Overview

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Est.

2008

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE LEAP FOUNDATION INC is a California-based nonprofit organization focused on education and leadership development. Its mission is to empower young adults by providing leadership conferences that teach essential skills such as career planning and personal finance management, fostering self-confidence and motivation for personal and professional success. With an operating budget of $853.6K and total revenue of $887.2K for the 2024 filing year, LEAP relies on significant support from top funders including NATL CHRISTIAN CHARITABLE FDN INC, AMERICAN ENDOWMENT FOUNDATION, and DONOR ADVISED CHARITABLE GIVING INC, none of which provide over 50% of its revenue. More information can be found on their website at www.leapfoundationusa.org.

Mission Statement

THE LEAP FOUNDATION, INC. ("LEAP") IS A CALIFORNIA NOT-FOR-PROFIT THAT ORGANIZES LEADERSHIP CONFERENCES DESIGNED TO TEACH YOUNG ADULTS THE SKILLS NECESSARY TO GET A SEVEN YEAR JUMP-START ON LIFE. LEAP'S LEADERSHIP PROGRAMS AIM TO TEACH YOUNG ADULTS IMPORTANT SKILLS LIKE HOW TO ASSUME LEADERSHIP ROLES, PLAN A CAREER PATH, MANAGE PERSONAL FINANCES, AMONG OTHERS, WITH THE PRIMARY GOAL TO MOTIVATE THEM AND INSTILL IN THEM THE SELF CONFIDENCE NECESSARY TO EXCEL IN BOTH THEIR PERSONAL AND PROFESSIONAL LIVES.
Revenues
$887.2K
Expenses
$853.6K
Net Income:
+$33.6K
Assets
$48K
Liabilities
$668.4K
Net Assets:
-$620.4K
Operating Budget
$853.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$10K
Largest grant received
$50K
J
James McCaslin Eff 22924
Board Member
C
Charlie Gallagher Resigned 22824
Board Member
G
Gary Dorfman
Board Member

Frequently Asked Questions

What is THE LEAP FOUNDATION INC’s budget?
In 2024, THE LEAP FOUNDATION INC reported an annual operating budget of around $854 thousand. More detailed financial information is available to registered users.
What causes does THE LEAP FOUNDATION INC support?
THE LEAP FOUNDATION INC supports work in Foundations and Education.
Where does THE LEAP FOUNDATION INC operate?
THE LEAP FOUNDATION INC is headquartered in Los Angeles, CA.
Who funded THE LEAP FOUNDATION INC recently?
In 2024, THE LEAP FOUNDATION INC received grants from WINDSONG TRUST, NATL CHRISTIAN CHARITABLE FDN INC, and FUERST FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE LEAP FOUNDATION INC received in 2024?
The largest grant to THE LEAP FOUNDATION INC in 2024 exceeds $50 thousand.