Leadership Education For Asian Pacific Inc is located in Los Angeles, CA. The organization was established in 1984. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 10/2023, Leadership Education For Asian Pacific Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Education For Asian Pacific Inc 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 10/2023, Leadership Education For Asian Pacific Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $2.6m during the year ending 10/2023. While expenses have increased by 18.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LEAP'S MISSION IS TO ACHIEVE FULL PARTICIPATION AND EQUALITY FOR ASIAN AND PACIFIC ISLANDERS THROUGH LEADERSHIP, EMPOWERMENT AND POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPING PEOPLE - LEADERSHIP DEVELOPMENT AND TRAINING PROGRAMS FOR UPPER MANAGEMENT ASIAN AND PACIFIC ISLANDERS (API). SUCH PROGRAMS INCLUDED: 1) CUSTOMIZED 3-DAY IN-PERSON PATHWAYS OR 6-DAY VIRTUAL PATHWAY PROGRAMS FOR COMPANIES SEEKING TO INCREASE THE SUCCESS OF THEIR API TECHNICAL AND PROFESSIONAL MANAGER/TEAM LEADER LEVELS. CONDUCTED 6 VIRTUAL PROGRAMS WITH 83 PARTICIPANTS AND ONE IN-PERSON 3-DAY PROGRAM FOR 9 PARTICIPANTS. EACH VIRTUAL PARTICIPANT SPENT 24 HOURS OVER A COURSE OF SIX DAYS DURING THE VIRTUAL SESSIONS AND 24 HOURS IN THE IN-PERSON SESSION. PARTICIPANTS ALSO RECEIVED 6 HOURS OF INDIVIDUALIZED EXECUTIVE COACHING. 2) LEAP ADVANCE (LDP FOR HIGHER EDUCATION) PROGRAM DESIGNED FOR THE PROFESSIONAL DEVELOPMENT OF API COLLEGE/UNIVERSITY ADMINISTRATORS WAS HELD IN-PERSON AT KELLOGG WEST CONFERENCE CENTER IN POMONA, CA FOR 38 PARTICIPANTS. EACH PARTICIPANT SPENT 19.5 HOURS OVER 5.5 DAYS. 3) LEAP EXCEED, A VIRTUAL EXECUTIVE LEADERSHIP PROGRAM FOR SENIOR MANAGERS AND DIRECTORS CONDUCTED 3 VIRTUAL PROGRAMS TO 18 PARTICIPANTS WHO SPENT 24 HOURS OVER 6 DAYS. AN IN-PERSON EXCEED PROGRAM WAS DELIVERED OVER THREE DAYS TO 6 PARTICIPANTS. EACH EXCEED PARTICIPANT RECEIVED 12 HOURS OF EXECUTIVE COACHING SESSIONS. DONATED IN-KIND SERVICES FROM TRAINERS,CONSULTANTS AND EXECUTIVE COACHES FOR $113,464, FACILITY USE $20,000 AND $1,435 FOR TRAVEL
EMPOWERING COMMUNITIES - COMPREHENSIVE LEADERSHIP TRAINING, ORGANIZATIONAL DEVELOPMENT AND CAPACITY BUILDING PROGRAMS AND WORKSHOPS TO PROMOTE THE CULTIVATION OF NEW COMMUNITY LEADERS, TO STRENGTHEN THE EFFECTIVENESS OF EXISTING COMMUNITY-BASED ORGANIZATIONS AND TO ESTABLISH A SUPPORTIVE NETWORK FOR MUTUAL ASSISTANCE, RESOURCE SHARING AND COLLABORATIVE PROBLEM SOLVING. IN 2023, PROGRAMS INCLUDED 1) LEAP IN-PERSON IMPACT DESIGNED TO STRENGTHEN THE CAPACITY OF DIVERSE NONPROFIT ORGANIZATIONS BY PROVIDING API SENIOR STAFF FOR FUTURE AND CURRENT LEADERSHIP AND MANAGEMENT ROLES IN NONPROFIT ORGANIZATIONS. PARTICIPANTS INCLUDED 17 API SENIOR MANAGERS. EACH PARTICIPANT GAINED 40 HOURS OF LEADERSHIP DEVELOPMENT TRAINING AND 8 HOURS OF EXECUTIVE COACHING. AN IMPACT ALUMNI EVENT WAS PRESENTED FOR 3 DAYS OF LEARNING, RE-ENERGIZING AND RE-CONNECTING FOR 24 NONPROFIT LEADERS IN LOS ANGELES. 2)LEAP DELIVERED A TWO PART 6-DAY IN-PERSON ENGAGE PROGRAM FOR 12 NONPROFIT EXECUTIVE DIRECTORS FROM ACROSS THE USA. EACH EXECUTIVE DIRECTOR ALSO RECEIVED SIX HOURS OF EXECUTIVE COACHING. THEIR FINAL PROJECT WAS A "SHARK TANK" SIMULATION TO PRESENT A "PITCH" TO A PANEL OF THE ENGAGE PROGRAM SPONSORS. 3)LEAP EMERGE, 15 COLLEGE STUDENTS PARTICIPATED IN A PAID EIGHT-WEEK HYBRID IN-PERSON AND VIRTUAL SUMMER INTERNSHIP PROGRAM DESIGNED TO DEVELOP YOUNG LEADERS WITH PRACTICAL LEADERSHIP SKILLS. THE SUMMER INTERNS SPENT 200 HOURS OVER EIGHT-WEEKS IN LEADERSHIP TRAINING AND HANDS-ON EXPERIENCE AT IDENTIFIED COMMUNITY BASED ORGANIZATIONS. AS PART OF THE PROGRAM, INTERNS COLLABORATED ON A GROUP PROJECT TO CREATE THE "LEAP EMERGENCE MAGAZINE" WHICH INCLUDED A ZINE OF MULTIMEDIA MEDIUMS SUCH AS WRITING, PHOTOGRAPHY, FILAM AND ART TO SHOWCASE THE IMPACT OF ASIAN AMERICANS AND PACIFIC ISLANDERS 4)LEAP ALSO DELIVERED 10 VIRTUAL PRESENTATIONS FREE TO COLLEGE STUDENTS ON TOPICS SUCH AS INTERVIEWING, MANAGING STRESS, RESUME WRITING,AND FIRESIDE CHATS WITH INVITED GUESTS. A TOTAL OF 350 STUDENTS ATTENDED THESE SESSIONS. 