New Leaders Council
- Assets
- $204.1k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Washington, DC
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 56-2581640
Organization Overview
New Leaders Council is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, New Leaders Council employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Leaders Council 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 12/2022, New Leaders Council generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEW LEADERS COUNCIL'S MISSION IS TO DEVELOP, CONNECT AND UPLIFT INCLUSIVE CROSS-SECTOR LEADERS WHO WILL TRANSFORM OUR COUNTRY THROUGH SOCIAL AND POLITICAL CHANGE ROOTED IN EQUITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
-THE NEW LEADERS COUNCIL (NLC) IS THE PREMIER LEADERSHIP AND PROFESSIONAL DEVELOPMENT, TRAINING, MENTORING, NETWORKING, AND CAREER AND POLITICAL ADVANCEMENT PROGRAM FOR YOUNG PROFESSIONALS. -IN 2022,THE FIRST-EVER NLC FELLOWS WORKBOOK, WRITTEN AND PRODUCED BY NLC ALUMNI, CREATED A FRAMEWORK FOR NLC'S CURRICULUM. WE TRAINED OVER 500 FELLOWS WHERE 78% IDENTIFIED AS BIPOC, 70% WERE WOMEN AND GENDER NON-CONFORMING, AND 40% IDENTIFIED AS LGBTQ+. NLC HEADQUARTERS ALSO INTRODUCED REGIONAL COORDINATORS TO OUR TEAM OF BACKBONE STAFF. THE NLC ALUMNI PARTNER WITH THE NLC HEADQUARTER PROGRAMS TEAM TO EXPAND CAPACITY THAT SUPPORTS THE NATIONAL NETWORK OF CHAPTERS AND VOLUNTEERS. AS A CONNECTING LINK BETWEEN CHAPTER VOLUNTEERS AND NLC HEADQUARTERS, EACH REGIONAL COORDINATOR USE THEIR EXPERTISE AS LONG-TIME NLC VOLUNTEERS TO EXECUTE A ROBUST SUPPORT MODEL THAT DIRECTLY EXPANDS CHAPTERS' CAPACITY. -NLC HEADQUARTERS CONDUCTED THE 2022 ALUMNI SURVEY TO BETTER UNDERSTAND HOW THE NLC MAKES AN INDIVIDUAL IMPACT FOR FELLOWS WHILE ALSO CREATING COLLECTIVE IMPACT THROUGH THE KNOWLEDGE, SKILLS, AND RELATIONSHIPS THAT THE NLC OFFERS FELLOWS TO USE WITHIN THE CAUSES THEY LEAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clare Bresnahan English President & CEO | OfficerTrustee | 40 | $160,292 |
Chris Kelly Chair Emeritus | OfficerTrustee | 1 | $0 |
Adela Ghadimi Director | Trustee | 1 | $0 |
Robert Abernethy Director | Trustee | 1 | $0 |
Mark Walsh Chairman | OfficerTrustee | 1 | $0 |
Justin Braz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,328 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,002,272 |
| Noncash contributions included in lines 1a–1f | $25,234 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,004,600 |
| Total Program Service Revenue | $148,623 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,153,223 |
| 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. | $160,291 |
| Compensation of current officers, directors, key employees. | $16,029 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $396,611 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,668 |
| Payroll taxes | $42,678 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,307 |
| Fees for services: Accounting | $40,692 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $251,493 |
| Advertising and promotion | $7,545 |
| Office expenses | $67,255 |
| Information technology | $65,578 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $71,468 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $13,352 |
| Total functional expenses | $1,477,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,773 |
| 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 | $19,345 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $204,118 |
| Accounts payable and accrued expenses | $89,430 |
| Grants payable | $0 |
| Deferred revenue | $113,303 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $50,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $252,733 |
| Net assets without donor restrictions | -$49,665 |
| Net assets with donor restrictions | $1,050 |
| 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 | $204,118 |