVENESS OF EQUIPMENT LEASING AND FINANCE THROUGH PROGRAMS THAT IDENTIFY, STUDY AND REPORT ON CRITICAL ISSUES AFFECTING THE INDUSTRY, AND A STUDENT SCHOLARSHIP PROGRAM. ITS MAIN PURPOSE IS TO CONDUCT RESEARCH THAT WILL CONTRIBUTE TO A BETTER UNDERSTANDING OF THE VITAL AND INNOVATIVE ROLE PLAYED BY EQUIPMENT LEASING IN THE AMERICAN AND INTERNATIONAL ECONOMIES. THE FOUNDATION DEVELOPS INDEPENDENT RESEARCH REPORTS AND STUDIES THAT WILL PROMOTE THE SUCCESS AND PRODUCTIVITY OF EQUIPMENT LEASING, THEREBY ENABLING EQUIPMENT LEASING TO BETTER SERVE THE PUBLIC. IT ALSO PROMOTES THE BENEFITS OF THE INDUSTRY TO THE GENERAL PUBLIC, AND SPECIFICALLY TO STUDENTS, THROUGH A GUEST LECTURE PROGRAM DESIGNED TO RAISE AWARENESS AND ATTRACT NEW TALENT TO THE INDUSTRY'S WORKFORCE.

Program Service Accomplishments

Program 1
Expenses: $381,417

ECONOMIC OUTLOOK - THE ECONOMIC OUTLOOK REPORT SERIES ANALYZES GLOBAL AND DOMESTIC TRENDS IMPACTING CAPITAL SPENDING AND ECONOMIC GROWTH IN THE COMING YEAR. IT IDENTIFIES KEY SIGNPOSTS SPECIFIC TO...

Read more

ECONOMIC OUTLOOK - THE ECONOMIC OUTLOOK REPORT SERIES ANALYZES GLOBAL AND DOMESTIC TRENDS IMPACTING CAPITAL SPENDING AND ECONOMIC GROWTH IN THE COMING YEAR. IT IDENTIFIES KEY SIGNPOSTS SPECIFIC TO THE EQUIPMENT FINANCE INDUSTRY AND FEATURES MOMENTUM MONITORS THAT IDENTIFY TURNING POINTS FOR 12 VERTICALS IN THEIR RESPECTIVE INVESTMENT CYCLES. THE OUTLOOKS ARE UPDATED QUARTERLY.

Program 2
Expenses: $279,913

RESEARCH STUDIES - THE FOUNDATION DEVELOPS AND PUBLISHES FUTURE FOCUSED RESEARCH TO IDENTIFY TRENDS AND TECHNIQUES FORTHCOMING TO THE INDUSTRY.

Program 3
Expenses: $153,038

SPECIAL PROJECTS INCLUDES LIMITED OR ONE-TIME EXPENSES FOR SHARING AND PROMOTING OUR RESEARCH AND RESOURCES WITH OUR DONOR COMMUNITY THROUGH DIGITAL COMMUNICATIONS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $818,218
Program Service Revenue $0
Investment Income $26,115
Other Revenue $0
TOTAL REVENUE $844,333

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $432,046
Fundraising Expenses $64,980
Program Expenses $814,368
Other Expenses $465,624
TOTAL EXPENSES $922,670

Year-over-Year Comparison

2023 2022 Change
Revenue $844,333 $888,946 -0.1%
Expenses $922,670 $1,067,388 -0.1%
Net Income $-78,337 $-178,442 -0.6%
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

Sign In

Governance

Voting Members
19
Independent Members
18
Employees
N/A
Volunteers
70

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
7
$1,101,156
Total Directors
23
$907,129
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RALPH PETTA PRESIDENT (THRU 12/4/23) 2.00
Officer Director
$0 $74,278 $813,380
LEIGH LYTLE PRESIDENT (BEG 12/4/23) 2.00
Officer Director
$0 $0 $93,749
NANCY PISTORIO CHAIR 2.00
Officer Director
$0 $0 $0
ZACK MARSH VICE CHAIR 2.00
Officer Director
$0 $0 $0
MILES HERMAN TREASURER 2.00
Officer Director
$0 $0 $0
SCOTT THACKER IMMEDIATE PAST CHAIR (THRU 12/4/23) 2.00
Officer Director
$0 $0 $0
ANDREW BLACKLOCK TRUSTEE 2.00
Director
$0 $0 $0
PETER BULLEN TRUSTEE 2.00
Director
$0 $0 $0
JIM DEFRANK TRUSTEE (BEG 12/4/23) 2.00
Director
$0 $0 $0
JEFF DICOSOLA TRUSTEE (BEG 12/4/23) 2.00
Director
$0 $0 $0
CHRISTOPHER ENBOM TRUSTEE (THRU 12/4/23) 2.00
Director
$0 $0 $0
CINDY FLECK TRUSTEE 2.00
Director
$0 $0 $0
VALERIE GERARD TRUSTEE 2.00
Director
$0 $0 $0
MARTIN KLOTZMAN TRUSTEE (BEG 12/4/23) 2.00
Director
$0 $0 $0
SHARI LIPSKI TRUSTEE 2.00
Director
$0 $0 $0
MARK LOKEN TRUSTEE 2.00
Director
$0 $0 $0
DAVID NORMANDIN TRUSTEE 2.00
Director
$0 $0 $0
RICKY RIOS TRUSTEE 2.00
Director
$0 $0 $0
NANCY ROBLES TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM TEFFT TRUSTEE 2.00
Director
$0 $0 $0
THOMAS WARE TRUSTEE (THRU 12/4/23) 2.00
Director
$0 $0 $0
BONNIE WRIGHT TRUSTEE (THRU 12/4/23) 2.00
Director
$0 $0 $0
DONNA YANUZZI TRUSTEE 2.00
Director
$0 $0 $0
KELLI J NIENABER EXECUTIVE DIRECTOR 37.50
Officer
$176,627 $17,400 $194,027
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 No data No data No data No data
2023 $844,333 $922,670 $1,226,745 $-78,337
2022 $888,946 $1,067,388 $1,533,930 $-178,442
2021 $775,121 $838,933 $1,410,673 $-63,812
2020 $689,016 $719,983 $1,515,728 $-30,967
2019 $818,736 $911,144 $1,629,361 $-92,408
2018 $785,040 $1,103,521 $1,490,533 $-318,481
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare EQUIPMENT LEASING & FINANCE FOUNDATION INC with other nonprofits in District of Columbia and across the country.