Skip to content
Nonprofiteer
← LEAD THE WAY FUND INC

Form 990 for tax year 2022

Filed by LEAD THE WAY FUND INC.

Totals

Total revenue
$1,188,776
Total expenses
$1,363,031
Contributions and grants received
$1,019,067
Grants paid
$582,688
Program service revenue
$0
Investment income
$256,144
Other revenue
-$86,435
Total assets, end of year
$14,717,006
Total liabilities, end of year
$389,139
Net assets or fund balances, end of year
$14,327,867
Program services expenses (Part IX)
$863,341
Management and general expenses
$348,238
Fundraising expenses
$151,452
Program service expenses (Part III)
$863,341

Program services were 63.3% 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.

  • 1c · Fundraising events

    $473,662

  • 1f · All other contributions, gifts and grants

    $545,405

  • 1g · Noncash contributions included above

    $6,550

  • 3 · Investment income

    total $359,059 · related or exempt $359,059

  • 7a · Gross sales of assets other than inventory

    securities $1,855,953

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

    securities $1,958,868

  • 7c · Gain or loss

    securities -$102,915

  • 7d · Net gain or loss

    total -$102,915 · related or exempt -$102,915

  • 8a · Fundraising events: gross income

    $30,075

  • 8a · Fundraising events: contributions included on line 1c

    $473,662

  • 8b · Fundraising events: direct expenses

    $126,216

  • 8c · Net income from fundraising events

    total -$96,141 · excluded -$96,141

  • 10a · Gross sales of inventory

    $27,786

  • 10b · Cost of goods sold

    $18,080

  • 10c · Net income from sales of inventory

    total $9,706 · excluded $9,706

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $427,840 · program services $427,840

  • 2 · Grants to domestic individuals

    total $154,848 · program services $154,848

  • 5 · Compensation of officers, directors and key employees

    total $101,473 · program services $101,473

  • 7 · Other salaries and wages

    total $238,322 · program services $94,880 · management and general $95,378 · fundraising $48,064

  • 10 · Payroll taxes

    total $38,100 · program services $20,635 · management and general $10,643 · fundraising $6,822

  • 11b · Fees: legal

    total $3,571 · management and general $3,571

  • 11c · Fees: accounting

    total $39,760 · management and general $39,760

  • 11e · Fees: professional fundraising services

    total $27,000 · fundraising $27,000

  • 11f · Fees: investment management

    total $75,400 · management and general $75,400

  • 11g · Fees: other

    total $29,031 · program services $13,982 · management and general $13,174 · fundraising $1,875

  • 12 · Advertising and promotion

    total $3,424 · program services $2,972 · management and general $452

  • 13 · Office expenses

    total $70,118 · program services $14,985 · management and general $55,133

  • 16 · Occupancy

    total $36,791 · management and general $36,791

  • 17 · Travel

    total $30,370 · program services $30,261 · management and general $109

  • 22 · Depreciation, depletion and amortization

    total $7,335 · management and general $7,335

  • 23 · Insurance

    total $4,693 · program services $1,465 · management and general $2,660 · fundraising $568

