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Nonprofiteer
← LEADER VALLEY FOUNDATION

Form 990 for tax year 2024

Filed by LEADER VALLEY FOUNDATION.

Totals

Total revenue
$1,083,946
Total expenses
$745,438
Contributions and grants received
$972,501
Grants paid
$20,000
Program service revenue
$88,775
Investment income
$22,670
Other revenue
$0
Total assets, end of year
$874,179
Total liabilities, end of year
$185,996
Net assets or fund balances, end of year
$688,183
Program services expenses (Part IX)
$348,675
Management and general expenses
$360,608
Fundraising expenses
$36,155
Program service expenses (Part III)
$348,675

Program services were 46.8% 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.

  • 1a · Federated campaigns

    $5,000

  • 1f · All other contributions, gifts and grants

    $967,501

  • 2a · Program service revenue: ELEVATE LEADERSHIP ACADEMY

    total $43,265 · related or exempt $43,265

  • 2b · Program service revenue: LEADERSHIP ACCELERATORS

    total $33,186 · related or exempt $33,186

  • 2c · Program service revenue: LEADERSHIP COURSES

    total $12,324 · related or exempt $12,324

  • 3 · Investment income

    total $22,670 · excluded $22,670

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $20,000 · program services $20,000

  • 11c · Fees: accounting

    total $43,639 · management and general $43,639

  • 11e · Fees: professional fundraising services

    total $36,155 · fundraising $36,155

  • 12 · Advertising and promotion

    total $2,842 · program services $2,842

  • 14 · Information technology

    total $5,412 · program services $5,412

  • 16 · Occupancy

    total $12,600 · program services $12,600

  • 17 · Travel

    total $3,252 · program services $3,252

  • 20 · Interest

    total $4,527 · management and general $4,527

  • 22 · Depreciation, depletion and amortization

    total $703 · management and general $703

  • 23 · Insurance

    total $8,480 · program services $8,480

  • 24a · Other expenses: SHARED SERVICE EXPENSE

    total $444,639 · program services $200,252 · management and general $244,387

  • 24b · Other expenses: LV PROGRAM/SUPPLIES

    total $37,963 · program services $37,963

  • 24c · Other expenses: PAYROLL TAXES

    total $27,561 · program services $20,668 · management and general $6,893

  • 24d · Other expenses: EDUCATION MATERIALS

    total $25,865 · program services $25,865

  • 24e · All other expenses

    total $71,800 · program services $11,341 · management and general $60,459

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $148,749 · end of year $398,218

  • 2 · Savings and temporary cash investments

    beginning of year $427,678 · end of year $430,235

  • 3 · Pledges and grants receivable

    beginning of year $1,000 · end of year $30,000

  • 9 · Prepaid expenses and deferred charges

    end of year $15,375

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

    $6,103

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

    $5,752

  • 10c · Land, buildings and equipment, net

    beginning of year $1,054 · end of year $351

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,327 · end of year $4,062

  • 19 · Deferred revenue

    beginning of year $23,816

  • 25 · Other liabilities

    beginning of year $204,522 · end of year $181,934

  • 31 · Retained earnings, endowment or other funds

    beginning of year $346,816 · end of year $688,183

Mission and programs · 2024

Mission

TO LEAD A BUSINESS-EDUCATION PARTNERSHIP TO DEVELOP THE LEADERSHIP SKILLS OF CEDAR VALLEY STUDENTS.

Activities or mission (Part I)

LEAD A BUSINESS-EDUCATION PARTNERSHIP TO DEVELOP THE LEADERSHIP SKILLS OF CEDAR VALLEY STUDENTS.

  • THE LEADER VALLEY PROGRAM HELPS FUND AREA SCHOOLS IN HAVING PROGRAMS WHICH ARE INTENDED TO REDUCE DROPOUTS FROM SCHOOL AS WELL AS GAIN SKILLS NECESSARY TO BE SUCCESSFUL IN SCHOOL AND IN LIFE.

    Expenses $348,675 · Grants $20,000 · Revenue $88,775

As filed on the 2024 return.

Listed in Part VII

  • Melissa Reade

    PRESIDENT/CE

    Total calculated
    $149,014
    From this org
    $0
    From related orgs
    $126,860
    Other
    $22,154
    Hours/week
    0.5 + 40 related
  • Shanlee McNally

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Erin Earnest

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Gretchen Ogden

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Braden Yauk

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Katie Hillyer

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Rachel Breuer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ashley Buck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Precious Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Carolina Coronado-Park

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kim Cross

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Liz Dejoode

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Beauty Fitts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Torie Greenwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Josh Halvorson

    AT-LARGE

    Total calculated
    $0
    Hours/week
    0.5
  • Aaron Jarnagin

    AT-LARGE

    Total calculated
    $0
    Hours/week
    0.5
  • Sherita Jenkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Michele Knaack

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Emily Knutson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jeremy Langner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Danny Laudick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related
  • Jane Messingham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jill Murray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Vicki Parsons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related
  • Madelyn Ridgeway

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Selvedina Samardzic

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jameika Sanders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kelsey Schroeder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Abby Turpin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ryan Vanmaanen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Juan Villa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 September 2025
IRS schema version
2024v5.0
Source object
202620899349300762

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