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← LEADERSHIP GWINNETT FOUNDATION INC

Form 990 for tax year 2022

Filed by LEADERSHIP GWINNETT FOUNDATION INC.

Totals

Total revenue
$403,165
Total expenses
$457,225
Contributions and grants received
$112,877
Grants paid
$0
Program service revenue
$277,761
Investment income
$12,527
Other revenue
$0
Total assets, end of year
$721,295
Total liabilities, end of year
$99,600
Net assets or fund balances, end of year
$621,695
Program services expenses (Part IX)
$445,382
Management and general expenses
$11,843
Fundraising expenses
$0
Program service expenses (Part III)
$445,382

Program services were 97.4% 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.

  • 1f · All other contributions, gifts and grants

    $112,877

  • 1g · Noncash contributions included above

    $18,000

  • 2a · Program service revenue: DUES AND TUITION

    total $272,075 · related or exempt $272,075

  • 2b · Program service revenue: ALUMNI PROGRAM REVENUE

    total $5,686 · related or exempt $5,686

  • 3 · Investment income

    total $12,527 · related or exempt $12,527

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $125,000 · program services $125,000

  • 11f · Fees: investment management

    total $8,822 · management and general $8,822

  • 11g · Fees: other

    total $129,941 · program services $129,941

  • 12 · Advertising and promotion

    total $7,905 · program services $7,905

  • 13 · Office expenses

    total $21,187 · program services $18,862 · management and general $2,325

  • 14 · Information technology

    total $14,471 · program services $14,471

  • 16 · Occupancy

    total $18,000 · program services $18,000

  • 19 · Conferences, conventions and meetings

    total $103 · program services $103

  • 22 · Depreciation, depletion and amortization

    total $616 · management and general $616

  • 23 · Insurance

    total $5,544 · program services $5,544

  • 24a · Other expenses: FOOD & BEVERAGE

    total $70,416 · program services $70,416

  • 24b · Other expenses: LODGING

    total $40,546 · program services $40,546

  • 24c · Other expenses: AWARDS AND GIFTS

    total $9,277 · program services $9,277

  • 24d · Other expenses: EQUIPMENT RENTAL

    total $2,135 · program services $2,135

  • 24e · All other expenses

    total $3,262 · program services $3,182 · management and general $80

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $42,177 · end of year $80,648

  • 7 · Other notes and loans receivable

    end of year $26,730

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

    $23,894

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

    $22,806

  • 10c · Land, buildings and equipment, net

    beginning of year $1,703 · end of year $1,088

  • 11 · Investments: publicly traded securities

    beginning of year $604,822 · end of year $612,829

  • 17 · Accounts payable and accrued expenses

    end of year $24,000

  • 25 · Other liabilities

    beginning of year $19,250 · end of year $75,600

  • 27 · Net assets without donor restrictions

    beginning of year $571,360 · end of year $558,723

  • 28 · Net assets with donor restrictions

    beginning of year $58,092 · end of year $62,972

Mission and programs · 2022

Mission

THE LEADERSHIP GWINNETT FOUNDATION (THE "FOUNDATION") WAS FORMED TO SUPPORT LEADERSHIP GWINNETT, A MULTI-FACETED PROGRAM WHOSE PURPOSE IS TO EDUCATE, EQUIP AND ENGAGE EXISTING AND EMERGING LEADERS. THE FOUNDATION IS RESPONSIBLE FOR ADMINISTERING PROGRAMS THAT PROVIDE CITIZENS THE OPPORTUNITY TO EXPAND THEIR KNOWLEDGE ABOUT GWINNETT COUNTY AND THE REGION TO BUILD DEEP CONNECTIONS IN ORDER TO SERVE AND STRENGTHEN THE COMMUNITY. PROGRAMS, DESIGNED FOR NEW PARTICIPANTS AS WELL AS ALUMNI, ENCOURAGE CIVIC ENGAGEMENT AND FACILITATE LEARNING THROUGH A DIVERSITY OF PEOPLE, THOUGHTS AND EXPERIENCES. ALL ARE DESIGNED TO LEAD GWINNETT TO A BETTER FUTURE. OBJECTIVES OF THE PROGRAM INCLUDE THE FOLLOWING: TO IDENTIFY AND INSPIRE EXISTING AND EMERGING COMMUNITY LEADERS. TO ACQUAINT LEADERS WITH MAJOR COMMUNITY ISSUES. TO EXAMINE THE COMPLEXITY OF FINDING GOOD SOLUTIONS FOR ONGOING CONCERNS. TO GIVE PARTICIPANTS THE OPPORTUNITY TO MEET AND INTERACT WITH COMMUNITY LEADERS. TO INVESTIGATE ETHICS AND VALU

