Delaware · Nonprofit
LEE INC
LEE INC (Delaware) receives grants from 4 organizations whose IRS filings report $1,726,668 to it, the largest being MEMPHIS EDUCATION FUND INC ($1,516,668). 1 of them have funded it in more than one year.
- Revenue FY2024
- $25M
- Funders on record
- 4
- Grants received
- $1.7M
- Net assets
- $-378183
What Lee Inc does
Mission
As a leadership development organization, lee supports leaders to engage civically and increase access and opportunity in their communities
As stated on its FY2024 Form 990.
Program
Leadership development: lee develops lee members to engage civically within their communities and across the nation. Lee is a source of leaders who: 1. Believe deeply in the potential of all children and 2. Work to overcome barriers that limit access and opportunity. Lee strives to inspire our members to work with communities to increase access and opportunity. Lee accomplishes these goals by providing trainings, fellowships, and coaching to support members' civic engagement. A significant portion of those trainings, fellowships and coaching are charitable and educational, as those terms are defined in section 501(c)(3) of the internal revenue code.
$22,338,584 spentof which $1,824,925 as grants$1,207,696 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $22,338,584.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.8M to $8.7M (+132%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 2%. Grants only. Government contracts and fees sit inside program revenue.
95% of LEE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Michael Buman
Executive director
Board chair
Emma Bloomberg
Chair of the board
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $100k → $55k.
Left out of every figure on this page: $121M from one payer (the payer shares this organization's board, largest Lee Foundation for Civic Leadership Inc). These are real filings, and they are not money LEE INC raised.
From the IRS filings of LEE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LEE INC leans on a few funders — its largest provides 88% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LEE INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
LEE INC draws 100% of its grant income from funders outside Delaware, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LEE INC's revenue fell 16% between 2017 and 2024.
this organization peer median middle 50% of peers· 4,064 education nonprofits $10M–$100M, FY2024
Organizations like LEE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Delaware
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 11 states
Part of a family of 14 related entities
- Lee Foundation for Civic Leadership Inc · exempt
- Lee New Jersey PAC · exempt
- Lee - Texas PAC · exempt
- Lee Fund · exempt
- Lee Maryland PAC · exempt
Screen this organization
A dated, signed PDF of the compliance screen for LEE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LEE INC?
- LEE INC (Delaware) receives grants from 4 organizations whose IRS filings report $1,726,668 to it, the largest being MEMPHIS EDUCATION FUND INC ($1,516,668). 1 of them have funded it in more than one year.
- How many funders does LEE INC have?
- IRS filings report 4 organizations giving $1,726,668 in grants to LEE INC, 1 of which have funded it in more than one year.
- Who is the largest funder of LEE INC?
- MEMPHIS EDUCATION FUND INC is the largest funder on record, with $1,516,668 in grants. The full list of funders is on this page.
- How can an organization like LEE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing