Leadership Education And Athletics In Partnership Inc
LEAP Inc: Strong Program Spending, but Transparency Lacking on Executive Compensation
EIN: 222906547 · New Haven, CT · NTEE: B80 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $5.5M |
| Program Spending | 88% |
| Net Assets | $4.9M |
| Transparency Score | 85/100 |
Is Leadership Education And Athletics In Partnership Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leadership Education And Athletics In Partnership Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leadership Education And Athletics In Partnership Inc
Leadership Education And Athletics In Partnership Inc (EIN: 222906547) is a nonprofit organization based in New Haven, CT, classified under NTEE code B80. The organization reported total revenue of $7.8M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leadership Education And Athletics In Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leadership Education And Athletics In Partnership Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$773K |
| Total Assets | $5.1M |
| Total Liabilities | $229K |
| Net Assets | $4.9M |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Leadership Education And Athletics In Partnership Inc reported a surplus of $773K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Leadership Education And Athletics In Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.2% | +24.4% | +19.1% |
| 2022 | +15.2% | +53.6% | +3.5% |
| 2021 | +13.0% | +29.3% | +33.3% |
| 2020 | +58.4% | -2.2% | +66.7% |
| 2019 | -0.7% | +21.5% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Leadership Education And Athletics In Partnership Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 88%
- fundraising: 7%
According to IRS 990 filings, Leadership Education And Athletics In Partnership Inc allocates its expenses as follows: admin: 5%, programs: 88%, fundraising: 7%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $773K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
Executive compensation for LEAP Inc. is not explicitly detailed in the provided data, making a specific assessment of its reasonableness difficult without further financial disclosures.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Leadership Education And Athletics In Partnership Inc's IRS 990 filings:
- Lack of readily available detailed executive compensation figures.
- Limited transparency regarding specific program outcomes and impact metrics on their public platforms.
Strengths
The following positive indicators were identified for Leadership Education And Athletics In Partnership Inc:
- Consistently high percentage of expenses allocated to programs (e.g., 88% in 2023).
- Demonstrates consistent revenue growth over the past several years.
- Healthy asset base relative to liabilities.
Frequently Asked Questions about Leadership Education And Athletics In Partnership Inc
Is Leadership Education And Athletics In Partnership Inc a legitimate charity?
Leadership Education And Athletics In Partnership Inc (EIN: 222906547) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Leadership Education And Athletics In Partnership Inc spend its money?
Leadership Education And Athletics In Partnership Inc directs 88% of its spending to programs and services. Fundraising costs 7%. This exceeds the 65% industry benchmark.
Are donations to Leadership Education And Athletics In Partnership Inc tax-deductible?
Leadership Education And Athletics In Partnership Inc is registered as a tax-exempt nonprofit (EIN: 222906547). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Leadership Education And Athletics In Partnership Inc's spending goes to programs?
Leadership Education And Athletics In Partnership Inc directs 88% to programs, 7% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Leadership Education And Athletics In Partnership Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Leadership Education And Athletics In Partnership Inc is above average for NTEE category B80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Leadership Education And Athletics In Partnership Inc located?
Leadership Education And Athletics In Partnership Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 222906547. It is classified under NTEE code B80.
How many years of IRS 990 filings does Leadership Education And Athletics In Partnership Inc have?
Leadership Education And Athletics In Partnership Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.8M in total revenue.
What does Leadership Education And Athletics In Partnership Inc do?
Leadership Education And Athletics In Partnership Inc is a nonprofit organization in the Education sector, located in New Haven, Connecticut. It is classified under NTEE code B80.
How much revenue does Leadership Education And Athletics In Partnership Inc have?
Leadership Education And Athletics In Partnership Inc reported total revenue of $7,820,693. Based on 13 IRS 990 filings on record.
What are Leadership Education And Athletics In Partnership Inc's total assets?
Leadership Education And Athletics In Partnership Inc holds total assets of $7,105,299 as reported in IRS 990 filings.
Where is Leadership Education And Athletics In Partnership Inc located?
Leadership Education And Athletics In Partnership Inc is based in New Haven, Connecticut.
What is Leadership Education And Athletics In Partnership Inc's EIN?
Leadership Education And Athletics In Partnership Inc's Employer Identification Number (EIN) is 222906547. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Leadership Education And Athletics In Partnership Inc?
Leadership Education And Athletics In Partnership Inc is classified under NTEE code B80 (Education).
Is Leadership Education And Athletics In Partnership Inc a registered 501(c)(3)?
Yes, Leadership Education And Athletics In Partnership Inc is recognized as a tax-exempt organization by the IRS. EIN: 222906547.
Does Leadership Education And Athletics In Partnership Inc file IRS Form 990?
Yes, Leadership Education And Athletics In Partnership Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Leadership Education And Athletics In Partnership Inc's revenue in 2023?
In the 202308 filing period, Leadership Education And Athletics In Partnership Inc reported total revenue of $6,242,862, total expenses of $5,469,389, and net assets of $5,115,614.
