Tom & Frances Leach Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Tom & Frances Leach Foundation Inc is a 501(c)(3) organization based in Bismarck, North Dakota, registered in 1958, with $4,135,472 in FY2024 revenue. CharityIndex grades it B.
425 N 5th St Ste 308, Bismarck, ND, 58501 EIN 45-6012703 Since 1958
Revenue (FY2024)
$4.1M
▲ 45.4% vs prior year
Expenses (FY2024)
$2.5M
Net assets
$24.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Tom & Frances Leach Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating117 mo reserves · +39% margin
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 Tom & Frances Leach Foundation Inc: 117 mo reserves · +39% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Tom & Frances Leach Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Tom & Frances Leach Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 425 N 5th St Ste 308, Bismarck, ND, 58501
- City
- Bismarck
- State
- North Dakota
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.6M (FY2013) to $4.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,174Net assets $24.5M
Operating margin
39.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24.5M
Total liabilities
$1,174
Net assets
$24.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,135,472▲45.4% | $2,511,698▲34.4% | $24,454,031▲7.1% | $24,455,205▲7.1% | 990PF |
| 2023 | $2,843,922▲10.0% | $1,869,068▼1.9% | $22,830,257▲4.5% | $22,831,072▲4.5% | 990PF |
| 2022 | $2,586,163▼35.3% | $1,905,262▼2.8% | $21,855,403▲3.2% | $21,856,371▲3.2% | 990PF |
| 2021 | $3,997,994▲289% | $1,961,111▲28.3% | $21,174,502▲10.6% | $21,175,748▲10.6% | 990PF |
| 2020 | $1,028,128▼54.9% | $1,528,523▼8.3% | $19,137,619▼2.5% | $19,139,057▼2.5% | 990PF |
| 2019 | $2,281,454▲9.3% | $1,667,119▲6.6% | $19,638,014▲3.2% | $19,639,022▲3.2% | 990PF |
| 2018 | $2,087,738▲36.4% | $1,564,327▲16.5% | $19,023,679▲2.8% | $19,024,697▲2.8% | 990PF |
| 2017 | $1,530,555▼63.5% | $1,343,237▲17.6% | $18,500,268▲1.0% | $18,500,970▲1.0% | 990PF |
| 2016 | $4,197,308▲82.7% | $1,142,435▲13.2% | $18,312,950▲20.0% | $18,313,426▲20.0% | 990PF |
| 2015 | $2,296,994▲79.8% | $1,009,002▼4.9% | $15,258,077▲9.2% | $15,258,860▲9.2% | 990PF |
| 2014 | $1,277,346▼22.0% | $1,060,830▲14.2% | $13,970,085▲1.6% | $13,970,823▲1.6% | 990PF |
| 2013 | $1,638,211 | $929,220▲32.0% | $13,753,569▲5.4% | $13,754,380▲5.4% | 990PF |
| 2012 | — | $704,027▼6.5% | $13,044,578▲2.3% | $13,045,110▲2.3% | 990PF |
| 2011 | — | $753,365▲25.8% | $12,748,120▲0.4% | $12,748,120▲0.4% | 990PF |
| 2010 | — | $598,820 | $12,695,948 | $12,696,213 | 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.
Frequently asked questions
- Is Tom & Frances Leach Foundation Inc a legitimate nonprofit?
- Yes. Tom & Frances Leach Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-6012703, based in Bismarck, North Dakota. Donations are tax-deductible.
- What is Tom & Frances Leach Foundation Inc's EIN?
- Tom & Frances Leach Foundation Inc's Employer Identification Number (EIN) is 45-6012703.
- How much revenue does Tom & Frances Leach Foundation Inc report?
- Tom & Frances Leach Foundation Inc reported $4,135,472 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tom & Frances Leach Foundation Inc have?
- CharityIndex grades Tom & Frances Leach Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Tom & Frances Leach Foundation Inc (EIN 45-6012703) 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.