To create equitable, personalized learning experiences for learners to reach their full potential.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$600K
-43.7% YoY
Revenue
$480K
-55.9% YoY
Net Investment Income
$2K
-92.3% YoY
Expenses
$1.5M
-25.1% YoY
About LEAP Innovations
Based on IRS filings
LEAP Innovations is a nonprofit organization focused on Human Services, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $600K in total assets. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $600,419 | $1,067,353 | $1,845,737 |
| Revenue | $479,774 | $1,088,512 | $3,776,988 |
| Expenses | $1,511,855 | $2,019,826 | $3,670,508 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,038 | $26,331 | $11,724 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Phyllis Lockett | President & CEO (Until 1/2024) | 40 | $305,784 |
| Kathleen Speth | Vice President, Learning Innovations | 40 | $168,363 |
| Danielle Moehrke | Dir of Strategy & Operations | 40 | $146,996 |
| Silvia Kosovich | Sr Manager Operations & Administration | 40 | $110,065 |
| Scott Frauenheim | CEO (From 1/2024) | 40 | — |
| Ann Chavez | President (From 5/2024) | 40 | — |
| Michael Alter | Chair (Until 1/2024) | 0.5 | — |
| Joseph Wise | Chair (From 1/2024) | 0.5 | — |
| Timothy R Schwertfeger | Director | 0.5 | — |
| Ulrik Christensen | Director (Until 1/2024) | 0.5 | — |
| Helayne Jones | Director | 0.5 | — |
| David Levy | Director (Until 1/2024) | 0.5 | — |
| Leo Melamed | Director (Until 1/2024) | 0.5 | — |
| Michael Moe | Director (Until 1/2024) | 0.5 | — |
| Harriet Seitler | Director | 0.5 | — |
| Kenneth Wong | Director (From 1/2024) | 0.5 | — |
| David Sunstrom | Director (From 1/2024) | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is LEAP Innovations?
LEAP Innovations is a nonprofit organization focused on Human Services, based in CHICAGO, IL. It holds $600K in total assets as of 2024.
How large is LEAP Innovations?
As of 2024, LEAP Innovations holds $600K in total assets with $480K in annual revenue.
Where does LEAP Innovations operate?
LEAP Innovations has awarded grants in Illinois.
What is LEAP Innovations's EIN?
LEAP Innovations's EIN (Employer Identification Number) is 46-4784152. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in LEAP Innovations's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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