2025-09-15T08:42:34-07:00 2024-10-31 954806079 Kiyohara & Takahashi LLP 13300 Crossroads Pkwy N Ste 100 City of Industry CA 91746 990 2023-11-01 953879677 Leadership Education for Asian Pacifics Inc LEAD 2134851422 327 E 2nd Street 226 Los Angeles CA 90012 Linda Akutagawa President & CEO 2025-09-15 true true Pia C Eckhert CPA P00646377 3232781300 2023 2025-03-06 01:10:19Z Linda Akutagawa 327 E 2nd Street 226 Los Angeles CA 90012 2351893 false X www.leap.org X 1982 CA Leap's mission is to achieve full participation and equality for Asian and Pacific Islanders through leadership, empowerment and policy. 15 14 27 10 0 1669825 1115903 998221 1132648 1614 7573 -145428 -166038 2524232 2090086 96289 90781 0 1204981 1136969 0 86887 1345953 1234927 2647223 2462677 -122991 -372591 2186271 2021884 1006346 1214548 1179925 807336 X Leap's mission is to achieve full participation and equality for Asian and Pacific Islanders through leadership, empowerment and policy. false false 1113238 DEVELOPING PEOPLE - LEADERSHIP DEVELOPMENT AND TRAINING PROGRAMS FOR UPPER MANAGEMENT ASIAN AND PACIFIC ISLANDERS (API). SUCH PROGRAMS INCLUDED: 1) CUSTOMIZED 3-DAY IN-PERSON PATHWAYS OR 6-DAY VIRTUAL PATHWAY PROGRAMS FOR COMPANIES SEEKING TO INCREASE THE SUCCESS OF THEIR API TECHNICAL AND PROFESSIONAL MANAGER/TEAM LEADER LEVELS. CONDUCTED 4 VIRTUAL PROGRAMS WITH 62 PARTICIPANTS AND ONE IN-PERSON 3-DAY PROGRAM FOR 15 PARTICIPANTS. EACH VIRTUAL PARTICIPANT SPENT 24 HOURS OVER A COURSE OF SIX DAYS DURING THE VIRTUAL SESSIONS AND 24 HOURS IN THE IN-PERSON SESSION. PARTICIPANTS ALSO RECEIVED AN AVG OF 8 HOURS (6 TO 12 HOURS) OF INDIVIDUALIZED EXECUTIVE COACHING. 2) LEAP ADVANCE (LDP FOR HIGHER EDUCATION) PROGRAM DESIGNED FOR THE PROFESSIONAL DEVELOPMENT OF API COLLEGE/UNIVERSITY ADMINISTRATORS WAS HELD IN-PERSON AT KELLOGG WEST CONFERENCE CENTER IN POMONA, CA FOR 34 PARTICIPANTS. EACH PARTICIPANT SPENT 28.0 HOURS OVER 3.5 DAYS. 3) LEAP EXCEED, A VIRTUAL EXECUTIVE LEADERSHIP PROGRAM FOR SENIOR MANAGERS AND DIRECTORS CONDUCTED 4 VIRTUAL PROGRAMS TO 49 PARTICIPANTS WHO SPENT 24 HOURS OVER 6 DAYS. DONATED IN-KIND SERVICES FROM TRAINERS, CONSULTANTS AND EXECUTIVE COACHES FOR $52,300, FACILITY USE $10,000, VIDEO SOFTWARE LICENSES $10,020 AND $398 FOR SUPPLIES 504316 EMPOWERING COMMUNITIES - COMPREHENSIVE LEADERSHIP TRAINING, ORGANIZATIONAL DEVELOPMENT AND CAPACITY BUILDING PROGRAMS AND WORKSHOPS TO PROMOTE THE CULTIVATION OF NEW COMMUNITY LEADERS, TO STRENGTHEN THE EFFECTIVENESS OF EXISTING COMMUNITY-BASED ORGANIZATIONS AND TO ESTABLISH A SUPPORTIVE NETWORK FOR MUTUAL ASSISTANCE, RESOURCE SHARING AND COLLABORATIVE PROBLEM SOLVING. IN 2024, PROGRAMS INCLUDED 1) LEAP HYBRID VIRTUAL/IN-PERSON IMPACT DESIGNED TO STRENGTHEN THE CAPACITY OF DIVERSE NONPROFIT ORGANIZATIONS BY PROVIDING API SENIOR STAFF FOR FUTURE AND CURRENT LEADERSHIP AND MANAGEMENT ROLES IN NONPROFIT ORGANIZATIONS. PARTICIPANTS INCLUDED 16 API SENIOR MANAGERS. EACH PARTICIPANT GAINED 40 HOURS OF LEADERSHIP DEVELOPMENT TRAINING AND 8 HOURS OF EXECUTIVE COACHING. AN IMPACT ALUMNI EVENT WAS DELIVERED FOR 26 INDIVIDUALS IN CHICAGO WITH THE CURRENT YEAR COHORT AT THE CONCLUSION OF THE IN-PERSON SESSION. 2)LEAP DELIVERED A HYBRID/IN-PERSON ENGAGE PROGRAM FOR 12 NONPROFIT EXECUTIVE DIRECTORS FROM ACROSS THE USA. EACH EXECUTIVE DIRECTOR ALSO RECEIVED EIGHT HOURS OF EXECUTIVE COACHING. THEIR FINAL PROJECT WAS A SIMULATION TO PRESENT A "PITCH" TO A PANEL OF THE ENGAGE PROGRAM SPONSORS AND COMMUNITY FUNDERS. 