2022-11-11T09:52:54-06:00 2021-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2021-01-01 821780610 LEADERSHIP NOW PROJECT LEAD 2026596570 1401 K STREET NW 900 WASHINGTON DC 20005 DANIELLA BALLOU-AARES CEO 2026596570 2022-11-11 1 DANIELLA BALLOU-AARES 999009999 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DANIELLA BALLOU-AARES 1401 K STREET NW 900 WASHINGTON DC 20005 2363444 0 X WWW.LEADERSHIPNOWPROJECT.ORG X 2017 DC SEE PART III, LINE 1. 3 2 18 150 0 0 479566 1448214 950556 915230 0 0 0 0 1430122 2363444 0 0 0 0 890449 1210777 0 0 71494 474095 838951 1364544 2049728 65578 313716 547120 977589 182228 298981 364892 678608 X LEADERSHIP NOW PROJECT IS A NATIONAL MEMBERSHIP ORGANIZATION OF NEXT GENERATION BUSINESS LEADERS COMMITTED TO RENEWING OUR DEMOCRACY. WE ARE ENLISTING OUR COUNTRY'S BEST TALENT - THE INNOVATORS, INFLUENCERS, AND INVESTORS - AND LEVERAGING THEIR (CONTINUED ON SCHEDULE O) 0 0 1289888 640661 BUILDING SUPPORT FOR DEMOCRACY-STRENGTHENING PRINCIPLES AMONG THE BUSINESS COMMUNITY:WE USED OUR PLATFORM TO BOLSTER POSITIVE MESSAGING AND SUPPORT FOR LARGELY POPULAR AND BIPARTISAN DEMOCRACY STRENGTHENING ISSUES (E.G., VOTING RIGHTS, CAMPAIGN FINANCE REFORM, AND OBJECTIVE REDISTRICTING). WE ENCOURAGED BUSINESS LEADERS TO SUPPORT (OR, AT MINIMUM, NOT OPPOSE) THESE POLICIES, AND MOBILIZE KEY DONORS AND ALUMNI NETWORKS TO ADVOCATE FOR PRO-DEMOCRACY REFORM. WE USED LEADERSHIP NOW MEMBER AND ALUMNI NETWORKS, EARNED MEDIA AND SOCIAL MEDIA TO MAKE BUSINESS LEADERS ENGAGE WITH THE IMPORTANCE OF DEMOCRACY IN A FUNCTIONING FREE MARKET. (CONTINUED ON SCHEDULE O)LEADERSHIP NOW CONTINUES TO MOBILIZE BUSINESS ON ISSUES RELATED TO DEMOCRACY. LEADERSHIP NOW EARNED SIGNIFICANT CREDIBILITY AS ONE OF THE EARLIEST VOICES IN THE BUSINESS COMMUNITY TO SPEAK OUT AGAINST MISINFORMATION. LEADERSHIP NOW ALSO DEVELOPED PROGRAMMING AND EVENTS TO INFORM AND ENGAGE MEMBERS ON LEADING ISSUES OF DEMOCRACY. 368539 183046 VETTING INVESTMENT OPPORTUNITIES IN PRO-DEMOCRACY VENTURES FOR MEMBERS:AS A CORE MISSION, LEADERSHIP NOW EDUCATED AND ENGAGED EXECUTIVES AND EMPLOYEES ON THE NEED TO COUNTER RESTRICTIVE VOTING POLICIES, PARTISAN REDISTRICTING, AND OTHER THREATS TO DEMOCRACY AT THE FEDERAL AND STATE LEVEL.LEADERSHIP NOW CONDUCTED INDUSTRY-LEADING RESEARCH AND ANALYSIS ON CAMPAIGN FINANCE, ELECTIONS RISKS FOR BUSINESSES AND THE FREE MARKET, AND ISSUES OF DEMOCRACY AT THE STATE AND FEDERAL LEVEL. LEADERSHIP ALSO PROVIDES RECOMENDATIONS TO MEMBERS ON HIGH-IMPACT CAUSES AND INITIATIVES. 184270 91523 NEW LEADERS TO WATCH:LEADERSHIP NOW MEMBERS WORKED TOGETHER TO BUILD A NEW LEADERS TO WATCH CANDIDATE LIST FOR THE 2022 CYCLE. FOLLOWING A RIGOROUS PROCESS INVOLVING THE COLLECTION, SCORING, AND ANALYSIS OF OVER 100 CANDIDATE RECOMMENDATIONS, LEADERSHIP NOW MEMBERS INTERVIEWED DOZENS OF CANDIDATES FOR THE U.S. HOUSE AND SENATE BEFORE SETTLING ON A FINAL SLATE SET FOR ROLL-OUT IN EARLY 2022. 1842697 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 18 1 0 0 0 0 1 1 0 0 0 0 0 X 3 2 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 1 1 0 X DANIELLA BALLOU-AARES 2026596570 1401 K STREET NW 900 WASHINGTON DC 20005 DANIELLA BALLOU-AARES CEO & PRESIDENT 40.00 X X 254769 0 11941 KATHERINE COUSINS SECRETARY 0.50 X X 0 0 0 JEFF WALKER TREASURER 0.50 X X 0 0 0 MEGHANN CURTIS COO (UNTIL APRIL 2021) 40.00 X 24077 0 963 SURAJ PATEL COO (FROM MARCH 2021) 40.00 X 157758 0 4348 ZACHARY SMITH IMPACT MANAGER 40.00 X 121086 0 6025 SHILOH TILLEMANN-DICK POLITICAL DIRECTOR 40.00 X 105120 0 762 662810 0 24039 4 0 1 0 MCPHERSON STRATEGIES LLC 199 STATE STREET NEW YORK NY 11201 PR AND COMMUNICATIONS 125000 1 1448214 1448214 MEMBERSHIP DUES 900099 915230 915230 915230 2363444 915230 0 0 X 453855 393437 