2018-02-01T00:17:47-06:00 2017-06-30 COHNREZNICK LLP 7501 WISCONSIN AVENUE 400E BETHESDA MD 208146583 990 2016-07-01 521552960 LEADERSHIP GREATER WASHINGTON % DOUGLAS DUNCAN LEAD 2024653200 1602 l street nw Suite 950 washington DC 20036 DOUGLAS DUNCAN TMP 2024653200 2018-02-15 true ANNE SCHRANTZ CPA P00230625 3016529100 209.3.217.20 27324320180325000000 2018-02-01 P 58944D4E020C95695A301D6068D9E247C3A1F80B 58944D4E020C95695A301D6068D9E247C3A1F80B 2016 2021-01-29 14:40:06Z douglas duncan 1602 L STREET NW SUITE 950 WASHINGTON DC 20036 1089858 false X www.lgwdc.org X 1983 DC to identify and connect diverse leaders and stimulate their collaborative efforts through dynamic educational programs that promote dialog, cooperation and involvement. 23 22 5 16400 0 305109 363838 462600 522420 1496 829 25147 41577 794352 928664 0 0 0 0 479796 550247 0 0 166711 310275 305246 790071 855493 4281 73171 863718 1042042 413101 517494 450617 524548 X THE CORPORATION'S MISSION IS TO DEVELOP A DIVERSE NETWORK OF LEADERS THROUGHOUT GREATER WASHINGTON WITH A BROAD UNDERSTANDING OF THE COMMUNITIES' NEEDS; TO ACT AS A CATALYST FOR CHANGE IN THE GREATER WASHINGTON AREA BY CONNECTING AND STRENGTHENING LEADERS COMMITTED TO BETTER SERVE THE COMMON GOOD; AND TO PURSUE ANY OTHER PURPOSE CONSISTENT WITH ITS TAX-EXEMPT STATUS. false false 449031 430117 LGWs Signature Program, also known as the Class Year, provides a unique connection to the community and a network of senior-level regional leaders through an intensive, hands-on and experiential study of the region. Upon successful completion of the Signature Program, these leaders become members of LGW Program. 15848 15181 Rising Leaders Program LGW's Rising Leaders Program delivers customized hands-on training to develop and enhance the personal leadership skills of managers, supervisors, and emerging leaders. 31696 30361 YOUTH LEADERSHIP GREATER WASHINGTON LGWs Youth Leadership Greater Washington program offers leadership development and community awareness for area high school sophomores and juniors, the regions next generation of leaders. 31696 30361 other progam 31696 30361 528271 true true false false false false false false true true false false false false true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true X 2 0 true 5 true true true false false false false true true false false false false X 23 22 true false false false true true false true true false false true true true true true true true false X DOUGLAS DUNCAN 2024653200 1602 L STREET NW SUITE 950 WASHINGTON DC 20036 X Joe Budzynski DIRECTOR 1.0 0.0 X 0 0 0 Mary Abbajay BOARD CHAIR 1.0 0.0 X X 0 0 0 STAN SPRACKER DIRECTOR 1.0 0.0 X 0 0 0 j chris babb Director 1.0 0.0 X 0 0 0 Sonia McCormick Director 1.0 0.0 X 0 0 0 JEFF RUBERY DIRECTOR 1.0 0.0 X 0 0 0 CRAIG STRENT Director 1.0 0.0 X 0 0 0 j FERNANDO BARRUETA DIRECTOR 1.0 0.0 X 0 0 0 ABBY P FENTON DIRECTOR 1.0 0.0 X 0 0 0 JOY J DORSEY SECRETARY 1.0 0.0 X X 0 0 0 CHUCK BEAN DIRECTOR 1.0 0.0 X 0 0 0 JOSEPH T GARDEMAL III DIRECTOR 1.0 0.0 X 0 0 0 DOUGLAS M DUNCAN president/ceo 