Civic Intelligence

Lakewood Economic Action Program Inc.

990 • Fiscal year 2018 • EIN 22-3075435

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 30, 2019

Organization ProfileWWW.LEAPINC.ORG

View Organization Page

170 Oberlin Avenue No 22Lakewood, NJ 08701

(732) 364-4333

Siviq Scores

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

Liabilities / Assets

87th percentile

0.73x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

0.10x

Higher debt load relative to revenue than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

35th percentile

-1.5%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

59th percentile

3.7%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-20%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$369,765

Up $13,136 (+3.7%) from 2017

Net Assets

Down

$99,969

Down $57,643 (-37%) from 2017

Liabilities

Up

$269,796

Up $70,779 (+36%) from 2017

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin35th percentile

Revenue

Down

$2,802,627

Down $694,895 (-20%) from 2017

Expenses

Down

$2,844,309

Down $672,202 (-19%) from 2017

Net Income

Down

-$41,682

Down $22,693 (-120%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$600K$400K$200K$0Assets 2010: $420,376Liabilities 2010: $206,885Net Assets 2010: $213,4912010Assets 2011: $377,904Liabilities 2011: $216,245Net Assets 2011: $161,6592011Assets 2012: $226,102Liabilities 2012: $114,261Net Assets 2012: $111,8412012Assets 2013: $145,913Liabilities 2013: $67,450Net Assets 2013: $78,4632013Assets 2014: $203,259Liabilities 2014: $133,112Net Assets 2014: $70,1472014Assets 2015: $180,459Liabilities 2015: $70,967Net Assets 2015: $109,4922015Assets 2016: $242,785Liabilities 2016: $66,184Net Assets 2016: $176,6012016Assets 2017: $356,629Liabilities 2017: $199,017Net Assets 2017: $157,6122017Assets 2018: $369,765Liabilities 2018: $269,796Net Assets 2018: $99,9692018Assets 2019: $449,659Liabilities 2019: $207,521Net Assets 2019: $242,1382019Assets 2020: $274,992Liabilities 2020: $110,496Net Assets 2020: $164,4962020Assets 2021: $238,877Liabilities 2021: $56,324Net Assets 2021: $182,5532021Assets 2022: $245,284Liabilities 2022: $54,847Net Assets 2022: $190,4372022Assets 2023: $203,485Liabilities 2023: $0Net Assets 2023: $203,4852023Assets 2024: $181,517Net Assets 2024: $181,5172024

Highlighted filing

2018

Assets$369,765
Liabilities$269,796
Net Assets$99,969
Open 2018 Filing

Operations Trend

Revenue Growth14th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $3,186,4512010Revenue 2011: $3,069,026Expenses 2011: $3,120,858Net Income 2011: -$51,8322011Expenses 2012: $3,082,1352012Revenue 2013: $3,022,522Expenses 2013: $3,055,900Net Income 2013: -$33,3782013Revenue 2014: $3,193,024Expenses 2014: $3,201,340Net Income 2014: -$8,3162014Revenue 2015: $3,363,397Expenses 2015: $3,324,052Net Income 2015: $39,3452015Revenue 2016: $3,479,294Expenses 2016: $3,412,185Net Income 2016: $67,1092016Revenue 2017: $3,497,522Expenses 2017: $3,516,511Net Income 2017: -$18,9892017Revenue 2018: $2,802,627Expenses 2018: $2,844,309Net Income 2018: -$41,6822018Revenue 2019: $2,996,817Expenses 2019: $2,854,648Net Income 2019: $142,1692019Revenue 2020: $3,059,185Expenses 2020: $3,136,827Net Income 2020: -$77,6422020Revenue 2021: $2,618,056Expenses 2021: $2,599,999Net Income 2021: $18,0572021Revenue 2022: $1,803,873Expenses 2022: $1,795,989Net Income 2022: $7,8842022Revenue 2023: $102,755Expenses 2023: $97,470Net Income 2023: $5,2852023Revenue 2024: $4Expenses 2024: $23,232Net Income 2024: -$23,2282024

Highlighted filing

2018

Revenue$2,802,627
Expenses$2,844,309
Net Income-$41,682
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$2,802,627
Mission and Program Overview

Mission

Provide comprehensive child development services to low-income families, including pregnant women and families with newborn babies and children up to 3 years old. These services are provided through the Head Start program.

