Leap Inc

What it reported doing in 2024

"made in ny" production assistant training program: the "made in ny" production assistant (pa) training program connects underrepresented new yorkers with careers in tv and film production through hands-on training. The intensive four-week program is offered in partnership with the nyc mayor's office of media and entertainment. Participants learn set and office production assistant skills and are placed in jobs on feature films, episodic and reality tv, commercials, music videos and other productions. In 2025, this program enrolled 80 individuals, graduating 96%. Thus far, 62% of graduates have been connected to employment and are earning an average of $25.67/hour. Placements for 2025 are still being impacted by writers (wga) and actors (sag-aftra) strikes, and the subsequent threat of strikes by other industry unions, but as the industry recovers, robust hiring in nyc is expected to resume. "made in ny" post production training program: the "made in ny" post production program offers five weeks of training on industry-standard post production software and certification by the New York city mayor's office of media and entertainment. The program prepares graduates each year for entry-level positions at post production companies. Entry-level positions often lead to exposure to more technical facets of post production and can help establish a pathway to a more specialized role in the field. In 2025, this program enrolled 45 individuals, graduating 97% and thus far placing 34% of graduates in jobs earning $30.31/hour. Like the production assistant training program, the nationwide writers (wga) and actors (sag-aftra) strikes impacted placements for this program, but hiring demand is expected to rebound in the year ahead. Brooklyn networks: brooklyn networks is bwi's information and communications technology program, which offers access to jobs installing and maintaining computer, voice, data, video, and security system cabling. This six-week, full-time training program is led by industry experts and served 61 individuals in 2025, graduating 85% of enrollees. Graduates have the opportunity to obtain their industry-recognized building industry consulting service international ("bicsi") certification and quickly begin work in the field. At this time, 89% of graduates are bicsi certified, and bwi has placed 80% of credentialed graduates from the 2025 cohort into jobs earning an average of $20.46/hour. Brooklyn workforce collaboration: the customized training program offers training tailored to specific hiring demands, with a particular focus on growing sectors of New York city's economy. Training programs are developed based on specific employer demand. Bwi has piloted successful training programs in preparation for roles in the affordable housing industry, solar installation, and the tech sector. In 2025, the program operated two initiatives: the housing career pathways program and the kindwork customer experience fellowship. In total, the program served 112 individuals and 80% of those enrolled graduated. Thus far, 70% of graduates have been placed in jobs earning an average of $23.26/hr.

Financial Efficiency

• Mission deployment rate: 83.5%; rating input score 84
• Program expense ratio: 84.2%; rating input score 84
• Fundraising efficiency: $10.68 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 91.7%; rating input score 92; 22nd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.9%; rating input score 41; 41st percentile among comparable filings
• Total-asset coverage ratio: 1.76; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
• Officer compensation ratio: 13.9%; rating input score 21; 21st percentile among comparable filings

Growth

• Program expense growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
• Revenue growth: 7.6% per year; rating input score 100; 57th percentile among comparable filings
• Asset growth: 15.2% per year; rating input score 100; 74th percentile among comparable filings