INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC

EIN: 043660900 501(c)(3) Community Improvement

NEWARK, NJ

Total Revenue
$3,502,198
Total Expenses
$2,937,065
Total Assets
$4,961,358
Net Assets
$2,148,169
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NJ
Principal Officer
JILL L JOHNSON
Phone
9733530611
Tax Period
2023-01-01 to 2023-12-31

INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $565K, a strong 16% operating margin.

Mission

OUR MISSION IS TO ERADICATE THE SYSTEMIC BARRIERS TO ENTREPRENEURIAL SUCCESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,502,198
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,502,198

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,895,490
Fundraising Expenses $146,852
Program Expenses $1,976,247
Other Expenses $1,041,575
TOTAL EXPENSES $2,937,065

Year-over-Year Comparison

2023 2022 Change
Revenue $3,502,198 $2,362,721 +0.5%
Expenses $2,937,065 $1,805,215 +0.6%
Net Income $565,133 $557,506 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
20
Volunteers
1200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$312,500
Total Directors
5
$0
Key Employees
2
$444,219
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY BAILIN CHAIRMAN 001.00
Director
$0 $0 $0
PASQUALE NOCITO TREASURER 001.00
Director
$0 $0 $0
STEPHEN WHITE BOARD MEMBER 001.00
Director
$0 $0 $0
JILL JOHNSON CHIEF EXECUTIVE OFFICER 040.00
Officer Key Emp Highest
$312,500 $0 $312,500
ZOE BOGAN DIRECTOR 001.00
Director
$0 $0 $0
TOM REYNOLDS DIRECTOR 001.00
Director
$0 $0 $0
JEREMEE JOHNSON VICE PRESIDENT OF MARKETING TECHN 040.00
Key Emp
$131,719 $0 $131,719
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,502,198 $2,937,065 $4,961,358 $565,133
2022 $2,362,721 $1,805,215 $3,193,132 $557,506
2021 $1,233,209 $772,023 $1,124,627 $461,186
2020 $775,017 $277,739 $679,972 $497,278
2019 $232,223 $173,643 $101,104 $58,580
2018 $166,931 $187,563 $50,096 $-20,632
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