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Nonprofiteer
← LITTLE BIT FOUNDATION

Form 990 for tax year 2024

Filed by LITTLE BIT FOUNDATION.

Totals

Total revenue
$4,638,732
Total expenses
$5,409,578
Contributions and grants received
$4,288,382
Grants paid
$1,336,193
Program service revenue
$0
Investment income
$473,555
Other revenue
-$123,205
Total assets, end of year
$8,700,212
Total liabilities, end of year
$2,192,640
Net assets or fund balances, end of year
$6,507,572
Program services expenses (Part IX)
$4,312,733
Management and general expenses
$741,975
Fundraising expenses
$354,870
Program service expenses (Part III)
$4,312,733

Program services were 79.7% 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

    $611,529

  • 1f · All other contributions, gifts and grants

    $3,676,853

  • 1g · Noncash contributions included above

    $1,070,928

  • 3 · Investment income

    total $128,945 · excluded $128,945

  • 7a · Gross sales of assets other than inventory

    securities $188,786 · other assets $1,025,225

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

    securities $106,331 · other assets $763,070

  • 7c · Gain or loss

    securities $82,455 · other assets $262,155

  • 7d · Net gain or loss

    total $344,610 · excluded $344,610

  • 8a · Fundraising events: gross income

    $214,010

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

    $611,529

  • 8b · Fundraising events: direct expenses

    $402,563

  • 8c · Net income from fundraising events

    total -$188,553 · excluded -$188,553

  • 9a · Gaming: gross income

    $60,485

  • 9b · Gaming: direct expenses

    $5,429

  • 9c · Net income from gaming

    total $55,056 · excluded $55,056

  • 11a · Other revenue: MISCELLANEOUS

    total $5,171 · excluded $5,171

  • 11b · Other revenue: REBATES

    total $5,121 · excluded $5,121

  • 11e · Other revenue, total

    $10,292

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $731,750 · program services $731,750

  • 2 · Grants to domestic individuals

    total $604,443 · program services $604,443

  • 5 · Compensation of officers, directors and key employees

    total $388,470 · program services $236,319 · management and general $99,546 · fundraising $52,605

  • 7 · Other salaries and wages

    total $1,835,916 · program services $1,566,066 · management and general $53,077 · fundraising $216,773

  • 8 · Pension plan contributions

    total $33,648 · program services $29,155 · management and general $457 · fundraising $4,036

  • 9 · Other employee benefits

    total $186,802 · program services $174,037 · management and general $12,765

  • 10 · Payroll taxes

    total $182,222 · program services $147,932 · management and general $12,068 · fundraising $22,222

  • 11c · Fees: accounting

    total $83,970 · management and general $83,970

  • 11g · Fees: other

    total $152,521 · program services $18,571 · management and general $133,950

  • 12 · Advertising and promotion

    total $78,405 · management and general $20,114 · fundraising $58,291

  • 13 · Office expenses

    total $561,327 · program services $371,508 · management and general $189,819

  • 16 · Occupancy

    total $131,225 · program services $104,980 · management and general $26,245

  • 17 · Travel

    total $39,172 · program services $38,229 · fundraising $943

  • 19 · Conferences, conventions and meetings

    total $35,078 · management and general $35,078

  • 20 · Interest

    total $107,143 · program services $75,536 · management and general $31,607

  • 22 · Depreciation, depletion and amortization

    total $118,008 · program services $93,697 · management and general $24,311

  • 23 · Insurance

    total $139,478 · program services $120,510 · management and general $18,968

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,382,814 · end of year $4,178,414

  • 3 · Pledges and grants receivable

    beginning of year $233,098 · end of year $83,274

  • 8 · Inventories for sale or use

    beginning of year $508,048 · end of year $675,405

  • 9 · Prepaid expenses and deferred charges

    beginning of year $117,744 · end of year $123,230

  • 10a · Land, buildings and equipment: cost or other basis

    $3,802,845

  • 10b · Land, buildings and equipment: accumulated depreciation

    $193,229

  • 10c · Land, buildings and equipment, net

    beginning of year $2,454,756 · end of year $3,609,616

  • 15 · Other assets

    beginning of year $754,775 · end of year $30,273

  • 17 · Accounts payable and accrued expenses

    beginning of year $215,581 · end of year $161,644

  • 19 · Deferred revenue

    beginning of year $25,487 · end of year $3,073

  • 23 · Secured mortgages and notes payable

    beginning of year $1,779,250 · end of year $1,997,650

  • 25 · Other liabilities

    beginning of year $30,260 · end of year $30,273

  • 27 · Net assets without donor restrictions

    beginning of year $5,366,050 · end of year $5,920,352

  • 28 · Net assets with donor restrictions

    beginning of year $2,034,607 · end of year $587,220

Mission and programs · 2024

Mission

THE MISSION OF THE LITTLE BIT FOUNDATION IS TO BREAK DOWN BARRIERS TO LEARNING FOR UNDER-RESOURCED STUDENTS THROUGH PARTNERSHIPS AND PROGRAMS THAT SERVE THE NEEDS OF THE WHOLE CHILD AND PROVIDE ACCESS TO ESSENTIAL SERVICES AND EDUCATIONAL EXPERIENCES.

