Overview
What is Lead Virginia?
Lead Virginia is a statewide leadership program located in Richmond, Virginia. Its primary objective is to connect leaders, fostering the development of "social capital" across Virginia. The program educates participants about the diverse challenges each region in Virginia faces, encouraging the exchange of ideas and potential solutions to statewide issues. Lead Virginia achieves this through an annual program of educational forums and regional visits to six distinct regions of Virginia. This program, grounded in social capital theory and curriculum themes such as economy, education, and health, attracts high-performing leaders, challenging preconceived notions and offering participants a comprehensive understanding of Virginia's regions and their interdependence. Graduates of the program are equipped with knowledge about issues crucial to Virginia's future and are prepared to contribute at local, regional, and statewide levels with their broadened perspective. The organization, with a total of 2 employees, plays a significant role in shaping Virginia's future by promoting collaboration and fostering informed leadership.
Official website here: www.leadva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Lead Virginia has achieved a commendable Three-Star rating from Charity Navigator, reflecting its overall financial health and accountability. The organization scored particularly well in areas such as having a majority of independent board members and maintaining a low liabilities to assets ratio. The program expense ratio of 69.44% indicates that a significant portion of its funds is dedicated to its programs, which is a positive sign for donors.
However, there are some areas where Lead Virginia could improve. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which could raise concerns about governance practices. Additionally, the nonprofit has not posted its tax form on its website, which could limit transparency for potential donors seeking more information about its financial operations.
Overall, while Lead Virginia demonstrates strong financial management and governance in many areas, addressing the noted limitations could enhance its credibility and encourage greater trust from the public.
This AI summary has been generated from information found on Charity Navigator.
Is Lead Virginia legitimate?
Lead Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead Virginia 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: $181,329
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,852
For more financial information, click here
Official website here: www.leadva.org
What is the mission statement of Lead Virginia?
Lead Virginia aims to connect leaders and shape the future of a commonwealth by organizing an annual educational program and regional visits to six diverse regions. This initiative is framed around social capital theory and curriculum themes of economy, education, and health. The annual program attracts high-performing leaders, challenges preconceived notions, and provides participants with a comprehensive perspective of the regions' interdependence. Graduates of the program are informed about issues crucial to the future of the commonwealth and prepared to contribute at local, regional, and statewide levels with their broader perspective.
Official website here: www.leadva.org
Who is the CEO of Lead Virginia?
Susan Horne is the President & of Lead Virginia.
Official website here: www.leadva.org
What is the revenue of Lead Virginia?
Lead Virginia's revenue in 2022 was $819,452.
Official website here: www.leadva.org
Who are the executives of Lead Virginia and what are their salaries?
The average compensation at Lead Virginia during 2022 was $128,090. There are 2 employees and 80 volunteers at Lead Virginia.
Here are 41 key members and their salaries:
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Official website here: www.leadva.org
Where can I find the form 990 for Lead Virginia?
Lead Virginia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadva.org
Learn more at the official website: www.leadva.org
Mission Statement of Lead Virginia
Lead Virginia, a prominent organization, is dedicated to connecting leaders and shaping Virginia's future through an annual program of educational forums and regional session visits. This program is designed to explore six diverse regions of Virginia, all framed around the concept of social capital theory and curriculum themes, including economy, education, and health. Lead Virginia's annual program attracts high-performing leaders, challenging preconceived notions and providing participants with a comprehensive, 360-degree perspective of Virginia's regions and their mutual interdependence.
Upon completing the program, these leaders are well-informed about issues crucial to Virginia's future and are equipped to serve at local, regional, and statewide capacities, utilizing their newly acquired statewide perspective. Lead Virginia's mission is not just about providing education and exposure but also about fostering a sense of unity and interdependence among the diverse regions of Virginia. By doing so, the organization aims to empower these leaders to contribute effectively to Virginia's development, making a significant impact on the commonwealth's future.
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Impact
July, 2024
Lead Virginia's impact is significant in shaping the future of the Commonwealth by connecting high-performing leaders and educating them on the issues facing the diverse regions of Virginia. Through its annual program of educational forums and regional visits, Lead Virginia equips participants with a 360-degree perspective of the state's regions and their interdependence. Graduates of the program are not only informed about crucial issues but also prepared to serve in local, regional, and statewide capacities, contributing to the betterment of Virginia with their expanded understanding and strategic insights.
This information is meant to be a general summary of Lead Virginia. 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: $14,507
- Program Service Revenue: $407,619
- Gross Receipts: $827,707
Assets and Liabilities:
- Total Assets: $722,963
- Total Liabilities: $239,608
- Net Assets: $483,355
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$389,072
ALUMNI EVENTS
Revenue
$13,456
APPLICATION FEES
Revenue
$5,091
Organization Details
Founding Year
2005
Phone
(804) 644-5323Principal Officer
Susan Horne
Main Address
6800 PARAGON PL STE 450, RICHMOND, VA, 23230
Website
www.leadva.orgNTEE Category
Code: W70 - Public benefit
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