Overview
What is Leadership Training & Education Fund?
The Leadership Training & Education Fund is a nonprofit entity that supports employers by reimbursing the expenses incurred due to releasing employees for leadership training and education programs. This initiative has benefited around 16,968 participants, contributing to their professional growth and development. The fund's primary objective is to facilitate leadership training and education opportunities, thereby empowering individuals and fostering organizational growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Leadership Training & Education Fund has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and financial management. The charity’s overall score is derived entirely from its Accountability & Finance metrics, where it scored an impressive 90%. This high rating reflects the organization’s commitment to transparency and ethical financial practices.
Key strengths of the Leadership Training & Education Fund include its fully independent board, which scored 100% in having eight out of eight independent members. Additionally, the organization has shown excellent oversight in financial management, with all key areas receiving full points, such as an effective audit and oversight committee and a solid ratio of program expenses to total expenses, which stands at nearly 95%. This suggests that the majority of its funds are directed toward its programs, which is a positive indicator for potential donors.
While the organization demonstrates strong financial health and governance, the summary does not address any potential limitations or areas for improvement. Overall, the Leadership Training & Education Fund appears to be a reliable and well-managed nonprofit focused on its mission without any significant reported issues.
This AI summary has been generated from information found on Charity Navigator.
Is Leadership Training & Education Fund legitimate?
Leadership Training & Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Training & Education Fund 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
What is the mission statement of Leadership Training & Education Fund?
The Leadership Training & Education Fund's mission is to support employers by reimbursing the costs they incur when releasing their employees for leadership training and education programs. This initiative aims to empower a significant number of individuals, approximately 16,968 participants, by providing them with opportunities for professional development. By doing so, the fund contributes to the enhancement of leadership skills and capabilities within various organizations.
Who is the CEO of Leadership Training & Education Fund?
James Beard is the Co-Chairman of Leadership Training & Education Fund.
What is the revenue of Leadership Training & Education Fund?
Leadership Training & Education Fund's revenue in 2022 was $2,340,970.
Who are the executives of Leadership Training & Education Fund and what are their salaries?
There 5 volunteers at Leadership Training & Education Fund.
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Leadership Training & Education Fund?
Leadership Training & Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Leadership Training & Education Fund
The Leadership Training & Education Fund serves a unique purpose by reimbursing employers for expenses they incur when releasing their employees to participate in leadership training and education programs. This fund, which has benefited approximately 16,968 participants, plays a crucial role in fostering leadership development and professional growth among individuals. By alleviating the financial burden on employers, the Leadership Training & Education Fund encourages businesses to invest in their employees' education, thereby contributing to a more skilled and motivated workforce.
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Impact
July, 2024
The Leadership Training & Education Fund has a significant impact on workforce development by reimbursing employers for costs incurred in releasing employees for leadership training and education programs. This support has enabled approximately 16,968 participants to access valuable training and education opportunities. By providing this assistance, the organization helps empower individuals to enhance their leadership skills, further their education, and contribute positively to their workplaces and communities.
This information is meant to be a general summary of Leadership Training & Education Fund. 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: $152
- Program Service Revenue: $2,340,818
- Gross Receipts: $2,340,970
Assets and Liabilities:
- Total Assets: $1,448,281
- Total Liabilities: $38,920
- Net Assets: $1,409,361
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,335,168
LIQUIDATED DAMAGES
Revenue
$5,650
Organization Details
Founding Year
2000
Phone
(510) 337-3050Principal Officer
James Beard
Main Address
1055 PARK VIEW DR STE 111, COVINA, CA, 91724
NTEE Category
Code: J22 - Employment
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