Leadership Brainery INC FY2022 filing

Tax-deductible
Claimed by the org

Boston, MA501(c)(3)Since 2018EducationEIN 83-0705607Revenue $617K in FY2022

On file with the IRSleadershipbrainery.org266 Beacon St Garden Level, 02116-0000 · Boston, MATax-exempt since Dec 2020Publicly supported charity — 170(b)(1)(A)(vi)

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$90K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $113K a year · 12% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$90K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$130K
35% of total assets
Looks good: liabilities are 35% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 10 voting members
Looks good: 8 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$617K
+221% vs prior year
Spent
$440K
To programs
63%
Net assets
$240K
By yearFY2021–FY2025
Revenue
$617K
FY2022▲ +221%
Tap a bar for its year
Revenue by fiscal year
FY2021$192K
FY2022$617K
FY2023$873K
FY2024$1.1M
FY2025$1.3M
Expenses
$440K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$440K
FY2023$663K
FY2024$1.0M
FY2025$1.3M
Net assets
$240K
FY2022▲ +562%
Tap a bar for its year
Net assets by fiscal year
FY2021$36K
FY2022$240K
FY2023$450K
FY2024$479K
FY2025$490K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Give
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2020-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Dec 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $277K Management & general 18% · $80K Fundraising 19% · $83K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990; $90K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Director of Development Co F
$45,032Pt VII · Sec A
Executive Director Co Founde
$45,032Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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 3395 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Jonathan Allen$90,000$89,308$71,654$45,032—
Derrick Young JR$90,000$89,308$71,654$45,032$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.

See Leadership Brainery INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Supports students and members through fellowships, summits, platforms, and relief efforts.

Questions for Leadership Brainery INC

Tap to ask. Leadership Brainery INC sees how many people are interested.

Your first name shows with your question. Leadership Brainery INC answers here, for everyone.

1 program · $277K · in their own filed words · FY2021
01

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

$277Kprogram expense

Funders

Who pays for it.

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

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

By the numbers

Org confirmed 0 of 9 linesconfirmednot yet

The FY2022 990, line by line.

1The main four
Money inPt VIII
$617K
Ln 12
Gifts and grantsLn 1h$345K
Fees for servicesLn 2g$273K
Money outPt IX
$440K
Ln 25
Programscol B$277K
Managementcol C$80K
Fundraisingcol D$83K
Owns and owesPt X
$240K
net assets · Ln 32
Cash and savingsLn 1–2$173K
Total assetsLn 16$369K
LiabilitiesLn 26$130K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$345K
Noncash giftsLn 1g$49K
Fees for servicesLn 2g$273K
Gains on assetsLn 7−$5K
Total revenueLn 12$617K
Assets in detailPt X, end of year
CashLn 1$173K
Cash and savings togetherLn 1–2$173K
Other assetsLn 15$93K
Total assetsLn 16$369K
LiabilitiesLn 26$130K
Net assetsLn 32$240K
OperationsPt I, VI
EmployeesI 510
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$51K$173K
Total assetsLn 16$53K$369K
LiabilitiesLn 26$17K$130K
Net assetsLn 32$36K$240K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3K$3K
Pay of current officers, directors and key staffLn 5$90K$63K$8K$19K
Other salaries and wagesLn 7$114K$80K$10K$24K
Other employee benefitsLn 9$11K$7K$959$2K
Payroll taxesLn 10$19K$13K$2K$4K
Accounting feesLn 11c$12K$8K$1K$3K
Advertising and promotionLn 12$23K$9K$14K
Information technologyLn 14$18K$13K$5K
OccupancyLn 16$77K$54K$7K$16K
TravelLn 17$9K$9K
InsuranceLn 23$2K$2K$208$485
Other expenses (24a–d)Ln 24$40K$5K$35K
All other expensesLn 24e$22K$11K$11K$391
Total functional expensesLn 25$440K$277K$80K$83K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.3M$1.3M$11K$490K 990 PDF
FY2024 $1.1M$1.0M$53K$479K 990 PDF
FY2023 $873K$663K$210K$450K 990 PDF
FY2022 Viewing $617K$440K$177K$240K 990 PDF
FY2021 $192K$36K 990 PDF

