Civic Intelligence

Lead the Way Learning Academy

EIN 46-5061452 • 501(c)3 • Columbus, OH

Profile

To empower the youth with clarity, inspiration, drive, and opportunities for growth. We achieve this through cutting-edge, research-backed programs and services designed to provide a profound sense of purpose in every individual we serve.

215 N Front Street Suite 700Columbus, OH 43215

www.leadthewaylearningacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.25x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$105,341

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

91st percentile

54%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

16%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,003,345

Up $352,591 (+54%) from 2023

Liabilities

Up

$246,906

Up $60,923 (+33%) from 2023

Net Assets

Up

$756,439

Up $291,668 (+63%) from 2023

Revenue

Up

$3,433,427

Up $483,889 (+16%) from 2023

Expenses

Up

$3,033,892

Up $529,835 (+21%) from 2023

Net Income

Down

$399,535

Down $45,946 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2015: $20,344Liabilities 2015: $31,1212015Assets 2016: $23,495Liabilities 2016: $31,214Net Assets 2016: -$7,7192016Assets 2017: $123,525Liabilities 2017: $129,944Net Assets 2017: -$6,4192017Assets 2018: $282,177Liabilities 2018: $172,574Net Assets 2018: $109,6032018Assets 2019: $193,572Liabilities 2019: $78,842Net Assets 2019: $114,7302019Assets 2020: $301,289Liabilities 2020: $258,202Net Assets 2020: $43,0872020Assets 2021: $417,220Liabilities 2021: $163,886Net Assets 2021: $253,3342021Assets 2022: $531,367Liabilities 2022: $512,077Net Assets 2022: $19,2902022Assets 2023: $650,754Liabilities 2023: $185,983Net Assets 2023: $464,7712023Assets 2024: $1,003,345Liabilities 2024: $246,906Net Assets 2024: $756,4392024

Highlighted filing

2024

Assets$1,003,345
Liabilities$246,906
Net Assets$756,439

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $161,170Expenses 2015: $184,508Net Income 2015: -$23,3382015Revenue 2016: $397,983Expenses 2016: $394,925Net Income 2016: $3,0582016Revenue 2017: $1,107,239Expenses 2017: $1,105,939Net Income 2017: $1,3002017Revenue 2018: $1,396,522Expenses 2018: $1,362,284Net Income 2018: $34,2382018Revenue 2019: $1,249,764Expenses 2019: $1,240,669Net Income 2019: $9,0952019Revenue 2020: $1,272,740Expenses 2020: $1,274,282Net Income 2020: -$1,5422020Revenue 2021: $2,121,965Expenses 2021: $1,889,835Net Income 2021: $232,1302021Revenue 2022: $1,609,070Expenses 2022: $1,843,114Net Income 2022: -$234,0442022Revenue 2023: $2,949,538Expenses 2023: $2,504,057Net Income 2023: $445,4812023Revenue 2024: $3,433,427Expenses 2024: $3,033,892Net Income 2024: $399,5352024

Highlighted filing

2024

Revenue$3,433,427
Expenses$3,033,892
Net Income$399,535

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 20, 2025
Return Version
2024v5.0
Gross Receipts
$3,433,427
Mission and Program Overview

Mission

To inspire, enrich and empower individuals and families to discover and realize their full potential through quality childcare, educational enrichment, and youth and workforce development.

To empower the youth with clarity, inspiration, drive, and opportunities for growth. We achieve this through cutting-edge, research-backed programs and services designed to provide a profound sense of purpose in every individual we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$507,212-
Cash and Non-Interest-Bearing Accounts$60,397$469,887▲ $409,490
Accounts Receivable$590,357$20,000▼ $570,357
Prepaid Expenses and Deferred Charges-$6,246-
Total Assets$650,754$1,003,345▲ $352,591
Liabilities
Unsecured Notes Loans Payable$146,154$150,000▲ $3,846
Accounts Payable and Accrued Expenses$39,829$96,906▲ $57,077
Total Liabilities$185,983$246,906▲ $60,923
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$464,771$743,963▲ $279,192
Net Assets With Donor Restrictions-$12,476-
Total Net Assets Fund Balance$464,771$756,439▲ $291,668
Total Liabilities and Net Assets / Fund Balance$650,754$1,003,345▲ $352,591
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anthony MurphyExecutive DiFT$115,633$115,633

