Leadership Development Seminars, operating under the name Centered, is located in Seattle, WA. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2024, Centered employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centered 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, Centered generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $980.8k during the year ending 06/2024. While expenses have increased by 0.3% per year over the past 9 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
PROVIDE SETTINGS FOR STUDENT LEADERS TO INTERACT WITH ADULT CHRISTIAN LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RUSSIA: IN THE FISCAL YEAR JULY 1, 2023, THROUGH JUNE 30, 2024, ACTIVITY WAS PRETTY CONSISTENT FROM THE PREVIOUS YEAR. ONE OF OUR ASSOCIATES WAS ABLE TO SPEND 5 DAYS IN RUSSIA TO SPEAK AT THE NATIONAL PRAYER BREAKFAST FOR THE FIRST TIME IN 2+ YEARS SINCE THE START OF THE WAR. THE MESSAGE AND TEACHING OF THE KEY PRINCIPLES OF JESUS (LOVING AND SERVING OTHERS AS JESUS DID) TO YOUNG ADULTS CONTINUES ALONG WITH THE ONGOING SUPPORT OF ORPHANS, WIDOWS, AND DISADVANTAGED YOUTH WAS ALSO ABLE TO CONTINUE.
THE WEEKEND: THIS ANNUAL GATHERING WAS IN PERSON IN CENTRAL OREGON AND APPROXIMATELY 230 ATTENDED.
PRAYER BREAKFASTS: IN OCTOBER AND NOVEMBER 2023, WE HOSTED 3 KING COUNTY PRAYER BREAKFAST EVENTS IN THE LOCAL SEATTLE METROPOLITAN AREA. WE HAD CLOSE TO 400 IN ATTENDANCE. IN FEBRUARY 2024, A DELEGATION OF APPROXIMATELY 60 PEOPLE WERE TAKEN TO WASHINGTON, DC, FOR A FOUR-DAY GATHERING THAT INCLUDED ACTIVITIES ASSOCIATED WITH THE NATIONAL PRAYER BREAKFAST GATHERING.
DISCIPLING MEN AND WOMEN IN LEADERSHIP: SEVERAL SMALL GROUPS MET TOGETHER WEEKLY THROUGHOUT THE ACADEMIC YEAR. THIS INCLUDES GROUPS WITH UNIVERSITY STUDENTS AT THE UNIVERSITY OF WASHINGTON. IT ALSO INCLUDES THE WOMEN'S FELLOWS, A POST-COLLEGE GROUP; THE DIRECTOR OF THE PROGRAM HELD DINNERS WITH MEMBERS OF PAST YEARS' GROUPSADORATION HOUSE: WEEKLY GATHERINGS HELD IN A UNIVERSITY DISTRICT TO CARE FOR THE BROADER COMMUNITY.TAKE ROOT PODCAST: INTERVIEWS CONDUCTED WITH PEOPLE ABOUT THEIR PERSONAL EXPERIENCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alyssa Petrie Chair | OfficerTrustee | 3 | $0 |
Michael Miller Treasurer | OfficerTrustee | 3 | $0 |
Becka Magnenat Board | Trustee | 1 | $2,640 |
Scott Hardman Board | Trustee | 1 | $0 |
Russ Johnson Board | Trustee | 1 | $0 |
Toms Lee Board | Trustee | 1 | $0 |
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 | $988,310 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $988,310 |
Total Program Service Revenue | $68,947 |
Investment income | $0 |
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 | $1,057,257 |
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 | $106,150 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $60,100 |
Compensation of current officers, directors, key employees. | $24,040 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $321,393 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,089 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $69,920 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $113,595 |
Advertising and promotion | $0 |
Office expenses | $43,926 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $57,484 |
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 | $589 |
All other expenses | $0 |
Total functional expenses | $980,812 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $183,537 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $94 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,739 |
Total assets | $188,370 |
Accounts payable and accrued expenses | $13,029 |
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 | $13,029 |
Net assets without donor restrictions | $175,341 |
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 | $188,370 |
Over the last fiscal year, Leadership Development Seminars has awarded $10,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
INTERNATIONAL FOUNDATION AKA FELLOWSHIP FOUNDATION PURPOSE: General support | $10,500 |