Totals
- Total revenue
- $725,823
- Total expenses
- $460,926
- Contributions and grants received
- $879,123
- Grants paid
- $1,500
- Program service revenue
- $0
- Investment income
- $1,939
- Other revenue
- -$155,239
- Total assets, end of year
- $708,057
- Total liabilities, end of year
- $166,083
- Net assets or fund balances, end of year
- $541,974
- Program services expenses (Part IX)
- $158,007
- Management and general expenses
- $153,264
- Fundraising expenses
- $149,655
- Program service expenses (Part III)
- $158,007
Program services were 34.3% 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.
-
1b · Membership dues
$89,198
-
1c · Fundraising events
$571,532
-
1e · Government grants (contributions)
$206,250
-
1f · All other contributions, gifts and grants
$12,143
-
3 · Investment income
total $5,989 · unrelated business $5,989
-
7a · Gross sales of assets other than inventory
securities $49,289
-
7b · Less cost or other basis and sales expenses
securities $53,339
-
7c · Gain or loss
securities -$4,050
-
7d · Net gain or loss
total -$4,050 · unrelated business -$4,050
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$571,532
-
8b · Fundraising events: direct expenses
$155,239
-
8c · Net income from fundraising events
total -$155,239 · excluded -$155,239
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,500 · program services $1,500
-
5 · Compensation of officers, directors and key employees
total $326,568 · program services $108,856 · management and general $108,856 · fundraising $108,856
-
8 · Pension plan contributions
total $5,842 · program services $1,947 · management and general $1,947 · fundraising $1,948
-
10 · Payroll taxes
total $25,211 · program services $8,403 · management and general $8,404 · fundraising $8,404
-
11c · Fees: accounting
total $11,247 · management and general $11,247
-
11g · Fees: other
total $40,282 · program services $18,928 · management and general $9,279 · fundraising $12,075
-
12 · Advertising and promotion
total $25,820 · program services $12,910 · fundraising $12,910
-
13 · Office expenses
total $3,529 · management and general $3,529
-
16 · Occupancy
total $4,248 · management and general $4,248
-
17 · Travel
total $4,822 · management and general $4,822
-
20 · Interest
total $10,925 · program services $5,463 · fundraising $5,462
-
23 · Insurance
total $932 · management and general $932
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $380,382 · end of year $426,907
-
2 · Savings and temporary cash investments
beginning of year $256,035 · end of year $248,650
-
4 · Accounts receivable
end of year $2,500
-
15 · Other assets
end of year $30,000
-
17 · Accounts payable and accrued expenses
end of year $382
-
19 · Deferred revenue
beginning of year $180,000 · end of year $0
-
25 · Other liabilities
beginning of year $173,432 · end of year $165,701
-
27 · Net assets without donor restrictions
beginning of year $282,985 · end of year $541,974
Mission and programs · 2022
Mission
A BOARD OF ADVISORS WAS DEVELOPED FOR THE LAUNCH OF THE HEALTHCARE BOARD INITIATIVE. THIS ADDRESSES INCREASING THE REPRESENTATION OF AFRICAN AMERICANS IN EXECUTIVE LEADERSHIP POSITIONS, INCREASING THE NUMBER OF AFRICAN AMERICANS HOLDING SEATS ON THE BOARDS OF MAJOR HEALTHCARE ORGANIZATIONS, AND INCREASING THE NUMBER OF MAJOR HEALTHCARE CONTRACTS HELD BY AFRICAN AMERICAN ENTREPRENEURS.
Activities or mission (Part I)
TO PROMOTE THE ADVANCEMENT OF AFRICAN AMERICANS IN GOVERNANCE ROLES IN HEALTHCARE AND INCREASE THE NUMBER OF BOARD SEATS HELD BY AFRICAN AMERICANS IN HEALTH SERVICES AND LIFE SCIENCES ORGANIZATIONS.
-
THE LEVERAGE NETWORK IS DEDICATED SOLELY TO PROMOTING THE ADVANCEMENT OF AFRICAN AMERICANS IN GOVERNANCE ROLES IN HEALTHCARE AND INCREASING THE NUMBER OF BOARD SEATS HELD BY AFRICAN AMERICANS IN HEALTH SERVICES AND LIFE SCIENCES ORGANIZATIONS.
Expenses $158,007 · Grants $1,500 · Revenue $54,448
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rosalyn CarpenterROSALYN CARPENTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Amber WalshAMBER WALSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Antoinette Hardy-WallerANTOINETTE HARDY-WALLER
CEO & PRESIDENT
- Total calculated
- $132,637
- From this org
- $132,637
- From related orgs
- $0
- Other
- $0
- Hours/week
- 45
-
Caretha ColemanCARETHA COLEMAN
CHAIR & DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Eric L ConleyERIC L CONLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Challis LoweCHALLIS LOWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Larue Martin JrLARUE MARTIN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael LoiacanoMICHAEL LOIACANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Ramon GregoryRAMON GREGORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Al ReidAL REID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Ruth BrinkleyRUTH BRINKLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349320599
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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