Frederick H Leonhardt Foundation is a 501(c)(3) organization based in Albuquerque, New Mexico, registered in 1955, with $483,840 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$484K
▲ 4.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$653K
Net assets
$7.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Frederick H Leonhardt Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frederick H Leonhardt Foundation: 138 mo reserves · -35% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Frederick H Leonhardt Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frederick H Leonhardt Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $3.0M (FY2019) to $484K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-34.9%
Spent more than it raised in the latest fiscal year.
Total assets
$7.5M
Total liabilities
$4,822
Net assets
$7.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $483,840▲4.4% | $652,873▲9.8% | $7,484,362▼2.6% | $7,489,184▼2.6% | 990PF |
| 2023 | $463,599▲42.1% | $594,603▲15.1% | $7,687,540▼1.7% | $7,692,733▼1.7% | 990PF |
| 2022 | $326,251▲5.7% | $516,678▼7.9% | $7,821,544▼2.4% | $7,829,621▼2.4% | 990PF |
| 2021 | $308,656▲121% | $560,891▼17.7% | $8,011,971▼3.1% | $8,019,891▼3.0% | 990PF |
| 2020 | $139,683▼95.3% | $681,614▲29.7% | $8,264,206▼6.2% | $8,270,322▼6.1% | 990PF |
| 2019 | $2,953,049 | $525,679 | $8,806,180 | $8,806,807 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Frederick H Leonhardt Foundation (EIN 13-6123271) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.