Civic Intelligence

Lead Education Group Inc.

990 • Fiscal year 2018 • EIN 27-2456254

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

PO Box 5392Wheaton, IL 60189

(630) 580-5754

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

29th percentile

-6.0%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$100,500

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 21.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

30th percentile

-9.5%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$216,042

Down $22,561 (-9.5%) from 2017

Net Assets

Down

$202,727

Down $28,057 (-12%) from 2017

Liabilities

Up

$13,315

Up $5,496 (+70%) from 2017

Revenue

Up

$471,132

Up $108,226 (+30%) from 2017

Expenses

Up

$499,189

Up $150,898 (+43%) from 2017

Net Income

Down

-$28,057

Down $42,672 (-292%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2014: $125,533Liabilities 2014: $4,345Net Assets 2014: $121,1882014Assets 2015: $284,857Liabilities 2015: $34,682Net Assets 2015: $250,1752015Assets 2016: $226,087Liabilities 2016: $9,918Net Assets 2016: $216,1692016Assets 2017: $238,603Liabilities 2017: $7,819Net Assets 2017: $230,7842017Assets 2018: $216,042Liabilities 2018: $13,315Net Assets 2018: $202,7272018Assets 2019: $183,068Liabilities 2019: $18,287Net Assets 2019: $164,7812019Assets 2020: $211,817Liabilities 2020: $13,228Net Assets 2020: $198,5892020Assets 2021: $147,947Liabilities 2021: $5,856Net Assets 2021: $142,0912021Assets 2022: $183,456Liabilities 2022: $5,211Net Assets 2022: $178,2452022Assets 2023: $213,924Liabilities 2023: $5,428Net Assets 2023: $208,4962023Assets 2024: $352,414Liabilities 2024: $5,626Net Assets 2024: $346,7882024

Highlighted filing

2018

Assets$216,042
Liabilities$13,315
Net Assets$202,727

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $252,045Expenses 2014: $223,902Net Income 2014: $28,1432014Revenue 2015: $305,690Expenses 2015: $176,703Net Income 2015: $128,9872015Revenue 2016: $204,901Expenses 2016: $238,907Net Income 2016: -$34,0062016Revenue 2017: $362,906Expenses 2017: $348,291Net Income 2017: $14,6152017Revenue 2018: $471,132Expenses 2018: $499,189Net Income 2018: -$28,0572018Revenue 2019: $485,905Expenses 2019: $523,851Net Income 2019: -$37,9462019Revenue 2020: $392,014Expenses 2020: $358,206Net Income 2020: $33,8082020Revenue 2021: $389,534Expenses 2021: $446,032Net Income 2021: -$56,4982021Revenue 2022: $413,829Expenses 2022: $377,675Net Income 2022: $36,1542022Revenue 2023: $362,721Expenses 2023: $332,470Net Income 2023: $30,2512023Revenue 2024: $547,382Expenses 2024: $409,090Net Income 2024: $138,2922024

Highlighted filing

2018

Revenue$471,132
Expenses$499,189
Net Income-$28,057
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$471,132
Mission and Program Overview

Mission

Provide transformational education in various countries throughout the world. This mission is accomplished through the following initiatives: starting english-speaking schools, providing teachers for national schools, teacher training, english tutoring & education for the deaf.

To provide transformational education in schools and communities throughout the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$238,603$207,542▼ $31,061
Total Assets$238,603$216,042▼ $22,561
Other Assets Total$0$8,500▲ $8,500
Liabilities
Accounts Payable and Accrued Expenses$7,819$8,270▲ $451
Other Liabilities$0$5,045▲ $5,045
Total Liabilities$7,819$13,315▲ $5,496
Net Assets / Fund Balance
Temporarily Rstr Net Assets$163,615$119,731▼ $43,884
Unrestricted Net Assets$67,169$82,996▲ $15,827
Total Net Assets Fund Balance$230,784$202,727▼ $28,057
Total Liabilities and Net Assets / Fund Balance$238,603$216,042▼ $22,561
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Stephen BeckDirectorFT$100,500$100,500

Board Members and Trustees

NameTitle
Dr Henk PrengerBoard Member
Dr Kitty PurgasonBoard Member
Mr Donald BeaverBoard Member
Mr Robert KnappBoard Member and Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$471,132
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$471,132
Change in Net Assets
$-28,057

Audited Revenue Reconciliation

Revenue per Audited Statements
$471,132
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$158,000
Total Revenue per Audited Statements
$629,132
Total Revenue per Form 990
$471,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$293,534
Other Expenses$205,655
Total Fundraising Expense$31,132
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$230,319$40,638$22,577$293,534
Travel$42,046-$4,369$46,415
All Other Expenses$8,577$5,029$4,186$17,792
Other Expenses$5,315$280$0$5,595
Information Technology$3,336--$3,336
Office Expenses$702$78-$780
Insurance-$668-$668
Total Functional Expenses$382,541$85,516$31,132$499,189

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$657,189
Expenses per Audited Statements$499,189
Total Expenses per Form 990$499,189
Expenses Not Reported on Form 990$158,000
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
3
Employees
3
Spending
$451,353

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AmericaProgram ServicesEnglish Tutoring, English Speaking Schools, National Schools33$451,353
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$4,379
Non-deductible Gifts Payable$666
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent cpa firm. It is reviewd by the director in detail prior to filing with the irs. A copy is also provided to the full board prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The organization's director consistently monitors and enforces compliance with the policy. Should any potential conflicts of interst be disclosed, the board memebr or officer would be asked to refrain from participation in any deliberation with regard to matters affected by the relationaship.