Board Members and Trustees

NameTitle
Kimara JohnsonBoard Member
Meg MurdockBoard Member
Ron CunninghamBoard Member
Rachael PinckeyBoard Presid
Feren MorrisBoard Secret
Revenue and Support

Revenue Composition

Contributions and Grants
$3,142,911
Program Service Revenue
$290,506
Investment Income
$0
Other Revenue
$10
All Other Contributions
$40,126
Change in Net Assets
$399,535

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,433,427
Total Revenue per Audited Statements
$3,433,427
Total Revenue per Form 990
$3,433,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,645,575
Other Expenses$1,388,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,331,814$42,227-$1,374,041
Fees for Services Other$913,518$25,132-$938,650
Payroll Taxes$125,056$4,108-$129,164
Current Officers, Directors, Trustees, and Key Employees$109,851$5,782-$115,633
Occupancy$84,191$4,167-$88,358
Office Expenses$52,661$18,626-$71,287
Fees for Services Accounting$46,525$2,383-$48,908
Other Employee Benefits$21,339$5,398-$26,737
Interest-$13,589-$13,589
Other Expenses$41,665$10,591-$10,591
Fees for Services Legal-$8,567-$8,567
Travel$6,298$101-$6,399
Insurance$3,957$31-$3,988
Total Functional Expenses$2,876,486$157,406$0$3,033,892

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,033,892
Total Expenses per Audited Statements$3,033,892
Total Expenses per Form 990$3,033,892
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
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 35% controlled entity
No
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
No
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, Page 6, Part VI, Line 11B

The business finance specialist reviews the 990 prior to providing to the ceo for signature. The return is presented to the board during the following board meeting scheduled.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are required to be disclosed by board members on an annual basis. Should a situation arise that a conflict of interest could be present at an interval other than the annual disclosure, the related party member is requested to depart from the board meeting while the possible conflict is discussed and determined if a conflict exists and a vote on the course of action to be taken is required among the other members of the board.

Form 990, Page 6, Part VI, Line 19

Written requests are reviewed by the board, who will make the decision on if and how the documents will be made available.

Filing and Contact Details

Filer

Filer Name
Lead the Way Learning Academy
EIN
46-5061452
Phone
6149150434
Address
215 N FRONT STREET SUITE 700, COLUMBUS, OH 43215

Signing Officer

Name
Anthony Murphy
Title
Executive Director
Phone
6148424993
Signed
2025-08-20

Organization Details

Principal Officer
Anthony Murphy
Formed
2014
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
323
Volunteers
5

Preparer

Firm
Wells CPA LLC
Address
215 N FRONT ST STE 110, COLUMBUS, OH 43215
Preparer
Donald Wells
Phone
6143968974
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To empower the youth with clarity, inspiration, drive, and opportunities for growth. We achieve this through cutting-edge, research-backed programs and services designed to provide a profound sense of purpose in every individual we serve.

Form 990, Page 2, Part III, Line 4A

In 2024, lead the way learning academy helped equip over 650 youth participants with the skills and confidence needed to thrive in their futures. Thanks to our dedicated programs in youth development and workforce readiness, more than 110 high school seniors proudly graduated, while over 100 students advanced to the next grade level. Additionally, more than 30 participants earned industry-recognized credentials, opening doors to meaningful career opportunities that they showed interest in. We believe in incentivizing success-our measurable skills gain tracking kept students engaged and rewarded their achievements, resulting in over 450 incentives paid to youth for their continued commitment to their in- school education. Beyond academics, we provided crucial supportive services to over 80 students-ensuring they had access to driver's education, college visits (including transportation), work essentials, enrollment fees, and even laptops-all at no cost to them or their families.

Form 990, Part IX, Line 11G

School partnerships 525 0 0 it 26,400 0 0 other professional fees 29,915 19,404 0 student transport costs 56,050 0 0 marketing and promotion 55,731 5,328 0 student training contracts 744,897 400 0 total 913,518 25,132 0

