LEONIDAS FOUNDATION (EIN 813116420) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

TEDDY VAGIAS

Phone

9736153501

Tax Period

2023-01-01 to 2023-12-31

LEONIDAS FOUNDATION, founded in 2016, is a small nonprofit in the Public & Societal Benefit sector that reported $107K in total revenue in fiscal year 2023. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $132K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE LEONIDAS FOUNDATION IS DEDICATED TO PROMOTING EMERGING YOUNG MEN WITH A DESIRE FOR SERVICE, KNOWLEDGE AND FELLOWSHIP. WHILE MAINTAINING A STORNG LOVE OF GOD, COUNTRY AND BROTHERHOOD, WE ENGAGE IN PRODUCTIVE AND HUMANITARIAN ENDEAVORS TO FOSTER SCHOLARSHIP, MENTORSHIP AND PUBLIC SERVICE WITH HONOR, PROWESS AND INTEGRITY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $67,024

Program Service Revenue $0

Investment Income $85

Other Revenue $39,614

TOTAL REVENUE $106,723

Expense Breakdown

Grants Paid $28,827

Salaries & Benefits $55,390

Fundraising Expenses $0

Program Expenses $132,064

Other Expenses $47,847

TOTAL EXPENSES $132,064

Year-over-Year Comparison

	2023	2022	Change
Revenue	$106,723	$54,361	+1.0%
Expenses	$132,064	$89,337	+0.5%
Net Income	$-25,341	$-34,976	-0.3%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TEDDY VAGIAS	TRUSTEE	2.00	Director	$0	$0	$0
FRANCES VAGIAS	TRUSTEE	2.00	Director	$0	$0	$0
ALEXANDRA VAGIAS	TRUSTEE	2.00	Director	$0	$0	$0
MATTHEW PERRICONE	PRESIDENT	2.00	Officer	$0	$0	$0
ALEX CUCCINIELLO	VICE PRESIDENT	2.00	Officer	$0	$0	$0
MATTHEW COLON	SECRETARY	2.00	Officer	$0	$0	$0
SUSAN PERRICONE	TREASURER	2.00	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	No data	No data	No data	No data
2023	$106,723	$132,064	$81,675	$-25,341
2022	$54,361	$89,337	$106,200	$-34,976
2021	$70,260	$166,312	$155,092	$-96,052
2020	$81,953	$58,139	$241,494	$23,814
2019	$122,980	$100,801	$217,680	$22,179
2018	$145,002	$119,087	$195,501	$25,915
2017	$184,146	$28,980	$169,586	$155,166
2016	$20,743	$6,323	$14,420	$14,420

LEONIDAS FOUNDATION