Leaplete Foundation Inc is located in Miami, FL. The organization was established in 2016. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leaplete Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Leaplete Foundation Inc generated $1.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $4.3k during the year ending 12/2022. While expenses have increased by 39.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FUSION ATHLETIC PROGRAMS, ESTABLISHED AS AN OUTREACH FOR COMMUNITY-BASED ATHLETIC PROGRAMS, PROVIDE YEAR-ROUND TRAINING AND COMPETITIVE OPPROTUNITIES WITHIN SPECIAL OLYMPICS AND SPORTS-SPECIFIC AGENCIES AND GOVERNING BODIES. IT CURRENTLY BENEFITS 70 ATHLETES, BETWEEN THE AGES OF 7 AND 30, THROUGH ALL STAR CHEERLEEDING AND TRACK & FIELD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren A Petrick President | 20 | $0 | |
Anjenette L Rivera Secretary | 0 | $0 | |
Roberta A Petrick Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,674 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,674 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $787 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $515 |
| Total expenses | $4,302 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,869 |
| Other assets | $0 |
| Total assets | $2,219 |
| Total liabilities | $178 |
| Net assets or fund balances | $2,041 |