Overview
What is Leadachild Society?
Leadachild Society is a nonprofit organization, headquartered in Olathe, Kansas, with a primary focus on providing scholarship support for Lutheran mission schools worldwide. Spanning over 28 countries in Latin America, Asia, the Caribbean, West Africa, and the Middle East, the organization currently supports over 6,000 children at primary and secondary levels in their education. Their mission involves granting and offering scholarship support to deserving schools globally, thereby contributing to the educational sector on a global scale. With a team of five dedicated individuals, Leadachild Society aims to make quality education accessible to children in need, regardless of their geographical location.
Official website here: www.leadachild
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 61%)
The Leadachild Society currently has a Two-Star rating from Charity Navigator, reflecting a need for improvement in its accountability and finance practices. While the organization does boast a fully independent board and has demonstrated no material diversion of assets, it has significant gaps in critical areas such as conflict of interest and whistleblower policies. The charity's program expense ratio stands at 57.91%, suggesting a moderate level of spending on its core mission, although there is room for enhancement in financial transparency.
Feedback from users indicates a strong commitment to the organization's mission, particularly from board members who volunteer without compensation. A review from a board member highlights the organization’s dedication to improving the lives of children through Christian education and service, showcasing the positive impact on communities. However, this positive sentiment might not overshadow the financial and governance issues identified in the Charity Navigator assessment.
Overall, while Leadachild Society demonstrates a passionate commitment to its mission and has a strong, independent board, the lack of critical policies and transparency could hinder its effectiveness and public trust. Improvements in governance practices and financial reporting would enhance its credibility and potentially lead to better outcomes for the children it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Leadachild Society legitimate?
Leadachild Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadachild Society 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: $90,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.leadachild
What is the mission statement of Leadachild Society?
The Leadachild Society's mission is centered around providing financial aid and scholarships to deserving schools worldwide. This organization strives to support the educational needs of children, particularly in Lutheran mission schools, across various countries including Latin America, Asia, the Caribbean, West Africa, and the Middle East. As of now, over 50 projects in 28 different nations are being funded through this initiative, enabling over 6,000 students at primary and secondary levels to pursue their education.
Official website here: www.leadachild
Who is the CEO of Leadachild Society?
Gregory Sprich is the Executive Director of Leadachild Society.
Official website here: www.leadachild
What is the revenue of Leadachild Society?
Leadachild Society's revenue in 2022 was $469,860.
Official website here: www.leadachild
Who are the executives of Leadachild Society and what are their salaries?
The average compensation at Leadachild Society during 2022 was $18,013. There are 5 employees at Leadachild Society.
Here are 12 key members and their salaries:
- Compensation: $84,240
- Related: $0
- Other: $32,183
- Compensation: $72,800
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- Other: $18,613
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- Other: $0
Official website here: www.leadachild
Where can I find the form 990 for Leadachild Society?
Leadachild Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadachild
Learn more at the official website: www.leadachild
Mission Statement of Leadachild Society
Leadachild Society, a nonprofit organization, is dedicated to providing grant and scholarship support to deserving schools worldwide. Its mission is to extend financial aid to Lutheran mission schools in various countries, including Latin America, Asia, the Caribbean, West Africa, and the Middle East. As of now, the society is actively involved in over 50 projects in 28 nations, helping over 6,000 children of primary and secondary school levels in their education. By offering this support, Leadachild Society contributes significantly to the pursuit of knowledge and better opportunities for children across the globe.
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Impact
July, 2024
Leadachild Society's impact lies in providing grants and scholarship support to deserving schools all across the world. Specifically, the organization focuses on offering scholarship support for Lutheran mission schools in various countries. With over 50 projects in 28 countries across Latin America, Asia, the Caribbean, West Africa, and the Middle East, Leadachild Society is currently supporting over 6,000 children at the primary and secondary levels in their education. Through this program, the organization is making a significant difference by enabling children to access quality education and pursue brighter futures.
This information is meant to be a general summary of Leadachild Society. 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: $45,867
- Program Service Revenue: $34,259
- Gross Receipts: $469,860
Assets and Liabilities:
- Total Assets: $1,445,325
- Total Liabilities: $17,927
- Net Assets: $1,427,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DESIGNATED DONATIONS
Revenue
$17,201
MISCELLANEOUS OTHER INCOME
Revenue
$17,058
Organization Details
Founding Year
1968
Phone
(314) 846-8454Principal Officer
Gregory Sprich
Main Address
13145 SOUTH BLACKBOB ROAD, OLATHE, KS, 66062
Website
www.leadachildNTEE Category
Code: B90 - Education
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