The Reed J Levecke Foundation is a 501(c)(3) organization based in Irvine, California, registered in 1994, with $2,424,356 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$2.4M
▲ 492.6% vs prior year
Expenses (FY2024)
$7.6M
Net assets
$13.8M
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 The Reed J Levecke 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 The Reed J Levecke Foundation: 22 mo reserves · -215% margin earns a F 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 The Reed J Levecke 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 The Reed J Levecke Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2.2M (FY2013) to $2.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-214.8%
Spent more than it raised in the latest fiscal year.
Total assets
$13.8M
Total liabilities
$0
Net assets
$13.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,424,356▲493% | $7,632,346▲376% | $13,842,609▼26.0% | $13,842,609▼26.0% | 990PF |
| 2023 | $409,094▼34.8% | $1,603,009▼13.9% | $18,697,911▲1.5% | $18,697,911▲1.5% | 990PF |
| 2022 | $627,666▼68.2% | $1,861,371▼7.8% | $18,425,564▼18.8% | $18,425,564▼18.8% | 990PF |
| 2021 | $1,971,765▲680% | $2,017,980▲46.7% | $22,696,705▲3.0% | $22,696,705▲3.0% | 990PF |
| 2020 | $252,772▼70.3% | $1,375,247▼30.6% | $22,042,914▼1.2% | $22,042,914▼1.2% | 990PF |
| 2019 | $850,181▼21.4% | $1,981,250▲26.4% | $22,303,030▲2.1% | $22,303,030▲2.1% | 990PF |
| 2018 | $1,081,128▼17.5% | $1,567,272▲7.9% | $21,835,056▼7.7% | $21,835,056▼7.7% | 990PF |
| 2017 | $1,310,124▲88.5% | $1,451,980▼1.0% | $23,650,741▲1.7% | $23,650,741▲1.7% | 990PF |
| 2016 | $694,862▼46.0% | $1,466,919▲8.6% | $23,265,216▲1.3% | $23,265,216▲1.3% | 990PF |
| 2015 | $1,287,681▼16.9% | $1,350,258▲15.7% | $22,959,510▼1.8% | $22,959,510▼1.8% | 990PF |
| 2014 | $1,549,491▼29.2% | $1,166,551▼6.9% | $23,373,580▲4.4% | $23,373,580▲4.4% | 990PF |
| 2013 | $2,188,852 | $1,253,251▲16.7% | $22,383,460▼1.5% | $22,383,460▼1.5% | 990PF |
| 2012 | — | $1,073,758▲113% | $22,725,205▲5.8% | $22,725,205▲5.8% | 990PF |
| 2011 | — | $503,194▲221% | $21,474,940▲1.1% | $21,474,940▲1.1% | 990PF |
| 2010 | — | $156,615 | $21,231,808 | $21,231,808 | 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 The Reed J Levecke Foundation (EIN 33-0605566) 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.