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Nonprofiteer
← BE READY INC

Form 990 for tax year 2023

Filed by BE READY INC.

Totals

Total revenue
$51,681
Total expenses
$58,592
Contributions and grants received
$25
Grants paid
$0
Program service revenue
$0
Investment income
$1,683
Other revenue
$49,973
Total assets, end of year
$151,204
Total liabilities, end of year
$6,483
Net assets or fund balances, end of year
$144,721
Program services expenses (Part IX)
$0
Management and general expenses
$58,592
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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

    $25

  • 3 · Investment income

    total $1,683 · excluded $1,683

  • 11a · Other revenue: REIMBURSEMENT - SHARED

    total $49,973 · excluded $49,973

  • 11e · Other revenue, total

    $49,973

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $4,030 · management and general $4,030

  • 11c · Fees: accounting

    total $33,814 · management and general $33,814

  • 11g · Fees: other

    total $11,056 · management and general $11,056

  • 14 · Information technology

    total $2,219 · management and general $2,219

  • 23 · Insurance

    total $4,950 · management and general $4,950

  • 24a · Other expenses: MEMBERSHIPS & SUBSCRIPT

    total $2,523 · management and general $2,523

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $200,693 · end of year $149,999

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,393 · end of year $1,205

  • 17 · Accounts payable and accrued expenses

    beginning of year $481 · end of year $683

  • 25 · Other liabilities

    beginning of year $49,973 · end of year $5,800

  • 27 · Net assets without donor restrictions

    beginning of year $151,632 · end of year $144,721

Mission and programs · 2023

Mission

BE READY INVESTS IN BLACK WOMEN TO PREPARE THEM TO BE CIVICALLY ENGAGED, RUN FOR OFFICE, WIN SEATS OF POWER, DISRUPT INEQUITABLE SYSTEMS, AND IMPACT POLICIES AFFECTING BLACK AND BROWN COMMUNITIES.

Activities or mission (Part I)

BE READY ENDEAVORS TO CREATE A WORLD WITH EQUITABLE REPRESENTATION OF BLACK WOMEN IN POSITIONS OF POWER AND INFLUENCE ACROSS THE NATION.

  • INTRODUCING THE "DEAR AMERICA: VOICES OF THE UNHEARD" DOCU-SERIES:BE READY PARTNERED WITH PROJECT READY TO EXPAND ITS REACH WITH A NATIONAL GET OUT THE VOTE INITIATIVE. THE DOCUMENTARY, "DEAR AMERICA: A MESSAGE FROM BLACK WOMEN," WILL BECOME THE CORNERSTONE OF A LARGER INITIATIVE - A DOCU-SERIES TITLED "DEAR AMERICA: VOICES OF THE UNHEARD." THIS PROJECT ASPIRES TO HOLD UP A SOCIETAL MIRROR, SHOWCASING THE RICH TAPESTRY OF THE AMERICAN EXPERIENCE. BEYOND A GLIMPSE INTO THE LIVES OF THE UNDERREPRESENTED, THIS SERIES IS AN URGENT CALL TO ACTION FOR TANGIBLE SOCIETAL TRANSFORMATION. AS WE STRIVE FOR EQUITY AND DEMOCRACY, "VOICES OF THE UNHEARD" AIMS TO ILLUMINATE THE PATH TO A MORE INCLUSIVE AND EQUITABLE FUTURE.

As filed on the 2023 return.

Listed in Part VII

  • Shennell McCloud

    EXECUTIVE DIRECTOR

    Total calculated
    $263,233
    From this org
    $0
    From related orgs
    $227,344
    Other
    $35,889
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,067 related
    Bonus
    $0 + $7,200 related
    Other
    $0 + $11,077 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $35,889 related
    Filer's total
    $0 + $263,233 related

  • Karin Gerald

    TREASURER/COO

    Total calculated
    $191,552
    From this org
    $0
    From related orgs
    $151,703
    Other
    $39,849
    Hours/week
    8 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $138,618 related
    Bonus
    $0 + $5,700 related
    Other
    $0 + $7,385 related
    Deferred
    $0 + $7,114 related
    Nontaxable benefits
    $0 + $32,735 related
    Filer's total
    $0 + $191,552 related

  • Jazz Clayton-Hunt

    CHAIR

    Total calculated
    $0
    Hours/week
    0.25

  • Danielle West-Augustin

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.17

  • Gillian Francis

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0.17

  • Jacelyn Matthews

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0.17

  • Nicole Harris

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0.17

  • Tai Cooper

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0.17

  • Tanya Johnson

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0.17

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
17 April 2025
IRS schema version
2023v6.0
Source object
202511129349300441

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