LEAD GIRLS OF NC INC
Change a Girl. Change a Community. Change the World.
LEAD GIRLS OF NC INC
EIN: 82-0984711
as of September 2024
as of September 09, 2024
Mission
Learning Everyday Accomplishing Dreams (LEAD) Girls is dedicated to providing the tools and resources that low-income/at-risk preteen girls must have to become productive citizens and active leaders in their communities. We envision a world where every girl has the confidence, social skills and leadership ability she needs to become an independent, financially-stable woman.
Ruling year
2017
Founder and Executive Director
Joy Nelson Thomas
Main address
1100 W. First Street
Winston Salem, NC 27101 USA
EIN
82-0984711
Youth development
Leadership development
Population served
Girls
NTEE code
(Youth Development Programs) (O50)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
LEAD Program
LEAD empowers girls to make good decisions. Good decisions allow girls to build a successful future. We partner with schools and community organizations to give at-risk, middle school girls a safe space for learning and growth.
We offer our flagship girls leadership program in two settings:
School-based LEAD programs are offered at our partner middle schools
Community-based LEAD programs are open to middle school students from any local school and is hosted online via Zoom or in-person at our downtown office.
Over the course of a semester, we build a relationship with each girl and guide them through an evidence-based curriculum formed around Awareness, Communications, Leadership and Perspective, our four core fundamentals.
Where we work
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of girls seen, heard, valued, and equipped through leadership and personal development programs.
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Goals & Strategy
Reports and documents
Download strategic planHow we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
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Which of the following feedback practices does your organization routinely carry out?
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What challenges does the organization face when collecting feedback?
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
86.56
Months of cash in 2022 info
13.6
Fringe rate in 2022 info
17%
Funding sources info
Assets & liabilities info
Financial data
LEAD GIRLS OF NC INC
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of LEAD GIRLS OF NC INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2021 | 2022 |
|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $111,974 | $231,528 |
| As % of expenses | 40.2% | 63.3% |
| Unrestricted surplus (deficit) after depreciation | $111,974 | $231,528 |
| As % of expenses | 40.2% | 63.3% |
| Revenue composition info | ||
|---|---|---|
| Total revenue (unrestricted & restricted) | $390,240 | $734,964 |
| Total revenue, % change over prior year | 0.0% | 88.3% |
| Program services revenue | 2.4% | 0.2% |
| Membership dues | 0.0% | 0.0% |
| Investment income | 0.0% | 0.4% |
| Government grants | 4.5% | 5.7% |
| All other grants and contributions | 93.1% | 93.5% |
| Other revenue | 0.0% | 0.2% |
| Expense composition info | ||
|---|---|---|
| Total expenses before depreciation | $278,266 | $365,936 |
| Total expenses, % change over prior year | 0.0% | 31.5% |
| Personnel | 43.8% | 46.0% |
| Professional fees | 0.9% | 14.3% |
| Occupancy | 1.5% | 1.4% |
| Interest | 0.0% | 0.0% |
| Pass-through | 0.0% | 0.0% |
| All other expenses | 53.8% | 38.3% |
| Full cost components (estimated) info | 2021 | 2022 |
|---|---|---|
| Total expenses (after depreciation) | $278,266 | $365,936 |
| One month of savings | $23,189 | $30,495 |
| Debt principal payment | $0 | $0 |
| Fixed asset additions | $0 | $0 |
| Total full costs (estimated) | $301,455 | $396,431 |
Capital structure indicators
| Liquidity info | 2021 | 2022 |
|---|---|---|
| Months of cash | 7.9 | 13.6 |
| Months of cash and investments | 7.9 | 13.6 |
| Months of estimated liquid unrestricted net assets | 7.9 | 13.6 |
| Balance sheet composition info | 2021 | 2022 |
|---|---|---|
| Cash | $182,658 | $414,044 |
| Investments | $0 | $0 |
| Receivables | $0 | $144,090 |
| Gross land, buildings, equipment (LBE) | $0 | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% |
| Liabilities (as a % of assets) | 0.0% | 1.2% |
| Unrestricted net assets | $182,658 | $414,186 |
| Temporarily restricted net assets | N/A | N/A |
| Permanently restricted net assets | N/A | N/A |
| Total restricted net assets | $0 | $137,500 |
| Total net assets | $182,658 | $551,686 |
Key data checks
| Key data checks info | 2021 | 2022 |
|---|---|---|
| Material data errors | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Founder and Executive Director
Joy Nelson Thomas
Joy holds a B.A. from Salem College and is a certified Life Coach through an ICF (International Coach Federation)-recognized institution. She is also certified in safe-talk and suicide prevention. Joy’s ‘why’ in life is: “impact every girl that comes in her life in some way.” Joy feels it’s our responsibility to be the change we want to see in our community, not just talk about it.
She is active in the community and serves on the boards and leadership committees of The Women’s Fund of Winston-Salem, Carolina Core FC Academy, and Winston-Salem Fashion Week. She is also a contributor for Triad Voice Business Inspiration section.
Joy has received numerous honors recognizing her accomplishments as a nonprofit and business leader. Most recently, she was the proud recipient of the 2022 Black Business Ink 40 Under 40 Most Influential African Americans in the Triad and the 2021 Triad Business Journal C-Suite Award.
When Joy is not working to change a girl, a community, and the world, she’s s
Number of employees
Source: IRS Form 990
LEAD GIRLS OF NC INC
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
LEAD GIRLS OF NC INC
Board of directorsas of 09/23/2024
Board of directors data
Katina Little
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
No data
Transgender Identity
No data
Sexual orientation
No data
Disability
No data
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- Contractor and/or Paid Preparer data for 2022, 2021
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