40.0 0.0 X X 179800 0 5200 DOUG FRUEHLING DIRECTOR 1.0 0.0 X 0 0 0 DAVID GORODETSKI DIRECTOR 1.0 0.0 X 0 0 0 JODI E OVCA DIRECTOR 1.0 0.0 X 0 0 0 PHILIP G HAMPTON II DIRECTOR 1.0 0.0 X 0 0 0 ANDREA HARRISON DIRECTOR 1.0 0.0 X 0 0 0 MONTEZ ANDERsON DIRECTOR 1.0 0.0 X 0 0 0 robert mcnamara Director 1.0 0.0 X 0 0 0 nicole quiroga Director 1.0 0.0 X 0 0 0 stephanie shain Director 1.0 0.0 X 0 0 0 dana stebbins Director 1.0 0.0 X 0 0 0 debra kaplan employee 40.0 0.0 X 93956 0 24000 273756 0 29200 1 false true false 0 212824 151014 363838 TUITION 900099 502005 502005 ADVERTISING INCOME 541860 16400 16400 MISC INCOME 900099 4015 4015 522420 829 829 0 0 0 0 0 0 202771 161194 41577 41577 0 0 0 0 0 0 0 928664 506020 16400 42406 0 0 0 0 320209 186341 51545 82323 0 230038 133867 37030 59141 0 0 0 0 0 30957 30957 0 0 0 0 0 3304 256 3048 0 0 63138 36742 10164 16232 15763 8711 7052 0 0 0 0 5020 2921 808 1291 3881 2258 625 998 FOOD & FACILITIES 134428 131822 2606 MISC EXP 4450 4450 POSTAGE & DELIVERY 3076 2128 948 PRINTING & REPRODUCTION 13480 8002 5478 27749 15223 5800 6726 855493 528271 160511 166711 763150 939738 0 0 22500 6000 0 0 0 0 0 0 0 0 0 0 10739 30256 13098 9288 5851 3810 42269 43029 0 0 0 0 0 0 19209 19209 863718 1042042 59481 86066 0 0 353620 431428 0 0 0 0 0 0 0 0 0 0 0 0 413101 517494 X 373492 449715 25321 23029 51804 51804 450617 524548 863718 1042042 73171 760 X false true true false X 349252 347865 237965 338609 363838 1637529 0 0 349252 347865 237965 338609 363838 1637529 197750 1439779 1090 268 308 1496 829 3991 0 0 1641520 0.87710 0.96699 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52762 1068 53830 51804 51804 53804 2000 51804 51839 3250 1215 2500 53804 52179 -1500 1160 51839 1.00000 false false 13098 9288 3810 3810 0 0 X 1123868 760 33250 161194 195204 928664 928664 1049937 33250 161194 194444 855493 855493 FIN 48 Income Taxes - The Organization has applied for and received a determination letter from the Internal Revenue Service (IRS) to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code. However, the Organization is subject to unrelated business income tax from any activities not related to its exempt purposes. During the years ended June 30, 2017 and 2016, the Organization had $16,400 and $6,900, respectively, in unrelated business income from advertisements placed in the annual membership directory. Expenses related to advertisements exceeed revenue earned; therefore no unrelated business income tax is due. Accordingly, these financial statements do not reflect a provision for income taxes. The Organization is required to file and does file required returns with the IRS and other taxing authorities. The Organization has no other tax positions which must be considered for disclosure. The Organizations Return of Organization Exempt from Income Tax is subject to audit. The open years are June 30, 2013, 2014, and 2015. 