Totals
- Total revenue
- $233,856
- Total expenses
- $347,380
- Contributions and grants received
- $220,084
- Grants paid
- $11,000
- Program service revenue
- $0
- Investment income
- $13,772
- Other revenue
- $0
- Total assets, end of year
- $441,355
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $441,355
- Program services expenses (Part IX)
- $216,046
- Management and general expenses
- $109,784
- Fundraising expenses
- $21,550
- Program service expenses (Part III)
- $216,046
Program services were 62.2% 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.
-
1f · All other contributions, gifts and grants
$220,084
-
3 · Investment income
total $13,772 · related or exempt $13,772
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $11,000 · program services $11,000
-
11a · Fees: management
total $87,500 · management and general $87,500
-
11c · Fees: accounting
total $15,959 · management and general $15,959
-
14 · Information technology
total $3,123 · fundraising $3,123
-
17 · Travel
total $5,684 · program services $5,684
-
23 · Insurance
total $2,812 · management and general $2,812
-
24a · Other expenses: AWARENESS & PROGRAM
total $198,590 · program services $198,590
-
24b · Other expenses: FUNDRAISING TOOLS & SUB
total $17,100 · fundraising $17,100
-
24c · Other expenses: BANK CHARGES & FEES
total $3,513 · management and general $3,513
-
24d · Other expenses: PR & MEDIA RELATION
total $1,327 · fundraising $1,327
-
24e · All other expenses
total $772 · program services $772
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $554,879 · end of year $441,355
-
27 · Net assets without donor restrictions
beginning of year $554,879 · end of year $441,355
Mission and programs · 2024
Mission
TO SPREAD JOY AND KINDNESS BY PAYING OFF LAY AWAY BALANCES OF INDIVIDUALS IN NEED.
-
WE PARTNER WITH MAJOR RETAILERS TO PAY OFF LAYAWAY BALANCES NATIONWIDE. BY HELPING FAMILIES AND CHILDREN DURING THE HOLIDAYS AND WITH BACK-TO-SCHOOL SUPPORT, PAY AWAY THE LAYAWAY INC. NOT ONLY CEASES FINANCIAL BURDENS, BUT ALSO SPREADS JOY AND HOPE.
Expenses $216,046 · Grants $11,000
As filed on the 2024 return.
Listed in Part VII
-
Lee KarchawerLEE KARCHAWER
PRESIDENT / TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Savannah FosterSAVANNAH FOSTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ngum SuhNGUM SUH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brad TobinBRAD TOBIN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Morgan ZalkinMORGAN ZALKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert KarchawerROBERT KARCHAWER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Steve RyanSTEVE RYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ian BellIAN BELL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Eric SchwartzERIC SCHWARTZ
VICE PRESIDENT
- 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
- 2024
- Filed
- 23 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620239349301117
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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