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Filing year 2023

THE L40 FOUNDATION INC

Longwood, Florida·EIN 86-3316706·NTEE N12 · Recreation & Sports·3
Total revenue
$57k
Total assets
$7k
Total expenses
$50k
Reported officers
4
Mission

TO REMOVE SOCIOECONOMIC BARRIERS BETWEEN KIDS AND ATHLETIC ACHIEVEMENT OPPORTUNITIES AND DEVELOPMENT

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations in Florida.

President
Below 10th percentile
$7k
$7k
Secretary
Secretary (Operational)
25th percentile to medianvs Recreation & Sports peers nationwide
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE L40 FOUNDATION INC equaled 13% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
13%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,267 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE L40 FOUNDATION INC

What does the Chief Executive Officer of THE L40 FOUNDATION INC earn?

In 2023, the Chief Executive Officer of THE L40 FOUNDATION INC received $6,579 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Recreation & Sports organizations in Florida: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE L40 FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations in Florida, the 2023 pay of the Chief Executive Officer at THE L40 FOUNDATION INC falls in the bottom 10%. In 2023, the highest total compensation at THE L40 FOUNDATION INC equaled 13% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are THE L40 FOUNDATION INC's revenue and expenses?

In 2023, THE L40 FOUNDATION INC reported $57k in total revenue and $50k in total expenses on its IRS Form 990.

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