Leadership Brainery INC: FY2024 Nonprofit Profile & Form 990 (EIN 83-0705607)

Revenue by fiscal year
FY2021	$192K
FY2022	$617K
FY2023	$873K
FY2024	$1.1M
FY2024	$1.3M

Expenses by fiscal year
FY2021	Not on file
FY2022	$440K
FY2023	$663K
FY2024	$1.0M
FY2024	$1.3M

Net assets by fiscal year
FY2021	$36K
FY2022	$240K
FY2023	$450K
FY2024	$479K
FY2024	$490K

Is it real?

Yes. Exemption reinstated (2020-11-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Dec 2020.

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

Where the money goes

52 cents of each dollar spent went to programs.

52%

22%

25%

Program services 52% · $547K Management & general 22% · $235K Fundraising 25% · $266K

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

Who runs it and what they're paid

7 people listed on the 990; $179K paid to officers and key staff.

1 update from the organization

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII · includes 1 update from the organization

Jonathan Allen

Director of Development Co F

$89,308Pt VII · Sec A

Derrick Young JR

Executive Director Co Founde

$89,308Pt VII · Sec A

Catherine Wong

Chair

$0Pt VII · Sec A

Charles Stewart

Director

$0Pt VII · Sec A

Portia Singh

Director

$0Pt VII · Sec A

Claudia Dumond-Henderson

Director

$0Pt VII · Sec A

Matthew McTygue

Director

$0Pt VII · Sec A

Current as of Sep 2026 from Dana Colarocco, who claimed this org

Board Chair

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

Name	FY2024	FY2024	FY2023	FY2022	FY2021
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

Programs and updates

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

Updates from the organization

Board ChairSep 2026

1 program · $547K · in their own filed words · FY2023

01

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

$547Kprogram 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

Trefler FoundationFY2025$40K

Total grants receivedfrom 1 funder$40K

Grants paid · 1 grant · $3K · 2024–2024

Unitemized GrantFY2024$3,236

By the numbers

Org confirmed 0 of 11 linesconfirmednot yet

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.1M

Ln 12

Gifts and grantsLn 1h$891K

Fees for servicesLn 2g$209K

Investment incomeLn 3$734

Money outPt IX

$1.0M

Ln 25

Programscol B$547K

Managementcol C$235K

Fundraisingcol D$266K

Owns and owesPt X

$479K

net assets · Ln 32

Cash and savingsLn 1–2$394K

Total assetsLn 16$646K

LiabilitiesLn 26$167K

PeoplePt VI, VII

7

listed · VII A

PaidVII A2

Voting boardVI 1a7

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$891K

Fees for servicesLn 2g$209K

Investment incomeLn 3$734

Other incomeLn 4–11$251

Total revenueLn 12$1.1M

Assets in detailPt X, end of year

CashLn 1$394K

Cash and savings togetherLn 1–2$394K

Land, buildings, equipmentLn 10c$13K

Other assetsLn 15$140K

Total assetsLn 16$646K

LiabilitiesLn 26$167K

Net assetsLn 32$479K

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$193K	$394K
Land, buildings, equipmentLn 10c	$18K	$13K
Total assetsLn 16	$668K	$646K
LiabilitiesLn 26	$217K	$167K
Net assetsLn 32	$451K	$479K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$179K	$118K	$25K	$36K
Other salaries and wagesLn 7	$311K	$98K	$93K	$121K
Other employee benefitsLn 9	$19K	$8K	$5K	$6K
Payroll taxesLn 10	$49K	$22K	$12K	$16K
Accounting feesLn 11c	$12K		$12K
Other fees for servicesLn 11g	$103K	$98K	$2K	$3K
Advertising and promotionLn 12	$80K	$35K	$19K	$25K
Information technologyLn 14	$45K	$27K	$9K	$9K
OccupancyLn 16	$113K	$53K	$26K	$34K
TravelLn 17	$15K	$6K	$3K	$5K
Depreciation, depletion and amortizationLn 22	$5K		$5K
InsuranceLn 23	$3K	$766	$1K	$556
Other expenses (24a–d)Ln 24	$40K	$31K	$8K	$2K
All other expensesLn 24e	$73K	$50K	$15K	$9K
Total functional expensesLn 25	$1.0M	$547K	$235K	$266K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Viewing	$1.1M	$1.0M	$53K	$479K	990 PDF
FY2023	$873K	$663K	$210K	$450K	990 PDF
FY2022	$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 FY2024 990 (6 parts)

Part I · Summary $1,101,267 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $686,562$891,347

I-9 Program service revenuePrior year $179,353$208,935

I-10 Investment income$734

I-11 Other revenuePrior year $6,854$251

I-12 Total revenuePrior year $872,769$1,101,267

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $399,829$558,300

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $261,544$489,792

I-18 Total expensesPrior year $661,373$1,048,092

I-19 Revenue less expensesPrior year $211,396$53,175

Part VI · Governance 5 of 7 board members independent, 3 to look at

VI-1a Voting members of the governing body7

VI-1b Independent voting members5

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 $1,101,267 across 6 lines filed

Lines not itemized here account for $251 of total revenue; see the IRS return.

VIII-1b Membership dues$59,938

VIII-1f All other contributions, gifts and grants$831,409

VIII-1h Total contributions, gifts and grants$891,347

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $208,935$208,935

VIII-3 Investment incomeExcluded from tax $734$734

VIII-12 Total revenueRelated to mission $209,186 · Unrelated business $0 · Excluded from tax $734$1,101,267

Part IX · Statement of functional expenses $1,048,092 across 14 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $117,887 · Management $25,006 · Fundraising $35,723$178,616

IX-7 Other salaries and wagesPrograms $97,624 · Management $92,545 · Fundraising $121,012$311,181

IX-9 Other employee benefitsPrograms $8,482 · Management $4,626 · Fundraising $6,169$19,277

IX-10 Payroll taxesPrograms $21,659 · Management $11,814 · Fundraising $15,753$49,226

IX-11c Accounting feesManagement $12,274$12,274

IX-11g Other fees for servicesPrograms $98,475 · Management $2,081 · Fundraising $2,775$103,331

IX-12 Advertising and promotionPrograms $34,992 · Management $19,086 · Fundraising $25,449$79,527

IX-14 Information technologyPrograms $27,191 · Management $9,209 · Fundraising $9,025$45,425

IX-16 OccupancyPrograms $52,867 · Management $25,814 · Fundraising $34,419$113,100

IX-17 TravelPrograms $6,077 · Management $3,314 · Fundraising $5,198$14,589

IX-22 Depreciation, depletion and amortizationManagement $5,243$5,243

IX-23 InsurancePrograms $766 · Management $1,330 · Fundraising $556$2,652

IX-24 Other expenses (24a–d)Programs $30,813 · Management $8,021 · Fundraising $1,532$40,366

IX-24e All other expensesPrograms $49,889 · Management $14,515 · Fundraising $8,881$73,285

IX-25 Total functional expensesPrograms $546,722 · Management $234,878 · Fundraising $266,492$1,048,092

Part X · Balance sheet $646,433 assets, 14 lines filed

X-1 Cash, non-interest-bearingStart of year $192,949$394,183

X-3 Pledges and grants receivableStart of year $25,000$35,000

X-4 Accounts receivableStart of year $205,000$52,500

X-9 Prepaid expenses and deferred chargesStart of year $1,859$12,484

X-10c Land, buildings and equipment, netStart of year $17,762$12,518

X-15 Other assetsStart of year $217,724$139,748

X-16 Total assetsStart of year $668,241$646,433

X-17 Accounts payable and accrued expensesStart of year $19,052$14,819

X-19 Deferred revenueStart of year $2,500$40,062

X-25 Other liabilitiesStart of year $195,751$112,439

X-26 Total liabilitiesStart of year $217,303$167,320

X-27 Net assets without donor restrictionsStart of year $450,938$479,113

X-32 Total net assets or fund balancesStart of year $450,938$479,113

X-33 Total liabilities and net assetsStart of year $668,241$646,433

Part XI · Reconciliation of net assets $479,113 net assets at year end

XI-1 Total revenue$1,101,267

XI-2 Total expenses$1,048,092

XI-3 Revenue less expenses$53,175

XI-4 Net assets at start of year$450,938

XI-8 Prior period adjustments−$25,000

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$479,113

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Leadership Brainery INC FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Compensation history total reportable pay by year · 2 named individuals · Part VII

Questions the 990 asks

Programs and updates

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV