Overview
What is Leaders For Life Inc?
Leaders For Life Inc, based in Newark, New Jersey, is a nonprofit organization located at 84 Clinton Place, committed to empowering at-risk youth in the local area. Their primary mission involves offering educational and mentoring services, preparing students to excel in the High School Equivalence exam through comprehensive coursework and rigorous instruction. This 16-week program not only focuses on passing the exam but also emphasizes the development of essential life skills, fostering personal growth. Leaders For Life Inc employs a team of six individuals, dedicated to making a positive impact in the community.
Official website here: www.leaders4lifenj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
Leaders For Life Inc has received a low rating of 58%, which corresponds to a One-Star out of Four Stars designation, indicating significant concerns regarding its accountability and financial transparency. The organization has no independent board members, raising questions about governance practices. While they have a good program expense ratio of 87.36%, which suggests that a large portion of funds is directed towards programs, the lack of financial statements and other essential policies is troubling.
The organization has listed a conflict of interest policy but is missing critical documents such as a whistleblower policy and a document retention policy. This absence of documentation could hinder transparency and accountability, which are vital for trust among donors and beneficiaries. Additionally, although the organization has appropriately recorded its board meeting minutes, the overall lack of financial disclosure is a significant limitation.
Despite these issues, Leaders For Life Inc shows some strengths in managing its liabilities, with a favorable assets-to-liabilities ratio of 0.62%. However, the combination of governance weaknesses and incomplete financial documentation underscores the need for improvement in their operational practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Leaders For Life Inc?
96% of 12 reviewers on Facebook recommend Leaders For Life Inc. Here is a summary of their reviews:
The organization appears to inspire positive sentiments among those connected to it, with one reviewer expressing a deep belief in the mission and impact of the work being done. Comments highlight the influence and inspiration provided through the initiatives led by individuals associated with the nonprofit.
Overall, the reviews convey a strong endorsement of the organization, suggesting that it is functioning effectively and resonating well with supporters and community members alike.
This AI summary has been generated from reviews found on Facebook.
Is Leaders For Life Inc legitimate?
Leaders For Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leaders For Life 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: $246,419
For more financial information, click here
Official website here: www.leaders4lifenj.org
What is the mission statement of Leaders For Life Inc?
Leaders For Life Inc, as an organization, is dedicated to providing educational and mentoring services to at-risk youth in various areas. Their primary mission involves preparing these young individuals for the High School Equivalence exam. Through their program, they offer rigorous instruction and coursework, aiming to equip students with the necessary skills to excel in the exam while simultaneously fostering personal growth. The organization operates over a 16-week period, ensuring a comprehensive approach to learning and development.
Official website here: www.leaders4lifenj.org
Who is the CEO of Leaders For Life Inc?
Altark White is the Board Member of Leaders For Life Inc. The CEO's salary of Leaders For Life Inc is $0 and their total compensation is $0.
Official website here: www.leaders4lifenj.org
What is the revenue of Leaders For Life Inc?
Leaders For Life Inc's revenue in 2022 was $1,163,569.
Official website here: www.leaders4lifenj.org
Who are the executives of Leaders For Life Inc and what are their salaries?
The average compensation at Leaders For Life Inc during 2022 was $41,070. There are 6 employees at Leaders For Life Inc.
Here are 6 key members and their salaries (Leaders For Life Inc's CEO's salary is $0 and their total compensation is $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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.leaders4lifenj.org
Where can I find the form 990 for Leaders For Life Inc?
Leaders For Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leaders4lifenj.org
Learn more at the official website: www.leaders4lifenj.org
Mission Statement of Leaders For Life Inc
Leaders For Life Inc, as an organization, is dedicated to offering educational and mentoring services to at-risk youth in broader Newark areas. Their mission is twofold: firstly, they prepare students to excel in the High School Equivalency exam by providing intensive coursework and rigorous instruction. This instruction not only equips students with the necessary skills to pass the exam but also fosters personal growth and knowledge expansion. Secondly, Leaders For Life Inc supports the holistic development of these students, ensuring they acquire essential life skills necessary for success beyond the exam. This 16-week preparation period is designed with the aim of empowering these at-risk youth, providing them with the tools they need to navigate their lives effectively.
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Impact
July, 2024
Leaders For Life Inc has a significant impact on at-risk youth in the greater Newark area by providing educational and mentoring services. Through their Leaders for Life Alternative High School program, they prepare students to successfully pass the High School Equivalence exam. By offering rigorous instruction and life skills training over a 16-week period, Leaders For Life Inc equips students with the tools they need to succeed academically and personally. This support contributes to the growth and development of at-risk youth, empowering them to overcome challenges and reach their full potential.
This information is meant to be a general summary of Leaders For Life 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.
- Gross Receipts: $1,163,569
Assets and Liabilities:
- Total Assets: $1,001,533
- Total Liabilities: $6,306
- Net Assets: $995,227
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Organization Details
Founding Year
2013
Phone
(973) 856-6289Principal Officer
Altark White
Main Address
84 Clinton Place, Newark, NJ, 07108
Website
www.leaders4lifenj.orgNTEE Category
Code: P20 - Human services
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