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Nonprofiteer
← LEADERSHIP LOUISVILLE FOUNDATION INCORPORATED

Form 990 for tax year 2024

Filed by LEADERSHIP LOUISVILLE FOUNDATION INCORPORATED.

Totals

Total revenue
$3,289,322
Total expenses
$3,647,133
Contributions and grants received
$407,136
Grants paid
$0
Program service revenue
$2,610,006
Investment income
$272,180
Other revenue
$0
Total assets, end of year
$5,800,959
Total liabilities, end of year
$1,245,471
Net assets or fund balances, end of year
$4,555,488
Program services expenses (Part IX)
$3,109,168
Management and general expenses
$376,475
Fundraising expenses
$161,490
Program service expenses (Part III)
$3,109,168

Program services were 85.2% 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.

  • 1f · All other contributions, gifts and grants

    $407,136

  • 2a · Program service revenue: TUITION

    total $1,622,066 · related or exempt $1,622,066

  • 2b · Program service revenue: SPONSORSHIPS

    total $470,553 · related or exempt $470,553

  • 2c · Program service revenue: LEADERSHIP EVENTS

    total $376,115 · related or exempt $376,115

  • 2d · Program service revenue: MEMBER DUES

    total $132,090 · related or exempt $132,090

  • 2e · Program service revenue: FACILITY

    total $5,200 · related or exempt $5,200

  • 2f · All other program service revenue

    total $3,982 · related or exempt $3,982

  • 3 · Investment income

    total $173,729 · excluded $173,729

  • 7a · Gross sales of assets other than inventory

    securities $337,626

  • 7b · Less cost or other basis and sales expenses

    securities $239,175

  • 7c · Gain or loss

    securities $98,451

  • 7d · Net gain or loss

    total $98,451 · excluded $98,451

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $287,131 · program services $235,448 · management and general $31,584 · fundraising $20,099

  • 7 · Other salaries and wages

    total $1,520,132 · program services $1,296,927 · management and general $146,080 · fundraising $77,125

  • 8 · Pension plan contributions

    total $120,715 · program services $98,986 · management and general $13,279 · fundraising $8,450

  • 9 · Other employee benefits

    total $137,091 · program services $124,781 · management and general $6,836 · fundraising $5,474

  • 10 · Payroll taxes

    total $122,670 · program services $100,589 · management and general $13,494 · fundraising $8,587

  • 11b · Fees: legal

    total $226 · program services $194 · management and general $18 · fundraising $14

  • 11c · Fees: accounting

    total $85,852 · program services $72,971 · management and general $7,729 · fundraising $5,152

  • 11f · Fees: investment management

    total $11,824 · management and general $11,824

  • 11g · Fees: other

    total $86,430 · program services $70,331 · management and general $12,879 · fundraising $3,220

  • 12 · Advertising and promotion

    total $116,855 · program services $90,271 · management and general $24,956 · fundraising $1,628

  • 13 · Office expenses

    total $40,784 · program services $23,433 · management and general $16,429 · fundraising $922

  • 14 · Information technology

    total $85,291 · program services $70,826 · management and general $9,360 · fundraising $5,105

  • 16 · Occupancy

    total $278,874 · program services $259,982 · management and general $13,522 · fundraising $5,370

  • 17 · Travel

    total $7,531 · program services $2,838 · management and general $4,289 · fundraising $404

  • 19 · Conferences, conventions and meetings

    total $196,480 · program services $178,423 · management and general $17,580 · fundraising $477

  • 22 · Depreciation, depletion and amortization

    total $156,326 · program services $132,878 · management and general $9,379 · fundraising $14,069

  • 23 · Insurance

    total $16,831 · program services $8,584 · management and general $7,237 · fundraising $1,010

  • 24a · Other expenses: EVENT CATERING/FOOD

    total $290,040 · program services $282,192 · management and general $6,468 · fundraising $1,380

  • 24b · Other expenses: MISCELLANEOUS

    total $30,360 · program services $25,273 · management and general $4,509 · fundraising $578

  • 24c · Other expenses: PROF DEVELOPMENT

    total $17,540 · program services $11,839 · management and general $5,030 · fundraising $671

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $16,319 · program services $9,616 · management and general $5,882 · fundraising $821

  • 24e · All other expenses

    total $21,831 · program services $12,786 · management and general $8,111 · fundraising $934

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,754 · end of year $412,061

  • 2 · Savings and temporary cash investments

    beginning of year $68 · end of year $69

  • 3 · Pledges and grants receivable

    beginning of year $128,738 · end of year $89,524

  • 4 · Accounts receivable

    beginning of year $613,093 · end of year $278,019

  • 9 · Prepaid expenses and deferred charges

    beginning of year $67,254 · end of year $68,043

  • 10a · Land, buildings and equipment: cost or other basis

    $3,583,698

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,124,526

  • 10c · Land, buildings and equipment, net

    beginning of year $2,611,713 · end of year $2,459,172

  • 11 · Investments: publicly traded securities

    beginning of year $1,886,148 · end of year $1,954,052

  • 15 · Other assets

    beginning of year $552,383 · end of year $540,019

  • 17 · Accounts payable and accrued expenses

    beginning of year $128,450 · end of year $172,385

  • 19 · Deferred revenue

    beginning of year $1,040,911 · end of year $1,073,086

  • 27 · Net assets without donor restrictions

    beginning of year $3,607,356 · end of year $3,514,594

  • 28 · Net assets with donor restrictions

    beginning of year $1,271,434 · end of year $1,040,894

Mission and programs · 2024

Mission

WE INSPIRE AND EQUIP LEADERS TO BE BETTER AND DO BETTER.

