Leader Breeders Inc
Nonprofit profile at a glance
- EIN
- 852500928
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024, Form 990-N 2022
- Location
- Baltimore, MD, USA
- Phone
- 9179031410
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $442,731
- Expenses
- $385,555
- Assets
- $88,316
- Liabilities
- $17,683
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- CORIN ADAMS (President & CEO)
- JEANETTE WOOTEN (Vice President)
Highest reported compensation
- CORIN ADAMS (President & CEO): $71,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To implement change for inner city youth by providing a space for academic enrichment, career development, physical activity, and growing community engagement.
What it reported doing in 2025
Offered a mentorship program, STREAM camp, basketball tournament, reading literacy program, gun violence prevention event, and after school programs.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 37
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.6%; rating input score 66
- Program expense ratio: 75.4%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 18.4%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 90.5% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 102.9% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 65.6% of revenue deployed · 75.4% of spending went to programs
- Governance: 8 of 8 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $291K in reported program spending
- Leadership: top reported pay $71K · 8 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 2 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 20/100.