Leading Edge Alliance Inc
- Assets
- $10.4m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 13
- Location
- New York, NY
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-2625263
Organization Overview
Leading Edge Alliance Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Leading Edge Alliance Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leading Edge Alliance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Leading Edge Alliance Inc generated $8.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $4.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LEADING EDGE IS TO INCREASE THE FLOW OF HIGH-QUALITY TALENT TO SENIOR LEADERSHIP POSITIONS AT JEWISH NONPROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEADING PLACES TO WORK PROGRAM USES A DATA-DRIVEN APPROACH TO SUPPORT JEWISH ORGANIZATIONS IN BECOMING GREAT PLACES TO WORK. IT ALSO HELPS TO CREATE GREAT WORKPLACE CULTURES THAT RECRUIT, RETAIN, AND SUPPORT EXCELLENT PEOPLE.
EXECUTIVE PROGRAMS SUPPORT EXECUTIVE TEAMS AND INDIVIDUAL LEADERS IN PROVIDING OUTSTANDING LEADERSHIP TO JEWISH ORGANIZATIONS.
THROUGH LEADING PLACES TO SERVE, THE ORGANIZATION STRENGTHENS BOARD LEADERSHIP AND EMPOWER THE BOARD-PROFESSIONAL PARTNERSHIP.
INCLUSIVE OF ALL OTHER PROGRAM SERVICES EXPENSES PER THE STATEMENT OF FUNCTIONAL EXPENSES THAT HELP CARRY OUT THE ORGANIZATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gali Cooks President & CEO | Officer | 40 | $246,660 |
Mordecai Walfish Chief Operating Officer | Officer | 40 | $199,952 |
Amy Born Chief Strategy Officer | Officer | 40 | $195,641 |
Dena Farber Schoenfeld VP Of Executive Programs | 40 | $158,249 | |
Christopher Harrison Director Of Business Operations | 40 | $104,268 | |
Seth Chalmer Director Of Communications | 40 | $102,175 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,176,148 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,176,148 |
| Total Program Service Revenue | $88,010 |
| Investment income | $309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,264,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $642,253 |
| Compensation of current officers, directors, key employees. | $54,659 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $870,741 |
| Pension plan accruals and contributions | $50,693 |
| Other employee benefits | $237,888 |
| Payroll taxes | $124,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,114 |
| Fees for services: Accounting | $47,816 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $566,997 |
| Advertising and promotion | $44,584 |
| Office expenses | $12,356 |
| Information technology | $163,780 |
| Royalties | $0 |
| Occupancy | $22,637 |
| Travel | $3,178 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,551 |
| All other expenses | $37,651 |
| Total functional expenses | $4,703,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,265,240 |
| Savings and temporary cash investments | $1,300,230 |
| Pledges and grants receivable | $5,827,599 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,648 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,610 |
| Total assets | $10,397,327 |
| Accounts payable and accrued expenses | $129,829 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $129,829 |
| Net assets without donor restrictions | $2,972,463 |
| Net assets with donor restrictions | $7,295,035 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,397,327 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Leading Edge Alliance Inc has recieved totaling $8,779,000.
| Awarding Organization | Amount |
|---|---|
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $3,750,000 |
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $1,250,000 |
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: GENERAL OPERATING | $900,000 |
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: TALENT COMPASS | $600,000 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT THE GENERAL OPERATIONS OF THE ORGANIZATION. | $500,000 |
Endowment Analysis
| Beg. Balance | $975,000 |
| Earnings | $230 |
| Net Contributions | $325,000 |
| Ending Balance | $1,300,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
Local Union 164 Electrical Joint Apprenticeship And Training Trust Paramus, NJ | $19,017,559 | $4,299,279 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Connecticut Center For Arts & Technology Inc New Haven, CT | $3,075,426 | $11,576,748 |
Chronic Liver Disease Foundation Inc Clark, NJ | $1,027,147 | $3,658,520 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |