Overview
What is Lead The Way Learning Academy?
Lead The Way Learning Academy is a nonprofit organization situated in Columbus, Ohio, with a focus on inspiring, enriching, and empowering individuals and families. They achieve this goal through high-quality childcare, educational enrichment programs, and initiatives aimed at youth and workforce development. With a dedicated team of 14 employees, Lead The Way Learning Academy strives to help people realize their full potential, offering a comprehensive range of services to support personal growth and development.
Official website here: www.leadthewaylearningacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Lead The Way Learning Academy has received a two-star rating from Charity Navigator, reflecting a score of 69%. While the organization demonstrates strong governance features, such as having a majority of independent board members and a robust audit and oversight committee, it falls short in several key accountability areas. The absence of conflict of interest and whistleblower policies, along with missing documentation on the nonprofit’s website, indicate significant governance gaps.
The organization performs well in financial management, evidenced by a high program expense ratio of 88.25%, which suggests that a large portion of its funds are directed towards its programs. However, the liabilities to assets ratio is notably concerning at 96.36%, indicating a potential financial instability that warrants attention. This aspect raises questions about the organization's capacity to sustain its operations in the long term.
Overall, while Lead The Way Learning Academy has strengths in board independence and program funding, its lack of essential policies and high liabilities signal the need for improvements in governance and financial health. Addressing these issues could enhance its rating and stakeholder confidence in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Lead The Way Learning Academy legitimate?
Lead The Way Learning Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead The Way Learning Academy 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: $105,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $807,150
For more financial information, click here
Official website here: www.leadthewaylearningacademy.org
What is the mission statement of Lead The Way Learning Academy?
Lead The Way Learning Academy's mission is centered around inspiring, enriching, and empowering individuals and families. By providing quality childcare, educational enrichment, and youth and workforce development programs, the academy aims to help individuals and families discover and realize their full potential. The organization's activities are geared towards enriching lives, fostering personal growth, and preparing individuals for their future careers.
Official website here: www.leadthewaylearningacademy.org
Who is the CEO of Lead The Way Learning Academy?
Jackie Kemp is the Founder/Ed of Lead The Way Learning Academy.
Official website here: www.leadthewaylearningacademy.org
What is the revenue of Lead The Way Learning Academy?
Lead The Way Learning Academy's revenue in 2022 was $1,609,070.
Official website here: www.leadthewaylearningacademy.org
Who are the executives of Lead The Way Learning Academy and what are their salaries?
The average compensation at Lead The Way Learning Academy during 2022 was $65,178. There are 14 employees at Lead The Way Learning Academy.
Here are 6 key members and their salaries:
- Compensation: $105,341
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.leadthewaylearningacademy.org
Where can I find the form 990 for Lead The Way Learning Academy?
Lead The Way Learning Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadthewaylearningacademy.org
Learn more at the official website: www.leadthewaylearningacademy.org
Mission Statement of Lead The Way Learning Academy
Lead The Way Learning Academy is committed to inspiring, enriching, and empowering individuals and families to unlock their full potential. This is achieved through three primary avenues: quality childcare, educational enrichment, and youth and workforce development. By providing high-quality childcare, the academy ensures that young minds receive a solid foundation for their future. Through educational enrichment, it fosters a love for learning and equips individuals with essential skills. Lastly, the youth and workforce development programs prepare adolescents for their future careers, equipping them with the necessary tools for success. In essence, Lead The Way Learning Academy seeks to empower its clients, enabling them to realize their full potential and lead fulfilling lives.
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Impact
July, 2024
Lead The Way Learning Academy's impact can be seen in the inspiration, enrichment, and empowerment it provides to individuals and families. By offering quality childcare, educational enrichment, and youth and workforce development programs, Lead The Way Learning Academy plays a key role in helping people discover and realize their full potential. Through its dedication to education, the academy contributes towards building a strong foundation for future generations and fostering a more empowered community.
This information is meant to be a general summary of Lead The Way Learning Academy. 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.
- Program Service Revenue: $52,973
- Gross Receipts: $1,609,070
Assets and Liabilities:
- Total Assets: $531,367
- Total Liabilities: $512,077
- Net Assets: $19,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$52,973
Organization Details
Founding Year
2014
Phone
(614) 842-4993Principal Officer
Jackie Kemp
Main Address
215 N FRONT STREET SUITE 230, COLUMBUS, OH, 43215
NTEE Category
Code: B90 - Education
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