Overview
What is Leaders In Training?
Leaders In Training is a nonprofit organization situated in Las Vegas, Nevada, with a mission to provide an equitable opportunity for youth from modest backgrounds who aspire to be the first in their families to earn a college degree. With a team of eight dedicated individuals, this organization seeks to empower these young leaders to excel in post-secondary education and become influential figures within their communities. The organization's activities and mission focus on ensuring that these individuals have access to higher education and the skills needed to make a positive impact in their communities.
Official website here: www.litlv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Leaders In Training earned a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. Its strengths include a high score for having an entirely independent board and a strong program expense ratio of 82.92%, indicating that a significant portion of its resources is directed toward its mission-related activities. Additionally, the charity has no material diversion of assets, which is a positive sign of financial integrity.
Despite its strengths, the organization has notable limitations, particularly in areas related to governance policies. The absence of a whistleblower policy and protocols for document retention and destruction could be seen as weaknesses in its governance practices. These gaps may raise concerns about transparency and ethical oversight, which are crucial for maintaining trust among donors and stakeholders.
Furthermore, while the charity has a respectable impact measurement score of 68, it indicates potential room for improvement in evaluating and communicating the effectiveness of its programs. Leaders In Training utilizes program results to inform future work, which shows some commitment to continuous improvement, but enhancing measurement practices could further amplify their impact.
This AI summary has been generated from information found on Charity Navigator.
Is Leaders In Training legitimate?
Leaders In Training is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leaders In Training 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:
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Other Salaries and Wages: $260,115
For more financial information, click here
Official website here: www.litlv.org
What is the mission statement of Leaders In Training?
Leaders In Training is committed to ensuring that Nevada youth from humble backgrounds, who would be the first in their families to graduate from college, have an equitable opportunity to pursue a post-secondary education if they choose. This organization aims to empower these young individuals to become leaders within their own communities. By providing equal opportunities, Leaders In Training seeks to foster the development of future community leaders. The primary goal is to break the cycle of limited education and financial hardship, allowing these youth to elevate themselves and their communities.
Official website here: www.litlv.org
Who is the CEO of Leaders In Training?
Marguerite Panetta Gray is the President of Leaders In Training.
Official website here: www.litlv.org
What is the revenue of Leaders In Training?
Leaders In Training's revenue in 2023 was $491,633.
Official website here: www.litlv.org
Who are the executives of Leaders In Training and what are their salaries?
The average compensation at Leaders In Training during 2023 was $32,514. There are 8 employees and 75 volunteers at Leaders In Training.
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Official website here: www.litlv.org
Where can I find the form 990 for Leaders In Training?
Leaders In Training's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.litlv.org
Learn more at the official website: www.litlv.org
Mission Statement of Leaders In Training
Leaders In Training is an organization that aims to provide an equitable opportunity for Nevada youth from humble backgrounds who wish to be the first in their families to graduate from college. This nonprofit's mission is to empower these young individuals to not only achieve a post-secondary education but also become leaders within their own communities. By doing so, Leaders In Training strives to break the cycle of poverty and pave the way for a brighter future for these young leaders and their communities.
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Impact
July, 2024
Leaders In Training is dedicated to ensuring that Nevada youth from humble beginnings, who would be the first in their family to graduate from college, have an equitable opportunity to achieve a postsecondary education if they choose and become leaders of their own communities. Through its programs and initiatives, Leaders In Training is making a profound impact by empowering these youth to break barriers, pursue higher education, and ultimately become future leaders who can positively influence their communities.
This information is meant to be a general summary of Leaders In Training. 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: $266
- Gross Receipts: $491,633
Assets and Liabilities:
- Total Assets: $269,982
- Total Liabilities: $1,860
- Net Assets: $268,122
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Organization Details
Founding Year
2012
Phone
(702) 449-0703Principal Officer
Marguerite Panetta Gray
Main Address
900 N LAMB BLVD STE 130, LAS VEGAS, NV, 89110
Website
www.litlv.orgNTEE Category
Code: B90 - Education
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