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Leadership Education for Asian Pacific Inc

EIN 95-3879677 · Los Angeles, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Leap's mission is to achieve full participation and equality for Asian and Pacific Islanders through leadership, empowerment and policy.

Income
$2.1 million
Spending
$2.5 million
Spent on programs
74%
Reserves
3.1 months of spending
Largest source of income
fees for its services, 54%
Employees
27
Volunteers
10
Highest pay
$187,899, president & ceo

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100. Higher than 12% of charities in its peer group (public benefit, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.1 months of spending.

  • Debt

    5 of 20

    It owes 60% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 18% of income.

  • Income trend

    5 of 15

    Income fell 17% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 8 cents.

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (public benefit, $1m to $10m).

  • Independent board

    25 of 25

    14 of 15 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $1.1 million spent. 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 4 VIRTUAL PROGRAMS WITH 62 PARTICIPANTS AND ONE IN-PERSON 3-DAY PROGRAM FOR 15 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 AN AVG OF 8 HOURS (6 TO 12 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 34 PARTICIPANTS. EACH PARTICIPANT SPENT 28.0 HOURS OVER 3.5 DAYS. 3) LEAP EXCEED, A VIRTUAL EXECUTIVE LEADERSHIP PROGRAM FOR SENIOR MANAGERS AND DIRECTORS CONDUCTED 4 VIRTUAL PROGRAMS TO 49 PARTICIPANTS WHO SPENT 24 HOURS OVER 6 DAYS. DONATED IN-KIND SERVICES FROM TRAINERS, CONSULTANTS AND EXECUTIVE COACHES FOR $52,300, FACILITY USE $10,000, VIDEO SOFTWARE LICENSES $10,020 AND $398 FOR SUPPLIES
  2. $504,316 spent. 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 2024, PROGRAMS INCLUDED 1) LEAP HYBRID VIRTUAL/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 16 API SENIOR MANAGERS. EACH PARTICIPANT GAINED 40 HOURS OF LEADERSHIP DEVELOPMENT TRAINING AND 8 HOURS OF EXECUTIVE COACHING. AN IMPACT ALUMNI EVENT WAS DELIVERED FOR 26 INDIVIDUALS IN CHICAGO WITH THE CURRENT YEAR COHORT AT THE CONCLUSION OF THE IN-PERSON SESSION. 2)LEAP DELIVERED A HYBRID/IN-PERSON ENGAGE PROGRAM FOR 12 NONPROFIT EXECUTIVE DIRECTORS FROM ACROSS THE USA. EACH EXECUTIVE DIRECTOR ALSO RECEIVED EIGHT HOURS OF EXECUTIVE COACHING. THEIR FINAL PROJECT WAS A SIMULATION TO PRESENT A "PITCH" TO A PANEL OF THE ENGAGE PROGRAM SPONSORS AND COMMUNITY FUNDERS. 3)LEAP EMERGE, 14 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 A DOCUMENTARY LETTERS TO OUR PEOPLE WHICH HIGHLIGHTED INTERGENERATIONAL STORYTELLING BETWEEN THOSE COMMUNITY MEMBERS IMPACTED BY U.S. IMPERIALISM AND MILITARISM. THE COHORT ALSO HOSTED AN IN-PERSON AND VIRTUAL VIEWING OF THE DOCUMENTARY FOR AN AUDIENCE OF 50 COMMUNITY LEADERS. DONATED IN-KIND SERVICES FOR TRAVEL $15,079
  3. $179,614 spent. 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. 77 WORKSHOPS WERE PRESENTED TO A TOTAL OF 5,469 PARTICIPANTS ACROSS THE UNITED STATES. LEAP ALSO DELIVERED MONTHLY PRESENTATIONS, "LEAP CONNECT", FREE SESSIONS OPEN TO THE GENERAL PUBLIC THAT WERE IN INTERESTED IN CONNECTING TO A LARGER API COMMUNITY VIRTUALLY. 1,583 PARTICIPANTS JOINED THESE MONTHLY ONE-HOUR VIRTUAL GATHERINGS.
  4. OTHER PROGRAM SERVICES 4: INFORMING SOCIETY - LEAP COMPLETED PHASE 1 OF ITS FOLLOW UP REPORT TO LEAP'S 2020 ASIAN AMERICAN EXECUTIVE LEADERSHIP REPORT. TITLED THE PUSH AND PULL OF LEADERSHIP: UNCOVERING THE FACTORS ADVANCING ASIAN AMERICAN LEADERSHIP. THIS STUDY PROVIDES INSIGHTS INTO THE SUPPORTING MECHANISMS, THE ORGANIZATIONAL BARRIERS AND THE CHARACTERISTICS OF VICE PRESIDENTS AND DIRECTORS LEADING IN MULTIPLE SECTORS (CORPORATE, NONPROFIT, HIGHER EDUCATION, AND GOVERNMENT). PHASE 2 WILL INCLUDE A SURVEY TO FURTHER DELVE INTO THE FINDINGS FROM PHASE 1 AND IS CURRENTLY IN PROGRESS.

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending October 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 1984.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.