The Lakewood Economic Action Program Inc. (LEAP) provides comprehensive child development services to low-income families. An Early Head Start grant enabled LEAP to expand the program to include pregnant women and families with newborn babies and children up to 3 years old.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$78,103$119,462▲ $41,359
Land, Buildings, and Equipment, Net$131,039$92,656▼ $38,383
Cash and Non-Interest-Bearing Accounts-$3,294-
Savings and Temporary Cash Investments$8,796$1,439▼ $7,357
Investments Other Securities-$263-
Total Assets$356,629$369,765▲ $13,136
Other Assets Total$138,691$152,651▲ $13,960
Liabilities
Accounts Payable and Accrued Expenses$105,935$269,796▲ $163,861
Other Liabilities$93,082$0▼ $93,082
Total Liabilities$199,017$269,796▲ $70,779
Net Assets / Fund Balance
Unrestricted Net Assets$157,612$99,969▼ $57,643
Total Net Assets Fund Balance$157,612$99,969▼ $57,643
Total Liabilities and Net Assets / Fund Balance$356,629$369,765▲ $13,136

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$980$352,730$353,710
Equipment$75,268$114,142$189,410
Buildings$16,408$89,236$105,644
Other Assets Org$12,047--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
MICHAEL J D'ELIAChairperson
Sam RabinowitzVice-chairperson
Margaret SaundersHead Start Director
Colleen M Dolcy EsqTrustee
Esther HalpernTrustee
Beth HudsonCFO
Vivian WhiteSecretary
Pam Hullen-mooreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,802,121
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$506
All Other Contributions
$50,634
Change in Net Assets
$-41,682

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table35$44,761Fair Market Value (FMV)
Other Non Cash Contri Table7$5,113Fair Market Value (FMV)
Other Non Cash Contri Table54$760Fair Market Value (FMV)
Total Noncash Contributions96$50,634-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,802,627
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$173,033
Total Revenue per Audited Statements
$2,975,660
Total Revenue per Form 990
$2,802,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,750,960
Other Expenses$1,093,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,244,100$71,889-$1,315,989
Occupancy$305,118$8,382-$313,500
Other Employee Benefits$234,422$5,299-$239,721
Payroll Taxes$185,192$10,058-$195,250
Fees for Services Management-$125,497-$125,497
Office Expenses$79,390$827-$80,217
Other Expenses$51,410$2,174-$53,584
Depreciation Depletion$38,383--$38,383
Travel$27,851$90-$27,941
All Other Expenses$21,750$148-$21,898
Fees for Services Other-$19,057-$19,057
Insurance$13,558--$13,558
Fees for Services Accounting-$3,949-$3,949
Total Functional Expenses$2,596,939$247,370$0$2,844,309

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,017,342
Expenses per Audited Statements$2,844,309
Total Expenses per Form 990$2,844,309
Expenses Not Reported on Form 990$173,033
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The Lakewood Economic Action Program (LEAP) has secured the services of Ocean Community Economic Action Now Inc. (OCEAN, Inc.), another 501(c)(3) organization, to manage the day to day operations. This includes planning and executing budgets, financial operations, and supervising exempt operations. LEAP's Head Start Director, Margaret Saunders, is compensated by OCEAN for her work with LEAP. In 2018, she received $43,065 in salary and $99 in benefits for her work associated with LEAP. LEAP's CFO, Beth Hudson, is compensated by OCEAN for her work with LEAP. In 2018, she received $12,906 in salary and $1,618 in benefits for her work associated with LEAP.”

Form 990, Part VI, Section A, line 8B

“The Executive Committee has the authority to act on behalf of the governing body. There were no meetings of the Executive Committee during the year, consequently there is no documentation of any such meetings.”

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

“The Form 990 is reviewed in three steps. It is first reviewed by CFO Beth Hudson, then the board officers, and finally the entire board.”

Form 990, Part VI, Section B, line 15

“LEAP does not directly compensate its top management official or CFO, therefore there is no process for determining their compensation. These individuals are compensated instead through OCEAN, the organization that provides LEAP with management services.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lakewood Economic Action Program Inc
EIN
22-3075435
Phone
7323644333
Address
170 OBERLIN AVENUE NO 22, LAKEWOOD, NJ 08701

Signing Officer

Name
MICHAEL J D'ELIA
Title
Chairperson
Phone
7323644333
Signed
2019-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MICHAEL J D'ELIA
Formed
1965
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
67
Volunteers
16

Preparer

Firm
Klatzkin & Company Llp
Address
1670 WHITEHORSE HAM SQ RD, HAMILTON, NJ 08690-3513
Preparer
Thomas Martin
Phone
6098909189
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C

“The organization selected a new independent accountant for the 2018 calendar year. However, the process for selecting the accountant and overseeing the audit did not change.”

Financial Statement Notes

Part X, Line 2:

“The Organization's federal exempt and unrelated business income returns are subject to examination by the IRS, generally for three years after they were filed. The Organization's state informational returns are subject to examination up to four years after they were filed. The statute of limitations does not apply to unfiled returns. The Organization believes that all required returns have been filed. The Organization has determined that there are no material uncertain tax positions that require disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 452 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0105935
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0269796
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Lakewood Economic Action Program Inc. (LEAP) provides comprehensive child development services to low-income families. An Early Head Start grant enabled LEAP to expand the program to include pregnant women and families with newborn babies and children up to 3 years old.
IRS990/AllOtherContributionsAmt050634
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0148
IRS990/AllOtherExpensesGrp/ProgramServicesAmt021750
IRS990/AllOtherExpensesGrp/TotalAmt021898
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum07323644333
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0170 OBERLIN AVENUE NO 22
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAKEWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008701
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt03294
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02802121
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01093349
IRS990/CYOtherRevenueAmt0506
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-41682
IRS990/CYSalariesCompEmpBnftPaidAmt01750960
IRS990/CYTotalExpensesAmt02844309
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02802627
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt038383
IRS990/DepreciationDepletionGrp/TotalAmt038383
IRS990/Desc0Head Start program/Early Head Start - The agency administered the Head Start program to 292 children.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt067
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02461033
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03949
IRS990/FeesForServicesAccountingGrp/TotalAmt03949
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0125497
IRS990/FeesForServicesManagementGrp/TotalAmt0125497
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt019057
IRS990/FeesForServicesOtherGrp/TotalAmt019057
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt617.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt77.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL J D'ELIA
IRS990/Form990PartVIISectionAGrp/PersonNm1SAM RABINOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm2PAM HULLEN-MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm3VIVIAN WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm4COLLEEN M DOLCY ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm5ESTHER HALPERN
IRS990/Form990PartVIISectionAGrp/PersonNm6MARGARET SAUNDERS
IRS990/Form990PartVIISectionAGrp/PersonNm7BETH HUDSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6HEAD START DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt02751487
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02802627
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt013558
IRS990/InsuranceGrp/TotalAmt013558
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0263
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0556108
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0131039
IRS990/LandBldgEquipBasisNetGrp/EOYAmt092656
IRS990/LandBldgEquipCostOrOtherBssAmt0648764
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Provide comprehensive child development services to low-income families, including pregnant women and families with newborn babies and children up to 3 years old. These services are provided through the Head Start program.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0157612
IRS990/NetAssetsOrFundBalancesEOYAmt099969
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt050634
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08382
IRS990/OccupancyGrp/ProgramServicesAmt0305118
IRS990/OccupancyGrp/TotalAmt0313500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0827
IRS990/OfficeExpensesGrp/ProgramServicesAmt079390
IRS990/OfficeExpensesGrp/TotalAmt080217
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0138691
IRS990/OtherAssetsTotalGrp/EOYAmt0152651
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05299
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0234422
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0239721
IRS990/OtherExpensesGrp/Desc0NUTRITION AND FOOD SERV
IRS990/OtherExpensesGrp/Desc1MATERIALS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc2OTHER CHILD SERVICES
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02174
IRS990/OtherExpensesGrp/ProgramServicesAmt0168586
IRS990/OtherExpensesGrp/ProgramServicesAmt1127029
IRS990/OtherExpensesGrp/ProgramServicesAmt2100150
IRS990/OtherExpensesGrp/ProgramServicesAmt351410
IRS990/OtherExpensesGrp/TotalAmt0168586
IRS990/OtherExpensesGrp/TotalAmt1127029
IRS990/OtherExpensesGrp/TotalAmt2100150
IRS990/OtherExpensesGrp/TotalAmt353584
IRS990/OtherLiabilitiesGrp/BOYAmt093082
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt0506
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0506
IRS990/OtherRevenueTotalAmt0506
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071889
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01244100
IRS990/OtherSalariesAndWagesGrp/TotalAmt01315989
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010058
IRS990/PayrollTaxesGrp/ProgramServicesAmt0185192
IRS990/PayrollTaxesGrp/TotalAmt0195250
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt078103
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0119462
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL J D'ELIA
IRS990/PriorPeriodAdjustmentsAmt0-15961
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Child & Adult Food Program - The agency provided meals for the Head Start enrollees.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0135906
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03497383
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-34
IRS990/PYOtherExpensesAmt01133468
IRS990/PYOtherRevenueAmt0173
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-18989
IRS990/PYSalariesCompEmpBnftPaidAmt02383043
IRS990/PYTotalExpensesAmt03516511
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03497522
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-41682
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08796
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02802121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03497383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03478233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03359279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03193012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016330028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0-38
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0119
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0506
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0173
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0955
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04074
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05713
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt016330028
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02802121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03497383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03478233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03359279
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03193012
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016330028
IRS990ScheduleA/TotalSupportAmt016335860
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt016408
IRS990ScheduleD/BuildingsGrp/DepreciationAmt089236
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0105644
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0173033
IRS990ScheduleD/DonatedServicesUseFcltsAmt0173033
IRS990ScheduleD/EquipmentGrp/BookValueAmt075268
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114142
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0189410
IRS990ScheduleD/ExpensesNotReportedAmt0173033
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02844309
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0140604
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt112047
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM GRANTEE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0980
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0352730
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0353710
IRS990ScheduleD/RevenueNotReportedAmt0173033
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02802627
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization's federal exempt and unrelated business income returns are subject to examination by the IRS, generally for three years after they were filed. The Organization's state informational returns are subject to examination up to four years after they were filed. The statute of limitations does not apply to unfiled returns. The Organization believes that all required returns have been filed. The Organization has determined that there are no material uncertain tax positions that require disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt092656
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0152651
IRS990ScheduleD/TotalExpensesPerForm990Amt02844309
IRS990ScheduleD/TotalRevenuePerForm990Amt02802627
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02975660
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03017342
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt035
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt17
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt254
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0MATERIALS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1OTHER
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2TRAVEL
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt044761
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt15113
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt2760
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0The number of contributions are reported on Schedule M for materials, travel, and other non-cash contributions.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Column (b):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Lakewood Economic Action Program (LEAP) has secured the services of Ocean Community Economic Action Now Inc. (OCEAN, Inc.), another 501(c)(3) organization, to manage the day to day operations. This includes planning and executing budgets, financial operations, and supervising exempt operations. LEAP's Head Start Director, Margaret Saunders, is compensated by OCEAN for her work with LEAP. In 2018, she received $43,065 in salary and $99 in benefits for her work associated with LEAP. LEAP's CFO, Beth Hudson, is compensated by OCEAN for her work with LEAP. In 2018, she received $12,906 in salary and $1,618 in benefits for her work associated with LEAP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Committee has the authority to act on behalf of the governing body. There were no meetings of the Executive Committee during the year, consequently there is no documentation of any such meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is reviewed in three steps. It is first reviewed by CFO Beth Hudson, then the board officers, and finally the entire board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LEAP does not directly compensate its top management official or CFO, therefore there is no process for determining their compensation. These individuals are compensated instead through OCEAN, the organization that provides LEAP with management services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization selected a new independent accountant for the 2018 calendar year. However, the process for selecting the accountant and overseeing the audit did not change.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, line 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0356629
IRS990/TotalAssetsEOYAmt0369765
IRS990/TotalAssetsGrp/BOYAmt0356629
IRS990/TotalAssetsGrp/EOYAmt0369765
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02802121
IRS990/TotalEmployeeCnt067
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0247370
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02596939
IRS990/TotalFunctionalExpensesGrp/TotalAmt02844309
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0199017
IRS990/TotalLiabilitiesEOYAmt0269796
IRS990/TotalLiabilitiesGrp/BOYAmt0199017
IRS990/TotalLiabilitiesGrp/EOYAmt0269796
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0157612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt099969
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02596939
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0506
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02802627
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0356629
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0369765

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$369,765
Liabilities
$269,796
Net assets
$99,969
Revenue
$2,802,627
Expenses
$2,844,309
Net income
-$41,682
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.00$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.10$0.10$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.05$0.19$1.80$1.80$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.06$0.18$2.62$2.60$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.11$0.16$3.06$3.14$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.21$0.24$3.00$2.85$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.27$0.10$2.80$2.84$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.20$0.16$3.50$3.52$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.07$0.18$3.48$3.41$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.07$0.11$3.36$3.32$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.13$0.07$3.19$3.20$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.07$0.08$3.02$3.06$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.11$0.11$3.08
2011Summary only. Only limited summary data is available for this year.$0.38$0.22$0.16$3.07$3.12$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.21$0.21$3.19