Nonprofit · EIN 83-0508963
LEADERSHIP NEEDED FOUNDATION INC
Tax-exempt · MARIETTA, GA 30067
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,422,060 | $77,289 | $1,344,771 | $1,618,318 | $26,329 | $1,591,989 |
| December 31, 2023 | 990 | $32,232 | $17,416 | $14,816 | $268,449 | $21,231 | $247,218 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,500,000
- Program service revenue
- $0
- Investment income
- $2,476
- Net income from fundraising events
- -$80,416
- Other revenue
- -$80,416
Expenses
- Grants and similar amounts paid
- $20,700
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $283
- Occupancy
- $4,149
- Travel
- $34,933
- Program services (functional)
- $77,289
Balance sheet and other
- Total assets, start of year
- $268,449
- Total assets, end of year
- $1,618,318
- Total liabilities, end of year
- $26,329
- Net assets, end of year
- $1,591,989
- Land, buildings and equipment
- $1,400,593
- Net assets without donor restrictions
- $1,591,989
- Gross receipts
- $1,714,780
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2018
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR RAKTIM SEN | CHAIRMAN Trustee or director, Officer | 0.5 | $0 |
| DR MOHAMMAD BHUIYAN | VICE CHAIRMAN, PRESIDENT Trustee or director, Officer | 20 | $0 |
| MR BILL LANKFORD | TREASURER, EX-OFFICIO Trustee or director, Officer | 0.5 | $0 |
| DR ENAM CHOWDHURY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MRS SHAMINA AMIN | DIRECTOR Trustee or director | 0.5 | $0 |
| DR KANATA JACKSON | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR RAKTIM SEN | CHAIRMAN Trustee or director, Officer | 0.5 | $0 |
| DR MOHAMMAD BHUIYAN | VICE CHAIRMAN, PRESIDENT Trustee or director, Officer | 20 | $0 |
| MR BILL LANKFORD | TREASURER, EX-OFFICIO Trustee or director, Officer | 0.5 | $0 |
| DR ENAM CHOWDHURY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MRS SHAMINA AMIN | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3193 POWERS FORD SE, MARIETTA, GA 30067-5188
- In care of
- % S AMIN
- Mailing address (990-N for 2017)
- 3246 Paces Mill Road, Atlanta GA 30339
- Principal officer (990 for 2024)
- MOHAMMAD BHUIYAN, 3193 POWERS FORD SE, MARIETTA, GA 30067
- Principal officer (990-N for 2017)
- Mohammad Bhuiyan, 3246 Paces Mill Road, Atlanta GA 30339
- Signed the 990
- MOHAMMAD BHUIYAN, PRESIDENT & CEO
- Phone
- (404) 256-1606
- Website
- HBCUMIEI.ORG
- Return prepared by
- MSTILLER LLC
Mission
SEE SCHEDULE O.
Program accomplishments
- HELP COLLEGES AND UNIVERSITIES (HBCUS IN PARTICULAR) IN DEVELOPING A COMPREHENSIVE ENTREPRENEURSHIP, LEADERSHIP, FINANCIAL LITERACY, CAREER DEVELOPMENT, AND COACHING CURRICULUM THAT IS PARTICULARLY RELEVANT IN PREPARING YOUNG MEN AND WOMEN TO: 1. DEVELOP AN ENTREPRENEURIAL MINDSET TO BECOME MORE EFFECTIVE AND SUCCESSFUL IN THE CORPORATE WORLD. 2. BECOME SUCCESSFUL ENTREPRENEURS BY AVOIDING COSTLY MISTAKES. 3. CONTRIBUTE TO THE GENERATIONAL WEALTH CREATION. 4. BECOME AN EFFECTIVE LEADER AND A GOOD HUMAN BEING. STIMULATE STUDENTS' INTEREST IN ENTREPRENEURSHIP AND PROVIDE THEM WITH THE EXPERIENCE OF CONCEIVING BUSINESS VENTURES AND PREPARING AND PRESENTING BUSINESS PLANS. PROVIDE TRAINING AND NETWORKING OPPORTUNITIES TO ENTREPRENEURS SO THAT THEY CAN MOVE UP TO THE NEXT LEVEL. ANNUAL EVENT IS HELD IN APRIL EACH YEAR.Expenses $73,140 · grants $20,700
- ESTABLISHED A TRAINING CENTER IN COLUMBUS, OHIO USING A GRANT OF $1,500,000 FROM COHERENT CORP. $1,391,644.79 WAS PAID DIRECTLY TO THE SELLER OF THE BUILDING AT 1825 E 25TH AVENUE, COLUMBUS, OHIO. AN ADDITIONAL CASH GRANT OF $108,355.21 WAS PAID TO THE FOUNDATION FOR INCIDENTALS.Expenses $4,149
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-0508963
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E01)
- Assets (IRS master file)
- $1,618,318
- Income (IRS master file)
- $1,714,780
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,422,060 | $77,289 | $1,618,318 | XML |
| 990 | December 2023 | $32,232 | $17,416 | $268,449 | XML |
| 990 | December 2022 | $50 | $896 | $232,402 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Mohammad Bhuiyan | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-0508963).
Questions about LEADERSHIP NEEDED FOUNDATION INC
- What is the EIN of LEADERSHIP NEEDED FOUNDATION INC?
- The employer identification number (EIN) of LEADERSHIP NEEDED FOUNDATION INC is 83-0508963.
- Is LEADERSHIP NEEDED FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to LEADERSHIP NEEDED FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEADERSHIP NEEDED FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEADERSHIP NEEDED FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEADERSHIP NEEDED FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LEADERSHIP NEEDED FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MOHAMMAD BHUIYAN.
- Who are the officers and directors of LEADERSHIP NEEDED FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does LEADERSHIP NEEDED FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,422,060, expenses of $77,289 and total assets of $1,618,318 at year end.
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