ILEAD EXPERIENCE INC

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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

Principal Officer

RICHARD CHALME

Phone

7182529840

Tax Period

2023-01-01 to 2023-12-31

ILEAD EXPERIENCE INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $695K in total revenue in fiscal year 2023. Expenses of $817K exceeded revenue, resulting in a 18% operating deficit.

Mission

ILEAD SELECTS CANDIDATES AT THE END OF THEIR JUNIOR YEAR IN HIGH SCHOOL, WHO ARE INTERESTED IN IDENTIFYING THEIR PERSONAL STRENGTHS, AND WORKING THROUGH THEIR CHALLENGES AND WEAKNESSES. THE PROGRAM TAKES PLACE IN ISRAEL, OVER FIVE WEEKS DURING THE SUMMER. THE PROGRAM FOCUSES ON PHYSICAL APTITUDE AND STAMINA. THE PIONEERS CLIMB MOUNTAINS, ENGAGE IN EXTREME HIKING, AND SPEND TIME IN NATURAL SURROUNDINGS.

Program Service Accomplishments

Program 1

Expenses: $702,778 Revenue: $690,888

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $29,489

Program Service Revenue $690,888

Investment Income $-25,710

Other Revenue $0

TOTAL REVENUE $694,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,633

Fundraising Expenses $0

Program Expenses $702,778

Other Expenses $802,775

TOTAL EXPENSES $817,408

Year-over-Year Comparison

	2023	2022	Change
Revenue	$694,667	$679,552	+0.0%
Expenses	$817,408	$995,479	-0.2%
Net Income	$-122,741	$-315,927	-0.6%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD CHALME	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHILO PLESSER	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$694,667	$817,408	$319,958	$-122,741
2022	$679,552	$995,479	$304,538	$-315,927
2021	$329,135	$504,103	$110,034	$-174,968
2020	$72,439	$119,839	$44,612	$-47,400
2019	$428,082	$536,585	$34,763	$-108,503
2018	$485,691	$564,686	$65,466	$-78,995