GLOBAL LEADERSHIP FORUM INC

EIN: 474166468 501(c)(3)

ST LOUIS, MO

Total Revenue
$612,593
Total Expenses
$854,611
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
ZACKARIE LEMELLE
Phone
3144210700
Tax Period
2020-01-01 to 2020-12-31

GLOBAL LEADERSHIP FORUM INC, founded in 2015, is a small nonprofit that reported $613K in total revenue in fiscal year 2020. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $855K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE GLOBAL LEADERSHIP FORUM (GLF) IS DESIGNED TO CREATE, NURTURE AND EVOLVE A COALITION OF ORGANIZATIONS WHOSE COLLECTIVE MISSIONS WILL INCREASE THE NUMBER OF COMPETITIVE, DIVERSE TECHNOLOGISTS IN THE TALENT PIPELINE WHO WILL LEAD THE GLOBAL MARKETPLACE. THE FORUM WILL SERVE AS A COLLECTIVE VOICE AND UNIFYING FORCE AMONGST THE PARTICIPATING ORGANIZATIONS. THE FORUM'S PARTICIPANTS WILL PROMOTE STATE-OF-THE-ART PROGRAMS THAT WILL PRODUCE WORKFORCE READY DIVERSE TALENT FROM ENTRY- TO C-LEVEL POSITIONS IN THE PUBLIC AND PRIVATE SECTORS AND FOSTER ENTREPRENEURIALISM IN TECHNOLOGY. THIS WILL BE ACCOMPLISHED BY JOINTLY AND STRATEGICALLY FOCUSING ON IMPROVING THE GRADUATION RATES IN THE STEM DISCIPLINES, ENHANCING THE SOFT SKILLS AND THE LEADERSHIP DEVELOPMENT SKILLS AND MASTERING THE TECHNOLOGY INDUSTRY COMPETENCIES.

Program Service Accomplishments

Program 1
Expenses: $740,035

CAPACITY AND DIVERSITY - INCLUDES EXPENDITURES IN THE FORM OF GRANTS AND OTHER ASSISTANCE USED TO SUPPORT THE MISSION AND PROGRAMS OF PARTNERING ORGANIZATIONS WITH SIMILAR MISSIONS TO INCREASE...

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CAPACITY AND DIVERSITY - INCLUDES EXPENDITURES IN THE FORM OF GRANTS AND OTHER ASSISTANCE USED TO SUPPORT THE MISSION AND PROGRAMS OF PARTNERING ORGANIZATIONS WITH SIMILAR MISSIONS TO INCREASE DIVERSITY IN THE TECHNOLOGY INDUSTRY AND COMMUNITY.

Program 2
Expenses: $32,720

SEMINARS AND TRAININGS - INCLUDES EXPENDITURES USED TO BRING TOGETHER LEADERS FROM TECHNOLOGY COMPANIES, ORGANIZATIONS, AND GOVERNMENTS AND EDUCATE ATTENDEES ON SOLUTIONS TO HISTORIC PROBLEMS THAT...

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SEMINARS AND TRAININGS - INCLUDES EXPENDITURES USED TO BRING TOGETHER LEADERS FROM TECHNOLOGY COMPANIES, ORGANIZATIONS, AND GOVERNMENTS AND EDUCATE ATTENDEES ON SOLUTIONS TO HISTORIC PROBLEMS THAT CONTRIBUTE TO DISPARITIES IN SCIENCE, TECHNOLOGY, ENGINEERING, AND THE ARTS AND MATH (STEAM).

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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 (2020)

Revenue Breakdown

Contributions & Grants $612,451
Program Service Revenue $0
Investment Income $142
Other Revenue $0
TOTAL REVENUE $612,593

Expense Breakdown

Grants Paid $528,990
Salaries & Benefits $84,160
Fundraising Expenses $48,703
Program Expenses $772,755
Other Expenses $241,461
TOTAL EXPENSES $854,611

Year-over-Year Comparison

2020 2019 Change
Revenue $612,593 $2,039,340 -0.7%
Expenses $854,611 $1,912,874 -0.6%
Net Income $-242,018 $126,466 -2.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
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
2
$87,500
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUANITA LOGAN DIRECTOR/SECRETARY 15.00
Officer Director
$0 $0 $0
ZACKARIE LEMELLE CHAIRMAN 12.00
Director
$0 $0 $0
VIOLA THOMPSON DIRECTOR 2.00
Director
$0 $0 $0
VALERIE PATTON DIRECTOR 2.00
Director
$0 $0 $0
KENDALL P NORRIS CEO 50.00
Officer
$87,500 $0 $87,500
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
2020 $612,593 $854,611 No data $-242,018
2019 $2,039,340 $1,912,874 $783,599 $126,466
2018 $2,031,791 $2,142,685 $414,008 $-110,894
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