Leadership Edge Inc
- Assets
- $173.5k
- Revenue
- $533.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Durham, NC
- Founding
- 02/1994
- Data as of
- 06/2024
- EIN
- 75-2493687
Organization Overview
Leadership Edge Inc is located in Durham, NC. The organization was established in 1994. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2024, Leadership Edge Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Edge 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 06/2024, Leadership Edge Inc generated $533.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $614.2k during the year ending 06/2024. While expenses have increased by 4.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCELLENT LEADERSHIP TRAINING THROUGH AUTHENTIC MENTORING OF NEXT GENERATION LEADERS TO EQUIP THEM FOR A LIFESTYLE OF GOD-HONORING INFLUENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORING SERVICES:-------------------THE ORGANIZATION CONTINUED MENTORING UNIVERSITY STUDENTS AND YOUNG PROFESSIONALS. THERE WERE 69 MENTOR-MENTEE RELATIONSHIPS DURING THE YEAR, REPRESENTING 35 ACTIVE MENTORS AND 69 MENTEES. THESE TOTALS INCLUDE STUDENTS AT CEDARVILLE UNIVERSITY, DUKE UNIVERSITY, UNIVERSITY OF NORTH CAROLINA-CHAPEL HILL, AND MISCIO (KAMPALA, UGANDA). METROPOLITAN AREAS WITH LEI MENTORING RELATIONSHIPS WITH YOUNG PROFESSIONALS INCLUDED AUSTIN, DALLAS, FORT WORTH, HOUSTON, KANSAS CITY, LOS ANGELES, SAN DIEGO, SAN FRANCISCO, RALEIGH-DURHAM, TAMPA, AND WASHINGTON D.C.
PROGRAM DEVELOPMENT:-------------------THE ORGANIZATION LED FIVE COHORTS THROUGH ITS GROWING LEADERSHIP DEVELOPMENT PROGRAM. THIS PROGRAM CONSISTS OF TRAINING ON A VISION FOR ALL OF LIFE, A MODEL OF LEADERSHIP AND A METHOD OF MENTORING. 52 INDIVIDUALS ATTENDED THE TRAINING WITH MANY COMPLETING IT AND MOVING ON TO PUTTING THE TRAINING INTO PRACTICE AND BEGINNING MENTORING RELATIONSHIPS. THE ORGANIZATION ALSO CONDUCTED FOUR MENTOR TRAINING SESSIONS FOR 191 PEOPLE.
PARTNER DEVELOPMENT: --------------------THE ORGANIZATION CONTINUED HAVING DISCUSSIONS WITH CHURCHES AND OTHER CHRISTIAN NONPROFITS WHO WERE INTERESTED IN THE POTENTIAL UTILIZATION OF LEI PROGRAMMING WITHIN THEIR ORGANIZATIONS. CONVERSATIONS CENTERED ON HOW BEST TO TRAIN AND EQUIP MEN AND WOMEN WITHIN THE ORGANIZATIONS AS WELL AS THE COST TO IMPLEMENT THE PROGRAM WITHIN THE ORGANIZATION. LEI FURTHERED ITS PARTNERSHIP WITH MISCIO (FORMERLY WATOTO CHRISTIAN HALL) AND WORKED WITH A GROWING NUMBER OF CHURCHES INCLUDING:- CORNERSTONE CHURCH IN WARRENTON, VA- NEW HOPE CHURCH IN LORTON, VA- GRACE HILL CHURCH IN HILLSBOROUGH, NC- CHAPEL HILL BIBLE CHURCH IN CHAPEL HILL, NC- SANCTUARY CHURCH IN PROVIDENCE, RI- THE GROVE CHURCH IN KANSAS CITY, MO- RIVERPARK CHURCH IN KANSAS CITY, MO- WATOTO CHURCH IN KAMPALA, UGANDA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Melby President | OfficerTrustee | 50 | $114,730 |
John Hawkins Founder | 50 | $103,528 | |
Randal Boyts Director | Trustee | 10 | $0 |
Matthew Krauss Treasurer | OfficerTrustee | 2 | $0 |
Eric Smith Chairman | OfficerTrustee | 1 | $0 |
Natalie Cikos Leaman Director | Trustee | 1 | $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 | $514,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $514,550 |
| Total Program Service Revenue | $14,700 |
| Investment income | $4,554 |
| 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 | $533,804 |
| 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. | $240,856 |
| Compensation of current officers, directors, key employees. | $12,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,752 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,744 |
| Payroll taxes | $37,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,889 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,894 |
| Advertising and promotion | $0 |
| Office expenses | $197 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,248 |
| 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 | $1,758 |
| Insurance | $5,894 |
| All other expenses | $7,230 |
| Total functional expenses | $614,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,135 |
| Savings and temporary cash investments | $126,330 |
| 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 | $12,916 |
| Net Land, buildings, and equipment | $3,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $173,467 |
| Accounts payable and accrued expenses | $7,132 |
| 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 | $6,840 |
| Total liabilities | $13,972 |
| Net assets without donor restrictions | $159,495 |
| Net assets with donor restrictions | $0 |
| 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 | $173,467 |