Civic Intelligence

Leap Inc.

990EZ • Fiscal year 2021 • EIN 73-1665088

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 07, 2022

P O Box 604Los Alamitos, CA 90720

(562) 799-4540

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

13th percentile

-40%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-43%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

39th percentile

-8.3%

Faster revenue growth than 39% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$47,603

Down $35,867 (-43%) from 2020

Net Assets

Down

$47,603

Down $35,867 (-43%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$90,677

Down $8,164 (-8.3%) from 2020

Expenses

Up

$126,544

Up $54,863 (+77%) from 2020

Net Income

Down

-$35,867

Down $63,027 (-232%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $102,980Liabilities 2011: $02011Assets 2012: $74,568Net Assets 2012: $74,5682012Assets 2014: $48,221Net Assets 2014: $48,2212014Assets 2015: $75,095Net Assets 2015: $75,0952015Assets 2016: $107,763Net Assets 2016: $107,7632016Assets 2018: $68,166Net Assets 2018: $68,1662018Assets 2019: $56,310Liabilities 2019: $02019Assets 2020: $83,470Net Assets 2020: $83,4702020Assets 2021: $47,603Net Assets 2021: $47,6032021Assets 2022: $176,928Net Assets 2022: $176,9282022Assets 2023: $196,352Liabilities 2023: $02023Assets 2024: $252,196Liabilities 2024: $02024Assets 2025: $229,968Net Assets 2025: $229,9682025

Highlighted filing

2021

Assets$47,603
Liabilities-
Net Assets$47,603

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $73,961Expenses 2011: $54,500Net Income 2011: $19,4612011Revenue 2012: $37,438Expenses 2012: $65,850Net Income 2012: -$28,4122012Revenue 2014: $103,264Expenses 2014: $97,812Net Income 2014: $5,4522014Revenue 2015: $65,344Expenses 2015: $38,470Net Income 2015: $26,8742015Revenue 2016: $102,725Expenses 2016: $70,057Net Income 2016: $32,6682016Revenue 2018: $100,966Expenses 2018: $85,814Net Income 2018: $15,1522018Revenue 2019: $100,140Expenses 2019: $111,996Net Income 2019: -$11,8562019Revenue 2020: $98,841Expenses 2020: $71,681Net Income 2020: $27,1602020Revenue 2021: $90,677Expenses 2021: $126,544Net Income 2021: -$35,8672021Revenue 2022: $132,854Expenses 2022: $3,529Net Income 2022: $129,3252022Revenue 2023: $155,246Expenses 2023: $135,822Net Income 2023: $19,4242023Revenue 2024: $152,866Expenses 2024: $97,022Net Income 2024: $55,8442024Revenue 2025: $2,278Expenses 2025: $24,506Net Income 2025: -$22,2282025

Highlighted filing

2021

Revenue$90,677
Expenses$126,544
Net Income-$35,867
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 7, 2022
Return Version
2021v4.0
Gross Receipts
$97,002
Mission and Program Overview

Mission

Support of media center and technology in the classrooms.

Program Services

DescriptionGrantsExpenses
SUPPORT OF MEDIA CENTER AND TECHNOLOGY IN THE CLASSROOMSIn 2020, Project Leap was able to provide the salary of a credentialed teacher in charge of STEM learning for the students at Lee Elementary. During remote learning, Project Leap was able to provide technology support in the form of laptops and materials for at-home Media Center projects.-$125,220
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly ChengPresident-$0--
Analicia La SalleVice President-$0--
Khatija BholatFinance Secreta-$0--
Adela RomeroTreasurer-$0--
Jenny PlattSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
LeOlympics$59,183$59,183$2,614$56,569
Auction$18,440$18,440$3,036$15,404
Total Events$77,623$77,623$5,650$71,973
Filing and Contact Details

Filer

Filer Name
Leap Inc
EIN
73-1665088
Address
P O BOX 604, LOS ALAMITOS, CA 90720

Signing Officer

Name
Adela Romero
Title
Treasurer
Signed
2022-09-07
Discuss with paid preparer
Yes

Preparer

Firm
Holmquist Liewald Llp
Address
3415 CERRITOS AVE, LOS ALAMITOS, CA 90720
Preparer
Louise Liewald CPA
Phone
5624317872
Supplemental Narrative

Additional Explanations

Other Expenses.1

Forward Funding $122220

Other Expenses.2

Technology Gift $2235

Other Expenses.3

Bank Charges $718

Other Expenses.4

School Supplies $539

Other Expenses.5

Coffee Cart Expenses $270

Other Expenses.6

Annual PO Box $106

Other Expenses.7

District Event $75

Other Expenses.8

Advertising $71

Other Expenses.9

Filing Fees $50

Other Expenses.55

Prior Year Adj $-190

Raw XML Appendix183 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Forward Funding $122220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Technology Gift $2235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Charges $718
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3School Supplies $539
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Coffee Cart Expenses $270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Annual PO Box $106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6District Event $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Advertising $71
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Filing Fees $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Prior Year Adj $-190
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.30$2.30$0.02$0.25$0.22
2024Summary only. Only limited summary data is available for this year.$2.52$0.00$1.53$0.97$0.56
2023Summary only. Only limited summary data is available for this year.$1.96$0.00$1.55$1.36$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$1.77$1.33$0.04$1.29
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.48$0.91$1.27$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.83$0.99$0.72$0.27
2019Summary only. Only limited summary data is available for this year.$0.56$0.00$1.00$1.12$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.68$1.01$0.86$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$1.08$1.03$0.70$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.75$0.65$0.38$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.48$1.03$0.98$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.75$0.37$0.66$0.28
2011Summary only. Only limited summary data is available for this year.$1.03$0.00$0.74$0.55$0.19