Nonprofit · EIN 26-1809669
LEAP FOUNDATION INC
Tax-exempt · LOS ANGELES, CA 90067
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $887,158 | $853,562 | $33,596 | $48,045 | $668,414 | -$620,369 |
| December 31, 2023 | 990 | $632,896 | $613,106 | $19,790 | $23,662 | $677,627 | -$653,965 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $701,420
- Program service revenue
- $185,738
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $90,000
- Salaries, compensation and benefits (total)
- $103,323
- Professional fundraising fees
- $0
- Accounting fees
- $3,355
- Occupancy
- $44,947
- Travel
- $30,937
- Program services (functional)
- $694,458
- Management and general (functional)
- $101,476
- Fundraising (functional)
- $57,628
Balance sheet and other
- Total assets, start of year
- $23,662
- Total assets, end of year
- $48,045
- Total liabilities, end of year
- $668,414
- Net assets, end of year
- -$620,369
- Net assets without donor restrictions
- -$620,369
- Gross receipts
- $887,158
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2008
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES MCCASLIN EFF 22924 | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $80,000 |
| CHARLIE GALLAGHER RESIGNED 22824 | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $10,000 |
| GARY DORFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DR WILLIAM DORFMAN | PRESIDENT Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLIE GALLAGHER | EXECUTIVE DIRECTOR Officer | 40 | $76,667 |
| CHARLIE GALLAGHER | EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $0 |
| GARY DORFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2080 CENTURY PARK E STE 1601, LOS ANGELES, CA 90067-2019
- In care of
- % DANIELLE MOHILEF
- Principal officer (990 for 2024)
- DR WILLIAM DORFMAN, 2080 CENTURY PARK EAST 415, LOS ANGELES, CA 90067
- Signed the 990
- JAMES MCCASLIN, EXECUTIVE DIRECTOR
- Phone
- (877) 855-5327
- Website
- WWW.LEAPFOUNDATIONUSA.ORG
- Return prepared by
- WILLIAM W HURTT CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 26-1809669 or by the name LEAP FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE MISSION OF LEAP IS TO HELP HIGH SCHOOL AND COLLEGE STUDENTS, AS WELL AS RECENT GRADUATES GET AHEAD IN LIFE. WE DO THIS BY HOSTING A ONE WEEK SUMMER PROGRAM AT UCLA WHERE THE CURRICULUM IS BASED ON EXPERIENCES OF THOSE WHO HAVE ACCOMPLISHED GREAT SUCCESS - BOTH PROFESSIONALLY AND PERSONALLY. WE ARE NON-PROFIT ORGANIZATION COMMITTED TO DEVELOPING MENTOR RELATIONSHIPS AND HELPING TODAY'S YOUTH SUCCEED.
Program accomplishments
- THE LEAP LEADERSHIP PROGRAM CONSISTS OF A SERIES OF WORKSHOPS, SEMINARS, LECTURES, GUEST SPEAKERS, GROUP DISCUSSIONS AND OTHER EDUCATIONAL ACTIVITIES THAT ARE DESIGNED FOR STRUGGLING STUDENTS, AGES 15 TO 24. THE LEAP PROGRAM PROVIDES USEFUL TACTICS AND EMBEDDED KNOWLEDGE THAT HELPS STUDENTS GET A COMPETITIVE EDGE OVER THEIR PEERS FOR JOBS, INTERNSHIPS AND ADMISSION TO GRADUATE SCHOOL AND PAVES THE WAY FOR ACADEMIC AND PERSONAL EXCELLENCE. IN 2011, THE LEAP STUDENT BODY REPRESENTED 43 OF THE 50 U.S. STATES AND 6 COUNTRIES, INCLUDING CANADA.Expenses $694,458 · revenue $185,738
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1809669
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $48,045
- Income (IRS master file)
- $887,158
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $887,158 | $853,562 | $48,045 | IRS |
| 990 | December 2023 | $632,896 | $613,106 | $23,662 | XML |
| 990 | December 2022 | $717,070 | $696,055 | $417,796 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1809669).
Questions about LEAP FOUNDATION INC
- What is the EIN of LEAP FOUNDATION INC?
- The employer identification number (EIN) of LEAP FOUNDATION INC is 26-1809669.
- Is LEAP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to LEAP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEAP FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEAP FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEAP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LEAP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names DR WILLIAM DORFMAN.
- Who are the officers and directors of LEAP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $80,000 (JAMES MCCASLIN EFF 22924, EXECUTIVE DIRECTOR).
- How much revenue does LEAP FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $887,158, expenses of $853,562 and total assets of $48,045 at year end.
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