Leadership Education and Athletics in Partnership Inc

Nonprofit profile at a glance

EIN
222906547
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
New Haven, CT, USA
Phone
2037730770
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$7,483,002
Expenses
$7,412,841
Assets
$7,236,091
Liabilities
$267,887

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Highest reported compensation

  • RACHEL KLINE BROWN (DIR. OF DEVE): $146,345 total reported compensation
  • HENRY FERNANDEZ (EXECUTIVE DI): $90,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Leap empowers young people to be leaders who create a nurturing community for children in need. We believe that families in all neighborhoods deserve access to learning opportunities that inspire a broad world view and encourage young people to embrace their limitless potential.

What it reported doing in 2024

Leap is a free year-round after-school and summer camp mentoring program that provides academic, athletic, and social enrichments for new haven youth, all free of charge. Leap is structured in a multi-level mentoring fashion divided into three tiers: a children's program (ages 7-12), a leaders in training (lit) program (ages 13-15), and a youth development program (ages 16-24). Leap is new haven's largest employer with well over 200 young people working for leap each year. By employing youth and providing them with the resources they need to thrive, leap actively serves new haven's at-risk youth population. Over 1,000 children ages 7-12 attend leap after school monday-thursday (with saturday programming available as well) per year. Taught and mentored by high school and college student counselors, children receive homework help as well as instruction through a literacy-based curriculum. In addition, the children participate in a variety of enrichment "resources" such as swimming, computer education and coding, healthy cooking, dance, tennis, gardening, painting and chess. Youth ages 13-15 are enrolled in our leaders in training (lit) program. In addition to providing tutoring and homework help, this program is geared toward providing workshops designed to foster social, emotional, and physical growth. Lits also participate in resources geared toward teaching life skills such as cooking, swimming, theater and dance. Lits implement a community service project each semester in order to develop organizational skills and foster a mindset of community betterment. Lastly, in line with leap's mentoring model, lits are tasked with mentoring and teaching younger children under supervision of older counselors. Our youth development program is for high school and college students ages 16 - 24 who serve as our junior and senior counselors. These students are employed to mentor and teach younger children. Counselors at leap learn the skills that make them career-ready while simultaneously learning how to be effective mentors and educators. The students participate in a variety of professional development workshops including resume writing, interview skilss, financial management, mental health, substance abuse prevention, public speaking and effective communication.

Operating model

Revenue model
Affiliate-supported. 65% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.5%; rating input score 83
  • Program expense ratio: 83.2%; rating input score 83
  • Fundraising efficiency: $13.81 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: 0.9%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 15% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 11.7% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 82.5% of revenue deployed · 83.2% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.2M in reported program spending
  • Leadership: top reported pay $146K · 16 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.