Overview
What is Institute For Leadership Education Adva?
The Institute for Leadership Education Adva, established in 1995, is a community-based nonprofit organization located in Bryn Mawr, Pennsylvania. Its primary mission is to enhance the lives of underserved communities in Southeastern Pennsylvania by addressing the primary barriers impeding adult learners from pursuing education, workforce skills, and economic opportunities. These barriers include time, cost, lack of preparedness, and unfamiliarity with education and workforce development systems. The organization primarily assists low-income women of color between the ages of 25 and 50, many of whom have children at home. Since its inception, I-LEAD has helped over 1,400 nontraditional adult learners earn workforce competencies aligned with higher education credentials, thereby improving their economic opportunities. In addition to its primary focus, I-LEAD collaborates with local partners to develop strategies to overcome career development and higher education attachment barriers for system-involved youth. In Pennsylvania, approximately 1,100 youth age out of the foster care system annually, often leaving with few financial resources, limited educational achievements, and subsequently, limited employment opportunities. I-LEAD works intensively to empower these individuals, addressing challenges such as unplanned pregnancy, involvement with the judicial system, homelessness, and addiction. The organization's efforts aim to help these individuals secure employment and stabilize their lives, ultimately contributing to the improvement of their local communities.
Official website here: www.i-leadusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Institute for Leadership Education Advancement has received a high rating of 96% from Charity Navigator, reflecting strong performance in accountability and finance. This score is entirely derived from a single beacon focusing on financial practices, indicating a commitment to transparency and responsible financial management.
The organization demonstrates significant strengths, including a fully independent board and robust financial oversight mechanisms. With 80% of its board members being independent, it showcases effective governance, and the absence of material asset diversion further underscores its integrity. Additionally, the organization maintains excellent financial ratios, with a program expense ratio of 88.01%, signifying that a majority of its funds are directed towards its programs.
While the data highlights substantial strengths, it does not mention specific program outcomes or stakeholder feedback, which could provide further insight into the effectiveness of its initiatives. Overall, the Institute for Leadership Education Advancement appears to be a well-managed nonprofit focused on accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Leadership Education Adva legitimate?
Institute For Leadership Education Adva is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Leadership Education Adva 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: $551,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $473,837
For more financial information, click here
Official website here: www.i-leadusa.org
What is the mission statement of Institute For Leadership Education Adva?
The Institute for Leadership Education Adva is a community-based non-profit organization with a mission to enhance local quality of life by empowering citizens to become effective community leaders. Since its establishment in 1995, it has served as a pioneering force in improving economic equity in underserved communities in southeastern Pennsylvania. The organization primarily assists low-income clients, particularly women of color between the ages of 25 and 50 with children at home, in overcoming the primary barriers to education, workforce skills, and economic opportunities. These barriers include time, cost, preparedness, and unfamiliarity with education and workforce development systems. Since its inception, I-LEAD has helped over 1,400 non-traditional adult learners earn workforce competencies aligned with higher education credentials, leading to improved economic opportunities. Additionally, I-LEAD collaborates with local partners to develop strategies to overcome the barriers to career development and higher education attachment confronting system-involved youth, who often face challenges upon leaving the foster care system.
Official website here: www.i-leadusa.org
Who is the CEO of Institute For Leadership Education Adva?
David Castro is the President & Ceo of Institute For Leadership Education Adva. The CEO's salary of Institute For Leadership Education Adva is $209,000 and their total compensation is $241,617.
Official website here: www.i-leadusa.org
What is the revenue of Institute For Leadership Education Adva?
Institute For Leadership Education Adva's revenue in 2022 was $1,934,098.
Official website here: www.i-leadusa.org
Who are the executives of Institute For Leadership Education Adva and what are their salaries?
The average compensation at Institute For Leadership Education Adva during 2022 was $21,357. There are 48 employees at Institute For Leadership Education Adva.
Here are 7 key members and their salaries (Institute For Leadership Education Adva's CEO's salary is $209,000 and their total compensation is $241,617):
- Compensation: $209,000
- Related: $0
- Other: $32,617
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $172,470
- Related: $0
- Other: $22,992
- Compensation: $120,825
- Related: $0
- Other: $0
Official website here: www.i-leadusa.org
Where can I find the form 990 for Institute For Leadership Education Adva?
Institute For Leadership Education Adva's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.i-leadusa.org
Learn more at the official website: www.i-leadusa.org
Mission Statement of Institute For Leadership Education Adva
The Institute for Leadership Education Adva, established in 1995, is a community-based non-profit school committed to enhancing local quality of life by empowering citizens to become effective community leaders. Its mission is to help low-income individuals, particularly women of color between the ages of 25 and 50 with children at home, overcome primary barriers to education, workforce skills, and economic opportunity: time, cost, preparedness, and lack of familiarity with education and workforce development systems.
Since its inception, the Institute for Leadership Education Adva has assisted over 1,400 non-traditional adult learners in earning workforce competencies aligned with higher education credentials, leading to improved economic opportunities. The organization's efforts extend beyond individual clients, as it collaborates with local partners to address barriers to career development and higher education attachment confronting system-involved youth. In Pennsylvania, approximately 1,100 youth age out of the foster care system annually, often leaving with few financial resources, limited educational achievement, and consequently, limited employment opportunities. The Institute for Leadership Education Adva works intently to equip these youth with the necessary skills and resources to overcome these challenges and transition successfully into adulthood.
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Impact
October, 2024
The Institute For Leadership Education Adva (I-LEAD) significantly enhances the quality of life and economic equity in underserved communities across Southeastern Pennsylvania. By focusing on empowering low-income individuals, particularly women of color aged 25 to 50, I-LEAD addresses critical barriers to education and workforce development that many face, including time constraints, financial limitations, and unfamiliarity with educational systems.
Since its establishment in 1995, I-LEAD has positively influenced the lives of over 1,400 nontraditional adult learners, equipping them with workforce competencies that align with higher education credentials. This effort not only enhances their economic opportunities but also fosters personal growth and leadership within the community.
Furthermore, I-LEAD's targeted initiatives for system-involved youth, particularly those aging out of foster care, play a crucial role in addressing the challenges faced by this vulnerable population. With approximately 1,100 youth leaving the foster care system annually in Pennsylvania, I-LEAD collaborates with local partners to create opportunities that help these young individuals overcome barriers to education and meaningful employment. This proactive approach aims to reduce the high rates of unemployment and the recurring challenges that many of these youths face, such as homelessness and lack of support.
In summary, I-LEAD cultivates effective community leaders and promotes economic equity, making a lasting impact on individuals and the broader community.
This information is meant to be a general summary of Institute For Leadership Education Adva. 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: $11,414
- Program Service Revenue: $1,715,596
- Gross Receipts: $1,941,917
Assets and Liabilities:
- Total Assets: $5,714,064
- Total Liabilities: $374,483
- Net Assets: $5,339,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HIGHER EDUCATIONAL SER
Revenue
$1,121,967
GRANT AND CONTRIBUTION
Revenue
$581,155
BOOK SALES
Revenue
$12,474
Organization Details
Founding Year
1995
Phone
(484) 432-5022Principal Officer
David Castro
Main Address
1122 COUNTY LINE RD, BRYN MAWR, PA, 19010
Website
www.i-leadusa.orgNTEE Category
Code: B99 - Education
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