GREAT LEAP INC

EIN: 953337990 501(c)(3) Arts, Culture & Humanities

Los Angeles, CA

Total Revenue
$226,163
Total Expenses
$122,590
Total Assets
$234,803
Net Assets
$232,311
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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
1978
Legal Domicile
CA
Principal Officer
Alison De La Cruz
Phone
3108501287
Tax Period
2022-01-01 to 2022-12-31

GREAT LEAP INC, founded in 1978, is a small nonprofit in the Arts, Culture & Humanities sector that reported $226K in total revenue in fiscal year 2022. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 46% operating margin.

Mission

To use art and artists to foster understanding between communities.

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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 (2022)

Revenue Breakdown

Contributions & Grants $164,256
Program Service Revenue $61,904
Investment Income $3
Other Revenue $0
TOTAL REVENUE $226,163

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,206
Fundraising Expenses $7,590
Program Expenses $92,096
Other Expenses $118,384
TOTAL EXPENSES $122,590

Year-over-Year Comparison

2022 2021 Change
Revenue $226,163 $77,498 +1.9%
Expenses $122,590 $73,057 +0.7%
Net Income $103,573 $4,441 +22.3%
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
8
Independent Members
7
Employees
1
Volunteers
N/A

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
$15,079
Key Employees
1
$15,079
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nobuko Miyamoto Ex- Officio 040.00
Director Key Emp Highest
$0 $0 $15,079
Meryl Marshall-Daniels President 001.50
Officer Director
$0 $0 $0
Clara Chiu Vice-President 001.50
Officer Director
$0 $0 $0
Eugene Ahn Member 001.50
$0 $0 $0
Ken Hayashi Member 001.50
$0 $0 $0
Quetzal Flores Member 001.50
$0 $0 $0
Dr Deborah Wong Member 001.50
$0 $0 $0
Angela Moreira Member 001.50
$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
2022 $226,163 $122,590 $234,803 $103,573
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