Lead Brevard INC FY2023 filing

Rockledge, FL · Public charity (501(c)(3)) · Community Development

✓ Tax-deductible Latest data FY2023
Revenue
$460K
▲ +15% vs prior year
Spent
$389K
To programs
83%
Net assets
$649K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending May 2023 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
3 funders, incl. Donor Advised Charitable Giving INC
$21K in the latest grant year.
Spent on programs?
83% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +15% vs prior year
Legal name (IRS)Hdr · item CLead Brevard INC
EINHdr · item D59-3189067
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 1993
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CRockledge, FL
NTEE classificationIRS BMFCommunity Development (S33Z)
WebsiteHdr · item Jwww.leadbrevard.org

Where the money goes

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%$322K
Management & general14%$56K
Fundraising3%$11K
Total functional expensesLn 25$389K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$460K
FY2023▲ +15%
Expenses
$389K
FY2023▲ +13%
Program efficiency
83%
of spending reaches programs
Operating runway
20.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$702K
FY2023▲ +8%
Total liabilities
$53K
FY2023▼ -27%
Revenue less expensesPt I · Ln 19$71K
Total assetsPt X · Ln 16$702K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

Balance Sheet

Part X · end of year
CashLn 1$545K
Total assetsLn 16$702K
Total liabilitiesLn 26$53K
Total net assetsLn 32$649K
Months of cash on handcomputed16.8

Statement of Revenue

Part VIII
Program service revenue$361K · 79%
Contributions & grants$95K · 21%
Investment income$3K · 1%
Program service revenue79%$361K
Contributions & grants21%$95K
Investment income1%$3K
Other revenue$774
— government grantsLn 1e$59K
Total revenueLn 12$460K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $674K · Operating expenses/yr $389K
20.8 months
Where the money goes
Program services
Program services $322K · Total expenses $389K
83%
Management & General
Management & general $56K · Total expenses $389K
14%
Fundraising
Fundraising $11K · Total expenses $389K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $54K
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $95K · Total revenue $460K
21%
Government reliance
Government grants $59K · Total revenue $460K
13%
Earned-income share
Program service revenue $361K · Total revenue $460K
79%
Investment reliance
Investment income $3K · Total revenue $460K
+0.7%
Program self-sufficiency
Program service revenue $361K · Total expenses $389K
93%
Growth & trend
Revenue growth (YoY)
This year $460K · Prior year $398K
+15%
Net-asset trend (YoY)
End of year $649K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $460K · Expenses $389K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $702K
—
Net-asset ratio
Net assets $649K · Total assets $702K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $129K · Total assets (Pt X, ln 16) $702K
18%
People & payroll
Highest Reported Total Compensation
Individual Kristin Bakke Cae · Reported title President/CEO · Highest reported compensation $91K · Total expenses $389K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $187K · Total expenses $389K
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 11%——
Revenue growth 15%——
Accounting fee ratio 6%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President/CEO
$90,926Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairman Elect
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$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 1709 $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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
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

Mission and programs

Educates leaders to solve Brevard County issues and foster future volunteer leadership.

Provided by the organization

This section is blank until Lead Brevard INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $322K of program spending, described in the organization's own filed words · FY2022.
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…

$322Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$21K
See all 3 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $462K$495K+2% 990 PDF
FY2024 $451K$512K-2% 990 PDF
FY2023 Viewing $460K$389K+15% 990 PDF
FY2022 $398K$344K+28% 990 PDF
FY2021 $311K$267K-15% 990 PDF
FY2020 $367K$322K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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