Leap Into Life Inc

Nonprofit profile at a glance

EIN
205479895
IRS 990-EZ coverage
2011–2012
Forms available
Form 990 2010, Form 990-EZ 2012
Location
Bigfork, MT, USA
Phone
4068375327
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Reported finances

Revenue
$86,373
Expenses
$106,669
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

3 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The goal of the leap program is to enrich the lives of our community youth by providing quality after school programs and activities. We provide a safe, educational, and fun place for children of working parents or children in need of a place to go after school, during holdiays or summer break.

What it reported doing in 2012

The leap program has provided a quality after school program and has had a positive effect on children and the community at many different levels. Leap provides a safe, educational, fun place for children of working parents or children that need a place to go after school, during holidays or summer break. The program includes cooking, gymnastics, outdoor sports, academic tutoring, visual arts, music, drama, circus arts, community projects and much more.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 87% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 75
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.7%; rating input score 85

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -23.5%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -68.7% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -39.5% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -96.7% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $90K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2011 to 2012
  • 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.

  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.