3)LEAP EMERGE, 14 COLLEGE STUDENTS PARTICIPATED IN A PAID EIGHT-WEEK HYBRID IN-PERSON AND VIRTUAL SUMMER INTERNSHIP PROGRAM DESIGNED TO DEVELOP YOUNG LEADERS WITH PRACTICAL LEADERSHIP SKILLS. THE SUMMER INTERNS SPENT 200 HOURS OVER EIGHT-WEEKS IN LEADERSHIP TRAINING AND HANDS-ON EXPERIENCE AT IDENTIFIED COMMUNITY-BASED ORGANIZATIONS. AS PART OF THE PROGRAM, INTERNS COLLABORATED ON A GROUP PROJECT TO CREATE A DOCUMENTARY LETTERS TO OUR PEOPLE WHICH HIGHLIGHTED INTERGENERATIONAL STORYTELLING BETWEEN THOSE COMMUNITY MEMBERS IMPACTED BY U.S. IMPERIALISM AND MILITARISM. THE COHORT ALSO HOSTED AN IN-PERSON AND VIRTUAL VIEWING OF THE DOCUMENTARY FOR AN AUDIENCE OF 50 COMMUNITY LEADERS. DONATED IN-KIND SERVICES FOR TRAVEL $15,079 179614 WORKSHOP SERIES - GENERAL LEADERSHIP EDUCATION THROUGH FORUMS, WORKSHOPS AND PRESENTATIONS. WORKSHOPS AND PRESENTATIONS WERE PRIMARILY DELIVERED ON A VIRTUAL PLATFORM. WORKSHOPS HELP PARTICIPANTS ENHANCE THEIR LEADERSHIP SKILLS, ADDRESS THE INFLUENCE OF PERCEPTIONS, BEHAVIORS, AND VALUES ON PERSONAL EFECTIVENESS, AND HELP FOSTER UNDERSTANDING OF API COMMUNITIES, CULTURES AND ISSUES. LENGTHS OF WORKSHOPS VARIED FROM ONE HOUR TO 4 HOURS. 77 WORKSHOPS WERE PRESENTED TO A TOTAL OF 5,469 PARTICIPANTS ACROSS THE UNITED STATES. LEAP ALSO DELIVERED MONTHLY PRESENTATIONS, "LEAP CONNECT", FREE SESSIONS OPEN TO THE GENERAL PUBLIC THAT WERE IN INTERESTED IN CONNECTING TO A LARGER API COMMUNITY VIRTUALLY. 1,583 PARTICIPANTS JOINED THESE MONTHLY ONE-HOUR VIRTUAL GATHERINGS. 35733 1832901 true true false false false false false false false false true false false true true false true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 74 0 false 27 true false false false false false true true false 0 false false false false false false false X 15 14 false false false false false false false true true false false true true true true true true true true false CA X X X Linda Akutagawa 2134851422 327 E 2nd Street 226 Los Angeles CA 90012 Linda Akutagawa President & CEO 40.00 0.00 X X 167264 0 20635 Grace Toy CFO 40.00 0.00 163553 0 24117 SHAHANA SHAH CHIEF DEV OFFICER 40.00 0.00 124230 0 13519 ALEXANDER CENA CHIEF PROG OFFICER 40.00 0.00 105708 0 12882 Jeffrey Hong Director 1.00 0.00 X 0 0 0 Kenneth Chung Director 1.00 0.00 X 0 0 0 Arti Arora Director 1.00 0.00 X 0 0 0 Wen-Fu Wu Chair 2.50 0.00 X X 0 0 0 Denise Lopez Vice Chair 1.00 0.00 X X 0 0 0 Shu Han Journay Director 1.00 0.00 X 0 0 0 Tami Bui Director 1.00 0.00 X 0 0 0 Ursula Quan Director 1.00 0.00 X 0 0 0 Rachel Gabato Treasurer 1.00 0.00 X X 0 0 0 Annabel Sheron Secretary 1.00 0.00 X X 0 0 0 Carlo Dela Fuente Director 1.00 0.00 X 0 0 0 Lillian Teng Director 1.00 0.00 X 0 0 0 Chris Yu Director 1.00 0.00 X 0 0 0 Tammy Tran Director 1.00 0.00 X 0 0 0 560755 71153 4 false true false 0 213 329986 785704 101050 1115903 Community Program Registr 611430 63700 63700 Exceed 611430 368500 368500 Leadership Dev Program 611430 74250 74250 Leadership workshops 611430 271698 271698 Path to Professional Succ 611430 354500 354500 1132648 7573 7573 0 0 0 0 33470 329986 261807 -228337 0 0 Miscellaneous Income 900099 62299 62299 62299 2090086 1194947 7573 0 90781 90781 0 0 152711 85255 44764 22692 0 780898 533298 225312 22288 30379 20144 8593 1642 100018 64776 31102 4140 72963 48341 21107 3515 0 845 845 14139 14139 0 0 0 3908 3908 0 87282 61903 20860 4519 32854 13995 18859 0 47024 30577 16447 5171 4551 342 278 0 1005871 861168 116890 27813 0 0 0 31092 13235 17857 Book depreciation 4001 3001 1000 Miscellaneous 2422 1876 546 Taxes and licenses 918 918 Gain on sale of