Civic Intelligence

Leap Inc.

990 • Fiscal year 2023 • EIN 31-1740634

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 23, 2024

49725 County Road 83 Att Tim RiceStaples, MN 56479

(218) 296-0396

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

30th percentile

-7.7%

Higher net margin than 30% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$11,345

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

29th percentile

-13%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

68th percentile

24%

Faster revenue growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$117,132

Down $17,283 (-13%) from 2022

Net Assets

Down

$117,132

Down $17,283 (-13%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$225,224

Up $44,135 (+24%) from 2022

Expenses

Up

$242,507

Up $132,983 (+121%) from 2022

Net Income

Down

-$17,283

Down $88,848 (-124%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $63,737Liabilities 2011: $3,974Net Assets 2011: $59,7632011Assets 2012: $38,746Liabilities 2012: $3,125Net Assets 2012: $35,6212012Assets 2013: $33,476Liabilities 2013: $256Net Assets 2013: $33,2202013Assets 2014: $29,079Net Assets 2014: $29,0792014Assets 2018: $63,151Net Assets 2018: $63,1512018Assets 2019: $57,371Net Assets 2019: $57,3712019Assets 2020: $80,001Net Assets 2020: $80,0012020Assets 2021: $62,850Net Assets 2021: $62,8502021Assets 2022: $134,415Net Assets 2022: $134,4152022Assets 2023: $117,132Liabilities 2023: $0Net Assets 2023: $117,1322023Assets 2024: $163,945Liabilities 2024: $0Net Assets 2024: $163,9452024

Highlighted filing

2023

Assets$117,132
Liabilities$0
Net Assets$117,132

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $144,768Expenses 2011: $183,628Net Income 2011: -$38,8602011Revenue 2012: $118,839Expenses 2012: $142,981Net Income 2012: -$24,1422012Revenue 2013: $88,991Expenses 2013: $91,392Net Income 2013: -$2,4012013Revenue 2014: $19,412Expenses 2014: $23,553Net Income 2014: -$4,1412014Revenue 2018: $82,934Expenses 2018: $65,001Net Income 2018: $17,9332018Revenue 2019: $97,949Expenses 2019: $103,729Net Income 2019: -$5,7802019Revenue 2020: $86,247Expenses 2020: $63,617Net Income 2020: $22,6302020Revenue 2021: $97,917Expenses 2021: $115,068Net Income 2021: -$17,1512021Revenue 2022: $181,089Expenses 2022: $109,524Net Income 2022: $71,5652022Revenue 2023: $225,224Expenses 2023: $242,507Net Income 2023: -$17,2832023Revenue 2024: $230,113Expenses 2024: $183,300Net Income 2024: $46,8132024

Highlighted filing

2023

Revenue$225,224
Expenses$242,507
Net Income-$17,283
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 23, 2024
Return Version
2022v5.0
Gross Receipts
$245,604
Mission and Program Overview

Mission

Objectives are to: 1. Work as a liaison between the community and school district, 2. Support volunteerism in the school and community, 3. Identify viable ways for the school to adapt to current economics and demographic circumstances, 4. Determine the strengths and weaknesses of the district through focus group meetings and decide which options provide the most benefits for the community and the school district, 5. Building a stronger staples community that will enrich the quality of life now and for future generations, 6. Determine the strengths and weaknesses of the community through focus group meetings and decide which options provide the most benefits for the community and businesses, 7. Facilitate the citizens, city government, and businesses in staples to improve communication and planning and work together on projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$114,031$96,719▼ $17,312
Savings and Temporary Cash Investments$20,384$20,413▲ $29
Total Assets$134,415$117,132▼ $17,283
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$133,957$114,758▼ $19,199
Net Assets Without Donor Restrictions$458$2,374▲ $1,916
Total Net Assets Fund Balance$134,415$117,132▼ $17,283
Total Liabilities and Net Assets / Fund Balance$134,415$117,132▼ $17,283
Compensation and Service Providers

