Totals
- Total revenue
- $4,398,657
- Total expenses
- $4,368,660
- Contributions and grants received
- $3,654,100
- Grants paid
- $0
- Program service revenue
- $612,451
- Investment income
- $0
- Other revenue
- $132,106
- Total assets, end of year
- $3,167,262
- Total liabilities, end of year
- $2,877,944
- Net assets or fund balances, end of year
- $289,318
- Program services expenses (Part IX)
- $3,139,963
- Management and general expenses
- $536,117
- Fundraising expenses
- $692,580
- Program service expenses (Part III)
- $3,139,963
Program services were 71.9% 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.
-
1f · All other contributions, gifts and grants
$3,654,100
-
2a · Program service revenue: PROGRAM REVENUE
total $612,451 · related or exempt $612,451
-
11a · Other revenue: MISCELLANEOUS INCOME
total $132,106 · related or exempt $132,106
-
11e · Other revenue, total
$132,106
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $336,154 · program services $285,731 · management and general $50,423
-
7 · Other salaries and wages
total $1,577,430 · program services $1,396,371 · management and general $181,059
-
9 · Other employee benefits
total $191,128 · program services $177,780 · management and general $13,348
-
10 · Payroll taxes
total $210,363 · program services $185,810 · management and general $24,553
-
13 · Office expenses
total $3,113 · management and general $1,952 · fundraising $1,161
-
14 · Information technology
total $43,991 · program services $12,600 · management and general $31,391
-
16 · Occupancy
total $24,748 · program services $5,049 · management and general $19,699
-
17 · Travel
total $97,157 · program services $30,195 · fundraising $66,962
-
19 · Conferences, conventions and meetings
total $112,600 · management and general $20,228 · fundraising $92,372
-
23 · Insurance
total $4,287 · management and general $4,287
-
24a · Other expenses: PROGRAM CONSULTANT & SU
total $1,265,669 · program services $733,584 · fundraising $532,085
-
24b · Other expenses: GRANT AND MANAGEMENT CO
total $178,650 · program services $178,650
-
24c · Other expenses: PROFESSIONAL FEES
total $132,076 · program services $16,666 · management and general $115,410
-
24d · Other expenses: APP AND PROGRAM DEVELOP
total $48,000 · program services $48,000
-
24e · All other expenses
total $143,294 · program services $69,527 · management and general $73,767
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,532,091 · end of year $2,412,262
-
3 · Pledges and grants receivable
beginning of year $1,292,776 · end of year $755,000
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $56,751
-
25 · Other liabilities
beginning of year $5,508,795 · end of year $2,877,944
-
27 · Net assets without donor restrictions
beginning of year $259,321 · end of year $289,318
Mission and programs · 2024
Mission
PRIMARY MISSION: TRANSFORM HOW AMERICA WORKS BY UNLOCKING THE POTENTIAL OF BIPOC YOUNG TALENT TO DRIVE THE ECONOMY FORWARD AND BROADEN ECONOMIC OPPORTUNITY ACCESS FOR BIPOC YOUNG ADULTS.
Activities or mission (Part I)
TRANSFORM HOW AMERICA WORKS BY UNLOCKING THE POTENTIAL OF BIPOC YOUNG TALENT TO DRIVE THE ECONOMY FORWARD AND BROADEN ECONOMIC OPPORTUNITY ACCESS FOR BIPOC YOUNG ADULTS.
-
LEADERSUP EXECUTES THEIR MISSION BY ELEVATING THE VOICES OF BIPOC YOUNG ADULTS FROM THE MARGINS TO THE CENTER AND BRIDGING GAPS ACROSS SYSTEMS-CONNECTING EMPLOYERS, EDUCATORS, POLICYMAKERS, AND COMMUNITIES TO REDESIGN TALENT PATHWAYS AND DISMANTLE STRUCTURAL BARRIERS.
Expenses $3,139,963 · Revenue $744,557
As filed on the 2024 return.
Listed in Part VII
-
John VisbalJOHN VISBAL
TREASURER, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Cess PayneCESS PAYNE
SECRETARY, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Grace KimGRACE KIM
VICE CHAIR, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Gary PainterGARY PAINTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angel RobersonANGEL ROBERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Candi CastleberryCANDI CASTLEBERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary ReevesGARY REEVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Malgy BlueMALGY BLUE
CHAIR, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jeffery WallaceJEFFERY WALLACE
PRESIDENT & CEO
- Total calculated
- $336,154
- From this org
- $336,154
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $336,154
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $336,154
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 · 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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543079349302034
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