Overview
What is Leo Inc?
Leo Inc is a nonprofit organization based in Lynn, Massachusetts. They provide early childhood development services, specifically offering Head Start programs for children aged 3-5 at three preschool sites and Early Head Start for infants and toddlers aged 6 weeks-3 years, with an additional home-based component. Their mission is to alleviate the immediate impact of poverty and offer pathways to financial stability for individuals and families. Leo Inc's comprehensive programs include a school readiness curriculum, nutritional and wellness goals, health assessments, and behavioral and mental health support. With a workforce of 149 employees, Leo Inc aims to strengthen the Lynn community by providing valuable resources and opportunities for children, families, and individuals to thrive.
Official website here: www.leoinc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Leo Inc has achieved an impressive 96% score from Charity Navigator, indicating strong accountability and financial health. This score is solely derived from their accountability and finance metrics, with all aspects evaluated receiving top marks. The organization boasts a fully independent board of directors, ensuring that governance practices are robust and free from conflicts of interest.
The financial oversight of Leo Inc is particularly noteworthy, with no material diversions of assets reported and a high program expense ratio of 87.09%. This suggests that a substantial majority of their funds are directed toward their mission-related programs, which is a critical factor for potential donors looking for effective impact. Additionally, their transparency practices, such as having a whistleblower policy and documented board meeting minutes, reflect a commitment to ethical operation.
While the data provided showcases numerous strengths, potential donors may still want to consider the specific programs and outcomes of Leo Inc to fully assess the organization's impact in its area of focus. Overall, Leo Inc demonstrates a solid foundation of financial responsibility and governance that can inspire confidence among its supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Leo Inc?
100% of 14 reviewers on Facebook recommend Leo Inc. Here is a summary of their reviews:
Many users highlight the positive work environment at Leo Head Start, emphasizing the commitment of the staff and teachers to provide high-quality care for children and their families. The supportive atmosphere is frequently noted, with reviewers expressing appreciation for the teamwork and collaboration among employees.
Overall, the strong sentiment reflects a deep satisfaction with the services provided and indicates that Leo Inc. effectively fulfills its mission to care for children and support their families. The dedication to both the community and the employees is a recurring theme in the feedback.
This AI summary has been generated from reviews found on Facebook.
Is Leo Inc legitimate?
Leo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leo Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $316,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,580,636
For more financial information, click here
Official website here: www.leoinc.org
What is the mission statement of Leo Inc?
Leo Inc is a non-profit organization with a mission to enhance the well-being of individuals and families by providing essential resources and services that foster opportunities for growth and self-sufficiency. The organization's primary focus lies in supporting children, families, and individuals, with a comprehensive approach that encompasses early childhood development, nutrition, health assessments, behavioral and mental health support, and educational programming. Through its various programs and initiatives, Leo Inc aims to promote financial stability and contribute to the overall betterment of the community. In the past year, over 400 children benefited from Leo Inc's programs, which are based on a school readiness curriculum and include early Head Start and Head Start services.
Official website here: www.leoinc.org
Who is the CEO of Leo Inc?
Kara Murphy is the President of Leo Inc. The CEO's salary of Leo Inc is $170,168 and their total compensation is $201,699.
Official website here: www.leoinc.org
What is the revenue of Leo Inc?
Leo Inc's revenue in 2022 was $18,267,764.
Official website here: www.leoinc.org
Who are the executives of Leo Inc and what are their salaries?
The average compensation at Leo Inc during 2022 was $39,575. There are 149 employees and 363 volunteers at Leo Inc.
Here are 23 key members and their salaries (Leo Inc's CEO's salary is $170,168 and their total compensation is $201,699):
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- Compensation: $170,168
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- Other: $26,160
Official website here: www.leoinc.org
Where can I find the form 990 for Leo Inc?
Leo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leoinc.org
Learn more at the official website: www.leoinc.org
Mission Statement of Leo Inc
Leo Inc, a nonprofit organization, strives to alleviate the immediate impact of poverty and offers pathways to financial stability for individuals and families within their community. With a mission to strengthen the greater community, Leo Inc provides opportunities for children, families, and individuals to thrive.
Leo Inc's comprehensive approach to community development includes early childhood development services. These services cater to children aged three to five through Head Start programs at three preschool sites and to infants and toddlers aged six weeks to three years through Early Head Start at an additional site. The Early Head Start program extends its support to women who are pregnant, up to and beyond delivery. Recently, Leo Inc had 403 children enrolled in its programs, which are based on a comprehensive school readiness curriculum, nutritional and wellness goals, health assessments, and behavioral and mental health support.
In simple terms, Leo Inc aims to empower individuals and families to overcome poverty and build a better future. Their early childhood development services lay the foundation for a strong community by focusing on the needs of its youngest members. Through a variety of programs, they provide essential resources and support to ensure that children are prepared for success in school and beyond.
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Impact
October, 2024
Leo Inc plays a vital role in alleviating poverty and promoting financial stability for individuals and families in the Lynn area and its surroundings. By offering early childhood development services such as Head Start and Early Head Start programs, Leo Inc supports the growth and well-being of children from infancy through age five. In the past year, the organization has successfully enrolled 403 children, delivering a comprehensive curriculum that emphasizes school readiness, nutrition, wellness, and mental health support.
Additionally, their programs are designed to empower families by providing essential resources and services that create pathways for success. By targeting the early stages of development and addressing the specific needs of both children and pregnant women, Leo Inc not only impacts individual lives but also strengthens the broader Lynn community. This holistic approach fosters a more resilient population capable of thriving and contributing positively to the community's overall well-being.
This information is meant to be a general summary of Leo Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,574
- Program Service Revenue: $8,470
- Gross Receipts: $18,267,764
Assets and Liabilities:
- Total Assets: $14,326,514
- Total Liabilities: $1,740,517
- Net Assets: $12,585,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT AND OTHER PROGRAM
Revenue
$8,470
Organization Details
Founding Year
1964
Phone
(781) 581-7220Principal Officer
Kara Murphy
Main Address
PO BOX 711, LYNN, MA, 01903
Website
www.leoinc.orgNTEE Category
Code: P400 - Human services
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