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Lead Program In Business

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232139831 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Lead Program In Business?

Lead Program in Business is a nonprofit organization based in Atlanta, Georgia, specifically at 1075 Peachtree St NE. Their primary mission is to enhance higher education access and career preparation by fostering cross-sector collaborations and global partnerships. Their focus is on identifying and nurturing high-potential youth from diverse backgrounds, transforming them into high achievers and responsible leaders. They achieve this through summer university and college programs and institutes, mainly in computer science, engineering, and business. These programs, lasting 2-3 weeks, offer comprehensive exposure to a diverse group of high school students who might not have had such an opportunity before graduating. The organization employs 99 individuals.


Official website here: www.leadprogram.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star rating.

Lead Program In Business has achieved a solid rating of 88%, reflecting strong accountability and financial practices. The organization demonstrates effective oversight with an entirely independent board, contributing to a transparent governance structure. Key strengths include no material diversion of assets, a comprehensive audit, and well-documented financial policies.

However, the organization does have some limitations, notably the absence of a whistleblower policy, which is important for ensuring transparency and protecting individuals who report misconduct. While the overall program expense ratio is commendable at 66.80%, there is still room for improvement in this area to enhance programmatic impact. Overall, the organization presents itself as reliable but should address the whistleblower policy for enhanced accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Lead Program In Business legitimate?

Lead Program In Business is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead Program In Business 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: $257,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,751

For more financial information, click here


Official website here: www.leadprogram.org

What is the mission statement of Lead Program In Business?

The Lead Program in Business aims to tackle the challenges of higher education access and career preparation by fostering cross-sector collaborations and global partnerships. Its focus is on identifying and nurturing high potential youth from diverse backgrounds, transforming them into high achievers and responsible leaders. This is achieved through summer university and college programs and institutions, specifically in computer science, engineering, and business, which provide a comprehensive exposure to these disciplines to a diverse group of high school students who might not have had such an opportunity before graduation.


Official website here: www.leadprogram.org

Who is the CEO of Lead Program In Business?

Lawrence M Drake Ii is the President & Ceo of Lead Program In Business. The CEO's salary of Lead Program In Business is $257,904 and their total compensation is $257,904.


Official website here: www.leadprogram.org

What is the revenue of Lead Program In Business?

Lead Program In Business's revenue in 2022 was $1,480,300.


Official website here: www.leadprogram.org

Who are the executives of Lead Program In Business and what are their salaries?

The average compensation at Lead Program In Business during 2022 was $3,936. There are 99 employees and 2 volunteers at Lead Program In Business.


Here are 6 key members and their salaries (Lead Program In Business's CEO's salary is $257,904 and their total compensation is $257,904):


Lawrence M Drake Ii (President & Ceo)
  • Compensation: $257,904
  • Related: $0
  • Other: $0
Michele Pickett (Key Employee)
  • Compensation: $44,982
  • Related: $0
  • Other: $0
James Pickett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine Coleman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milton Irvine (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Staggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.leadprogram.org

Where can I find the form 990 for Lead Program In Business?

Lead Program In Business's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.leadprogram.org

Learn more at the official website: www.leadprogram.org

Mission Statement of Lead Program In Business

Lead Program In Business, an organization dedicated to its mission, strives to address the challenges of higher education access and career preparation by fostering cross-sector collaborations and global partnerships. Its primary focus is on identifying and nurturing high-potential youth from diverse backgrounds, transforming them into high achievers and responsible leaders.

The organization's mission is accomplished through various summer university and college institutes and programs designed for high school students. These initiatives, held on various college campuses, provide a unique opportunity for students to delve into disciplines such as computer science, engineering, and business. Each program or institute, lasting between two and three weeks, offers a comprehensive exposure, enabling a diverse group of high school students to gain insights in their chosen field, which they may have otherwise missed before graduating from high school.

In summary, Lead Program In Business is a mission-driven organization that aims to bridge the gap between higher education access and career preparation for diverse high-potential youth. Through cross-sector collaborations and global partnerships, it creates opportunities for these students to develop their skills and talents, ultimately transforming them into high achievers and responsible leaders.

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Impact




October, 2024

The Lead Program in Business significantly impacts higher education access and career preparation for high-potential youth from diverse backgrounds. By fostering cross-sector collaborations and global partnerships, the program identifies and nurtures talented individuals who may lack the resources or opportunities to explore their potential.

Through its summer university and college institutes, the program offers invaluable experiences for high school students, exposing them to fields like computer science, engineering, and business. These intensive sessions, held on various college campuses, last two to three weeks and provide comprehensive insights into these disciplines.

Participants gain not only academic knowledge but also essential skills and confidence that equip them for future success. The program’s focus on diversity ensures that students from all backgrounds can develop into responsible leaders, paving the way for a more inclusive and capable workforce. Ultimately, the Lead Program in Business plays a crucial role in transforming lives and communities by breaking down barriers to access and providing essential career preparation resources.




This information is meant to be a general summary of Lead Program In Business. 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.

Revenue
$1,480,300 (2022)
Expenses
$1,373,185 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $490,755
  • Gross Receipts: $1,480,300

Assets and Liabilities:

  • Total Assets: $827,633
  • Total Liabilities: $308,167
  • Net Assets: $519,466

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION FEES

Revenue

$190,376

REEX FEES FOR SERVICE

Revenue

$300,379

Organization Details

Founding Year

1983

Principal Officer

Lawrence M Drake Ii

Main Address

1075 PEACHTREE ST NE, ATLANTA, GA, 30309

NTEE Category

Code: S41Z - Community improvement

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