Civic Intelligence

Life Expanding Adventure Program

990 • Fiscal year 2019 • EIN 27-3855114

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

806 SW BroadwayPortland, OR 97205

(503) 893-5327

Siviq Scores

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

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

49th percentile

2.7%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

66th percentile

14%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$119,685

Up $3,091 (+2.7%) from 2017

Net Assets

Down

$113,583

Down $64 (-0.1%) from 2017

Liabilities

Up

$6,102

Up $3,155 (+107%) from 2017

Revenue

Up

$327,685

Up $14,812 (+4.7%) from 2017

Expenses

Up

$318,719

Up $31,481 (+11%) from 2017

Net Income

Down

$8,966

Down $16,669 (-65%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $35,055Liabilities 2014: $1,033Net Assets 2014: $34,0222014Assets 2015: $67,503Liabilities 2015: $13,332Net Assets 2015: $54,1712015Assets 2016: $88,104Liabilities 2016: $92Net Assets 2016: $88,0122016Assets 2017: $116,594Liabilities 2017: $2,947Net Assets 2017: $113,6472017Assets 2019: $119,685Liabilities 2019: $6,102Net Assets 2019: $113,5832019Assets 2021: $305,967Liabilities 2021: $180Net Assets 2021: $305,7872021Assets 2024: $278,861Liabilities 2024: $1,517Net Assets 2024: $277,3442024

Highlighted filing

2019

Assets$119,685
Liabilities$6,102
Net Assets$113,583

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $157,673Expenses 2014: $134,731Net Income 2014: $22,9422014Revenue 2015: $153,198Expenses 2015: $133,049Net Income 2015: $20,1492015Revenue 2016: $231,469Expenses 2016: $197,628Net Income 2016: $33,8412016Revenue 2017: $312,873Expenses 2017: $287,238Net Income 2017: $25,6352017Revenue 2019: $327,685Expenses 2019: $318,719Net Income 2019: $8,9662019Revenue 2021: $303,733Expenses 2021: $238,297Net Income 2021: $65,4362021Revenue 2024: $351,133Expenses 2024: $362,446Net Income 2024: -$11,3132024

Highlighted filing

2019

Revenue$327,685
Expenses$318,719
Net Income$8,966
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$375,756
Mission and Program Overview

Mission

Leap (life expanding adventure program) partners with organizations serving people who face life challenges by providing outdoor adventures as a vehicle to boost self confidence in a supportive social environment of mentorship.

To create empowering experiences for those facing adversity and trauma by providing wilderness programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$104,617$113,583▲ $8,966
Intangible Assets$68,272$62,936▼ $5,336
Land, Buildings, and Equipment, Net$28,933$31,474▲ $2,541
Cash and Non-Interest-Bearing Accounts$7,607$21,070▲ $13,463
Prepaid Expenses and Deferred Charges-$4,205-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Inventories for Sale or Use-$0-
Total Assets$104,812$119,685▲ $14,873
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$5,607-
Other Liabilities$195$495▲ $300
Total Liabilities$195$6,102▲ $5,907
Net Assets / Fund Balance
Total Net Assets Fund Balance$104,617$113,583▲ $8,966
Total Liabilities and Net Assets / Fund Balance$104,812$119,685▲ $14,873

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,297$55,094$86,391
Other Land Buildings$177$2,881$3,058
Compensation and Service Providers

Board Members and Trustees

NameTitle
Erik WeisethPrograms Chair
Matt ReimannPresident
David LongBoard Member
Dr Carter WrayBoard Member
Jim CrystalBoard Member
Josh MakepeaceBoard Member
Rob GrayBoard Member
Rob GreenmanBoard Member
Karen RiceSecretary
David KalezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$341,871
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-14,186
All Other Contributions
$194,950
Change in Net Assets
$8,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$183,655
Other Expenses$135,064
Total Fundraising Expense$34,234
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$125,445-$25,693$151,138
Travel$46,175--$46,175
Depreciation Depletion$18,151--$18,151
Other Employee Benefits$13,750-$2,816$16,566
Payroll Taxes$10,872-$2,227$13,099
All Other Expenses$6,915$2,789$3,013$12,717
Insurance$4,351$5,120-$9,471
Other Expenses$7,963$5,408-$5,408
Fees for Services Accounting-$5,300-$5,300
Pension Plan Contributions$2,367-$485$2,852
Conferences and Meetings-$2,585-$2,585
Information Technology-$1,429-$1,429
Advertising-$540-$540
Office Expenses-$127-$127
Total Functional Expenses$261,187$23,298$34,234$318,719
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,071
Fundraising Gross Income$33,885
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Variety Show$144,845$27,811$39,552$-11,741
Paddle Challenge$23,361$6,074$559$5,515
Total Events$180,806$33,885$48,071$-14,186
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit card payable$495
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Finance Committee will review the form 990 before it is submitted to the IRS. This committee will notify the president of the board of its review. The LEAP board will receive a copy of the Form 990 after it has been filed with the IRS.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Life Expanding Adventure Program
EIN
27-3855114
Phone
5038935327
Address
806 SW Broadway, Portland, OR 97205

Signing Officer

Name
Erik Weiseth
Title
President
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erik Weiseth
Formed
2010
Legal Domicile
Or
Voting Board Members
10
Independent Board Members
10
Employees
14
Volunteers
25

Preparer

Firm
Gustafson & Company LLC
Address
5200 S MACADAM AVE STE 470, PORTLAND, OR 97239
Preparer
Kenneth E Gustafson
Phone
5032215117
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IRS990/PensionPlanContributionsGrp/TotalAmt02852
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04205
IRS990/PrincipalOfficerNm0Erik Weiseth
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0260028
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0116924
IRS990/PYOtherRevenueAmt0-3594
IRS990/PYRevenuesLessExpensesAmt0-9030
IRS990/PYSalariesCompEmpBnftPaidAmt0148545
IRS990/PYTotalExpensesAmt0265469
IRS990/PYTotalRevenueAmt0256439
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08966
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0104617
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0113583
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0375756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0260028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0344266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0242984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0148939
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01371973
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt060
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78410
IRS990ScheduleA/PublicSupportPY170Pct00.81200
IRS990ScheduleA/PublicSupportTotal170Amt01075817
IRS990ScheduleA/SubstantialContributorsTotAmt0296156
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0375756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0260028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0344266
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0242984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0148939
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01371973
IRS990ScheduleA/TotalSupportAmt01372033
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt031297
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055094
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086391
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0177
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02881
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0495
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit card payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031474
IRS990ScheduleD/TotalLiabilityAmt0495
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0146921
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0117034
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt017287
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt012600
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt048071
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03175
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt03175
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Variety Show
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Paddle Challenge
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01562
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0313
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0714
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02589
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0144845
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023361
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt012600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0180806
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt027811
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06074
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt033885
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-14186
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt0246
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0246
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01675
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt041786
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt039552
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0559
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0275
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0275
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Finance Committee will review the form 990 before it is submitted to the IRS. This committee will notify the president of the board of its review. The LEAP board will receive a copy of the Form 990 after it has been filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

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