LEAP YEAR INC (EIN 811224809) - 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

2017

Legal Domicile

Principal Officer

AMBER SCOTT

Phone

4045009946

Tax Period

2024-07-01 to 2025-06-30

LEAP YEAR INC, founded in 2017, is a small nonprofit in the Education sector that reported $554K in total revenue in fiscal year 2024. Expenses of $753K exceeded revenue, resulting in a 36% operating deficit.

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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $545,735

Program Service Revenue $0

Investment Income $0

Other Revenue $8,502

TOTAL REVENUE $554,237

Expense Breakdown

Grants Paid $174,667

Salaries & Benefits $474,197

Fundraising Expenses $9,500

Program Expenses $611,606

Other Expenses $103,663

TOTAL EXPENSES $752,527

Year-over-Year Comparison

	2024	2023	Change
Revenue	$554,237	$569,914	0.0%
Expenses	$752,527	$628,137	+0.2%
Net Income	$-198,290	$-58,223	+2.4%

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

$96,918

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMBER SCOTT	EXECUTIVE DI	40.00	Officer	$96,918	$0	$96,918
AISHA ARBUCKLE	BOARD MEMBER	N/A	Director	$0	$0	$0
GEORGE CREWS	BOARD MEMBER	N/A	Director	$0	$0	$0
AYANA GREER	BOARD MEMBER	N/A	Director	$0	$0	$0
HEATHER HALLETT	BOARD MEMBER	N/A	Director	$0	$0	$0
JACKIE JENKINS-SCOTT	BOARD MEMBER	N/A	Director	$0	$0	$0
JAMES STEINBERG	BOARD MEMBER	N/A	Director	$0	$0	$0
BRIA STEVENS	BOARD MEMBER	N/A	Director	$0	$0	$0
SPENCER TYSON	BOARD MEMBER	N/A	Director	$0	$0	$0
BRIAN DAY	TREASURER	N/A	Officer	$0	$0	$0
STEPHEN HENRIQUES	VICE CHAIR	N/A	Officer	$0	$0	$0
THOMAS SMITH	SECRETARY	N/A	Officer	$0	$0	$0
BENJAMIN TOLBERT	CHAIR	N/A	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	$554,237	$752,527	$169,105	$-198,290
2024	$569,914	$628,137	$381,537	$-58,223
2023	$720,244	$595,570	$445,847	$124,674
2022	$471,232	$437,817	$332,998	$33,415
2021	$443,083	$250,696	$293,052	$192,387

LEAP YEAR INC