Leadership Training Incorporated

Is Leadership Training Incorporated Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Leadership Training Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Leadership Training Incorporated

Leadership Training Incorporated (EIN: 112239383) is a nonprofit organization based in Hempstead, NY, classified under NTEE code P20. The organization reported total revenue of $2.8M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leadership Training Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Leadership Training Incorporated with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Leadership Training Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, suggesting either a fully volunteer-led executive team or that compensation is reported under different categories.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Leadership Training Incorporated's IRS 990 filings:

• 0% Officer Compensation reported across all filings, which is highly unusual for an organization of this size and could indicate compensation is reported in other expense categories or a fully volunteer executive team, warranting further investigation into detailed compensation disclosures.

Strengths

The following positive indicators were identified for Leadership Training Incorporated:

• Consistent revenue growth, increasing from $915,632 in 2014 to $2,042,803 in 2023.
• Strong asset accumulation, growing from $645,098 in 2014 to $2,274,423 in 2023.
• Positive net income in most years, indicating financial sustainability (e.g., 2023 revenue $2,042,803 vs. expenses $1,932,397).
• No reported officer compensation across all filings, suggesting a high dedication of funds to programs or a volunteer-led executive.

Frequently Asked Questions about Leadership Training Incorporated

Filing History

IRS 990 filing history for Leadership Training Incorporated showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Leadership Training Incorporated's revenue has grown by 44.5%, moving from $1.4M to $2.0M. Total assets increased by 66.3% over the same period, from $1.4M to $2.3M. Total functional expenses rose by 14.3%, from $1.7M to $1.9M. In its most recent filing year (2023), Leadership Training Incorporated reported a surplus of $110K, with revenue exceeding expenses. The organization holds $404K in liabilities against $2.3M in assets (debt-to-asset ratio: 17.8%), resulting in net assets of $1.9M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.0M, expenses of $1.9M, and assets of $2.3M (revenue +18.5% year-over-year).
• 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $1.9M (revenue -1.2% year-over-year).
• 2021: Revenue of $1.7M, expenses of $1.3M, and assets of $1.7M (revenue +31.3% year-over-year).
• 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $1.3M (revenue +2.2% year-over-year).
• 2019: Revenue of $1.3M, expenses of $1.0M, and assets of $986K (revenue +32.8% year-over-year).
• 2018: Revenue of $979K, expenses of $872K, and assets of $774K (revenue +23.7% year-over-year).
• 2017: Revenue of $792K, expenses of $933K, and assets of $641K (revenue -20.4% year-over-year).
• 2016: Revenue of $994K, expenses of $1.0M, and assets of $799K (revenue -20.1% year-over-year).
• 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $778K (revenue +35.9% year-over-year).
• 2014: Revenue of $916K, expenses of $1.1M, and assets of $645K (revenue +1.3% year-over-year).
• 2013: Revenue of $904K, expenses of $1.0M, and assets of $784K (revenue +26.8% year-over-year).
• 2012: Revenue of $713K, expenses of $1.2M, and assets of $895K (revenue -49.6% year-over-year).
• 2011: Revenue of $1.4M, expenses of $1.7M, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Leadership Training Incorporated 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.