Lead PA EIN 83-3208722

Lead PA

EIN  83-3208722 Unknown exempt organization Philadelphia, PA
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Lead PA claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Develops future progressive leaders throughout Pennsylvania.
Leadership
Oliver Truong · Co Exec Direct · $124K
Money in and out
$515K revenue, $560K expenses
Bottom line
-9% surplus margin

Develops future progressive leaders throughout Pennsylvania. For fiscal year 2024 it reported $515K in revenue, $560K in expenses, and $306K in net assets.Pt I

Reported financial activity · FY2024
Total revenue
$515K
Pt VIII · Ln 12
Total expenses
$560K
Pt IX · Ln 25
Net assets
$306K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$44K
Where spending went · Part IX cols B–D
Program services $0.40 Management & general $0.57 Fundraising $0.03
Surplus margin
-9%
revenue over expenses, this year▼ -150% vs prior filing year
Program spending
40%
of expenses reach programs▼ -26% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$515K
FY2024▼ -15%
Expenses
$560K
FY2024▲ +11%
Total assets
$306K
FY2024▼ -13%
Total liabilities
$0
FY2024
Total revenue
$515K
Pt VIII · Ln 12
Total expenses
$560K
Pt IX · Ln 25
Net assets
$306K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$44K
Total assetsPt X · Ln 16$306K
Program-expense ratioPt IX · col B40%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $198K of program spending, described in the organization's own filed words · FY2024.
01

Civic education training provide civic education about the issues that

$93Kprogram expense
02

Professional development trainings including Ready to Manage trained

$55Kprogram expense
03

Political candidate trainings Ready to Lead training candidates for

$50Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLead PA
EINHdr · item D83-3208722
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jwww.leadpa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
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 1a4
Independent voting membersPt VI · Ln 1b4
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
Co Exec Direct
$123,600Pt VII · Sec A
Exec Director
$120,600Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Oliver Truong$123,600$103,000$105,069$81,681
Cai S Morris$120,600$100,000$104,275$91,407
Matt Goldfine$112,047

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 Lead PA executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Other revenue$256K · 50%
Contributions & grants$249K · 48%
Program service revenue$10K · 2%
Other revenue50%$256K
Contributions & grants48%$249K
Program service revenue2%$10K
Investment income$252
Total revenueLn 12$515K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.40 Management & general $0.57 Fundraising $0.03
Program services40%$225K
Management & general57%$319K
Fundraising3%$16K
Total functional expensesLn 25$560K

Balance Sheet

Part X · end of year
CashLn 1$262K
Total assetsLn 16$306K
Total liabilitiesLn 26$0
Total net assetsLn 32$306K
Months of cash on handcomputed5.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $262K · Operating expenses/yr $560K
5.6 months
Where the money goes
Program services
Program services $225K · Total expenses $560K
40%
Management & General
Management & general $319K · Total expenses $560K
57%
Fundraising
Fundraising $16K · Total expenses $560K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $322K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $249K · Total revenue $515K
48%
Government reliance
Government grants — · Total revenue $515K
Earned-income share
Program service revenue $10K · Total revenue $515K
2%
Investment reliance
Investment income $252 · Total revenue $515K
0%
Program self-sufficiency
Program service revenue $10K · Total expenses $560K
2%
Growth & trend
Revenue growth (YoY)
This year $515K · Prior year $605K
-15%
Revenue CAGR
FY2020 $518K · FY2024 $515K
0%
Net-asset trend (YoY)
End of year $306K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $515K · Expenses $560K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $306K
Net-asset ratio
Net assets $306K · Total assets $306K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $306K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Oliver Truong · Reported title Co Exec Direct · Highest reported compensation $124K · Total expenses $560K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $486K · Total expenses $560K
87%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 40%
Overhead ratio 57%
Fundraising cost ratio 7%
Revenue growth -15%
Legal fee ratio 0%
Accounting fee ratio 1%

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 2 funders$224K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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 (Latest)$515K revenue · viewing · ⤓ 990 PDF
FY2023$605K revenue · ⤓ 990 PDF
FY2022$487K revenue · ⤓ 990 PDF
FY2021$189K revenue · ⤓ 990 PDF
FY2020$518K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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 peer-cohort and compensation comparisons above.