Financial Statement Notes

Schedule D, Page 3, Part X

Lead the way learning academy is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Lead the way learning academy follows fasb guidance on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, lead the way learning academy may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of lead the way learning academy, and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. For the year ended december 31, 2024, there were no material unrecognized tax benefits identified or recorded as liabilities. Lead the way learning academy files a form 990 in the u.s. Federal jurisdiction and the state of ohio. Lead the way learning academy's federal exempt organization tax returns are subject to examination by the internal revenue service, generally for three years after they are filed. All tax returns for years ending after december 31, 2021 are open for examination.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LEAD THE WAY LEARNING ACADEMY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. LEAD THE WAY LEARNING ACADEMY FOLLOWS FASB GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, LEAD THE WAY LEARNING ACADEMY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF LEAD THE WAY LEARNING ACADEMY, AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. FOR THE YEAR ENDED DECEMBER 31, 2024, THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. LEAD THE WAY LEARNING ACADEMY FILES A FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF OHIO. LEAD THE WAY LEARNING ACADEMY'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. ALL TAX RETURNS FOR YEARS ENDING AFTER DECEMBER 31, 2021 ARE OPEN FOR EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO EMPOWER THE YOUTH WITH CLARITY, INSPIRATION, DRIVE, AND OPPORTUNITIES FOR GROWTH. WE ACHIEVE THIS THROUGH CUTTING-EDGE, RESEARCH-BACKED PROGRAMS AND SERVICES DESIGNED TO PROVIDE A PROFOUND SENSE OF PURPOSE IN EVERY INDIVIDUAL WE SERVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN 2024, LEAD THE WAY LEARNING ACADEMY HELPED EQUIP OVER 650 YOUTH PARTICIPANTS WITH THE SKILLS AND CONFIDENCE NEEDED TO THRIVE IN THEIR FUTURES. THANKS TO OUR DEDICATED PROGRAMS IN YOUTH DEVELOPMENT AND WORKFORCE READINESS, MORE THAN 110 HIGH SCHOOL SENIORS PROUDLY GRADUATED, WHILE OVER 100 STUDENTS ADVANCED TO THE NEXT GRADE LEVEL. ADDITIONALLY, MORE THAN 30 PARTICIPANTS EARNED INDUSTRY-RECOGNIZED CREDENTIALS, OPENING DOORS TO MEANINGFUL CAREER OPPORTUNITIES THAT THEY SHOWED INTEREST IN. WE BELIEVE IN INCENTIVIZING SUCCESS-OUR MEASURABLE SKILLS GAIN TRACKING KEPT STUDENTS ENGAGED AND REWARDED THEIR ACHIEVEMENTS, RESULTING IN OVER 450 INCENTIVES PAID TO YOUTH FOR THEIR CONTINUED COMMITMENT TO THEIR IN- SCHOOL EDUCATION. BEYOND ACADEMICS, WE PROVIDED CRUCIAL SUPPORTIVE SERVICES TO OVER 80 STUDENTS-ENSURING THEY HAD ACCESS TO DRIVER'S EDUCATION, COLLEGE VISITS (INCLUDING TRANSPORTATION), WORK ESSENTIALS, ENROLLMENT FEES, AND EVEN LAPTOPS-ALL AT NO COST TO THEM OR THEIR FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BUSINESS FINANCE SPECIALIST REVIEWS THE 990 PRIOR TO PROVIDING TO THE CEO FOR SIGNATURE. THE RETURN IS PRESENTED TO THE BOARD DURING THE FOLLOWING BOARD MEETING SCHEDULED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED BY BOARD MEMBERS ON AN ANNUAL BASIS. SHOULD A SITUATION ARISE THAT A CONFLICT OF INTEREST COULD BE PRESENT AT AN INTERVAL OTHER THAN THE ANNUAL DISCLOSURE, THE RELATED PARTY MEMBER IS REQUESTED TO DEPART FROM THE BOARD MEETING WHILE THE POSSIBLE CONFLICT IS DISCUSSED AND DETERMINED IF A CONFLICT EXISTS AND A VOTE ON THE COURSE OF ACTION TO BE TAKEN IS REQUIRED AMONG THE OTHER MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WRITTEN REQUESTS ARE REVIEWED BY THE BOARD, WHO WILL MAKE THE DECISION ON IF AND HOW THE DOCUMENTS WILL BE MADE AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOOL PARTNERSHIPS 525 0 0 IT 26,400 0 0 OTHER PROFESSIONAL FEES 29,915 19,404 0 STUDENT TRANSPORT COSTS 56,050 0 0 MARKETING AND PROMOTION 55,731 5,328 0 STUDENT TRAINING CONTRACTS 744,897 400 0 TOTAL 913,518 25,132 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY MURPHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06148424993
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-20
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD WELLS
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ReturnHeader/ReturnTs02025-08-20T09:16:08-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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