990/schedule d/ part xi/line 2d and part xii/line 2d the amount of $161,194 is a direct expense related to special event fundraising and deducted on form 990, part viii, line 8b, in contrast to being included on the organizations statement of functional expenses within the audited financial statements. AWards dinner 111375 111375 85655 fall luncheon 11875 11875 24489 5 79521 79521 51050 202771 202771 161194 161194 41577 X X false false false false false false false false false DOUGLAS M DUNCAN president/ceo 179800 5200 185000 990/PART VI, SECTION A/LINE 6 THE CORPORATION MAY HAVE ANY NUMBER OF MEMBERS. THE CORPORATION'S MEMBERSHIP FOR ANY GIVEN YEAR SHALL CONSIST OF LEADERSHIP GREATER WASHINGTON PROGRAM YEAR GRADUATES WHO ARE DULY QUALIFIED AS MEMBERS BY PAYMENT OF THEIR ANNUAL LEADERSHIP GREATER WASHINGTON DUES ("MEMBERSHIP DUES"), OR THE WAIVER THEREOF, FOR THAT YEAR. MEMBERSHIP MAY BE GRANTED TO ANY OTHER PERSON UPON HIS/HER APPLICATION TO THE CORPORATION AND APPROVAL OF SUCH APPLICATION BY A MAJORITY OF THE CORPORATION'S BOARD AT MEETING THEREOF. 990/PART VI, SECTION A, LINE 7A THE MEMBERS SHALL HAVE (I) THE RIGHT TO ELECT DESIGNATED DIRECTORS, THE CHAIR OF THE BOARD, AND THE NOMINATING COMMITTEE IN THE MANNER PROVIDED IN THESE BYLAWS AND (II) SUCH OTHER POWERS AND RIGHTS AS ARE VESTED IN THEM BY LAW, BY THE CORPORATION'S ARTICLES OF INCORPORATION, OR AS THE BOARD MAY DESIGNATE. 990/PART VI, SECTION B/LINE 11 990 is prepared by External CPA firm, reviewed by the Company Accountant, CEO, Treasurer of the Board, and all members of the Finance Committee. Then filed with IRS. Then made available to entire Board of directors. 990/PART VI, SECTION B/LINE 20C IT IS THE POLICY OF LEADERSHIP GREATER WASHINGTON TO EXPECT THAT ITS STAFF AND VOLUNTEERS ACT IN THE BEST INTEREST OF THE WHOLE ORGANIZATION. THE NATURE OF THE ORGANIZATION, BY DEFINITION, REQUIRES THE HIGHEST-DEGREE OF INTEGRITY. IT IS THE POLICY OF LGW TO REQUIRE EACH OF ITS DIRECTORS, OFFICERS AND EMPLOYEES TO CONDUCT HIS OR HER OUTSIDE EMPLOYMENT AND PERSONAL BUSINESS, FINANCIAL, AND OTHER RELATIONSHIPs IN A MANNER THAT WILL AVOID ANY LIKELIHOOD OF A CONFLICT OR APPEARANCE OF A CONFLICT BETWEEN SUCH OUTSIDE EMPLOYMENT AND PERSONAL INTEREST AND THOSE OF LGW. THE CONFLICT OF INTEREST POLICY IS OUTLINED IN THE ORGANIZATION'S STAFF MANUAL. STAFF REVIEW THIS MANUAL WHEN THEY ARE FIRST HIRED AND SIGN AN ACKNOWLEDGMENT THAT THEY WILL COMPLY WITH ALL POLICIES. STAFF ARE THEN ASKED TO RE-REVIEW THE POLICIES AT THEIR DISCRETION AND BRING ANY CONCERNS TO THE CEO'S ATTENTION. 990/PART VI/SECTION B/LINE 15 THE BOARD OF DIRECTORS COMPILES A REGIONAL CEO COMPENSATION ANALYSIS OF SIMILAR NONPROFIT ORGANIZATIONS AND USES IT AS PART OF THE ANNUAL REVIEW PROCESS OF THE ORGANIZATION'S CEO. THE BOARD GOES INTO EXECUTIVE SESSION TO PERFORM THE CEO ANNUAL REVIEW AND APPROVES ANY CHANGES IN COMPENSATION. 990/PART VI/SECTION C/LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. reconciliation of net assets unrealized gain on investment $ 760. 990/part VI/section A/line 2 Our bankers are PNC, so I have a business relationship with Sonia McCormick. Also, Sage is our pro bono marketing firm, so I have a business relationship with David Gorodetski.