Lead with Character INC EIN 20-0877571 Form 990 (PDF) Claim this org

Lead with Character INC FY2023 filing

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Leads men and boys on historical trips, teaching faith, history, and leadership. For fiscal year 2023 it reported $163K in revenue, in expenses, and $65K in net assets.Pt I

Founded
2005
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Charlotte, NC
Website
leadwithcharacter.com
Filings
5 on file (2021–2023)
Revenue
$163KFY2023
Expenses
Net assets
$65K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0877571 Public charity (501(c)(3)) Charlotte, NC Founded 2005
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Leads men and boys on historical trips, teaching faith, history, and leadership.
Leadership
Michael Parker · Member · $104K
Money in and out
$163K revenue
Bottom line
3.5mo operating runway
Where the money goes · FY2023
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
Pt IX · Ln 25
Net assets
$65K
Pt X · Ln 32
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-36%
revenue over expenses, this year
Donor-funded
75%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2023 · Form 990-EZ
Revenue
$163K
FY2023▼ -24%
Expenses
FY2023
Total assets
FY2023
Total liabilities
$0
FY2023
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
Pt IX · Ln 25
Net assets
$65K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19
Total assetsPt X · Ln 16
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $135K of program spending, described in the organization's own filed words · FY2022.
01

We take busloads of men and boys on trips to civil and revolutionary battlefields. On these trips we provide biblical instruction as well as teach about us history and principles of leadership.

$135Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLead with Character INC
EINHdr · item D20-0877571
Principal addressHdr · item CCharlotte, NC
WebsiteHdr · item Jleadwithcharacter.com
Year of formationHdr · item L2005
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A80)
Ruling yearIRS BMFDec 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$103,739Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Parker’s $100K as Member is at the 88th percentile of top reported officer pay among 2212 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Michael Parker$99,500$96,213$103,739$62,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue100%$163K
Total revenueLn 12$163K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16
Total liabilitiesLn 26$0
Total net assetsLn 32$65K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $64K · Operating expenses/yr $221K
3.5 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $123K · Total revenue $163K
75%
Government reliance
not reported
Earned-income share
Program service revenue $39K · Total revenue $163K
24%
Investment reliance
Investment income $1K · Total revenue $163K
+0.7%
Program self-sufficiency
Program service revenue $39K · Total expenses $221K
17%
Growth & trend
Revenue growth (YoY)
This year $163K · Prior year $215K
-24%
Net-asset trend (YoY)
End of year $65K · Beginning of year $123K
-47%
Balance sheet
Surplus Margin
Revenue $163K · Expenses $221K
-36%
Liabilities-to-Assets
Total liabilities $0 · Total assets $65K
0%
Net-asset ratio
Net assets $65K · Total assets $65K
100%
People & payroll
Highest Reported Total Compensation
Individual Michael Parker · Reported title MEMBER · Highest reported compensation $104K · Total expenses $221K
47%
Personnel share
Salaries & benefits $129K · Total expenses $221K
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -24%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$179K revenue · ⤓ 990 PDF
FY2024$253K revenue · ⤓ 990 PDF
FY2023$163K revenue · viewing · ⤓ 990 PDF
FY2022$215K revenue · ⤓ 990 PDF
FY2021$70K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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