LEADING CHANGE INC

EIN: 471727677 501(c)(3) Education

MADISON, WI

Total Revenue
$1,347,480
Total Expenses
$667,547
Total Assets
$759,756
Net Assets
$741,104
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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
2018
Legal Domicile
WI
Principal Officer
OUSMANE KABRE
Phone
6086220445
Tax Period
2024-07-01 to 2025-06-30

LEADING CHANGE INC, founded in 2018, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 369% from the prior year, signaling strong growth momentum. The organization ran a surplus of $680K, a strong 50% operating margin.

Mission

TO TRANSFORM YOUNG AFRICANS INTO LEADERS WHO WILL TRANSFORM THEIR NATIONS.

Program Service Accomplishments

Program 1
Expenses: $432,064

ADMINISTRATION OF US SCHOLARS PROGRAM. AFRICAN LEADERS ARE PREPARED FOR STUDY AT US UNIVERSITIES, ENROLLED AT WESLI TO DEVELOP ENGLISH LANGUAGE SKILLS, THEN TRANSFERRED TO MADISON COLLEGE FOR GENERAL...

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ADMINISTRATION OF US SCHOLARS PROGRAM. AFRICAN LEADERS ARE PREPARED FOR STUDY AT US UNIVERSITIES, ENROLLED AT WESLI TO DEVELOP ENGLISH LANGUAGE SKILLS, THEN TRANSFERRED TO MADISON COLLEGE FOR GENERAL COLLEGE STUDIES BEFORE TRANSITIONING TO A MAJOR UNIVERSITY. STUDENTS RECEIVE REGULAR LEADERSHIP TRAINING, MENTORING, AND NETWORKING OPPORTUNITIES THROUGHOUT THEIR STUDIES.

Program 2
Expenses: $229,868

EXCEPTIONAL AFRICAN HIGH SCHOOL GRADUATES ARE PUT THROUGH AN INTENSE LEADERSHIP DEVELOPMENT CURRICULUM IN BURKINA FASO. SOME STUDENTS THEN RECEIVE US SCHOLARSHIPS, OTHERS CONTINUE UNIVERSITY STUDIES...

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EXCEPTIONAL AFRICAN HIGH SCHOOL GRADUATES ARE PUT THROUGH AN INTENSE LEADERSHIP DEVELOPMENT CURRICULUM IN BURKINA FASO. SOME STUDENTS THEN RECEIVE US SCHOLARSHIPS, OTHERS CONTINUE UNIVERSITY STUDIES IN BURKINA FASO, OR WITHIN ANOTHER AFRICAN UNIVERSITY.

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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 $1,348,447
Program Service Revenue $0
Investment Income $-967
Other Revenue $0
TOTAL REVENUE $1,347,480

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,006
Fundraising Expenses $5,615
Program Expenses $661,932
Other Expenses $602,541
TOTAL EXPENSES $667,547

Year-over-Year Comparison

2024 2023 Change
Revenue $1,347,480 $287,158 +3.7%
Expenses $667,547 $305,883 +1.2%
Net Income $679,933 $-18,725 -37.3%
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
6
Independent Members
5
Employees
2
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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OUSMANE KABRE DIRECTOR, CE 40.00
Director
$0 $0 $0
MATTHEW SCHNEIDER DIRECTOR 5.00
Director
$0 $0 $0
JENNIFER PHILLIPS DIRECTOR 5.00
Director
$0 $0 $0
MICHELLE POSSIN DIRECTOR 5.00
Director
$0 $0 $0
SHARON REED DIRECTOR 5.00
Director
$0 $0 $0
KRISTEN FUHREMANN DIRECTOR 5.00
Director
$0 $0 $0
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 $1,347,480 $667,547 $759,756 $679,933
2024 $287,158 $305,883 $83,372 $-18,725
2023 $675,433 $658,657 $128,767 $16,776
2022 $330,517 $309,223 $66,394 $21,294
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