stock -600 -600 0 2462677 1832901 542889 86887 1195132 1007762 183223 612364 0 532950 162128 0 0 0 0 58481 56266 102170 93322 4094 8848 0 0 0 0 212391 174516 2186271 2021884 364485 340263 429216 697516 212645 176769 1006346 1214548 X 921854 643935 258071 163401 1179925 807336 2186271 2021884 X -372591 2 X false true X true false X 576858 1524489 1720596 1669825 1115903 6607671 0 0 576858 1524489 1720596 1669825 1115903 6607671 0 6607671 3738 1795 3896 1614 7573 18616 0 619 932 5214 13904 62299 82968 6709255 3833620 0.98490 0.99430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65450 59379 6071 36720 33943 2777 8848 DEPOSITS 3666 RIGHT OF USE ASSETS - OPERATING 170850 174516 Lease Liability 176769 176769 2445104 93211 261807 355018 2090086 2090086 2817694 93211 261807 355018 2462676 1 1 2462677 Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 AWARDS CELEBRATION $261807 EMPLOYEE RETENTION CREDIT - 2021 990 $0 INTEREST INCOME FROM ERC - 2021 990 $0 Part XII, Line 2d: Other expenses and losses per audited F/S AWARDS CELEBRATION $261807 X X X X X false CA CELEBRATION AND EXPERIENCE 363456 329986 33470 261807 363456 329986 33470 261807 261807 -228337 true 0 0 Intern stipends 14 90781 Grantmaker's Description of How Grants are Used Program manager communicates with interns and project managers of the Community Based Organization (CBO) where intern is placed. Performance and progress reports are conducted weekly with a final exit interview with both the intern and CBO project managers at the end of the 8 week internship. true true X X X X false false false false false false false false false Grace Toy CFO 163553 5074 19043 187670 Linda Akutagawa President & CEO 167264 5227 15408 187899 X 2 101050 FMV false true true Part I, Line 32, Hire and Use of Third Parties CONSULTANT THAT MANAGES ORGANIZATION'S 4O1K PLAN IS ALSO AN INVESTMENT BROKER THAT SELLS DONATED STOCK PER GIFT POLICY Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: INFORMING SOCIETY - LEAP COMPLETED PHASE 1 OF ITS FOLLOW UP REPORT TO LEAP'S 2020 ASIAN AMERICAN EXECUTIVE LEADERSHIP REPORT. TITLED THE PUSH AND PULL OF LEADERSHIP: UNCOVERING THE FACTORS ADVANCING ASIAN AMERICAN LEADERSHIP. THIS STUDY PROVIDES INSIGHTS INTO THE SUPPORTING MECHANISMS, THE ORGANIZATIONAL BARRIERS AND THE CHARACTERISTICS OF VICE PRESIDENTS AND DIRECTORS LEADING IN MULTIPLE SECTORS (CORPORATE, NONPROFIT, HIGHER EDUCATION, AND GOVERNMENT). PHASE 2 WILL INCLUDE A SURVEY TO FURTHER DELVE INTO THE FINDINGS FROM PHASE 1 AND IS CURRENTLY IN PROGRESS. Form 990, Part VI, Section B, Line 11b The Audit Committee or designated Board member other than the Treasurer has the responsibility for reviewing the organization's Form 990 (including all pertinent schedules)and presenting it the Executive Committee for approval before it is filed with the Internal Revenue Service. In conducting its review of the draft of the Form 990, the audit committee or identified Board member other than the Treasurer conducts a top-level type of review. However, if it is desired or deemed necessary to conduct a more detailed review of the Form 990, then the Audit Committee or identified Board member has the authority to contact the preparer of the Form 990 (CFO) to request copies of relevant detailed tax return workpapers. After the Form 990 has been approved by the Executive Committee, it is emailed to the Board and then filed with the Internal Revenue Service. A presentation is made at the next Board of Directors meeting to update the full Board regarding