Lads To Leaders-Leaderettes Inc is located in Montgomery, AL. The organization was established in 1992. According to its NTEE Classification (O55) the organization is classified as: Youth Development - Religious Leadership, under the broad grouping of Youth Development and related organizations. As of 09/2022, Lads To Leaders-Leaderettes Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lads To Leaders-Leaderettes 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 09/2022, Lads To Leaders-Leaderettes Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $783.3k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP YOUTH INTO CHRISTIAN LEADERS.
Describe the Organization's Program Activity:
THE ORGANIZATION PROVIDES PROGRAMS THAT HELP TO INSTILL AND DEVELOP MORAL VALUES, CHARACTER AND LEADERSHIP SKILLS IN YOUTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gene Calhoun Treasurer | Officer | 2 | $0 |
Greg Tidwell Secretary | Officer | 2 | $0 |
David Mcdonald Vice Chairman | Officer | 2 | $0 |
Wayne Scott Chairman | Officer | 2 | $0 |
Jim Whitmire Board Member | Trustee | 2 | $0 |
Dick Boyd Ex-Officio Board | Trustee | 2 | $0 |
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 | $347,347 |
Noncash contributions included in lines 1a–1f | $6,048 |
Total Revenue from Contributions, Gifts, Grants & Similar | $347,347 |
Total Program Service Revenue | $602,474 |
Investment income | $1,325 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$530 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $76,819 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,049,981 |
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. | $134,357 |
Compensation of current officers, directors, key employees. | $9,674 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $226,104 |
Pension plan accruals and contributions | $9,196 |
Other employee benefits | $49,983 |
Payroll taxes | $27,851 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,391 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,774 |
Advertising and promotion | $10,122 |
Office expenses | $63,990 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $16,848 |
Travel | $54,439 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $78,402 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,112 |
Insurance | $29,636 |
All other expenses | $3,989 |
Total functional expenses | $783,251 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,924 |
Savings and temporary cash investments | $926,667 |
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 | $95,044 |
Prepaid expenses and deferred charges | $76,094 |
Net Land, buildings, and equipment | $192,005 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,295,734 |
Accounts payable and accrued expenses | $10,150 |
Grants payable | $0 |
Deferred revenue | $16,940 |
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 | $27,090 |
Net assets without donor restrictions | $1,249,469 |
Net assets with donor restrictions | $19,175 |
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 | $1,295,734 |
Over the last fiscal year, we have identified 2 grants that Lads To Leaders-Leaderettes Inc has recieved totaling $7,251.
Awarding Organization | Amount |
---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,901 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,350 |
Beg. Balance | $35,820 |
Ending Balance | $35,820 |
Organization Name | Assets | Revenue |
---|---|---|
Memphis Leadership Foundation Inc Memphis, TN | $2,752,638 | $7,362,693 |
Teen Missions International Inc Merritt Island, FL | $6,439,891 | $4,720,364 |
Shepherds Hill Academy Inc Martin, GA | $1,457,455 | $2,744,719 |
Reformed Youth Movement Inc Vestavia Hills, AL | $383,733 | $2,353,937 |
Growing Leaders Peachtree Corners, GA | $1,677,783 | $2,391,080 |
Rocketown Of Middle Tennessee Nashville, TN | $14,416,102 | $2,100,744 |
Passport Inc Birmingham, AL | $1,420,477 | $2,225,291 |
Youth For Christ Usa Inc Miami, FL | $2,327,738 | $1,912,996 |
For The Kingdom Inc Memphis, TN | $3,127,241 | $2,655,731 |
First Priority Of Broward County Inc Fort Lauderdale, FL | $1,246,859 | $1,836,558 |
Mentor Leaders Inc Crawfordville, FL | $1,258,838 | $1,073,882 |
Child Evangelism Fellowship Inc Lakeland, FL | $2,662,738 | $1,552,351 |