Leaders In Tech Inc
- Assets
- $1.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- San Francisco, CA
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 82-2388862
Organization Overview
Leaders In Tech Inc is located in San Francisco, CA. The organization was established in 2017. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2021, Leaders In Tech Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leaders In Tech 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 12/2021, Leaders In Tech Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $945.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE EDUCATIONAL LEADERSHIP PROGRAMS FOR EXECUTIVES IN THE TECH STARTUP SECTOR, TO CREATE INITIATIVES FOR INCREASED GENDER EQUALITY IN THE TECH STARTUP SECTOR, AND TO ENGAGE IN OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CREATE EDUCATIONAL LEADERSHIP PROGRAMS FOR MALE AND FEMALE EXECUTIVES IN THE TECH STARTUP SECTOR AND TO CREATE INITIATIVES FOR INCREASED EDUCATION IN GENDER EQUALITY IN THE TECH STARTUP SECTOR. THE LEADERS IN TECH FELLOWS PROGRAM IS A TEN MONTH PROGRAM FOR A CURATED CROUP OF DIVERSE LEADERS OF HIGH GROWTH TECH COMPANIES WHO ARE COMMITTED TO BUILDING HIGH-PERFORMING AND CULTURALLY HEALTHY ORGANIZATIONS. COMMUNITY GOALS ARE TO: 1) FOSTER AN INTIMATE ENVIRONMENT WHERE TECH LEADERS SUPPORT EACH OTHER IN ADDRESSING THEIR MOST PRESSING CHALLENGES; 2) PROVIDE A VENUE FOR EACH PARTICIPANT TO BECOME MORE INTERPERSONALLY INFLUENTIAL AND SKILLED AS A LEADER; 3) BUILD A DIVERSE COMMUNITY; AND 4) BUILD A VALUES-ALIGNED COMMUNITY OF COMMUNITY-MINDED, HUMANISTIC SERVANT LEADERS. IN 2021, LEADERS IN TECH ADMITTED 24 FELLOWS. THE LEADERS IN TECH INTENSIVE RETREATS ARE 4-DAY INTENSIVE RETREATS THAT OFFER A TASTE OF THE LEADERS IN TECH FELLOWS PROGRAM AND IS OPEN TO FOUNDERS, EXECUTIVES, AND VENTURE CAPITALISTS. IN 2021, LEADERS IN TECH ACCEPTED 36 PARTICIPANTS INTO 3 RETREATS. THE LEADERS IN TECH CONTINUATION PROGRAM FOR FELLOW GRADUATES FACILITATES MONTHLY MEETINGS AND PERIODIC EVENTS FOR PARTICIPANTS WHO HAVE COMPLETED THE FELLOWS PROGRAM. IN 2021, LEADERS IN TECH LAUNCHED TWO PEER GROUP FOR 17 FELLOWS GRADUATES.
WE ACT AS THE FISCAL SPONSOR FOR INNERSPACE LEADERSHIP COMMUNITY WHICH LED LEADERSHIP RETREATS FOR STARTUP EXECUTIVES. THE PURPOSE OF THE RETREATS IS TO HELP PARTICIPATING EXECUTIVES DEVELOP EMOTIONAL INTELLIGENCE. THEIR INTENTION IS TO PROVIDE EXECUTIVES WITH THE TOOLS AND INSIGHTS THEY NEED TO BECOME MORE EFFECTIVE AND COMPASSIONATE LEADERS IN THEIR COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hannah Knapp Head Of Operations | 30 | $109,696 | |
Chase Adam Executive Dir. | Trustee | 30 | $34,038 |
Joseph Greenstein Dir/chairman | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Carole Robin Consulting/mgmt | 12/30/20 | $187,000 |
In Whack Consulting/mgmt | 12/30/20 | $100,900 |
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 | $46,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,000 |
| Total Program Service Revenue | $974,650 |
| Investment income | $5 |
| 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 | $1,021,405 |
| 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. | $34,037 |
| Compensation of current officers, directors, key employees. | $3,063 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,212 |
| Payroll taxes | $15,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $155 |
| Fees for services: Accounting | $5,564 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $469,181 |
| Advertising and promotion | $0 |
| Office expenses | $267 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $164,275 |
| Travel | $996 |
| 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 | $0 |
| Insurance | $6,415 |
| All other expenses | $22,100 |
| Total functional expenses | $945,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,693,509 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,239 |
| 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 | $4,330 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21 |
| Total assets | $1,744,099 |
| Accounts payable and accrued expenses | $76,790 |
| 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 | $0 |
| Total liabilities | $76,790 |
| Net assets without donor restrictions | $1,512,386 |
| Net assets with donor restrictions | $154,923 |
| 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 | $1,744,099 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Leaders In Tech Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Yagan Family Foundation Boulder, CO PURPOSE: PUBLIC CHARITY SUPPORT | $50,000 |
Yagan Family Foundation Boulder, CO PURPOSE: PUBLIC CHARITY SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California School Boards Association West Sacramento, CA | $20,596,502 | $19,484,567 |
Clark County Education Association Las Vegas, NV | $9,610,154 | $9,258,447 |
American Federation Of Teachers Lc 6361 San Francisco, CA | $2,978,110 | $8,081,042 |
California Association For Bilingual Education Walnut, CA | $8,277,202 | $6,094,460 |
Nevada State Education Association Las Vegas, NV | $3,615,920 | $4,845,245 |
Fund For Portland Public Schools Portland, OR | $3,364,436 | $3,238,281 |
California Teachers Association Economic Benefits Trust Burlingame, CA | $165,814,137 | $17,454,519 |
San Diego Education Association San Diego, CA | $3,000,891 | $2,995,523 |
California Library Association Pasadena, CA | $1,987,404 | $2,763,613 |
Debbie Allen Dance Inc Los Angeles, CA | $25,620,452 | $12,139,925 |
California It In Education Sacramento, CA | $2,831,192 | $2,707,740 |
Music Teachers Association Of California Walnut Creek, CA | $2,327,527 | $2,654,962 |