2024-05-07T12:51:55-05:00 2023-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2023-01-01 521296700 BALTIMORE LEADERSHIP DEVELOPMENT ORGANIZATION INC BALT 4435527999 111 SOUTH CALVERT STREET BALTIMORE MD 21202 DAVID SACHS EXECUTIVE DIRECTOR 4435527999 2024-04-18 1 DAVID SACHS 999009999 0 CHRISTOPHER LEHMAN P02033500 4105840060 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DAVID SACHS 111 SOUTH CALVERT STREET BALTIMORE MD 21202 1175136 0 X N/A X 1983 MD THE MISSION OF THE LEADERSHIP (BALTIMORE LEADERSHIP DEVELOPMENT ORGANIZATION, INC.) IS TO PREPARE THE NEXT GENERATION OF LEADERS TO IMPROVE THE QUALITY OF LIFE FOR ALL CITIZENS IN THE GREATER BALTIMORE REGION. EACH YEAR'S CLASS INCLUDES MEMBERS FROM THE BUSINESS, NON-PROFIT AND GOVERNMENT SECTORS. PARTICIPANTS EXPERIENCE AN INTENSIVE YEAR-LONG EDUCATIONAL EXPERIENCE PREPARING THEM TO ACTIVELY ENGAGE IN LEADERSHIP ROLES IN THE BALTIMORE COMMUNITY. 8 8 5 8 0 0 51916 531305 607830 540359 145424 44018 81536 -50352 886706 1065330 0 0 0 0 457847 538195 0 0 120512 365164 401441 823011 939636 63695 125694 1436756 1629936 174600 205081 1262156 1424855 X THE MISSION OF THE LEADERSHIP (BALTIMORE LEADERSHIP DEVELOPMENT ORGANIZATION, INC.) IS TO DEVELOP, ENGAGE, AND CONNECT BALTIMORE'S MOST TALENTED INDIVIDUALS TO BECOME MORE EFFECTIVE CIVIC LEADERS INDIVIDUALLY AND COLLECTIVELY IN THE BALTIMORE REGION BY FOCUSING ON 1) EXPLORING BALTIMORE'S HISTORY, CHALLENGES, ASSETS, AND PEOPLE, 2) DEVELOPING CIVIC LEADERSHIP COMPETENCIES, AND 3) FORGING SUBSTANTIVE RELATIONSHIPS AMONGST PARTICIPANTS. PROGRAMMING IS DESIGNED FOR DIVERSE INDIVIDUALS IN ORGANIZATIONS IN THE PUBLIC, PRIVATE, AND NOT-FOR-PROFIT SECTORS. IMMERSIVE FIELD-BASED LEARNING OPPORTUNITIES, SMALL AND LARGE GROUP DISCUSSIONS, RETREATS, COMPETENCY BUILDING ACTIVITIES, AND INTERACTIONS WITH A BROAD SPECTRUM OF BALTIMORE'S MOST INFLUENTIAL INDIVIDUALS AND ORGANIZATIONS CREATES A TRANSFORMATIVE DEVELOPMENT EXPERIENCE FOR PROGRAM PARTICIPANTS. WE ALSO PROVIDE LEARNING AND NETWORKING OPPORTUNITIES FOR OUR 1,500 ALUMNI. 0 0 533819 533625 LEADERSHIP DEVELOPMENT - BALTIMORE AREA LEADERS FROM DIVERSE BACKGROUNDS IN BUSINESS, NOT-FOR-PROFIT AND GOVERNMENT COME TOGETHER TO PARTICIPATE IN SEMINARS, MEETINGS AND OTHER ACTIVITIES. 122487 6734 LEADERSHIP ASSOCIATION - ALUMNI ASSOCIATION FOR GRADUATES OF THE LEADERSHIP SERIES ENABLES GRADUATES TO STAY INFORMED ABOUT ISSUES AFFECTING THE BALTIMORE REGION. 656306 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X DAVID SACHS 4435527999 111 SOUTH CALVERT STREET BALTIMORE MD 21202 LAURA BOYDSTON TREASURER 1.00 X X 0 0 0 JOHN FRISCH CHAIR 1.00 X X 0 0 0 SMITHA GOPAL DIRECTOR 0.50 X 0 0 0 JEANNIE HOWE ALUMNI COUNCIL CHAIR 1.00 X 0 0 0 ROBERT MATTHEWS VICE CHAIR/SECRETARY 1.00 X X 0 0 0 STACY TOBIN DIRECTOR 0.50 X 0 0 0 JOHN FOSTER DIRECTOR 0.50 X 0 0 0 JAY NWACHU DIRECTOR 0.50 X 0 0 0 DAVID SACHS EXECUTIVE