Form 990-EZ for tax year 2022

Totals

Total revenue

$87,411

Total expenses

$149,151

Contributions and grants received

$49,607

Grants paid

— not reported

Program service revenue

$37,804

Membership dues (line 3)

— not reported

Investment income (line 4)

— not reported

Gain or loss on sale of assets (line 5c)

— not reported

Gaming and fundraising events, net (line 6d)

— not reported

Gross profit on inventory sales (line 7c)

— not reported

Other revenue (line 8)

— not reported

Total assets, end of year

$62,441

Total liabilities, end of year

$82,645

Net assets or fund balances, end of year

-$20,204

Program service expenses (Part III)

$0

Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

• Leadership SouthCoast serves its mission through multiple programs. Its flagship annual community leadership program, LEAD SouthCoast, is the only of its kind in the region. It is a 10 month intensive that focuses on topic areas which include, economic development, basic needs, public health, arts & culture, government, environmental sustainability, education, criminal justice and racial justice & social equity. The main goal of the program is to prepare representative emerging leaders to step into community work informed, engaged and ready to seek solutions.An inclusive cohort of 30 -35 people of varying backgrounds come together to learn about the region. The cohort draws from over 25 organizations throughout the region from the nonprofit, private, and public sectors. The program./organization was put on hiatus during the pandemic. LSC relaunched in January 2022 and graduated its first post-pandemic cohort of 29 people representing 25 organizations in June 2023.The organization is piloting a new component of the LEAD SouthCoast program this fall, Board Fellowship. This is intended to create a pipeline of leaders directly to boards and commissions. LSC is also piloting College LEAD SoCo which will create a pipeline of first generation and BIPOC college students into large hiring organizations throughout the region. This program is intended to end the brain drain and keep our emerging, educated professionals on the south coast where they can start and grow a career.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990_ez

Tax year

2022

Filed

8 November 2023

IRS schema version

2022v5.0

Source object

202333129349200723

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