LEIGHA GIBSON FOUNDATION INC

🔒

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

2020

Legal Domicile

Phone

8505427953

Tax Period

2024-08-01 to 2025-07-31

LEIGHA GIBSON FOUNDATION INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $118K in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum. Expenses of $102K left a modest 14% surplus.

Mission

THE LEIGHA GIBSON FOUNDATION WILL PROVIDE SUPPORT AND ADVOCATE FOR DISADVANTAGE, DISENFRANCHISED AS WELL AS THOE THAT HAV EBEEN FORGOTTEN THROUGHOUT THE UNITED STATES.

Program Service Accomplishments

Program 1

Expenses: $11,024

PROVIDED DIRECT CHARITABLE ASSISTANCE TO THE COMMUNITY THROUGH HOUSING AID FOR INDIVIDUALS AND FAMILIES IN CRISIS, SUPPORT SERVICES FOR ELDERLY RESIDENTS, AND MEMORIAL ASSISTANCE FOR BEREAVED...

PROVIDED DIRECT CHARITABLE ASSISTANCE TO THE COMMUNITY THROUGH HOUSING AID FOR INDIVIDUALS AND FAMILIES IN CRISIS, SUPPORT SERVICES FOR ELDERLY RESIDENTS, AND MEMORIAL ASSISTANCE FOR BEREAVED FAMILIES, ENSURING BASIC NEEDS AND COMPASSIONATE SUPPORT WERE MET IN ALIGNMENT WITH THE ORGANIZATIONS EXEMPT PURPOSE.

🔒

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 $118,469

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $118,469

Expense Breakdown

Grants Paid $715

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,024

Other Expenses $100,914

TOTAL EXPENSES $101,629

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,469	$55,400	+1.1%
Expenses	$101,629	$56,844	+0.8%
Net Income	$16,840	$-1,444	-12.7%

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

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
TAMMY GIBSON	FOUNDER	Officer Director	$0	$0	$0
DEMETRIUS GIBSON	CO-FOUNDER	Officer Director	$0	$0	$0
TEVIN PADGETT	CEO	Officer	$0	$0	$0
SHERRY PADGETT	MARKETING DIRECTOR	Key Emp	$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
2025	$118,469	$101,629	$17,456	$16,840
2024	$55,400	$56,844	$617	$-1,444