Nonprofit · EIN 81-1224809
LEAP YEAR
Tax-exempt · ATLANTA, GA 30310
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $554,237 | $752,527 | -$198,290 | $169,105 | $13,492 | $155,613 |
| June 30, 2024 | 990 | $569,914 | $628,137 | -$58,223 | $381,537 | $27,634 | $353,903 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $545,735
- of which government grants
- $100,181
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $8,502
- Other revenue
- $8,502
Expenses
- Grants and similar amounts paid
- $174,667
- Compensation of officers, directors and key employees
- $87,000
- Other salaries and wages
- $310,540
- Salaries, compensation and benefits (total)
- $474,197
- Professional fundraising fees
- $0
- Accounting fees
- $20,192
- Occupancy
- $12,870
- Depreciation
- $21,025
- Program services (functional)
- $611,606
- Management and general (functional)
- $131,421
- Fundraising (functional)
- $9,500
Balance sheet and other
- Total assets, start of year
- $381,537
- Total assets, end of year
- $169,105
- Total liabilities, end of year
- $13,492
- Net assets, end of year
- $155,613
- Land, buildings and equipment
- $31,538
- Net assets without donor restrictions
- $155,613
- Gross receipts
- $560,584
- Employees
- 53
- Volunteers
- 40
- Year formed
- 2017
- State of legal domicile
- GA
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 |
|---|---|---|---|
| AMBER SCOTT | EXECUTIVE DI Officer | 40 | $96,918 |
| AISHA ARBUCKLE | BOARD MEMBER Trustee or director | – | $0 |
| GEORGE CREWS | BOARD MEMBER Trustee or director | – | $0 |
| AYANA GREER | BOARD MEMBER Trustee or director | – | $0 |
| HEATHER HALLETT | BOARD MEMBER Trustee or director | – | $0 |
| JACKIE JENKINS-SCOTT | BOARD MEMBER Trustee or director | – | $0 |
| JAMES STEINBERG | BOARD MEMBER Trustee or director | – | $0 |
| BRIA STEVENS | BOARD MEMBER Trustee or director | – | $0 |
| SPENCER TYSON | BOARD MEMBER Trustee or director | – | $0 |
| BRIAN DAY | TREASURER Officer | – | $0 |
| STEPHEN HENRIQUES | VICE CHAIR Officer | – | $0 |
| THOMAS SMITH | SECRETARY Officer | – | $0 |
| BENJAMIN TOLBERT | CHAIR Officer | – | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMBER SCOTT | EXECUTIVE DI Officer | 40 | $85,000 |
| GEORGE CREWS | BOARD MEMBER Trustee or director | – | $0 |
| BRIAN DAY | BOARD MEMBER Trustee or director | – | $0 |
| AYANA GREER-BUCK | BOARD MEMBER Trustee or director | – | $0 |
| STEPHEN HENRIQUES | BOARD MEMBER Trustee or director | – | $0 |
| JACKIE JENKINS-SCOTT | BOARD MEMBER Trustee or director | – | $0 |
| BRIA STEVENS | BOARD MEMBER Trustee or director | – | $0 |
| BENJAMIN TOLBERT | BOARD MEMBER Trustee or director | – | $0 |
| HEATHER HALLETT | CHAIR Officer | – | $0 |
| THOMAS SMITH | SECRETARY Officer | – | $0 |
| SPENCER TYSON | VICE CHAIR Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 352 UNIVERSITY AVE SW STE 123, ATLANTA, GA 30310-3630
- Principal officer (990 for 2024)
- AMBER SCOTT, 352 UNIVERSITY AVE SW S-123, ATLANTA, GA 30310
- Signed the 990
- AMBER SCOTT, EXECUTIVE DIRECTOR
- Phone
- (404) 500-9946
- Website
- WWW.THELEAPYEAR.ORG
- 990-N for 2016 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Amber Scott, 951 Glenwood Ave SE Unit 504, Atlanta GA 30316. Mailing address: 1752 Rockland Drive SE, Atlanta GA 30316. Website: www.theleapyear.org
- Return prepared by
- MILES K THOROMAN CPA PC
Mission
THE MISSION OF LEAP YEAR INC IS TO PREPARE YOUNG, TALENTED STUDENTS TO REACH THEIR ACADEMIC AND LEADERSHIP POTENTIAL BY ATTENDING COLLEGE AND BREAKING THE CYCLE OF POVERTY.
Program accomplishments
- LEAP YEAR IS A NONPROFIT ORGANIZATION THAT IS IMPROVING COLLEGE SUCCESS AND LITERACY RESULTS IN METRO-ATLANTA BY RECRUITING FIRST GENERATION HIGH SCHOOL GRADUATES TO SERVE AS SECOND GRADE READING COACHES THROUGH OUR YEAR LONG COMMUNITY SERVICE AND COLLEGE READINESS PROGRAM. DURING THE 2023-2024 SCHOOL YEAR,LEAP YEAR FELLOWS SUPPORTED OVER 300 STUDENTS AT THREE SCHOOLS: SLATER ELEMENTARY, BARACK AND MICHELLE OBAMA ACADEMY, AND FINCH ELEMENTARY SCHOOL. THE TEACHERS AT OUR PARTNER SHCOOLS REPORTED THAT HAVING FELLOWS IN THE CLASSROOM HELPED IMPROVE READING OUTCOMES FOR THEIR STUDENTS. OUR EVIDENCE-BASED ACADEMIC CURRICULUM, AND THE HARD WORK OF OUR TALENTED PROGRAM MANAGERS, RESULTED IN OUR STUDENTS IMPROVING THEIR READING SKILLS, AND OUR FELLOWS STARTING GEORGIA STATE UNIVERSITY PREPARED TO SUCCEED.Expenses $611,606 · grants $174,667
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
- 81-1224809
- 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
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B92)
- Assets (IRS master file)
- $169,105
- Income (IRS master file)
- $560,584
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $554,237 | $752,527 | $169,105 | XML |
| 990 | June 2024 | $569,914 | $628,137 | $381,537 | XML |
| 990 | June 2023 | $720,244 | $595,570 | $445,847 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2016 Officer: Amber Scott Filed under this EIN, most likely by a chapter or affiliate | December 31, 2016 | ≤ $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 81-1224809).
Questions about LEAP YEAR
- What is the EIN of LEAP YEAR?
- The employer identification number (EIN) of LEAP YEAR is 81-1224809.
- Is LEAP YEAR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to LEAP YEAR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEAP YEAR 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 YEAR 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 YEAR 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 YEAR?
- The 990 for the year ended June 30, 2025 names AMBER SCOTT.
- Who are the officers and directors of LEAP YEAR?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $96,918 (AMBER SCOTT, EXECUTIVE DI).
- How much revenue does LEAP YEAR have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $554,237, expenses of $752,527 and total assets of $169,105 at year end.
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