Launching Leaders Worldwide Inc
- Assets
- $72.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar City, UT
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 47-5158671
Organization Overview
Launching Leaders Worldwide Inc is located in Cedar City, UT. The organization was established in 2016. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launching Leaders Worldwide 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 12/2021, Launching Leaders Worldwide Inc generated $77.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (33.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE HELP THE MILLENNIAL GENERATION FIND FULFILLMENT AND SUCCESS THROUGH APPLYING PROVEN PRINCIPLES AND SPIRITUALITY TO THEIR EVERYDAY LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael R Leonard Executive Director | 20 | $0 | |
James Ritchie Director | 5 | $0 | |
Steven A Hitz Director | 10 | $0 | |
Laurence William Day Director | 2 | $0 | |
Terry Pitts Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,030 |
| Total Program Service Revenue | $97 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,226 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $18,640 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,597 |
| Total expenses | $31,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,289 |
| Other assets | $0 |
| Total assets | $72,289 |
| Total liabilities | $151,380 |
| Net assets or fund balances | -$79,091 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Launching Leaders Worldwide Inc has recieved totaling $8,100.
| Awarding Organization | Amount |
|---|---|
| $8,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Silicon Slopes Lehi, UT | $2,661,490 | $5,981,892 |
Jobs For Nevadas Graduates Inc Las Vegas, NV | $2,371,026 | $5,045,525 |
Street Business School Niwot, CO | $2,508,197 | $1,732,251 |
Bicycle Colorado Denver, CO | $923,055 | $2,339,915 |
Literacy Connects Tucson, AZ | $3,553,205 | $2,396,997 |
Sutherland Institute Salt Lake City, UT | $497,702 | $1,430,169 |
American Indian Alaska Native Tourism Association Albuquerque, NM | $950,237 | $1,198,179 |
Compassion & Choices Action Network Littleton, CO | $14,650,551 | $2,030,368 |
Literacy Volunteers Of Maricopa County Inc Phoenix, AZ | $1,596,553 | $1,048,838 |
New Mexico Coalition For Literacy Santa Fe, NM | $177,105 | $957,169 |
Heartland Institute For Financial Education Greenwood Village, CO | $588,179 | $793,728 |
English Skills Learning Center Salt Lake City, UT | $213,130 | $971,365 |