its review of the Form 990. Form 990, Part VI, Section B, Line 12c The filing organization enforces compliance with their conflict of interest policy by annually administering a conflict of interest questionnaire. All Board members are required to annually review and complete the conflict of interest questionnaire to disclose any previously undisclosed conflicts of interest. Once identified, conflicts of interest are addressed as set forth in the Organization's Conflict of Interest Policy. Form 990, Part VI, Section B, Line 15b The Executive Committee of the Board relies upon comparability data to determine and approve the compensation of the President and CEO. The Executive Committee utilizes resources such as similarly situated exempt organizations in their area to benchmark pay along with market information from other exempt organizations to assess the competitiveness and reasonableness of the compensation. The full Board is also requested to complete an evaluation of the President and CEO. Once a decision has been made by the committee, it is then presented in Executive Session (President and CEO is excused and recused from voting) to the full Board for a vote to approve. A similar process is developed and implemented by the President and CEO for evaluation of key employees and the staff. Form 990, Part VI, Section C, Line 19 The required organizational documents of LEAP are available (for inspection or copying) on LEAP's website and at LEAP's main office during normal business hours at no charge. The public inspection copy of LEAP's Form 990, from the previous three years (at a minimum), are available (for inspection or copying) on LEAP's website and at LEAP's main office during normal busines hours at no charge. The public inspection copy of the Form 990 will not include Schedule B with the names and addresses of contributors. LEAP will make best efforts to ensure that the Forms 990 on its website and held at their main office are the most updated versions of such. When responding to a public inspection request for any organizational document or Form 990 by anyone, the organization shall fulfill such request in a timely manner without inquiring as to the reason for the public inspection request.The organization's Form 990 is also available through Guidestar at www.guidestar.org. Additional governance and LEAP policies are also available on LEAP's website. Form 990, Part XI, Line 9 ROUNDING = $2 Form 990, Part VI, Section A, Line 1a The governing body of the filing organization has delegated the Executive Committee to act on behalf of the governing body on specifically identified matters discussed at Board Meetings. Such authorizations are recorded in the full Board minutes. Members of the Executive Committee are the Chair, Immediate Past Chair, Vice Chairs, Secretary, Treasurer and President and CEO. The Executive Committee meets twice per quarter via teleconference calls which are documented in Executive Committee Minutes. Actions by the Executive Committee are reported by the Board Chair at the quarterly Board Meetings Form 990, Part VII, Column F Employer contribution to 401(k) Linda Akutagawa, President and CEO $5,227Grace Toy, SVP of Administration and CFO $5,074Shahana Shah, Chief Development Officer $5,100Alexander Cena, Chief Programs Officer $4,263Medical and dental premiumsLinda Akutagawa, President and CEO $15,408Grace Toy, SVP of Administration and CFO $19,043Shahana Shah, Chief Development Officer $8,419Alexander Cena, Chief Programs Officer $8,619