George F & Mary L Leone Foundation is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1978, with $155,806 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$156K
▲ 29.1% vs prior year
Expenses (FY2024)
$209K
Net assets
$3.0M
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 George F & Mary L Leone 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 George F & Mary L Leone Foundation: 171 mo reserves · -34% 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 George F & Mary L Leone 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 George F & Mary L Leone Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $68K (FY2016) to $156K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-33.9%
Spent more than it raised in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$0
Net assets
$3.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $155,806▲29.1% | $208,658▲63.4% | $2,971,891▼1.7% | $2,971,891▼1.7% | 990PF |
| 2023 | $120,722▲39.4% | $127,719▼58.0% | $3,024,743▲126% | $3,024,743▲126% | 990PF |
| 2022 | $86,589▲0.2% | $303,955▲58.5% | $1,337,595▲16.8% | $1,337,595▲16.8% | 990PF |
| 2021 | $86,416▲2.7% | $191,711▲174% | $1,145,571▲55.2% | $1,145,571▲55.2% | 990PF |
| 2020 | $84,142▲5.3% | $70,000▼46.4% | $738,016▲2.0% | $738,016▲2.0% | 990PF |
| 2019 | $79,898▲7.2% | $130,665▲23.7% | $723,874▼73.7% | $723,874▼69.5% | 990PF |
| 2018 | $74,548▼56.3% | $105,650▲19872% | $2,752,750▲201% | $2,369,612▲162% | 990PF |
| 2017 | $170,484▲149% | $529▼78.0% | $913,328▲9.6% | $903,308▲9.7% | 990PF |
| 2016 | $68,342 | $2,404 | $833,373 | $823,353 | 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 George F & Mary L Leone Foundation (EIN 75-1574708) 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.