Leonardo Academy INC FY2021 filing

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Leonardo Academy provides comprehensive sustainability services that help companies and organizations understand, quantify, manage, and report their overall sustainability including all three legs of sustainability. Leonardo Academy specializes in leed, arc and well consulting, enterprise sustainability, emissions services, land management services, and sustainability training.

78¢ of each $1 spent went to programs.
$104K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $296K a year · 21% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$351K
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+19% vs prior year
Spent
$824K
To programs
78%
Net assets
$278K
By yearFY2020–FY2022
Revenue
$1.2M
FY2021▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$995K
FY2021$1.2M
FY2022$2.0M
Expenses
$824K
FY2021▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2020$970K
FY2021$824K
FY2022$1.5M
Net assets
$278K
FY2021▲ +422%
Tap a bar for its year
Net assets by fiscal year
FY2020−$86K
FY2021$278K
FY2022$967K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2026
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Jul 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $640K Management & general 11% · $90K Fundraising 11% · $95K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$103,624Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretarytreasurer
$0Pt VII · Sec A

Michael Arny’s $25K as President is at the 1st percentile of top reported officer pay among 1851 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Michael Arny$25,171$103,624$88,547

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Leonardo Academy INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Helps businesses understand, manage, and report their sustainability efforts, specializing in green building and emissions.

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1 program · $640K · in their own filed words · FY2021
01

Sustainability services-the sustainable building services program assisted companies persuing their leed certification in future years. Additionally L.A. Performed leed-eb suilding certification application reviews for 194 leed-eb certified buildings.

$640Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$30
Grants paid · 7 grants · $1.3M · 2020–2021
Kraemers North AmericaFY2021$389,548
Independence School DistrictFY2021$172,271
Kramer North AmericaFY2021$105,075
Mfa OilFY2021$52,627
Kraemer North AmericaFY2020$389,548
Independence School DistrictFY2020$172,271
Mfa Oil CompanyFY2020$52,627

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.2M
Money outPt IX
$824K
Ln 25
Programscol B$640K
Managementcol C$90K
Fundraisingcol D$95K
Owns and owesPt X
$278K
net assets · Ln 32
Cash and savingsLn 1–2$269K
Total assetsLn 16$629K
LiabilitiesLn 26$351K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$1.2M
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$208K
SavingsLn 2$61K
Cash and savings togetherLn 1–2$269K
Accounts receivableLn 4$137K
Prepaid expenses and deferred chargesLn 9$11K
Land, buildings, equipmentLn 10c$213K
Total assetsLn 16$629K
LiabilitiesLn 26$351K
Net assetsLn 32$278K
OperationsPt I, VI
EmployeesI 56
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$88K$269K
Land, buildings, equipmentLn 10c$228K$213K
Total assetsLn 16$326K$629K
LiabilitiesLn 26$412K$351K
Net assetsLn 32−$86K$278K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$399K$399K
Pay of current officers, directors and key staffLn 5$104K$83K$16K$5K
Pay of disqualified personsLn 6$11K$11K
Other salaries and wagesLn 7$238K$95K$60K$83K
Pension plan contributionsLn 8$3K$1K$854$793
Management feesLn 11a$935$438$278$219
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$2K$454$151$906
Office expensesLn 13$27K$22K$3K$2K
Information technologyLn 14$6K$3K$2K$568
OccupancyLn 16$5K$5K
TravelLn 17$6K$6K$632
InterestLn 20$3K$3K
InsuranceLn 23$8K$4K$2K$1K
Other expenses (24a–d)Ln 24$9K$8K$1K
Total functional expensesLn 25$824K$640K$90K$95K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Nov 29, 2023 $2.0M$1.5M$498K$967K 990 PDF
FY2021 ViewingFiled with the IRS Nov 29, 2023 $1.2M$824K$364K$278K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $995K$970K$25K−$86K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,188,141 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $657,588$1,188,141
I-9 Program service revenuePrior year $336,980$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $994,568$1,188,141
I-13 Grants and similar amounts paidPrior year $614,446$399,068
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $310,663$356,461
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $44,686$68,424
I-18 Total expensesPrior year $969,795$823,953
I-19 Revenue less expensesPrior year $24,773$364,188
Part VI · Governance 3 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,188,141 across 4 lines filed
VIII-1e Government grants$1,188,030
VIII-1f All other contributions, gifts and grants$111
VIII-1h Total contributions, gifts and grants$1,188,141
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$1,188,141
Part IX · Statement of functional expenses $823,953 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $399,068$399,068
IX-5 Pay of current officers, directors and key staffPrograms $82,899 · Management $15,544 · Fundraising $5,181$103,624
IX-6 Pay of disqualified personsPrograms $11,336$11,336
IX-7 Other salaries and wagesPrograms $95,381 · Management $59,613 · Fundraising $83,458$238,452
IX-8 Pension plan contributionsPrograms $1,402 · Management $854 · Fundraising $793$3,049
IX-11a Management feesPrograms $438 · Management $278 · Fundraising $219$935
IX-11c Accounting feesManagement $1,600$1,600
IX-12 Advertising and promotionPrograms $454 · Management $151 · Fundraising $906$1,511
IX-13 Office expensesPrograms $22,240 · Management $2,798 · Fundraising $2,446$27,484
IX-14 Information technologyPrograms $3,408 · Management $1,704 · Fundraising $568$5,680
IX-16 OccupancyPrograms $5,295$5,295
IX-17 TravelPrograms $5,691 · Management $632$6,323
IX-20 InterestManagement $3,007$3,007
IX-23 InsurancePrograms $4,384 · Management $2,116 · Fundraising $1,058$7,558
IX-24 Other expenses (24a–d)Programs $7,815 · Management $1,216$9,031
IX-25 Total functional expensesPrograms $639,811 · Management $89,513 · Fundraising $94,629$823,953
Part X · Balance sheet $628,719 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $87,950$208,025
X-2 Savings and temporary cash investmentsStart of year $35$60,506
X-4 Accounts receivableStart of year $8,400$136,852
X-9 Prepaid expenses and deferred chargesStart of year $726$10,573
X-10c Land, buildings and equipment, netStart of year $228,420$212,763
X-16 Total assetsStart of year $325,531$628,719
X-17 Accounts payable and accrued expensesStart of year $53,474$32,644
X-19 Deferred revenueStart of year $25,500$15,000
X-22 Loans from officers and insidersStart of year $190,908$190,908
X-25 Other liabilitiesStart of year $66,376$112,236
X-26 Total liabilitiesStart of year $411,788$350,788
X-31 Retained earnings or endowmentStart of year −$86,257$277,931
X-32 Total net assets or fund balancesStart of year −$86,257$277,931
X-33 Total liabilities and net assetsStart of year $325,531$628,719
Part XI · Reconciliation of net assets $277,931 net assets at year end
XI-1 Total revenue$1,188,141
XI-2 Total expenses$823,953
XI-3 Revenue less expenses$364,188
XI-4 Net assets at start of year−$86,257
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$277,931

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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