LEAP CHARITIES INC (EIN 261738122) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

BRIAN WOODWARD

Phone

2083912823

Tax Period

2025-01-01 to 2025-12-31

LEAP CHARITIES INC, founded in 2008, is a community nonprofit in the International Affairs sector that reported $4.5M in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $1.5M, a strong 33% operating margin.

Mission

DEVELOP AND PRESERVE AFFORDABLE HOUSING WHILE PROVIDING EMPOWERING SERVICES THAT LEAD TO GREATER HOUSING STABILITY.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,483,701

Program Service Revenue $2,600,425

Investment Income $387,583

Other Revenue $0

TOTAL REVENUE $4,471,709

Expense Breakdown

Grants Paid $7,324

Salaries & Benefits $1,205,030

Fundraising Expenses $107,655

Program Expenses $2,418,038

Other Expenses $1,761,528

TOTAL EXPENSES $2,973,882

Year-over-Year Comparison

	2025	2024	Change
Revenue	$4,471,709	$5,310,586	-0.2%
Expenses	$2,973,882	$2,472,051	+0.2%
Net Income	$1,497,827	$2,838,535	-0.5%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$295,802

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY BRADY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MEGAN MANLOVE	TREASURER	1.00	Officer Director	$0	$0	$0
LAURA RIDEOUT	SECRETARY	1.00	Officer Director	$0	$0	$0
BART COCHRAN	CEO	40.00	Officer	$95,177	$459	$149,636
BRIAN WOODWARD	COO	40.00	Officer	$138,479	$7,687	$146,166
JESSICA BOGGS	BOARD MEMBER	1.00	Officer	$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
2025	$4,471,709	$2,973,882	$26,009,352	$1,497,827
2024	$5,310,586	$2,472,051	$23,749,170	$2,838,535
2023	$4,783,527	$1,828,389	$18,964,716	$2,955,138
2022	$2,005,071	$1,272,789	$10,074,975	$732,282
2021	$1,765,244	$874,799	$6,936,762	$890,445
2020	$1,326,709	$659,126	$4,868,613	$667,583
2019	$609,780	$431,783	$2,857,062	$177,997
2018	$473,775	$210,528	$1,401,071	$263,247

LEAP CHARITIES INC