Totals
- Total revenue
- $548,543
- Total expenses
- $417,786
- Contributions and grants received
- $452,382
- Grants paid
- $3,750
- Program service revenue
- $93,940
- Investment income
- $322
- Other revenue
- $1,899
- Total assets, end of year
- $316,502
- Total liabilities, end of year
- $75,176
- Net assets or fund balances, end of year
- $241,326
- Program services expenses (Part IX)
- $315,723
- Management and general expenses
- $84,525
- Fundraising expenses
- $17,538
- Program service expenses (Part III)
- $315,723
Program services were 75.6% 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
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$163,179
-
1f · All other contributions, gifts and grants
$289,203
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Fee for Service Income
total $93,940 · related or exempt $93,940 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $322 · related or exempt $0 · unrelated business $0 · excluded $322
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$1,629
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $1,629 · unrelated business $0 · excluded $1,629
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$852
-
10b · Cost of goods sold
$582
-
10c · Net income from sales of inventory
total $270 · related or exempt $270 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,350 · program services $2,350
-
3 · Grants to foreign organizations and individuals
total $1,400 · program services $1,400
-
5 · Compensation of officers, directors and key employees
total $157,607 · program services $110,325 · management and general $39,402 · fundraising $7,880
-
7 · Other salaries and wages
total $26,243 · program services $13,042 · management and general $13,201 · fundraising $0
-
9 · Other employee benefits
total $3,635 · program services $2,544 · management and general $909 · fundraising $182
-
10 · Payroll taxes
total $14,559 · program services $9,742 · management and general $4,201 · fundraising $616
-
11c · Fees: accounting
total $13,541 · program services $0 · management and general $13,541 · fundraising $0
-
11g · Fees: other
total $67,332 · program services $67,332 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $5,739 · program services $211 · management and general $0 · fundraising $5,528
-
13 · Office expenses
total $15,923 · program services $13,956 · management and general $1,967 · fundraising $0
-
14 · Information technology
total $2,664 · program services $2,664 · management and general $0 · fundraising $0
-
16 · Occupancy
total $24,512 · program services $16,808 · management and general $7,704
-
17 · Travel
total $9,673 · program services $9,673 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $3,406 · program services $3,406 · management and general $0 · fundraising $0
-
23 · Insurance
total $3,844 · program services $3,075 · management and general $769 · fundraising $0
-
24a · Other expenses: Event Expense
total $27,033 · program services $23,082 · management and general $1,503 · fundraising $2,448
-
24b · Other expenses: Program Supplies and Equipment
total $25,933 · program services $25,933 · management and general $0 · fundraising $0
-
24c · Other expenses: Program Food
total $3,847 · program services $3,847 · management and general $0 · fundraising $0
-
24d · Other expenses: Youth Stipends
total $4,811 · program services $4,811 · management and general $0 · fundraising $0
-
24e · All other expenses
total $3,734 · program services $1,522 · management and general $1,328 · fundraising $884
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $62,312 · end of year $297,960
-
2 · Savings and temporary cash investments
end of year $5,076
-
4 · Accounts receivable
beginning of year $59,702 · end of year $11,616
-
9 · Prepaid expenses and deferred charges
end of year $1,850
-
17 · Accounts payable and accrued expenses
beginning of year $11,445 · end of year $30,131
-
19 · Deferred revenue
end of year $45,045
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $85,207 · end of year $171,311
-
28 · Net assets with donor restrictions
beginning of year $25,362 · end of year $70,015
Mission and programs · 2022
Mission
TRUE Skool's mission is to use creative arts as a tool to engage youth and communities in social justice, humanities, education, leadership and workforce development.
Activities or mission (Part I)
To engage, educate and empower youth and communities through the creative arts and hip hop culture.
-
TRUE Skool engages, educates and empowers youth through transformative arts and hip hop culture cultivating the next generation of leadership who are invested in the growth of our city and having a positive social impact. During 2022, TRUE Skool served over 500 youth through virtual, in person and in school residencies empowering the next generation of leadership to be invested in the current growth of our city, having a positive social impact in areas not limited to but focused on environment and placemaking.
Expenses $315,723 · Grants $3,750 · Revenue $93,940
As filed on the 2022 return.
Listed in Part VII
-
Shalina S Ali
Co-Executive Director
- Total calculated
- $74,970
- From this org
- $74,970
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Fidel Verdin
Co-Executive Director
- Total calculated
- $74,970
- From this org
- $74,970
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Tiffany Stankiewicz
President
- Total calculated
- $0
- Hours/week
- 3
-
Kurt Davis
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
JoAnna Bautch
Communications Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Mo Hussein
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tom Golding
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lilith Fowler
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349312121
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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