Nonprofit · EIN 85-2500928
LEADER BREEDERS INC
Tax-exempt · BALTIMORE, MD 21215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $442,731 | $385,555 | $57,176 | $88,316 | $17,683 | $70,633 |
| December 31, 2024 | 990-EZ | $147,185 | $144,709 | $2,476 | $13,457 | – | $13,457 |
| December 31, 2023 | 990-EZ | $54,113 | $49,028 | $5,085 | $10,981 | – | $10,981 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $361,597
- Program service revenue
- $78,501
- Investment income
- $4
- Other revenue
- $2,629
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $71,000
- Other salaries and wages
- $85,287
- Salaries, compensation and benefits (total)
- $174,178
- Professional fundraising fees
- $0
- Legal fees
- $200
- Accounting fees
- $1,085
- Occupancy
- $3,915
- Travel
- $11,284
- Program services (functional)
- $290,574
- Management and general (functional)
- $94,981
Balance sheet and other
- Total assets, start of year
- $13,457
- Total assets, end of year
- $88,316
- Total liabilities, end of year
- $17,683
- Net assets, end of year
- $70,633
- Net assets without donor restrictions
- $70,633
- Gross receipts
- $442,731
- Employees
- 14
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORIN ADAMS | President & CEO Officer | 40 | $71,000 |
| JEANETTE WOOTEN | Vice President Trustee or director, Officer | 0 | $0 |
| LAURA HERRMANN | Treasurer Trustee or director, Officer | 0 | $0 |
| GWENDOLYN YOUNGBLOOD | Secretary Trustee or director, Officer | 0 | $0 |
| KIMBERLY ROSS-WATKINS | Director Trustee or director, Officer | 0 | $0 |
| SAM BRAND | Director Trustee or director, Officer | 0 | $0 |
| BURTON MARVIN CORNISH | Director Trustee or director, Officer | 0 | $0 |
| CIARA WEBB | Director Trustee or director, Officer | 0 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORIN ADAMS | President & CEO | 40 | $41,282 |
| JEANETTE WOOTEN | Vice President | 0 | $0 |
| LAURA HERRMANN | Treasurer | 0 | $0 |
| GWENDOLYN YOUNGBLOOD | Secretary | 0 | $0 |
| KIMBERLY ROSS-WATKINS | Director | 0 | $0 |
| SAM BRAND | Director | 0 | $0 |
| BURTON MARVIN CORNISH | Director | 0 | $0 |
| CIARA WEBB | Director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORIN ADAMS | President | 0 | $0 |
| JEANETTE WOOTEN | Vice President | 0 | $0 |
| LAURA HERRMANN | Treasurer | 0 | $0 |
| GWENDOLYN YOUNGBLOOD | Secretary | 0 | $0 |
| KIMBERLY ROSS-WATKINS | Director | 0 | $0 |
| SAM BRAND | Director | 0 | $0 |
| BURTON MARVIN CORNISH | Director | 0 | $0 |
| CIARA WEBB | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 5607 NARCISSUS AVE, BALTIMORE, MD 21215-3562
- In care of
- % CORIN ADAMS
- Mailing address (990-N for 2022)
- 2435 Brambleton Rd Apt C, Baltimore MD 21209
- Principal officer (990-N for 2022)
- Corin Adams, 2435 Brambleton Rd Apt C, Baltimore MD 21209
- Signed the 990
- Corin Adams, President
- Phone
- (917) 903-1410
- Website
- www.leaderbreeders.org
- Return prepared by
- KING KING & ASSOCIATES PA
Mission
TO IMPLEMENT CHANGE FOR INNER CITY YOUTH BY PROVIDING A SPACE FOR ACADEMIC ENRICHMENT, CAREER DEVELOPMENT, PHYSICAL ACTIVITY, AND GROWING COMMUNITY ENGAGEMENT.
Program accomplishments
- Offered a mentorship program, STREAM camp, basketball tournament, reading literacy program, gun violence prevention event, and after school programs.Expenses $290,574
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-2500928
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $88,316
- Income (IRS master file)
- $442,731
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $442,731 | $385,555 | $88,316 | IRS |
| 990-EZ | December 2024 | $147,185 | $144,709 | $13,457 | XML |
| 990-EZ | December 2023 | $54,113 | $49,028 | $10,981 | XML |
| 990-N for 2022 Officer: Corin Adams | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Corin Adams | December 31, 2021 | ≤ $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 85-2500928).
Questions about LEADER BREEDERS INC
- What is the EIN of LEADER BREEDERS INC?
- The employer identification number (EIN) of LEADER BREEDERS INC is 85-2500928.
- Is LEADER BREEDERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LEADER BREEDERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEADER BREEDERS 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 LEADER BREEDERS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEADER BREEDERS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LEADER BREEDERS INC?
- The 990-N for 2022 names Corin Adams.
- Who are the officers and directors of LEADER BREEDERS INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $71,000 (CORIN ADAMS, President & CEO).
- How much revenue does LEADER BREEDERS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $442,731, expenses of $385,555 and total assets of $88,316 at year end.
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