Overview
What is Leader Valley Foundation?
The Leader Valley Foundation, situated in Waterloo, Iowa at 360 Westfield Avenue Suite 300A, is a nonprofit organization with a mission to foster leadership skills in Cedar Valley students. They achieve this by leading a business-education partnership. Additionally, they contribute funds to local schools to establish programs aiming to decrease dropout rates and equip students with essential skills for academic success and future endeavors.
Official website here: www.leadervalley.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 67%)
Leader Valley Foundation has earned a Two-Star rating with a score of 67%, indicating that while there are strengths in accountability and finance, there remains room for improvement. The organization boasts a fully independent board, with all members meeting the criteria for independence, which enhances its governance structure. Additionally, it has a robust set of policies in place regarding conflict of interest, whistleblower protections, and document retention, all of which contribute positively to its accountability measures.
However, the organization's program expense ratio stands at 41.01%, which is below the desired threshold, suggesting that a smaller portion of its expenses is allocated directly to its programs. This may raise concerns about the effectiveness and reach of its initiatives. The liabilities to assets ratio of 54.74% points to a significant portion of its assets being tied up in liabilities, indicating potential financial strain. Overall, while Leader Valley Foundation exhibits commendable governance practices, addressing its financial allocation towards programs will be crucial for enhancing its impact and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Leader Valley Foundation legitimate?
Leader Valley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leader Valley Foundation 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: $33,901
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.leadervalley.org
What is the mission statement of Leader Valley Foundation?
The Leader Valley Foundation's mission is to spearhead a business-education partnership with the aim of enhancing the leadership skills of students in a specific region, typically referred to as Cedar Valley. This mission is carried out by funding educational programs within local schools, which are designed to decrease dropout rates and equip students with the necessary skills to excel both academically and in their personal lives. By fostering this partnership, the Leader Valley Foundation contributes to the overall development of young leaders.
Official website here: www.leadervalley.org
Who is the CEO of Leader Valley Foundation?
Katie Hillyer is the President/Ce of Leader Valley Foundation.
Official website here: www.leadervalley.org
What is the revenue of Leader Valley Foundation?
Leader Valley Foundation's revenue in 2023 was $609,521.
Official website here: www.leadervalley.org
Who are the executives of Leader Valley Foundation and what are their salaries?
There 50 volunteers at Leader Valley Foundation.
Here are 25 key members and their salaries:
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Official website here: www.leadervalley.org
Where can I find the form 990 for Leader Valley Foundation?
Leader Valley Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.leadervalley.org
Learn more at the official website: www.leadervalley.org
Mission Statement of Leader Valley Foundation
The Leader Valley Foundation, in its mission, strives to foster a business-education partnership aimed at enhancing the leadership skills of students from Cedar Valley. By leading this partnership, the foundation aims to support local schools in implementing programs that help reduce dropout rates and equip students with the necessary skills to excel in both their academic pursuits and future endeavors. The work of the Leader Valley Foundation is instrumental in empowering Cedar Valley's youth, enabling them to thrive in their educational journey and beyond.
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Impact
July, 2024
Leader Valley Foundation has made a significant impact in the Cedar Valley community by spearheading a business-education partnership focused on developing the leadership skills of local students. By funding programs in area schools designed to reduce dropout rates and equip students with essential skills for success in school and in life, Leader Valley Foundation is actively contributing to the growth and development of Cedar Valley's future leaders.
This information is meant to be a general summary of Leader Valley Foundation. 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 2023.
- Investment Income: $465
- Program Service Revenue: $74,705
- Gross Receipts: $609,521
Assets and Liabilities:
- Total Assets: $690,367
- Total Liabilities: $377,916
- Net Assets: $312,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEADERSHIP ACCELERATORS
Revenue
$74,705
Organization Details
Founding Year
2011
Phone
(319) 232-1156Principal Officer
Katie Hillyer
Main Address
360 WESTFIELD AVENUE SUITE 300A, WATERLOO, IA, 50701
Website
www.leadervalley.orgNTEE Category
Code: S20 - Community improvement
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