Leadership For The Future Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-1282109
Organization Overview
Leadership For The Future Inc is located in Bentonville, AR. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Leadership For The Future 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, Leadership For The Future Inc generated $156.0k 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 (18.0%) each year. All expenses for the organization totaled $159.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) 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
LEADERSHIP FOR THE FUTURE, INC. EXISTS TO REFRAME NORTHWEST ARKANSAS'S COMMUNITY PRIORITIES THROUGH A SYSTEMATIC EFFORT TO EDUCATE CURRENT ELECTED OFFICIALS, CULTIVATE COMMUNITY LEADERS, AND SUPPORT POLICY ISSUES IN ORDER TO INVEST IN ECONOMIC DEVELOPMENT AND ENHANCE CENTERS OF ART, CULTURE, AND RECREATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steuart L Walton Director | 1 | $0 | |
Thomas L Walton Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Walton Enterprises Llc Management Services | 12/30/21 | $169,525 |
Capital Advisors Group Consulting | 12/30/21 | $114,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,000 |
| 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 | $143,372 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,422 |
| Total expenses | $159,794 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |