Overview
What is Lead Africa?
Lead Africa, operating under the name LEAD Edu, is a nonprofit organization based in New York, specifically at 222 Central Park South Apt 15, New York, NY 10019. Their mission is to empower future leaders by supporting and expanding programs that emphasize high-quality education, elite sports training, good nutrition, healthcare, and life skills. In 2021, they provided financial assistance to two leadership hubs: LEAD Monrovia Football Academy in Monrovia, Liberia, established in 2015, and LEAD Morocco in El Mansouria Benslimane, Morocco, established in 2019. LEAD Edu's philanthropic efforts in 2021 amounted to $377,611 for LEAD Monrovia Football Academy and $142,500 for LEAD Morocco. Overall, LEAD Edu invests in the development of future leaders through comprehensive and holistic support.
Official website here: www.leadedu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Lead Africa has achieved an 80% overall score, which translates into a solid Three-Star rating. The organization shows strong performance in various areas, with particular strengths in culture and community, where it scored an impressive 93%. Additionally, it boasts an entirely independent board, and there is no evidence of material diversion of assets, reflecting a strong commitment to accountability.
However, there are notable limitations in its governance practices. Specifically, Lead Africa lacks a whistleblower policy and a document retention and destruction policy, both of which scored zero points. While the organization excels in program expense ratio at nearly 90% and demonstrates excellent constituent feedback practices, enhancing its governance policies could further strengthen its operational integrity. Overall, Lead Africa exhibits a commitment to transparency and effective community engagement, alongside areas that require attention for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Lead Africa legitimate?
Lead Africa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lead Africa 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: $60,714
Professional Fundraising Fees: $8,100
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.leadedu.org
What is the mission statement of Lead Africa?
Lead Africa, through its affiliate LEAD Edu, is committed to establishing and nurturing programs that empower future leaders. Their mission is centered around providing support to leadership hubs, which integrate high-quality education, elite sports training, nutritious meals, healthcare, and life skills. In 2021, they extended financial assistance to two such hubs: LEAD Monrovia Football Academy in Liberia and LEAD Morocco. The funding amounted to $377,611 for the Monrovia Academy and $142,500 for the Moroccan hub, contributing to their mission of nurturing promising leaders.
Official website here: www.leadedu.org
Who is the CEO of Lead Africa?
Will Smith is the Executive Director of Lead Africa.
Official website here: www.leadedu.org
What is the revenue of Lead Africa?
Lead Africa's revenue in 2022 was $1,570,176.
Official website here: www.leadedu.org
Who are the executives of Lead Africa and what are their salaries?
The average compensation at Lead Africa during 2022 was $30,357. There are 2 employees at Lead Africa.
Here are 5 key members and their salaries:
- Compensation: $48,000
- 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.leadedu.org
Where can I find the form 990 for Lead Africa?
Lead Africa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadedu.org
Learn more at the official website: www.leadedu.org
Mission Statement of Lead Africa
Lead Africa, as per its mission, aims to establish and enhance programs that empower emerging leaders. This nonprofit organization supports leadership hubs that integrate top-tier education, elite sports training, nutritious meals, healthcare, and life skills. By doing so, Lead Africa aims to foster future leaders who are well-rounded and equipped to make a positive impact. In 2021, Lead Africa provided financial assistance to two of these hubs: LEAD Monrovia Football Academy in Monrovia, Liberia, established in 2015, and LEAD Morocco in El Mansouria Benslimane, Morocco, established in 2019. The organization contributed $377,611 to LEAD Monrovia Football Academy and $142,500 to LEAD Morocco, demonstrating its commitment to nurturing future leaders through its support of these hubs.
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Impact
July, 2024
Lead Africa's impact includes providing financial support to leadership hubs that offer a combination of high-quality education, elite sport training, good nutrition, healthcare, and life skills to empower future leaders. In 2021, Lead Africa made significant grants to two hubs: the Lead Monrovia Football Academy in Monrovia, Liberia, established in 2015, and Lead Morocco in El Mansouria Benslimane, Morocco, established in 2019. Lead Africa provided $377,611 of support to the Lead Monrovia Football Academy and $142,500 to Lead Morocco. These investments are helping to create opportunities for youth in Africa to develop leadership skills, access quality education, and reach their full potential.
This information is meant to be a general summary of Lead Africa. 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: $6
- Gross Receipts: $1,580,241
Assets and Liabilities:
- Total Assets: $1,012,226
- Total Liabilities: $5,044
- Net Assets: $1,007,182
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Organization Details
Founding Year
2018
Principal Officer
Will Smith
Main Address
222 CENTRAL PARK SOUTH APT 15, NEW YORK, NY, 100191408
Website
www.leadedu.orgNTEE Category
Code: B99 - Education
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