The mission of Leap Year INC is to prepare young, talented students to reach their academic and leadership potential by attending college and breaking the cycle of poverty.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$85K 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

FY2024 · 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
3 of 5
filings with a surplus
Average surplus $19K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$85K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
17
named funders · $437K
Looks good: 17 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$28K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$570K
-21% vs prior year
Spent
$628K
To programs
76%
Net assets
$354K
By yearFY2021–FY2025
Revenue
$570K
FY2024▼ -21%
Tap a bar for its year
Revenue by fiscal year
FY2021$443K
FY2022$471K
FY2023$720K
FY2024$570K
FY2025$554K
Expenses
$628K
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2021$251K
FY2022$438K
FY2023$596K
FY2024$628K
FY2025$753K
Net assets
$354K
FY2024▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2021$255K
FY2022$288K
FY2023$412K
FY2024$354K
FY2025$156K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 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 Sep 2016.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $478K Management & general 21% · $130K Fundraising 3% · $20K

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

11 people listed on the 990; $85K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Di
$85,000Pt 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
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Amber Scott’s $97K as Executive Di is at the 82nd 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

NameFY2025FY2024FY2023FY2022FY2021
Amber Scott$96,918$85,000$73,350$63,933$54,400

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 15aNo

Programs and updates

Prepares talented young students for college and leadership to break the cycle of poverty.

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Provided by the organization

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1 program · $478K · in their own filed words · FY2023
01

Leap year is a nonprofit organization that is improving college success and literacy results in metro-atlanta by recruiting first generation high school graduates to serve as second grade reading coaches through our year long community service and college readiness program.

$478Kprogram 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 17 funders →
Grants paid · 5 grants · $543K · 2020–2024
Unitemized GrantFY2024$174,667
Unitemized GrantFY2023$120,233
Unitemized GrantFY2022$191,950
Unitemized GrantFY2021$38,644
Unitemized GrantFY2020$17,781

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$570K
Ln 12
Gifts and grantsLn 1h$541K
Other incomeLn 4–11$26K
Investment incomeLn 3$3K
Money outPt IX
$628K
Ln 25
Programscol B$478K
Managementcol C$130K
Fundraisingcol D$20K
Owns and owesPt X
$354K
net assets · Ln 32
Cash and savingsLn 1–2$303K
Total assetsLn 16$382K
LiabilitiesLn 26$28K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$541K
Government grantsLn 1e$95K
Investment incomeLn 3$3K
Other incomeLn 4–11$26K
Gains on assetsLn 7$3K
Total revenueLn 12$570K
Assets in detailPt X, end of year
CashLn 1$303K
Cash and savings togetherLn 1–2$303K
Land, buildings, equipmentLn 10c$53K
Total assetsLn 16$382K
LiabilitiesLn 26$28K
Net assetsLn 32$354K
OperationsPt I, VI
EmployeesI 542
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$387K$303K
Land, buildings, equipmentLn 10c$24K$53K
Total assetsLn 16$446K$382K
LiabilitiesLn 26$34K$28K
Net assetsLn 32$412K$354K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$120K$120K
Pay of current officers, directors and key staffLn 5$85K$85K
Other salaries and wagesLn 7$286K$286K
Payroll taxesLn 10$27K$21K$7K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$30K$17K$12K
Office expensesLn 13$4K$4K
OccupancyLn 16$13K$13K
Travel and entertainment for public officialsLn 18$90$90
InterestLn 20$771$771
Depreciation, depletion and amortizationLn 22$19K$19K$337
InsuranceLn 23$25K$1K$24K
Other expenses (24a–d)Ln 24$7K$7K
Total functional expensesLn 25$628K$478K$130K$20K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $554K$753K−$198K$156K 990 PDF
FY2024 Viewing $570K$628K−$58K$354K 990 PDF
FY2023 $720K$596K$125K$412K 990 PDF
FY2022 $471K$438K$33K$288K 990 PDF
FY2021 $443K$251K$192K$255K 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 O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $569,914 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $708,979$540,636
I-9 Program service revenue$0
I-10 Investment income$3,076
I-11 Other revenuePrior year $11,265$26,202
I-12 Total revenuePrior year $720,244$569,914
I-13 Grants and similar amounts paidPrior year $191,950$120,233
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $318,002$398,094
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $85,618$109,810
I-18 Total expensesPrior year $595,570$628,137
I-19 Revenue less expensesPrior year $124,674−$58,223
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $569,914 across 6 lines filed
VIII-1e Government grants$94,869
VIII-1f All other contributions, gifts and grants$445,767
VIII-1h Total contributions, gifts and grants$540,636
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,076$3,076
VIII-8 Net income from fundraising events$26,202
VIII-12 Total revenueRelated to mission $3,076$569,914
Part IX · Statement of functional expenses $628,137 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $120,233$120,233
IX-5 Pay of current officers, directors and key staffManagement $85,000$85,000
IX-7 Other salaries and wagesPrograms $285,891$285,891
IX-10 Payroll taxesPrograms $20,700 · Management $6,503$27,203
IX-11c Accounting feesManagement $10,514$10,514
IX-11g Other fees for servicesPrograms $17,475 · Fundraising $12,155$29,630
IX-13 Office expensesManagement $4,344$4,344
IX-16 OccupancyPrograms $12,536$12,536
IX-18 Travel and entertainment for public officialsManagement $90$90
IX-20 InterestPrograms $771$771
IX-22 Depreciation, depletion and amortizationPrograms $19,144 · Management $337$19,481
IX-23 InsurancePrograms $1,416 · Management $23,552$24,968
IX-24 Other expenses (24a–d)Fundraising $7,476$7,476
IX-25 Total functional expensesPrograms $478,166 · Management $130,340 · Fundraising $19,631$628,137
Part X · Balance sheet $381,537 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $387,462$302,904
X-3 Pledges and grants receivableStart of year $30,947$22,984
X-4 Accounts receivableStart of year $3,086$3,086
X-10c Land, buildings and equipment, netStart of year $24,352$52,563
X-16 Total assetsStart of year $445,847$381,537
X-17 Accounts payable and accrued expensesStart of year $748$4,166
X-25 Other liabilitiesStart of year $32,973$23,468
X-26 Total liabilitiesStart of year $33,721$27,634
X-27 Net assets without donor restrictionsStart of year $412,126$353,903
X-32 Total net assets or fund balancesStart of year $412,126$353,903
X-33 Total liabilities and net assetsStart of year $445,847$381,537
Part XI · Reconciliation of net assets $353,903 net assets at year end
XI-1 Total revenue$569,914
XI-2 Total expenses$628,137
XI-3 Revenue less expenses−$58,223
XI-4 Net assets at start of year$412,126
XI-10 Net assets at end of year$353,903

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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