Leadership Brainery INC EIN 83-0705607 Form 990 (PDF)

Leadership Brainery INC

Claimed

Supports students and members through fellowships, summits, platforms, and relief efforts. For fiscal year 2024 it reported $1.3M in revenue, $1.3M in expenses, and $490K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Education
Location
Boston, MA
Website
leadershipbrainery.org
Filings
4 on file (2021–2024)
Claimed
Yes
Revenue
$1.3MFY2024
Expenses
$1.3M
Net assets
$490K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  83-0705607 Public charity (501(c)(3)) Boston, MA Founded 2018
Form 990 (PDF)
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Size
$1–10M
What they do
Supports students and members through fellowships, summits, platforms, and relief efforts.
Leadership
Jonathan Allen · Director of Development Co Founder · $90K
Money in and out
$1.3M revenue, $1.3M expenses
Bottom line
48% program efficiency
Where the money goes · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$490K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $11K
Where spending went · Part IX cols B–D
Program services $0.48 Management & general $0.26 Fundraising $0.26
Program efficiency
48%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
3.0mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
+0.9%
revenue over expenses, this year▼ -82% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▲ +17%
Expenses
$1.3M
FY2024▲ +22%
Total assets
$743K
FY2024▲ +15%
Total liabilities
$253K
FY2024▲ +51%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$490K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$11K
Total assetsPt X · Ln 16$743K
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $618K of program spending, described in the organization's own filed words · FY2024.
01

The Organization supported students and members through national ambassador fellowship program, national impact summit, dear future colleague platform, and student relief efforts.

$618Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLeadership Brainery INC
EINHdr · item D83-0705607
Principal addressHdr · item CBoston, MA
WebsiteHdr · item Jleadershipbrainery.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B80)
Ruling yearIRS BMFDec 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director of Development Co Founder
$90,000Pt VII · Sec A
Executive Director Co Founder
$90,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jonathan Allen’s $90K as Director of Development Co Founder is at the 25th percentile of top reported officer pay among 3393 $1–10M education 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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Jonathan Allen$90,000$89,308$71,654$45,032
Derrick Young JR$90,000$89,308$71,654$45,032
Derrick Young JR$22,900

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
Contributions & grants$1.2M · 92%
Program service revenue$97K · 8%
Contributions & grants92%$1.2M
Program service revenue8%$97K
Investment income$2K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.26 Fundraising $0.26
Program services48%$618K
Management & general26%$327K
Fundraising26%$336K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$309K
Total assetsLn 16$743K
Total liabilitiesLn 26$253K
Total net assetsLn 32$490K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $316K · Operating expenses/yr $1.3M
3.0 months
Where the money goes
Program services
Program services $618K · Total expenses $1.3M
48%
Management & General
Management & general $327K · Total expenses $1.3M
26%
Fundraising
Fundraising $336K · Total expenses $1.3M
26%
Cost to raise $1
Fundraising expense (3-yr avg) $246K · Solicited contributions (3-yr avg) $920K
$0.27 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $1.3M
92%
Government reliance
Government grants — · Total revenue $1.3M
Earned-income share
Program service revenue $97K · Total revenue $1.3M
8%
Investment reliance
Investment income $2K · Total revenue $1.3M
+0.1%
Program self-sufficiency
Program service revenue $97K · Total expenses $1.3M
8%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $1.1M
+17%
Revenue CAGR
FY2020 $192K · FY2024 $1.3M
+61%
Net-asset trend (YoY)
End of year $490K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $1.3M
+0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $743K
Net-asset ratio
Net assets $490K · Total assets $743K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $7K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $743K
0.9%
People & payroll
Highest Reported Total Compensation
Individual Jonathan Allen · Reported title Director of Development Co Founder · Highest reported compensation $90K · Total expenses $1.3M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $715K · Total expenses $1.3M
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 48%
Overhead ratio 26%
Fundraising cost ratio 28%
Revenue growth 17%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$40K
Grants paid · 1 grant · $3K · 2024–2024
Unitemized GrantFY2024$3,236

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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
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$873K revenue · ⤓ 990 PDF
FY2022$617K revenue · ⤓ 990 PDF
FY2021$192K 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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