Leeway Foundation Inc
- Assets
- $50.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 38-3529035
Organization Overview
Leeway Foundation Inc is located in Southfield, MI. The organization was established in 2000. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leeway Foundation Inc 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 12/2023, Leeway Foundation Inc generated $625.0 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 (57.4%) each year. All expenses for the organization totaled $11.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY HEALTH FAIRS AND DOCUMENTARY ON HISTORY OF AFRICAN AMERICAN PIONEERS IN MEDICINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Christie Lee Chairman | 25 | $0 | |
Ike Engelbaum Director | 1 | $0 | |
Theresa Burch Director | 1 | $0 | |
Richard Brown Director | 1 | $0 | |
Tracey Lee Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $525 |
| Total Revenue | $625 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,172 |
| Total expenses | $11,772 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,548 |
| Other assets | $0 |
| Total assets | $50,911 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,911 |