THE LEADERS NETWORK CDC

EIN: 831825613 501(c)(3) Community Improvement

CHICAGO, IL

Total Revenue
$191,932
Total Expenses
$12,841
Total Assets
$301,729
Net Assets
$301,729
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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
2019
Legal Domicile
IL
Tax Period
2022-01-01 to 2022-12-31

THE LEADERS NETWORK CDC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $192K in total revenue in fiscal year 2022. The organization ran a surplus of $179K, a strong 93% operating margin.

Mission

THE LEADERS NETWORK IS A COLLABORATION OF FAITH AND COMMUNITY LEADERS WORKING TOGETHER TO ORGANIZE, STRATEGIZE AND MOBILIZE TO IMPROVE THE QUALITY OF THE LIFE FOR THE WEST SIDE COMMUNITIES AND GREATER CHICAGO.

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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 (2022)

Revenue Breakdown

Contributions & Grants $191,932
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $191,932

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,253
Fundraising Expenses $0
Program Expenses $12,841
Other Expenses $1,588
TOTAL EXPENSES $12,841

Year-over-Year Comparison

2022 2021 Change
Revenue $191,932 $191,932 N/A
Expenses $12,841 $12,841 N/A
Net Income $179,091 $179,091 N/A
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

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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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IRA ACREE CHAIRMAN 0.00
Officer
$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
2022 $191,932 $12,841 $301,729 $179,091
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