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Nonprofiteer
← GRAD CINCINNATI INC

Form 990 for tax year 2023

Filed by GRAD CINCINNATI INC.

Totals

Total revenue
$1,554,703
Total expenses
$1,561,292
Contributions and grants received
$1,552,793
Grants paid
$12,500
Program service revenue
$0
Investment income
$873
Other revenue
$1,037
Total assets, end of year
$557,982
Total liabilities, end of year
$34,409
Net assets or fund balances, end of year
$523,573
Program services expenses (Part IX)
$1,474,166
Management and general expenses
$87,126
Fundraising expenses
$0
Program service expenses (Part III)
$1,474,166

Program services were 94.4% 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

    $80,629

  • 1c · Fundraising events

    $11,895

  • 1e · Government grants (contributions)

    $1,302,164

  • 1f · All other contributions, gifts and grants

    $158,105

  • 3 · Investment income

    total $873 · excluded $873

  • 8a · Fundraising events: gross income

    $5,340

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

    $11,895

  • 8b · Fundraising events: direct expenses

    $4,831

  • 8c · Net income from fundraising events

    total $509 · excluded $509

  • 11a · Other revenue: OTHER INCOME

    total $528 · excluded $528

  • 11e · Other revenue, total

    $528

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $12,500 · program services $12,500

  • 5 · Compensation of officers, directors and key employees

    total $116,588 · program services $114,059 · management and general $2,529

  • 7 · Other salaries and wages

    total $832,747 · program services $814,683 · management and general $18,064

  • 11c · Fees: accounting

    total $16,500 · management and general $16,500

  • 11g · Fees: other

    total $447,879 · program services $430,968 · management and general $16,911

  • 13 · Office expenses

    total $6,272 · management and general $6,272

  • 17 · Travel

    total $763 · program services $19 · management and general $744

  • 19 · Conferences, conventions and meetings

    total $11,710 · program services $11,374 · management and general $336

  • 24a · Other expenses: PROGRAM EXPENSES

    total $110,337 · program services $86,780 · management and general $23,557

  • 24b · Other expenses: OTHER EXPENSES

    total $5,996 · program services $3,783 · management and general $2,213

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $446,827 · end of year $277,277

  • 3 · Pledges and grants receivable

    beginning of year $126,248 · end of year $279,792

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

    $31,495

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

    $31,495

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $909 · end of year $913

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,822 · end of year $34,409

  • 27 · Net assets without donor restrictions

    beginning of year $530,162 · end of year $523,573

Mission and programs · 2023

Mission

GRAD CINCINNATI RAISES EXPECTATION AND ACHIEVEMENT FOR ALL STUDENTS BY BUILDING HIGH IMPACT PARTNERSHIPS WITHIN THE COMMUNITY TO PROVIDE A PREMIERE COLLEGE READINESS, ACCESS AND SUPPORT PROGRAM.

  • 21ST CENTURY COMMUNITY LEARNING CENTER (CCLC) AFTER SCHOOL PROGRAM AT WESTERN HILLS AND TAFT HIGH SCHOOLS - THE 21ST CCLC PROGRAM IS AUTHORIZED UNDER TITLE IV, PART B OF THE ELEMENTARY AND SECONDARY EDUCATION ACT (ESEA), AS AMENDED BY THE NO CHILD LEFT BEHIND ACT OF 2001 (NCLB). THE PROGRAM PROVIDES FOR OUT OF SCHOOL TIME ACADEMIC ENRICHMENT OPPORTUNITIES FOR STUDENTS ON RIVERVIEW EAST ACADEMY CAMPUS, WHO COME FROM ECONOMICALLY DISADVANTAGED FAMILIES AND ATTEND A LOW-PERFORMING SCHOOL TO HELP THEM MEET LOCAL AND STATE ACADEMIC STANDARDS IN READING AND MATHEMATICS. PROGRAMS PROVIDE YOUTH DEVELOPMENT ACTIVITIES SUCH AS DRUG AND VIOLENCE PREVENTION AND INTERVENTION, ART, AND MUSIC ACTIVITIES, CHARACTER EDUCATION, (PROGRAM NARRATIVE CONTINUES IN SCHEDULE O)COUNSELING AND RECREATION TO ENHANCE THE PROGRAM'S ACADEMIC COMPONENTS. ADDITIONALLY, PROGRAMS WILL FOCUS ON PARENT AND FAMILY ENGAGEMENT OUTCOMES, (SLAOG) SUMMER LEARNING AFTER-SCHOOL OPPORTUNITY GRANT IS DESIGNED TO FUND PARTNERSHIPS BETWEEN SCHOOLS AND COMMUNITY BASED ORGANIZATIONS TO ESTABLISH OR EXPAND AFTER-SCHOOL PROGRAMS AS WELL AS SUMMER TIME LEARNING AND ENRICHMENT PROGRAMS. PROVIDED BY THE OHIO DEPARTMENT OF EDUCATION. RIVERVIEW EAST THROUGH GRAD CINCINNATI WAS AWARDED THIS TWO YEAR GRANT. STUDENTS WHO LACKED PROFICIENCY IN LITERACY AND MATHEMATICS RECEIVE INTERVENTION AFTER SCHOOL AND DURING THE SUMMER TO IMPROVE ACADEMIC ACHIEVEMENT, ATTENDANCE AND DISCIPLINE. TITLE 1, PART A (TITLE 1) OF THE ELEMENTARY AND SECONDARY EDUCATION ACT, AS AMENDED (ESEA) PROVIDES FINANCIAL ASSISTANCE TO LOCAL EDUCATIONAL AGENCIES (LEAS) AND SCHOOLS WITH HIGH NUMBERS OR HIGH PERCENTAGES OF CHILDREN FROM LOW-INCOME FAMILIES TO HELP ENSURE THAT ALL CHILDREN MEET CHALLENGING STATE ACADEMIC STANDARDS. ALL SEVEN GRAD CINCINNATI SCHOOLS ARE TITLE 1 ELIGIBLE. CURRENTLY GRAD CINCINNATI RECEIVES FUNDING TO SUPPORT THREE PART-TIME READING SPECIALISTS AT ETHEL TAYLOR ACADEMY, REES E. PRICE ACADEMY AND HAYS PORTER TO RUN A TUTORIAL PROGRAM IN READING AND MATH. THE PROGRAM IS ALSO SUPPORTED BY UNITED WAY FUNDING.

