Teen Leadership Corps
- Assets
- $1.3m
- Revenue
- $252.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Norwalk, OH
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 26-0324010
Organization Overview
Teen Leadership Corps is located in Norwalk, OH. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Teen Leadership Corps employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teen Leadership Corps is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Teen Leadership Corps generated $252.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $177.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE FINANCIAL AND EDUCATIONAL MEANS NECESSARY FOR SECONDARY SCHOOLS TO INCORPORATE A CHARACTER AND SERVICE BASED PROGRAM INTO THE MAINSTREAM CURRICULUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM REVENUE OBTAINED FOR FULFILLMENT OF THE GOALS OF THE ORGANIZATION INCLUDING GRANTS, DONATIONS, BOARD DUES, SPECIAL EVENTS AND OTHER CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Milkie Treasurer | Trustee | 1 | $0 |
Jane Kaftan Director | Trustee | 0 | $0 |
Jude Guerra Director | Trustee | 0 | $0 |
Mathew Old Executive Director | Trustee | 30 | $0 |
John Creamer Director | Trustee | 0 | $0 |
Heidi Gallagher Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,142 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,142 |
| Total Program Service Revenue | $0 |
| Investment income | $119,882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,163 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $252,487 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,300 |
| Compensation of current officers, directors, key employees. | $19,237 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,214 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,260 |
| Office expenses | $0 |
| Information technology | $1,352 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,780 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,913 |
| Interest | $257 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53 |
| Insurance | $4,997 |
| All other expenses | $2,324 |
| Total functional expenses | $177,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,373 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $587 |
| Investments—publicly traded securities | $1,272,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,283,207 |
| Accounts payable and accrued expenses | $1,898 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,898 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,281,309 |
| Total liabilities and net assets/fund balances | $1,283,207 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Teen Leadership Corps has recieved totaling $25,245.
| Awarding Organization | Amount |
|---|---|
Albert G And Olive H Schlink Foundation Sandusky, OH PURPOSE: EDUCATIONAL | $7,000 |
Geotrac Charitable Foundation Norwalk, OH PURPOSE: EDUCATION | $6,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $6,000 |
Hinman Family Charitable Trust Berlin Heights, OH PURPOSE: DONATION | $5,000 |
Allstate Foundation Northbrook, IL PURPOSE: AGENT - INDIVIDUAL HH GRANT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $245 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Lead The Way Inc Indianapolis, IN | $104,347,608 | $65,462,690 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Summit Academy Management Akron, OH | $25,217,091 | $45,520,259 |
Ohio Connections Academy Inc Mason, OH | $14,548,496 | $44,580,487 |
Lighthouse Academies Of Northwest Indiana Inc Gary, IN | $25,011,234 | $24,142,982 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Childrens Center For Developmental Enrichment Westerville, OH | $12,309,399 | $12,926,419 |
Ecumenical Community Hershey, PA | $4,358,759 | $9,348,993 |
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Rev1 Ventures Columbus, OH | $21,187,153 | $10,381,705 |
Integrity Educational Services Grand Rapids, MI | $1,165,431 | $9,051,642 |