The Leap Foundation Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

2080 Century Park East 415
Los Angeles, California 90067

The Leap Foundation Inc. (EIN: 26-1809669), also known as The Leadership Excellence Accelerating Potential Foundation Inc., has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Leap Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 2 total employees. Among the employees shown here, the average compensation is $45,000. The highest compensated employee at The Leap Foundation Inc. is James McCaslin Eff 22924 with fiscal year 2024 compensation of $80,000.

Revenue, expenses, and employee compensation

Revenue

$887,158

Expenses

$853,562

Employee compensation

$103,323

Reported Compensated Employees

James McCaslin Eff 22924

Executive Director

$80,000

$80,000 from orgNo related compNo other comp

Charlie Gallagher Resigned 22824

Executive Director

$10,000

$10,000 from orgNo related compNo other comp

Non-Employee Board Members

Mission Statement

THE LEAP FOUNDATION, INC. ("LEAP") IS A CALIFORNIA NOT-FOR-PROFIT THAT ORGANIZES LEADERSHIP CONFERENCES DESIGNED TO TEACH YOUNG ADULTS THE SKILLS NECESSARY TO GET A SEVEN YEAR JUMP-START ON LIFE. LEAP'S LEADERSHIP PROGRAMS AIM TO TEACH YOUNG ADULTS IMPORTANT SKILLS LIKE HOW TO ASSUME LEADERSHIP ROLES, PLAN A CAREER PATH, MANAGE PERSONAL FINANCES, AMONG OTHERS, WITH THE PRIMARY GOAL TO MOTIVATE THEM AND INSTILL IN THEM THE SELF CONFIDENCE NECESSARY TO EXCEL IN BOTH THEIR PERSONAL AND PROFESSIONAL LIVES.