Leap Foundation Inc
Only null% goes to programs Thin reserves Growing revenue
Leap Foundation Inc is a 501(c)(3) organization based in Los Angeles, California, registered in 2010, with $887,158 in FY2024 revenue. CharityIndex grades it D.
2080 Century Park E Ste 1601, Los Angeles, CA, 90067 EIN 26-1809669 Since 2010
Revenue (FY2024)
$887K
▲ 40.2% vs prior year
Education median: $200K
Expenses (FY2024)
$854K
Net assets
-$620K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Leap Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +4% margin
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 Leap Foundation Inc: 0 mo reserves · +4% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Leap Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Leap Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2080 Century Park E Ste 1601, Los Angeles, CA, 90067
- City
- Los Angeles
- State
- California
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $601K (FY2013) to $887K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $668KNet assets -$620K
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$48K
Total liabilities
$668K
Net assets
-$620K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $887,158▲40.2% | $853,562▲39.2% | -$620,369▲5.1% | $48,045▲103% | 990 |
| 2023 | $632,896▼11.7% | $613,106▼11.9% | -$653,965▲2.9% | $23,662▼94.3% | 990 |
| 2022 | $717,070▲134% | $696,055▲74.5% | -$673,755▲3.0% | $417,796▲702% | 990 |
| 2021 | $306,824▼9.5% | $398,965▲4.0% | -$694,770▼15.3% | $52,105▼49.0% | 990 |
| 2020 | $339,041▼40.7% | $383,590▼48.7% | -$602,628▼8.0% | $102,167▲12.7% | 990 |
| 2019 | $571,734▼67.8% | $747,598▼37.4% | -$558,079▼46.0% | $90,682▲71.0% | 990 |
| 2018 | $1,776,711▲187% | $1,193,637▲12.5% | -$382,215▲60.4% | $53,043▲213% | 990 |
| 2017 | $618,623▼39.5% | $1,061,036▲9.7% | -$965,289▼84.6% | $16,960▼48.8% | 990 |
| 2016 | $1,022,719▲122% | $967,259▲10.7% | -$522,876▲9.6% | $33,108▲77.5% | 990 |
| 2015 | $459,774▼7.7% | $873,636▲15.3% | -$578,336▼252% | $18,656▼88.6% | 990 |
| 2014 | $498,068▼17.1% | $757,799▲3.1% | -$164,474▼273% | $163,165▲65.4% | 990 |
| 2013 | $600,800 | $734,900▲6.9% | $95,257▼58.5% | $98,666▼57.3% | 990 |
| 2012 | — | $687,375 | $229,357 | $231,024 | 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.
Grants received · $185K total
13 grants to Leap Foundation Inc totaling $185K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Leadership development | 2024 | $25,000 |
| American Endowment Foundation | Educational | 2024 | $10,000 |
| Jewish Community Fdn of the Jewish Federation Council of Greater La | General support | 2024 | $7,500 |
| National Christian Charitable Foundation | Growth | 2023 | $10,000 |
| National Christian Charitable Foundation | Growth | 2021 | $25,000 |
| American Endowment Foundation | Educational | 2021 | $10,000 |
| National Christian Charitable Foundation | Growth | 2020 | $25,000 |
| American Endowment Foundation | Programs | 2020 | $10,000 |
| National Christian Charitable Foundation | Growth | 2019 | $12,500 |
| Jewish Community Foundation of San Diego | General | 2019 | $5,000 |
| Donor Advised Charitable Giving | Education | 2018 | $20,000 |
| American Endowment Foundation | Programs | 2018 | $5,000 |
| American Endowment Foundation | Programs | 2016 | $20,000 |
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Frequently asked questions
- Is Leap Foundation Inc a legitimate nonprofit?
- Yes. Leap Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-1809669, based in Los Angeles, California. Donations are tax-deductible.
- What is Leap Foundation Inc's EIN?
- Leap Foundation Inc's Employer Identification Number (EIN) is 26-1809669.
- How much revenue does Leap Foundation Inc report?
- Leap Foundation Inc reported $887,158 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leap Foundation Inc have?
- CharityIndex grades Leap Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Leap Foundation Inc (EIN 26-1809669) 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.