Lead the Way Fund Inc

Nonprofit profile at a glance

EIN
208757694
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Garden City, NY, USA
Phone
5164395268
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$1,597,729
Expenses
$1,380,436
Assets
$16,906,591
Liabilities
$266,627

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

Leadership & pay

9 people listed

Executive titles in this filing

  • JAMES P REGAN (CHAIRMAN & CEO)

Highest reported compensation

  • MARY REGAN (PROGRAM DIRECTOR): $91,577 total reported compensation

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

Overview

Mission

Army ranger lead the way fund is an active duty, casualty assistance, recovery, transition and veterans organization that provides financial support to u.s. Army rangers and the families of those who have died, have been disabled or who are currently serving in harm's way around the world.

What it reported doing in 2024

Recovery, resiliency, education, and transition program: when our wounded, ill or injured rangers return from combat, the severity of their injuries is often to the degree that their disabilities prevent them and their families from being able to fully support themselves. The care provided by the government is often limited and insufficient to support their needs. Ltwf provides ongoing support, from the moment of injury, through the short and long-term recovery, rehabilitation, and transition process. Starting with an immediate financial grant of $5,000 for rangers that are wounded in action or during training, and to the families of rangers who have been killed in action. If a spouse or additional family members need to be at the bedside of their loved one, we ensure that the travel costs, accommodations (including extended stay), child care, and expenses are covered so there is no added financial or emotional stress. If the ranger suffers a setback during his recovery process that requires additional hospitalization and therapies, ltwf will provide additional grants to the family so there is no financial shortfall. With the ongoing challenge of service members developing post-traumatic stress, ltwf through our ranger resiliency program, is committed to ensuring rangers receive access to the best mental health providers available. By supporting the family unit during this emotional journey, we hope to alleviate the financial strain so our rangers can focus on getting the intensive, and proper, treatment they need.ranger resiliency special programs: the dedicated ranger chaplains have the responsibility of caring for the spiritual and emotional well-being and the resiliency of the rangers and their families. Army ranger lead the way fund sees it as our obligation to assist our ranger chaplains with the enduring task of enhancing ranger morale and sustaining family relationships. Army ranger lead the way fund provides enrichment grants for these programs that are established by chaplain command. Marriage retreats and date nights feature relationship training led by ranger chaplains and also offer free time for ranger couples to connect and recharge their relationship. Single ranger retreats feature chaplain-led training on life and relationship success as well as high-energy activities like mountain climbing, snow skiing, white-water rafting, and mountain biking. Bible studies: ranger chaplains and their wives lead bible studies and other spiritual-growth events for ranger couples or wives of deployed rangers and our ltwf resources provide much-needed childcare for these events.for our rangers who have suffered severe injuries such as paralysis or amputations, ltwf provides the support for modified vehicles and building and modifying mortgage-free, accessible, and smart homes. These "homes that heal" are custom built to include the specific adaptive equipment necessary to support the specific needs of each ranger.our rangers are among the most disciplined and skilled warriors in the world and we are dedicated to helping them utilize their ingrained skills by empowering them to thrive in careers at top universities around the country. When rangers make the decision not to re-enlist in the regiment after a long and successful military career, the transition back to civilian life can be challenging. Through our warrior education transition programs such as our collegiate access program (cap); graduate access program (gap); ranger activation and mentor program (ramp); we are committed to helping our rangers through the reintegration process, ensuring that they achieve their goals of a rewarding and prosperous civilian life. Through ltwf's cap/gap/ramp programs, rangers interested in secondary education have access to the most prestigious universities in the country as well as assistance with test prep, application and essay editing, scholarship and fellowships as well as internship and job programs.staying active and competitive is

Operating model

Revenue model
Donor-supported. 69% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 94
  • Accountability: 87
  • Sustainability: 73
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 62.5%; rating input score 63
  • Fundraising efficiency: $11.24 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 17th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13.6%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 12.25; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 6.6%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 21st percentile among comparable filings
  • Revenue growth: -4.3% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 62.5% of spending went to programs
  • Governance: 7 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $863K in reported program spending
  • Leadership: top reported pay $92K · 9 people listed
  • Consistency: 35 of 35 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.