Leadership Development Seminars

EIN: 911511748 501(c)(3) Unknown

Seattle, WA

Total Revenue
$1,057,257
Total Expenses
$980,812
Total Assets
$188,370
Net Assets
$175,341
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
WA
Principal Officer
Alyssa Petrie
Phone
4257253787
Tax Period
2023-07-01 to 2024-06-30

Leadership Development Seminars, founded in 1991, is a community nonprofit in the Unknown sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $981K left a modest 7% surplus.

Mission

Provide settings for student leaders to interact with adult Christian leaders.

Program Service Accomplishments

Program 1
Expenses: $249,972

Russia: In the fiscal year July 1, 2023, through June 30, 2024, activity was pretty consistent from the previous year. One of our associates was able to spend 5 days in Russia to speak at the...

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Russia: In the fiscal year July 1, 2023, through June 30, 2024, activity was pretty consistent from the previous year. One of our associates was able to spend 5 days in Russia to speak at the National Prayer Breakfast for the first time in 2+ years since the start of the war. The message and teaching of the key principles of Jesus (loving and serving others as Jesus did) to young adults continues along with the ongoing support of orphans, widows, and disadvantaged youth was also able to continue.

Program 2
Expenses: $171,347 Revenue: $68,947

Prayer Breakfasts: In October and November 2023, we hosted 3 King County Prayer Breakfast events in the local Seattle Metropolitan area. We had close to 400 in attendance. In February 2024, a...

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Prayer Breakfasts: In October and November 2023, we hosted 3 King County Prayer Breakfast events in the local Seattle Metropolitan area. We had close to 400 in attendance. In February 2024, a delegation of approximately 60 people were taken to Washington, DC, for a four-day gathering that included activities associated with the National Prayer Breakfast gathering.

Program 3
Expenses: $247,172

Discipling Men and Women in Leadership: Several small groups met together weekly throughout the academic year. This includes groups with university students at the University of Washington. It also...

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Discipling Men and Women in Leadership: Several small groups met together weekly throughout the academic year. This includes groups with university students at the University of Washington. It also includes the Women's Fellows, a post-college group; The director of the program held dinners with members of past years' groupsAdoration House: Weekly gatherings held in a university district to care for the broader community.Take Root Podcast: Interviews conducted with people about their personal experiences.

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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 (2023)

Revenue Breakdown

Contributions & Grants $988,310
Program Service Revenue $68,947
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,057,257

Expense Breakdown

Grants Paid $106,150
Salaries & Benefits $389,582
Fundraising Expenses $46,698
Program Expenses $778,400
Other Expenses $485,080
TOTAL EXPENSES $980,812

Year-over-Year Comparison

2023 2022 Change
Revenue $1,057,257 $980,118 +0.1%
Expenses $980,812 $973,601 +0.0%
Net Income $76,445 $6,517 +10.7%
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
8
Independent Members
8
Employees
7
Volunteers
100

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
$59,582
Total Directors
8
$2,640
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alyssa Petrie Chair 3.00
Officer Director
$0 $0 $0
Michael Miller Treasurer 3.00
Officer Director
$0 $0 $0
Becka Magnenat Board 1.00
Director
$2,640 $0 $2,640
Scott Hardman Board 1.00
Director
$0 $0 $0
Russ Johnson Board 1.00
Director
$0 $0 $0
Toms Lee Board 1.00
Director
$0 $0 $0
Kristin Lee Board 1.00
Director
$0 $0 $0
Rick Wong Board 1.00
Director
$0 $0 $0
Garrick Pang Executive Director-partial year 40.00
Officer
$0 $0 $0
Alexis Phillips Executive Director-partial year 40.00
Officer
$25,082 $34,500 $59,582
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 $1,057,257 $980,812 $188,370 $76,445
2023 $980,118 $973,601 $104,491 $6,517
2022 $891,938 $888,769 $94,806 $3,169
2021 $728,170 $717,958 $175,615 $10,212
2020 $1,029,033 $1,034,389 $164,030 $-5,356
2019 $1,033,157 $1,158,877 $105,188 $-125,720
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