53757 6661 632389 620330 1725 10334 17624 11591 5869 164 21333 5907 15337 89 85576 66409 18056 1111 12953 12466 278 209 43014 33568 8884 562 603548 592151 8728 2669 99 15 84 358 279 74 5 30516 26921 3381 214 26024 20309 5375 340 18693 15513 2991 189 10685 7886 2740 59 3021 2358 624 39 DUES & SUBSCRIPTIONS 19863 9076 2098 8689 SVC. CHARGES/PROC. FEES 16157 15200 957 PAYROLL PROCESSING 4025 4025 FISCAL SPONSOR FEES 48567 9281 39286 1428 554 874 2049728 1842697 135537 71494 419112 930361 124689 18225 3319 29003 547120 977589 36087 172642 146141 126339 182228 298981 X 313960 231885 50932 446723 364892 678608 547120 977589 313716 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 197663 0 197663 0 197663 0 1 0 0 PART I-A, LINE 1: LEADERSHIP NOW MEMBERS WORKED TOGETHER TO BUILD A NEW LEADERS TO WATCH CANDIDATE LIST. FOLLOWING A RIGOROUS PROCESS INVOLVING THE COLLECTION, SCORING, AND ANALYSIS OF OVER 100 CANDIDATE RECOMMENDATIONS, LEADERSHIP NOW MEMBERS INTERVIEWED DOZENS OF CANDIDATES FOR THE U.S. HOUSE AND SENATE BEFORE SETTLING ON A FINAL SLATE. IN SELECTING OUR CANDIDATES, WE PRIORITIZED TALENT AND DIVERSITY. OUR CANDIDATES BRING STRONG ACADEMIC CREDENTIALS AND DEEP PROFESSIONAL EXPERIENCE FROM OUTSIDE OF POLITICS. THEY ARE SCIENTISTS, BUSINESS EXECUTIVES, MEDICAL DOCTORS, ENGINEERS, MILITARY LEADERS, AND NATIONAL SECURITY EXPERTS. REPRESENTING COMMUNITIES ACROSS THE COUNTRY, BOTH URBAN AND RURAL, OUR CANDIDATES ARE FORTY PERCENT RACIALLY OR ETHNICALLY DIVERSE AND MORE THAN HALF ARE WOMEN. X X 0 0 0 0 0 0 0 0 0 DANIELLA BALLOU-AARES CEO & PRESIDENT 254769 0 0 0 0 0 10191 0 1750 0 266710 0 0 0 SURAJ PATEL COO (FROM MARCH 2021) 157758 0 0 0 0 0 4221 0 127 0 162106 0 0 0 FORM 990, PART III, LINE 1 CONTINUED: EXPERTISE, NETWORKS, AND RESOURCES TO ADVANCE THE CAUSE. LEADERSHIP NOW PROJECT TRANSCENDS PARTY LINES WITH FOUR UNIVERSAL PRINCIPLES: (1) WE MUST PROTECT OUR DEMOCRACY WHILE RENEWING IT. (2) FACTS AND SCIENCE MATTER. (3) OUR ECONOMY MUST WORK FOR ALL. (4) DIVERSITY IS AN ASSET. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS TWO CLASSES OF MEMBERSHIP: LEADERSHIP MEMBERS AND MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B LEADERSHIP MEMBERS HAVE THE RIGHT TO VOTE ON ANY TYPE OF FUNDAMENTAL TRANSACTION OF THE CORPORATION, INCLUDING AN AMENDMENT OF THE ARTICLES OF INCORPORATION OR THESE BYLAWS, A MERGER, A MEMBERSHIP EXCHANGE, A SALE OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS, DOMESTICATION, CONVERSION, OR DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B LEADERSHIP NOW DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE CEO. A COPY OF THE 990 WAS SHARED WITH THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF ANY CONFLICT OF INTEREST AND ANY DISCUSSION WITH THE INTEREST PERSON, HE/SHE LEAVES THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THE GOVERNING BOARD OR COMMITTEE DETERMINES BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A DIRECTOR, PRINCIPAL OFFICER OR MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS SUCH PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE AND FURTHER INVESTIGATION, THE GOVERNING BOARD OR COMMITTEE DETERMINES SUCH PERSON HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO AND COO INCLUDE A REVIEW AND APPROVAL BY THE BOARD AND ADVISORY BOARD. BENCHMARKING INFORMATION AND COMPENSATION FROM SIMILAR ORGANIZATIONS ARE USED IN THE REVIEWS. THE LAST COMPENSATION REVIEW TOOK PLACE IN SUMMER 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 338,088. MANAGEMENT AND GENERAL EXPENSES 5,186. FUNDRAISING EXPENSES 2,640. TOTAL EXPENSES 345,914. CONSULTANTS: PROGRAM SERVICE EXPENSES 254,063. MANAGEMENT AND GENERAL EXPENSES 3,542. FUNDRAISING EXPENSES 29. TOTAL EXPENSES 257,634.