Leap Innovations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,986,565 | 9,090,114 | −3,103,549 | 4.1 | 50% |
| 2021 | 3,731,173 | 5,233,753 | −1,502,580 | 3.5 | 59% |
| 2022 | 3,776,988 | 3,670,508 | 106,480 | 5.4 | 47% |
| 2023 | 1,088,512 | 2,019,826 | −931,314 | 4.2 | 56% |
In its most recent public year (2023), this organization spent $931,314 more than it brought in. Its reserves stood at about 4.2 months of spending. Staff pay was 56% of spending. $197,367 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works