DIRECTOR 40.00 X 200512 0 24353 200512 0 24353 1 0 1 0 0 91250 440055 531305 TUITION INCOME 611430 528750 528750 ASSOCIATION DUES 900099 6734 6734 FEE FOR SERVICE 900099 4875 4875 540359 44018 44018 51228 91250 109806 -58578 -58578 MISCELLANEOUS 900099 8226 8226 8226 1065330 540359 0 -6334 224865 157406 44973 22486 215675 150972 43135 21568 22121 15485 4424 2212 44620 31234 8924 4462 30914 21640 6183 3091 70660 35548 9435 25677 41592 20924 5554 15114 5757 5757 66180 41882 11117 13181 2249 1351 898 21850 8296 11644 1910 30524 15865 5581 9078 4832 3045 1752 35 3771 2577 820 374 1110 875 185 50 3400 2683 568 149 CATERING 71981 71981 VENUE RENTAL 53231 53231 BAD DEBT 14513 14513 PROFESSIONAL DEVELOPMEN 734 734 9057 6798 1134 1125 939636 656306 162818 120512 217500 314242 257353 284205 76616 169282 11962 13752 28842 26717 981 2125 872344 846330 1436756 1629936 43075 31081 131525 174000 174600 205081 X 193189 275436 1068967 1149419 1262156 1424855 1436756 1629936 125694 37005 0 X X 1 X 0 0 0 X 107041 185445 171956 83166 528780 1076388 107041 185445 171956 83166 528780 1076388 97328 979060 36581 42105 66156 145424 44018 334284 12404 5560 77505 81536 8226 185231 1595903 1108202 0.61350 0.57020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28842 26717 2125 2125 X 1274410 37005 68026 105031 1169379 5757 -109806 -104049 1065330 1111711 68026 68026 1043685 5757 -109806 -104049 939636 PART X, LINE 2: THE LEADERSHIP IS A NONPROFIT ORGANIZATION EXEMPT FROM THE FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE LEADERSHIP PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2020 THROUGH 2023, REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE LEADERSHIP FILES TAX RETURNS. IT IS THE LEADERSHIP'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSE -109,806. PART XII, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSE -109,806. 40TH ANNIVERSARY CELEBRATION 142478 91250 51228 14974 14840 24721 55271 142478 91250 51228 14974 14840 24721 55271 109806 -58578 X 0 0 X 0 0 0 0 0 0 0 0 0 DAVID SACHS EXECUTIVE DIRECTOR 178512 0 22000 0 0 0 0 0 24353 0 224865 0 0 0 PART I, LINE 1A LEADERSHIP PAYS FOR THE SOCIAL CLUB DUES FOR THE EXECUTIVE DIRECTOR. THIS PERSON USES IT FOR BUSINESS PURPOSES ONLY. ACCORDINGLY, THIS BENEFIT WAS NOT INCLUDED AS TAXABLE COMPENSATION TO THIS PERSON. PART I, LINE 1B THIS EMPLOYEE USES THE SOCIAL CLUB FOR BUSINESS PURPOSES ONLY. SINCE IT IS PAID DIRECTLY BY LEADERSHIP, THERE IS NO REIMBURSEMENT PROCESS TO FOLLOW. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE TAX RETURN IS MADE AVAILABLE TO ALL BOARD MEMBERS VIA EMAIL PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EXECUTIVE COMMITTEE MONITORS COMPLIANCE WITH ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 BOARD SETS AND APPROVES EXECUTIVE DIRECTOR COMPENSATION AND APPROVES ASSISTANT DIRECTOR AND OTHER STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.