Ileap FY2023 filing

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to nurture a new generation of globally minded leaders with the inner and outer resources to pursue lives of purpose and to advance social good in the world.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-1347313) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $22K a year · 7% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
0.1 mo
of spending, in cash
0.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $41K
3 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$520K
342% of total assets
Liabilities are 342% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$350K
+15% vs prior year
Spent
$370K
To programs
100%
Net assets
−$368K
By yearFY2020–FY2025
Revenue
$350K
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$611K
FY2021$445K
FY2022$303K
FY2023$350K
FY2024$198K
FY2025$15K
Expenses
$370K
FY2023▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2020$603K
FY2021$426K
FY2022$421K
FY2023$370K
FY2024Not on file
FY2025$17K
Net assets
−$368K
FY2023▼ -404%
Tap a bar for its year
Net assets by fiscal year
FY2020$10K
FY2021$45K
FY2022−$73K
FY2023−$368K
FY2024−$525K
FY2025−$528K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 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 Mar 2005.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $370K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-Chair and Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Britt Yamamoto’s $50K as Executive Director is at the 41st percentile of top reported officer pay among 1613 $100K–1M education 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 · 1 named individual · Part VII

NameFY2022FY2021FY2020
Britt Yamamoto$50,000$13,500$78,605

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

Develops globally minded leaders with resources for purposeful lives and social good.

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2 programs · $370K · in their own filed words · FY2023
01

Perennial Leadership is a fiscally sponsored program of iLEAP that has its origins in iLEAP as the iLEAP International Fellowship. Perennial participants are from Africa, Asia, Latin America and the Middle East and they participate in different online programs that range in length from 1 to 4 weeks in length.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-1347313) · Dispute this line
$200Kprogram expense
02

The iLEAP Global Leadership Academy (GLA) encompasses all of iLEAP's fullly online/distance programs. The GLA was created due to the COVID-19 pandemic and the programs are for high school students, college-aged students and young professionals.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-1347313) · Dispute this line
$170Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$350K
Ln 12
Gifts and grantsLn 1h$350K
Money outPt IX
$370K
Ln 25
Programscol B$370K
Owns and owesPt X
−$368K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$152K
LiabilitiesLn 26$520K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$350K
Government grantsLn 1e$102K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$350K
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$100
Cash and savings togetherLn 1–2$2K
Pledges and grants receivableLn 3$150K
Total assetsLn 16$152K
LiabilitiesLn 26$520K
Net assetsLn 32−$368K
OperationsPt I, VI
EmployeesI 54
VolunteersI 610
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$69K$2K
Total assetsLn 16$483K$152K
LiabilitiesLn 26$556K$520K
Net assetsLn 32−$73K−$368K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$326K$326K
Office expensesLn 13$99$99
OccupancyLn 16$400$400
TravelLn 17$20K$20K
InterestLn 20$11K$11K
Payments to affiliatesLn 21$10K$10K
InsuranceLn 23$1K$1K
Total functional expensesLn 25$370K$370K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 24, 2026 $15K$17K−$2K−$528K 990 PDF
FY2024Filed with the IRS Sep 15, 2025 $198K−$525K 990 PDF
FY2023 ViewingFiled with the IRS Nov 13, 2024 $350K$370K−$20K−$368K 990 PDF
FY2022Filed with the IRS Nov 6, 2023 $303K$421K−$118K−$73K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $445K$426K$19K$45K 990 PDF
FY2020Filed with the IRS May 14, 2021 $611K$603K$9K$10K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $349,552 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $302,954$349,552
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $302,954$349,552
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $249,111$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $171,791$369,543
I-18 Total expensesPrior year $420,902$369,543
I-19 Revenue less expensesPrior year −$117,948−$19,991
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $349,552 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$102,370
VIII-1f All other contributions, gifts and grants$247,182
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$349,552
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$349,552
Part IX · Statement of functional expenses $369,543 across 7 lines filed
IX-11a Management feesPrograms $326,317$326,317
IX-13 Office expensesPrograms $99$99
IX-16 OccupancyPrograms $400$400
IX-17 TravelPrograms $20,000$20,000
IX-20 InterestPrograms $11,392$11,392
IX-21 Payments to affiliatesPrograms $10,188$10,188
IX-23 InsurancePrograms $1,147$1,147
IX-25 Total functional expensesPrograms $369,543 · Management $0 · Fundraising $0$369,543
Part X · Balance sheet $151,957 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $68,627$1,857
X-2 Savings and temporary cash investmentsStart of year $100$100
X-3 Pledges and grants receivableStart of year $130,077$150,000
X-7 Notes and loans receivableStart of year $285,579$0
X-16 Total assetsStart of year $482,537$151,957
X-17 Accounts payable and accrued expensesStart of year $55,749$0
X-23 Secured mortgages and notes payable$20,461
X-24 Unsecured notes and loans payableStart of year $499,900$499,900
X-26 Total liabilitiesStart of year $555,649$520,361
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year −$73,112−$368,404
X-32 Total net assets or fund balancesStart of year −$73,112−$368,404
X-33 Total liabilities and net assetsStart of year $482,537$151,957
Part XI · Reconciliation of net assets −$368,404 net assets at year end
XI-1 Total revenue$349,552
XI-2 Total expenses$369,543
XI-3 Revenue less expenses−$19,991
XI-4 Net assets at start of year−$73,112
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$275,301
XI-10 Net assets at end of year−$368,404

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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