Leading Change Network Inc
EIN: 453168596 · Cambridge, MA · NTEE: R02
| Metric | Value |
|---|---|
| Total Revenue | $851K |
| Total Expenses | $643K |
| Net Assets | $877K |
Is Leading Change Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leading Change Network Inc
Leading Change Network Inc (EIN: 453168596) is a nonprofit organization based in Cambridge, MA, classified under NTEE code R02. The organization reported total revenue of $851K and total assets of $853K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leading Change Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leading Change Network Inc is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $778K |
| Total Expenses | $643K |
| Surplus / Deficit | +$135K |
| Total Assets | $977K |
| Total Liabilities | $101K |
| Net Assets | $877K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 10.3% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Leading Change Network Inc reported a surplus of $135K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 10.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Leading Change Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.4% | +7.6% | +21.2% |
| 2022 | -66.4% | -17.1% | -17.9% |
| 2021 | +273.7% | +88.7% | +490.8% |
| 2020 | +223.4% | +98.2% | +42.4% |
| 2019 | -48.9% | +125.0% | -44.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leading Change Network 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 Leading Change Network 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 $135K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.3%.
Frequently Asked Questions about Leading Change Network Inc
Is Leading Change Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Leading Change Network Inc (EIN: 453168596) insufficient data. 0 red flags identified, 0 strengths noted.
How does Leading Change Network Inc spend its money?
Detailed spending breakdown data is not yet available for Leading Change Network Inc. Check back for updated IRS 990 analysis.
Are donations to Leading Change Network Inc tax-deductible?
Leading Change Network Inc is registered as a tax-exempt nonprofit (EIN: 453168596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leading Change Network Inc located?
Leading Change Network Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 453168596. It is classified under NTEE code R02.
How many years of IRS 990 filings does Leading Change Network Inc have?
Leading Change Network Inc has 10 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 $851K in total revenue.
Filing History
IRS 990 filing history for Leading Change Network Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Leading Change Network Inc's revenue has grown by 741%, moving from $92K to $778K. Total assets increased by 1416.1% over the same period, from $64K to $977K. Total functional expenses rose by 2195.6%, from $28K to $643K. In its most recent filing year (2023), Leading Change Network Inc reported a surplus of $135K, with revenue exceeding expenses. The organization holds $101K in liabilities against $977K in assets (debt-to-asset ratio: 10.3%), resulting in net assets of $877K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $778K | $643K | $977K | $101K | — | — |
| 2022 | $485K | $597K | $807K | $65K | — | — |
| 2021 | $1.4M | $720K | $983K | $129K | — | View 990 |
| 2020 | $386K | $382K | $166K | $78K | — | — |
| 2019 | $119K | $193K | $117K | $28K | — | View 990 |
| 2018 | $234K | $86K | $210K | $47K | — | View 990 |
| 2014 | $211K | $200K | $104K | $0 | — | View 990 |
| 2013 | $171K | $96K | $93K | $0 | — | View 990 |
| 2012 | $68K | $115K | $18K | $699 | — | View 990 |
| 2011 | $92K | $28K | $64K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $778K, expenses of $643K, and assets of $977K (revenue +60.4% year-over-year).
- 2022: Revenue of $485K, expenses of $597K, and assets of $807K (revenue -66.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $720K, and assets of $983K (revenue +273.7% year-over-year).
- 2020: Revenue of $386K, expenses of $382K, and assets of $166K (revenue +223.4% year-over-year).
- 2019: Revenue of $119K, expenses of $193K, and assets of $117K (revenue -48.9% year-over-year).
- 2018: Revenue of $234K, expenses of $86K, and assets of $210K (revenue +10.6% year-over-year).
- 2014: Revenue of $211K, expenses of $200K, and assets of $104K (revenue +23.6% year-over-year).
- 2013: Revenue of $171K, expenses of $96K, and assets of $93K (revenue +152.1% year-over-year).
- 2012: Revenue of $68K, expenses of $115K, and assets of $18K (revenue -26.7% year-over-year).
- 2011: Revenue of $92K, expenses of $28K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leading Change Network Inc:
Data Sources and Methodology
This transparency report for Leading Change Network 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.