Overview
What is Leadership Foundations?
Leadership Foundations is a nonprofit organization located at 902 Market Street A, Tacoma, WA 98402. Their primary mission is to support the International Network of Local Leadership Foundations, fostering relationships, readiness, and providing resources. Their goal is to develop, strengthen, and sustain local leadership foundations to contribute to the social and spiritual renewal of their respective cities. With a team of 12 dedicated individuals, they aim to foster growth and strengthen these foundations, ultimately promoting positive change in their communities.
Official website here: www.leadershipfoundations.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating.
Leadership Foundations has received a mixed evaluation with a 71% rating from Charity Navigator, reflecting both its strengths and weaknesses in accountability and financial health. The organization boasts a strong culture and community score of 98, indicating robust engagement and a positive internal environment. A significant highlight is the 100% independence of its board members, along with a solid program expense ratio of 78.69%, which suggests that the majority of funds are directed toward its programs.
However, there are notable limitations in the financial oversight area, specifically concerning the lack of a whistleblower policy and document retention guidelines, which have impacted its overall accountability score. The organization's liabilities to assets ratio is concerning at 93.58%, pointing to potential financial vulnerability. Additionally, the working capital ratio of 0.01 years raises flags about short-term financial stability.
User feedback from Great Nonprofits reflects a positive experience, with a review praising the organization's mission and the dedication of its team. This highlights a strong partnership and community engagement aspect, showcasing the effectiveness and impact of their work. While the organization shows promise in its mission and culture, addressing financial governance issues will be crucial for improving its overall rating and sustainability.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Leadership Foundations?
100% of 8 reviewers on Facebook recommend Leadership Foundations. Here is a summary of their reviews:
Supporters express deep admiration for the values and mission of this nonprofit, highlighting its positive impact within the community. Many appreciate the foundation’s dedication to leadership development and community engagement, indicating that it plays a vital role in uplifting local residents.
Overall, individuals feel strongly about the organization, remarking on its effective initiatives and commitment to fostering growth and opportunities. The overwhelming sentiment points to a robust satisfaction with the foundation's services and its alignment with community needs.
This AI summary has been generated from reviews found on Facebook.
Is Leadership Foundations legitimate?
Leadership Foundations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Foundations 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: $191,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $656,484
For more financial information, click here
Official website here: www.leadershipfoundations.org
What is the mission statement of Leadership Foundations?
Leadership Foundations' mission is centered around developing, strengthening, and sustaining local leadership foundations. The primary objective is to facilitate the social and spiritual renewal of cities. Their mission involves providing membership services to an international network of local leadership foundations, ensuring relationships, readiness, and resources are readily available.
Official website here: www.leadershipfoundations.org
Who is the CEO of Leadership Foundations?
Larry B Lloyd is the Director of Leadership Foundations. The CEO's salary of Leadership Foundations is $113,857 and their total compensation is $134,301.
Official website here: www.leadershipfoundations.org
What is the revenue of Leadership Foundations?
Leadership Foundations's revenue in 2022 was $2,416,458.
Official website here: www.leadershipfoundations.org
Who are the executives of Leadership Foundations and what are their salaries?
The average compensation at Leadership Foundations during 2022 was $70,670. There are 12 employees at Leadership Foundations.
Here are 24 key members and their salaries (Leadership Foundations's CEO's salary is $113,857 and their total compensation is $134,301):
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Official website here: www.leadershipfoundations.org
Where can I find the form 990 for Leadership Foundations?
Leadership Foundations's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadershipfoundations.org
Learn more at the official website: www.leadershipfoundations.org
Mission Statement of Leadership Foundations
Leadership Foundations, a nonprofit organization, is dedicated to an essential mission. Their goal is to foster, strengthen, and sustain local leadership foundations within cities, aiming for social and spiritual renewal. By providing membership services to an international network of similar organizations, Leadership Foundations establishes relationships, readiness, and resources to support their mission. Their work is centered on empowering local leaders to contribute positively to their communities, ultimately promoting overall improvement and transformation.
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Impact
October, 2024
Leadership Foundations has a profound impact on urban communities by fostering local leadership that drives social and spiritual renewal. By developing, strengthening, and sustaining local leadership foundations, they provide essential support and resources for city leaders. This membership network emphasizes the importance of relationships and preparedness, enabling local leaders to effectively address the unique challenges faced by their communities.
Through tailored member services, Leadership Foundations equips leaders with the tools they need to improve their cities, fostering resilience and innovation. Their commitment to community improvement helps create vibrant, interconnected neighborhoods, ultimately benefiting the broader society. The focus on local engagement ensures that initiatives are relevant and effective, empowering residents to take an active role in shaping their environment.
This information is meant to be a general summary of Leadership Foundations. 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: $37
- Gross Receipts: $2,416,458
Assets and Liabilities:
- Total Assets: $706,046
- Total Liabilities: $660,782
- Net Assets: $45,264
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Organization Details
Founding Year
1993
Phone
(253) 292-5991Principal Officer
Larry B Lloyd
Main Address
902 MARKET ST A, TACOMA, WA, 98402
NTEE Category
Code: S20 - Community improvement
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