Totals
- Total revenue
- $40,153,731
- Total expenses
- $40,708,427
- Contributions and grants received
- $39,988,349
- Grants paid
- $0
- Program service revenue
- $54,840
- Investment income
- $110,542
- Other revenue
- $0
- Total assets, end of year
- $42,809,086
- Total liabilities, end of year
- $7,535,273
- Net assets or fund balances, end of year
- $35,273,813
- Program services expenses (Part IX)
- $37,277,662
- Management and general expenses
- $3,430,765
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $37,277,662
Program services were 91.6% 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.
-
1e · Government grants (contributions)
$39,681,779
-
1f · All other contributions, gifts and grants
$306,570
-
2a · Program service revenue: SCHOOL INCOME
total $48,365 · related or exempt $48,365
-
2b · Program service revenue: RENTAL INCOME
total $6,475 · related or exempt $6,475
-
3 · Investment income
total $110,542 · excluded $110,542
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $982,232 · program services $982,232
-
7 · Other salaries and wages
total $18,587,510 · program services $18,587,510
-
8 · Pension plan contributions
total $1,055,039 · program services $1,055,039
-
9 · Other employee benefits
total $2,407,377 · program services $2,407,377
-
10 · Payroll taxes
total $1,498,383 · program services $1,498,383
-
11a · Fees: management
total $3,190,083 · management and general $3,190,083
-
11g · Fees: other
total $1,559,128 · program services $1,318,446 · management and general $240,682
-
13 · Office expenses
total $637,163 · program services $637,163
-
16 · Occupancy
total $3,541,233 · program services $3,541,233
-
20 · Interest
total $193,323 · program services $193,323
-
22 · Depreciation, depletion and amortization
total $1,317,967 · program services $1,317,967
-
24a · Other expenses: TRANSPORTATION
total $3,712,193 · program services $3,712,193
-
24b · Other expenses: INSTRUCTIONAL MATERIALS
total $1,077,480 · program services $1,077,480
-
24c · Other expenses: ATHLETICS
total $611,523 · program services $611,523
-
24d · Other expenses: ALL OTHER EXPENSES
total $337,793 · program services $337,793
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,651 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $22,529,800 · end of year $29,655,890
-
4 · Accounts receivable
beginning of year $9,171,912 · end of year $1,143,209
-
9 · Prepaid expenses and deferred charges
beginning of year $477,274
-
10a · Land, buildings and equipment: cost or other basis
$12,638,557
-
10b · Land, buildings and equipment: accumulated depreciation
$4,732,438
-
10c · Land, buildings and equipment, net
beginning of year $8,573,178 · end of year $7,906,119
-
15 · Other assets
beginning of year $3,126,600 · end of year $4,103,868
-
17 · Accounts payable and accrued expenses
beginning of year $6,147,714 · end of year $3,812,955
-
25 · Other liabilities
beginning of year $3,498,544 · end of year $3,722,318
-
27 · Net assets without donor restrictions
beginning of year $34,234,157 · end of year $35,273,813
Mission and programs · 2024
Mission
LEAD PUBLIC SCHOOLS EXISTS TO PREPARE ALL OUR STUDENTS WITH THE KNOWLEDGE AND SKILLS TO SUCCEED IN COLLEGE AND IN LIFE.
Activities or mission (Part I)
PREPARE ALL OUR STUDENTS WITH THE KNOWLEDGE AND SKILLS TO SUCCEED IN COLLEGE AND IN LIFE.
-
LEAD SERVED APPROXIMATELY 2,646 STUDENTS ON FOUR DIFFERENT CAMPUSES.
