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Ilead Experience Inc

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

EIN: 824338417 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ilead Experience Inc?

Ilead Experience Inc is a nonprofit organization that selects high school juniors with an interest in personal growth. Their program, conducted over five weeks during the summer in Israel, focuses on enhancing physical abilities and stamina. Participants engage in challenging activities such as mountain climbing and extreme hiking, immersing themselves in natural surroundings. The program's objective is to help candidates identify their strengths, work on their weaknesses, and foster personal development.


Official website here: www.ileadexperience.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Ilead Experience Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity's overall score is derived solely from its accountability and finance metrics, which it scored 81%. This suggests that Ilead Experience Inc demonstrates a commitment to responsible financial practices and transparency.

The charity excels in several key areas, with a fully independent board consisting of 100% independent members and a robust program expense ratio of 88.91%. Additionally, the organization maintains comprehensive policies regarding conflicts of interest and whistleblower protections, which are crucial for ensuring ethical governance. Financial statements are subject to review or compilation, further enhancing the trustworthiness of their financial reporting.

However, while the high score reflects positive practices, it is important to note that the rating does not cover other aspects like impact or effectiveness of programs, which are critical to gauging overall performance. Stakeholders should consider this when evaluating the organization's broader contributions to its mission.


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

Is Ilead Experience Inc legitimate?

Ilead Experience Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ilead Experience 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,318

For more financial information, click here


Official website here: www.ileadexperience.org

What is the mission statement of Ilead Experience Inc?

Ilead Experience Inc's mission, as outlined, is centered around identifying and nurturing the potential of high school students. Towards the end of their junior year, eligible candidates are selected for a five-week summer program in an undisclosed location. The primary focus of this program is to help individuals understand and enhance their strengths, while also addressing their challenges and weaknesses. The unique approach includes physical activities, such as mountain climbing and extreme hiking, immersing participants in natural surroundings. The goal is to foster personal growth and resilience, preparing these young individuals for their future endeavors.


Official website here: www.ileadexperience.org

Who is the CEO of Ilead Experience Inc?

Richard Chalme is the President of Ilead Experience Inc.


Official website here: www.ileadexperience.org

What is the revenue of Ilead Experience Inc?

Ilead Experience Inc's revenue in 2022 was $679,552.


Official website here: www.ileadexperience.org

Who are the executives of Ilead Experience Inc and what are their salaries?

The average compensation at Ilead Experience Inc during 2022 was $16,318. There is 1 employee at Ilead Experience Inc.


Here are 2 key members and their salaries:


Richard Chalme (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shilo Plesser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ileadexperience.org

Where can I find the form 990 for Ilead Experience Inc?

Ilead Experience Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ileadexperience.org

Learn more at the official website: www.ileadexperience.org

Mission Statement of Ilead Experience Inc

Ilead Experience Inc, a nonprofit organization, selects high school students nearing the end of their junior year with an interest in self-discovery. The program's mission is to help these individuals identify their personal strengths and work on their challenges and weaknesses. The program takes place over a five-week period during the summer, with the location not specified in the provided information. The focus of Ilead Experience Inc's program is on physical fitness and stamina, as the participants engage in activities such as mountain climbing and extreme hiking, immersing themselves in natural surroundings. The goal is to challenge and empower these young individuals, helping them grow both personally and physically.

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Impact




July, 2024

Ilead Experience Inc's impact lies in its transformative youth development program that empowers high school students to identify their personal strengths, work through challenges, and build resilience. Through a five-week summer program in Israel focusing on physical aptitude and stamina, participants engage in activities such as mountain climbing, extreme hiking, and immersing themselves in natural surroundings. This unique experience shapes young individuals, helping them develop crucial skills and self-awareness for their future endeavors.




This information is meant to be a general summary of Ilead Experience 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.

Revenue
$679,552 (2022)
Expenses
$995,479 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,184
  • Program Service Revenue: $652,613
  • Gross Receipts: $679,552

Assets and Liabilities:

  • Total Assets: $304,538
  • Total Liabilities: $1,070,600
  • Net Assets: -$766,062

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Programs

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

PROGRAM FEES

Revenue

$652,613

Organization Details

Founding Year

2018

Principal Officer

Richard Chalme

Main Address

1061 OCEAN PARKWAY, BROOKLYN, NY, 11230

NTEE Category

Code: O50 - Youth development

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