Leader Empowerment And Development Inc
EIN: 383656648 · Grand Rapids, MI · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $772K |
| Total Expenses | $988K |
| Net Assets | $1.9M |
Is Leader Empowerment And Development Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leader Empowerment And Development Inc
Leader Empowerment And Development Inc (EIN: 383656648) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code X99. The organization reported total revenue of $772K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leader Empowerment And Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leader Empowerment And Development Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $988K |
| Surplus / Deficit | +$508K |
| Total Assets | $1.9M |
| Total Liabilities | $34K |
| Net Assets | $1.9M |
| Operating Margin | 34.0% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 23.2 months |
Financial Health Grade: A
In 2023, Leader Empowerment And Development Inc reported a surplus of $508K with revenue exceeding expenses, holds 23.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Leader Empowerment And Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.7% | -23.7% | +24.3% |
| 2022 | -44.9% | +102.6% | -13.0% |
| 2021 | +37.2% | -55.4% | +258.3% |
| 2020 | +114.6% | +150.3% | +11.5% |
| 2019 | +34.2% | +14.1% | +34.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leader Empowerment And Development Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Leader Empowerment And Development Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $508K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Leader Empowerment And Development Inc
Is Leader Empowerment And Development Inc a legitimate charity?
Leader Empowerment And Development Inc (EIN: 383656648) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $772K. No red flags identified. Financial health grade: A.
How does Leader Empowerment And Development Inc spend its money?
Leader Empowerment And Development Inc reported $772K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leader Empowerment And Development Inc tax-deductible?
Leader Empowerment And Development Inc is registered as a tax-exempt nonprofit (EIN: 383656648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leader Empowerment And Development Inc located?
Leader Empowerment And Development Inc is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 383656648. It is classified under NTEE code X99.
How many years of IRS 990 filings does Leader Empowerment And Development Inc have?
Leader Empowerment And Development Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $772K in total revenue.
Filing History
IRS 990 filing history for Leader Empowerment And Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Leader Empowerment And Development Inc's revenue has grown by 121.3%, moving from $676K to $1.5M. Total assets increased by 462.1% over the same period, from $340K to $1.9M. Total functional expenses rose by 22.2%, from $808K to $988K. In its most recent filing year (2023), Leader Empowerment And Development Inc reported a surplus of $508K, with revenue exceeding expenses. The organization holds $34K in liabilities against $1.9M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $988K | $1.9M | $34K | — | — |
| 2022 | $1.1M | $1.3M | $1.5M | $64K | — | View 990 |
| 2021 | $1.9M | $639K | $1.8M | $71K | — | View 990 |
| 2020 | $1.4M | $1.4M | $493K | $103K | — | View 990 |
| 2019 | $661K | $572K | $442K | $39K | — | View 990 |
| 2018 | $492K | $501K | $328K | $14K | — | View 990 |
| 2017 | $622K | $625K | $339K | $16K | — | View 990 |
| 2016 | $629K | $608K | $344K | $18K | — | View 990 |
| 2015 | $657K | $652K | $352K | $47K | — | View 990 |
| 2014 | $605K | $636K | $333K | $33K | — | View 990 |
| 2013 | $530K | $573K | $353K | $23K | — | View 990 |
| 2012 | $634K | $586K | $389K | $15K | — | View 990 |
| 2011 | $676K | $808K | $340K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $988K, and assets of $1.9M (revenue +39.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.3M, and assets of $1.5M (revenue -44.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $639K, and assets of $1.8M (revenue +37.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $493K (revenue +114.6% year-over-year).
- 2019: Revenue of $661K, expenses of $572K, and assets of $442K (revenue +34.2% year-over-year).
- 2018: Revenue of $492K, expenses of $501K, and assets of $328K (revenue -20.8% year-over-year).
- 2017: Revenue of $622K, expenses of $625K, and assets of $339K (revenue -1.2% year-over-year).
- 2016: Revenue of $629K, expenses of $608K, and assets of $344K (revenue -4.2% year-over-year).
- 2015: Revenue of $657K, expenses of $652K, and assets of $352K (revenue +8.5% year-over-year).
- 2014: Revenue of $605K, expenses of $636K, and assets of $333K (revenue +14.2% year-over-year).
- 2013: Revenue of $530K, expenses of $573K, and assets of $353K (revenue -16.3% year-over-year).
- 2012: Revenue of $634K, expenses of $586K, and assets of $389K (revenue -6.3% year-over-year).
- 2011: Revenue of $676K, expenses of $808K, and assets of $340K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leader Empowerment And Development Inc:
Data Sources and Methodology
This transparency report for Leader Empowerment And Development Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.