  • COMMUNITY LEADERSHIP PROGRAMS - SIX COMMUNITY LEADERSHIP PROGRAMS CENTERED ON THE LOUISVILLE REGION ARE OFFERED TO HELP INDIVIDUALS LEAD ORGANIZATIONS AND COMMUNITIES INTO THE FUTURE WITH CONFIDENCE AND VISION. THESE PROGRAMS PROVIDE DIVERSE EXPERIENCES THAT EQUIP PARTICIPANTS WITH THE TOOLS, CONNECTIONS, AND CRITICAL SKILLS TO TURN ENERGY AND PASSION INTO ACCOMPLISHMENT. THEY RANGE FROM 2 DAY TO 1 YEAR LONG EXPERIENCES AND OVER 400 PARTICIPANTS GRADUATE FROM THE SIX PROGRAMS EACH YEAR (LEADERSHIP LOUISVILLE, IGNITE LOUISVILLE, BINGHAM FELLOWS, FOCUS LOUISVILLE, ALICE HOUSTON WOMEN'S PROGRAM, AND ENCORE LOUISVILLE).

    Expenses $1,396,242 · Revenue $1,276,386

  • LEADERSHIP SKILLS DEVELOPMENT - ORGANIZATIONS AND INDIVIDUALS FROM ALL SECTORS PARTICIPATE IN TRAINING AND TALENT DEVELOPMENT EXPERIENCES TO BUILD CRITICAL COMPETENCIES THROUGHOUT THEIR LEADERSHIP JOURNEYS. PARTICIPANTS GAIN TRANSFORMATIONAL LEARNING OPPORTUNITIES TO DEVELOP THE CONFIDENCE AND SKILLS TO ENGAGE AND INSPIRE OTHERS, MANAGE CHANGE, THINK STRATEGICALLY, AND MORE. OFFERINGS RANGE FROM ONE AND TWO-DAY TRAINING COURSES, AN ANNUAL DAY OF LEARNING CALLED THE BEST OF LEADERSHIP SUMMIT, AND TRAINING DELIVERED TO SMALL GROUPS WITHIN AN ORGANIZATION.

    Expenses $603,100 · Revenue $506,880

  • NETWORKING EVENTS & MEMBERSHIP- ALONG WITH OFFERING MEMBERSHIP IN THE ORGANIZATION, EACH YEAR A CALENDAR OF SPECIAL EVENTS ARE OFFERED TO KEEP PROGRAM GRADUATES AND THE OVERALL COMMUNITY ENGAGED, CONNECTED, AND MOTIVATED FOR POSITIVE CHANGE. THIS INCLUDES AN ANNUAL LEADERSHIP LOUISVILLE LUCHEON, QUARTERLY 100 WISE WOMEN NETWORKING EVENTS, EVENTS DESIGNED SPECIFICALLY FOR DUES PAYING MEMBERS, AND VARIOUS OTHER SPECIAL EVENTS.

    Expenses $892,467 · Revenue $685,468

  • NATIONAL EXPANSION - THE GOAL IS TO AMPLIFY THE ABILITY OF THE COMMUNITY LEADERSHIP PROGRAMS TO BRIDGE DIVIDES ALL OVER THE COUNTRY BY EQUIPPING CURRENT AND FUTURE LEADERS WITH THE CONFIDENCE, COURAGE, AND CONNECTIONS TO IMPACT CHANGE.

    Expenses $217,359

  • FOUNDATION - OPERATIONAL INCOME FROM MEMBER DUES, FACILITY RENTAL, AND OTHER.

    Revenue $141,272

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Annie Likins

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Brad Smith

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Carly Launius

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Christy Lanier-Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cory Skolnick

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Cynthia Knapek

    PRESIDENT & CEO

    Total calculated
    $269,549
    From this org
    $226,771
    From related orgs
    $0
    Other
    $42,778
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $211,681
    Bonus
    $15,000
    Other
    $90
    Deferred
    $36,988
    Nontaxable benefits
    $5,790
    Filer's total
    $269,549
  • Dana Bynum Mayton

    EX-OFFICIO DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Elaine Gravatte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gretchen Leiterman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jill Wilcox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kristen Byrd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mike Fine

    COUNSEL

    Total calculated
    $0
    Hours/week
    2
  • Sarah Davasher-Wisdom

    EX-OFFICIO DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Scott Jennings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tammy McClanahan

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Tony Georges

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Greg Pope

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Kimberly Halbauer

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    2
  • Keturah Jenkins

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Victoria Russell

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Katherine Armstrong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ashley Duncan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Birnsteel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Douglas Craddock Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Carmen Estopare

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michael Francesconi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Philip Imber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ben Donlon

    EX-OFFICIO DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lyndon Pryor

    EX-OFFICIO DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Aaron Miller

    VICE PRESIDENT

    Total calculated
    $138,531
    From this org
    $115,101
    From related orgs
    $0
    Other
    $23,430
    Hours/week
    46
  • Holly Prather

    CHIEF OPERATIONS OFFICER

    Total calculated
    $157,820
    From this org
    $130,568
    From related orgs
    $0
    Other
    $27,252
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $125,441
    Bonus
    $5,000
    Other
    $127
    Deferred
    $21,462
    Nontaxable benefits
    $5,790
    Filer's total
    $157,820

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

  • 3 · Approval by the board or compensation committee

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.

  • 707 WEST MAIN LLC

    FINANCING AND OPERATING REAL ESTATE · KY · income $0 · assets $2,288,018

    Directly controlled by LEADERSHIP LOUISVILLE FOUNDATION INC

Provenance

Return type
form_990
Tax year
2024
Filed
4 December 2025
IRS schema version
2024v5.2
Source object
202503449349300120

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