Leadership Ministries Inc
- Assets
- $685.1k
- Revenue
- $491.9k
- Investments
- $170.0k
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- 07/1988
- Data as of
- 12/2022
- EIN
- 58-1705300
Organization Overview
Leadership Ministries Inc is located in Atlanta, GA. The organization was established in 1988. 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, Leadership Ministries Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Ministries 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 12/2022, Leadership Ministries Inc generated $491.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $584.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 4 years. 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
TO DEVELOP PEOPLE AND ORGANZATIONS IN ORDER TO MAXIMIZE THEIR POTENTIAL THROUGH GOSPEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAKFAST TABLES AND SITES GROWTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Maynard Director | OfficerTrustee | 40 | $123,536 |
Christopher White Chairman | OfficerTrustee | 10 | $9,728 |
Jeffrey P Adams Director | Trustee | 0 | $0 |
Alec Dicks Director | Trustee | 0 | $0 |
Jeff Muir Director | Trustee | 0 | $0 |
Jeff Shaw Director | Trustee | 0 | $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 | $267,676 |
| Noncash contributions included in lines 1a–1f | $13,540 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $267,676 |
| Total Program Service Revenue | $0 |
| Investment income | $3,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,447 |
| Net Income from Fundraising Events | $213,628 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $491,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,175 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,843 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $147,169 |
| Payroll taxes | $3,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,668 |
| Advertising and promotion | $0 |
| Office expenses | $1,889 |
| Information technology | $24,411 |
| Royalties | $0 |
| Occupancy | $36,680 |
| Travel | $1,078 |
| 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 | $4,963 |
| Insurance | $2,889 |
| All other expenses | $1,514 |
| Total functional expenses | $584,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,455 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,700 |
| 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 | $12,304 |
| Net Land, buildings, and equipment | $9,939 |
| Investments—publicly traded securities | $133,131 |
| Investments—other securities | $170,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,535 |
| Total assets | $685,064 |
| Accounts payable and accrued expenses | $29,394 |
| 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 | $29,394 |
| Net assets without donor restrictions | $185,601 |
| Net assets with donor restrictions | $470,069 |
| 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 | $685,064 |