Employees

NameTitleBaseTotal
Renee KrollDirector$11,345$11,345
Melanie LeeDirector$875$875

Board Members and Trustees

NameTitle
Tim RiceChair
Jerel NelsenVice Chair
Erich HeppnerDirector
Jef CichosDirector
Jeff BoothDirector
Lani RobertsDirector
Lisa BjergaDirector
Lisa GizaDirector
Mark AndersonDirector
Mary IvesDirector
Mary KobliskaDirector
Rick UtechDirector
Ron MurrayDirector
Ryan YoungbauerDirector
Sheila HoehnDirector
Stephanie BarneyDirector
Sue NanikDirector
Tom KajerDirector
Chad CoauetteDirector, Ex
Melissa WymanDirector, Ex
Shane TappeDirector, Ex
Chris EtzlerSec., Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$161,237
Program Service Revenue
$36,941
Investment Income
$29
Other Revenue
$27,017
All Other Contributions
$111,083
Change in Net Assets
$-17,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,467
Grants and Similar Amounts Paid$83,820
Salaries, Compensation, and Employee Benefits$17,220
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$83,820--$83,820
Fees for Services Other$42,958$25-$42,983
Travel$27,000--$27,000
Advertising$17,822--$17,822
Current Officers, Directors, Trustees, and Key Employees$17,220--$17,220
All Other Expenses$14,526--$14,526
Conferences and Meetings$8,342--$8,342
Fees for Services Management$7,344--$7,344
Other Expenses$3,119--$3,119
Occupancy$2,511--$2,511
Fees for Services Accounting-$2,000-$2,000
Office Expenses$1,617$46-$1,663
Fees for Services Legal$1,126--$1,126
Insurance$285$267-$552
Total Functional Expenses$240,169$2,338$0$242,507
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Isd 2170Staples, MNGovMusic Formalwear$34,305
Isd 2170Staples, MNGovEquip From Boosters$1,000
Motley Community Events OrganizatioMotley, MN3Spin Off Entity-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$46,697
Fundraising Direct Expenses$20,380
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster Club Fu$41,459$41,459$15,377$26,082
Total Events$41,459$41,459$18,263$23,196
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Jerel nelsen melissa wyman director director business relationship

Form 990, Page 6, Part VI, Line 7B

Except as otherwise provided by statute or by the organization's by-laws, a majority of all of the directors shall be required to constitute a quorum for the transaction of business at any meeting, and the act of a majority of the directors present at any meeting at which a quorum is present shall be the act of the board of directors.

Form 990, Page 6, Part VI, Line 11B

The organization's chairperson will review the form 990 prior to filing, then a copy will be given to each board member.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Leap Inc
EIN
31-1740634
Phone
2182960396
Address
49725 COUNTY ROAD 83 ATT TIM RICE, STAPLES, MN 56479

Signing Officer

Name
Tim Rice
Title
Chair
Phone
2182960396
Signed
2024-01-23

Organization Details

Principal Officer
Tim Rice
Formed
2000
Legal Domicile
Mn
Voting Board Members
24
Independent Board Members
23
Employees
0
Volunteers
24

Preparer

Firm
Mayer Porter & Nelson Ltd
Address
PO BOX 206, STAPLES, MN 56479
Preparer
Julie Nelson
Phone
2188941399
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Objectives are to: 1. Work as a liaison between the community and school district, 2. Support volunteerism in the school and community, 3. Identify viable ways for the school to adapt to current economics and demographic circumstances, 4. Determine the strengths and weaknesses of the district through focus group meetings and decide which options provide the most benefits for the community and the school district, 5. Building a stronger staples community that will enrich the quality of life now and for future generations, 6. Determine the strengths and weaknesses of the community through focus group meetings and decide which options provide the most benefits for the community and businesses, 7. Facilitate the citizens, city government, and businesses in staples to improve communication and planning and work together on projects.

Form 990, Page 1, Part I, Line 6

Leap board members are all volunteers.

