Latino Equity Advocacy & Policy Institute - The Leap Institute
- Assets
- $166.8k
- Revenue
- $677.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Fresno, CA
- Founding
- 06/2018
- Data as of
- 06/2022
- EIN
- 82-3403967
Organization Overview
Latino Equity Advocacy & Policy Institute - The Leap Institute is located in Fresno, CA. The organization was established in 2018. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 06/2022, Latino Equity Advocacy & Policy Institute - The Leap Institute employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Equity Advocacy & Policy Institute - The Leap Institute 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 06/2022, Latino Equity Advocacy & Policy Institute - The Leap Institute generated $677.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $679.4k during the year ending 06/2022. While expenses have increased by 34.5% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE LOCAL OPPORTUNITIES FOR HEALTHY AND SAFE LIVING, CREATIVE COMMUNITY PLANNING, DEVELOPMENT AND REDEVELOPMENT, PUBLIC TRANSPORTATION AS WELL AS OPPORTUNITIES FOR ENVIRONMENTAL AND ECOSYSTEM STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVE SOCIAL, ECONOMIC, ENVIRONMENTAL AND CLIMATE JUSTICE, COMMUNITY RESILIENCE AND SOCIAL COHESION THROUGH INNOVATIVE INFRASTRUCTURE PROJECTS, SOCIO-ECONOMIC INNOVATION, HUMAN DEVELOPMENT AND PROGRESSIVE PUBLIC POLICY.
ACHIEVE SOCIAL, ECONOMIC, ENVIRONMENTAL AND CLIMATE JUSTICE, COMMUNITY RESILIENCE AND SOCIAL COHESION THROUGH INNOVATIVE INFRASTRUCTURE PROJECTS, SOCIO-ECONOMIC INNOVATION, HUMAN DEVELOPMENT AND PROGRESSIVE PUBLIC POLICY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reynaldo Leon Chief Executive Officer | Officer | 40 | $140,002 |
Russel Teall Chief Development Officer | Officer | 30 | $92,970 |
Martin Flores Chair | Officer | 1 | $0 |
Joe Ramirez Treasurer | Officer | 1 | $0 |
Maricela Gutierrez Advisory Board Member | Trustee | 1 | $0 |
Daniel Luna Advisory Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $355,420 |
| All other contributions, gifts, grants, and similar amounts not included above | $322,178 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $677,598 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $677,600 |
| 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. | $232,972 |
| Compensation of current officers, directors, key employees. | $232,972 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,494 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,038 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,590 |
| Advertising and promotion | $0 |
| Office expenses | $36,488 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,104 |
| Travel | $2,161 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,964 |
| Insurance | $54,204 |
| All other expenses | $5,001 |
| Total functional expenses | $679,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,481 |
| Savings and temporary cash investments | $14,041 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,238 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $21,005 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $166,765 |
| Accounts payable and accrued expenses | $36,535 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36,535 |
| Net assets without donor restrictions | $0 |
| 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 | $130,230 |
| Total liabilities and net assets/fund balances | $166,765 |