Overview
What is Baltimore Leadership Development Organization Inc?
Baltimore Leadership Development Organization Inc is a nonprofit based in Baltimore, Maryland, with a focus on cultivating future leaders from various sectors, including business, non-profit, and government. Their mission is to prepare the next generation of leaders to positively impact the wider Baltimore community. Each year, the organization selects participants from these sectors for an intensive educational experience, which encompasses exploring Baltimore's history, assets, and challenges, developing civic leadership competencies, and forging meaningful relationships among participants. Their programming is designed for diverse individuals and offers immersive field-based learning opportunities, group discussions, retreats, competency-building activities, and interactions with influential figures in Baltimore. The organization boasts a network of over 1,500 alumni and has a modest workforce of four individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Baltimore Leadership Development Organization Inc has received a solid rating of 79% from Charity Navigator, indicating a generally favorable performance in terms of accountability and finance. The organization has a strong governance structure, as evidenced by its fully independent board of members, with 100% independence, and no material diversion of assets reported. These factors contribute positively to the organization’s overall evaluation.
The charity demonstrates transparency and adherence to good practices, having established comprehensive policies, including conflict of interest, whistleblower, and document retention policies. Additionally, the organization maintains thorough records of board meeting minutes, which further enhances its accountability. The liabilities to assets ratio is also healthy, standing at 12.58%, suggesting good financial management.
On the program expense side, the organization allocates a significant portion of its resources, with a program expense ratio of 71.53%. This indicates that it prioritizes its mission-driven activities over administrative costs. However, while the overall score reflects commendable practices, there may still be areas for improvement to reach a higher rating.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Leadership Development Organization Inc legitimate?
Baltimore Leadership Development Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Leadership Development Organization 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: $234,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,936
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What is the mission statement of Baltimore Leadership Development Organization Inc?
The Baltimore Leadership Development Organization Inc's mission is centered around preparing the next generation of leaders to improve the quality of life for all citizens in their community. Each year, the organization selects participants from various sectors, including business, non-profit, and government. The mission involves providing an intense year-long educational experience, empowering these individuals to actively engage in leadership roles within their community.
The organization's mission is more specifically focused on developing, engaging, and connecting Baltimore's most talented individuals to become effective civic leaders. This is achieved by exploring the city's history, challenges, assets, and people, developing civic leadership competencies, and forging substantial relationships among participants.
The programming is designed for diverse individuals in organizations across the public, private, and non-profit sectors. The immersive learning opportunities, group discussions, retreats, competency building activities, and interactions with influential individuals and organizations create a transformative development experience for program participants. Additionally, the organization offers learning and networking opportunities for its 1,500 alumni.
Who is the CEO of Baltimore Leadership Development Organization Inc?
David Sachs is the Chair of Baltimore Leadership Development Organization Inc.
What is the revenue of Baltimore Leadership Development Organization Inc?
Baltimore Leadership Development Organization Inc's revenue in 2022 was $886,706.
Who are the executives of Baltimore Leadership Development Organization Inc and what are their salaries?
The average compensation at Baltimore Leadership Development Organization Inc during 2022 was $91,162. There are 4 employees at Baltimore Leadership Development Organization Inc.
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- Compensation: $201,177
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- Other: $33,534
Where can I find the form 990 for Baltimore Leadership Development Organization Inc?
Baltimore Leadership Development Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Baltimore Leadership Development Organization Inc
Baltimore Leadership Development Organization Inc, with its mission, aims to prepare the next generation of leaders in the greater Baltimore region. This nonprofit organization invites participants from various sectors, including business, non-profit, and government, for an intensive year-long educational experience. The primary objective is to equip these individuals with the necessary skills to actively engage in leadership roles within the Baltimore community.
The mission of Baltimore Leadership Development Organization Inc is multifaceted. It encompasses exploring the history, challenges, assets, and people of Baltimore, developing civic leadership competencies, and fostering substantial relationships among participants. This organization offers immersive field-based learning opportunities, small and large group discussions, retreats, competency building activities, and interactions with influential individuals and organizations in Baltimore. This comprehensive approach creates a transformative development experience for program participants.
Furthermore, Baltimore Leadership Development Organization Inc provides learning and networking opportunities for its 1,500 alumni. This continuous engagement ensures that the skills and connections gained during the program remain relevant and beneficial in their respective leadership roles. By nurturing and empowering the region's most talented individuals, Baltimore Leadership Development Organization Inc contributes to the overall improvement of the quality of life for all citizens in the greater Baltimore region.
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Impact
July, 2024
Baltimore Leadership Development Organization Inc's impact is significant in developing, engaging, and connecting Baltimore's most talented individuals to become more effective civic leaders in the region. By exploring Baltimore's history, challenges, assets, and people, participants are equipped with civic leadership competencies and forge substantive relationships. The organization's immersive field-based learning opportunities, competency building activities, and interactions with influential individuals create a transformative development experience for program participants. With a focus on individuals from diverse backgrounds in the public, private, and not-for-profit sectors, the organization is instrumental in preparing the next generation of leaders to improve the quality of life for all citizens in the greater Baltimore region.
This information is meant to be a general summary of Baltimore Leadership Development Organization 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $145,424
- Program Service Revenue: $607,830
- Gross Receipts: $886,706
Assets and Liabilities:
- Total Assets: $1,436,756
- Total Liabilities: $174,600
- Net Assets: $1,262,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$507,780
ASSOCIATION DUES
Revenue
$68,800
FEE FOR SERVICE
Revenue
$31,250
Organization Details
Founding Year
1983
Phone
(443) 552-7999Principal Officer
David Sachs
Main Address
111 SOUTH CALVERT STREET, BALTIMORE, MD, 21202
NTEE Category
Code: W00 - Public benefit
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