Leap Charities
- Assets
- $6.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 14
- Location
- Boise, ID
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-1738122
Organization Overview
Leap Charities, operating under the name Welcome Housing Yes You Can Leap Roc, is located in Boise, ID. The organization was established in 2008. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Welcome Housing Yes You Can Leap Roc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welcome Housing Yes You Can Leap Roc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Welcome Housing Yes You Can Leap Roc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 60.2% each year . All expenses for the organization totaled $874.8k during the year ending 12/2021. While expenses have increased by 68.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LEAP HOUSING WAS FOUNDED IN BOISE, IDAHO IN 2008 - THEIR MISSION IS TO DEVELOP AND PRESERVE AFFORDABLE HOUSING WHILE PROVIDING EMPOWERING SERVICES THAT LEAD TO GREATER HOUSING STABILITY. LEAP HOUSING IS A BOISE-BASED NONPROFIT WHO BELIEVES ALL PEOPLE DESERVE AN OPPORTUNITY TO ACCESS A SAFE, STABLE, AND AFFORDABLE HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFORDABLE HOUSING DEVELOPMENT: DEVELOPING AFFORDABLE HOUSING THROUGH INNOVATIVE CONSTRUCTION AND FINANCING PROCESSES.
LEAP ROC: WORKING TO HELP MOBILE PARK RESIDENTS TO BUY THEIR LAND FROM THE OWNER AND RUN IT AS A COOPERATIVE.
YYC: YES YOU CAN IS A MENTORSHIP-STYLE HOME PURCHASE PROGRAM FOR THOSE FACING BARRIERS TO HOMEOWNERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bart Cochran CEO | OfficerTrustee | 20 | $59,535 |
Brian Woodward COO | Officer | 20 | $41,995 |
Jerry Brady President | OfficerTrustee | 1 | $0 |
Meggan Manlove Board Member | Trustee | 1 | $0 |
Matthew Keller Board Member | Trustee | 1 | $0 |
Dhafer Alfutayhi Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $77,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,193,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,270,800 |
| Total Program Service Revenue | $333,777 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $158,682 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,765,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,530 |
| Compensation of current officers, directors, key employees. | $36,419 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,028 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,319 |
| Payroll taxes | $32,027 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,508 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $28,620 |
| Royalties | $0 |
| Occupancy | $97,877 |
| Travel | $3,823 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,398 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,106 |
| Insurance | $18,639 |
| All other expenses | $0 |
| Total functional expenses | $874,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $515,294 |
| Savings and temporary cash investments | $2,240 |
| Pledges and grants receivable | $508,102 |
| Accounts receivable, net | $155,711 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $75,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,548 |
| Net Land, buildings, and equipment | $4,606,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,681 |
| Other assets | $1,042,796 |
| Total assets | $6,936,762 |
| Accounts payable and accrued expenses | $304,902 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,843,010 |
| Unsecured mortgages and notes payable | $180,000 |
| Other liabilities | $0 |
| Total liabilities | $4,327,912 |
| Net assets without donor restrictions | $2,608,850 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,936,762 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Leap Charities has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Teams International Tigard, OR | $43,129,775 | $57,004,022 |
Panorama Global Seattle, WA | $45,204,224 | $43,110,179 |
Doterra Healing Hands Foundation Pleasant Grove, UT | $7,231,777 | $11,842,718 |
Health Alliance International Seattle, WA | $1,404,017 | $8,275,089 |
Ashesi University Foundation Seattle, WA | $12,782,442 | $4,145,019 |
Agros International Seattle, WA | $3,399,558 | $4,102,403 |
Central Asia Institute Bozeman, MT | $9,782,044 | $2,522,189 |
Na Ah Illahee Fund Seattle, WA | $3,416,463 | $4,496,691 |
Center For Humanitarian Outreach And Intercultural Exchange West Jordan, UT | $2,351,499 | $3,610,441 |
World Concern Development Organization Shoreline, WA | $2,234,815 | $2,856,478 |
One Drop Foundation Inc Las Vegas, NV | $3,299,292 | $3,234,990 |
Forward Edge International Brush Prairie, WA | $1,950,327 | $2,648,381 |