Skip to content
Nonprofiteer
← MAXWELL LEADERSHIP FOUNDATION INC

Form 990 for tax year 2024

Filed by MAXWELL LEADERSHIP FOUNDATION INC.

Totals

Total revenue
$10,273,228
Total expenses
$12,403,684
Contributions and grants received
$9,454,967
Grants paid
$2,130,842
Program service revenue
$1,028,495
Investment income
$0
Other revenue
-$210,234
Total assets, end of year
$1,796,357
Total liabilities, end of year
$1,363,862
Net assets or fund balances, end of year
$432,495
Program services expenses (Part IX)
$10,858,684
Management and general expenses
$678,600
Fundraising expenses
$866,400
Program service expenses (Part III)
$10,858,684

Program services were 87.5% 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

    $2,654,553

  • 1d · Related organizations

    $4,579,257

  • 1f · All other contributions, gifts and grants

    $2,221,157

  • 2a · Program service revenue: Leadership Curriculum

    total $1,028,495 · related or exempt $1,028,495

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $2,880,000

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

    $2,654,553

  • 8b · Fundraising events: direct expenses

    $3,139,125

  • 8c · Net income from fundraising events

    total -$259,125 · excluded -$259,125

  • 10a · Gross sales of inventory

    $582,204

  • 10b · Cost of goods sold

    $533,313

  • 10c · Net income from sales of inventory

    total $48,891 · related or exempt $48,891

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $308,000 · program services $308,000

  • 3 · Grants to foreign organizations and individuals

    total $1,822,842 · program services $1,822,842

  • 5 · Compensation of officers, directors and key employees

    total $322,540 · program services $230,424 · management and general $45,803 · fundraising $46,313

  • 7 · Other salaries and wages

    total $1,904,513 · program services $1,360,592 · management and general $270,454 · fundraising $273,467

  • 8 · Pension plan contributions

    total $32,901 · program services $22,253 · management and general $2,561 · fundraising $8,087

  • 9 · Other employee benefits

    total $212,771 · program services $147,850 · management and general $38,357 · fundraising $26,564

  • 10 · Payroll taxes

    total $144,641 · program services $104,570 · management and general $20,804 · fundraising $19,267

  • 11b · Fees: legal

    total $40,349 · program services $25,376 · management and general $14,973

  • 11c · Fees: accounting

    total $38,743 · program services $76 · management and general $38,667

  • 11g · Fees: other

    total $608,053 · program services $500,187 · management and general $45,874 · fundraising $61,992

  • 12 · Advertising and promotion

    total $269,277 · program services $134,211 · management and general $500 · fundraising $134,566

  • 13 · Office expenses

    total $851,734 · program services $623,328 · management and general $148,061 · fundraising $80,345

  • 14 · Information technology

    total $37,477 · program services $19,937 · management and general $15,972 · fundraising $1,568

  • 16 · Occupancy

    total $11,401 · program services $9,911 · management and general $1,365 · fundraising $125

  • 17 · Travel

    total $701,501 · program services $474,429 · management and general $23,137 · fundraising $203,935

  • 19 · Conferences, conventions and meetings

    total $117,638 · program services $101,689 · management and general $5,778 · fundraising $10,171

  • 22 · Depreciation, depletion and amortization

    total $14,961 · program services $13,921 · management and general $1,040

  • 23 · Insurance

    total $6,206 · program services $4,819 · management and general $1,387

  • 24a · Other expenses: Development expenses

    total $4,033,023 · program services $4,033,023

  • 24b · Other expenses: Master Service Agreement with Growing Leaders

    total $921,246 · program services $921,246

  • 24c · Other expenses: Allowance for Credit Losses

    total $3,867 · management and general $3,867

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $199,924 · end of year $607,904

  • 2 · Savings and temporary cash investments

    beginning of year $1,343,942

  • 4 · Accounts receivable

    beginning of year $1,000 · end of year $189,491

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    end of year $105,076

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,543,385 · end of year $284,674

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

    $54,752

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

    $17,664

  • 10c · Land, buildings and equipment, net

    beginning of year $1,040 · end of year $37,088

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $332,977 · end of year $572,124

  • 17 · Accounts payable and accrued expenses

    beginning of year $178,381 · end of year $235,526

  • 19 · Deferred revenue

    beginning of year $1,273,105 · end of year $554,700

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $573,636

  • 27 · Net assets without donor restrictions

    beginning of year $1,970,782 · end of year $432,495

Mission and programs · 2024

Mission

Withheld by Nonprofiteer: this text may name a private individual.