Is Leadership Education And Athletics In Partnership Inc's revenue growing or declining?
Leadership Education And Athletics In Partnership Inc's revenue is growing. Revenue went from $4,453,715 (202208) to $6,242,862 (202308), a +40.2% change. Based on 13 filings on record.
What is Leadership Education And Athletics In Partnership Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Leadership Education And Athletics In Partnership Inc covers tax period 202308. It shows revenue of $6,242,862, expenses of $5,469,389, total assets of $5,115,614, and liabilities of $229,169.
How much does Leadership Education And Athletics In Partnership Inc spend on programs vs administration?
Based on IRS 990 analysis, Leadership Education And Athletics In Partnership Inc allocates approximately 88% of expenses to program services, 5% to administrative costs, and 7% to fundraising. This indicates strong program focus.
Is Leadership Education And Athletics In Partnership Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Leadership Education And Athletics In Partnership Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Leadership Education And Athletics In Partnership Inc?
The following concerns were identified: Lack of readily available detailed executive compensation figures.. Limited transparency regarding specific program outcomes and impact metrics on their public platforms.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Leadership Education And Athletics In Partnership Inc's strengths?
Positive indicators for Leadership Education And Athletics In Partnership Inc include: Consistently high percentage of expenses allocated to programs (e.g., 88% in 2023).. Demonstrates consistent revenue growth over the past several years.. Healthy asset base relative to liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Leadership Education And Athletics In Partnership Inc compensate executives?
Executive compensation for LEAP Inc. is not explicitly detailed in the provided data, making a specific assessment of its reasonableness difficult without further financial disclosures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does LEAP Inc. ensure its administrative and fundraising costs remain low despite significant revenue growth?
LEAP Inc. has consistently maintained a low percentage of administrative and fundraising expenses, with administrative costs at 5% and fundraising at 7% in 2023. This suggests efficient operational management and effective fundraising strategies that minimize overhead, allowing a greater proportion of funds to directly support programs.
What specific programs are supported by the substantial program spending, and what are their measurable impacts?
While the data indicates a high percentage of spending on programs (88% in 2023, or $5,469,389 out of $6,242,862 total expenses), the specific programs and their measurable impacts are not detailed in the provided financial data. Further investigation into their annual reports or program evaluations would be necessary to understand the direct outcomes of this spending.
Filing History
IRS 990 filing history for Leadership Education And Athletics In Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Leadership Education And Athletics In Partnership Inc's revenue has grown by 261%, moving from $1.7M to $6.2M. Total assets increased by 164.5% over the same period, from $1.9M to $5.1M. Total functional expenses rose by 215.3%, from $1.7M to $5.5M. In its most recent filing year (2023), Leadership Education And Athletics In Partnership Inc reported a surplus of $773K, with revenue exceeding expenses. The organization holds $229K in liabilities against $5.1M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $5.5M | $5.1M | $229K | — | View 990 |
| 2022 | $4.5M | $4.4M | $4.3M | $188K | — | View 990 |
| 2021 | $3.9M | $2.9M | $4.2M | $71K | — | View 990 |
| 2020 | $3.4M | $2.2M | $3.1M | $65K | — | — |
| 2019 | $2.2M | $2.3M | $1.9M | $42K | — | View 990 |
| 2018 | $2.2M | $1.9M | $2.0M | $23K | — | View 990 |
| 2017 | $1.8M | $2.3M | $1.7M | $105K | — | View 990 |
| 2016 | $2.6M | $2.1M | $2.1M | $31K | — | View 990 |
| 2015 | $2.0M | $2.1M | $1.6M | $38K | — | View 990 |
| 2014 | $1.7M | $1.9M | $1.7M | $65K | — | View 990 |
| 2013 | $1.7M | $1.7M | $1.9M | $62K | — | View 990 |
| 2012 | $1.8M | $1.8M | $2.0M | $67K | — | View 990 |
| 2011 | $1.7M | $1.7M | $1.9M | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $5.5M, and assets of $5.1M (revenue +40.2% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.4M, and assets of $4.3M (revenue +15.2% year-over-year).
- 2021: Revenue of $3.9M, expenses of $2.9M, and assets of $4.2M (revenue +13.0% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.2M, and assets of $3.1M (revenue +58.4% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.3M, and assets of $1.9M (revenue -0.7% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.9M, and assets of $2.0M (revenue +18.5% year-over-year).
- 2017: Revenue of $1.8M, expenses of $2.3M, and assets of $1.7M (revenue -30.5% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.1M, and assets of $2.1M (revenue +34.7% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $1.6M (revenue +16.4% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.9M, and assets of $1.7M (revenue +1.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $1.9M (revenue -6.9% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $2.0M (revenue +3.5% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leadership Education And Athletics In Partnership Inc:
Data Sources and Methodology
This transparency report for Leadership Education And Athletics In Partnership Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.