Quick charity verification for Leap (EIN: 208132313)
Verdict: Leap appears trustworthy
95/100Mission Score
$27.5MRevenue
$13.0MAssets
1Red Flags
5Strengths
Red Flags
Significant fluctuation in assets and revenue year-over-year, which could indicate reliance on large, infrequent grants or projects, potentially impacting long-term stability if not managed carefully.
Strengths
Consistent 0% officer compensation across all filings, indicating exceptional financial efficiency and dedication to mission.
Strong program spending ratio, estimated at 90%, demonstrating effective use of funds for its charitable purpose.
Substantial revenue growth, particularly from $9.2M in 202212 to $46.1M in 202312, indicating increasing support and capacity.
Healthy asset-to-liability ratio, with assets of $16.7M significantly exceeding liabilities of $11.7M in the latest filing.
Long filing history (13 filings) provides a comprehensive view of financial trends and consistent operational reporting.
Spending Breakdown
How Leap allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Leap
Is Leap a legitimate charity?
Based on AI analysis of IRS 990 filings, Leap (EIN: 208132313) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Leap a good charity to donate to?
Leap has a Mission Score of 95/100. Revenue: $27.5M. Assets: $13.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leap?
The Employer Identification Number (EIN) for Leap is 208132313. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Leap spend its money?
Leap allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leap's tax-exempt status?
You can verify Leap's tax-exempt status using EIN 208132313 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Leap demonstrates significant financial growth and a strong commitment to program spending, as evidenced by its latest filing (202312) showing revenues of $46,166,404 and expenses of $44,574,501. The organization consistently reports 0% officer compensation across all available filings, which is a notable indicator of transparency and a focus on directing funds towards its mission rather than executive salaries. This practice suggests a volunteer-led or externally compensated leadership structure, which is highly favorable for donor confidence.
The organization's assets have shown substantial fluctuation, peaking at $22,008,824 in 202212 before adjusting to $16,782,974 in 202312. While the liabilities have also increased, the overall financial health appears robust, with assets comfortably exceeding liabilities. The consistent reporting of no officer compensation across all filings is a strong positive for transparency and efficiency, indicating that the organization is not burdened by high executive salaries, which often concern donors. This financial discipline, coupled with significant revenue growth, positions Leap as a financially healthy and efficient nonprofit.