Overview
What is Leap Inc?
Leap Inc, operating under the name Brooklyn Workforce Innovations, is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to empower low and moderate-income individuals by providing access to well-paying employment opportunities and career paths. They strive to counteract prevailing market inequalities and contribute to a broader movement for economic justice. One of their initiatives is RED HOOK ON THE ROAD, a four-week commercial driving training program. This program prepares participants for roles as drivers of various commercial vehicles, including trucks, school buses, and paratransit vehicles. The course encompasses industry-specific skills, such as map-reading and behind-the-wheel instruction, as well as job readiness and soft skills training. In the fiscal year 2022, they enrolled 192 individuals and graduated 92%. Of the graduates, 78% have obtained their CDL certification, and 77% of those licensed have secured employment, with starting wages averaging $22.89 per hour.
Official website here: www.bwiny.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that Leap Inc has demonstrated exceptional performance, earning a Four-Star out of Four Star rating. This high score reflects the organization's strong accountability and finance practices, with an impressive 97% in this area, showcasing effective management of resources and transparency.
The organization excels in impact and measurement, achieving a perfect score of 100%. This suggests that Leap Inc effectively evaluates its programs and uses feedback to enhance its services, aligning well with the needs of its community. Additionally, Leap Inc scores highly in culture and community, indicating a positive organizational environment that fosters engagement and support.
Despite its strengths, there is a noted area for improvement in its accountability and finance score, which, although high, could benefit from further enhancements to ensure ongoing transparency. Overall, Leap Inc stands out as a well-managed nonprofit with a significant impact, especially in its commitment to community engagement and resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Leap Inc legitimate?
Leap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leap Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $276,295
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,368,499
For more financial information, click here
Official website here: www.bwiny.org
What is the mission statement of Leap Inc?
Leap Inc, as an organization, aims to empower low and moderate income individuals by providing them with access to living-wage employment opportunities and career paths. The mission of Leap Inc is to develop programs that challenge prevailing market inequalities and contribute to a broader movement for economic justice. One of their initiatives, Red Hook on the Road, is a commercial driving training program that prepares participants for jobs as drivers of various commercial vehicles. The program includes industry-specific skills training, job readiness, and soft skills development. In the fiscal year 2022, Leap Inc enrolled 192 individuals into this training program, with 92% graduating. Of those graduates, 78% have obtained their Commercial Driver's License (CDL) certification, and 77% of licensed individuals have been connected to employment. The average starting wage for these employed graduates is $22.89 per hour.
Official website here: www.bwiny.org
Who is the CEO of Leap Inc?
Aaron Shiffman is the Secretary of Leap Inc.
Official website here: www.bwiny.org
What is the revenue of Leap Inc?
Leap Inc's revenue in 2022 was $6,063,090.
Official website here: www.bwiny.org
Who are the executives of Leap Inc and what are their salaries?
The average compensation at Leap Inc during 2022 was $37,783. There are 70 employees and 15 volunteers at Leap Inc.
Here are 19 key members and their salaries:
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- Compensation: $188,090
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- Other: $5,753
- Compensation: $107,254
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- Other: $5,151
Official website here: www.bwiny.org
Where can I find the form 990 for Leap Inc?
Leap Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bwiny.org
Learn more at the official website: www.bwiny.org
Mission Statement of Leap Inc
Leap Inc, a nonprofit organization, empowers low and moderate-income individuals by providing them with access to living- wage employment opportunities and career paths. The mission of Leap Inc is to counter prevailing market inequalities and contribute to a broader movement for economic justice. The organization aims to develop programs that help these individuals overcome barriers to employment and achieve financial stability.
In fulfilling its mission, Leap Inc offers various programs, one of which is Red Hook on the Road. This commercial driving training program prepares participants for jobs as drivers of Class B/BPS commercial vehicles, such as trucks, school buses, and airport shuttle buses. The four-week course includes industry-specific skills training, including map-reading and behind-the-wheel instruction, as well as job readiness and soft skills training, such as mock interviews and customer service skills training. In FY22, Leap Inc enrolled 192 individuals into the training program, graduating 92%. As of now, 78% of the graduates have obtained their CDL certification, and 77% of those licensed have been connected to employment. Starting wages for working graduates average $22.89 per hour.
By offering programs like Red Hook on the Road, Leap Inc seeks to empower individuals and help them gain access to livable-wage jobs, ultimately contributing to a more equitable and just society. The organization's mission is to break down barriers to employment and provide opportunities for those who may otherwise be left behind, aligning with the broader movement for economic justice.
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Impact
July, 2024
Leap Inc's impact is substantial in empowering low and moderate-income individuals by providing access to living-wage employment opportunities and career paths. Through programs like Red Hook on the Road, which offers commercial driving training, Leap Inc has successfully enrolled 192 individuals in FY22, with a high graduation rate of 92%. Moreover, 78% of graduates have obtained CDL certification, and 77% of them have been connected to employment. This initiative has not only equipped individuals with industry-specific skills but also enhanced their job readiness and soft skills, leading to an average starting wage of $22.89 per hour for working graduates. Leap Inc's efforts align with its mission to counter prevailing market inequalities and contribute to a broader movement for economic justice, making a tangible difference in the lives of those it serves.
This information is meant to be a general summary of Leap Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,715
- Program Service Revenue: $366,582
- Gross Receipts: $6,098,624
Assets and Liabilities:
- Total Assets: $6,400,677
- Total Liabilities: $1,978,869
- Net Assets: $4,421,808
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WOODWORKER TRAINING
Revenue
$193,075
SUBCONTRACTING INCOME
Revenue
$173,507
Organization Details
Founding Year
1992
Phone
(718) 237-2017Principal Officer
Aaron Shiffman
Main Address
621 DEGRAW STREET, BROOKLYN, NY, 11217
Website
www.bwiny.orgNTEE Category
Code: L20Z - Housing
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