Civic Intelligence

Ileap

990 • Fiscal year 2020 • EIN 20-1347313

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 31, 2021

PO Box 15308Seattle, WA 98115

(206) 588-5327

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.54x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

41st percentile

1.4%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$78,605

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

78th percentile

35%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-13%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$343,223

Up $89,608 (+35%) from 2019

Net Assets

Up

$10,204

Up $8,808 (+631%) from 2019

Liabilities

Up

$333,019

Up $80,800 (+32%) from 2019

Revenue

Down

$611,477

Down $94,335 (-13%) from 2019

Expenses

Up

$602,669

Up $155,267 (+35%) from 2019

Net Income

Down

$8,808

Down $249,602 (-97%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $19,478Liabilities 2010: $14,034Net Assets 2010: $5,4442010Assets 2011: $57,486Liabilities 2011: $17,366Net Assets 2011: $40,1202011Assets 2012: $97,353Liabilities 2012: $14,313Net Assets 2012: $83,0402012Assets 2013: $93,415Liabilities 2013: $60,365Net Assets 2013: $33,0502013Assets 2014: $76,996Liabilities 2014: $75,048Net Assets 2014: $1,9482014Assets 2015: $114,395Liabilities 2015: $102,484Net Assets 2015: $11,9112015Assets 2016: $358,386Liabilities 2016: $110,758Net Assets 2016: $247,6282016Assets 2017: $109,306Liabilities 2017: $171,629Net Assets 2017: -$62,3232017Assets 2018: -$2,371Liabilities 2018: $257,367Net Assets 2018: -$259,7382018Assets 2019: $253,615Liabilities 2019: $252,219Net Assets 2019: $1,3962019Assets 2020: $343,223Liabilities 2020: $333,019Net Assets 2020: $10,2042020Assets 2021: $390,725Liabilities 2021: $345,889Net Assets 2021: $44,8362021Assets 2022: $482,537Liabilities 2022: $555,649Net Assets 2022: -$73,1122022Assets 2023: $151,957Liabilities 2023: $520,361Net Assets 2023: -$368,4042023Assets 2024: $0Liabilities 2024: $525,034Net Assets 2024: -$525,0342024

Highlighted filing

2020

Assets$343,223
Liabilities$333,019
Net Assets$10,204

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $158,505Expenses 2010: $155,103Net Income 2010: $3,4022010Expenses 2011: $351,3392011Expenses 2012: $668,0652012Revenue 2013: $571,741Expenses 2013: $621,731Net Income 2013: -$49,9902013Revenue 2014: $488,365Expenses 2014: $519,467Net Income 2014: -$31,1022014Revenue 2015: $618,371Expenses 2015: $608,408Net Income 2015: $9,9632015Revenue 2016: $1,072,598Expenses 2016: $836,881Net Income 2016: $235,7172016Revenue 2017: $504,905Expenses 2017: $814,856Net Income 2017: -$309,9512017Revenue 2018: $416,553Expenses 2018: $613,968Net Income 2018: -$197,4152018Revenue 2019: $705,812Expenses 2019: $447,402Net Income 2019: $258,4102019Revenue 2020: $611,477Expenses 2020: $602,669Net Income 2020: $8,8082020Revenue 2021: $445,389Expenses 2021: $426,260Net Income 2021: $19,1292021Revenue 2022: $302,954Expenses 2022: $420,902Net Income 2022: -$117,9482022Revenue 2023: $349,552Expenses 2023: $369,543Net Income 2023: -$19,9912023Revenue 2024: $198,414Expenses 2024: $205,054Net Income 2024: -$6,6402024

Highlighted filing

2020

Revenue$611,477
Expenses$602,669
Net Income$8,808
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 31, 2021
Return Version
2020v4.0
Gross Receipts
$611,477
Mission and Program Overview

Mission

to nurture a new generation of globally-minded leaders with the inner and outer resources to pursue lives of purpose and to advance social good in the world.

to nurture a new generation of globally minded leaders with the inner and outer resources to pursue lives of purpose and to advance social good in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$209,000$340,530▲ $131,530
Loans From Officers Directors$68,604--
Rtn Earn Endowment Incm Other Fnds$1,396$10,204▲ $8,808
Savings and Temporary Cash Investments$10$2,313▲ $2,303
Cash and Non-Interest-Bearing Accounts$40,209$380▼ $39,829
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0--
Prepaid Expenses and Deferred Charges$0--
Total Assets$253,615$343,223▲ $89,608
Other Assets Total$4,396--
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$149,900▲ $149,900
Accounts Payable and Accrued Expenses$154,262$136,775▼ $17,487
Unsecured Notes Loans Payable$29,353$46,344▲ $16,991
Grants Payable$0--
Other Liabilities$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$252,219$333,019▲ $80,800
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,396$10,204▲ $8,808
Total Liabilities and Net Assets / Fund Balance$253,615$343,223▲ $89,608
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Britt YamamotoExecutive DirectorFT$78,605$78,605

