Cfleads
- Assets
- $13.4m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Accord, MA
- Founding
- 02/1994
- Data as of
- 12/2023
- EIN
- 43-1645180
Organization Overview
Cfleads is located in Accord, MA. The organization was established in 1994. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Cfleads employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cfleads 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, Cfleads generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 15.5% 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.
Since 2017, Cfleads has awarded 48 individual grants totaling $4,410,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELP COMMUNITY FOUNDATIONS BUILD STRONG COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARE KNOWLEDGE: INCREASED FIELD UNDERSTANDING OF THE VALUE OF COMMUNITY LEADERSHIP AS A CORE ORGANIZING STRATEGY FOR COMMUNITY IMPACT. HOSTED WEBINARS AND PRESENTED AT REGIONAL AND NATIONAL CONFERENCES. PUBLISHED BLOG POSTS, RESOURCES, AND NEWSLETTERS RELATED TO COMMUNITY LEADERSHIP AND COMMUNITY FOUNDATIONS' WORK. HOSTED A TWO-DAY IN-PERSON NATIONAL GATHERING FOR COMMUNITY FOUNDATIONS, FEATURING EDUCATIONAL AND MOTIVATIONAL SESSIONS, NATIONAL CONTENT EXPERTS, AND PROMINENT LEADERS IN THE FIELD. THE THEME OF THE GATHERING WAS "LEADING THROUGH CHANGE."
ORGANIZATION FOR IMPACT:MANAGED THE ACTIVITIES OF CONNECTING COMMUNITIES IN THE AMERICAS, AN INITIATIVE BETWEEN U.S., LATIN AMERICAN, SOUTH AMERICAN, AND CANADIAN COMMUNITY FOUNDATIONS TO BUILD STRONG TRANSNATIONAL COMMUNITIES. MADE GRANTS, FACILITATED PEER LEARNING, SUPPORTED TRAVEL EXCHANGES, AND HOSTED A CONVENING IN MEXICO.
BUILD ORGANIZATIONAL CAPACITY: CONTINUED TO BUILD UNDERSTANDING OF COMMUNITY LEADERSHIP AMONG COMMUNITY FOUNDATION BOARDS, SENIOR STAFF, AND PARTNERS. CREATED STRONG PEER CONNECTIONS AMONG COMMUNITY FOUNDATIONS. INFLUENCED THE ADOPTION OF COMMUNITY LEADERSHIP PRACTICES. CONCLUDED COHORT 7 OF EXECUTIVE LEADERSHIP INSTITUTE (ELI) FOR CEOS AND CONVENED FIRST AND SECOND MEETINGS OF COHORT 8. CONCLUDED ELI FOR VPS COHORT AND LAUNCHED A NEW COHORT, CONVENING ONE MEETING. FACILITATED ELI ALUMNI NETWORK CALLS FOR CEOS AND VPS. CONCLUDED PILOT OF ELI FOR CFOS.
GALVANIZE COMMUNITY FOUNDATION ACTION ON CRITICAL COMMUNITY ISSUES:RELEASED PUBLIC-FACING REPORT, ADVANCING ECONOMIC MOBILITY IN OUR COMMUNITIES. THIS REPORT DOCUMENTS THE RESULTS OF SIX COMMUNITY FOUNDATIONS ACROSS THE COUNTRY COMING TOGETHER TO ADVANCE ECONOMIC MOBILITY IN THEIR COMMUNITIES, USING A RACIAL EQUITY LENS. CONDUCTED EXTENSIVE OUTREACH TO THE COMMUNITY FOUNDATION FIELD TO INFORM THE NEXT PHASE OF CFLEADS' ECONOMIC MOBILITY WORK, SUPPORTED BY THE BILL & MELINDA GATES FOUNDATION. LAUNCHED THE ECONOMIC MOBILITY BLOG AND ONLINE SEMINAR SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaiah Oliver Chair | OfficerTrustee | 1.15 | $0 |
Rose Bradshaw Chair-Elect | OfficerTrustee | 1.15 | $0 |
Felecia L Lucky Secretary | OfficerTrustee | 1.15 | $0 |
Randy Royster Treasurer | OfficerTrustee | 1.15 | $0 |
Stuart Comstock-Gay Director | Trustee | 0.9 | $0 |
Eileen Connolly-Keesler Director | Trustee | 0.9 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lisa Schalla Consulting | 12/30/21 | $118,110 |
Impactive Solutions Consulting | 12/30/21 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $267,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,319,231 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,586,631 |
| Total Program Service Revenue | $185,225 |
| Investment income | $263,344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,444 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,036,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $74,000 |
| Grants and other assistance to domestic individuals. | $40,388 |
| Grants and other assistance to Foreign Orgs/Individuals | $48,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $302,612 |
| Compensation of current officers, directors, key employees. | $57,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $847,979 |
| Pension plan accruals and contributions | $73,669 |
| Other employee benefits | $94,039 |
| Payroll taxes | $94,518 |
| Fees for services: Management | $83,373 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $63,269 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,596 |
| Fees for services: Other | $726,958 |
| Advertising and promotion | $0 |
| Office expenses | $12,246 |
| Information technology | $48,723 |
| Royalties | $0 |
| Occupancy | $32,887 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $307,204 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,032 |
| All other expenses | $12,498 |
| Total functional expenses | $2,894,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,584,844 |
| Savings and temporary cash investments | $2,293,901 |
| Pledges and grants receivable | $2,070,139 |
| Accounts receivable, net | $100,000 |
| 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 | $873 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,310,218 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,359,975 |
| Accounts payable and accrued expenses | $81,686 |
| Grants payable | $0 |
| Deferred revenue | $53,771 |
| 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 | $135,457 |
| Net assets without donor restrictions | $7,233,791 |
| Net assets with donor restrictions | $5,990,727 |
| 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 | $13,359,975 |
Grants Awarded
Over the last fiscal year, Cfleads has awarded $72,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AYITI COMMUNITY TRUST PURPOSE: CONNECTING HAITIAN COMMUNITIES | $24,000 |
COMMUNITY FDN OF GRTR DUBUQUE PURPOSE: BUILDING BRIDGES FOR THE FUTURE | $24,000 |
SAN ANTONIO AREA FOUNDATION PURPOSE: BUILDING BRIDGES FOR THE FUTURE | $24,000 |