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Leadership Edge Incorporated

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

EIN: 752493687 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Leadership Edge Incorporated?

Leadership Edge Incorporated is a nonprofit organization situated in Durham, North Carolina. Their primary focus is to offer mentoring services, specifically for university students and young professionals. During the year, they maintained 98 mentor-mentee relationships, with 68 active mentors and 98 mentees. These relationships extended to students from various colleges, such as Cedarville University, Duke University, and the University of Texas at Austin, among others. The organization also mentored young professionals in various metropolitan areas, including Dallas, Fort Worth, Los Angeles, San Francisco, and Winston-Salem, North Carolina. In addition, Leadership Edge Incorporated continued mentoring in Kampala, Uganda, with 38 mentoring relationships. The organization also provides training for mentors through web-based and live sessions, with 37 individuals completing the training during the year. Their mission is to provide leadership training through authentic mentoring, equipping the next generation of leaders to live a God-honoring influence.


Official website here: www.lead-edge.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89%, Three-Star out of Four Star rating. Leadership Edge Incorporated has achieved an overall score that reflects a strong performance in several domains, particularly in Accountability & Finance, where it scored 88%. The organization also demonstrates a solid commitment to its community, with a Culture & Community score of 87%, showcasing its efforts in fostering a positive environment. Conversely, it has received a lower score in Leadership & Adaptability at 10%, indicating potential areas for improvement.

The charity's strengths are notable, particularly in its governance structure, with 85% of its board members being independent, and the size of the independent board is also commendable. Additionally, the organization has a strong financial management system, illustrated by its impressive program expense ratio of 73.31%, meaning a large portion of its resources directly supports its programs. The absence of a whistleblower policy and documentation practices may raise concerns regarding transparency and risk management, as these are key elements in fostering trust and accountability.

While Leadership Edge Incorporated has notably strong areas, particularly in feedback collection and usage, which received perfect scores, the organization should address the missing policies to enhance its overall governance framework. Improving in these areas could elevate its effectiveness and potentially its overall rating in the future.


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

Is Leadership Edge Incorporated legitimate?

Leadership Edge Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Edge Incorporated 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: $242,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $231,070

For more financial information, click here


Official website here: www.lead-edge.com

What is the mission statement of Leadership Edge Incorporated?

Leadership Edge Incorporated's mission is centered around delivering exceptional leadership training. They achieve this through authentic mentoring of upcoming leaders, aiming to prepare them for a life characterized by influence that honors God. The organization focuses on fostering mentor-mentee relationships, offering guidance to university students, young professionals, and individuals in various metropolitan areas, such as Dallas, Fort Worth, and Winston-Salem, NC. Additionally, they extend their mentoring program to Kampala, Uganda. Furthermore, Leadership Edge Incorporated conducts mentor training sessions, both online and in-person, to equip their mentors effectively.


Official website here: www.lead-edge.com

Who is the CEO of Leadership Edge Incorporated?

Todd Melby is the President of Leadership Edge Incorporated.


Official website here: www.lead-edge.com

What is the revenue of Leadership Edge Incorporated?

Leadership Edge Incorporated's revenue in 2023 was $554,131.


Official website here: www.lead-edge.com

Who are the executives of Leadership Edge Incorporated and what are their salaries?

The average compensation at Leadership Edge Incorporated during 2023 was $67,582. There are 7 employees and 45 volunteers at Leadership Edge Incorporated.


Here are 9 key members and their salaries:


John Hawkins (Founder)
  • Compensation: $108,468
  • Related: $0
  • Other: $1,080
Todd Melby (President)
  • Compensation: $100,253
  • Related: $0
  • Other: $0
Randal Boyts (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Krauss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Chasse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lead-edge.com

Where can I find the form 990 for Leadership Edge Incorporated?

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


Official website here: www.lead-edge.com

Learn more at the official website: www.lead-edge.com

Mission Statement of Leadership Edge Incorporated

Leadership Edge Incorporated is dedicated to delivering exceptional leadership training through authentic mentoring, with the primary objective of preparing the next generation of leaders for a lifestyle marked by God-honoring influence. This nonprofit organization achieves this mission by fostering mentor-mentee relationships, serving as a guiding force for university students and young professionals. During the year, Leadership Edge Incorporated established 98 such relationships, involving a total of 68 active mentors and 98 mentees. These connections span various college campuses, such as Cedarville University, Duke University, and the University of North Carolina-Chapel Hill, as well as metropolitan areas including Dallas, Fort Worth, Los Angeles, and Raleigh-Durham. The organization's reach extends beyond the United States, with continued mentoring in Kampala, Uganda. Furthermore, Leadership Edge Incorporated offers LEI Mentor Training, providing nine cohorts of both web-based and live sessions throughout the year, enabling 37 individuals to complete the program. This comprehensive approach to mentoring and training equips emerging leaders with the skills and values necessary to positively impact their communities and uphold God's influence in their lives.

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Impact




July, 2024

Leadership Edge Incorporated's impact lies in its dedication to providing excellent leadership training through authentic mentoring to the next generation of leaders. By equipping young professionals and university students with the skills and values necessary for a lifestyle of God-honoring influence, Leadership Edge Incorporated is shaping a new cadre of leaders who are prepared to make a positive impact in their communities and beyond. Through its mentoring services, the organization fosters mentor-mentee relationships that empower individuals to reach their full potential. With a wide reach that spans across college campuses, major metropolitan areas, and even internationally in places like Kampala, Uganda, Leadership Edge Incorporated is making a tangible difference in developing the leaders of tomorrow.




This information is meant to be a general summary of Leadership Edge Incorporated. 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
$554,131 (2023)
Expenses
$627,959 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $20
  • Program Service Revenue: $11,535
  • Gross Receipts: $554,131

Assets and Liabilities:

  • Total Assets: $264,965
  • Total Liabilities: $25,059
  • Net Assets: $239,906

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Programs

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

Alumni events

Revenue

$620

Mentor training

Revenue

$915

Partner development

Revenue

$3,300

Training & speaking fees

Revenue

$6,700

Organization Details

Founding Year

1994

Principal Officer

Todd Melby

Main Address

PO Box 51657, Durham, NC, 27717

NTEE Category

Code: P20Z - Human services

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