Overview
What is The Leonine Forum Inc?
The Leonine Forum Inc, located in Washington D.C., is a nonprofit organization with a mission to foster a new generation of virtuous leaders. With a team of three dedicated individuals, they organize monthly events for their Chicago First Year Fellows, offering meals, reading materials, insightful speakers, and engaging fellowship discussions. Their goal is to empower these emerging leaders to integrate their faith into their professional and civic lives, applying the social teachings of the church effectively. Their activities aim to prepare individuals to make a positive impact in their communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Leonine Forum Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. With an overall score of 71%, the organization demonstrates a strong commitment to program expenses, allocating approximately 85.82% of its budget towards programs. However, the lack of accessible financial statements and missing critical policies such as whistleblower and document retention raise concerns about transparency.
Despite the absence of financial disclosures, the organization maintains an independent board, with 80% of its members being independent, which is a positive aspect of its governance structure. The nonprofit also has a solid liabilities to assets ratio of 20.83%, suggesting financial stability. However, the missing policies and documentation could hinder stakeholders' confidence in the organization's operations.
Overall, while The Leonine Forum Inc shows promise with its program spending and governance, addressing the gaps in financial transparency and policy adherence is essential for enhancing its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Leonine Forum Inc legitimate?
The Leonine Forum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Leonine Forum 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: $79,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,847
For more financial information, click here
What is the mission statement of The Leonine Forum Inc?
The Leonine Forum Inc's mission is to foster a new generation of virtuous leaders, encouraging them to integrate their faith into their professional and civic lives. This is done by cultivating these individuals, empowering them to apply the social teachings of the church effectively in their respective spheres. By doing so, The Leonine Forum Inc aims to equip these leaders with the tools needed to make a positive impact in their communities and beyond. Monthly events, including meals, discussions, and guest speakers, are provided for the First Year Fellows to facilitate their growth and learning process.
Who is the CEO of The Leonine Forum Inc?
Mitchell Boersma is the Dir/Chairman of The Leonine Forum Inc.
What is the revenue of The Leonine Forum Inc?
The Leonine Forum Inc's revenue in 2022 was $545,312.
Who are the executives of The Leonine Forum Inc and what are their salaries?
The average compensation at The Leonine Forum Inc during 2022 was $65,128. There are 3 employees at The Leonine Forum Inc.
Here are 6 key members and their salaries:
- Compensation: $74,000
- Related: $0
- Other: $0
- Compensation: $0
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- 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
Where can I find the form 990 for The Leonine Forum Inc?
The Leonine Forum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Leonine Forum Inc
The Leonine Forum Inc is dedicated to cultivating an emerging generation of virtuous leaders. This mission involves empowering these individuals to form fully integrated lives of faith, enabling them to apply the social teachings of the Church within their professional and civic lives. Essentially, The Leonine Forum Inc aims to foster a group of morally upright leaders who can seamlessly incorporate religious values into their professional and community endeavors.
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Impact
July, 2024
The Leonine Forum Inc cultivates an emerging generation of virtuous leaders and empowers them to integrate their faith into their professional and civic lives. Through monthly events, meals, reading materials, speakers, and fellowship discussions, the organization equips individuals in Chicago with the knowledge and skills needed to apply the social teachings of the Church in their daily lives. The impact of The Leonine Forum Inc is evident in the development of a community of leaders committed to fostering positive change guided by their faith.
This information is meant to be a general summary of The Leonine Forum 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: $28
- Gross Receipts: $545,312
Assets and Liabilities:
- Total Assets: $181,484
- Total Liabilities: $36,866
- Net Assets: $144,618
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Organization Details
Founding Year
2017
Phone
(202) 783-2062Principal Officer
Mitchell Boersma
Main Address
1501 K STREET NW, WASHINGTON, DC, 20005
NTEE Category
Code: X03 - Religion related
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