Form 990, Part VI, Section B, Line 15A

The process for determining compensation for the director included review and approval by independent persons. Comparability data is used and the approval process in documented. The organization does not compensate any other officers or key employees. Therefore, this quesiton was answered in accordance with the instructions.

Form 990, Part VI, Section C, Line 19

The organization makes ints governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lead Education Group Inc
EIN
27-2456254
Phone
6305805754
Address
PO BOX 5392, WHEATON, IL 60189

Signing Officer

Name
Stephen Beck
Title
President
Phone
6306338090
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Stephen Beck
Formed
2010
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
8
Volunteers
12

Preparer

Firm
Tighe Kress & Orr Pc
Address
2001 LARKIN AVENUE SUITE 202, ELGIN, IL 60123
Preparer
Cynthia M Petschke CPA Cva
Phone
8476952700
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization's board assumes responsibility for oversight of the audit of its financial statments and selection of its independent accountant. This process has not changed since the prior year.

Raw XML Appendix394 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0PROVIDE TRANSFORMATIONAL EDUCATION IN VARIOUS COUNTRIES THROUGHOUT THE WORLD. THIS MISSION IS ACCOMOPLISHED THROUGH THE FOLLOWING INITIATIVES: STARTING ENGLISH-SPEAKING SCHOOLS, PROVIDING TEACHERS FOR NATIONAL SCHOOLS, TEACHER TRAINING, ENGLISH TUTORING & EDUCATION FOR THE DEAF.
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IRS990ScheduleD/TotalExpensesPerForm990Amt0499189
IRS990ScheduleD/TotalLiabilityAmt05045
IRS990ScheduleD/TotalRevenuePerForm990Amt0471132
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0629132
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0657189
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt03
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt03
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0451353
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST AND NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ENGLISH TUTORING, ENGLISH SPEAKING SCHOOLS, NATIONAL SCHOOLS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalOfficesCnt03
IRS990ScheduleF/SubtotalSpentAmt0451353
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt03
IRS990ScheduleF/TotalSpentAmt0451353
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. IT IS REVIEWD BY THE DIRECTOR IN DETAIL PRIOR TO FILING WITH THE IRS. A COPY IS ALSO PROVIDED TO THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES ALL OFFICERS AND BOARD MEMBERS TO ANNUALLY COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE. THE ORGANIZATION'S DIRECTOR CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY. SHOULD ANY POTENTIAL CONFLICTS OF INTERST BE DISCLOSED, THE BOARD MEMEBR OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONASHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR DETERMINING COMPENSATION FOR THE DIRECTOR INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS. COMPARABILITY DATA IS USED AND THE APPROVAL PROCESS IN DOCUMENTED. THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPLOYEES. THEREFORE, THIS QUESITON WAS ANSWERED IN ACCORDANCE WITH THE INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES INTS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATMENTS AND SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0163615
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0119731
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0238603
IRS990/TotalAssetsEOYAmt0216042
IRS990/TotalAssetsGrp/BOYAmt0238603
IRS990/TotalAssetsGrp/EOYAmt0216042
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0471132
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt031132
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085516
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0382541
IRS990/TotalFunctionalExpensesGrp/TotalAmt0499189
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07819
IRS990/TotalLiabilitiesEOYAmt013315
IRS990/TotalLiabilitiesGrp/BOYAmt07819
IRS990/TotalLiabilitiesGrp/EOYAmt013315
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0230784
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0202727
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0382541
IRS990/TotalReportableCompFromOrgAmt0100500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0471132
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0238603
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0216042
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt04369
IRS990/TravelGrp/ProgramServicesAmt042046
IRS990/TravelGrp/TotalAmt046415
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt067169
IRS990/UnrestrictedNetAssetsGrp/EOYAmt082996
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 5392
IRS990/USAddress/CityNm0WHEATON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060189
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0LEADEDUCATIONGROUP.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN BECK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06306338090
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEAD EDUCATION GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAD
ReturnHeader/Filer/EIN0272456254
ReturnHeader/Filer/PhoneNum06305805754
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5392
ReturnHeader/Filer/USAddress/CityNm0WHEATON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060189
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BCF790351F8BFD8B21E293D680088B356C0E0DD4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A3A1D4940755BBB3C347316792D39D6584258F69
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.198.1.97
ReturnHeader/FilingSecurityInformation/IPDt02019-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:09:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260476995
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIGHE KRESS & ORR PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02001 LARKIN AVENUE SUITE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELGIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060123
ReturnHeader/PreparerPersonGrp/PhoneNum08476952700
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CYNTHIA M PETSCHKE CPA CVA
ReturnHeader/ReturnTs02019-11-07T16:09:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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