LEAS FOUNDATION FOR LEUKEMIA RESEARCH Charity Report

Public IRS 990 nonprofit record

LEAS FOUNDATION FOR LEUKEMIA RESEARCH

EIN 06-1520923 · Fund Raising & Fund Distribution - Voluntary Health Associations (G12)

What they do

Leas Foundation Was Established to Fund Research Into The Causes And/or Cures for Leukemia and Its Related Cancers of Lymphoma, Hodgkins Lymphoma, and Multiple Mylemoa. Additionally The Foundation Provides Financial Assistance to Patients Affected By Leukemia and Similar Malignant Blood-related Diseases. The Foundation Further Provides Increased Public Awareness of These Cancers Through Its Participation and Support of Community Health Programs.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.37%of revenue went to mission work93.6% of expenses · Program services

$90.17spent for every $100 of revenueRevenue covered expenses this year.

5.80%of revenue went to management and office costs6.4% of expenses

$9.02in assets for every $1 spent this yearSome assets cannot be spent right away.

15.1%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$230,855

Mission workProgram services$194,78384.37% of revenue93.6% of expenses

ManagementOffice and general costs$13,3835.80% of revenue6.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$22,6899.83% of revenueShown in gray on the chart

Total expenses$208,16690.17% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 90.17% of revenue

2023Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 18.33% of revenue

2022Expense mix: 90.5% mission · 9.5% management · 0.0% fundraisingTotal expenses: 40.01% of revenue

2021Expense mix: 91.0% mission · 9.0% management · 0.0% fundraisingTotal expenses: 125.47% of revenue

2020Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 29.73% of revenue

2019Expense mix: 94.8% mission · 5.2% management · 0.0% fundraisingTotal expenses: 57.49% of revenue

2018Expense mix: 97.9% mission · 2.1% management · 0.0% fundraisingTotal expenses: 125.66% of revenue

2017Expense mix: 96.9% mission · 3.1% management · 0.0% fundraisingTotal expenses: 48.61% of revenue

Money in and money out

Revenue$230,855

Expenses$208,166

Annual surplus $22,689 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$194,783 · 93.6% of expenses

Management and office costs$13,383 · 6.4% of expenses

See all reported dollar amounts

Revenue$230,855

Expenses$208,166

Assets$1,877,295

Income$357,611

Contributions$34,783

Mission work (program services)$194,783

Grants given$794,602

Average grant$49,663

Management and general$13,383

Stocks and bonds$1,408,855

Accounting fees$5,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (24)

LEA BRADLEYSECRETARY

VANN YOUNGDIRECTOR

STEVEN NORRISDIRECTOR

SATYA CHHABRADIRECTOR

RYAN LEICHSENRINGDIRECTOR

ROBERT STORMASSOC DIRECTOR

PENNY WILLSTREASURER

NICHOLAS STAMBOULISDIRECTOR

MORGAN HILLIARDDIRECTOR

MICHAEL GONCALVESDIRECTOR

MARK ESPINOSADIRECTOR

MARIA ECONOMOSDIRECTOR

ANDY KULASDIRECTOR

KRIS YOUNGDIRECTOR

KEVIN BINGHAMDIRECTOR

JASON FRECHETTEDIRECTOR

GEORGE ECONOMOSVICE CHAIRMAN

GARY LAURITOPRESIDENT

DAVID SMITHDIRECTOR

DAVID ARCHILLACHAIRMAN

COREY LAURITODIRECTOR

CARLA ECONOMOSVICE PRESIDENT

BESS ECONOMOSASSOC DIRECTOR

ASHLEY GONCALVESDIRECTOR

About this charity

Recognized since: January 1999
Location: 522 COTTAGE GROVE ROAD BLDG H, BLOOMFIELD, CT 06002
County: Hartford
In care of: Penny Wills
Primary officer: Penny Wills, Treasurer

How to reach them

WebsiteVisit the charity’s website EmailLeas@beconinc.com Phone(860) 243-1428

Filing and classification

Latest tax year: 2024
Tax period began: August 1, 2024
Return type: 990
Tax preparer: HALLISEY & DAGOSTINO LLP
NTEE classification: Fund Raising & Fund Distribution - Voluntary Health Associations (G12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes