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Michigan · Nonprofit

LEAP FOUNDATION INC

LEAP FOUNDATION INC (Michigan) receives grants from 2 organizations whose IRS filings report $310,000 to it, the largest being CONSUMERS ENERGY FOUNDATION ($300,000). 2 of them have funded it in more than one year.

Revenue FY2024
$199k
Funders on record
2
Grants received
$310k
Net assets
$31k
2/2 repeat fundersgrants exceed reported revenue in one year
01What it does

What Leap Foundation Inc does

Mission

To spur economic development and retain intellectual capital in the tri-county area. Such activities are limited to exempt purposes set forth in internal revenue code section 501(c)(3). The primary purpose is to receive and administer funds for charitable purposes.

As stated on its FY2024 Form 990.

Program

  1. To enhance economic development through the receipt and administration of charitable funds.

    $140,000 spentof which $140,000 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $140,000.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($156k) Expenses 100 ($179k) Net assets 100 ($33k)2018 Revenue 104 ($163k) Expenses 100 ($180k) Net assets 47 ($15k)2019 Revenue 109 ($170k) Expenses 95 ($170k) Net assets 47 ($15k)2020 Revenue 100 ($157k) Expenses 90 ($161k) Net assets 33 ($11k)2021 Revenue 100 ($155k) Expenses 87 ($155k) Net assets 33 ($11k)2022 Revenue 154 ($241k) Expenses 87 ($156k) Net assets 293 ($96k)2023 Revenue 123 ($191k) Expenses 126 ($226k) Net assets 186 ($61k)2024 Revenue 127 ($199k) Expenses 128 ($229k) Net assets 94 ($31k)
'17'18'19'20'21'22'23'24
Revenue (127)Expenses (128)Net assets (94)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $17k to $141k (+742%).

$68k
$50k
$50k
$17k
$141k
$106k
$101k
$78k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

93% of LEAP FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,454 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$23k
’17
−$17k
’18
$0
’19
−$5k
’20
$0
’21
$85k
’22
−$35k
’23
−$30k
’24
4.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Robert L Trezise Jr

President & CEO

Board chair

Don Mcnabb

Chair

As listed on its FY2025 Form 990.

202220232024
Listed121316
Joined·+3+7
No longer listed·24
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $5k → $35k.

Funder
'17
'18
'20
'21
'22
'23
'24*
total
funders
1
1
1
1
1
1
1

Left out of every figure on this page: $321k from 2 payers (the payer shares this organization's board, largest Capital Region Community Foundation). These are real filings, and they are not money LEAP FOUNDATION INC raised.

From the IRS filings of LEAP FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LEAP FOUNDATION INC leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

97% of LEAP FOUNDATION INC's grant income comes from Michigan funders.

WI
MI

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LEAP FOUNDATION INC's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−15% · bottom quartile
Months of reserve4.1mo · below the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 11,990 community improvement nonprofits $100k–$1M, FY2024

Organizations like LEAP FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MI

Part of a family of 1 related entity

  • Lansing Economic Area Development Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LEAP FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LEAP FOUNDATION INC?
LEAP FOUNDATION INC (Michigan) receives grants from 2 organizations whose IRS filings report $310,000 to it, the largest being CONSUMERS ENERGY FOUNDATION ($300,000). 2 of them have funded it in more than one year.
How many funders does LEAP FOUNDATION INC have?
IRS filings report 2 organizations giving $310,000 in grants to LEAP FOUNDATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of LEAP FOUNDATION INC?
CONSUMERS ENERGY FOUNDATION is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like LEAP FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing