Latino Equity Advocacy & Policy Institute - the Leap Institute is a 501(c)(3) organization based in Huron, California, registered in 2018, with $1,966,677 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$2.0M
▲ 69.8% vs prior year
Environment median: $250K
Expenses (FY2023)
$2.3M
Net assets
-$52K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Latino Equity Advocacy & Policy Institute - the Leap Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Latino Equity Advocacy & Policy Institute - the Leap Institute: 0 mo reserves · -16% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Latino Equity Advocacy & Policy Institute - the Leap Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Latino Equity Advocacy & Policy Institute - the Leap Institute: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $267K (FY2020) to $2.0M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-16.1%
Spent more than it raised in the latest fiscal year.
Total assets
$521K
Total liabilities
$573K
Net assets
-$52K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,966,677▲69.8% | $2,283,223▲123% | -$52,143▼120% | $520,742▼42.7% | 990 |
| 2022 | $1,158,393▲71.0% | $1,024,220▲50.8% | $264,403▲103% | $908,198▲445% | 990 |
| 2021 | $677,600▲154% | $679,386▲261% | $130,230▲21.9% | $166,765▼91.7% | 990 |
| 2020 | $267,172 | $187,944 | $106,797 | $2,018,991 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Latino Equity Advocacy & Policy Institute - the Leap Institute totaling $159K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $50,000 |
| Sierra Health Foundation Center For Health Program Management | General support | 2024 | $49,000 |
| United States Energy Foundation | To promote education and analysis on the benefits of clean transportation. | 2022 | $20,000 |
| The Energy Foundation | To support education and outreach to build a clean energy future. | 2018 | $40,000 |
Explore more
Data for Latino Equity Advocacy & Policy Institute - the Leap Institute (EIN 82-3403967) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.