Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
The Leverage Network Inc.
990EZ • Fiscal year 2017 • EIN 47-3517179
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.33x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 49.3% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Balance Sheet
Assets
Up$69,013
Up $39,682 (+135%) from 2016
Net Assets
Up$45,913
Up $34,663 (+308%) from 2016
Liabilities
Up$23,100
Up $5,019 (+28%) from 2016
Revenue And Expenses
Revenue
Up$156,364
Up $73,377 (+88%) from 2016
Expenses
Up$121,701
Up $49,591 (+69%) from 2016
Net Income
Up$34,663
Up $23,786 (+219%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Mar 10, 2018
- Return Version
- 2017v2.2
- Gross Receipts
- $198,683
Mission and Program Overview
Mission
The leverage network is dedicated to empowering leadership that champions improved healthoutcomes for all.
Educational services to support the advancement of minorities in the healthcare field.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| A BOARD OF ADVISORS WAS DEVELOPED FOR THE LAUNCH OF THE HEALTHCARE BOARD INITIATIVE. THIS ADDRESSES INCREASING THE REPRESENTATION OF AFRICAN AMERICANS IN EXECUTIVE LEADERSHIP POSITIONS, INCREASING THE NUMBER OF AFRICAN AMERICANS HOLDING SEATS ON THE BOARDS OF MAJOR HEALTHCARE ORGANIZATIONS, AND INCREASING THE NUMBER OF MAJOR HEALTHCARE CONTRACTS HELD BY AFRICAN AMERICAN ENTREPRENEURS. | $198,683 | $164,018 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ANTOINETTE HARDY-WALLER | Secretary & Director | FT | $77,025 | - | $77,025 |
| ERNEST URQUHART | President & Director | - | $0 | - | - |
| RUPERT M EVANS SR | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Ewoc Summit | $73,350 | $23,350 | $42,319 | $-18,969 |
| Total Events | $73,350 | $23,350 | $42,319 | $-18,969 |
Filing and Contact Details
Filer
- Filer Name
- The Leverage Network Inc
- EIN
- 47-3517179
- Phone
- 7086465319
- Address
- 200 S WACKER 3100, CHICAGO, IL 60606
Signing Officer
- Name
- Antoinette Hardy-waller
- Title
- Secretary & Director
- Phone
- 7086465319
- Signed
- 2018-03-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Weiss & Company Llp
- Address
- 2700 PATRIOT BOULEVARD - SUITE 400, GLENVIEW, IL 60026
- Preparer
- Christopher S Bozarth
- Phone
- 8474418800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising and promotion. Amount: 5,990. Description: bank charges. Amount: 1,181. Description: interest. Amount: 2,819. Description: meals & entertainment. Amount: 893. Description: office & supplies expenses. Amount: 59. Description: travel. Amount: 5,081. Description: conference registration. Amount: 600. Description: consulting fees. Amount: 10,000. Description: dues & subscriptions. Amount: 312. Description: licenses & fees. Amount: 87. Description: parking. Amount: 30. Description: secretary of state. Amount: 142. Description: transcription services. Amount: 200. Description: uc taxes. Amount: 113. Description: website and social media. Amount: 1,330. Description: payroll fees. Amount: 5,318. Total to form 990-ez, line 16: 34,155.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: credit card. Beg. Of year amount: 13,081. End of year amount: 18,100. Description: payable to officers, directors, etc.. Beg. Of year amount: 5,000. End of year amount: 5,000.”
Raw XML Appendix158 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ANTOINETTE HARDY-WALLER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7086465319 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1002 W VAN BUREN APT 408 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CHICAGO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60607 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29331 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 69013 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 175333 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 34663 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1471 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 29331 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 69013 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 23350 |
| IRS990EZ/GrossReceiptsAmt | 0 | 198683 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 11250 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 45913 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 11250 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 45913 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3158 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 77025 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ERNEST URQUHART |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANTOINETTE HARDY-WALLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RUPERT M EVANS SR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34155 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATIONAL SERVICES TO SUPPORT THE ADVANCEMENT OF MINORITIES IN THE HEALTHCARE FIELD. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | A BOARD OF ADVISORS WAS DEVELOPED FOR THE LAUNCH OF THE HEALTHCARE BOARD INITIATIVE. THIS ADDRESSES INCREASING THE REPRESENTATION OF AFRICAN AMERICANS IN EXECUTIVE LEADERSHIP POSITIONS, INCREASING THE NUMBER OF AFRICAN AMERICANS HOLDING SEATS ON THE BOARDS OF MAJOR HEALTHCARE ORGANIZATIONS, AND INCREASING THE NUMBER OF MAJOR HEALTHCARE CONTRACTS HELD BY AFRICAN AMERICAN ENTREPRENEURS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 198683 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 164018 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 82917 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 42319 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -18969 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 18081 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 23100 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 121701 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 164018 |
| IRS990EZ/TotalRevenueAmt | 0 | 156364 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | THELEVERAGENETWORKINC.COM |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 175333 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 83000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26710 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 285043 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 285043 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 175333 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 83000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26710 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 285043 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 175333 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 83000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 26710 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 285043 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 50000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 50000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 42319 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | EWOC SUMMIT |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 73350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 73350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 23350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 23350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -18969 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 42319 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 42319 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 5,990. DESCRIPTION: BANK CHARGES. AMOUNT: 1,181. DESCRIPTION: INTEREST. AMOUNT: 2,819. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 893. DESCRIPTION: OFFICE & SUPPLIES EXPENSES. AMOUNT: 59. DESCRIPTION: TRAVEL. AMOUNT: 5,081. DESCRIPTION: CONFERENCE REGISTRATION. AMOUNT: 600. DESCRIPTION: CONSULTING FEES. AMOUNT: 10,000. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 312. DESCRIPTION: LICENSES & FEES. AMOUNT: 87. DESCRIPTION: PARKING. AMOUNT: 30. DESCRIPTION: SECRETARY OF STATE. AMOUNT: 142. DESCRIPTION: TRANSCRIPTION SERVICES. AMOUNT: 200. DESCRIPTION: UC TAXES. AMOUNT: 113. DESCRIPTION: WEBSITE AND SOCIAL MEDIA. AMOUNT: 1,330. DESCRIPTION: PAYROLL FEES. AMOUNT: 5,318. TOTAL TO FORM 990-EZ, LINE 16: 34,155. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CREDIT CARD. BEG. OF YEAR AMOUNT: 13,081. END OF YEAR AMOUNT: 18,100. DESCRIPTION: PAYABLE TO OFFICERS, DIRECTORS, ETC.. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANTOINETTE HARDY-WALLER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY & DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7086465319 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-03-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE LEVERAGE NETWORK INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LEVE |
| ReturnHeader/Filer/EIN | 0 | 473517179 |
| ReturnHeader/Filer/PhoneNum | 0 | 7086465319 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 S WACKER 3100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60606 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | FB6D5B3C12CB4C82BA62E36CBD9267DD8043ACA8 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 0A2308F95823302D9FFE0693BD0C5588A34F5D17 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.77.134.189 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-03-10 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 11:51:35 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 362663249 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WEISS & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2700 PATRIOT BOULEVARD - SUITE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GLENVIEW |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60026 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8474418800 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTOPHER S BOZARTH |
| ReturnHeader/ReturnTs | 0 | 2018-04-14T13:00:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $69,013
- Liabilities
- $23,100
- Net assets
- $45,913
- Revenue
- $156,364
- Expenses
- $121,701
- Net income
- $34,663