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

Lead Brevard INC FY2024 filing

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Educates leaders to solve Brevard County issues and foster future volunteer leadership. For fiscal year 2024 it reported $451K in revenue, $512K in expenses, and $598K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Rockledge, FL
Website
www.leadbrevard.org
Filings
6 on file (2020–2024)
Revenue
$451KFY2024
Expenses
$512K
Net assets
$598K
People
21
Filings
6
Updates
0
More identity details & actions ⌄
EIN  59-3189067 Public charity (501(c)(3)) Rockledge, FL
Form 990 (PDF)
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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
$451K revenue, $512K expenses
Bottom line
78% program efficiency
Where the money goes · FY2024
Total revenue
$451K
Pt VIII · Ln 12
Total expenses
$512K
Pt IX · Ln 25
Net assets
$598K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$61K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.12 Fundraising $0.09
Program efficiency
78%
of spending reaches programs
Operating runway
15.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$451K
FY2024▼ -2%
Expenses
$512K
FY2024▲ +32%
Total assets
$692K
FY2024▼ -1%
Total liabilities
$94K
FY2024▲ +78%
Total revenue
$451K
Pt VIII · Ln 12
Total expenses
$512K
Pt IX · Ln 25
Net assets
$598K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$61K
Total assetsPt X · Ln 16$692K
Program-expense ratioPt IX · col B78%
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 (FY2023); the FY2024 filing did not itemize Part VII
President/CEO
$90,334Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
$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 $401K of program spending, described in the organization's own filed words · FY2023.
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…

$401Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$387K · 86%
Contributions & grants$51K · 11%
Investment income$8K · 2%
Other revenue$5K · 1%
Program service revenue86%$387K
Contributions & grants11%$51K
Investment income2%$8K
Other revenue1%$5K
Total revenueLn 12$451K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.12 Fundraising $0.09
Program services78%$401K
Management & general12%$64K
Fundraising9%$48K
Total functional expensesLn 25$512K

Balance Sheet

Part X · end of year
CashLn 1$556K
Total assetsLn 16$692K
Total liabilitiesLn 26$94K
Total net assetsLn 32$598K
Months of cash on handcomputed13.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $636K · Operating expenses (Pt IX) $512K · Less non-cash grants $3K · Cash operating expenses/yr $509K
15.0 months
Where the money goes
Program services
Program services $401K · Total expenses $512K
78%
Management & General
Management & general $64K · Total expenses $512K
12%
Fundraising
Fundraising $48K · Total expenses $512K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $49K
$0.46 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $51K · Total revenue $451K
11%
Government reliance
Government grants — · Total revenue $451K
Earned-income share
Program service revenue $387K · Total revenue $451K
86%
Investment reliance
Investment income $8K · Total revenue $451K
+2%
Program self-sufficiency
Program service revenue $387K · Total expenses $512K
76%
Growth & trend
Revenue growth (YoY)
This year $451K · Prior year $460K
-2%
Revenue CAGR
FY2019 $367K · FY2023 $451K
+5%
Net-asset trend (YoY)
End of year $598K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $451K · Expenses $512K
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $692K
Net-asset ratio
Net assets $598K · Total assets $692K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $80K · Total assets (Pt X, ln 16) $692K
12%
People & payroll
Highest Reported Total Compensation
Individual Kristin Bakke Cae · Reported title PRESIDENT/CEO · Highest reported compensation $90K · Total expenses $512K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $229K · Total expenses $512K
45%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 12%
Fundraising cost ratio 94%
Revenue growth -2%
Accounting fee ratio 2%

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 · viewing · ⤓ 990 PDF
FY2023$460K revenue · ⤓ 990 PDF
FY2022$398K revenue · ⤓ 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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