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Nonprofiteer
← FAR AND WISE INC

Form 990 for tax year 2023

Filed by FAR AND WISE INC.

Totals

Total revenue
$1,734,335
Total expenses
$1,252,669
Contributions and grants received
$1,690,996
Grants paid
$54,453
Program service revenue
$0
Investment income
$66,422
Other revenue
-$23,083
Total assets, end of year
$3,096,890
Total liabilities, end of year
$12,797
Net assets or fund balances, end of year
$3,084,093
Program services expenses (Part IX)
$973,480
Management and general expenses
$155,964
Fundraising expenses
$123,225
Program service expenses (Part III)
$973,480

Program services were 77.7% 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.

  • 1c · Fundraising events

    $980,143

  • 1f · All other contributions, gifts and grants

    $710,853

  • 1g · Noncash contributions included above

    $75,422

  • 3 · Investment income

    total $55,410 · excluded $55,410

  • 7a · Gross sales of assets other than inventory

    securities $326,038 · other assets $1,965

  • 7b · Less cost or other basis and sales expenses

    securities $316,991

  • 7c · Gain or loss

    securities $9,047 · other assets $1,965

  • 7d · Net gain or loss

    total $11,012 · excluded $11,012

  • 8a · Fundraising events: gross income

    $43,232

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

    $980,143

  • 8b · Fundraising events: direct expenses

    $67,015

  • 8c · Net income from fundraising events

    total -$23,783

  • 11a · Other revenue: CASH REWARDS

    total $700 · excluded $700

  • 11e · Other revenue, total

    $700

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $54,453 · program services $54,453

  • 7 · Other salaries and wages

    total $699,525 · program services $586,832 · management and general $77,787 · fundraising $34,906

  • 9 · Other employee benefits

    total $15,450 · program services $11,741 · management and general $3,011 · fundraising $698

  • 10 · Payroll taxes

    total $66,039 · program services $55,261 · management and general $7,489 · fundraising $3,289

  • 11c · Fees: accounting

    total $10,101 · program services $5,050 · management and general $5,051

  • 11g · Fees: other

    total $107,284 · program services $83,650 · management and general $19,254 · fundraising $4,380

  • 12 · Advertising and promotion

    total $62,712 · program services $25,022 · management and general $63 · fundraising $37,627

  • 13 · Office expenses

    total $14,273 · program services $8,329 · management and general $2,100 · fundraising $3,844

  • 14 · Information technology

    total $12,400 · program services $5,768 · management and general $5,127 · fundraising $1,505

  • 16 · Occupancy

    total $8,137 · program services $3,668 · management and general $2,069 · fundraising $2,400

  • 17 · Travel

    total $8,059 · program services $8,059

  • 19 · Conferences, conventions and meetings

    total $11,953 · program services $7,256 · management and general $2,849 · fundraising $1,848

  • 23 · Insurance

    total $28,424 · program services $14,358 · management and general $14,044 · fundraising $22

  • 24a · Other expenses: BASE CAMP

    total $20,100 · program services $20,100

  • 24b · Other expenses: CCE - CENTER FOR CAREER E

    total $16,347 · program services $16,347

  • 24c · Other expenses: AUCTION

    total $16,308 · program services $6,523 · fundraising $9,785

  • 24d · Other expenses: SUPPLIES - PROGRAM EXPENS

    total $14,590 · program services $14,590

  • 24e · All other expenses

    total $86,514 · program services $46,473 · management and general $17,120 · fundraising $22,921

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $373,835 · end of year $203,689

  • 2 · Savings and temporary cash investments

    beginning of year $132,787 · end of year $318,062

  • 11 · Investments: publicly traded securities

    beginning of year $1,723,320 · end of year $2,575,139

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,883 · end of year $12,797

  • 27 · Net assets without donor restrictions

    beginning of year $1,870,823 · end of year $2,831,511

  • 28 · Net assets with donor restrictions

    beginning of year $354,236 · end of year $252,582

Mission and programs · 2023

Mission

TO PROVIDE ACADEMIC SUPPORT AND EXPERIENTIAL EDUCATION FOR STUDENTS FROM EARLY ELEMENTARY THROUGH MIDDLE, HIGH SCHOOL AND BEYOND, AND BY REMOVING FINANCIAL AND OTHER BARRIERS, ENSURES THAT ALL STUDENTS CAN ACHIEVE THIER EDUCATION, CAREER AND LIFE GOALS.

  • CORE PROGRAM:OVER 100 STUDENTS SERVED IN GRADES KINDER THROUGH 4TH GRADE.

    Expenses $776,899

  • POST-SECONDARY: 55 CORE GRADUATES CAN RECEIVE/DO RECEIVE SUPPORT THROUGH MENTORSHIP, TUITION SUPPORT, FINANCIAL AID AND CAREER GUIDANCE.

    Expenses $121,755 · Grants $54,453

  • CENTER FOR CAREER EXPLORATION: APPROXIMATELY 100 STUDENTS SERVED. STUDENTS ATTENDED CAREER CAMPS AND CLASSES TO EXPLORE AND LEARN JOB SKILLS AND PATHWAYS TO JOB PLACEMENT.

    Expenses $74,826

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

Listed in Part VII

  • PAMELA MANN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • PETER BECKER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • LYNN TOWNSEND-WHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARY BACHMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    6

  • JACK BUNCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • QUIN CURRAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JACOB GREENBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TAYLOR GIBSON-ULLMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • JOYCE HART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • BOB KNOEBEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KENNETH LEWIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JON MAKSIK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KIM PERTEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • BEVERLEY ROBINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • BRENT ROBINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8

  • LAURA ROSE-LEWIS

    EXECUTIVE DI

    Total calculated
    $115,437
    From this org
    $115,437
    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
2023
Filed
15 January 2025
IRS schema version
2023v6.0
Source object
202510229349300816

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