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Nonprofiteer
← BY DEGREES FOUNDATION

Form 990 for tax year 2023

Filed by BY DEGREES FOUNDATION.

Totals

Total revenue
$879,005
Total expenses
$882,052
Contributions and grants received
$891,406
Grants paid
$113,962
Program service revenue
$0
Investment income
$0
Other revenue
-$12,401
Total assets, end of year
$421,193
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$421,193
Program services expenses (Part IX)
$580,505
Management and general expenses
$178,125
Fundraising expenses
$123,422
Program service expenses (Part III)
$580,505

Program services were 65.8% 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.

  • 1c · Fundraising events

    $59,689

  • 1e · Government grants (contributions)

    $10,000

  • 1f · All other contributions, gifts and grants

    $821,717

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $59,689

  • 8b · Fundraising events: direct expenses

    $12,401

  • 8c · Net income from fundraising events

    total -$12,401 · excluded -$12,401

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $113,962 · program services $113,962

  • 5 · Compensation of officers, directors and key employees

    total $118,715 · program services $78,786 · management and general $23,008 · fundraising $16,921

  • 7 · Other salaries and wages

    total $422,111 · program services $280,137 · management and general $81,810 · fundraising $60,164

  • 8 · Pension plan contributions

    total $23,777 · program services $15,780 · management and general $4,608 · fundraising $3,389

  • 9 · Other employee benefits

    total $39,332 · program services $26,103 · management and general $7,623 · fundraising $5,606

  • 10 · Payroll taxes

    total $50,254 · program services $33,351 · management and general $9,740 · fundraising $7,163

  • 11c · Fees: accounting

    total $10,918 · management and general $10,918

  • 12 · Advertising and promotion

    total $26,685 · management and general $13,343 · fundraising $13,342

  • 13 · Office expenses

    total $10,188 · program services $687 · management and general $4,405 · fundraising $5,096

  • 14 · Information technology

    total $3,033 · management and general $2,275 · fundraising $758

  • 16 · Occupancy

    total $3,879 · program services $1,379 · management and general $1,250 · fundraising $1,250

  • 19 · Conferences, conventions and meetings

    total $4,499 · program services $185 · management and general $2,157 · fundraising $2,157

  • 22 · Depreciation, depletion and amortization

    total $7,134 · program services $7,134

  • 23 · Insurance

    total $16,447 · program services $6,299 · management and general $10,148

  • 24a · Other expenses: PROFESSIONAL DEVELOPMEN

    total $13,968 · program services $13,968

  • 24b · Other expenses: DUES AND MEMBERSHIP

    total $13,463 · program services $1,823 · management and general $6,824 · fundraising $4,816

  • 24c · Other expenses: FUNDRAISING

    total $2,760 · fundraising $2,760

  • 24d · Other expenses: EQUIPMENT MAINTENANCE

    total $879 · program services $879

  • 24e · All other expenses

    total $48 · program services $32 · management and general $16

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $411,755 · end of year $415,842

  • 10a · Land, buildings and equipment: cost or other basis

    $53,923

  • 10b · Land, buildings and equipment: accumulated depreciation

    $48,572

  • 10c · Land, buildings and equipment, net

    beginning of year $12,485 · end of year $5,351

  • 27 · Net assets without donor restrictions

    beginning of year $424,240 · end of year $412,618

  • 28 · Net assets with donor restrictions

    end of year $8,575

Mission and programs · 2023

Mission

BY DEGREES FOUNDATION WORKS TO INCREASE HIGH SCHOOL GRADUATION AND POSTSECONDARY READINESS RATES THROUGH AN EXPANSIVE, K-12 CULTURE OF FUTURE-FOCUSED PLANNING AND SAVING. TO MEET OUR GOALS, WE ENGAGE COMMUNITY PARTNERSHIPS THAT ADDRESS BARRIERS AND INCORPORATE POSTSECONDARY AND CAREER READINESS ACTIVITES, FINANCIAL EDUCATION, AND ASSET BUILDING FOR WHOLE NEIGHBORHOODS OF STUDENTS.

Activities or mission (Part I)

EMPOWER CHILDREN FROM LOW-INCOME COMMUNITIES TO REACH THEIR EDUCATIONAL GOALS.

  • THE ORGANIZATION PROVIDED ACADEMIC AND WRAP-AROUND SUPPORTS FOR STUDENTS TO ENSURE THAT MORE STUDENTS GRADUATE FROM HIGH SCHOOL READY FOR COLLEGE AND CAREERS. THE ORGANIZATION SUPPORTED STUDENTS IN ITS COHORT PROGRAM NOW IN COLLEGE, AND ALL STUDENTS AT FINDLEY ELEMENTARY AND HARDING MIDDLE SCHOOL WITH MENTORING, ACADEMIC ASSISTANCE, CAREER GUIDANCE AND COLLEGE EXPLORATION OPPORTUNITIES. STUDENTS IN THE COHORT PROGRAM RECEIVED COLLEGE TUITION SCHOLARSHIPS, AND STUDENTS AT FINDLEY AND HARDING WERE ELIGIBLE TO EARN MONEY INTO A COLLEGE SAVINGS ACCOUNT. MORE THAN 2,300 STUDENTS WERE SUPPORTED BY THE ORGANIZATION.

    Expenses $580,505 · Grants $113,962

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ken McCullum

    OFFICER

    Total calculated
    $0
    Hours/week
    2
  • Bryan O'Neill

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Mondale Smith

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Justin Greenfield

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Tara Deering-Hansen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Terry Gallagher

    FORMER

    Total calculated
    $0
    Hours/week
    1
  • Rod Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joan Middleton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Everett Miles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peri Montufar

    FORMER

    Total calculated
    $0
    Hours/week
    1
  • Megan Mortier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nikki Syverson

    FORMER

    Total calculated
    $0
    Hours/week
    1
  • Mee Yang-Lee

    FORMER

    Total calculated
    $0
    Hours/week
    1
  • Sabrina Zenor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alison Cate

    FORMER

    Total calculated
    $0
    Hours/week
    1
  • Natalie Nguyen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Nichols

    FORMER

    Total calculated
    $0
    Hours/week
    1
  • Emily Westergaard

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $111,466
    From this org
    $105,936
    From related orgs
    $0
    Other
    $5,530
    Hours/week
    45

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
2023
Filed
17 February 2025
IRS schema version
2023v6.0
Source object
202520739349301657

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