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Lever For Change

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

EIN: 833044655 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Lever For Change?

Lever For Change is a nonprofit organization based in Chicago, Illinois. Their primary focus is to catalyze philanthropic capital and foster social change globally, tackling significant challenges. They achieve this by organizing customized competitions for philanthropists and connecting them with top-vetted proposals. These opportunities are sourced either through their own competitions or from a searchable online database called the Bold Solutions Network. This database serves as a platform to discover and engage with high-impact philanthropic initiatives, linking nonprofits and problem solvers with substantial funding.


Official website here: www.leverforchange.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star Rating

Lever For Change has received an impressive 96% rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. This score indicates that the organization is effectively managed and operates with a high level of transparency. The four-star rating is significant as it demonstrates a proven track record of responsible stewardship of donor funds.

One of the notable strengths of Lever For Change is its governance structure, with 80% of board members being independent, which enhances its objectivity and decision-making process. The organization scores perfectly in several areas, including its conflict of interest policy and audit oversight, indicating robust financial practices. Furthermore, an impressive program expense ratio of 83.96% shows that a substantial portion of its budget is directed towards its mission-related activities.

While the data does not highlight any major limitations, the overall rating underscores the importance of continued fiscal responsibility and transparency as the organization grows. Maintaining these high standards will be crucial for retaining donor trust and effectively achieving its goals in the future.


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

What do the Facebook reviews say about Lever For Change?

100% of 19 reviewers on Facebook recommend Lever For Change. Here is a summary of their reviews:

The sentiment towards Lever For Change is overwhelmingly positive, with users expressing gratitude for the organization and its mission. Many individuals feel fortunate to have discovered this nonprofit, appreciating the impact it aims to make in the community.

Overall, it is clear that the organization resonates well with those who have interacted with it, inspiring a sense of hope and support among its advocates.


This AI summary has been generated from reviews found on Facebook.

Is Lever For Change legitimate?

Lever For Change is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lever For Change 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: $0

For more financial information, click here


Official website here: www.leverforchange.org

What is the mission statement of Lever For Change?

Lever For Change's mission is to unlock substantial philanthropic capital and expedite social change globally, focusing on the world's most pressing challenges. The organization accomplishes this by aiding philanthropists in sourcing vetted, high-impact philanthropic opportunities and connecting nonprofits and problem solvers with substantial philanthropic capital. Lever For Change manages customized competitions for philanthropists, matching donors with the top vetted proposals from such competitions in a searchable online database known as the Bold Solutions Network.


Official website here: www.leverforchange.org

Who is the CEO of Lever For Change?

Unavailable The CEO's salary of Lever For Change is $380,137 and their total compensation is $475,171.


Official website here: www.leverforchange.org

What is the revenue of Lever For Change?

Lever For Change's revenue in 2022 was $4,638,803.


Official website here: www.leverforchange.org

Who are the executives of Lever For Change and what are their salaries?

There 171 volunteers at Lever For Change.


Here are 9 key members and their salaries (Lever For Change's CEO's salary is $380,137 and their total compensation is $475,171):


Cecilia Conrad (Chief Executive Officer)
  • Compensation: $380,137
  • Related: $95,034
  • Other: $0
James Manyika (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Stasch (Director / Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Taliento (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reid Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Mintz (Secretary)
  • Compensation: $53,616
  • Related: $616,584
  • Other: $0
Trisha Pomerenk (Treasurer)
  • Compensation: $37,802
  • Related: $138,998
  • Other: $0
Bradford Ballast (Chief Of Operations)
  • Compensation: $204,529
  • Related: $0
  • Other: $0
Dana Rice (Vice President, Philanthropy)
  • Compensation: $254,642
  • Related: $0
  • Other: $0


Official website here: www.leverforchange.org

Where can I find the form 990 for Lever For Change?

Lever For Change's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.leverforchange.org

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

Mission Statement of Lever For Change

Lever For Change is an organization with a mission to catalyze significant philanthropic capital and drive social change globally, focusing on the world's most pressing challenges. They achieve this by serving as a bridge between philanthropists and high-impact opportunities. Lever For Change accomplishes this in two ways: by designing and managing customized competitions, where donors are matched with the top-vetted proposals from these competitions, and by connecting nonprofits and problem solvers to substantial philanthropic capital through a searchable online database called the Bold Solutions Network. This network serves as a repository of vetted solutions, allowing philanthropists to easily identify and invest in impactful initiatives. In essence, Lever For Change facilitates the process of sourcing and funding impactful philanthropic opportunities, thereby accelerating social change around the world.

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Impact




July, 2024

Lever for Change's impact lies in unlocking significant philanthropic capital and accelerating social change around the world's most pressing challenges. By designing and managing customized competitions, Lever for Change helps philanthropists source vetted, high-impact opportunities. The organization matches donors with the top vetted proposals from these competitions through the Bold Solutions Network, a searchable online database. Lever for Change's model of competition management enables the connection of philanthropic capital with impactful solutions, creating a tangible and measurable impact on global issues.




This information is meant to be a general summary of Lever For Change. 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
$4,638,803 (2022)
Expenses
$7,679,368 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,991
  • Program Service Revenue: $2,613,879
  • Gross Receipts: $4,638,803

Assets and Liabilities:

  • Total Assets: $14,618,045
  • Total Liabilities: $695,120
  • Net Assets: $13,922,925

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Programs

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

COMPETITION

Revenue

$2,613,879

Organization Details

Founding Year

2019

Main Address

140 South Dearborn Ste 300, Chicago, IL, 60603

NTEE Category

Code: T70 - Philanthropy

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