Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.82x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
42nd percentile
Higher net margin than 42% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
67th percentile
Faster revenue growth than 67% of similar nonprofits.
Balance Sheet
Assets
Up$31,536
Up $26,032 (+473%) from 2012
Net Assets
Up$5,536
Up $32 (+0.6%) from 2012
Liabilities
$26,000
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$141,604
Up $18,403 (+15%) from 2012
Expenses
Up$141,572
Up $3,262 (+2.4%) from 2012
Net Income
Up$32
Up $15,141 (+100%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Jun 9, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $141,604
Mission and Program Overview
Mission
To spur economic development and retain intellectual capital in the tri-county area. Such activities are limited to exempt purposes set forth in internal revenue code section 501(c)(3). The primary purpose is to receive and administer funds for charitable purposes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO ENHANCE ECONOMIC DEVELOPMENT THROUGH THE RECEIPT AND ADMINISTRATION OF CHARITABLE FUNDS. | $120,000 | $141,572 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEVE ALEXANDER | Past Preside | - | $0 | - | - |
| JACK DAVIS | President | - | $0 | - | - |
| DENNIS SWAN | Vice Preside | - | $0 | - | - |
| STEVE ROZNOWSKI | Treasurer | - | $0 | - | - |
| PAT MCPHARLIN | Secretary | - | $0 | - | - |
| JEFF WESLEY | Board Member | - | $0 | - | - |
| STEVE CURRAN | Board Member | - | $0 | - | - |
| ROBERT TREZISE JR | CEO | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 26-0206557
Signing Officer
- Name
- Robert L Trezise Jr
- Title
- President & CEO
- Signed
- 2014-06-09
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Julie M Pfeifle
- Phone
- 5177060800
Supplemental Narrative
Additional Explanations
Form 990-ez
“All lines left blank are not applicable to the organization”
Form 990-ez, Part I, Line 10
“Leap, inc. Economic development 1000 s. Washington ave., ste. 201 lansing, mi 48910 120,000 0 0”
Form 990-ez, Part I, Line 16
“Expenses other grant related exp 21,567 business registration fee 5 total 21,572”
Form 990-ez, Part II, Line 24
“Receivable from affiliate 0 9,000 total 0 9,000”
Form 990-ez, Part II, Line 26
“Deferred revenue 0 17,000 unsecured notes and loans payable 0 9,000”
Form 990-ez, Part III
“To spur economic development and retain intellectual capital in the tri-county area. Such activities are limited to exempt purposes set forth in internal revenue code section 501(c)(3). The primary purpose is to receive and administer funds for charitable purposes.”
Raw XML Appendix164 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | STEVE ALEXANDER |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | JACK DAVIS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | DENNIS SWAN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | STEVE ROZNOWSKI |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | PAT MCPHARLIN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 5 | JEFF WESLEY |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 6 | STEVE CURRAN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 7 | ROBERT TREZISE JR |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MARCHELLE SMITH |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5177023387 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 1000 S WASHINGTON AVE STE 201 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | LANSING |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 48910 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5504 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 22536 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 141600 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 32 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5504 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 31536 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 120000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 141604 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 4 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 5504 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5536 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 5504 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 5536 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEVE ALEXANDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JACK DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DENNIS SWAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | STEVE ROZNOWSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PAT MCPHARLIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JEFF WESLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | STEVE CURRAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | ROBERT TREZISE JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PAST PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | CEO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 9000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 21572 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SPUR ECONOMIC DEVELOPMENT AND RETAIN INTELLECTUAL CAPITAL IN THE TRI-COUNTY AREA. SUCH ACTIVITIES ARE LIMITED TO EXEMPT PURPOSES SET FORTH IN INTERNAL REVENUE CODE SECTION 501(C)(3). THE PRIMARY PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO ENHANCE ECONOMIC DEVELOPMENT THROUGH THE RECEIPT AND ADMINISTRATION OF CHARITABLE FUNDS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 120000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 141572 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 26000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 141572 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 141572 |
| IRS990EZ/TotalRevenueAmt | 0 | 141604 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | true |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CertificationInd | 0 | X |
| IRS990ScheduleA/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 208132313 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc | 0 | 9 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 120000 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1 | 0 | LEAP INC - 501(C)(6) ORGANIZATION |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd | 0 | true |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 120000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ALL LINES LEFT BLANK ARE NOT APPLICABLE TO THE ORGANIZATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LEAP, INC. ECONOMIC DEVELOPMENT 1000 S. WASHINGTON AVE., STE. 201 LANSING, MI 48910 120,000 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES OTHER GRANT RELATED EXP 21,567 BUSINESS REGISTRATION FEE 5 TOTAL 21,572 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | RECEIVABLE FROM AFFILIATE 0 9,000 TOTAL 0 9,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DEFERRED REVENUE 0 17,000 UNSECURED NOTES AND LOANS PAYABLE 0 9,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TO SPUR ECONOMIC DEVELOPMENT AND RETAIN INTELLECTUAL CAPITAL IN THE TRI-COUNTY AREA. SUCH ACTIVITIES ARE LIMITED TO EXEMPT PURPOSES SET FORTH IN INTERNAL REVENUE CODE SECTION 501(C)(3). THE PRIMARY PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT L TREZISE JR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT & CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-06-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | LEAP FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LEAP |
| ReturnHeader/Filer/EIN | 0 | 260206557 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1000 S WASHINGTON AVE |
| ReturnHeader/Filer/USAddress/AddressLine2 | 0 | ROOM/SUITE 201 |
| ReturnHeader/Filer/USAddress/City | 0 | LANSING |
| ReturnHeader/Filer/USAddress/State | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 48910 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | ANDREWS HOOPER PAVLIK PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 4295 OKEMOS RD STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | OKEMOS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 488646201 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5177060800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-06-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JULIE M PFEIFLE |
| ReturnHeader/ReturnTs | 0 | 2014-06-12T08:34:46-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $31,536
- Liabilities
- $26,000
- Net assets
- $5,536
- Revenue
- $141,604
- Expenses
- $141,572
- Net income
- $32