Overview
What is Leaders Collective?
Leaders Collective is a nonprofit organization dedicated to supporting and empowering church leaders. Based on the information provided, it appears that they facilitate cohorts for church planters and pastors, assisting them in maintaining healthy and fruitful ministries. Their activities in Raleigh, North Carolina include completing church planter cohorts with seven members and initiating pastor cohorts with six participants. Through regular gatherings and training sessions, Leaders Collective aims to help church leaders joyfully utilize the gifts bestowed upon them by God.
Official website here: www.leaderscollective.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 66%, earning a Two-Star out of Four Star rating.
Leaders Collective has received a rating categorized as "Needs Improvement," reflecting concerns primarily in the area of financial transparency. While the organization has a strong governance structure, featuring an independent board and effective policies, it scored poorly in financial statements and the liabilities to assets ratio, which are critical for assessing financial health.
On the positive side, Leaders Collective excels in program expense allocation, indicating that most of its resources are directed towards its mission-related activities. The organization has established robust governance policies, including conflict of interest and whistleblower policies, which help foster accountability. However, the lack of accessible financial documents on its website raises questions about its overall financial practices and transparency, highlighting areas that require attention for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Leaders Collective legitimate?
Leaders Collective is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leaders Collective 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: $112,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,259
For more financial information, click here
Official website here: www.leaderscollective.com
What is the mission statement of Leaders Collective?
Leaders Collective's mission is to assist church leaders in fulfilling the divine tasks they've been gifted with, promoting joy and effectiveness in their ministry. They achieve this by supporting church planters and pastors through comprehensive cohort programs. In Raleigh, NC, they've completed seven-member church planter cohorts and initiated six-participant pastor cohorts. Regular training sessions are conducted to aid pastors in maintaining healthy and fruitful ministries.
Official website here: www.leaderscollective.com
Who is the CEO of Leaders Collective?
Elliot Grudem is the President of Leaders Collective.
Official website here: www.leaderscollective.com
What is the revenue of Leaders Collective?
Leaders Collective's revenue in 2022 was $562,480.
Official website here: www.leaderscollective.com
Who are the executives of Leaders Collective and what are their salaries?
The average compensation at Leaders Collective during 2022 was $49,890. There are 6 employees at Leaders Collective.
Here are 6 key members and their salaries:
- Compensation: $66,424
- Related: $0
- Other: $45,655
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.leaderscollective.com
Where can I find the form 990 for Leaders Collective?
Leaders Collective's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leaderscollective.com
Learn more at the official website: www.leaderscollective.com
Mission Statement of Leaders Collective
Leaders Collective is an organization dedicated to supporting the church's leaders. Its mission is to empower these leaders to joyfully carry out the tasks that God has gifted them with. Leaders Collective achieves this by providing various training programs. For instance, they have completed church planter cohorts with seven members and initiated pastor cohorts with six participants in Raleigh, NC. These programs aim to help pastors maintain healthy and fruitful ministries. By doing so, Leaders Collective contributes to the overall growth and success of the church's leadership.
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Impact
July, 2024
Leaders Collective's impact is evident in the lives of church leaders in Raleigh, NC. By completing church planter cohorts with seven members and initiating pastor cohorts with six participants, they are actively equipping these leaders to sustain healthy and fruitful ministries. Their training sessions have helped pastors fulfill their God-given gifts and lead joyfully in their communities.
This information is meant to be a general summary of Leaders Collective. 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: $39
- Program Service Revenue: $147,750
- Gross Receipts: $562,480
Assets and Liabilities:
- Total Assets: $16,257
- Total Liabilities: $57,861
- Net Assets: -$41,604
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEAD PASTOR COHORT FEE
Revenue
$107,100
CHURCH PLANTER COHORT
Revenue
$35,000
SPEAKING/CONSULTING RE
Revenue
$5,650
Organization Details
Founding Year
2014
Phone
(919) 714-9510Principal Officer
Elliot Grudem
Main Address
POST OFFICE BOX 26021, RALEIGH, NC, 27611
Website
www.leaderscollective.comNTEE Category
Code: X20 - Religion related
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