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)

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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

CCOMMITTED TO TRANSFORMING YOUNG AFRICANS INTO LEADERS THROUGH SCHOLARSHIPS, LEADERSHIP TRAINING, AND MENTORING AT AFRICAN AND US UNIVERSITIES. OPERATING UNDER THE 20 TO 80% RULE, 80% OF OUR STUDENTS FOCUS ON BUILDING THEIR FUTURES ON THE AFRICAN CONTINENT, FOSTERING GROWTH, PROGRESS, AND SUSTAINABLE DEVELOPMENT. OUR FLAGSHIP INITIATIVES, LEADING CHANGE AFRICA'S LEADERSHIP ACADEMY AND COLLEGE PREPARATORY PROGRAM, EMPOWER HIGH SCHOOL STUDENTS WITH ESSENTIAL SKILLS FOR LEADERSHIP, ENTREPRENEURSHIP, AND GLOBAL CITIZENSHIP. THROUGH A MULTI-YEAR, COMPREHENSIVE EXPERIENCE, STUDENTS ENGAGE IN IN-PERSON AND ONLINE TRAINING, ENHANCING ENGLISH PROFICIENCY, LEADERSHIP ABILITIES, AND ENTREPRENEURSHIP KNOWLEDGE. THE PROGRAM'S ULTIMATE GOAL IS TO PREPARE STUDENTS FOR ADMISSIONS AND SCHOLARSHIPS IN PRESTIGIOUS GLOBAL UNIVERSITIES, ENCOURAGING THEM TO MAKE POSITIVE IMPACTS IN THEIR LOCAL AND GLOBAL COMMUNITIES. THIS APPROACH REFLECTS OUR UNWAVERING COMMITMENT TO AFRICA'S ADVANCEMENT, RECOGNIZING THE P

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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

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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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