David Novak Leadership Inc
- Assets
- $1.2m
- Revenue
- $3.0m
- Investments
- $616.7k
- Employees
- 0
- Location
- Louisville, KY
- Founding
- Data as of
- 12/2022
- EIN
- 85-2221144
Organization Overview
David Novak Leadership Inc is located in Louisville, KY. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. David Novak Leadership 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 12/2022, David Novak Leadership Inc generated $3.0m 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 (34.9%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAVID NOVAK LEADERSHIP INC. BUILDS LEADERSHIP CURRICULUM AND ONLINE PROGRAMS THAT INSPIRE AND EDUCATE INDIVIDUALS ABOUT HOW TO BE MORE EFFECTIVE LEADERS. THE CONTENT IS FOCUSED FOR BUSINESS PROFESSIONALS, NONPROFIT LEADERS, STUDENTS AND FAMILIES AND IS DELIVERED THROUGH ONLINE CURRICULUM TRAINING PROGRAMS.
DAVID NOVAK LEADERSHIP INC. REGULARLY HOSTS PODCASTS ENTITLE "HOW LEADERS LEAD WITH DAVID NOVAK". WELL-RENOWNED LEADER FROM MANY DIFFERENT BACKGROUNDS ARE INTERVIEWED TO GAIN THEIR PERSPECTIVE ON LEADERSHIP.
DAVID NOVAK LEADERSHIP INC. IS PUBLISHED A BOOK ENTITLED "TAKING CHARGE OF YOU AND IS CURRENTLY WORKING ON ANOTHER PUBLICATION. THIS WILL FURTHER TO DEVELOP THE LEADERSHIP CONTENT FOR DAVID NOVAK LEADERSHIP INC.
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 |
|---|---|---|---|
David Novak Director | 5 | $0 | |
Wendy L Novak Director | 0 | $0 | |
Ashley N Butler Director | 0 | $0 | |
Gregg Dedrick Director | 0 | $0 | |
Tim Galbraith Director | 0 | $0 | |
Neal Sullivan President | 40 | $167,570 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,024,938 |
| Interest on Savings | $9,987 |
| 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 | $1,012,275 |
| Total Revenue | $3,047,200 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $520,228 |
| Pension plans, employee benefits | $51,916 |
| Interest | $0 |
| Taxes | $90,228 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $26,430 |
| Printing and publications | $0 |
| Other expenses | $2,058,198 |
| Total operating and administrative expenses | $2,863,298 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,863,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $596,817 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| 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 | $1,213,559 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |