LEVER FOUNDATION INC

EIN: 823445472 501(c)(3) Animal-Related

Lancaster, PA

Total Revenue
$2,837,414
Total Expenses
$2,186,744
Total Assets
$2,917,599
Net Assets
$2,914,917
🔒

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
2017
Legal Domicile
PA
Principal Officer
Nick Cooney
Phone
7175841805
Tax Period
2023-01-01 to 2023-12-31

LEVER FOUNDATION INC, founded in 2017, is a community nonprofit in the Animal-Related sector that reported $2.8M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $651K, a strong 23% operating margin.

Mission

The mission of The Lever Foundation is to prevent animal suffering and cruelty to animals by promoting healthy, humane and sustainable food choices.

Program Service Accomplishments

Program 1
Expenses: $300,000 Revenue: $0

Lever Foundation worked with major food companies to inspire and help them remove the worst forms of animal cruelty from their supply chain, with a particular focus on helping companies commit to...

Read more

Lever Foundation worked with major food companies to inspire and help them remove the worst forms of animal cruelty from their supply chain, with a particular focus on helping companies commit to ending the use of battery cages (or other cage confinement of egg-laying hens) in their supply chain. Lever Foundation focused its efforts on achieving these policy changes in the greater China region and throughout Asia generally. Note: expenses are a rounded approximation, as many program expenses span more than one program area.

Program 2
Expenses: $612,112 Revenue: $0

Lever Foundation worked to grow the alternative protein space (plant-based meat, egg and dairy products, and "clean" meat, egg and dairy products that are produced from cellular agriculture or...

Read more

Lever Foundation worked to grow the alternative protein space (plant-based meat, egg and dairy products, and "clean" meat, egg and dairy products that are produced from cellular agriculture or fermentation without the need for live animals) by assisting entrepreneurs with starting companies in the space, helping startups secure investment funding, and directing more investor interest and investment dollars to the alternative protein space. Lever Foundation also worked with major food companies to promote adding more alternative protein options. Lever Foundation focused its efforts on growing the alternative protein space in the greater China region. Because of the nature of this work, it is hard to estimate a specific number of animals that will benefit from work done in this area by Lever Foundation in 2023. Note: expenses are a rounded approximation, as many program expenses span more than one program area.

Program 3
Expenses: $1,253,510 Revenue: $0

Lever Foundation maintains a grant program in which restricted donations made to the Foundation are granted to entities in other countries doing work to advance farm animal welfare. In 2023, a grant...

Read more

Lever Foundation maintains a grant program in which restricted donations made to the Foundation are granted to entities in other countries doing work to advance farm animal welfare. In 2023, a grant was provided to an entity in Ireland that was engaged in farm animal protection and promotion of plant-based eating. This entity's mission and programs share the charitable mission of Lever Foundation of preventing cruelty to animals and promoting humane and sustainable food choices. Note: expenses are a rounded approximation, as many program expenses span more than one program area.

🔒

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 $2,497,302
Program Service Revenue $0
Investment Income $340,112
Other Revenue $0
TOTAL REVENUE $2,837,414

Expense Breakdown

Grants Paid $1,253,510
Salaries & Benefits $0
Fundraising Expenses $12,896
Program Expenses $2,165,622
Other Expenses $933,234
TOTAL EXPENSES $2,186,744

Year-over-Year Comparison

2023 2022 Change
Revenue $2,837,414 $2,532,101 +0.1%
Expenses $2,186,744 $2,198,961 0.0%
Net Income $650,670 $333,140 +1.0%
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
4
Independent Members
3
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kai Yi Carrie Chan Director 1
Director
$0 $0 $0
Nick Cooney Director 20
Officer Director
$0 $0 $0
Brian Ottens Director 1
Director
$0 $0 $0
Yaqi Gao Grover Director 3
Director
$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 $2,837,414 $2,186,744 $2,917,599 $650,670
2022 $2,532,101 $2,198,961 $2,265,330 $333,140
2021 $2,756,541 $2,569,303 $1,934,019 $187,238
2020 $2,811,878 $2,219,001 $1,745,585 $592,877
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LEVER FOUNDATION INC with other nonprofits in Pennsylvania and across the country.