Public Charity

LEE INITIATIVE INC

LEE INITIATIVE INC is a Public Charity headquartered in LOUISVILLE, KY. Financial data from the 2024 filing: $2.3M revenue, $3.0M expenses, $261K total assets. 51 publicly reported grants to this organization, totaling roughly $2.3M, appear in IRS filings.

EIN: 823884798 LOUISVILLE, KY Employment Preparation & Procurement NTEE: J20 Latest filing: 2024
Total Revenue$2.3M
Total Expenses$3.0M
Total Assets$261K
Grant Records51
Funding Total$2.3M
Filing Years2020–2024

Mission

ADMINISTER PROGRAMS THAT PROVIDE CONTINUING EDUCATION, JOB TRAINING, MENTORSHIP, LEADERSHIP OPPORTUNITIES AND RESOURCES TO INDEPENDENT RESTAURANT OPERATORS AND EMPLOYEES. PROVIDE DIRECT RELIEF AND RESOURCES TO OUR COMMUNITY.

Where $100 goes at Lee Initiative Inc

How Lee Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$6 Management running the organization
$7 Fundraising raising the next dollar

Inside the $87 for programs

$43
M
50% of program spending
$26
A program that provides grants to independent restaurants preserving and advancing the legacy of black food in america
30% of program spending
$9
A program for women culinary and spirits professionals that focuses on leadership development, mentorship and education opportunties for program participants
About 10% (cost not reported)

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRRESIDENT Ben Johnson
TREASURER Ben Robinson
CREATIVE DIR Edward Lee
VICE PRESIDE Karen Keith
MANAGING DIR Lindsey Ofacek
SECRATARY Shauntrice Martin

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$787,067 8 grants
Health & Medicine
$510,000 4 grants
General Support
$507,654 23 grants
Public Safety & Disaster Relief
$249,277 4 grants
Civil Rights & Social Justice
$115,102 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.3M $3.0M $261K
2023 $1.4M $2.0M $1.2M
2022 $2.7M $2.7M $1.5M
2021 $4.0M $3.2M $1.7M
2020 $6.1M $5.4M $1.6M

Between 2020 and 2024, reported annual revenue declined from $6.1M to $2.3M (-62%), with total assets most recently reported at $261K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LEE INITIATIVE INC

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