Leverlab Foundation
- Assets
- $18.9m
- Revenue
- $1.8m
- Investments
- $13.9m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 03/2004
- Data as of
- 09/2023
- EIN
- 30-0211587
Organization Overview
Leverlab Foundation is located in Denver, CO. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leverlab Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Leverlab Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $1.5m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Harding President/treasurer | 0 | $0 | |
Vicki Henry V.p./secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $64,634 |
| Dividends & Interest | $501,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,002,615 |
| Capital Gain Net Income | $1,002,615 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $192,474 |
| Total Revenue | $1,760,762 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,774 |
| Taxes | $15,548 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $212,725 |
| Total operating and administrative expenses | $296,518 |
| Contributions, gifts, grants paid | $1,217,454 |
| Total expenses and disbursements | $1,513,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,383 |
| Savings and temporary cash investments | $4,951,457 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,536,199 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,899,780 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,894 |
| Total liabilities | $8,894 |
Grants Awarded
Over the last fiscal year, Leverlab Foundation has awarded $1,064,958 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE HENRY-HARDING FAMILY FUND PURPOSE: GENERAL CONTRIBUTION | $1,056,958 |
COLORADO ARTISTS IN RECOVERY PURPOSE: GENERAL CONTRIBUTION | $8,000 |