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Leeds Foundation Pbc Inc

EIN 45-4440485 · Palm Bch Gdns, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceFair64 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O

Income
$348,181
Spending
$308,933
Spent on programs
100%
Reserves
7.2 months of spending
Largest source of income
donations and private grants, 94%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 55% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    0 of 15

    Income fell 39% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 64 out of 100. Higher than 38% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    25 of 25

    5 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $153,933 spent. 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.
  2. $90,000 spent. 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.
  3. $40,000 spent. 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.
  4. $25,000 spent. TIDAL K-9 IS A SERVICE DOG TRAINING CENTER AND RESCUE LOCATED IN NORTH FORT MYERS, FL. THEIR MISSION IS TO PROVIDE TRAINED SERVICE DOGS FOR INDIVIDUALS WITH DISABILITIES.
  5. THE LEEDS ENDOWMENT, INC. DONATED DIRECTLY TO LOCAL ORGANIZATIONS WHO PROVIDE NEEDED SERVICES TO THE DISABLED. THIS YEAR A DONATION WENT TO THE 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. THEY ALSO DONATED TO TIDAL K9 DOG TRAINING CENTER FOR THE TRAINING OF SUPPORT ANIMALS FOR THE DISABLED. A DONATION WAS ALSO MADE 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, AND CRISTO REY TAMPA WHICH ASSISTS LOW INCOME YOUTH WITH COLLEGE PREP. DONATIONS WERE MADE TO KID SANCUTARY CAMPUS, MUTTY PAWS RESUCE, SEA TURTLE ADVENTURES AND X-PORT PAWS, ALL NON-PROFITS SUPPORTING THE DISABLED.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2015 for not filing returns for three years, and reinstated on May 15, 2015.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2016.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.