L E A D FOUNDATION INC

EIN: 264307513 501(c)(3) Human Services

HAMBURG, MI

Total Revenue
$603,648
Total Expenses
$590,272
Total Assets
$99,468
Net Assets
$42,340
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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
2009
Legal Domicile
MI
Principal Officer
RODNEY GOBLE
Phone
8102319288
Tax Period
2024-01-01 to 2024-12-31

L E A D FOUNDATION INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $604K in total revenue in fiscal year 2024. Revenue surged 127% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE VOLUNTEER RESOURCES FOR NON-PROFIT ORGANIZATIONS, ASSIST NON-PROFIT ORGANIZATIONS IN THE COMMUNITY TO HELP THEM ACHIEVE THEIR RESPECTIVE GOALS, FUNDRAISING INITIATIVES FOR FAMILIES IN CRISIS AND/OR NEED, SCHOLARSHIP FUNDING TO STUDENT ATHLETES, PROVIDING LEADERSHIP AND EDUCATION TRAINING FOR HIGH SCHOOL, MIDDLE SCHOOL AND ELEMENTARY STUDENTS THROUGH MENTORSHIP PROGRAMS, PROVIDE HEALTH AND WELLNESS EDUCATION FOR THE GENERAL PUBLIC, PROVIDE SOCIAL AWARENESS AND SUBSTANCE ABUSE PREVENTION TO THE YOUTH, AND PROVIDE HUMANITARIAN SUPPORT FOR LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL COMMUNITIES.

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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 $246,011
Program Service Revenue $323,883
Investment Income $0
Other Revenue $33,754
TOTAL REVENUE $603,648

Expense Breakdown

Grants Paid $40,844
Salaries & Benefits $51,975
Fundraising Expenses $0
Program Expenses $568,924
Other Expenses $497,453
TOTAL EXPENSES $590,272

Year-over-Year Comparison

2024 2023 Change
Revenue $603,648 $265,877 +1.3%
Expenses $590,272 $269,972 +1.2%
Net Income $13,376 $-4,095 -4.3%
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
N/A
Volunteers
N/A

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
$0
Total Directors
4
$51,975
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RODNEY GOBLE PRESIDENT 4.00
Officer Director
$0 $0 $0
AMY GOBLE SECRETARY 4.00
Officer Director
$0 $0 $0
JENNIFER HAMILTON TREASURER 2.00
Officer Director
$0 $0 $0
JUSTIN CESSANTE EXECUTIVE DIRECTOR 20.00
Director
$51,975 $0 $51,975
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 $603,648 $590,272 $99,468 $13,376
2023 $265,877 $269,972 $59,456 $-4,095
2022 $265,155 $258,026 $62,313 $7,129
2021 $139,570 $122,241 $62,801 $17,329
2020 $88,455 $92,752 $38,501 $-4,297
2019 $104,842 $97,744 $23,398 $7,098
2018 $134,886 $95,068 $17,800 $39,818
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