Board Members and Trustees

NameTitle
Harold TaniguchiChair
JB HooverVice-Chair and Secretary
Francis JanesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$611,867
Program Service Revenue
$-390
Investment Income
$0
Other Revenue
$0
All Other Contributions
$562,309
Change in Net Assets
$8,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$336,185
Other Expenses$266,484
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$210,894$0$0$210,894
Current Officers, Directors, Trustees, and Key Employees$78,605$0$0$78,605
Office Expenses$55,398$18,466$0$73,864
Travel$51,599$0$0$51,599
Occupancy$25,807$9,632$0$35,439
Advertising$31,629$0$0$31,629
Information Technology$21,900$7,300$0$29,200
Payroll Taxes$27,746$0$0$27,746
Interest$0$22,018$0$22,018
Other Employee Benefits$18,940$0$0$18,940
Payments to Affiliates$17,407$0$0$17,407
Insurance$3,996$1,332$0$5,328
Total Functional Expenses$543,921$58,748$0$602,669
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$68,604--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990, VI, Section B, Line 11b: The Form 990 is made available to board members for review and comment prior to submission.

Form 990, Part VI, Section B, Line 12C

Form 990, Part VI, Section B, Line 12c: All board members have reviewed the Conflict of Interest policy. A signed and dated copy for each board member is on file.

Form 990, Part VI, Section B, Line 15

Form 990, Part VI, Section B, Line 15: Salaries are reviewed and approved by the Board, utilizing comparative data for reference. Due to organizational, financial hardship in 2019 and part of 2020, the Executive Director (Britt Yamamoto) volunteered to allow iLEAPto withhold salary/compensation until there is stronger cash flow.

Form 990, Part VI, Section C, Line 19

Form 990, Part VI, Section C, Line 19: All governing documents, Conflict of Interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Ileap
EIN
20-1347313
Phone
2065885327
Address
PO Box 15308, Seattle, WA 98115

Signing Officer

Name
Harold Taniguchi
Title
Chair
Phone
2069996581
Signed
2021-03-31

Organization Details

Principal Officer
Britt Yamamoto
Formed
2005
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
5
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

Due to the COVID-19 Pandemic, all in-person services/programs were moved to online delivery, from April 2020.

Raw XML AppendixShowing 400 of 533 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc0Cross-Cultural Learning
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IRS990/ProgSrvcAccomActy2Grp/Desc0Global Leadership Abroad encompasses all of our in-person programs, which were severed impacted by the COVID-19 pandemic. Due to the pandemic, we were forced to cancel all 2020 programming, starting in March 2020. In fact, we had to end a March program early due to the fast spread of the COVID-19 virus in Washington state. This was very unfortunate as we had a number of programs lined up for summer 2020, including a number of large enrollments in partnership with Western Washington University. Nevertheless, the in-person programs that we were able to do in Feb and March 2020 were very successful and continued to advance our mission. As of December 31, 2020, iLEAP has over 650 alumni in East Asia with a majority in Japan.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015066
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06115
IRS990/ProgSrvcAccomActy3Grp/Desc0Perennial is the evolution of iLEAP Global which consisted of the formally known, iLEAP International Fellowship. This was leadership development programming for community-based leaders working in Africa, Asia-Pacific, Latin America, and the Middle East. In 2020, Perennial served over 100 leaders through various programs that, as of April 2020, were also pushed online. In February 2020, Perennial held its in-person, two-week, Perennial Fellowship for 15 leaders from all over the world.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.53$0.53$0.20$0.21$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.52$0.37$0.35$0.37$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.56$0.07$0.30$0.42$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.39$0.35$0.04$0.45$0.43$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.33$0.01$0.61$0.60$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.00$0.71$0.45$0.26
2018Summary only. Only limited summary data is available for this year.$0.00$0.26$0.26$0.42$0.61$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.17$0.06$0.50$0.81$0.31
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.11$0.25$1.07$0.84$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.10$0.01$0.62$0.61$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$0.49$0.52$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.06$0.03$0.57$0.62$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.01$0.08$0.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.02$0.04$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.01$0.01$0.16$0.16$0.00