Leaders For A Better Community Inc
- Assets
- $12.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-5075154
Organization Overview
Leaders For A Better Community Inc is located in Milwaukee, WI. The organization was established in 2016. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leaders For A Better Community Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Leaders For A Better Community Inc generated $51.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $39.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF EDUCATION OPTIONS FOR MILWAUKEE PARENTS AND STUDENTS. PROMOTION OF SAFER NEIGHBORHOODS AND CRIME REDUCTION STRATEGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Reneau President | 1 | $0 | |
Daryl Shaw Vice President | 1 | $0 | |
Tyrelle Perkins Secretary | 1 | $0 | |
Sherwin Hughes Executive Director/treasurer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,098 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $140 |
| Total Revenue | $51,238 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,229 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $52 |
| Other expenses | $2,099 |
| Total expenses | $39,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,000 |
| Other assets | $0 |
| Total assets | $12,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,000 |