Totals
- Total revenue
- $1,203,040
- Total expenses
- $1,458,042
- Contributions and grants received
- $1,205,483
- Grants paid
- $689,860
- Program service revenue
- $0
- Investment income
- -$2,443
- Other revenue
- $0
- Total assets, end of year
- $240,574
- Total liabilities, end of year
- $249,370
- Net assets or fund balances, end of year
- -$8,796
- Program services expenses (Part IX)
- $1,338,865
- Management and general expenses
- $119,177
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,338,865
Program services were 91.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,199,857
-
1f · All other contributions, gifts and grants
$5,626
-
3 · Investment income
total $3,409 · excluded $3,409
-
7a · Gross sales of assets other than inventory
securities $58,810
-
7b · Less cost or other basis and sales expenses
securities $64,662
-
7c · Gain or loss
securities -$5,852
-
7d · Net gain or loss
total -$5,852 · excluded -$5,852
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $689,860 · program services $689,860
-
5 · Compensation of officers, directors and key employees
total $78,912 · program services $68,653 · management and general $10,259
-
7 · Other salaries and wages
total $194,339 · program services $169,075 · management and general $25,264
-
8 · Pension plan contributions
total $14,382 · program services $12,512 · management and general $1,870
-
9 · Other employee benefits
total $39,933 · program services $34,742 · management and general $5,191
-
10 · Payroll taxes
total $18,364 · program services $15,977 · management and general $2,387
-
11c · Fees: accounting
total $13,805 · program services $12,010 · management and general $1,795
-
11f · Fees: investment management
total $25 · management and general $25
-
11g · Fees: other
total $36,530 · program services $31,781 · management and general $4,749
-
13 · Office expenses
total $23,689 · program services $20,609 · management and general $3,080
-
14 · Information technology
total $11,246 · program services $9,784 · management and general $1,462
-
16 · Occupancy
total $45,548 · program services $39,627 · management and general $5,921
-
17 · Travel
total $139,739 · program services $121,573 · management and general $18,166
-
24a · Other expenses: UTILITIES
total $35,224 · program services $30,645 · management and general $4,579
-
24b · Other expenses: PROJECTS AND WORKSHOPS
total $30,462 · program services $30,462
-
24c · Other expenses: BOARD EXPENSES
total $27,246 · program services $23,704 · management and general $3,542
-
24d · Other expenses: SCHOLARSHIP EXPENSE
total $15,556 · program services $13,534 · management and general $2,022
-
24e · All other expenses
total $43,182 · program services $14,317 · management and general $28,865
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $54,904 · end of year $72,178
-
3 · Pledges and grants receivable
beginning of year $102,557 · end of year $13,754
-
11 · Investments: publicly traded securities
beginning of year $208,046 · end of year $154,642
-
17 · Accounts payable and accrued expenses
beginning of year $144,444 · end of year $249,370
-
27 · Net assets without donor restrictions
beginning of year $221,063 · end of year -$8,796
Mission and programs · 2022
Mission
TO INCREASE ACCESS TO AND PREPARE ELEMENTARY THROUGH HIGH SCHOOL STUDENTS FOR SUCCESS IN POST-SECONDARY EDUCATION.
-
PROVIDES EQUAL ACCESS TO MINORITY AND LOW INCOME STUDENTS TO HIGHER EDUCATION AND PROVIDE PARENTS WITH INFORMATION TO HELP PLAN CHILDREN'S FUTURES.
Expenses $1,338,865 · Grants $689,860
As filed on the 2022 return.
Listed in Part VII
-
Chase StewartCHASE STEWART
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Linda LinnartzLINDA LINNARTZ
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Bart EdmundsBART EDMUNDS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Cathie SkaggsCATHIE SKAGGS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Renee BrownRENEE BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Beatrice DaltonBEATRICE DALTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Taneia DowellTANEIA DOWELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
David FosterDAVID FOSTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Stephanie Moon-ReynoldsSTEPHANIE MOON-REYNOLDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Karen Ely-SandersKAREN ELY-SANDERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth ShultzELIZABETH SHULTZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
James WorsleyJAMES WORSLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lashanda EllingtonLASHANDA ELLINGTON
EXECUTIVE DI
- Total calculated
- $76,250
- From this org
- $69,750
- From related orgs
- $0
- Other
- $6,500
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$71,190
-
$57,778
-
EMERGE RESOURCE LLC
$52,844
-
$46,287
-
$42,309
-
$40,595
-
QUIN RIVERS DBA THRIVE VIRGINIA
$37,657
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401369349306700
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.