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Leadership Triangle Inc

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

EIN: 561852726 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Leadership Triangle Inc?

Leadership Triangle Inc is a nonprofit organization based in Raleigh, North Carolina, with a focus on promoting regionalism and building leadership capacity across the Triangle area. Established with the mission to educate, develop, connect, and activate leaders, they achieve this through various initiatives such as leadership development classes, social networking events, public forums, and an annual leadership summit and award celebration. Recognizing historical inequalities in recruitment and pay for local HBCU graduates, Leadership Triangle has partnered with Capitol Broadcasting Company (CBC) to launch the Emerging Leaders program. This program offers a 400-hour paid internship opportunity for students from North Carolina Central University, Shaw University, and St. Augustine's University, where 350 hours are spent in an internship with a CBC division and 50 hours are dedicated to leadership development workshops with Leadership Triangle. As of the provided information, Leadership Triangle Inc employs a small team of three individuals.


Official website here: www.leadershiptriangle.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

Leadership Triangle Inc has received a solid Three-Star rating, reflecting a commendable performance in both accountability and community engagement. The organization boasts a high Culture & Community Score of 95, indicating strong connections and a positive impact within its community. Its accountability metrics are also impressive, featuring a 100% independent board and robust policies in place to manage conflicts of interest and ensure transparency.

Further highlights include a Program Expense Ratio of 83.26%, demonstrating effective allocation of resources towards its programs. The organization has not reported any material diversion of assets, ensuring the integrity of its operations. However, while its financial management is sound, there may be room for improvement in the Accountability & Finance Score, which stands at 78, suggesting potential areas for increased financial transparency or efficiency. Overall, Leadership Triangle Inc appears to be a trustworthy organization committed to its mission.


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

Is Leadership Triangle Inc legitimate?

Leadership Triangle Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Triangle 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: $134,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,152

For more financial information, click here


Official website here: www.leadershiptriangle.com

What is the mission statement of Leadership Triangle Inc?

Leadership Triangle Inc was established with the goal of fostering leadership capacity and promoting regionalism across diverse communities. It achieves this objective through various means, including leadership development classes, social networking events, public forums, and an annual leadership summit and award celebration. The organization's mission is to educate, develop, connect, and activate leaders who are committed to transforming their region into an ideal place to work, live, and thrive. This is accomplished through the same avenues mentioned above, namely, leadership development classes, social networking events, public forums, and an annual leadership summit and award celebration.

In addition to these initiatives, Leadership Triangle Inc has launched a special program called Emerging Leaders, in recognition of historical inequalities in recruitment and compensation for local HBCU graduates. The Emerging Leaders program, in collaboration with Capitol Broadcasting Company (CBC), offers a 400-hour paid internship opportunity for students from NCCU, Shaw University, and St. Augustine's University. The program is open to rising juniors and seniors, and participants spend 350 hours interning within a CBC division and 50 hours attending leadership development workshops with Leadership Triangle Inc.


Official website here: www.leadershiptriangle.com

Who is the CEO of Leadership Triangle Inc?

Lauren Kristine Sloan is the Board Chair of Leadership Triangle Inc.


Official website here: www.leadershiptriangle.com

What is the revenue of Leadership Triangle Inc?

Leadership Triangle Inc's revenue in 2023 was $619,482.


Official website here: www.leadershiptriangle.com

Who are the executives of Leadership Triangle Inc and what are their salaries?

The average compensation at Leadership Triangle Inc during 2023 was $78,240. There are 3 employees and 55 volunteers at Leadership Triangle Inc.


Here are 11 key members and their salaries:


Michael Goodmon (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Circosta (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Guckian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Klein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Parquet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Creighton Blackwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Trapp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tia Mclaurin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Parker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren K Sloan (Executive Director)
  • Compensation: $111,640
  • Related: $0
  • Other: $12,253


Official website here: www.leadershiptriangle.com

Where can I find the form 990 for Leadership Triangle Inc?

Leadership Triangle Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.leadershiptriangle.com

Learn more at the official website: www.leadershiptriangle.com

Mission Statement of Leadership Triangle Inc

Leadership Triangle Inc, a nonprofit organization, was established with the mission to educate, develop, connect, and activate leaders committed to making their community an ideal place to work, live, and thrive. To achieve this, Leadership Triangle implements various strategies such as leadership development classes, social networking events, public forums, and an annual leadership summit and award celebration. By doing so, the organization aims to build leadership capacity and foster regionalism across different communities, ultimately promoting unity and progress.

In addition to these initiatives, Leadership Triangle has a specific focus on addressing historical inequalities in recruitment and pay for local HBCU graduates. To address this issue, they have partnered with Capitol Broadcasting Company (CBC) to launch the Emerging Leaders program. This program offers a unique opportunity for students from NCCU, Shaw University, and St. Augustine's University. Over the fall semester, program participants complete a 400-hour program, with 350 hours spent in an internship within a CBC division and 50 hours in leadership development workshops with Leadership Triangle. This initiative not only provides practical work experience but also equips students with crucial leadership skills, contributing to a more diverse and capable workforce in the community.

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Impact




July, 2024

Leadership Triangle Inc has a significant impact on the Triangle region by building leadership capacity and promoting regionalism across the separate communities. Through leadership development classes, social networking, public forums, and an annual leadership summit and award celebration, Leadership Triangle educates, develops, connects, and activates leaders committed to making the Triangle the best place to work, live, and thrive. Their partnership with Capitol Broadcasting Company to launch the Emerging Leaders program specifically addresses historical inequities in recruitment and pay for local HBCU graduates, providing a valuable opportunity for rising juniors and seniors to gain real-world experience and leadership development.




This information is meant to be a general summary of Leadership Triangle 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
$619,482 (2023)
Expenses
$604,014 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $451
  • Program Service Revenue: $386,278
  • Gross Receipts: $619,482

Assets and Liabilities:

  • Total Assets: $299,461
  • Total Liabilities: $161,433
  • Net Assets: $138,028

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Programs

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

TRANSFORMING LEADERS C

Revenue

$155,487

EMERGING LEADERS

Revenue

$120,860

REGIONAL CLASS

Revenue

$47,680

NEIGHBORHOOD IMPACT CL

Revenue

$37,184

COMMUNITY PROGRAMS

Revenue

$14,000

Organization Details

Founding Year

1993

Principal Officer

Lauren Kristine Sloan

Main Address

907 GLENWOOD AVE, RALEIGH, NC, 27605

NTEE Category

Code: B99Z - Education

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