Charleston Leaders Inc

Nonprofit profile at a glance

EIN
822014376
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Charleston, SC, USA
Phone
8433001799
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy

Official website

Reported finances

Revenue
$90,807
Expenses
$100,067
Assets
$19,316
Liabilities
$79,690

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • RUTHANN K HIPPS (EXECUTIVE DIRECTOR)

People named in this filing

  • TIM ROGERS (BOARD MEMBER)
  • TRISCHIA KHOURI (BOARD MEMBER)
  • KENT FLOYD (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of charleston leaders is to foster and develop leadership in our community. We accomplish this mission by engaing our buinsess community with various programming throught the year, creating and supporting school initiatives that develop leadership at a younger age, and strengthening community leadership through programming and support.

What it reported doing in 2024

Leader academy is a program for high school sophomores to discover leadership potential within themselves. This program is designed to match students with community needs, community resources and community opportunities and will provide monthly interaction withcommunity leaders and partners in a variety of discussion opportunities to examine issues facing our region. All sessions and program costs are provided by charleston leaders and their business community partners. Participation will be fully funded through donations and sponsorship from our business partners and additional grant funding. Sessions will be held atthe college of charleston at the riley center on lockwood blvd. Unless otherwise noted. Transportation for leader field trips will be provided by charleston county schools after breakfast at the riley center.some eligibility requirements and standards will include: academic achievement, expression of interest, full participation, leadership demonstration, and community recommendations. Through donations and grant funding in 2024, this program raised $10,805

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.3%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -10.2%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 4.13; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 52%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $97K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.