Nonprofit · EIN 47-1445061
LEAP FOR EDUCATION INC
Tax-exempt · SALEM, MA 01970
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,495,189 | $2,748,170 | -$252,981 | $1,638,805 | $383,295 | $1,255,510 |
| June 30, 2024 | 990 | $2,813,804 | $2,797,132 | $16,672 | $2,021,281 | $512,790 | $1,508,491 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,300,574
- of which government grants
- $658,079
- Program service revenue
- $0
- Investment income
- $52,532
- Net income from fundraising events
- $142,083
- Other revenue
- $142,083
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $135,240
- Other salaries and wages
- $1,867,347
- Salaries, compensation and benefits (total)
- $2,322,073
- Professional fundraising fees
- $0
- Accounting fees
- $50,776
- Occupancy
- $131,593
- Travel
- $4,845
- Depreciation
- $1,444
- Program services (functional)
- $2,205,792
- Management and general (functional)
- $296,374
- Fundraising (functional)
- $246,004
Balance sheet and other
- Total assets, start of year
- $2,021,281
- Total assets, end of year
- $1,638,805
- Total liabilities, end of year
- $383,295
- Net assets, end of year
- $1,255,510
- Land, buildings and equipment
- $2,888
- Net assets without donor restrictions
- $1,172,202
- Net assets with donor restrictions
- $83,308
- Gross receipts
- $2,532,671
- Employees
- 188
- Year formed
- 2014
- State of legal domicile
- MA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Linda Saris | Executive Director Trustee or director, Key employee | 40 | $135,240 | $8,418 |
| Connie Rudnick Grayson | Board Chair Trustee or director, Officer | 1 | $0 | $0 |
| Valerie Fox | Director Trustee or director | 1 | $0 | $0 |
| Dr Raminder Luther | Director Trustee or director | 1 | $0 | $0 |
| Daniel Richard | Director Trustee or director | 1 | $0 | $0 |
| Brian Castellanos | Director Trustee or director | 1 | $0 | $0 |
| Jody Goldman | Treasurer and Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Lydia Smyers | Clerk Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Linda Saris | Executive Director Trustee or director, Key employee | 40 | $106,280 | $6,764 |
| Dr Raminder Luther | Director Trustee or director | 1 | $0 | $0 |
| Daniel Richard | Director Trustee or director | 1 | $0 | $0 |
| Brian Castellanos | Director Trustee or director | 1 | $0 | $0 |
| Jessica Huizenga | Director part year Trustee or director | 1 | $0 | $0 |
| Derek Gaskins | Director Trustee or director | 1 | $0 | $0 |
| Jody Goldman | Treasurer and Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Lydia Smyers | Clerk Trustee or director, Officer | 1 | $0 | $0 |
| Connie Rudnick Grayson | Board Chair Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 35 CONGRESS ST STE 102, SALEM, MA 01970-5567
- In care of
- % C/O LINDA E SARIS
- Mailing address (990-N for 2014)
- 209 Essex St, Salem MA 01970
- Principal officer (990-N for 2014)
- Linda E Saris, 38 Stanwood Road, Swampscott MA 01907
- Signed the 990
- LINDA SARIS, Executive Director
- Phone
- (978) 740-6667
- Website
- www.leap4ed.org
- Return prepared by
- Melissa Gilroy CPA
Mission
To provide academic, post secondary and career services to underserved students in grades 6-16.
Program accomplishments
- Providing academic services to low income and first generation students in grades 6 - 16.Expenses $2,205,792
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1445061
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $1,638,805
- Income (IRS master file)
- $2,532,671
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,495,189 | $2,748,170 | $1,638,805 | XML |
| 990 | June 2024 | $2,813,804 | $2,797,132 | $2,021,281 | XML |
| 990 | June 2023 | $2,587,311 | $2,336,041 | $2,074,713 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2014 Officer: Linda E Saris | June 30, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-1445061).
Questions about LEAP FOR EDUCATION INC
- What is the EIN of LEAP FOR EDUCATION INC?
- The employer identification number (EIN) of LEAP FOR EDUCATION INC is 47-1445061.
- Is LEAP FOR EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to LEAP FOR EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEAP FOR EDUCATION 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 FOR EDUCATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEAP FOR EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LEAP FOR EDUCATION INC?
- The 990-N for 2014 names Linda E Saris.
- Who are the officers and directors of LEAP FOR EDUCATION INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $135,240 (Linda Saris, Executive Director).
- How much revenue does LEAP FOR EDUCATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,495,189, expenses of $2,748,170 and total assets of $1,638,805 at year end.
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