    Expenses $657,750

  • CAMPUS FAMILY SUPPORT - GRAD CINCINNATI HAS SEVEN RESOURCE COORDINATORS. THEY ARE LOCATED AT AT WESTERN HILLS UNIVERSITY HIGH SCHOOL, TAFT INFORMATION TECHNOLOGY HIGH SCHOOL, RIVERVIEW EAST ACADEMY, CINCINNATI DIGITAL ACADEMY, ROLL HILL, WESTWOOD ELEMENTARY AND ETHEL TAYLOR ACADEMY. THE GENERAL FUNCTION OF THE RESOURCE COORDINATOR IS TO SUPPORT THE DISTRICT-WIDE COMMUNITY LEARNING CENTER INITIATIVE OF CREATING SCHOOLS AS CENTERS OF THE COMMUNITY. THE RESOURCE COORDINATOR INITIATE, FACILITATE AND MAINTAIN PROGRAMS AND STRATEGIES THAT ARE ALIGNED WITH THE SCHOOL'S ONE PLAN, AS WELL AS YOUTH AND COMMUNITY DEVELOPMENT GOALS. THEY DEVELOP AND PROMOTE AND FURTHER THE WISEST USE OF COMMUNITY RESOURCES TO CREATE OPTIMAL POSITIVE IMPACT BY ENHANCING (PROGRAM NARRATIVE CONTINUES IN SCHEDULE O)COMMUNITY AND INDIVIDUAL ASSETS, MEETING WITH CRITICAL HUMAN SERVICE'S NEEDS, AND PROMOTING LONG-TERM COMMUNITY SOLUTIONS. TWO OF THE MAIN RESPONSIBILITIES OF THE RESOURCE COORDINATOR ARE TO LEAD MONTHLY PARTNER MEETINGS TO ENSURE ONGOING SYNERGISTIC, COORDINATED AND INTERGRADED WORKING SEAMLESSLY WITH THE STAFF AND PREPARE MONTHLY REPORTS FOR SUBMISSION TO THE SCHOOL DISTRICT AND AGENCY LEADERSHIP REGARDING RESOURCE ACTIVITY AND PROGRESS MAINTAINING UP TO DATE RECORDS FOR ALL PROGRAMS.

    Expenses $803,916

  • SCHOLARSHIP - IN THE 9TH GRADE PARENTS AND STUDENTS ARE MADE AWARE OF THE GRAD SCHOLARSHIP WHICH OUTLINES THE COURSE, GRADE POINT AVERAGE, SUMMER INSTITUTE AND COUNSELING REQUIREMENTS TO QUALIFY FOR A SCHOLARSHIP FROM GRAD. IN THE SUMMER STUDENTS MUST PARTICIPATE IN TWO SUMMER INSTITUTES ON A COLLEGE CAMPUS WHERE THEY TAKE COURSES TO STIMULATE THE COLLEGE EXPERIENCE; THEY MUST MAINTAIN A 2.7 G.P.A.; GRADUATE FROM HIGH SCHOOL WITHIN FOUR YEARS AND BE ACCEPTED TO AN ACCREDITED COLLEGE OR UNIVERSITY. THE DOLLARS FOR THE SCHOLARSHIP MUST BE RAISED BY GRAD CINCINNATI BOARD AND BE IN PLACE PRIOR TO STUDENTS GRADUATING FROM HIGH SCHOOL. A COLLEGE READINESS COORDINATOR IS ON STAFF TO TRACK STUDENTS AND ASSIST WITH ALL COLLEGE ACCESS INFORMATION. (PROGRAM NARRATIVE CONTINUES IN SCHEDULE O)GRAD SUPPORTS 1400 STUDENTS WITH COLLEGE ACCESS SERVICES. THIRTY-ONE SCHOLARSHIPS WERE DISBURSED TO STUDENTS IN 2023.

    Expenses $12,500 · Grants $12,500

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

Listed in Part VII

  • Ms Eve Bolton

    CPS LIASION

    Total calculated
    $0
    Hours/week
    1
  • Ms Edita Dolan-Mayo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr Justin Hartfiel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ms Gayle Hilleke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr David Hoguet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ms Whitney Hollingsworth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ms Darlene Kamine

    EMERITA

    Total calculated
    $0
    Hours/week
    1
  • Mr Peter Levin

    EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Dr Bradford Mallory

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr Kirby Neumann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ms Jacklyn Olinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ms Monica Posey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr Charles Powers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr Stephen Smith

    EMERITUS

    Total calculated
    $0
    Hours/week
    1
  • Mr Gregory Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ms Ashton Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr Kenneth Simonson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Mr John Fickle

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Mr Randy Dunham

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Ms Sara Runge

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Patricia Stewart-Adams

    EXECUTIVE DIRECTOR

    Total calculated
    $116,588
    From this org
    $107,952
    From related orgs
    $0
    Other
    $8,636
    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
17 March 2025
IRS schema version
2023v6.0
Source object
202510779349301701

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