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Nonprofiteer
← LEADER VALLEY FOUNDATION

Form 990 for tax year 2023

Filed by LEADER VALLEY FOUNDATION.

Totals

Total revenue
$753,557
Total expenses
$719,192
Contributions and grants received
$673,266
Grants paid
$10,000
Program service revenue
$64,879
Investment income
$15,412
Other revenue
$0
Total assets, end of year
$578,481
Total liabilities, end of year
$231,665
Net assets or fund balances, end of year
$346,816
Program services expenses (Part IX)
$487,499
Management and general expenses
$202,583
Fundraising expenses
$29,110
Program service expenses (Part III)
$487,499

Program services were 67.8% 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

    $5,945

  • 1e · Government grants (contributions)

    $10,392

  • 1f · All other contributions, gifts and grants

    $656,929

  • 2a · Program service revenue: LEADERSHIP ACCELERATORS

    total $49,641 · related or exempt $49,641

  • 2b · Program service revenue: LEADERSHIP COURSES

    total $15,238 · related or exempt $15,238

  • 3 · Investment income

    total $15,412 · excluded $15,412

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $10,000 · program services $10,000

  • 11c · Fees: accounting

    total $23,938 · management and general $23,938

  • 11e · Fees: professional fundraising services

    total $29,110 · fundraising $29,110

  • 12 · Advertising and promotion

    total $2,771 · program services $2,771

  • 14 · Information technology

    total $4,961 · program services $4,961

  • 17 · Travel

    total $6,182 · program services $6,182

  • 20 · Interest

    total $4,180 · management and general $4,180

  • 22 · Depreciation, depletion and amortization

    total $703 · management and general $703

  • 24a · Other expenses: SHARED SERVICE EXPENSE

    total $399,955 · program services $235,888 · management and general $164,067

  • 24b · Other expenses: LEADER VALLEY MATERIALS

    total $215,550 · program services $215,550

  • 24c · Other expenses: EVENT/WORKSHOP EXP

    total $8,078 · program services $8,078

  • 24d · Other expenses: PROFESSIONAL DEVELOPMENT

    total $3,496 · management and general $3,496

  • 24e · All other expenses

    total $10,268 · program services $4,069 · management and general $6,199

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $579,163 · end of year $148,749

  • 2 · Savings and temporary cash investments

    beginning of year $52,447 · end of year $427,678

  • 3 · Pledges and grants receivable

    beginning of year $57,000 · end of year $1,000

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

    $6,103

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

    $5,049

  • 10c · Land, buildings and equipment, net

    beginning of year $1,757 · end of year $1,054

  • 17 · Accounts payable and accrued expenses

    end of year $3,327

  • 19 · Deferred revenue

    beginning of year $179,004 · end of year $23,816

  • 25 · Other liabilities

    beginning of year $198,912 · end of year $204,522

  • 31 · Retained earnings, endowment or other funds

    beginning of year $312,451 · end of year $346,816

Mission and programs · 2023

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 $487,499 · Grants $10,000 · Revenue $64,879

As filed on the 2023 return.

Listed in Part VII

  • Carolyn Darrah

    FORMER PRESI

    Total calculated
    $229,798
    From this org
    $0
    From related orgs
    $207,003
    Other
    $22,795
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $206,068 related
    Bonus
    not reported
    Other
    not reported + $935 related
    Deferred
    not reported + $10,206 related
    Nontaxable benefits
    not reported + $12,589 related
    Filer's total
    not reported + $229,798 related
  • Melissa Reade

    PRESIDENT/CE

    Total calculated
    $143,419
    From this org
    $0
    From related orgs
    $121,477
    Other
    $21,942
    Hours/week
    0.5 + 40 related
  • Katie Hillyer

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related
  • Jamekia Sanders

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Bryan Earnest

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Gretchen Ogden

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Kendra Richman

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Gina Weekley

    AT-LARGE

    Total calculated
    $0
    Hours/week
    0.5
  • Aaron Jarnagin

    AT-LARGE

    Total calculated
    $0
    Hours/week
    0.5
  • Rachel Breuer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kelsey Burke

    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
  • Stephanie Detweiler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Emily Knutson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Shanlee McNally

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Selvedina Nuhanovic

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jay Schmitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Nia Wilder

    DIRECTOR

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

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Juan Villa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Josh Halvorson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Danny Laudick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

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.

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
2023
Filed
29 April 2025
IRS schema version
2023v6.0
Source object
202511199349301586

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