Leadscouncil FY2020 filing

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EIN 82-1947332 Unknown exempt organization Buckeye, AZ
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2022
Revenue
$276K
FY2020
Expenses
$274K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Advocates for ethical performance marketing standards through self-regulation, education, and government outreach. For fiscal year 2020 it reported $276K in revenue, $274K in expenses, and $52K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Buckeye, AZ
Website
leadscouncil.org
Filings
3 on file (2020–2020)
Revenue
$276KFY2020
Expenses
$274K
Net assets
$52K
People
20
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Provided by the organization

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Size
$100K–1M
What they do
Advocates for ethical performance marketing standards through self-regulation, education, and government outreach.
Leadership
Erik Josowitz · President
Money in and out
$276K revenue, $274K expenses
Bottom line
+0.5% surplus margin
Reported financial activity · FY2020
Total revenue
$276K
Pt VIII · Ln 12
Total expenses
$274K
Pt IX · Ln 25
Net assets
$52K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1K
Surplus margin
+0.5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$52K
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19$1K
Total assetsPt X · Ln 16$52K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CLeadscouncil
EINHdr · item D82-1947332
Principal addressHdr · item CBuckeye, AZ
WebsiteHdr · item Jleadscouncil.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

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 13Yes
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
President
$0Pt VII · Sec A
Vice President/Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President Emeritus
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

Leadscouncil has the following mandates 1 help create better relationships between buyers and sellers 2 establish guidelines and standards for all lead generators and buyers to follow 3 be seen as an educational and informational resource for the industry 4 establish relationships on capitol hill ensuring the lead generation space is…

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue100%$276K
Total revenueLn 12$276K

Balance Sheet

Part X · end of year
CashLn 1$7K
Total assetsLn 16$52K
Total liabilitiesLn 26$0
Total net assetsLn 32$52K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7K · Operating expenses/yr $274K
0.3 months
Where the money goes
Program services
Program services — · Total expenses $274K
—
Management & General
Management & general — · Total expenses $274K
—
Fundraising
Fundraising — · Total expenses $274K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $276K
0%
Government reliance
Government grants — · Total revenue $276K
—
Earned-income share
Program service revenue $276K · Total revenue $276K
100%
Investment reliance
Investment income $0 · Total revenue $276K
0%
Program self-sufficiency
Program service revenue $276K · Total expenses $274K
100%
Growth & trend
Revenue growth (YoY)
This year $276K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $52K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $276K · Expenses $274K
+0.5%
Liabilities-to-Assets
Total liabilities — · Total assets $52K
—
Net-asset ratio
Net assets $52K · Total assets $52K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $52K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Erik Josowitz · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $274K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $274K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 3%——

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.

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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
FY2022 (Latest)— revenue · ⤓ 990 PDF
FY2021$416K revenue · ⤓ 990 PDF
FY2020$276K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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