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Led Better Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462558416 ✦ Alameda, CA ✦ Designated as a 501(c)(3)

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Overview

What is Led Better Inc?

Led Better Inc is a California-based nonprofit organization, specifically located at 1311 PARK ST STE 600, Alameda, CA 94501. With just two dedicated individuals, this nonprofit is committed to supporting educators and community members in fostering high-quality schools and enhancing the quality and equity of existing ones. Their mission encompasses promoting the development of community-based public schools and fostering community engagement. Through their efforts, Led Better Inc aims to contribute positively to the educational landscape and improve learning opportunities for all.


Official website here: www.led-better.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - 74%

Led Better Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. The accountability and finance score also stands at 74%, which suggests that while some organizational practices are commendable, there are critical gaps, particularly concerning financial transparency, as no financial statements were provided.

The organization exhibits some strengths, such as a high program expense ratio of 96.28%, indicating that a substantial portion of its resources is allocated directly to its programs. Additionally, the board structure is notably independent, with 66% of board members being independent, which is a positive factor for governance. Policies concerning conflict of interest, whistleblower protection, and document retention are well established, further contributing to a framework of accountability.

However, the lack of financial statements severely limits the assessment of Led Better Inc's financial health and operational effectiveness. Moreover, the independent board size is limited to only two members, which may affect the diversity of perspectives in governance. These limitations highlight the need for enhanced financial reporting and a more robust board structure to improve overall transparency and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Led Better Inc legitimate?

Led Better Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Led Better Inc 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: $100,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,586

For more financial information, click here


Official website here: www.led-better.org

What is the mission statement of Led Better Inc?

Led Better Inc's mission is centered around supporting the development of top-notch community-based public schools and fostering community engagement. The organization provides assistance to educators and community members, aiding them in the creation of high-quality schools and striving to enhance the quality and equity of existing ones. By doing so, Led Better Inc aims to contribute positively to the educational landscape and engage the community in this process.


Official website here: www.led-better.org

Who is the CEO of Led Better Inc?

Paul Le is the Executive Director of Led Better Inc.


Official website here: www.led-better.org

What is the revenue of Led Better Inc?

Led Better Inc's revenue in 2022 was $563,688.


Official website here: www.led-better.org

Who are the executives of Led Better Inc and what are their salaries?

The average compensation at Led Better Inc during 2022 was $187,550. There are 2 employees at Led Better Inc.


Here are 3 key members and their salaries:


Paul Le (Executive Director)
  • Compensation: $100,513
  • Related: $0
  • Other: $0
Theotis Oliphant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Lopez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.led-better.org

Where can I find the form 990 for Led Better Inc?

Led Better Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.led-better.org

Learn more at the official website: www.led-better.org

Mission Statement of Led Better Inc

Led Better Inc, a nonprofit organization, is committed to supporting the development of high-quality community-based public schools and fostering community engagement. Their mission is to provide assistance to educators and community members in the creation of exceptional schools and the enhancement of the quality and equity of existing ones. Led Better Inc aims to contribute to the betterment of education by offering support in this critical area, ultimately benefiting the community as a whole.

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Impact




July, 2024

Led Better Inc's impact can be seen in the improvement of public schools and community engagement in Alameda, CA. By providing support to educators and community members, the organization is helping in the development of high-quality schools and enhancing the quality and equity of existing ones. This work ultimately contributes to a better educational experience for students and a more engaged community. The organization's focus on education aligns with its mission to support the development of high-quality community-based public schools and community engagement. Led Better Inc is positively impacting the local education system and fostering a sense of community involvement and support.




This information is meant to be a general summary of Led Better Inc. 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.

Revenue
$563,688 (2022)
Expenses
$408,486 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $462,795
  • Gross Receipts: $563,688

Assets and Liabilities:

  • Total Assets: $266,712
  • Total Liabilities: $0
  • Net Assets: $266,712

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSULTING

Revenue

$462,795

Organization Details

Founding Year

2013

Principal Officer

Paul Le

Main Address

1311 PARK ST STE 600, Alameda, CA, 94501

NTEE Category

Code: B99 - Education

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