LEAD Africa

EIN: 831204471 501(c)(3) Education

New York, NY

Total Revenue
$1,245,030
Total Expenses
$1,493,802
Total Assets
$1,025,217
Net Assets
$672,134
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DE
Principal Officer
Anita Farsad
Phone
6493791154
Tax Period
2024-01-01 to 2024-12-31

LEAD Africa, founded in 2018, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

LEAD Edus mission is to establish, support, and grow programs that empower a generation of ethical, empathetic, and entrepreneurial leaders. We develop leaders through a holistic combination of education, sports, and leadership training delivered by locally-led LEAD Hubs.

Program Service Accomplishments

Program 1
Expenses: $1,213,097

LEAD Hubs: LEAD Edu supports a network of independently run LEAD Hubs that combine high-quality education, elite sport training, and leadership development to empower youth in underserved...

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LEAD Hubs: LEAD Edu supports a network of independently run LEAD Hubs that combine high-quality education, elite sport training, and leadership development to empower youth in underserved communities. In 2024, LEAD Edu provided grants totaling $1,082,994 to two partner organizations. Funds are disbursed according to an annual budget approved by a local governing Board. These grants supported operating expenses, academic and football programming, teaching and coaching staff, nutrition, infrastructure improvements, extracurricular activities, and capital projects. In 2024, we completed construction of a boys dormitory in Liberia that houses 80 students and purchased school buses to enable travel from students homes to the academy in Morocco. Grants: LEAD Monrovia Football Academy (Liberia) $750,020 LEAD Morocco $288,499 Also includes $44,475 in donated sports equipment.

Program 2
Expenses: $18,295

The LEAD Global Network: Supported 7 alumni from LEAD Hubs to pursue secondary and post-secondary education opportunities in the United States by covering essential incidental costs such as visa...

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The LEAD Global Network: Supported 7 alumni from LEAD Hubs to pursue secondary and post-secondary education opportunities in the United States by covering essential incidental costs such as visa processing, airfare, technology, and settlement expenses. All students were selected through a competitive internal review process and received full scholarships from their host institutions. For most, this marked the first time they had traveled internationally. This investment ensured that high-potential young leaders could access life-changing educational opportunities and continue their leadership development globally, advancing our mission to equip youth to lead in their communities and beyond

Program 3

LEAD Learning: In December 2024, LEAD Edu launched a pilot to adapt Harvard EASEL Labs SEL Kernels to the Moroccan context and our LEAD Learning leadership framework. This contextualized program...

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LEAD Learning: In December 2024, LEAD Edu launched a pilot to adapt Harvard EASEL Labs SEL Kernels to the Moroccan context and our LEAD Learning leadership framework. This contextualized program, renamed as Waves of Leadership in Morocco, builds critical leadership skills such as self-regulation, empathy, and goal-setting through play-based learning and is poised for scale through the public sector in 2026. Since 2015, we have adapted the leadership course taught at our Liberian and Moroccan Hubs since 2015 to meet the needs of the worlds youth more broadly focusing our lessons on innovation, empathy, perseverance and more. Today LEAD Learning has delivered its flagship leadership course to more than 135,000 children in Liberia, Morocco, and Bangladesh through a combination of in person delivery and low cost mobile technology.

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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 $1,218,436
Program Service Revenue $0
Investment Income $26,594
Other Revenue $0
TOTAL REVENUE $1,245,030

Expense Breakdown

Grants Paid $1,082,994
Salaries & Benefits $255,758
Fundraising Expenses $138,133
Program Expenses $1,231,392
Other Expenses $155,050
TOTAL EXPENSES $1,493,802

Year-over-Year Comparison

2024 2023 Change
Revenue $1,245,030 $1,516,277 -0.2%
Expenses $1,493,802 $1,700,455 -0.1%
Net Income $-248,772 $-184,178 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
4
Employees
3
Volunteers
5

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
$134,264
Total Directors
5
$24,640
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anita Farsad Executive Director 40.00
Officer
$103,024 $6,600 $109,624
William H Smith Board Chair 5.00
Officer Director
$24,640 $0 $24,640
Steve Miller Board Member 1.00
Director
$0 $0 $0
Graham Albert Founding Board Member 1.00
Director
$0 $0 $0
Imad Izemrane Founding Board Member 1.00
Director
$0 $0 $0
Nomndeni Mdakhi Founding Board Member 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
2025 No data No data No data No data
2024 $1,245,030 $1,493,802 $1,025,217 $-248,772
2023 $1,516,277 $1,700,455 $1,467,259 $-184,178
2022 $1,570,176 $650,734 $1,012,226 $919,442
2021 $547,055 $580,513 $89,478 $-33,458
2020 $586,826 $584,835 $129,441 $1,991
2019 $329,600 $212,840 $121,302 $116,760
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