Civic Intelligence

Leap Charities Inc

990EZ • Fiscal year 2017 • EIN 26-1738122

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

1220 S Vista AveBoise, ID 83705

(208) 284-0389

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$124,122

No earlier filing loaded for comparison.

Net Assets

$120,190

No earlier filing loaded for comparison.

Liabilities

$3,932

No earlier filing loaded for comparison.

Revenue

$167,459

No earlier filing loaded for comparison.

Expenses

$64,742

No earlier filing loaded for comparison.

Net Income

$102,717

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2017: $124,122Liabilities 2017: $3,932Net Assets 2017: $120,1902017Assets 2018: $1,401,071Liabilities 2018: $1,017,634Net Assets 2018: $383,4372018Assets 2019: $2,857,062Liabilities 2019: $2,159,965Net Assets 2019: $697,0972019Assets 2020: $4,868,613Liabilities 2020: $3,503,933Net Assets 2020: $1,364,6802020Assets 2021: $6,936,762Liabilities 2021: $4,327,912Net Assets 2021: $2,608,8502021Assets 2022: $10,074,975Liabilities 2022: $6,733,843Net Assets 2022: $3,341,1322022Assets 2023: $18,964,716Liabilities 2023: $12,668,446Net Assets 2023: $6,296,2702023Assets 2024: $23,749,170Liabilities 2024: $14,614,365Net Assets 2024: $9,134,8052024

Highlighted filing

2017

Assets$124,122
Liabilities$3,932
Net Assets$120,190

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2017: $167,459Expenses 2017: $64,742Net Income 2017: $102,7172017Revenue 2018: $473,775Expenses 2018: $210,528Net Income 2018: $263,2472018Revenue 2019: $609,780Expenses 2019: $431,783Net Income 2019: $177,9972019Revenue 2020: $1,326,709Expenses 2020: $659,126Net Income 2020: $667,5832020Revenue 2021: $1,765,244Expenses 2021: $874,799Net Income 2021: $890,4452021Revenue 2022: $2,005,071Expenses 2022: $1,272,789Net Income 2022: $732,2822022Revenue 2023: $4,783,527Expenses 2023: $1,828,389Net Income 2023: $2,955,1382023Revenue 2024: $5,310,586Expenses 2024: $2,472,051Net Income 2024: $2,838,5352024

Highlighted filing

2017

Revenue$167,459
Expenses$64,742
Net Income$102,717
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$167,459
Mission and Program Overview

Mission

Leap housing was founded in boise, idaho in 2008 - their mission is to develop and preserve affordable housing while providing empowering services that lead to greater housing stability. Leap housing is a boise-based nonprofit who believes all people deserve an opportunity to access a safe, stable, and affordable home.

Leap seeks to bridge the gap between need and hope, one home at a time.

Program Services

DescriptionGrantsExpenses
WELCOME HOUSING - WELCOME HOUSING PROVIDES A BETTER BEGINNING FOR NEWLY ARRIVED REFUGEES THROUGH TRANSITIONAL HOUSING, HOSPITALITY, AND RELATIONSHIP BUILDING. UPON ARRIVAL TO BOISE, GUESTS STAY AN AVERAGE OF 3 WEEKS IN A FURNISHED AND AFFORDABLE TEMPORARY HOME WITH A HOST FAMILY NEXT DOOR UNTIL AN APARTMENT IS FOUND. LAUNCHED IN DECEMBER 2016, LEAP OPERATES 3 WELCOME HOUSES AND IS IN A CAPITAL CAMPAIGN TO PURCHASE 3 UNITS. AT HALF THE COST OF A HOTEL, OUR 126 GUESTS HAVE SAVED $1,200 PER FAMILY WITH A TOTAL SAVINGS OF OVER $30,000.$0$32,697
'YES YOU CAN' HOMEBUYER PROGRAM - THE 'YES YOU CAN' HOMEOWNERSHIP PROGRAM CONNECTS CLIENTS WITH COMMUNITY PROVIDERS OF HOUSING COUNSELING, HOUSING EDUCATION, AND FINANCIAL ASSISTANCE PROGRAMS TO ENSURE THE HOME BUYING PROCESS IS AN EMPOWERING AND AFFORDABLE EXPERIENCE. CLIENTS BENEFIT FROM ATTENTIVE MENTORSHIP FROM A HOUSING SPECIALIST REALTOR TEAM WHO CHAMPION THEM ON FROM DREAM TO DOORSTEP.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BART COCHRANPresident-$0--
TRACY COCHRANSecretary-$0--
CHAD HANSENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Leap Charities Inc
EIN
26-1738122
Phone
2082840389
Address
1220 S VISTA AVE, BOISE, ID 83705

