Form 990-EZ for tax year 2022

Totals

Total revenue

$65,202

Total expenses

$61,959

Contributions and grants received

$41,680

Grants paid

— not reported

Program service revenue

$21,271

Membership dues (line 3)

— not reported

Investment income (line 4)

— not reported

Gain or loss on sale of assets (line 5c)

— not reported

Gaming and fundraising events, net (line 6d)

— not reported

Gross profit on inventory sales (line 7c)

-$19

Other revenue (line 8)

$2,270

Total assets, end of year

$9,663

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$9,663

Program service expenses (Part III)

$10,846

Program services were 17.5% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

• THE MENTORING PROGRAM IS GEARED TOWARD AFTICAN AMERICAN/BIRACIAL YOUTH (6TH - 12TH GRADE) TO HELP WITH VARIOUS THINGS, INCLUDING TO CHANGE THE PERCEPTION OF AFRICAN AMERICAN MALES AND FEMALES IN A PREDOMINANTLY WHITE COMMUNITY., CREATE A SAFE ENVIRONMENT FOR STUDENTS TO BE AND EXPRESS THEMSELVES, EMPOWER MENTEES TO BE GOOD SAMARITANS, HELP MENTEES LEARN AND DEVELOP NECESSARY LIFE SKILLS, HELP MENTEES TAKE ADVANTAGE OF OPPORTUNITIES, HELP MENTEES DEVELOP NETWORKING AND SOCIAL SKILLS, BUILD TRUST, STRENGTHEN EDUCATIONAL PIPELINE, IMPROVE FACULTY, STAFF, AND COMMUNITY CULTURAL COMPETENCY. AND INCREASE GRADUATION RATES FOR AFRICAN AMERICAN AND BIRACIAL POPULATION.

  Expenses $10,155

•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

  Expenses $691

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990_ez

Tax year

2022

Filed

14 November 2023

IRS schema version

2022v5.0

Source object

202343199349208819

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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