Form 990, Page 2, Part III, Line 4D

Central mn barn quilts - obtained supplies for holding a barn quilt class. Barn quilts are displayed around town as a tourist attraction. Friends of the library - purchase items and provide grants to support programming for the local public library. Health connections provides a forum for communication and collaboration to improve the health of people in the communities of todd and wadena counties. The major focus points for the year were lactation & car seat classes. Hooked on fishing - assisted a local group of volunteers in planning a "hooked on fishing, not drugs" event for local kids. Held a candidate forum and encouraged voters to get out and vote. Assisted in providing for high school senior banners to be displayed on city streets at graduation. Assisted other local organizations in providing holiday meals and christmas 4 kids. Assisted with local gradblast celebration for graduating seniors. Assisted local cemetery with lawn mower purchase. Sisters with sass - assisted the group with attending a mental health conference. The group is a women's mentorship program focused on empowering women through work, education, and well-being. Events - helped support the city of staples with its summer celebration. Staples motley athletic hall of fame purchased a digital kiosk to display athletic accomplishments, produced a hall of fame booklet for the annual awards ceremony. Assisted the staples motley parent teacher connection with an event. Sparks mentoring program is a new program where mentors volunteer in school to build children'ts academic skills, self awareness, communication, and relationships by becoming a reading buddy or lunchtime buddy. Mentors are trained on reading strategies and building communication and caring relationships with children. The project will spin off in the next fiscal year as a new 501(c)(3) entity. High school booster clubs (cheerleading, baseball, golf, softball, speech and volleyball) - pay tournament registration fees, uniforms, equipment and supplies of the local high school teams.

Form 990, Page 5, Part V, Line 3B

Gross revenue less than 1,000.

Form 990, Part IX, Line 11G

Cheer camp workers 240 0 0 consultant -picture day pro 2,765 0 0 hall of fame design work 8,671 0 0 hall of fame video/sound 364 0 0 rr days entertainment 8,869 0 0 rr days fireworks consultants 6,450 0 0 tourism consultant 75 0 0 speakers - lactation event 3,835 0 0 speech team judges 450 0 0 state filing fee 0 25 0 volleyball jo coaching fees 600 0 0 website development 10,070 0 0 visitor's guide-advertising 569 0 0 total 42,958 25 0

