LEADERSHIP EDUCATIONAL ACHIEVEMENT AND PROSPERITY INC

EIN: 833466156 501(c)(3) Education

SMITHFIELD, UT

Total Revenue
$289,716
Total Expenses
$169,218
Total Assets
$283,998
Net Assets
$283,998
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
UT
Principal Officer
RIGO CHAPARRO
Phone
4357704798
Tax Period
2023-01-01 to 2023-12-31

LEADERSHIP EDUCATIONAL ACHIEVEMENT AND PROSPERITY INC, founded in 2019, is a small nonprofit in the Education sector that reported $290K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 42% operating margin.

Mission

THE MISSION STATEMENT AND PURPOSE OF THE LEADERSHIP, EDUCATIONAL ACHIEVEMENT, AND PROSPERITY (LEAP) ORGANIZATION IS TO REMOVE BARRIERS THAT LIMIT STUDENT SUCCESS, AND ENSURE THE LATINO STUDENTS IN OUR PUBLIC SCHOOLS GRADUATE WITH THE ABILITY TO PURSUE POST-SECONDARY EDUCATION INCLUDING OPTIONS STUDENTS MAY HAVE PREVIOUSLY CONSIDERED BEYOND THEIR REACH.WE WILL ACCOMPLISH THIS BY WORKING CLOSELY WITH COMMUNITY BUSINESSES AND POST-SECONDARY INSTITUTIONS TO PROVIDE AND PROMOTE PERSONAL MENTORING AND SCHOLARSHIPS. WE WILL CONTINUE TO PROMOTE PARENT INVOLVEMENT, INCREASE EFFECTIVE COMMUNICATION BETWEEN THE SCHOOLS AND THE SPANISH SPEAKING COMMUNITY, AND CELEBRATE THE CONTRIBUTIONS OF LATINO STUDENTS AND FAMILIES TO OUR COMMUNITY.WE BELIEVE THIS WILL INCREASE THEIR CHANCES OF INDIVIDUAL SUCCESS, AND ALLOW THEM TO PROMOTE THE SUCCESS AND ENRICHMENT OF THE COMMUNITY THEY LIVE IN.

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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 $291,750
Program Service Revenue $0
Investment Income $0
Other Revenue $-2,034
TOTAL REVENUE $289,716

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $169,218
Other Expenses $169,218
TOTAL EXPENSES $169,218

Year-over-Year Comparison

2023 2022 Change
Revenue $289,716 $209,150 +0.4%
Expenses $169,218 $77,501 +1.2%
Net Income $120,498 $131,649 -0.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
1

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RIGOBERTO CHAPARRO PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
LISA CHAPARRO SECRETARY/TREASURER/DIRECT 1.00
Officer Director
$0 $0 $0
TODD HALLOCK DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $289,716 $169,218 $283,998 $120,498
2022 $209,150 $77,501 $163,500 $131,649
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