Lead Brevard INC EIN 59-3189067 Form 990 (PDF) Claim this org

Lead Brevard INC FY2022 filing

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Educates leaders to solve Brevard County issues and foster future volunteer leadership. For fiscal year 2022 it reported $398K in revenue, $344K in expenses, and $579K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Rockledge, FL
Website
www.leadbrevard.org
Filings
6 on file (2020–2022)
Revenue
$398KFY2022
Expenses
$344K
Net assets
$579K
People
20
Filings
6
Updates
0
More identity details & actions ⌄
EIN  59-3189067 Public charity (501(c)(3)) Rockledge, FL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Educates leaders to solve Brevard County issues and foster future volunteer leadership.
Leadership
Kristin Bakke CAE · President/CEO · $90K
Money in and out
$398K revenue, $344K expenses
Bottom line
83% program efficiency
Where the money goes · FY2022
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$344K
Pt IX · Ln 25
Net assets
$579K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $54K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.14 Fundraising $0.03
Program efficiency
83%
of spending reaches programs
Operating runway
21.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$398K
FY2022▲ +28%
Expenses
$344K
FY2022▲ +29%
Total assets
$652K
FY2022▲ +15%
Total liabilities
$72K
FY2022▲ +100%
Total revenue
$398K
Pt VIII · Ln 12
Total expenses
$344K
Pt IX · Ln 25
Net assets
$579K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$54K
Total assetsPt X · Ln 16$652K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLead Brevard INC
EINHdr · item D59-3189067
Principal addressHdr · item CRockledge, FL
WebsiteHdr · item Jwww.leadbrevard.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S33Z)
Ruling yearIRS BMFSep 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/CEO
$90,466Pt VII · Sec A
Chairman-Elect
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kristin Bakke Cae’s $95K as President/CEO is at the 69th percentile of top reported officer pay among 1711 $100K–1M community development 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kristin Bakke Cae$94,799$90,334$90,466$88,138$82,975
Kristin Bakke Cae$90,926

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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Mission & Programs · Part III

Where the work happens

1 program service account for $286K of program spending, described in the organization's own filed words · FY2021.
01

In 1985 leadership brevard was founded to enhance the civic participation of emerging community based leaders within brevard county. Annually, a class of participants representing private, public and nonprofit sectors enrolls for eight (8) day-long sessions of instruction and dialogue about key county issues, introductions to the people…

$286Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$336K · 84%
Contributions & grants$61K · 15%
Program service revenue84%$336K
Contributions & grants15%$61K
Investment income$2K
Other revenue$300
Total revenueLn 12$398K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.14 Fundraising $0.03
Program services83%$286K
Management & general14%$48K
Fundraising3%$9K
Total functional expensesLn 25$344K

Balance Sheet

Part X · end of year
CashLn 1$474K
Total assetsLn 16$652K
Total liabilitiesLn 26$72K
Total net assetsLn 32$579K
Months of cash on handcomputed16.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $603K · Operating expenses/yr $344K
21.0 months
Where the money goes
Program services
Program services $286K · Total expenses $344K
83%
Management & General
Management & general $48K · Total expenses $344K
14%
Fundraising
Fundraising $9K · Total expenses $344K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $63K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $61K · Total revenue $398K
15%
Government reliance
Government grants — · Total revenue $398K
Earned-income share
Program service revenue $336K · Total revenue $398K
84%
Investment reliance
Investment income $2K · Total revenue $398K
+0.4%
Program self-sufficiency
Program service revenue $336K · Total expenses $344K
98%
Growth & trend
Revenue growth (YoY)
This year $398K · Prior year $311K
+28%
Net-asset trend (YoY)
End of year $579K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $398K · Expenses $344K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $652K
Net-asset ratio
Net assets $579K · Total assets $652K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $129K · Total assets (Pt X, ln 16) $652K
20%
People & payroll
Highest Reported Total Compensation
Individual Kristin Bakke Cae · Reported title PRESIDENT/CEO · Highest reported compensation $90K · Total expenses $344K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $167K · Total expenses $344K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 14%
Fundraising cost ratio 15%
Revenue growth 28%
Accounting fee ratio 4%

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
Total grants receivedfrom 3 funders$21K
See all 3 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)$462K revenue · ⤓ 990 PDF
FY2024$451K revenue · ⤓ 990 PDF
FY2023$460K revenue · ⤓ 990 PDF
FY2022$398K revenue · viewing · ⤓ 990 PDF
FY2021$311K revenue · ⤓ 990 PDF
FY2020$367K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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