Leading The Way With Dr Michael Youssef Inc
- Assets
- $25.2m
- Revenue
- $19.7m
- Investments
- $4.8m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/1989
- Data as of
- 06/2019
- EIN
- 58-1816773
Organization Overview
Leading The Way With Dr Michael Youssef Inc is located in Atlanta, GA. The organization was established in 1989. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leading The Way With Dr Michael Youssef 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 06/2019, Leading The Way With Dr Michael Youssef Inc generated $19.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $19.3m during the year ending 06/2019. While expenses have increased by 2.4% per year over the past 5 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.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,544,130 |
| Investment income | $121,769 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $269,025 |
| Net Gain/Loss on Asset Sales | -$19,511 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $118,138 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,688,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $150,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $427,601 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,397,196 |
| Pension plan accruals and contributions | $235,337 |
| Other employee benefits | $503,745 |
| Payroll taxes | $206,613 |
| Fees for services: Management | $11,450 |
| Fees for services: Legal | $14,284 |
| Fees for services: Accounting | $32,954 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $260,441 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $925,690 |
| Advertising and promotion | $21,241 |
| Office expenses | $132,344 |
| Information technology | $630,065 |
| Royalties | $0 |
| Occupancy | $255,895 |
| Travel | $273,741 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $628,124 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,014,828 |
| Insurance | $56,448 |
| All other expenses | $0 |
| Total functional expenses | $19,257,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,189,184 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,593 |
| 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 | $342,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,788,532 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,439 |
| Total assets | $25,177,851 |
| Accounts payable and accrued expenses | $589,826 |
| Grants payable | $0 |
| Deferred revenue | $9,143 |
| 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 | $794,391 |
| Total liabilities | $1,393,360 |
| Net assets without donor restrictions | $23,781,899 |
| Net assets with donor restrictions | $2,592 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $23,784,491 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Leading The Way With Dr Michael Youssef Inc has recieved totaling $804,870.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $367,880 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $104,183 |
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $100,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $80,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $56,000 |
Community Foundation Of West Georgia Inc Carrollton, GA PURPOSE: PROGRAM | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ligonier Ministries Inc Sanford, FL | $54,142,799 | $25,858,613 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |