ILEAP

EIN: 201347313 501(c)(3) Education

Seattle, WA

Total Revenue
$349,552
Total Expenses
$369,543
Total Assets
$151,957
Net Assets
$-368,404
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
WA
Principal Officer
Harold Taniguchi
Phone
2065885327
Tax Period
2023-01-01 to 2023-12-31

ILEAP, founded in 2005, is a small nonprofit in the Education sector that reported $350K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

to nurture a new generation of globally-minded leaders with the inner and outer resources to pursue lives of purpose and to advance social good in the world.

Program Service Accomplishments

Program 1
Expenses: $169,825 Revenue: $99,825

The iLEAP Global Leadership Academy (GLA) encompasses all of iLEAP's fullly online/distance programs. The GLA was created due to the COVID-19 pandemic and the programs are for high school students...

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The iLEAP Global Leadership Academy (GLA) encompasses all of iLEAP's fullly online/distance programs. The GLA was created due to the COVID-19 pandemic and the programs are for high school students, college-aged students and young professionals. Topics covered include leadership, management, climate change, food systems, gender, and diversity, equity and inclusion.

Program 2
Expenses: $199,718 Revenue: $147,357

Perennial Leadership is a fiscally sponsored program of iLEAP that has its origins in iLEAP as the iLEAP International Fellowship. Perennial participants are from Africa, Asia, Latin America and the...

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Perennial Leadership is a fiscally sponsored program of iLEAP that has its origins in iLEAP as the iLEAP International Fellowship. Perennial participants are from Africa, Asia, Latin America and the Middle East and they participate in different online programs that range in length from 1 to 4 weeks in length. Programs in 2022 emphasized leadership and wellbeing practices.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $349,552
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $349,552

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $369,543
Other Expenses $369,543
TOTAL EXPENSES $369,543

Year-over-Year Comparison

2023 2022 Change
Revenue $349,552 $302,954 +0.2%
Expenses $369,543 $420,902 -0.1%
Net Income $-19,991 $-117,948 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harold Taniguchi Chair 1
Director
$0 $0 $0
JB Hoover Vice-Chair and Secretary 1
Director
$0 $0 $0
Francis Janes Treasurer 1
Director
$0 $0 $0
Britt Yamamoto Executive Director 10
Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $349,552 $369,543 $151,957 $-19,991
2022 $302,954 $420,902 $482,537 $-117,948
2021 $445,389 $426,260 $390,725 $19,129
2020 $611,477 $602,669 $343,223 $8,808
2019 $705,812 $447,402 $253,615 $258,410
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