LANSING, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LEAP FOUNDATION INC, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $199K in total revenue in fiscal year 2024. Expenses of $229K exceeded revenue, resulting in a 15% operating deficit.
TO SPUR ECONOMIC DEVELOPMENT AND RETAIN INTELLECTUAL CAPITAL IN THE TRI-COUNTY AREA. SUCH ACTIVITIES ARE LIMITED TO EXEMPT PURPOSES SET FORTH IN INTERNAL REVENUE CODE SECTION 501(C)(3). THE PRIMARY PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $198,762 | $191,401 | +0.0% |
| Expenses | $228,762 | $226,401 | +0.0% |
| Net Income | $-30,000 | $-35,000 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LISA CORLESS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DON MCNABB | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK MCDANIEL | TREASURER/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY BENSON | PAST CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES JV ANDERTON | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| APRIL CLOBES | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA DUBIEL | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TICO DUCKETT | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAT GILLESPIE | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIE MANN | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRK RAY | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR STEVEN ROBINSON | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CARRIE ROSINGANA | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DONALD E SIMON | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JO SPERRY | AT LARGE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT L TREZISE JR | PRESIDENT & CEO | 1.00 |
Officer
|
$0 | $54,838 | $450,650 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $198,762 | $228,762 | $77,739 | $-30,000 |
| 2023 | $191,401 | $226,401 | $100,822 | $-35,000 |
| 2022 | $240,553 | $155,553 | $105,822 | $85,000 |
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