  • 24a · Other expenses: CANCELLED EVENTS

    total $45,200 · fundraising $45,200

  • 24b · Other expenses: CREDIT CARD FEES

    total $21,923 · fundraising $21,923

  • 24c · Other expenses: LICENSES & FEES

    total $7,104 · management and general $7,104

  • 24d · Other expenses: BANK CHARGES

    total $728 · management and general $728

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $379 · end of year $13,055

  • 2 · Savings and temporary cash investments

    beginning of year $778,210 · end of year $528,675

  • 4 · Accounts receivable

    beginning of year $10,405 · end of year $19,162

  • 9 · Prepaid expenses and deferred charges

    beginning of year $95,429 · end of year $129,783

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

    $60,715

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

    $48,505

  • 10c · Land, buildings and equipment, net

    beginning of year $14,440 · end of year $12,210

  • 11 · Investments: publicly traded securities

    beginning of year $11,454,709 · end of year $12,053,172

  • 14 · Intangible assets

    beginning of year $3,052 · end of year $2,713

  • 15 · Other assets

    beginning of year $1,332,563 · end of year $1,958,236

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,444 · end of year $69,022

  • 19 · Deferred revenue

    beginning of year $76,017 · end of year $208,866

  • 25 · Other liabilities

    beginning of year $0 · end of year $111,251

  • 27 · Net assets without donor restrictions

    beginning of year $13,369,726 · end of year $14,127,867

  • 28 · Net assets with donor restrictions

    beginning of year $200,000 · end of year $200,000

Mission and programs · 2022

Mission

ARMY RANGER LEAD THE WAY FUND IS AN ACTIVE DUTY, CASUALTY ASSISTANCE, RECOVERY, TRANSITION AND VETERANS ORGANIZATION THAT PROVIDES FINANCIAL SUPPORT TO U.S. ARMY RANGERS AND THE FAMILIES OF THOSE WHO HAVE DIED, HAVE BEEN DISABLED OR WHO ARE CURRENTLY SERVING IN HARM'S WAY AROUND THE WORLD.

