Totals
- Total revenue
- $529,061
- Total expenses
- $242,251
- Contributions and grants received
- $527,706
- Grants paid
- $9,924
- Program service revenue
- $1,325
- Investment income
- $30
- Other revenue
- $0
- Total assets, end of year
- $320,438
- Total liabilities, end of year
- $16,525
- Net assets or fund balances, end of year
- $303,913
- Program services expenses (Part IX)
- $150,410
- Management and general expenses
- $52,252
- Fundraising expenses
- $39,589
- Program service expenses (Part III)
- $150,410
Program services were 62.1% 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)
$75,000
-
1f · All other contributions, gifts and grants
$452,706
-
2a · Program service revenue: PROGRAM FEES
total $1,325 · related or exempt $1,325
-
3 · Investment income
total $30 · excluded $30
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $9,924 · program services $9,924
-
5 · Compensation of officers, directors and key employees
total $47,500 · program services $23,750 · management and general $11,875 · fundraising $11,875
-
7 · Other salaries and wages
total $44,632 · program services $34,929 · management and general $9,578 · fundraising $125
-
10 · Payroll taxes
total $8,814 · program services $5,753 · management and general $2,005 · fundraising $1,056
-
11a · Fees: management
total $36,019 · program services $18,009 · management and general $9,005 · fundraising $9,005
-
11b · Fees: legal
total $2,250 · program services $1,980 · management and general $270
-
11c · Fees: accounting
total $6,058 · management and general $6,058
-
11g · Fees: other
total $52,216 · program services $30,700 · management and general $6,755 · fundraising $14,761
-
12 · Advertising and promotion
total $13,226 · program services $11,926 · fundraising $1,300
-
13 · Office expenses
total $7,854 · program services $5,980 · management and general $1,268 · fundraising $606
-
16 · Occupancy
total $1,853 · management and general $1,853
-
17 · Travel
total $4,870 · program services $4,112 · management and general $188 · fundraising $570
-
19 · Conferences, conventions and meetings
total $2,022 · program services $1,953 · fundraising $69
-
23 · Insurance
total $2,756 · program services $442 · management and general $2,314
-
24a · Other expenses: MISCELLANEOUS
total $2,257 · program services $952 · management and general $1,083 · fundraising $222
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $60,327
-
2 · Savings and temporary cash investments
end of year $249,713
-
9 · Prepaid expenses and deferred charges
end of year $10,148
-
15 · Other assets
beginning of year $0 · end of year $250
-
17 · Accounts payable and accrued expenses
end of year $16,525
-
27 · Net assets without donor restrictions
end of year $204,325
-
28 · Net assets with donor restrictions
end of year $99,588
Mission and programs · 2022
Mission
CLIMB'S MISSION IS TO HELP TEENS AND YOUNG ADULTS IMPROVE THEIR FINANCIAL CAPABILITY THROUGH EDUCATION AND CAPITAL MARKET ENGAGEMENT.
-
CLIMB USA HOSTED MULTI-REGIONAL STOCK MARKET EXPERIENCE WHICH WAS A PERFECT COMBINATION OF FUN, NETWORKING, FRIENDLY COMPETITION AND LEARNING TO BUILD WEALTH! THE SME IS A SIMULATION INVESTMENT GAME DESIGNED FOR MIDDLE & HIGH SCHOOL STUDENTS, AS WELL AS ADULTS.
Expenses $53,669 · Grants $6,974 · Revenue $1,250
-
CLIMB COMMUNITY BASED INVESTMENT ENTERPRISES PROVIDED REAL-TIME EDUCATIONAL EXPERIENCES IN LEARNING THE BASICS OF INVESTING AND BUILDING WEALTH THROUGH A STOCK PORTFOLIO.
Expenses $57,329
-
THE CLIMB YOUTH LEADERSHIP PROGRAM IS A SPECIAL (VIRTUAL) SPACE FOR AMBITIOUS YOUTH TO LEARN AND DEVELOP "THE ECONOMIC WAY OF THINKING AND LIVING". THE VIRTUAL SESSIONS ADDRESS VARIOUS FINANCIAL AND HUMAN DEVELOPMENT TOPICS THAT ARE INTERESTING AND RELEVANT FOR TODAY'S TEENS AND YOUNG ADULTS. EACH PARTICIPANT IS ALSO GUIDED THROUGH THE PROCESS OF SELECTING A SPECIAL TOPIC OF INTEREST TO RESEARCH AND PREPARE AS A PRESENTATION FOR THEIR CAPSTONE IN MAY OF EACH YEAR.
Expenses $12,808 · Grants $1,600
-
GO4IT!'S MISSION IS TO PROMOTE ENTREPRENEURSHIP AMONG URBAN YOUTH AND YOUNG ADULTS THROUGH BUSINESS AND INVESTMENT EDUCATION, TRAINING, AND PROJECT-BASED INITIATIVES. GO4IT! ACCOMPLISHES ITS MISSION THROUGH AN INTER-AGENCY COLLABORATION OF YOUTH-SERVING COMMUNITY-BASED ORGANIZATIONS.
Expenses $4,359 · Revenue $75
-
THE CLIMB ECONOMIC CLUB (CEC) WAS ESTABLISHED TO HOST FORUMS TO EXPLORE AND DISCUSS ECONOMIC ISSUES THAT ARE PERTINENT TO PEOPLE AND COMMUNITIES OF COLOR. THE CEC FORUM TOPICS ARE CURATED AND PLANNED BY THE CLIMB ECONOMIC CLUB ROUNDTABLE WHICH IS COMPRISED OF NATIONALLY RENOWNED ECONOMISTS, THOUGHT LEADERS, AND ENLIGHTENED BUSINESS EXECUTIVES.
Expenses $1,204
-
OTHER PROGRAMS - CO-LED BY UNITED WAY, CITY OF MILWAUKEE, MILWAUKEE DEPARTMENT OF HEALTH - OFFICE OF VIOLENCE PREVENTION, AND CLIMB USA, MILWAUKEE'S FINANCIAL EDUCATION NETWORK HAS COME TOGETHER TO TAKE A CLOSER LOOK AT THE FINANCIAL LITERACY GAP THROUGH A COLLECTIVE IMPACT INITIATIVE. THIS NETWORK WILL ESTABLISH A SHARED FINANCIAL EDUCATION AGENDA TO COLLECTIVELY ADDRESS THE FINANCIAL EDUCATION NEEDS AND OPPORTUNITIES FOR MILWAUKEE'S YOUTH OF COLOR.
Expenses $21,041 · Grants $1,350
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Donald DantzlerDONALD DANTZLER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mark SchugMARK SCHUG
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Salli MartyniakSALLI MARTYNIAK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Anthony CobbANTHONY COBB
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy TardyJEREMY TARDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carla CrossCARLA CROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jamar JonesJAMAR JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert WynnROBERT WYNN
EXECUTIVE DIRECTOR
- Total calculated
- $47,500
- From this org
- $47,500
- From related orgs
- $0
- Other
- $0
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341949349301304
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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