Leadertreks Inc
- Assets
- $1.9m
- Revenue
- $1.6m
- Investments
- $907.3k
- Employees
- 10
- Location
- West Chicago, IL
- Founding
- 04/2002
- Data as of
- 09/2023
- EIN
- 36-4109289
Organization Overview
Leadertreks Inc is located in West Chicago, IL. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 09/2023, Leadertreks Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadertreks 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, Leadertreks Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $1.4m during the year ending 09/2023. While expenses have increased by 3.5% per year over the past 4 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
TO PROVIDE GOSPEL MISSION TRAINING AND HANDS-ON MINISTRY EXPERIENCE FOR YOUNG CHRISTIANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF MISSIONARIES IN THE MISSION FIELD BOTH LOCALLY AND INTERNATIONALLY.
GOSPEL MISSION TRAINING AND SIGNIFICANT HANDS-ON MINISTRY EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Franklin President | OfficerTrustee | 40 | $287,844 |
Angela Franklin Director | Trustee | 40 | $144,833 |
Chuck Adair Director | Trustee | 5 | $0 |
John Vandervelde Director | Trustee | 5 | $0 |
Michael Bertsche Director | Trustee | 5 | $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 | $91,604 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,604 |
| Total Program Service Revenue | $923,196 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $561,827 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,576,647 |
| 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. | $432,677 |
| Compensation of current officers, directors, key employees. | $170,357 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,743 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,842 |
| Payroll taxes | $51,073 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,623 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,594 |
| Advertising and promotion | $147,881 |
| Office expenses | $36,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,228 |
| Travel | $11,267 |
| 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 | $24,000 |
| Insurance | $37,900 |
| All other expenses | $10,242 |
| Total functional expenses | $1,411,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $724,378 |
| 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 | $165,088 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $66,854 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $907,322 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,863,642 |
| Accounts payable and accrued expenses | $1,931 |
| 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 | $1,931 |
| Net assets without donor restrictions | $1,861,711 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,863,642 |