Quick charity verification for Leap (EIN: 222301862)
Verdict: Leap appears trustworthy
85/100Mission Score
$7.0MRevenue
$5.1MAssets
2Red Flags
5Strengths
Red Flags
Specific executive compensation figures are not provided, making it difficult to assess individual pay levels.
Detailed program expense breakdowns are not available, limiting granular analysis of program effectiveness.
Strengths
Consistently high percentage of spending on programs (e.g., 89% in 2023) demonstrates a strong commitment to its mission.
Healthy asset-to-liability ratio (e.g., $5,137,819 assets vs. $640,663 liabilities in 2023) indicates strong financial stability.
Consistent revenue generation over several years, with total revenue of $7,027,472 in 2023, shows a stable funding base.
Low administrative and fundraising costs (e.g., 6% admin, 5% fundraising in 2023) maximize resources for direct services.
No reported compensation from related parties, indicating good governance practices.
AI Transparency Report
Leap is a human services nonprofit based in Farmington, Maine, with reported revenue of $7.0M and assets of $5.1M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 89% of spending goes to programs, 6% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries; however, the overall administrative expenses are low, suggesting reasonable compensation practices. Revenue has grown +22% across 12 filing periods.