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $617,011 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $82,120$345,462
I-9 Program service revenuePrior year $109,970$272,730
I-10 Investment income−$4,506
I-11 Other revenue$3,325
I-12 Total revenuePrior year $192,090$617,011
I-13 Grants and similar amounts paid$3,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $82,054$234,055
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $73,368$202,845
I-18 Total expensesPrior year $155,422$439,900
I-19 Revenue less expensesPrior year $36,668$177,111
Part VI · Governance 8 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $617,011 across 8 lines filed
Lines not itemized here account for $2,525 of total revenue; see the IRS return.
VIII-1b Membership dues$52,916
VIII-1f All other contributions, gifts and grants$292,546
VIII-1g Noncash contributions (included above)$49,116
VIII-1h Total contributions, gifts and grants$345,462
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $272,730$272,730
VIII-6 Net rental income or lossRelated to mission $800$800
VIII-7 Net gain or loss on sales of assetsRelated to mission −$4,506−$4,506
VIII-12 Total revenueRelated to mission $271,549 · Unrelated business $0 · Excluded from tax $0$617,011
Part IX · Statement of functional expenses $439,900 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $3,000$3,000
IX-5 Pay of current officers, directors and key staffPrograms $63,045 · Management $8,106 · Fundraising $18,913$90,064
IX-7 Other salaries and wagesPrograms $80,002 · Management $10,286 · Fundraising $24,001$114,289
IX-9 Other employee benefitsPrograms $7,461 · Management $959 · Fundraising $2,239$10,659
IX-10 Payroll taxesPrograms $13,330 · Management $1,714 · Fundraising $3,999$19,043
IX-11c Accounting feesPrograms $8,442 · Management $1,085 · Fundraising $2,533$12,060
IX-12 Advertising and promotionPrograms $9,364 · Fundraising $13,876$23,240
IX-14 Information technologyPrograms $13,038 · Management $4,733$17,771
IX-16 OccupancyPrograms $53,794 · Management $6,916 · Fundraising $16,138$76,848
IX-17 TravelPrograms $8,784$8,784
IX-23 InsurancePrograms $1,616 · Management $208 · Fundraising $485$2,309
IX-24 Other expenses (24a–d)Programs $4,654 · Management $35,379$40,033
IX-24e All other expensesPrograms $10,899 · Management $10,510 · Fundraising $391$21,800
IX-25 Total functional expensesPrograms $277,429 · Management $79,896 · Fundraising $82,575$439,900
Part X · Balance sheet $369,297 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $50,706$172,672
X-3 Pledges and grants receivable$50,000
X-4 Accounts receivable$45,000
X-8 Inventories for sale or use$9,083
X-15 Other assets$92,542
X-16 Total assetsStart of year $53,157$369,297
X-17 Accounts payable and accrued expensesStart of year $1,969$9,829
X-19 Deferred revenue$30,384
X-25 Other liabilities$74,542
X-26 Total liabilitiesStart of year $16,969$129,755
X-27 Net assets without donor restrictionsStart of year $36,188$239,542
X-32 Total net assets or fund balancesStart of year $36,188$239,542
X-33 Total liabilities and net assetsStart of year $53,157$369,297
Part XI · Reconciliation of net assets $239,542 net assets at year end
XI-1 Total revenue$617,011
XI-2 Total expenses$439,900
XI-3 Revenue less expenses$177,111
XI-4 Net assets at start of year$36,188
XI-8 Prior period adjustments−$24,790
XI-9 Other changes in net assets$51,033
XI-10 Net assets at end of year$239,542

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.