Activities or mission (Part I)

PARTNER WITH ST. LOUIS SCHOOLS TO PROVIDE ESSENTIAL SUPPORT TO DISADVANTAGED CHILDREN.

  • FILLS UNMET NEEDS IN ST. LOUIS SCHOOLS BY PROVIDING FOR THE ESSENTIALS STUDENTS LACK BUT REQUIRE FOR ACADEMIC SUCCESS. FOOD INSECURITY, UNDIAGNOSED HEALTH CONDITIONS, LACK OF WINTER CLOTHING, PROPER HYGIENE AND INSUFFICIENT READING MATERIAL IN THE HOME ARE ALL EXAMPLES OF BARRIERS THAT INHIBIT STUDENT ATTENDANCE, CLASSROOM ENGAGEMENT AND PERFORMANCE, AND ARE ADDRESSED BY LITTLE BIT. EMBEDDED IN SCHOOL COMMUNITIES, WITH VOLUNTEERS THAT WORK ONE-ON-ONE WITH STUDENTS ACROSS EVERY GRADE LEVEL, WE ENSURE THEY ARE HEALTHY, CONFIDENT AND READY TO LEARN. WE ALSO ENRICH THE LEARNING ENVIRONMENT WITH PROGRAMS NOT READILY AVAILABLE TO UNDERSERVED STUDENTS THAT EXPAND THEIR WORLD KNOWLEDGE, SUCH AS STEM AND CAREER PLANNING. THE RESULTS ARE STUDENTS BETTER EQUIPPED TO SUCCEED IN TODAY'S SOCIETY.

    Expenses $4,312,733 · Grants $1,336,193

As filed on the 2024 return.

Listed in Part VII

  • KELLY WEIS

    CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • SARAH BOWMAN

    VICE CHAIR/SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • ANDREW WALTKE

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • SUZIE ANDREWS

    CHAIR EMERTIUS

    Total calculated
    $0
    Hours/week
    1

  • MARTIN AKINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TAMIKO ARMSTEAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALICIA ARMSTRONG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEITH BROOKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHRIS CARROLL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NOELLE COLLINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICK DAMES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS EMERT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • SUSAN GAUSNELL

    DIRECTOR (THRU 02/25)

    Total calculated
    $0
    Hours/week
    3

  • ASHLEY HARRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURA HETTIGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BEN HILLMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM KELLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAUL KLUG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALY KOWAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LARRY LEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAN LESTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GARY MINDEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOYLYNN PRUITT-ADAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MATT SNYDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL SORTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRYAN ST EVE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • ASHLEY ULRICH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CANDACE WAKEFIELD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MIRANDA WALKER JONES

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $213,232
    From this org
    $197,600
    From related orgs
    $0
    Other
    $15,632
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,752
    Bonus
    $51,848
    Other
    $0
    Deferred
    $5,993
    Nontaxable benefits
    $9,639
    Filer's total
    $213,232

  • THOMAS TANGARO

    CHIEF OPERATING OFFICER

    Total calculated
    $185,618
    From this org
    $164,466
    From related orgs
    $0
    Other
    $21,152
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,356
    Bonus
    $28,110
    Other
    $0
    Deferred
    $4,966
    Nontaxable benefits
    $16,186
    Filer's total
    $185,618

  • ERICA DRIVER

    VP, COMPLIANCE AND PROGRAMS

    Total calculated
    $123,861
    From this org
    $113,134
    From related orgs
    $0
    Other
    $10,727
    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. 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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THERE ARE SEVERAL METRICS FACTORED INTO DETERMINING THE BONUS/INCENTIVE COMPENSATION PAID. THE BOARD OF DIRECTORS HAS THE DISCRETION OF APPROVING ADDITIONAL BONUSES THROUGHOUT THE YEAR AS THEY SEE FIT BASED ON KEY METRICS AND GOALS ACHIEVED.
SCHEDULE J, PART II:
THE LITTLE BIT FOUNDATION MAY PROVIDE EXECUTIVES WITH LUMP SUM BONUSES BASED ON THE EXECUTIVE'S PERFORMANCE AGAINST PREESTABLISHED GOALS, RETENTION CRITERIA DURING A MAJOR ORGANIZATION TRANSITION, THE RESULTS ACHIEVED BY THE ORGANIZATION, AND/OR ONE-TIME SPECIAL RECOGNITION FOR SIGNIFICANT EVENTS OUTSIDE THE NORMAL COURSE OF BUSINESS (E.G., COVID19 PANDEMIC). AT THE LITTLE BIT FOUNDATION'S DISCRETION, BONUSES MAY BE PAID IN A CALENDAR YEAR SUBSEQUENT TO THE YEAR IN WHICH THEY ARE EARNED. AS SUCH, TOTAL COMPENSATION PAID IN A GIVEN YEAR MAY BE HIGHER THAN COMPENSATION EARNED IN A 12-MONTH PERIOD. THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND THE ORGANIZATION'S OFFICERS INCLUDES A REVIEW BY INDEPENDENT BOARD MEMBERS. THE DATA FOR THIS REVIEW INCLUDES INFORMATION FROM FORM 990 FOR OTHER ORGANIZATIONS AS WELL AS DATA FROM COMPENSATION SURVEYS AND STUDIES.

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202601349349313380

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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