Activities or mission (Part I)

Growing leaders who transform the world around them.

  • National Transformation: We are currently serving in the countries of Costa Rica, Dominican Republic, Guatemala, Paraguay, and Papua New Guinea. Utilizing values-based roundtables from our founder John Maxwell to transform hundreds of thousands of people in these countries. We also unite and inspire some of the most influential leaders to include members of the top 8 streams of influence in each country to launch transformational initiatives for their people.

    Expenses $5,454,875 · Grants $1,960,142

  • Individual Transformation: We utilize value-based roundtables from our founder John Maxwell to transform hundreds of thousands of people in the community. Change Your World is a program developed out of John Maxwell and Rob Hoskins' book by the same title. The program takes users on a journey through values-based leadership curriculum, with the goal of equipping people as leaders with good values and a heart for intentionally making a difference in their world. iLead is our peer-to-peer values-based, people-centric leadership development content designed specifically for students. Since its launch in 2018, iLead has provided children and youth in 72+ countries with an opportunity to explore the power of their choices, actions and influence to make their world better and brighter.

    Expenses $3,949,545 · Grants $150,700 · Revenue $1,077,386

  • Community Transformation: In countries too large for country transformation, we work in communities. Currently, we work primarily in the United States, and know community transformation will soon spread to the rest of the world. The approach is similar to country transformation. We utilize value-based roundtables from our founder John Maxwell to transform hundreds of thousands of people in the community. We also unite and inspire some of the most influential leaders in the community to launch transformational initiatives for their people.

    Expenses $1,454,264 · Grants $20,000

As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Collin Sewell

    Secretary / Board Member

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • J Mark Cole

    CEO / President / Board Member

    Total calculated
    $150,000
    From this org
    $75,000
    From related orgs
    $75,000
    Other
    $0
    Hours/week
    10 + 10 related

  • John Maxwell

    Board Chair / Founder

    Total calculated
    $0
    Hours/week
    5 + 4 related

  • Camye Mackey

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Dale Alexandar

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Dianna Kokoszka

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Ed Bastian

    Board Member

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Jim Blanchard

    Board Member

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Norwood Davis

    Board Member

    Total calculated
    $0
    Hours/week
    1.5 + 1.5 related

  • Sangram Vajre

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Tim Elmore

    Leadership Expert / Board Member

    Total calculated
    $289,755
    From this org
    $229,635
    From related orgs
    $42,215
    Other
    $17,905
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $229,635 + $42,215 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,905
    Filer's total
    $247,540 + $42,215 related

  • Andrew Mark McPeak

    Author / Researcher

    Total calculated
    $139,513
    From this org
    $133,010
    From related orgs
    $0
    Other
    $6,503
    Hours/week
    40

  • John Gregory Steely

    Executive Vice President

    Total calculated
    $183,082
    From this org
    $120,390
    From related orgs
    $42,532
    Other
    $20,160
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $120,390 + $42,532 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,160
    Filer's total
    $140,550 + $42,532 related

  • John Griffin

    Program Director

    Total calculated
    $183,971
    From this org
    $168,261
    From related orgs
    $0
    Other
    $15,710
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,261
    Bonus
    $5,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,710
    Filer's total
    $183,971

  • Matthew Ward

    Finance Controller

    Total calculated
    $125,000
    From this org
    $125,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Patrick Michael Erwin

    Curriculum Director

    Total calculated
    $110,352
    From this org
    $103,506
    From related orgs
    $0
    Other
    $6,846
    Hours/week
    40

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 survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 7 Non-fixed payments
The organization provided non-fixed payments to highly compensated employees in the form of year-end bonuses that are approved by the CFO.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.1
Source object
202523199349300242

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.