GREAT LEAP FORWARD (EIN 271220095) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

MOJGAN HAKIMI

Phone

3104745355

Tax Period

2023-01-01 to 2023-12-31

GREAT LEAP FORWARD, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $186K in total revenue in fiscal year 2023. Revenue surged 96% from the prior year, signaling strong growth momentum.

Mission

WE SUPPORT, EMPOWER AND ENABLE INDIVIDUALS IN NEED. GREAT LEAP FORWARD HAS MANY DIVERSE PATHWAYS TO DELIVER ITS COMMUNITY-BASED SERVICES TO THOSE IN NEED AND AT THE CURRENT TIME THE MAIN SEGMENTS INCLUDE: ADVISING LOCAL SMALL BUSINESSES THROUGH DIVERSE COMMUNITY-BASED SERVICES INCLUDING CONFERENCES, CONTINUING EDUCATION AND COACHING.IN ECONOMICALLY CHALLENGED AREAS, EMPOWERING WOMEN THROUGH CONFERENCES AND CONTINUING EDUCATION, HELPING REFUGEES, IMMIGRANTS AND LOW INCOME PEOPLE BOTH AT HOME AND ABROAD, USING ART AS A TOOL FOR HEALING TRAUMA, MENTAL AND EMOTIONAL HEALTH SERVICES AND ASSISTANCE FOR MINORITIES AND OTHER DISENFRANCHISED GROUPS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $84,560

Program Service Revenue $100,994

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,554

Expense Breakdown

Grants Paid $55,372

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $194,062

Other Expenses $144,641

TOTAL EXPENSES $200,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,554	$94,752	+1.0%
Expenses	$200,013	$66,672	+2.0%
Net Income	$-14,459	$28,080	-1.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOJGAN HAKIMI	PRESIDENT	10.00	Officer Director	$0	$0	$0
DANIEL HAKIMI	DIRECTOR OF FINANCE	2.00	Officer Director	$0	$0	$0
MICHAEL HAKIMI	SECRETARY	2.00	Officer Director	$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	$185,554	$200,013	$36,969	$-14,459
2022	$94,752	$66,672	$51,428	$28,080
2021	$25,913	$52,328	$23,348	$-26,415
2020	$65,448	$39,688	$49,763	$25,760
2019	$549,927	$525,924	$24,003	$24,003

GREAT LEAP FORWARD