Skip to the page content
Your donations
Passes our checks

Leaders Education Foundation Inc

EIN 84-3226843 · Jackson, TN

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceGood82 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

LEADERS EDUCATION FOUNDATION PROVIDES EDUCATIONAL GRANTS, SCHOLARSHIPS, AND RESOURCES TO OUR COMMUNITY THAT SUPPORT LIFELONG LEARNING, WORKFORCE DEVELOPMENT, AND EDUCATION.

Income
$290,216
Spending
$214,729
Spent on programs
86%
Reserves
36.9 months of spending
Largest source of income
donations and private grants, 99%
Employees
0
Volunteers
20

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

Strong: 100 out of 100. Higher than 85% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 36.9 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 26% of income.

  • Income trend

    15 of 15

    Income rose 8% on the year before.

  • Spending floor

    15 of 15

    86% 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

Good: 82 out of 100. Higher than 70% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    9 of 9 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

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave 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 (9)
  1. $25,000 spent. THE FOUNDATION PROVIDED 1ST YEAR COLLEGIATE SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS.
  2. $37,000 spent. THE FOUNDATION PROVIDES LEADS GRANTS DESIGNED TO ASSIST WEST TENNESSEE EDUCATORS WHO PROMOTE INITIATIVES THAT HELP STUDENTS LEARN, EXPERIENCE, ADVOCATE, DREAM, AND SOLVE.
  3. $28,000 spent. LEADERS EDUCATION FOUNDATION WILL AWARD SCHOLARSHIPS UP TO $1,000 TO SUPPORT WEST TENNESSEE STUDENTS WHO ARE ENROLLED IN WORKFORCE READINESS PROGRAMS OR ARE PURSUING INDUSTRY CERTIFICATIONS THROUGH WEST TENNESSEE COMMUNITY COLLEGES, THE TENNESSEE COLLEGE OF APPLIED TECHNOLOGY OR THE WILLIAM R. MOORE COLLEGE OF TECHNOLOGY. THE SCHOLARSHIP FUNDS CAN BE USED FOR TUITION, PURCHASING ASSOCIATED SUPPLIES, BOOKS OR MATERIALS, TESTING FEES OR OTHER RELATED COSTS ASSOCIATED WITH THE PROGRAM OR CERTIFICATION.
  4. $43,500 spent. THE FOUNDATION PROVIDED POST YEAR 1 COLLEGIATE SCHOLARSHIPS TO PREVIOUS SCHOLARSHIP RECIPIENTS.
  5. $98 spent. THE FOUNDATION CONTRIBUTED TOWARDS THE WESTSTAR FUTURE STARS SUMMIT TO PAY THE COST FOR STUDENTS TO ATTEND THIS PROGRAM.
  6. $2,300 spent. THE FOUNDATION CONTRIBUTED TO THE WESTSTAR WESTTEACH PROGRAM TO SPONSOR PROGRAM COSTS.
  7. $20,000 spent. THE FOUNDATION CONTRIBUTED TO THE UNITED WAY READ TEAM OF WEST TENNESSEE. THE READ TEAM ALLOWS VOLUNTEERS TO PARTNER WITH STUDENTS DURING SCHOOL HOURS TO ASSIST STUDENTS WITH READING INITIATIVES FOR ONE HOUR PER WEEK. THE READ TEAM ALSO SUPPORTS THE WORDS ON WHEELS OR WOW WAGON. THE WOW WAGON IS A TRAILER THAT TRAVELS TO NEIGHBORHOODS IN WEST TENNESSEE TO GIVE FREE BOOKS TO CHILDREN.
  8. $6,000 spent. BALLET ARTS GRANT TO FURTHER THEIR EXEMPT MISSION. LEADERS EDUCATION FOUNDATION IS THE SCHOOL PERFORMANCE SPONSOR FOR BALLET ARTS OF JACKSON'S 2024-25 SEASON, ALLOWING HUNDREDS OF MORE CHILDREN FROM SCHOOL DISTRICTS ACROSS WEST TENNESSEE TO EXPERIENCE A LIVE BALLET PERFORMANCE. THIS GRANT PROVIDES FUNDS TO FINANCE PERFORMANCES, COVER THE ADMISSION OF STUDENTS, AND PROVIDE TRANSPORTATION TO ATTEND PERFORMANCES. ADMISSION AND PERFORMANCES WHICH WOULD BE BARRIERS THAT WOULD KEEP STUDENTS FROM ATTENDING A BALLET PERFORMANCE.
  9. $23,366 spent. VARIOUS GRANTS TO OTHER EDUCATIONAL RELATED NONPROFITS TO FURTHER THEIR EXEMPT PURPOSES AND PROVIDE RELATED SCHOLARSHIPS.

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 October 13, 2026.

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

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 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 October 13, 2026.

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

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

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

    Recognized by the IRS since January 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Educational Foundation Inc (Chapel Hill, NC), EIN 56-6058412. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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.