STRATEGY STUDIO / PUBLIC DATA EXPLORER

LEAP FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
LEAP FOUNDATION (EIN 26-3385920)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-03-01
IRS object ID
201900609349100805
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-03-01T20:32:26-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN870517754PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WSRP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1155 N 400 W STE 400AddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84103ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263385920EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LEAP FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEAPBusinessNameControlTxt
Phone8054745681PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11258 EAGLE ROADAddressLine1Txt
CityNEW HOPECityNm
State AbbreviationPAStateAbbreviationCd
ZIP18938ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARTHA N BECKPersonNm
Person TitleDIRECTORPersonTitleTxt
Signature2019-02-12SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK A GILBERT CPAPreparerPersonNm
PTINP00071185PTIN
Phone8013282011PhoneNum
Preparation2019-02-21PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address71.92.235.161IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-03-01IPDt
IP Tm20:32:26IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7D134C042740751DC3B21C7970DAF204ACADCEABAtSubmissionCreationDeviceId
At Submission Filing Device Id7D134C042740751DC3B21C7970DAF204ACADCEABAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$55,079FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$88,957ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$42InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$42InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$42InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$88,999TotalRevAndExpnssAmt
Total Net Invst Incm$42TotalNetInvstIncmAmt
Total Adj Net Incm$42TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$482LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$482LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,000AccountingFeesChrtblPrpsAmt
Trav Conf Meeting Rev And Expnss$735TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$735TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$3,090OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$3,090OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,307TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$5,307TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$113,400ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$113,400ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$118,707TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$118,707TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$29,708ExcessRevenueOverExpensesAmt
Net Investment Income$42NetInvestmentIncomeAmt
Adjusted Net Income$42AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$71,152SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$41,444SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$41,444SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$10,527CorporateStockBOYAmt
Corporate Stock EOY$10,527CorporateStockEOYAmt
Corporate Stock EOYFMV$13,635CorporateStockEOYFMVAmt
Total Assets BOY$81,679TotalAssetsBOYAmt
Total Assets EOY$51,971TotalAssetsEOYAmt
Total Assets EOYFMV$55,079TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$81,679CapitalStockBOYAmt
Capital Stock EOY$51,971CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$81,679TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$51,971TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$81,679TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$51,971TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$81,679TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$29,708ExcessRevenueOverExpensesAmt
Subtotal$51,971SubtotalAmt
Tot Net Ast Or Fund Balances EOY$51,971TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$299,000AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$120,843NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.474285DistributionYr1Rt
Adjusted Qlfy Distri Yr2$86,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$135,442NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.634958DistributionYr2Rt
Adjusted Qlfy Distri Yr3$351,500AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$118,773NetVlNoncharitableAssetsYr3Amt
Distribution Yr32.959427DistributionYr3Rt
Adjusted Qlfy Distri Yr4$213,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$127,706NetVlNoncharitableAssetsYr4Amt
Distribution Yr41.667893DistributionYr4Rt
Adjusted Qlfy Distri Yr5$120,800AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$88,876NetVlNoncharitableAssetsYr5Amt
Distribution Yr51.359197DistributionYr5Rt
Total Distribution9.095760TotalDistributionRt
Average Distribution1.819152AverageDistributionRt
Net Vl Noncharitable Assets$68,914NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$125,365AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$125,365AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$118,707QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1InvestmentIncomeExciseTaxAmt
Subtotal$1SubtotalAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Tax Due$1TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMARTHA N BECKIndividualWithBooksNm
Phone8054748681PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11258 EAGLE ROADAddressLine1Txt
CityNEW HOPECityNm
State AbbreviationPAStateAbbreviationCd
ZIP18938ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMARTHA N BECKPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11258 EAGLE ROADAddressLine1Txt
CityNEW HOPECityNm
State AbbreviationPAStateAbbreviationCd
ZIP18938ZIPCd
FieldValueIRS element (for citing)
TitleDIRECTORTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$13,665AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$56,298AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$69,963TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$69,963AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,049CashDeemedCharitableAmt
Net Vl Noncharitable Assets$68,914NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,446MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,446MinimumInvestmentReturnAmt
Tax Based On Investment Income$1TaxBasedOnInvestmentIncomeAmt
Total Tax$1TotalTaxAmt
Distributable Before Adj$3,445DistributableBeforeAdjAmt
Distributable Before Ded$3,445DistributableBeforeDedAmt
Distributable As Adjusted$3,445DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$118,707ExpensesAndContributionsAmt
Qualifying Distributions$118,707QualifyingDistributionsAmt
Adjusted Qualifying Distri$118,707AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,445DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$116,356ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$206,615ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$345,561ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$79,228ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$292,958ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,040,718TotalExcessDistributionCyovAmt
Qualifying Distributions$118,707QualifyingDistributionsAmt
Applied To Current Year$3,445AppliedToCurrentYearAmt
Remaining Distri From Corpus$115,262RemainingDistriFromCorpusAmt
Total Corpus$1,155,980TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$116,356ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,039,624ExcessDistriCyovToNextYrAmt
Excess From Year4$206,615ExcessFromYear4Amt
Excess From Year3$345,561ExcessFromYear3Amt
Excess From Year2$79,228ExcessFromYear2Amt
Excess From Year1$292,958ExcessFromYear1Amt
Excess From Current Year$115,262ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMARTHA N BECKContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GOOD WORK FOUNDATIONBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line11015 DITMAS WAYAddressLine1Txt
CityARROYO GRANDECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93420ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Grant Or Contribution PurposeGENERAL FUNDGrantOrContributionPurposeTxt
Amt$113,400Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$113,400TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$42RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$42RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$42TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number3LineNumberTxt
Relationship StatementUSED TO FURTHER PROMOTE THE CHARITABLE PURPOSES OF THE ORGRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
MARTHA BECK INC
11258 EAGLE ROADNEW HOPEPA18938$66,000Yes (X)
KAREN GERDES
21258 EAGLE ROADNEW HOPEPA18938$10,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,000Amt
Disbursements Charitable Prps$1,000DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockGOOGLE STOCKStockNm
EOY Book Value$10,527EOYBookValueAmt
EOYFMV$13,635EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$482LegalFeesAmt
Disbursements Charitable Prps$482DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK CHARGES$55$55
CONSULTING$3,035$3,035
DUES & FEES
TRAINING & EDUCATION