  • RECOVERY, RESILIENCY, EDUCATION, AND TRANSITION PROGRAM: WHEN OUR WOUNDED, ILL OR INJURED RANGERS RETURN FROM COMBAT, THE SEVERITY OF THEIR INJURIES IS OFTEN TO THE DEGREE THAT THEIR DISABILITIES PREVENT THEM AND THEIR FAMILIES FROM BEING ABLE TO FULLY SUPPORT THEMSELVES. THE CARE PROVIDED BY THE GOVERNMENT IS OFTEN LIMITED AND INSUFFICIENT TO SUPPORT THEIR NEEDS. LTWF PROVIDES ONGOING SUPPORT, FROM THE MOMENT OF INJURY, THROUGH THE SHORT AND LONG-TERM RECOVERY, REHABILITATION, AND TRANSITION PROCESS. STARTING WITH AN IMMEDIATE FINANCIAL GRANT OF $5,000 FOR RANGERS THAT ARE WOUNDED IN ACTION OR DURING TRAINING, AND TO THE FAMILIES OF RANGERS WHO HAVE BEEN KILLED IN ACTION. IF A SPOUSE OR ADDITIONAL FAMILY MEMBERS NEED TO BE AT THE BEDSIDE OF THEIR LOVED ONE, WE ENSURE THAT THE TRAVEL COSTS, ACCOMMODATIONS (INCLUDING EXTENDED STAY), CHILD CARE, AND EXPENSES ARE COVERED SO THERE IS NO ADDED FINANCIAL OR EMOTIONAL STRESS. IF THE RANGER SUFFERS A SETBACK DURING HIS RECOVERY PROCESS THAT REQUIRES ADDITIONAL HOSPITALIZATION AND THERAPIES, LTWF WILL PROVIDE ADDITIONAL GRANTS TO THE FAMILY SO THERE IS NO FINANCIAL SHORTFALL. WITH THE ONGOING CHALLENGE OF SERVICE MEMBERS DEVELOPING POST-TRAUMATIC STRESS, LTWF THROUGH OUR RANGER RESILIENCY PROGRAM, IS COMMITTED TO ENSURING RANGERS RECEIVE ACCESS TO THE BEST MENTAL HEALTH PROVIDERS AVAILABLE. BY SUPPORTING THE FAMILY UNIT DURING THIS EMOTIONAL JOURNEY, WE HOPE TO ALLEVIATE THE FINANCIAL STRAIN SO OUR RANGERS CAN FOCUS ON GETTING THE INTENSIVE, AND PROPER, TREATMENT THEY NEED.RANGER RESILIENCY SPECIAL PROGRAMS: THE DEDICATED RANGER CHAPLAINS HAVE THE RESPONSIBILITY OF CARING FOR THE SPIRITUAL AND EMOTIONAL WELL-BEING AND THE RESILIENCY OF THE RANGERS AND THEIR FAMILIES. ARMY RANGER LEAD THE WAY FUND SEES IT AS OUR OBLIGATION TO ASSIST OUR RANGER CHAPLAINS WITH THE ENDURING TASK OF ENHANCING RANGER MORALE AND SUSTAINING FAMILY RELATIONSHIPS. ARMY RANGER LEAD THE WAY FUND PROVIDES ENRICHMENT GRANTS FOR THESE PROGRAMS THAT ARE ESTABLISHED BY CHAPLAIN COMMAND. MARRIAGE RETREATS AND DATE NIGHTS FEATURE RELATIONSHIP TRAINING LED BY RANGER CHAPLAINS AND ALSO OFFER FREE TIME FOR RANGER COUPLES TO CONNECT AND RECHARGE THEIR RELATIONSHIP. SINGLE RANGER RETREATS FEATURE CHAPLAIN-LED TRAINING ON LIFE AND RELATIONSHIP SUCCESS AS WELL AS HIGH-ENERGY ACTIVITIES LIKE MOUNTAIN CLIMBING, SNOW SKIING, WHITE-WATER RAFTING, AND MOUNTAIN BIKING. BIBLE STUDIES: RANGER CHAPLAINS AND THEIR WIVES LEAD BIBLE STUDIES AND OTHER SPIRITUAL-GROWTH EVENTS FOR RANGER COUPLES OR WIVES OF DEPLOYED RANGERS AND OUR LTWF RESOURCES PROVIDE MUCH-NEEDED CHILDCARE FOR THESE EVENTS.FOR OUR RANGERS WHO HAVE SUFFERED SEVERE INJURIES SUCH AS PARALYSIS OR AMPUTATIONS, LTWF PROVIDES THE SUPPORT FOR MODIFIED VEHICLES AND BUILDING AND MODIFYING MORTGAGE-FREE, ACCESSIBLE, AND SMART HOMES. THESE "HOMES THAT HEAL" ARE CUSTOM BUILT TO INCLUDE THE SPECIFIC ADAPTIVE EQUIPMENT NECESSARY TO SUPPORT THE SPECIFIC NEEDS OF EACH RANGER.OUR RANGERS ARE AMONG THE MOST DISCIPLINED AND SKILLED WARRIORS IN THE WORLD AND WE ARE DEDICATED TO HELPING THEM UTILIZE THEIR INGRAINED SKILLS BY EMPOWERING THEM TO THRIVE IN CAREERS AT TOP UNIVERSITIES AROUND THE COUNTRY. WHEN RANGERS MAKE THE DECISION NOT TO RE-ENLIST IN THE REGIMENT AFTER A LONG AND SUCCESSFUL MILITARY CAREER, THE TRANSITION BACK TO CIVILIAN LIFE CAN BE CHALLENGING. THROUGH OUR WARRIOR EDUCATION TRANSITION PROGRAMS SUCH AS OUR COLLEGIATE ACCESS PROGRAM (CAP); GRADUATE ACCESS PROGRAM (GAP); RANGER ACTIVATION AND MENTOR PROGRAM (RAMP); WE ARE COMMITTED TO HELPING OUR RANGERS THROUGH THE REINTEGRATION PROCESS, ENSURING THAT THEY ACHIEVE THEIR GOALS OF A REWARDING AND PROSPEROUS CIVILIAN LIFE. THROUGH LTWF'S CAP/GAP/RAMP PROGRAMS, RANGERS INTERESTED IN SECONDARY EDUCATION HAVE ACCESS TO THE MOST PRESTIGIOUS UNIVERSITIES IN THE COUNTRY AS WELL AS ASSISTANCE WITH TEST PREP, APPLICATION AND ESSAY EDITING, SCHOLARSHIP AND FELLOWSHIPS AS WELL AS INTERNSHIP AND JOB PROGRAMS.STAYING ACTIVE AND COMPETITIVE IS PARAMOUNT TO THE EMOTIONAL AND PHYSICAL PRESERVATION OF OUR WOUNDED RANGERS. LTWF PROVIDES SUPPORT FOR OUR RANGERS WHO PARTICIPATE IN THE WARRIOR GAMES (ADAPTIVE SPORTS COMPETITION FOR WOUNDED, ILL, AND INJURED SERVICE MEMBERS). WE WILL ALSO ACCOMMODATE IMMEDIATE FAMILY MEMBERS SO THEY CAN SEE THEIR LOVED ONES COMPETE.

    Expenses $339,856 · Grants $210,035

  • RANGER AND FAMILY HEALTH AND WELLNESS PROGRAMS: WITH CONSECUTIVE DEPLOYMENTS SINCE THE START OF THE GLOBAL WAR ON TERRORISM, THE PRESERVATION OF THIS EXTREMELY PRESSURED FORCE IS A NECESSITY. WHEN A RANGER IS DEPLOYED, SO IS HIS FAMILY. THE LONG SEPARATIONS CAN BE CHALLENGING AND STRENUOUS ON THE FAMILY UNIT. FAMILY READINESS GROUPS (FRGS), CONSISTING OF FAMILY MEMBERS AND OTHER VOLUNTEERS ASSOCIATED WITH A PARTICULAR UNIT, ACT AS FIRST RESPONDERS THAT SERVE TO ENHANCE THE WELL-BEING, MORALE, AND ESPRIT DE CORP OF THE UNIT. THROUGH OUR RANGER AND FAMILY HEALTH AND WELLNESS PROGRAM, WE PROVIDE THE FRGS IN THE REGIMENT WITH GRANTS TO PAY FOR THESE ALL-IMPORTANT FAMILY MORALE-BOOSTING ACTIVITIES. LTWF UNDERSTANDS THE STRAIN AND STRESS THE FAMILIES OF THIS ELITE FORCE ENDURE; CONSERVATION OF THE FAMILY UNIT IS PARAMOUNT FOR THE MORALE AND FOCUS OF OUR RANGERS. WHEN THE ULTIMATE SACRIFICE HAPPENS, LTWF WILL PROVIDE FUNDS TO GET FRG "FIRST RESPONDERS" TO THE SIDE OF THE RANGER WIFE AND FAMILY DURING THE ARDUOUS BURIAL PROCESS. ARMY RANGER LEAD THE WAY FUND SUPPORTS MORAL FUNCTION GRANTS FOR ALL-IMPORTANT PRE- AND POST-DEPLOYMENT MORALE-BOOSTING ACTIVITIES. DURING THE HOLIDAY SEASON, LTWF PROVIDES GIFT CARDS TO OUR MORE JUNIOR NCO RANGER FAMILIES, DETERMINED BY COMMAND, WHO ARE MOST IN NEED AND UNDER FINANCIAL STRAIN DURING THE HOLIDAY SEASON.

    Expenses $406,613 · Grants $329,561

  • GOLD STAR PROGRAM: WHEN A RANGER HAS PAID THE ULTIMATE SACRIFICE, WHETHER, IN COMBAT OR TRAINING, ARMY RANGER LEAD THE WAY FUND BELIEVES THERE IS A MORAL OBLIGATION TO SUPPORT THE DEPENDENTS OF THESE HEROES. THROUGH THIS PROGRAM WE CAN HONOR AND MEMORIALIZE DECEASED RANGERS AND THEIR GOLD STAR FAMILIES. TO EDUCATE AND BRING PUBLIC AWARENESS OF THE NEEDS OF GOLD STAR FAMILIES AND THE PROGRAMS AVAILABLE TO ALL ARMY RANGERS THROUGH THE LEAD THE WAY FUND ORGANIZATION.

    Expenses $78,098 · Grants $43,092

  • OTHER PROGRAM SERVICES

    Expenses $38,774

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

Listed in Part VII

  • James P Regan

    CHAIRMAN & CEO

    Total calculated
    $0
    Hours/week
    20
  • Hon Barbara Donno

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Jamie Brodsky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Dr Mary McHugh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Mary Regan

    PROGRAM DIRECTOR

    Total calculated
    $101,473
    From this org
    $100,000
    From related orgs
    $0
    Other
    $1,473
    Hours/week
    40
  • Brendan McCormick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Timothy Durnan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Michael Daum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Walker Gorham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Lori Currier

    TREASURER

    Total calculated
    $0
    Hours/week
    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

  • DEPARTMENT OF THE ARMY HEADQUARTERS

    $311,901

    WE ASSIST OVER 4450 RANGERS AND FAMILY MEMBERS OF THE 75TH RANGER REGIMENT WITH HEALTH WELLNESS AND MORALE PROGRAMS THAT ARE VITALE TO SUSTAIN THESE FORCES, WHO HAVE CONTINUOUSLY BEEN DEPLOYED FIGHTING THE GLOBAL WAR ON TERRORISM.

  • FORT BENNING CTOF-BI-ANNUAL CHAPLAIN DONATION

    $98,279

    CHAPLAIN PROGRAM FOR RANGER AND FAMILY RESILIENCY

  • RANGER SPECIAL ACTIVITIES FUND

    $0

    FOR ABOVE PURPOSE AND FOR MORALE FUNCTION FOR SOLDIERS AND FAMILIES

Provenance

Return type
form_990
Tax year
2022
Filed
6 April 2024
IRS schema version
2022v5.0
Source object
202421089349300212

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.