Lead Collective Inc
- Assets
- $630.8k
- Revenue
- $987.1k
- Investments
- $0.0
- Employees
- 18
- Location
- Greenville, SC
- Founding
- 03/2009
- Data as of
- 09/2023
- EIN
- 26-4046643
Organization Overview
Lead Collective Inc is located in Greenville, SC. The organization was established in 2009. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 09/2023, Lead Collective Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lead Collective Inc 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 09/2023, Lead Collective Inc generated $987.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $816.8k during the year ending 09/2023. While expenses have increased by 28.9% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVING YOUTH AND FAMILIES FROM UNDER-RESOURCED COMMUNITIES THROUGHOUT GREENVILLE.WE EXIST TO BUILD AUTHENTIC RELATIONSHIPS THAT LEAD TO THE TRANSFORMATION OF INDIVIDUALS AND COMMUNITIES, ACCORDING TO GODS VISION FOR RENEWAL.
Describe the Organization's Program Activity:
SERVING YOUTH AND FAMILIES FROM UNDER-RESOURCED COMMUNITIES THROUGHOUT GREENVILLE.WE EXIST TO BUILD AUTHENTIC RELATIONSHIPS THAT LEAD TO THE TRANSFORMATION OF INDIVIDUALS AND COMMUNITIES, ACCORDING TO GODS VISION FOR RENEWAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cameron Hill Executive Dir. | Officer | 40 | $67,447 |
Ryan Mccrary Director | Trustee | 5 | $0 |
Joy Hill Director | Trustee | 5 | $0 |
Henry Parr Director | Trustee | 5 | $0 |
Allen Chaney Director | Trustee | 5 | $0 |
Charnise Mangle Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $22,104 |
| Fundraising events | $73,246 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $786,994 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $882,344 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $73,247 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $31,484 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $987,075 |
| 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. | $67,447 |
| Compensation of current officers, directors, key employees. | $47,213 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $400,801 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,813 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,310 |
| 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 | $14,787 |
| Advertising and promotion | $10,160 |
| Office expenses | $6,647 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,713 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,336 |
| Insurance | $45,456 |
| All other expenses | $88,269 |
| Total functional expenses | $816,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,766 |
| 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 | $449,003 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,000 |
| Total assets | $630,769 |
| Accounts payable and accrued expenses | $129 |
| 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 | $199,403 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $199,532 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $431,237 |
| 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 | $630,769 |