5)IN RESPONSE TO THE DEMAND FOR A SAFE SPACE TO HEAL AND LEARN, LEAP PRESENTED ITS SECOND WELLNESS RETREAT FOR 27 API WOMEN IN HONOLULU, HI. PARTICIPANTS RECEIVED 3.5 DAYS OF LEARNING, SPACE FOR OPEN DIALOGUE AND SESSIONS TO PROMOTE HEALING AND EMOTIONAL WELLNESS.DONATED IN-KIND SERVICES FOR TRAVEL $56,257 AND SUPPLIES $5,021
WORKSHOP SERIES - GENERAL LEADERSHIP EDUCATION THROUGH FORUMS, WORKSHOPS AND PRESENTATIONS. WORKSHOPS AND PRESENTATIONS WERE PRIMARILY DELIVERED ON A VIRTUAL PLATFORM. WORKSHOPS HELP PARTICIPANTS ENHANCE THEIR LEADERSHIP SKILLS, ADDRESS THE INFLUENCE OF PERCEPTIONS, BEHAVIORS, AND VALUES ON PERSONAL EFECTIVENESS, AND HELP FOSTER UNDERSTANDING OF API COMMUNITIES, CULTURES AND ISSUES. LENGTHS OF WORKSHOPS VARIED FROM ONE HOUR TO 4 HOURS. 126 WORKSHOPS WERE PRESENTED TO A TOTAL OF 5,276 PARTICIPANTS ACROSS THE UNITED STATES. LEAP ALSO DELIVERED MONTHLY PRESENTATIONS DURING, "LEAP CONNECT", FREE SESSIONS OPEN TO THE GENERAL PUBLIC THAT WERE IN INTERESTED IN CONNECTING TO A LARGER API COMMUNITY VIRTUALLY. 1,834 PARTICIPANTS JOINED THESE MONTHLY ONE-HOUR VIRTUAL GATHERINGS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Grace Toy CFO | 40 | $151,347 | |
Linda Akutagawa President & CEO | OfficerTrustee | 40 | $153,856 |
Shahana Shah Dir Of Development | 40 | $119,317 | |
Alexander Cena Dir Of Programs | 40 | $100,027 | |
Jeffrey Hong Director | Trustee | 1 | $0 |
Kenneth Chung Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $2,114 |
Membership dues | $0 |
Fundraising events | $330,947 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,336,764 |
Noncash contributions included in lines 1a–1f | $98,788 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,669,825 |
Total Program Service Revenue | $998,221 |
Investment income | $1,614 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$159,332 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,524,232 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $96,289 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $167,425 |
Compensation of current officers, directors, key employees. | $53,450 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $833,117 |
Pension plan accruals and contributions | $29,891 |
Other employee benefits | $96,025 |
Payroll taxes | $78,523 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,960 |
Fees for services: Accounting | $12,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,191 |
Advertising and promotion | $0 |
Office expenses | $101,577 |
Information technology | $26,188 |
Royalties | $0 |
Occupancy | $44,688 |
Travel | $17,049 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,089,947 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,657 |
Insurance | $26,234 |
All other expenses | $0 |
Total functional expenses | $2,647,223 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,195,132 |
Savings and temporary cash investments | $183,223 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $532,950 |
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 | $58,481 |
Net Land, buildings, and equipment | $4,094 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $212,391 |
Total assets | $2,186,271 |
Accounts payable and accrued expenses | $364,485 |
Grants payable | $0 |
Deferred revenue | $429,216 |
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 | $212,645 |
Total liabilities | $1,006,346 |
Net assets without donor restrictions | $921,854 |
Net assets with donor restrictions | $258,071 |
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 | $2,186,271 |