Better Business Bureau Report for
International Leadership Network

Better Business Bureau Report issued June 2007
Better Business Bureau Report expires June 2009


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: International Leadership Network
Address: 1750 South Brentwood Blvd, Suite 404
  St. Louis , MO 63144
Phone: 314-961-5978
314-961-8716
Web Address: www.ilnleadnet.com
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Better Business Bureau Comments

Year, State Incorporated: 1990, Missouri
Affiliates: None
Stated Purpose: exists to develop and implement programs that empower youth to suceed.

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Evaluation Conclusions

              

International Leadership Network (ILN) does not meet the following 9 Standards for Charity Accountability.

Standard 1: Oversight of Operations and Staff - Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

The organization does not have a CEO performance review policy nor does it have a conflict of interest policy. 

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

The organization holds face-to-face meetings of the full governing body in May and October. 

Standard 6: Board Policy on Effectiveness - Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

The organization does not have a board policy of assessing organizational performance and effectiveness. 

Standard 7: Board Approval of Written Report on Effectiveness - Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

The organization does not have a board policy of assessing organizational performance and effectiveness. 

Standard 9: Fund Raising Expense Ratio - Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.

The organization claims no fundraising expenses but solicits via direct mail, applies for grant funding, and holds special event fundraisers.  The organization informed the BBB that its total fundraising expenses were less than $100 and this information will be included in the financial statements next fiscal year. 

Standard 11: Financial Statements - Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $250,000, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $250,000, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $100,000, an internally produced, complete financial statement is sufficient to meet this standard.

The organization's internally produced financial statements do not include a balance sheet. 

Standard 13: Accuracy of Expenses in Financial Statements - Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fund raising expenses or otherwise understate the amount a charity spends on fund raising, and/or overstate the amount it spends on programs will not meet this standard.

The organization claims no fundraising expenses but solicits via direct mail, applies for grant funding, and holds special event fundraisers.  The organization informed the BBB that its total fundraising expenses were less than $100 and this information will be included in the financial statements next fiscal year. 

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

The organization does not produce an annual report. 

Standard 18: Privacy for Written Appeals & Internet Privacy - Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

The organization does not have an online privacy policy.

International Leadership Network (ILN) meets the remaining 11 Standards for Charity Accountability.
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Programs

              

National, Regional, and Local Young Achievers Program. Leadership Education and "Dare to Lead" Program. Leadership Education Achievement Partnership. Real Career Options. Small Business Institute.

For the fiscal year ended December 31, 2005, ILN's program expenses were:

  
Young Achievers 41,844
Leadership Education Achievement Partnership 15,699
Small Business Institute 5,402
Real Career Options 3,596
Leadership Education and Dare to Lead 3,421
Total Program Expenses: $69,962
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Governance

              

Chief Executive : Thomas Eichhorst , Executive Director
Compensation*:
$30,000

Chair of the Board: Lisle Ramsey
Chair's Profession / Business Affiliation: Management Consultant, Entrepeneur

Board Size: 10

Paid Staff Size: 1

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, grant proposals
Fund raising costs were % of related contributions. (Related contributions, which totaled $80,679, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on ILN's IRS Form 990 for the fiscal year ended December 31, 2005.

Source of Funds  
Direct public support 80,679
Dividends and interest from securities 3,938
Membership dues and assessments 3,225
Program service revenue 1,438
Other revenue 753
Total Income $90,033


chart



Uses of Funds as a % of Total Expenses

Programs: 82%    Administrative: 18% 

Total income   $90,033
  Program expenses $69,962
  Fund raising expenses
  Administrative expenses 15,149
 
Total expenses   $85,111
Income in Excess of Expenses   4,922
Beginning net assets   122,945
Ending net assets   125,416
Total liabilities  
Total assets   $125,416


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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