LEADER LABS INC

EIN: 900168237 501(c)(3) Education

CLEVELAND, TN

Total Revenue
$429,891
Total Expenses
$319,012
Total Assets
$245,045
Net Assets
$245,045
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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
2004
Legal Domicile
TN
Principal Officer
FRED GARMON
Phone
4237161859
Tax Period
2025-01-01 to 2025-12-31

LEADER LABS INC, founded in 2004, is a small nonprofit in the Education sector that reported $430K in total revenue in fiscal year 2025. The organization ran a surplus of $111K, a strong 26% operating margin.

Mission

TO OFFER TRAINING TO NONPROFIT LEADERS AND THEIR STAFF.

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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 (2025)

Revenue Breakdown

Contributions & Grants $361,910
Program Service Revenue $67,981
Investment Income $0
Other Revenue $0
TOTAL REVENUE $429,891

Expense Breakdown

Grants Paid $144,761
Salaries & Benefits $6,275
Fundraising Expenses $1,118
Program Expenses $302,550
Other Expenses $167,976
TOTAL EXPENSES $319,012

Year-over-Year Comparison

2025 2024 Change
Revenue $429,891 $409,455 +0.0%
Expenses $319,012 $397,076 -0.2%
Net Income $110,879 $12,379 +8.0%
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED GARMON EXECUTIVE DIRECTOR 60
Officer Director
$0 $0 $0
PHILLIP THOMPSON CHAIRMAN 3
Officer
$0 $0 $0
SHIRLEY GARMON SECRETARY 40
Officer
$0 $0 $0
TONY FARMER BOARD MEMBER 1
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
2025 $429,891 $319,012 $245,045 $110,879
2024 No data No data No data No data
2023 $171,852 $160,380 $114,492 $11,472
2022 $213,286 $169,639 $112,168 $43,647
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