Leaders Branch
- Assets
- $55.9k
- Revenue
- $55.1k
- Investments
- $0.0
- Employees
- 0
- Location
- St Thomas, VI
- Founding
- Data as of
- 12/2021
- EIN
- 66-0933383
Organization Overview
Leaders Branch is located in St Thomas, VI. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leaders Branch 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, Leaders Branch generated $55.1k in total revenue. All expenses for the organization totaled $15.9k during the year ending 12/2021. While expenses have increased by 90.1% per year over the past 2 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A SERIES OF FREE FINANCIAL LITERACY WORKSHOPS FOR TEENS AND YOUNG ADULTS OVER THE SUMMER MONTHS OF JUNE THROUGH AUGUST. THE WORKSHOPS TRAINED OVER 200 TEENS AND YOUNG ADULTS IN THE TERRITORY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kwesi Gumbs Chairman | 5 | $0 | |
Anuska Callwood Treasurer | 2 | $0 | |
Kenza Gumbs Secretary | 1 | $0 | |
Kendra Roach President | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,052 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,000 |
| Printing and publications | $1,500 |
| Other expenses | $4,916 |
| Total operating and administrative expenses | $11,366 |
| Contributions, gifts, grants paid | $4,524 |
| Total expenses and disbursements | $15,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $802 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $39,552 |
| Net Pledges Receivable | $0 |
| Grants receivable | $15,500 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $55,854 |
| Accounts payable and accrued expenses | $11,366 |
| Grants payable | $4,524 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,890 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Leaders Branch has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of The Virgin Islands Inc St Thomas, VI PURPOSE: YOUTH PROGRAMS | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of The Virgin Islands Inc St Thomas, VI | $18,108,646 | $4,188,957 |
Ys Kim Foundation Inc St Thomas, VI | $44,300 | $890,503 |
Prior Family Foundation St Thomas, VI | $9,377,478 | $259,099 |
Leaders Branch St Thomas, VI | $55,854 | $55,052 |
Sidney Lee Dream Foundation Inc Christiansted, VI | $0 | $0 |
Richard Hill Lambertsen Foundation Christiansted, VI | $38,452 | $130 |
Gratitude America Ltd St Thomas, VI | $8,175,884 | $0 |