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IRS990/Form990PartVIISectionAGrp/TitleTxt1SEC., TREAS.
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR, EX
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR, EX
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR, EX
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/MissionDesc0OBJECTIVES ARE TO: 1. WORK AS A LIAISON BETWEEN THE COMMUNITY AND SCHOOL DISTRICT, 2. SUPPORT VOLUNTEERISM IN THE SCHOOL AND COMMUNITY, 3. IDENTIFY VIABLE WAYS FOR THE SCHOOL TO ADAPT TO CURRENT ECONOMICS AND DEMOGRAPHIC CIRCUMSTANCES, 4. DETERMINE THE STRENGTHS AND WEAKNESSES OF THE DISTRICT THROUGH FOCUS GROUP MEETINGS AND DECIDE WHICH OPTIONS PROVIDE THE MOST BENEFITS FOR THE COMMUNITY AND THE SCHOOL DISTRICT, 5. BUILDING A STRONGER STAPLES COMMUNITY THAT WILL ENRICH THE QUALITY OF LIFE NOW AND FOR FUTURE GENERATIONS, 6. DETERMINE THE STRENGTHS AND WEAKNESSES OF THE COMMUNITY THROUGH FOCUS GROUP MEETINGS AND DECIDE WHICH OPTIONS PROVIDE THE MOST BENEFITS FOR THE COMMUNITY AND BUSINESSES, 7. FACILITATE THE CITIZENS, CITY GOVERNMENT, AND BUSINESSES IN STAPLES TO IMPROVE COMMUNICATION AND PLANNING AND WORK TOGETHER ON PROJECTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0MOTLEY JUNEFEST - ASSISTED THIS GROUP IN PROVIDING ACTIVITIES FOR THE ANNUAL COMMUNITY CELEBRATION AND THEN TRANSFERRED THE BALANCE OF THEIR FUNDS WHEN THEY FORMED THEIR OWN 501(C)(3) ORGANIZATION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TOURISM - LEAP MANAGES TOURISM DOLLARS COLLECTED VIA A CITY LODGING TAX FOR THE CITY OF STAPLES. A TOURISM COMMITTEE HELPS TO DIRECT A CONSULTANT WHO MARKETS THE STAPLES AREA THROUGH BILLBOARDS, THE EXPLORE MN TRAVEL GUIDE, THE MN LODGING ASSOCIATION, AND TO PROVIDE CONTENT FOR A DISCOVER STAPLES (DISCOVERSTAPLESMN.ORG) WEBSITE AND VISITOR GUIDE. IN ADDITION, REGIONAL PROMOTIONS AND LOCAL EVENTS WERE MARKETED.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0CENTRAL MN BARN QUILTS - OBTAINED SUPPLIES FOR HOLDING A BARN QUILT CLASS. BARN QUILTS ARE DISPLAYED AROUND TOWN AS A TOURIST ATTRACTION. FRIENDS OF THE LIBRARY - PURCHASE ITEMS AND PROVIDE GRANTS TO SUPPORT PROGRAMMING FOR THE LOCAL PUBLIC LIBRARY. HEALTH CONNECTIONS PROVIDES A FORUM FOR COMMUNICATION AND COLLABORATION TO IMPROVE THE HEALTH OF PEOPLE IN THE COMMUNITIES OF TODD AND WADENA COUNTIES. THE MAJOR FOCUS POINTS FOR THE YEAR WERE LACTATION & CAR SEAT CLASSES. HOOKED ON FISHING - ASSISTED A LOCAL GROUP OF VOLUNTEERS IN PLANNING A "HOOKED ON FISHING, NOT DRUGS" EVENT FOR LOCAL KIDS. HELD A CANDIDATE FORUM AND ENCOURAGED VOTERS TO GET OUT AND VOTE. ASSISTED IN PROVIDING FOR HIGH SCHOOL SENIOR BANNERS TO BE DISPLAYED ON CITY STREETS AT GRADUATION. ASSISTED OTHER LOCAL ORGANIZATIONS IN PROVIDING HOLIDAY MEALS AND CHRISTMAS 4 KIDS. ASSISTED WITH LOCAL GRADBLAST CELEBRATION FOR GRADUATING SENIORS. ASSISTED LOCAL CEMETERY WITH LAWN MOWER PURCHASE. SISTERS WITH SASS - ASSISTED THE GROUP WITH ATTENDING A MENTAL HEALTH CONFERENCE. THE GROUP IS A WOMEN'S MENTORSHIP PROGRAM FOCUSED ON EMPOWERING WOMEN THROUGH WORK, EDUCATION, AND WELL-BEING. EVENTS - HELPED SUPPORT THE CITY OF STAPLES WITH ITS SUMMER CELEBRATION. STAPLES MOTLEY ATHLETIC HALL OF FAME PURCHASED A DIGITAL KIOSK TO DISPLAY ATHLETIC ACCOMPLISHMENTS, PRODUCED A HALL OF FAME BOOKLET FOR THE ANNUAL AWARDS CEREMONY. ASSISTED THE STAPLES MOTLEY PARENT TEACHER CONNECTION WITH AN EVENT. SPARKS MENTORING PROGRAM IS A NEW PROGRAM WHERE MENTORS VOLUNTEER IN SCHOOL TO BUILD CHILDREN'TS ACADEMIC SKILLS, SELF AWARENESS, COMMUNICATION, AND RELATIONSHIPS BY BECOMING A READING BUDDY OR LUNCHTIME BUDDY. MENTORS ARE TRAINED ON READING STRATEGIES AND BUILDING COMMUNICATION AND CARING RELATIONSHIPS WITH CHILDREN. THE PROJECT WILL SPIN OFF IN THE NEXT FISCAL YEAR AS A NEW 501(C)(3) ENTITY. HIGH SCHOOL BOOSTER CLUBS (CHEERLEADING, BASEBALL, GOLF, SOFTBALL, SPEECH AND VOLLEYBALL) - PAY TOURNAMENT REGISTRATION FEES, UNIFORMS, EQUIPMENT AND SUPPLIES OF THE LOCAL HIGH SCHOOL TEAMS.
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