Totals
- Total revenue
- $48,853,926
- Total expenses
- $44,596,381
- Contributions and grants received
- $48,428,671
- Grants paid
- $0
- Program service revenue
- $64,848
- Investment income
- $311,563
- Other revenue
- $48,844
- Total assets, end of year
- $39,015,962
- Total liabilities, end of year
- $7,607,873
- Net assets or fund balances, end of year
- $31,408,089
- Program services expenses (Part IX)
- $40,553,445
- Management and general expenses
- $3,684,630
- Fundraising expenses
- $358,306
- Program service expenses (Part III)
- $40,553,445
Program services were 90.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$46,673,980
-
1f · All other contributions, gifts and grants
$1,754,691
-
2a · Program service revenue: ATHLETICS REVENUE
total $35,016 · related or exempt $35,016
-
2b · Program service revenue: STUDENT REIMBERSED EXP/UN
total $29,832 · related or exempt $29,832
-
3 · Investment income
total $311,563 · excluded $311,563
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: BILLBOARD REVENUE
total $10,400 · excluded $10,400
-
11b · Other revenue: MISCELLANEOUS REVENUE
total $38,444 · related or exempt $38,444
-
11e · Other revenue, total
$48,844
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,088,917 · program services $592,919 · management and general $456,144 · fundraising $39,854
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $22,357,053 · program services $21,089,156 · management and general $1,094,725 · fundraising $173,172
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $4,039,422 · program services $3,735,526 · management and general $267,194 · fundraising $36,702
-
10 · Payroll taxes
total $1,713,352 · program services $1,584,453 · management and general $113,332 · fundraising $15,567
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $58,245 · program services $40,471 · management and general $17,774
-
11c · Fees: accounting
total $167,207 · program services $116,182 · management and general $51,025
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,934,205 · program services $1,343,956 · management and general $590,249
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $714,343 · program services $690,154 · management and general $24,189
-
14 · Information technology
total $394,908 · program services $274,396 · management and general $120,512
-
15 · Royalties
total $0
-
16 · Occupancy
total $3,445,955 · program services $3,343,824 · management and general $102,131
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,505,649 · program services $1,441,350 · management and general $64,299
-
23 · Insurance
total $0
-
24a · Other expenses: TRANSPORTATION
total $2,951,213 · program services $2,951,213
-
24b · Other expenses: INSTRUCTIONAL SUPPLIES
total $1,820,845 · program services $1,705,234 · management and general $115,611
-
24c · Other expenses: DEVELOPMENT
total $1,223,372 · program services $863,884 · management and general $266,477 · fundraising $93,011
-
24d · Other expenses: ATHLETIC COST
total $473,765 · program services $473,765
-
24e · All other expenses
total $707,930 · program services $306,962 · management and general $400,968
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $23,024 · end of year $951
-
2 · Savings and temporary cash investments
beginning of year $11,062,669 · end of year $21,593,358
-
3 · Pledges and grants receivable
beginning of year $3,007,587 · end of year $0
-
4 · Accounts receivable
beginning of year $8,508,732 · end of year $5,005,337
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $397,920 · end of year $312,369
-
10a · Land, buildings and equipment: cost or other basis
$16,466,714
-
10b · Land, buildings and equipment: accumulated depreciation
$8,022,407
-
10c · Land, buildings and equipment, net
beginning of year $7,535,108 · end of year $8,444,307
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $4,199,730 · end of year $3,659,640
-
17 · Accounts payable and accrued expenses
beginning of year $3,230,026 · end of year $3,664,683
-
25 · Other liabilities
beginning of year $4,354,200 · end of year $3,943,190
-
27 · Net assets without donor restrictions
beginning of year $27,150,544 · end of year $31,148,089
-
28 · Net assets with donor restrictions
end of year $260,000
Mission and programs · 2022
Mission
LEAD PUBLIC SCHOOLS EXISTS TO PREPARE ALL OUR STUDENTS WITH THE KNOWLEDGE AND SKILLS TO SUCCEED IN COLLEGE AND IN LIFE.
-
LEAD SERVED ABOUT 2777 STUDENTS, IN GRADES 5-12, ON FOUR DIFFERENT CAMPUSES
Expenses $40,553,445
As filed on the 2022 return.
