Overview
What is The Leap Institute?
The Leap Institute is a nonprofit organization based in Fresno, California, with a total of 8 employees. Their mission is multifaceted, aiming to achieve social, economic, environmental, and climate justice, while fostering community resilience and social cohesion. They strive to accomplish this through innovative infrastructure projects, socio-economic innovation, human development, and progressive public policy. Their primary focus is on advancing local opportunities for healthy and safe living, creative community planning, development and redevelopment, public transportation, and environmental stewardship. The organization's goal is to create a sustainable and thriving community, where all residents can live in harmony with their environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (46%)
The Leap Institute has received a low rating of 46% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization's accountability and financial transparency. While the institute has a majority of independent board members and has shown no material diversion of assets, the absence of key financial statements and vital policies has negatively impacted its score.
Strengths include a well-structured board with an independent majority, which is crucial for governance. However, the lack of essential financial documentation, such as tax forms and policies on conflict of interest, whistleblower protections, and document retention, raises questions about the organization's practices and transparency. The program expense ratio is relatively strong at 64.86%, suggesting that a considerable portion of its funds is directed towards its programs.
Despite having some governance strengths, the significant gaps in financial reporting and policy implementation limit The Leap Institute's accountability. This situation may hinder potential donors' trust and willingness to support the organization, highlighting the need for improvements in transparency and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Leap Institute legitimate?
The Leap Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Leap Institute 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: $232,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,494
For more financial information, click here
What is the mission statement of The Leap Institute?
The Leap Institute aims to promote opportunities for healthy and safe living, creative community planning, development, and redevelopment, as well as public transportation and environmental stewardship. Their mission is to advance these causes, focusing on achieving social, economic, environmental, and climate justice, community resilience, and social cohesion. They strive to do this through innovative infrastructure projects, socio-economic innovation, human development, and progressive public policy.
Who is the CEO of The Leap Institute?
Reynaldo Leon is the Chief Executive Officer of The Leap Institute. The CEO's salary of The Leap Institute is $140,002 and their total compensation is $140,002.
What is the revenue of The Leap Institute?
The Leap Institute's revenue in 2022 was $677,600.
Who are the executives of The Leap Institute and what are their salaries?
The average compensation at The Leap Institute during 2022 was $45,058. There are 8 employees and 20 volunteers at The Leap Institute.
Here are 7 key members and their salaries (The Leap Institute's CEO's salary is $140,002 and their total compensation is $140,002):
- Compensation: $140,002
- Related: $0
- Other: $0
- Compensation: $92,970
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Leap Institute?
The Leap Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Leap Institute
The Leap Institute, a forward-thinking organization, is committed to enhancing local living standards by focusing on health, safety, and sustainable community development. Their mission encompasses the promotion of creative community planning, development, and redevelopment, as well as the advancement of opportunities for environmental and ecosystem stewardship. The Institute strives to create a harmonious balance between social, economic, environmental, and climate justice, fostering community resilience and social cohesion through innovative infrastructure projects, socio-economic innovation, human development, and progressive public policy. In essence, The Leap Institute aims to foster a healthier, safer, and more sustainable future for all.
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Impact
July, 2024
The Leap Institute in Fresno, CA, is making a significant impact by advancing local opportunities for healthy and safe living, creative community planning, development, and redevelopment. They are also promoting public transportation and opportunities for environmental and ecosystem stewardship. Through innovative infrastructure projects, socio-economic innovation, human development, and progressive public policy, The Leap Institute is working towards achieving social, economic, environmental, and climate justice. Their efforts aim to enhance community resilience, social cohesion, and overall well-being in the region.
This information is meant to be a general summary of The Leap Institute. 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: $2
- Gross Receipts: $677,600
Assets and Liabilities:
- Total Assets: $166,765
- Total Liabilities: $36,535
- Net Assets: $130,230
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Organization Details
Founding Year
2017
Phone
(559) 851-5327Principal Officer
Reynaldo Leon
Main Address
1515 E Divisadero St, Fresno, CA, 93721
NTEE Category
Code: C99 - Environment
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