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California · Nonprofit

LEAP INITIATIVE INC

LEAP INITIATIVE INC (California) receives grants from 4 organizations whose IRS filings report $123,396 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($97,089). 1 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2021
$2k
Funders on record
4
Grants received
$123k
Net assets
$38k
1/4 repeat fundersgrants exceed reported revenue in one year
01What it does

What Leap Initiative Inc does

Mission

Leap (life-science entrepreneurship and plus) is a closely connected and collaborative community featuring aspiring scientists and scholars, entrepreneurs and investors, professionals, and industry leaders. Leap dedicates to inform, inspire and support our members and peers through seminars, lectures, workshops, and social events.

As stated on its FY2021 Form 990-EZ.

Program

General program - leap dedicates to informing, inspiring, and supporting our members and peers through seminars, lectures, workshops, and social events.

The first program described on its most recent Form 990-EZ.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($423k) Expenses 100 ($382k) Net assets 100 ($44k)2021 Revenue 1 ($2k) Expenses 2 ($8k) Net assets 87 ($38k)
20202021
Revenue (1)Expenses (2)Net assets (87)

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 $44k to $38k (−13%).

$44k
$38k
20202021
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.

2020
2021
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

$41k
’20
−$6k
’21
1.4
months of
reserve
03Who funds it

Who funds it, year by year

2020 → 2021: the base narrowed from 4 funders to 1 funder, grant income rose $49k → $74k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 97% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LEAP INITIATIVE 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 INITIATIVE INC leans on a few funders — its largest provides 79% of grant income and the top three 97%; half comes from just 1 funder.

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

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LEAP INITIATIVE INC.

79%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2020 46% · 2021 100% — growing more concentrated.

“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 INITIATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4k that is directly attributable, 100% of it comes from funders outside California, across 1 state.

IL

Funder states come from each funder’s own filing. $120k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Organizations like LEAP INITIATIVE 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 California

Nationally

05Profile & governance

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

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for LEAP INITIATIVE 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 INITIATIVE INC?
LEAP INITIATIVE INC (California) receives grants from 4 organizations whose IRS filings report $123,396 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($97,089). 1 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does LEAP INITIATIVE INC have?
IRS filings report 4 organizations giving $123,396 in grants to LEAP INITIATIVE INC, 1 of which have funded it in more than one year.
Who is the largest funder of LEAP INITIATIVE INC?
AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $97,089 in grants. The full list of funders is on this page.
How can an organization like LEAP INITIATIVE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 FY2021 (financials across 2020–2021), and the filings of 4 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 14, 2026. What this page cannot tell you · view filing