Expenses $37,277,662 · Revenue $54,840
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dwayne TuckerDWAYNE TUCKER
CHIEF EXECUTIVE OFFICER
- Total calculated
- $306,330
- From this org
- $277,945
- From related orgs
- $0
- Other
- $28,385
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,950
- Bonus
- $59,995
- Other
- $0
- Deferred
- $11,991
- Nontaxable benefits
- $16,394
- Filer's total
- $306,330
-
Adrienne UsetedADRIENNE USETED
CSGO (LEFT MAR 2025)
- Total calculated
- $217,679
- From this org
- $188,799
- From related orgs
- $0
- Other
- $28,880
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,923
- Bonus
- $26,876
- Other
- $0
- Deferred
- $5,664
- Nontaxable benefits
- $23,216
- Filer's total
- $217,679
-
Lavoe MulgrewLAVOE MULGREW
HEAD OF SCHOOLS
- Total calculated
- $204,932
- From this org
- $179,524
- From related orgs
- $0
- Other
- $25,408
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,774
- Bonus
- $18,750
- Other
- $0
- Deferred
- $9,014
- Nontaxable benefits
- $16,394
- Filer's total
- $204,932
-
Ricki GibbsRICKI GIBBS
ES HEAD OF SCHOOL
- Total calculated
- $203,266
- From this org
- $188,030
- From related orgs
- $0
- Other
- $15,236
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,030
- Bonus
- $35,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $15,236
- Filer's total
- $203,266
-
Mary MinichMARY MINICH
HEAD OF ACAD/INNO
- Total calculated
- $197,684
- From this org
- $164,906
- From related orgs
- $0
- Other
- $32,778
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,030
- Bonus
- $21,876
- Other
- $0
- Deferred
- $8,857
- Nontaxable benefits
- $23,921
- Filer's total
- $197,684
-
Ashley MontgomeryASHLEY MONTGOMERY
CHIEF FINANCIAL OFFICER
- Total calculated
- $196,178
- From this org
- $167,396
- From related orgs
- $0
- Other
- $28,782
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,520
- Bonus
- $21,876
- Other
- $0
- Deferred
- $4,861
- Nontaxable benefits
- $23,921
- Filer's total
- $196,178
-
Nicolas FrankNICOLAS FRANK
CHIEF HUMAN RESOURCES OFFICER
- Total calculated
- $186,847
- From this org
- $173,013
- From related orgs
- $0
- Other
- $13,834
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,262
- Bonus
- $28,751
- Other
- $0
- Deferred
- $12,727
- Nontaxable benefits
- $1,107
- Filer's total
- $186,847
-
Tony MajorsTONY MAJORS
CHIEF OPERATING OFFICER
- Total calculated
- $181,284
- From this org
- $168,337
- From related orgs
- $0
- Other
- $12,947
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,461
- Bonus
- $21,876
- Other
- $0
- Deferred
- $12,900
- Nontaxable benefits
- $47
- Filer's total
- $181,284
-
Eloise AlexisELOISE ALEXIS
VP OF DEVELOPMENT
- Total calculated
- $184,664
- From this org
- $166,281
- From related orgs
- $0
- Other
- $18,383
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,920
- Bonus
- $19,361
- Other
- $0
- Deferred
- $1,972
- Nontaxable benefits
- $16,411
- Filer's total
- $184,664
-
Stef CarsonSTEF CARSON
VP OF DATA
- Total calculated
- $173,021
- From this org
- $146,165
- From related orgs
- $0
- Other
- $26,856
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,040
- Bonus
- $13,125
- Other
- $0
- Deferred
- $6,188
- Nontaxable benefits
- $20,668
- Filer's total
- $173,021
-
Mike HoniousMIKE HONIOUS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan DykeJONATHAN DYKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Bryan FisherDR BRYAN FISHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Carter FisherCARTER FISHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Valerie Hayes MoletteVALERIE HAYES MOLETTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Cari IshamCARI ISHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rob KellerROB KELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jamese LeveiusJAMESE LEVEIUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David LoveDAVID LOVE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jerome OgelsbyJEROME OGELSBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Linda PannockLINDA PANNOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Alex RyersonALEX RYERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Derrick SalterDERRICK SALTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jim VestermanJIM VESTERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
- 3 · Compensation survey or study
- 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.
-
LEAD ACADEMY NONPROFIT LLC
EDUCATION · TN · income $0 · assets $0
Directly controlled by LEAD PUBLIC SCHOOLS INC
-
CAMERON COLLEGE PREP NONPROFIT LLC
EDUCATION · TN · income $0 · assets $0
Directly controlled by LEAD PUBLIC SCHOOLS INC
-
LEAD PREP SOUTHEAST LLC
EDUCATION · TN · income $0 · assets $0
Directly controlled by LEAD PUBLIC SCHOOLS INC
-
NEELY'S BEND COLLEGE PREP NONPROFIT LLC
EDUCATION · TN · income $0 · assets $0
Directly controlled by LEAD PUBLIC SCHOOLS INC
-
LEAD REAL ESTATE HOLDINGS NONPROFIT LLC
EDUCATION · TN · income $0 · assets $0
Directly controlled by LEAD PUBLIC SCHOOLS INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611289349303636
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.