  • THE CLASS OF 2022-2023 INCLUDED 48 MEMBERS THAT WERE EAGER TO LEARN HOW TO BECOME A MORE POWERFUL LEADER IN THEIR WORK PLACE, COMMUNITY, COUNTY, AND BEYOND. THEY PARTICIPATED IN SEVEN LEARNING DAYS THAT WERE LED BY MEMBERS OF OUR TEAM AS WELL AS LEADERS IN GWINNETT COUNTY. PARTICIPANTS WERE DIVIDED INTO STUDY GROUPS TO CONTINUE THEIR DEVELOPMENT OUTSIDE OF THE CLASSROOM. THE STUDY GROUPS WERE BENEFICIAL IN PREPARING FOR UPCOMING EVENTS AND FORMING A NETWORK THAT GAVE A SENSE OF BELONGING. THE PROGRAM BEGINS AND ENDS WITH A RETREAT ALLOWING ADDITIONAL TIME OF NETWORKING WITH THE GROUP AND GROWTH IN LEADERSHIP DEVELOPMENT.

    Expenses $318,320

  • THIS 2.5-DAY PROGRAM PROVIDES AN EXCLUSIVE LOOK AT GWINNETT COUNTY. DESIGNED TO INSPIRE PARTICIPANTS THROUGH HANDS-ON LEARNING, GLANCE GWINNETT REVEALS NEW OPPORTUNITIES, IDEAS AND PERSPECTIVES FROM A DIVERSE GROUP OF LOCAL LEADERS. HOW INDIVIDUALS BENEFIT EXPOSURE TO LOCAL LEADERS, ISSUES AND OPPORTUNITIES FOR COMMUNITY LEADERSHIP NEW FRIENDSHIPS, IDEAS, AND PERSPECTIVES FROM A DIVERSE GROUP OF CIVIC- MINDED PEOPLE HOW ORGANIZATIONS BENEFIT UNIQUE WAY TO ENHANCE OPERATIONAL TRAINING VALUABLE NETWORKING THAT CAN RESULT IN NEW OPPORTUNITIES AND VISIBILITY FOR YOUR ORGANIZATION.

    Expenses $61,841

  • THE LEADERSHIP GWINNETT EXPERIENCE DOES NOT END AFTER GRADUATING ONE OF OUR PROGRAMS. GRADUATES CAN JOIN OUR ALUMNI ASSOCIATION OR GLANCE GRADUATE NETWORK TO CONTINUE THEIR LEADERSHIP JOURNEY, STAY ENGAGED, AND CONNECT WITH OUR 2,000+ PROGRAM GRADUATES. ENGAGE BEHIND-THE-SCENES EVENTS EXPLORE GWINNETTS UNIQUE LOCATIONS, INITIATIVES, AND MORE EDUCATIONAL EVENTS EXPOSING ALUMNI TO LEADERS AND TOPICAL COMMUNITY ISSUES CONNECT PLENTY OF SOCIAL GATHERINGS INCLUDING FAMILY FUN DAY, HOLIDAY PARTY, AND VIP RECEPTION ACCESS TO DATABASE OF ALL LEADERSHIP GWINNETT ALUMNI AND GLANCE GWINNETT GRADUATES

    Expenses $65,221

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

Listed in Part VII

  • Renee Byrd-Lewis

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    10
  • Warren McClellan

    VP - FINANCE

    Total calculated
    $0
    Hours/week
    5
  • Alisa Toney

    CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    10
  • Paul Sansone

    TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Ginger Powell

    SECRETARY

    Total calculated
    $0
    Hours/week
    10
  • Lisa Anders

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Jennifer Fennell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Scott Haggard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Srinivas Jalla

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Charlotte Nash

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Marina Peed

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Stephen Pereira

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Kendra Washington-Bass

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10
  • Tim Le

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Lanier Levett

    BOARD MEMBER

    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 September 2023
IRS schema version
2022v5.0
Source object
202312589349301431

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