Form 990-EZ for tax year 2024

Totals

Total revenue

$188,880

Total expenses

$151,093

Contributions and grants received

$73,964

Grants paid

— not reported

Program service revenue

$114,878

Membership dues (line 3)

— not reported

Investment income (line 4)

$38

Gain or loss on sale of assets (line 5c)

$0

Gaming and fundraising events, net (line 6d)

$0

Gross profit on inventory sales (line 7c)

$0

Other revenue (line 8)

— not reported

Total assets, end of year

$50,897

Total liabilities, end of year

$38,924

Net assets or fund balances, end of year

$11,973

Program service expenses (Part III)

— not reported

Mission and programs · 2024

• Leadership SouthCoast fulfills its mission primarily through its signature program LEAD SouthCoast an exclusive 10-month immersive training initiative catering to aspiring community leaders. This distinctive program is a pivotal platform that delves into critical areas such as economic development public health arts & culture and more equipping participants with the knowledge and skills needed to address various community challenges effectively. The primary objective of LEAD SouthCoast is to empower a diverse cohort of 25-35 emerging leaders annually hailing from a wide array of organizations spanning the nonprofit private and public sectors to become catalysts for positive change within the region. The organizations commitment to fostering inclusive leadership and civic engagement was evident when it successfully graduated over 50 individuals in both 2023 and 2024 with an additional 25 set to complete the program by June 2025.

• Amid the challenges posed by the pandemic Leadership SouthCoast adapted and resumed operations in January 2022 reaffirming its dedication to nurturing a new generation of informed and proactive community advocates. In response to the evolving needs of its participants the organization introduced a Board Fellowship component in the 2024 cohort. This initiative aimed to cultivate a pipeline of leaders ready to assume board responsibilities effectively. While the Board Fellowship program demonstrated its value the organization chose to refocus on its core principles with the subsequent 2025 cohort emphasizing the holistic development of emerging leaders.

• Moreover Leadership SouthCoast expanded its impact by launching the College LEAD SoCo program targeting first-generation and BIPOC college students preparing them for successful transitions into prominent employment opportunities with major organizations. Although the program was temporarily paused for the 2025 session discussions are underway regarding the potential relaunch of the College LEAD SoCo initiative in upcoming sessions. Through these strategic initiatives and continuous adaptability Leadership SouthCoast remains steadfast in its commitment to nurturing a diverse cadre of leaders equipped to address the multifaceted challenges facing the region.

As filed on the 2024 return.

Listed in Part IV

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990_ez

Tax year

2024

Filed

15 May 2025

IRS schema version

2024v5.1

Source object

202511359349205911

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