Leadership Education Mission Alliance LEMA Inst

EIN: 474763283 501(c)(3) Education

Otsego, MI

Total Revenue
$315,656
Total Expenses
$223,408
Total Assets
$118,199
Net Assets
$110,250
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MI
Principal Officer
Joshua Amaezechi
Phone
2692251036
Tax Period
2024-01-01 to 2024-12-31

Leadership Education Mission Alliance LEMA Inst, founded in 2015, is a small nonprofit in the Education sector that reported $316K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 29% operating margin.

Mission

LEMA exists to equip Christian leaders in Africa as well as immigrant pastors for healthy, Biblical and financially independent ministry.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $313,620
Program Service Revenue $0
Investment Income $536
Other Revenue $1,500
TOTAL REVENUE $315,656

Expense Breakdown

Grants Paid $79,166
Salaries & Benefits $84,112
Fundraising Expenses $23,919
Program Expenses $159,069
Other Expenses $60,130
TOTAL EXPENSES $223,408

Year-over-Year Comparison

2024 2023 Change
Revenue $315,656 $241,219 +0.3%
Expenses $223,408 $283,378 -0.2%
Net Income $92,248 $-42,159 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
6
Volunteers
15

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
$70,000
Total Directors
6
$71,280
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joshua Amaezechi President 16.00
Officer Director
$48,177 $21,823 $70,000
Emily Schumaker Director 3.00
Director
$1,280 $0 $1,280
Jeff Scheffers Director 2.00
Director
$0 $0 $0
Raymond Wright Director 2.00
Director
$0 $0 $0
Chanel Wilson Secretary 2.00
Officer Director
$0 $0 $0
Dave Glas Board Chair 5.00
Officer 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
2024 $315,656 $223,408 $118,199 $92,248
2023 $241,219 $283,378 $25,158 $-42,159
2022 $385,289 $285,636 $148,782 $99,653
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Leadership Education Mission Alliance LEMA Inst with other nonprofits in Michigan and across the country.