Leaders Igniting Transformation Action Fund Inc
- Assets
- $1.3m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 74
- Location
- Milwaukee, WI
- Founding
- Data as of
- 12/2023
- EIN
- 82-3166802
Organization Overview
Leaders Igniting Transformation Action Fund Inc is located in Milwaukee, WI. As of 12/2023, Leaders Igniting Transformation Action Fund Inc employed 74 individuals. Leaders Igniting Transformation Action Fund 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 12/2023, Leaders Igniting Transformation Action Fund Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 47.1% each year . All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 46.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE WORK TO BUILD HOMEGROWN LEADERSHIP, EXPANDING ACCESS AND OPPORTUNITY, AND PROMOTE AN EQUITABLE SOCIETY BY ENGAGING AND ORGANIZING THE LEADERSHIP OF YOUNG PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIC ENGAGEMENT: ENGAGING YOUNG PEOPLE YEAR-ROUND IN LEADERSHIP DEVELOPMENT, ELECTORAL PROGRAMS, EDUCATION, AND BUILDING HABITS THAT TRANSLATE INTO LIFELONG CIVIC AND COMMUNITY ENGAGEMENT.
GENERAL PROGRAMS
COLLEGE ORGANIZING: ENGAGING WISCONSIN COLLEGE STUDENTS YEAR-ROUND IN LEADERSHIP DEVELOPMENT, CIVIC EDUCATION, AND BUILDING HABITS THAT TRANSLATE INTO LIFELONG CIVIC AND COMMUNITY ENGAGEMENT.
HIGH SCHOOL ORGANIZING: ENGAGING WISCONSIN HIGH SCHOOL STUDENTS YEAR-ROUND IN LEADERSHIP DEVELOPMENT, CIVIC EDUCATION, AND BUILDING HABITS THAT TRANSLATE INTO LIFELONG CIVIC AND COMMUNITY ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cendi Trujillo Tena Co-Executive Director | Officer | 45 | $143,909 |
Amanda Avalos Co-Executive Director | Officer | 45 | $143,366 |
Dennis Lamonte Moore Organizing Director | Officer | 45 | $110,563 |
Stephanie Munoz Chair | OfficerTrustee | 1 | $0 |
Samuel Beaver Secretary | OfficerTrustee | 1 | $0 |
Nneka Akubeze Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgandezine Marketing And Branding | 12/30/20 | $300,000 |
Courier Inc Social Media Consulting And Ads | 12/30/20 | $230,900 |
Render Social Media Consulting | 12/30/20 | $141,200 |
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 | $2,947,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,947,484 |
| Total Program Service Revenue | $480 |
| Investment income | $131 |
| 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 | $2,950,065 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,100 |
| Grants and other assistance to domestic individuals. | $33 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $397,839 |
| Compensation of current officers, directors, key employees. | $107,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $970,797 |
| Pension plan accruals and contributions | $12,355 |
| Other employee benefits | $299,429 |
| Payroll taxes | $121,225 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,045 |
| Fees for services: Accounting | $28,358 |
| Fees for services: Lobbying | $24,613 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $222,703 |
| Advertising and promotion | $10,043 |
| Office expenses | $213,957 |
| Information technology | $51,260 |
| Royalties | $0 |
| Occupancy | $68,367 |
| Travel | $186,566 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $795 |
| All other expenses | $1,696 |
| Total functional expenses | $2,700,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,317,008 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $24,368 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,341,376 |
| Accounts payable and accrued expenses | $46,939 |
| 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 | $46,939 |
| Net assets without donor restrictions | $654,437 |
| Net assets with donor restrictions | $640,000 |
| 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 | $1,341,376 |