Signing Officer

Name
Bart Cochran
Title
President
Phone
2082840389
Signed
2018-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Harris & Co Pllc
Address
2289 S BONITO WAY STE 100, MERIDIAN, ID 83642
Preparer
Christine Perez
Phone
2083338965
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: membership dues . Amount: 2,560. Description: office expense . Amount: 6,142. Description: advertising . Amount: 577. Description: insurance expense. Amount: 377. Description: administration expense. Amount: 216. Description: bank fees. Amount: 145. Description: meals & entertainment . Amount: 258. Description: travel. Amount: 459. Description: interest expense . Amount: 4,342. Description: management fees. Amount: 568. Description: repairs & maintenance . Amount: 64. Description: tax expense . Amount: 914. Description: vehicle expense . Amount: 828. Total to form 990-ez, line 16: 17,450.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other recievable . Beg. Of year amount: 0. End of year amount: 2,600. Description: other assets . Beg. Of year amount: 0. End of year amount: 5,038. Description: security deposits-bench condos. Beg. Of year amount: 0. End of year amount: 73,389.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable . Beg. Of year amount: 0. End of year amount: 3,932.

Raw XML Appendix151 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum02082840389
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01220 S VISTA AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOISE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd083705
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017473
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IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BART COCHRAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TRACY COCHRAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHAD HANSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt081027
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017450
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0LEAP SEEKS TO BRIDGE THE GAP BETWEEN NEED AND HOPE, ONE HOME AT A TIME.
IRS990EZ/PrintingPublicationsPostageAmt0760
IRS990EZ/ProgramServiceRevenueAmt023882
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WELCOME HOUSING - WELCOME HOUSING PROVIDES A BETTER BEGINNING FOR NEWLY ARRIVED REFUGEES THROUGH TRANSITIONAL HOUSING, HOSPITALITY, AND RELATIONSHIP BUILDING. UPON ARRIVAL TO BOISE, GUESTS STAY AN AVERAGE OF 3 WEEKS IN A FURNISHED AND AFFORDABLE TEMPORARY HOME WITH A HOST FAMILY NEXT DOOR UNTIL AN APARTMENT IS FOUND. LAUNCHED IN DECEMBER 2016, LEAP OPERATES 3 WELCOME HOUSES AND IS IN A CAPITAL CAMPAIGN TO PURCHASE 3 UNITS. AT HALF THE COST OF A HOTEL, OUR 126 GUESTS HAVE SAVED $1,200 PER FAMILY WITH A TOTAL SAVINGS OF OVER $30,000.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1'YES YOU CAN' HOMEBUYER PROGRAM - THE 'YES YOU CAN' HOMEOWNERSHIP PROGRAM CONNECTS CLIENTS WITH COMMUNITY PROVIDERS OF HOUSING COUNSELING, HOUSING EDUCATION, AND FINANCIAL ASSISTANCE PROGRAMS TO ENSURE THE HOME BUYING PROCESS IS AN EMPOWERING AND AFFORDABLE EXPERIENCE. CLIENTS BENEFIT FROM ATTENTIVE MENTORSHIP FROM A HOUSING SPECIALIST REALTOR TEAM WHO CHAMPION THEM ON FROM DREAM TO DOORSTEP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032697
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
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IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0143577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt018356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0178653
IRS990ScheduleA/TotalSupportAmt0178653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MEMBERSHIP DUES . AMOUNT: 2,560. DESCRIPTION: OFFICE EXPENSE . AMOUNT: 6,142. DESCRIPTION: ADVERTISING . AMOUNT: 577. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 377. DESCRIPTION: ADMINISTRATION EXPENSE. AMOUNT: 216. DESCRIPTION: BANK FEES. AMOUNT: 145. DESCRIPTION: MEALS & ENTERTAINMENT . AMOUNT: 258. DESCRIPTION: TRAVEL. AMOUNT: 459. DESCRIPTION: INTEREST EXPENSE . AMOUNT: 4,342. DESCRIPTION: MANAGEMENT FEES. AMOUNT: 568. DESCRIPTION: REPAIRS & MAINTENANCE . AMOUNT: 64. DESCRIPTION: TAX EXPENSE . AMOUNT: 914. DESCRIPTION: VEHICLE EXPENSE . AMOUNT: 828. TOTAL TO FORM 990-EZ, LINE 16: 17,450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER RECIEVABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,600. DESCRIPTION: OTHER ASSETS . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,038. DESCRIPTION: SECURITY DEPOSITS-BENCH CONDOS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 73,389.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,932.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BART COCHRAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02082840389
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEAP CHARITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAP
ReturnHeader/Filer/EIN0261738122
ReturnHeader/Filer/PhoneNum02082840389
ReturnHeader/Filer/USAddress/AddressLine1Txt01220 S VISTA AVE
ReturnHeader/Filer/USAddress/CityNm0BOISE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083705
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId058F7D7EB4281FA0B31340C20F9216BBC72F27B5B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId058F7D7EB4281FA0B31340C20F9216BBC72F27B5B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MS
ReturnHeader/FilingSecurityInformation/IPTm011:05:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0264022510
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARRIS & CO PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02289 S BONITO WAY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MERIDIAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083642
ReturnHeader/PreparerPersonGrp/PhoneNum02083338965
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE PEREZ
ReturnHeader/ReturnTs02018-11-15T09:44:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings