LEADERSHIP FOR EDUCATIONAL ACHIEVEMENT FOUNDATION INC

EIN: 208206775 501(c)(3) Education

LATHAM, NY

Total Revenue
$3,100,194
Total Expenses
$2,959,724
Total Assets
$2,174,470
Net Assets
$2,016,498
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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
2007
Legal Domicile
NY
Principal Officer
CHARLES DEDRICK
Phone
5184491063
Tax Period
2024-07-01 to 2025-06-30

LEADERSHIP FOR EDUCATIONAL ACHIEVEMENT FOUNDATION INC, founded in 2007, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $3.0M left a modest 5% surplus.

Mission

LEADERSHIP FOR EDUCATIONAL ACHIEVEMENT FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO ENHANCE PROFESSIONAL GROWTH AND DEVELOPMENT OF PUBLIC SCHOOL LEADERS IN NEW YORK STATE THROUGH ONGOING PROFESSIONAL TRAINING AND DEVELOPMENT BACKED BY SOUND AND PROVEN RESEARCH. THE ULTIMATE GOAL OF THE THIS WORK WILL BE TO ENSURE THE HIGHEST QUALITY OF SCHOOL LEADERSHIP AT ALL LEVELS SO THAT ALL CHILDREN ARE AFFORDED OPPORTUNITIES TO LEARN TO HIGHER STANDARDS WHILE HAVING THEIR INDIVIDUAL TALENTS NURTURED AND PERSONAL GROWTH EXPANDED. THE CORPORATION WILL SEEK TO ACHIEVE ITS GOALS THROUGH A VARIETY OF SCHOLARLY ENDEAVORS, RESEARCH, SEMINARS AND PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,088,906
Investment Income $11,288
Other Revenue $0
TOTAL REVENUE $3,100,194

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,764,388
Other Expenses $2,959,724
TOTAL EXPENSES $2,959,724

Year-over-Year Comparison

2024 2023 Change
Revenue $3,100,194 $3,555,978 -0.1%
Expenses $2,959,724 $3,130,738 -0.1%
Net Income $140,470 $425,240 -0.7%
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
13
Independent Members
13
Employees
N/A
Volunteers
13

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
3
$261,261
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DAVID O'ROURKE PRESIDENT 2.00
Officer Director
$0 $0 $0
DR LYNN ALLEN TREASURER 2.00
Officer Director
$0 $0 $0
DR MARK STRATTON BOARD MEMBER 2.00
Director
$0 $0 $0
DR LAURA SEINFELD BOARD MEMBER 2.00
Director
$0 $0 $0
DR PHYLLIS HARRINGTON BOARD MEMBER 2.00
Director
$0 $0 $0
DR JASON ANDREWS BOARD MEMBER 2.00
Director
$0 $0 $0
JERRY GRIFFIN BOARD MEMBER 2.00
Director
$0 $0 $0
DR LUVELLE BROWN BOARD MEMBER 2.00
Director
$0 $0 $0
BARBARA CASE BOARD MEMBER 2.00
Director
$0 $0 $0
DALE L BREAULT BOARD MEMBER 2.00
Director
$0 $0 $0
REBECCA E DUNCKEL BOARD MEMBER 2.00
Director
$0 $0 $0
DR LISA KRUEGER BOARD MEMBER 2.00
Director
$0 $0 $0
DR KEVIN C MCGOWAN BOARD MEMBER 2.00
Director
$0 $0 $0
DR CHARLES DEDRICK EXECUTIVE DIRECTOR 2.00
Officer
$0 $0 $261,261
ROBERT LOWERY DEPUTY DIRECTOR 1.00
Highest
$0 $61,817 $250,550
JACINDA CONBOY IN-HOUSE LEGAL 1.00
Highest
$0 $54,264 $221,673
GREGORY BERCK ASSISTANT DIRECTOR 1.00
Highest
$0 $43,768 $173,254
DEBORAH N ORSINI ASSOCIATE DIRECTOR 1.00
Highest
$0 $21,890 $131,342
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
2025 $3,100,194 $2,959,724 $2,174,470 $140,470
2024 $3,555,978 $3,130,738 $2,047,509 $425,240
2023 $2,932,245 $2,654,978 $1,734,567 $277,267
2022 $2,226,982 $1,984,774 $1,421,427 $242,208
2021 $732,185 $710,003 $1,079,531 $22,182
2020 $1,244,031 $1,145,166 $1,001,067 $98,865
2019 $1,238,040 $1,221,389 $1,050,014 $16,651
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