Totals
- Total revenue
- $467,515
- Total expenses
- $563,534
- Contributions and grants received
- $416,315
- Grants paid
- $0
- Program service revenue
- $51,200
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $50,153
- Total liabilities, end of year
- $25,982
- Net assets or fund balances, end of year
- $24,171
- Program services expenses (Part IX)
- $488,349
- Management and general expenses
- $57,148
- Fundraising expenses
- $18,037
- Program service expenses (Part III)
- $488,349
Program services were 86.7% 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.
-
1a · Federated campaigns
$10,000
-
1e · Government grants (contributions)
$215,934
-
1f · All other contributions, gifts and grants
$190,381
-
2a · Program service revenue: program revenue
total $51,200 · related or exempt $51,200
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $66,462 · program services $47,307 · management and general $6,385 · fundraising $12,770
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $317,874 · program services $313,199 · management and general $4,081 · fundraising $594
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $17,111 · program services $11,323 · management and general $5,378 · fundraising $410
-
10 · Payroll taxes
total $33,173 · program services $21,951 · management and general $10,427 · fundraising $795
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $20,334 · program services $16,458 · management and general $3,876
-
17 · Travel
total $5,004 · program services $4,334 · fundraising $670
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $625 · program services $313 · management and general $312
-
23 · Insurance
total $7,646 · management and general $7,646
-
24a · Other expenses: legal and professional
total $28,896 · program services $19,963 · management and general $7,514 · fundraising $1,419
-
24b · Other expenses: meals and entertainment
total $14,860 · program services $14,573 · management and general $224 · fundraising $63
-
24c · Other expenses: dues and subscriptions
total $14,576 · program services $5,873 · management and general $8,180 · fundraising $523
-
24d · Other expenses: supplies and materials
total $10,177 · program services $9,099 · management and general $860 · fundraising $218
-
24e · All other expenses
total $26,796 · program services $23,956 · management and general $2,265 · fundraising $575
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $123,918 · end of year $32,879
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $4,971 · end of year $10,399
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$7,500
-
10b · Land, buildings and equipment: accumulated depreciation
$625
-
10c · Land, buildings and equipment, net
end of year $6,875
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,632 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $10,331 · end of year $25,982
-
27 · Net assets without donor restrictions
beginning of year $120,190 · end of year $24,171
Mission and programs · 2022
Mission
the organization's mission is to promote equity by empowering under-resourced youth to discover & develop their innate creative potential to shape the world around them. it accomplishes its mission by running summer & after-school programs for baltimore city public school students. the topics are creative problem solving (design thinking), how to make & create products (digital fabrication, sewing, woodworking, graphic design), and entrepreneurship (in teams, students form ventures).
-
during the school year the organization ran a multitude of after-school programs in which students continued their work, learning and ventures from the summer "bet on baltimore" program. the curriculum focused on design thinking, making and entrepreneurship.
Expenses $189,236
-
ran a 5 week summer program called "bet on baltimore" that served 80 students across 6 program sites. students learned to build products & then launched ventures for the new products created. others applied creative problem solving and design thinking to better understand social issues in their community, prototype solutions and launched ventures to address the issues.
Expenses $171,201
-
during the school year the organization ran a program called "made@dent" in which youth were paid hourly to design and create custom products to be sold to local organizations and individuals. students created custom nameplates, keychains and cards, learning how to build a business and create products at scale, all, while earning.
Expenses $127,912
As filed on the 2022 return.
Listed in Part VII
-
rajan patel
FORMER CEO
- Total calculated
- $66,462
- From this org
- $66,462
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
jackie neumann
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Ryan Livingston
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
evan taylor
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
brady locher
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Sonica Reagins-Lilly
Director
- Total calculated
- $0
- Hours/week
- 2
-
Alanah Nicole Davis
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kerrie CardenKERRIE CARDEN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Matthew WOLF
CEO
- Total calculated
- $0
- Hours/week
- 40
-
khalid SMITH
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jay NwachuJAY NWACHU
Director
- Total calculated
- $0
- Hours/week
- 2
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303179349304795
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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