Overview
What is Knoxville Leadership Foundation Inc?
Knoxville Leadership Foundation Inc is a nonprofit organization that facilitates collaboration among various sectors, such as congregations, neighborhoods, businesses, philanthropy, and government. Their primary mission is to link individuals in need with the essential resources required for their well-being. Currently, their focus areas include affordable housing, mentoring youth and adults, strengthening nonprofits, and workforce development. In addition, they collaborate with Compassion Coalition to educate churches and the community about available resources.
Official website here: www.klf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Knoxville Leadership Foundation Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high performance in accountability and finance. The charity's score is significantly derived from its accountability practices, demonstrating a commitment to transparency and responsible financial management. With a perfect score in areas such as independent board member composition and oversight of financial statements, the organization showcases its dedication to ethical governance.
Strengths highlighted in the assessment include a fully independent board and effective policies in place to prevent conflicts of interest and ensure whistleblower protections. The foundation also demonstrates a solid program expense ratio, indicating that a substantial portion of its resources is directed toward its mission-driven activities rather than administrative costs. This focus on program efficiency further bolsters its reputation among donors and stakeholders.
However, the analysis does highlight a slightly lower score regarding the liabilities to assets ratio, which stands at 54.81%. While this is not a critical concern, it suggests that the organization may have a relatively higher level of liabilities compared to its assets. Overall, the Knoxville Leadership Foundation Inc appears to be a well-managed nonprofit with a strong emphasis on financial accountability and programmatic effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Knoxville Leadership Foundation Inc legitimate?
Knoxville Leadership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Leadership Foundation 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: $713,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,454,891
For more financial information, click here
Official website here: www.klf.org
What is the mission statement of Knoxville Leadership Foundation Inc?
The Knoxville Leadership Foundation's mission is centered around fostering collaboration among congregations, neighborhoods, businesses, philanthropy, and government. Their primary goal is to link individuals in need with the resources necessary for them to thrive. At present, their focus areas include safe and affordable housing, mentoring for both youth and adults, strengthening nonprofit organizations, and workforce development. Additionally, the foundation partners with Compassion Coalition to educate churches and the broader community.
Official website here: www.klf.org
Who is the CEO of Knoxville Leadership Foundation Inc?
Chris Martin is the President of Knoxville Leadership Foundation Inc.
Official website here: www.klf.org
What is the revenue of Knoxville Leadership Foundation Inc?
Knoxville Leadership Foundation Inc's revenue in 2022 was $5,323,069.
Official website here: www.klf.org
Who are the executives of Knoxville Leadership Foundation Inc and what are their salaries?
The average compensation at Knoxville Leadership Foundation Inc during 2022 was $34,975. There are 62 employees and 1450 volunteers at Knoxville Leadership Foundation Inc.
Here are 17 key members and their salaries:
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- Compensation: $104,127
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- Compensation: $122,087
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- Compensation: $101,371
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- Compensation: $102,819
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Official website here: www.klf.org
Where can I find the form 990 for Knoxville Leadership Foundation Inc?
Knoxville Leadership Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.klf.org
Learn more at the official website: www.klf.org
Mission Statement of Knoxville Leadership Foundation Inc
Knoxville Leadership Foundation, in its mission, fosters collaboration among congregations, neighborhoods, businesses, philanthropy, and government. The primary goal of this nonprofit organization is to bridge the gap between individuals in need and the resources necessary for them to thrive. Currently, its focus areas include safe and affordable housing, mentoring both youth and adults, strengthening nonprofits, and workforce development. By connecting people with the essential resources they require, Knoxville Leadership Foundation aims to empower its community members to lead fulfilling lives.
In addition to connecting people with resources, Knoxville Leadership Foundation plays a crucial role in workforce development. The organization provides opportunities to help individuals gain the skills they need to secure employment and succeed in their careers. To further support its community, Knoxville Leadership Foundation partners with Compassion Coalition to educate churches and the wider community about the needs of their fellow citizens. Through these efforts, the foundation aims to build a more compassionate and supportive community where everyone has the opportunity to thrive.
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Impact
July, 2024
Knoxville Leadership Foundation Inc promotes collaboration across congregations, neighborhoods, business, philanthropy, and government to connect people in need with resources needed to thrive. Their focus on safe affordable housing, mentoring youth and adults, building up communities, and workforce development has had a tangible impact on improving the lives of individuals in Knoxville. Through partnerships with Compassion Coalition and other organizations, Knoxville Leadership Foundation is actively working to address pressing social needs and create a more cohesive and supportive community for all residents.
This information is meant to be a general summary of Knoxville Leadership Foundation 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: $36,586
- Program Service Revenue: $310,457
- Gross Receipts: $5,348,958
Assets and Liabilities:
- Total Assets: $6,167,188
- Total Liabilities: $3,380,381
- Net Assets: $2,786,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR G&A SERVICES
Revenue
$211,616
TRAINING CENTER REVENU
Revenue
$98,841
Organization Details
Founding Year
1994
Phone
(865) 524-2774Principal Officer
Chris Martin
Main Address
318 NORTH GAY STREET, KNOXVILLE, TN, 37917
Website
www.klf.orgNTEE Category
Code: X83 - Religion related
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