Developing The Next Leaders Inc is located in Westborough, MA. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Developing The Next Leaders 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 12/2018, Developing The Next Leaders Inc generated $19.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
CREATING A PATHWAY FOR SUCCESS IN CORPORATE WORK SETTINGS FOR MEN AND WOMEN FROM LESS FORTUNATE BACKGROUNDS, AS WELL AS FORMER MILITARY PERSONNEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colin Lake President/dir | 2 | $0 | |
Jim Lake Treasurer/dir | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $18,964 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $18,964 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,050 |
Other expenses | $13,816 |
Total expenses | $19,066 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |