Leap empowers low and moderate income people by helping them gain access to living-wage employment opportunities and career paths. We seek to develop programs that counter prevailing market inequalities and contribute to a broader movement for economic justice.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$542K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.7M a year · 21% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$542K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $1.1M
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$932K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.3M
+19% vs prior year
Spent
$5.3M
To programs
83%
Net assets
$4.0M
By yearFY2020–FY2025
Revenue
$6.3M
FY2021▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.3M
FY2021$6.3M
FY2022$6.1M
FY2023$7.3M
FY2024$15.5M
FY2025$8.2M
Expenses
$5.3M
FY2021▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.3M
FY2021$5.3M
FY2022$5.7M
FY2023$6.7M
FY2024$7.7M
FY2025$8.0M
Net assets
$4.0M
FY2021▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$4.0M
FY2022$4.4M
FY2023$5.0M
FY2024$12.8M
FY2025$13.0M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $4.4M Management & general 9% · $476K Fundraising 8% · $418K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $542K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$187,758Pt VII · Sec A
Program Director
$129,412Pt VII · Sec A
Development Director
$119,287Pt VII · Sec A
Director of Brooklyn Woods
$105,901Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Aaron Shiffman’s $261K as Executive Director is at the 94th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Aaron Shiffman$261,093$224,375$214,693$188,090$187,758$180,913
Shawn Hegele$185,938$138,591$138,294$119,326$119,287$115,585
Julio Perez——$105,392$130,864$129,412$125,707
Scott Peltzer$121,945$113,570$110,318$107,254$105,901$104,375
Venus Sherie Anderson$121,283$103,792————
Erik C Jones$119,235$102,729————
Vanessa Soto$112,560$104,846————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps low-income people find living-wage jobs and build careers to fight economic inequality.

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Provided by the organization

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3 programs · $2.4M · in their own filed words · FY2020
01

Red Hook on the Road

Red hook on the road is bwi's commercial driving training program. This four-week program prepares participants for jobs as drivers of "class B/BPS" commercial vehicles including trucks, school buses, coach or charter buses, airport shuttle buses and access-a-ride and other para-transit vehicles.

$1.2Mprogram expense
02

Bwi's Nycha Resident Training Academy

Bwi's nycha resident training academy prepares public housing residents for careers with the new york city housing authority (nycha). Trainees participate in up to six weeks of training for various employment opportunities on nycha developments throughout the five boroughs, including caretaker and construction related roles.

$750Kprogram expense
03

Brooklyn Woods

Brooklyn woods trains new yorkers for careers in woodworking and fabrication. Through seven weeks of classroom and hands-on training, graduates learn shop production, wood technology, finishing techniques, cabinet installation, mechanical drawing, and the safe use and proper care of hand and power tools in bwi's custom-built woodworking…

$522Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 6 grants · $243K · 2020–2024
Unitemized GrantFY2024$71,180
Unitemized GrantFY2023$66,890
Unitemized GrantFY2022$50,298
Unitemized GrantFY2021$34,300
Unitemized GrantFY2021$6,682
Unitemized GrantFY2020$13,300

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$6.3M
Ln 12
Gifts and grantsLn 1h$6.0M
Fees for servicesLn 2g$193K
Other incomeLn 4–11$130K
Money outPt IX
$5.3M
Ln 25
Programscol B$4.4M
Managementcol C$476K
Fundraisingcol D$418K
Owns and owesPt X
$4.0M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$5.0M
LiabilitiesLn 26$932K
PeoplePt VI, VII
18
listed · VII A
PaidVII A4
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.0M
Government grantsLn 1e$939K
Noncash giftsLn 1g$11K
Fees for servicesLn 2g$193K
Investment incomeLn 3$2K
Other incomeLn 4–11$130K
Gains on assetsLn 7$371
Total revenueLn 12$6.3M
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$0
Cash and savings togetherLn 1–2$2.6M
Land, buildings, equipmentLn 10c$561K
Other assetsLn 15$61K
Total assetsLn 16$5.0M
LiabilitiesLn 26$932K
Net assetsLn 32$4.0M
OperationsPt I, VI
EmployeesI 569
VolunteersI 660
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.7M$2.6M
Land, buildings, equipmentLn 10c$646K$561K
Total assetsLn 16$4.0M$5.0M
LiabilitiesLn 26$921K$932K
Net assetsLn 32$3.1M$4.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$13K$13K
Pay of current officers, directors and key staffLn 5$255K$210K$19K$27K
Other salaries and wagesLn 7$2.3M$1.9M$125K$243K
Pension plan contributionsLn 8$80K$66K$6K$8K
Other employee benefitsLn 9$348K$286K$26K$36K
Payroll taxesLn 10$224K$184K$16K$24K
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$65K$65K
Other fees for servicesLn 11g$83K$40K$34K$10K
Advertising and promotionLn 12$44K$39K$2K$4K
Office expensesLn 13$120K$93K$16K$12K
Information technologyLn 14$146K$100K$13K$33K
OccupancyLn 16$667K$616K$39K$12K
TravelLn 17$21K$17K$3K$898
Depreciation, depletion and amortizationLn 22$85K$85K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$884K$865K$10K$9K
Total functional expensesLn 25$5.3M$4.4M$476K$418K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.2M$8.0M$156K$13.0M 990 PDF
FY2024 $15.5M$7.7M$7.8M$12.8M 990 PDF
FY2023 $7.3M$6.7M$571K$5.0M 990 PDF
FY2022 $6.1M$5.7M$394K$4.4M 990 PDF
FY2021 Viewing $6.3M$5.3M$987K$4.0M 990 PDF
FY2020 $5.3M$5.3M$55K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $6,295,758 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,121,953$5,970,832
I-9 Program service revenuePrior year $70,726$193,337
I-10 Investment incomePrior year $2,054$1,937
I-11 Other revenuePrior year $111,214$129,652
I-12 Total revenuePrior year $5,305,947$6,295,758
I-13 Grants and similar amounts paidPrior year $0$13,300
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,017,471$3,162,556
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,233,773$2,133,297
I-18 Total expensesPrior year $5,251,244$5,309,153
I-19 Revenue less expensesPrior year $54,703$986,605
Part VI · Governance 12 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,295,758 across 10 lines filed
VIII-1d Related organizations$20,000
VIII-1e Government grants$939,327
VIII-1f All other contributions, gifts and grants$5,011,505
VIII-1g Noncash contributions (included above)$10,826
VIII-1h Total contributions, gifts and grants$5,970,832
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $193,337$193,337
VIII-3 Investment incomeExcluded from tax $1,566$1,566
VIII-7 Net gain or loss on sales of assetsExcluded from tax $371$371
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $129,652$129,652
VIII-12 Total revenueRelated to mission $193,337 · Unrelated business $0 · Excluded from tax $131,589$6,295,758
Part IX · Statement of functional expenses $5,309,153 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $13,300$13,300
IX-5 Pay of current officers, directors and key staffPrograms $209,559 · Management $18,704 · Fundraising $26,729$254,992
IX-7 Other salaries and wagesPrograms $1,886,302 · Management $125,475 · Fundraising $242,747$2,254,524
IX-8 Pension plan contributionsPrograms $66,117 · Management $5,901 · Fundraising $8,433$80,451
IX-9 Other employee benefitsPrograms $286,147 · Management $25,540 · Fundraising $36,498$348,185
IX-10 Payroll taxesPrograms $184,420 · Management $16,461 · Fundraising $23,523$224,404
IX-11b Legal feesManagement $10,000$10,000
IX-11c Accounting feesManagement $64,537$64,537
IX-11g Other fees for servicesPrograms $39,622 · Management $33,539 · Fundraising $9,672$82,833
IX-12 Advertising and promotionPrograms $38,703 · Management $1,518 · Fundraising $3,595$43,816
IX-13 Office expensesPrograms $92,731 · Management $16,074 · Fundraising $11,580$120,385
IX-14 Information technologyPrograms $100,225 · Management $12,901 · Fundraising $33,170$146,296
IX-16 OccupancyPrograms $615,953 · Management $38,744 · Fundraising $12,110$666,807
IX-17 TravelPrograms $17,401 · Management $2,839 · Fundraising $898$21,138
IX-22 Depreciation, depletion and amortizationManagement $84,695$84,695
IX-23 InsuranceManagement $8,736$8,736
IX-24 Other expenses (24a–d)Programs $864,549 · Management $10,082 · Fundraising $9,423$884,054
IX-25 Total functional expensesPrograms $4,415,029 · Management $475,746 · Fundraising $418,378$5,309,153
Part X · Balance sheet $4,959,342 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,655,918$2,649,828
X-2 Savings and temporary cash investmentsStart of year $387$0
X-3 Pledges and grants receivableStart of year $1,476,802$1,469,565
X-4 Accounts receivableStart of year $107,848$179,297
X-9 Prepaid expenses and deferred chargesStart of year $54,613$38,604
X-10c Land, buildings and equipment, netStart of year $645,834$561,139
X-15 Other assetsStart of year $60,441$60,909
X-16 Total assetsStart of year $4,001,843$4,959,342
X-17 Accounts payable and accrued expensesStart of year $387,420$398,434
X-25 Other liabilitiesStart of year $533,300$533,300
X-26 Total liabilitiesStart of year $920,720$931,734
X-27 Net assets without donor restrictionsStart of year $3,005,192$3,934,510
X-28 Net assets with donor restrictionsStart of year $75,931$93,098
X-32 Total net assets or fund balancesStart of year $3,081,123$4,027,608
X-33 Total liabilities and net assetsStart of year $4,001,843$4,959,342
Part XI · Reconciliation of net assets $4,027,608 net assets at year end
XI-1 Total revenue$6,295,758
XI-2 Total expenses$5,309,153
XI-3 Revenue less expenses$986,605
XI-4 Net assets at start of year$3,081,123
XI-9 Other changes in net assets−$40,120
XI-10 Net assets at end of year$4,027,608

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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