The Leeps Foundation Inc
- Assets
- $857.3k
- Revenue
- $183.5k
- Investments
- $709.9k
- Employees
- 0
- Location
- Moneta, VA
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 54-1975226
Organization Overview
The Leeps Foundation Inc is located in Moneta, VA. The organization was established in 2001. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leeps 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 12/2021, Leeps Foundation Inc generated $183.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $79.9k during the year ending 12/2021. While expenses have increased by 2.4% 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.
Since 2016, Leeps Foundation Inc has awarded 136 individual grants totaling $429,263. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia V Cunningham President | 0.5 | $0 | |
Susan T Showfety Treasurer | 0 | $0 | |
Michael Branscome Board Member | 0 | $0 | |
Steven H Cunningham Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,197 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $159,316 |
| Capital Gain Net Income | $159,316 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $183,513 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $8,075 |
| Contributions, gifts, grants paid | $71,795 |
| Total expenses and disbursements | $79,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,739 |
| Savings and temporary cash investments | $116,032 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,607 |
| Total assets | $857,276 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Leeps Foundation Inc has awarded $71,795 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Lexington, VA PURPOSE: FUNDING FOR CHARITABLE & OPERATING PURPOSES. | $35,000 |
Stuarts Draft, VA PURPOSE: ADD SHED ROOF, STAIRS, AND PORCH | $4,000 |
Boones Mill, VA PURPOSE: BUY USED UTV FOR FARM MAINTENANCE | $2,500 |
York, SC PURPOSE: LIGHTING FOR OUTDOOR ARENA | $2,400 |
Gastonia, NC PURPOSE: PURCHASE OF PASTURE MOWER & OBSTACLE COURSE | $2,000 |
Forest, VA PURPOSE: SCHOLARSHIPS FOR AT-RISK TEENS TO DEVELOP LIFE SKILLS. | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The David Belk Cannon Foundation Gastonia, NC | $0 | $4,765,855 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
The Richman Family Foundation Inc Baltimore, MD | $21,774,672 | $824,650 |
Venture Philanthropy Partners Inc Washington, DC | $4,166,381 | $6,325,429 |
Seymour Family Foundation Irrev Charitable Trust Uad 12-21-15 Charlotte, NC | $3,421,952 | $6,290,943 |
Ted And Drama Russell Family Foundation Knoxville, TN | $97,704,141 | $6,828,732 |
Commonwealth Foundation V Richmond, VA | $38,532,929 | $6,620,642 |
Commonwealth Foundation Iv Richmond, VA | $38,533,029 | $6,621,693 |
R E B Foundation Richmond, VA | $74,287,615 | $7,129,947 |
Wythe-Bland Foundation Wytheville, VA | $49,336,372 | $2,855,357 |
National Heritage Foundation Inc Ashburn, VA | $4,189,529 | $1,236,211 |
Community First-Americas Charities Chantilly, VA | $570,100 | $1,672,923 |