Effective Leadership Academy
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 22
- Location
- Warrensville Heights, OH
- Founding
- 12/2009
- Data as of
- 12/2023
- EIN
- 26-3385437
Organization Overview
Effective Leadership Academy is located in Warrensville Heights, OH. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Effective Leadership Academy employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Effective Leadership Academy 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 12/2023, Effective Leadership Academy generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 14.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ELA'S MISSION IS TO HELP PEOPLE DEVELOP THEIR MOST VALUABLE ASSET - THEMSELVES. OUR GOAL IS TO EQUIP PEOPLE WITH THE SKILLS AND TOOLS THEY NEED TO LEARN, EARN, AND CONFIDENTLY NAVIGATE THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADS (LEADERSHIP, EDUCATION AND DEVELOPMENT SERIES) PROGRAM: LEADS IS A MULTI-DAY LEADERSHIP DEVELOPMENT PROGRAM. WE COVER CORE TOPICS THAT HELP STUDENTS LEARN HOW TO COLLABORATE, THINK CRITICALLY, COMMUNICATE EFFECTIVELY, AND CREATIVELY SOLVE PROBLEMS WHILE COLLABORATIVELY WORKING TOGETHER. SESSIONS ARE TYPICALLY HELD OVER A THREE-DAY PERIOD, FOR 2-3 HOURS EACH DAY. THE FLEXIBLE, INTENSIVE PROGRAM DELIVERY HELPS SCHOOLS TO MORE EASILY WORK LEADS INTO THEIR SCHOOL DAY, WHILE IMMERSING STUDENTS IN 21ST CENTURY LEARNING.
CHAMBER LEADERSHIP ACADEMY: CHAMBER LEADERSHIP ACADEMY HIGH SCHOOL PROGRAMS ARE FIVE-DAY, SCHOOL-YEAR PROGRAMS HELD IN COLLABORATION WITH LOCAL CHAMBERS OF COMMERCE. EACH DAY HAS A DIFFERENT THEME (E.G., GOVERNMENT DAY, ENTREPRENEURSHIP DAY) AND ELA PROVIDES LEADERSHIP AND SELF-DEVELOPMENT TRAINING TO STUDENTS OVER CORE RELATED TOPICS, INCLUDING TEAMWORK, NETWORKING, AND MAKING PRESENTATIONS. FOLLOWING THE TRAINING SESSION EACH DAY, A PANEL OF EXPERTS FROM THE COMMUNITY HOLD QUESTION AND ANSWER SESSIONS WITH THE STUDENTS IN ATTENDANCE, GIVING THEM A REAL-WORLD TASTE OF WHAT WE TEACH THEM EARLIER, AS WELL AS AN AWARENESS OF MANY CAREER OPPORTUNITIES.
PATHWAY TO SUCCESS/TRANSITIONS PROGRAM (PREVIOUSLY CALLED TRANSITIONS PROGRAM): THE TRANSITIONS PROGRAM SERVES AS A BRIDGE TO ADDRESS THE SOCIAL, EMOTIONAL, AND ACADEMIC CHALLENGES STUDENTS FACE DURING IMPORTANT PIVOT POINTS DURING THEIR EDUCATION (USUALLY FROM 5-6TH GRADE, 7-8TH GRADE, AND 8-9TH GRADE, BUT ALSO FOR OTHER GRADES UPON SCHOOL REQUEST). THE PROGRAM WILL DELIVER SKILLS SPECIFICALLY NEEDED FOR THIS TRANSITIONAL PERIOD SUCH AS TIME MANAGEMENT, LIFE BALANCE AND GOAL SETTING TO NAME A FEW. (AVAILABLE IN A VIRTUAL CLASSROOM EXPERIENCE, AND A REENTRY FACILITY)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Ostrander Director | Trustee | 2 | $0 |
Gregory Costabile Director | Trustee | 2 | $0 |
Pat Stolarski Director/governance Lead | Trustee | 2 | $0 |
Gerard Daher Director | Trustee | 2 | $0 |
Kim Pajer Director | Trustee | 2 | $0 |
Raymond Mason Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $162,335 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $532,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $695,089 |
| Total Program Service Revenue | $891,972 |
| Investment income | $21,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$12,373 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,596,639 |
| 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. | $115,951 |
| Compensation of current officers, directors, key employees. | $15,367 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $827,483 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,531 |
| Office expenses | $0 |
| Information technology | $15,940 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $19,559 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $490 |
| Insurance | $3,297 |
| All other expenses | $30,682 |
| Total functional expenses | $1,208,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $992,712 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $35,767 |
| Accounts receivable, net | $206,537 |
| 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 | $1,049 |
| Net Land, buildings, and equipment | $1,103 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,950 |
| Total assets | $1,260,118 |
| Accounts payable and accrued expenses | $68,113 |
| Grants payable | $0 |
| Deferred revenue | $1,617 |
| 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 | $22,950 |
| Total liabilities | $92,680 |
| Net assets without donor restrictions | $1,047,634 |
| Net assets with donor restrictions | $119,804 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,260,118 |