PLATINUM2024

Leaders in Training

Empower first-generation college graduates from diverse backgrounds to be the next-generation of leaders who end systemic and structural inequities ​ in every sector, in every community: redefining leadership.

LAS VEGAS, NV   |  http://litlv.org
GuideStar Charity Check

Leaders in Training

EIN: 45-4208055


Mission

Ensure Nevada youth from humble beginnings who would be the first in their family to graduate from college have an equitable opportunity to achieve a postsecondary education if they choose and become leaders of their own communities.

Ruling year info

2012

Executive Director

Johnny Dominguez

Main address

900 N Lamb Blvd Ste 130

LAS VEGAS, NV 89110 USA

Show more contact info

EIN

45-4208055

Subject area info

Secondary education

Population served info

Adolescents

NTEE code info

Secondary/High School (B25)

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

Show Forms 990

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Industries and institutions are in crisis. Whether it's the technology field, the teacher pipeline, political representation, or the Academy of Motion Picture Arts & Sciences, the crucial demand for diverse leaders outpaces the supply of qualified and prepared individuals. By 2055 there will not be a single racial majority or ethnicity; consumers, audiences, students and constituents will be diverse. A 2021 study on Nevada's Future Workforce found 23% of adults in the State of Nevada have a bachelor's degree, the fifth lowest in the Nation. With 60% of current jobs in Nevada requiring education beyond a high school diploma, Nevada continues to be ranked 49th in education, having one of the lowest postsecondary attainment rates in the nation, indicating vulnerability in our state's skilled workforce.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

High School Program

​Year 1-4
​​Students become LIT members who are part of a "cohort" based on their grade-level. Cohorts become families who push each other, believe in one another and accomplish goals together. Students meet after school weekly based on their cohort and participate in leadership, identity and critical consciousness training. ​In all years of the HS program students participate in the following:
Biweekly grade checks
Bimonthly family potlucks
Annual events like our camping trip, out-of-state college visits, holiday parties & senior scholarship celebrations
​Students then participate in the following programs based on their grade-level:

Population(s) Served

Emerging leaders program that focuses on professional development, career support, educational persistence, personal wellness, financia leducation and and leadership through in the Year 5-8 program through:
2 group connectivity meetings per semester (1 on zoomand 1 in person)
1-1 check-in per semester
One volunteer or engagement event per semester
One professional development session per semester
Year 3 & Year 4 students and Leaders on the Marketattend 1 Career event per semester and work 1-1 with career coaches

Population(s) Served

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of graduates enrolled in higher learning, university, or technical/vocational training

This metric is no longer tracked.
Totals By Year
Related Program

Post-Secondary Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Number of students enrolled

This metric is no longer tracked.
Totals By Year
Related Program

High School Program

Type of Metric

Other - describing something else

Direction of Success

Holding steady

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

Financials

Leaders in Training
Fiscal year: Aug 01 - Jul 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

145.15

Average of 51.46 over 7 years

Months of cash in 2023 info

SOURCE: IRS Form 990

6.8

Average of 6.5 over 7 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

0%

Average of 8% over 7 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Leaders in Training

Revenue & expenses

Fiscal Year: Aug 01 - Jul 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Leaders in Training

Balance sheet

Fiscal Year: Aug 01 - Jul 31

SOURCE: IRS Form 990 info

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 ending: cloud_download Download Data

Leaders in Training

Financial trends analysis Glossary & formula definitions

Fiscal Year: Aug 01 - Jul 31

SOURCE: IRS Form 990 info

This snapshot of Leaders in Training’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.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $40,209 $91,397 $136,049 -$110,645 $16,759
As % of expenses 13.2% 37.0% 38.7% -19.8% 3.5%
Unrestricted surplus (deficit) after depreciation $40,209 $91,397 $136,049 -$110,645 $16,759
As % of expenses 13.2% 37.0% 38.7% -19.8% 3.5%
Revenue composition info
Total revenue (unrestricted & restricted) $343,909 $327,327 $395,185 $542,619 $491,633
Total revenue, % change over prior year 46.6% -4.8% 20.7% 37.3% -9.4%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.1%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 113.9% 100.0% 100.0% 100.0% 99.9%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $303,700 $247,160 $351,989 $559,824 $474,874
Total expenses, % change over prior year 77.6% -18.6% 42.4% 59.0% -15.2%
Personnel 55.2% 48.5% 46.4% 50.8% 54.8%
Professional fees 3.5% 4.2% 2.7% 15.2% 8.9%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 41.4% 47.3% 50.9% 34.1% 36.3%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $303,700 $247,160 $351,989 $559,824 $474,874
One month of savings $25,308 $20,597 $29,332 $46,652 $39,573
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $329,008 $267,757 $381,321 $606,476 $514,447

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 5.5 11.1 10.0 5.4 6.8
Months of cash and investments 5.5 11.1 12.5 5.4 6.8
Months of estimated liquid unrestricted net assets 5.4 11.1 12.3 5.4 6.8
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $140,144 $228,750 $293,347 $251,363 $269,982
Investments $0 $0 $73,196 $0 $0
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 2.0% 0.0% 1.2% 0.0% 0.7%
Unrestricted net assets $137,353 $0 $0 $251,363 $268,122
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $137,353 $228,750 $362,008 $251,363 $268,122

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors Yes No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Johnny Dominguez

Number of employees

Source: IRS Form 990

Leaders in Training

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Leaders in Training

Board of directors
as of 02/20/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Jason Jorjorian

Cindi Rivera

Stephanie Grant

Jackie Beato

Will Gonzales

Matthew DeFalco

Randy O. Aguilar

Nixie Sosa Morales

Jason Jorjorian

Andrew Woods

Samantha Grimes

Jocelyn Cortez

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Not applicable
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 11/27/2023

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
Hispanic/Latino/Latina/Latinx
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data