Overview
What is Lead Inc?
Lead Inc is a nonprofit organization situated in Atlanta, Georgia, with a strong focus on empowering at-risk youth in the local community. Their mission is to utilize the sport of baseball as an educational tool to help Black boys overcome challenges like crime, poverty, and racism, thereby fostering leadership and community transformation. With a team of 12 dedicated individuals, Lead Inc provides a supportive environment that encourages personal growth and development, contributing positively to the city's future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%
Lead Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With a score of 75%, the organization demonstrates a commitment to transparency, evidenced by its independent board members and adherence to conflict of interest policies.
The charity showcases significant strengths, including a fully independent board and no reported material diversion of assets. Moreover, the organization maintains a healthy liabilities to assets ratio at 22.72%, which suggests effective management of financial resources. The high program expense ratio of over 70% reflects a focus on its core mission and effective allocation of funds towards programs.
However, while the overall rating is commendable, there may be areas for improvement to enhance the financial score. Continued efforts to optimize financial practices and increase efficiency could lead to an even higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lead Inc legitimate?
Lead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,837
For more financial information, click here
What is the mission statement of Lead Inc?
Lead Inc's mission is centered around empowering an at-risk generation, primarily young black boys, to take charge and positively transform their community. They accomplish this by utilizing the sport of baseball as a teaching tool. The three main challenges these boys face are crime, poverty, and racism, which Lead Inc aims to help them overcome. Through baseball, the organization aims to instill resilience, leadership skills, and the confidence necessary to navigate these challenges and succeed in life.
Who is the CEO of Lead Inc?
Kelli Stewart is the Executive Di of Lead Inc.
What is the revenue of Lead Inc?
Lead Inc's revenue in 2022 was $1,809,026.
Who are the executives of Lead Inc and what are their salaries?
The average compensation at Lead Inc during 2022 was $33,486. There are 12 employees and 75 volunteers at Lead Inc.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Lead Inc?
Lead Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lead Inc
Lead Inc, a nonprofit organization, aims to empower an at-risk generation by utilizing the sport of baseball as a teaching tool. Their mission is to help Black boys overcome three significant challenges that may hinder their success: crime, poverty, and racism. By engaging with these young individuals through baseball, Lead Inc hopes to instill in them the necessary skills to navigate these obstacles and ultimately transform their communities. This approach allows Lead Inc to make a profound impact on the lives of these at-risk boys, fostering their leadership potential and enabling them to contribute positively to their cities.
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Impact
July, 2024
Lead Inc's impact can be seen in the positive transformation of at-risk Black boys in Atlanta, Georgia. By using the sport of baseball as a tool, Lead Inc empowers these young individuals to overcome the challenges of crime, poverty, and racism. Through their innovative approach, Lead Inc is not only shaping the lives of these boys but also contributing to the overall improvement of the community by fostering leadership skills and resilience in the face of adversity. Their work is instrumental in creating a more hopeful and promising future for the next generation.
This information is meant to be a general summary of Lead 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: $23
- Program Service Revenue: $37,119
- Gross Receipts: $1,809,026
Assets and Liabilities:
- Total Assets: $782,146
- Total Liabilities: $173,896
- Net Assets: $608,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING EVENTS
Revenue
$37,119
Organization Details
Founding Year
2007
Phone
(404) 662-2538Principal Officer
Kelli Stewart
Main Address
1266 WEST PACES FERRY RD SUITE 429, ATLANTA, GA, 30327
NTEE Category
Code: P20 - Human services
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