Listed in Part VII
-
Dwayne H TuckerDWAYNE H TUCKER
CEO
- Total calculated
- $209,926
- From this org
- $200,000
- From related orgs
- $0
- Other
- $9,926
- Hours/week
- 80
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $9,926
- Filer's total
- $209,926
-
Tait DanhausenTAIT DANHAUSEN
MS HEAD OF SCH
- Total calculated
- $188,132
- From this org
- $167,981
- From related orgs
- $0
- Other
- $20,151
- Hours/week
- 80
Schedule J breakdown matched by us
- Base
- $147,981
- Bonus
- $20,000
- Other
- not reported
- Deferred
- $10,059
- Nontaxable benefits
- $10,092
- Filer's total
- $188,132
-
Adrienne UllstedADRIENNE ULLSTED
CHIEF SO
- Total calculated
- $176,060
- From this org
- $152,873
- From related orgs
- $0
- Other
- $23,187
- Hours/week
- 80
Schedule J breakdown matched by us
- Base
- $152,873
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,157
- Nontaxable benefits
- $14,030
- Filer's total
- $176,060
-
La Voe MulgrewLA VOE MULGREW
HS HEAD OF SCH
- Total calculated
- $170,806
- From this org
- $151,788
- From related orgs
- $0
- Other
- $19,018
- Hours/week
- 80
Schedule J breakdown matched by us
- Base
- $151,788
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,092
- Nontaxable benefits
- $9,926
- Filer's total
- $170,806
-
Mary M MinichMARY M MINICH
CHIEF ACADEMIC OFC
- Total calculated
- $153,761
- From this org
- $131,250
- From related orgs
- $0
- Other
- $22,511
- Hours/week
- 80
Schedule J breakdown matched by us
- Base
- $131,250
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,862
- Nontaxable benefits
- $14,649
- Filer's total
- $153,761
-
Ashley MontgomeryASHLEY MONTGOMERY
CFO
- Total calculated
- $151,881
- From this org
- $130,000
- From related orgs
- $0
- Other
- $21,881
- Hours/week
- 80
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- $130,000
- Other
- not reported
- Deferred
- $7,232
- Nontaxable benefits
- $14,649
- Filer's total
- $151,881
-
Eloise AlexisELOISE ALEXIS
- Total calculated
- $147,314
- From this org
- $137,388
- From related orgs
- $0
- Other
- $9,926
- Hours/week
- 80
-
Ricki Allen GibbsRICKI ALLEN GIBBS
ES HEAD OF SCH
- Total calculated
- $145,736
- From this org
- $145,000
- From related orgs
- $0
- Other
- $736
- Hours/week
- 80
-
Frank NicolasFRANK NICOLAS
- Total calculated
- $139,802
- From this org
- $131,155
- From related orgs
- $0
- Other
- $8,647
- Hours/week
- 80
-
Carter PaineCARTER PAINE
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jimmy PattonJIMMY PATTON
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jonanthan DykeJONANTHAN DYKE
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Byran FisherDR BYRAN FISHER
Director
- Total calculated
- $0
- Hours/week
- 2
-
Valerie HayesVALERIE HAYES
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mike HoniusMIKE HONIUS
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Rob KellerROB KELLER
Director
- Total calculated
- $0
- Hours/week
- 2
-
Earl LattimoreEARL LATTIMORE
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Annette LittleDR ANNETTE LITTLE
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jerome OglesbyJEROME OGLESBY
Director
- Total calculated
- $0
- Hours/week
- 2
-
Linda PannockLINDA PANNOCK
Director
- Total calculated
- $0
- Hours/week
- 2
-
Alex RyersonALEX RYERSON
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jimmie StrongJIMMIE STRONG
Director
- Total calculated
- $0
- Hours/week
- 2
-
Donald TaylorDONALD TAYLOR
Director
- Total calculated
- $0
- Hours/week
- 2
-
Don WilliamsonDON WILLIAMSON
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
LEAD ACADEMY NONPROFIT LLC
EDUCATION · TN
-
CAMERON COLLEGE PREP NONPROFIT LLC
EDUCATION · TN
-
BRICK CHURCH COLLEGE PREP LLC
EDUCATION · TN
-
LEAD PREP SOUTHEAST LLC
EDUCATION · TN
-
NEELYS BEND COLLEGE PREP NONPROFIT LLC
EDUCATION · TN
-
LEAD REAL ESTATE HOLDINGS NONPROFIT LLC
REAL ESTATE · TN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411359349311516
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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