Skip to content
Nonprofiteer
← SPONSOR 4 SUCCESS INC

Form 990 for tax year 2024

Filed by SPONSOR 4 SUCCESS INC.

Totals

Total revenue
$388,300
Total expenses
$430,462
Contributions and grants received
$348,960
Grants paid
$45,922
Program service revenue
$0
Investment income
$3,475
Other revenue
$35,865
Total assets, end of year
$677,483
Total liabilities, end of year
$22,000
Net assets or fund balances, end of year
$655,483
Program services expenses (Part IX)
$391,987
Management and general expenses
$38,475
Fundraising expenses
$0
Program service expenses (Part III)
$391,987

Program services were 91.1% 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

    $348,960

  • 6a · Gross rents

    real property $35,865

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $35,865

  • 6d · Net rental income or loss

    total $35,865 · related or exempt $35,865

  • 7a · Gross sales of assets other than inventory

    other assets $165,000

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

    other assets $161,525

  • 7c · Gain or loss

    other assets $3,475

  • 7d · Net gain or loss

    total $3,475 · related or exempt $3,475

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $45,922 · program services $45,922

  • 11b · Fees: legal

    total $10,000 · program services $10,000

  • 11c · Fees: accounting

    total $4,748 · management and general $4,748

  • 11g · Fees: other

    total $12,761 · program services $12,761

  • 12 · Advertising and promotion

    total $1,879 · program services $1,879

  • 13 · Office expenses

    total $42,067 · program services $42,067

  • 16 · Occupancy

    total $33,727 · management and general $33,727

  • 17 · Travel

    total $35,856 · program services $35,856

  • 23 · Insurance

    total $8,217 · program services $8,217

  • 24a · Other expenses: PROGRAMS

    total $192,347 · program services $192,347

  • 24b · Other expenses: INTERNATIONAL ACTIVITIE

    total $16,471 · program services $16,471

  • 24c · Other expenses: ONLINE SERVICES

    total $15,994 · program services $15,994

  • 24d · Other expenses: EQUINE EDUCATION

    total $5,309 · program services $5,309

  • 24e · All other expenses

    total $5,164 · program services $5,164

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $867,413 · end of year $37,174

  • 15 · Other assets

    beginning of year $0 · end of year $640,309

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,000 · end of year $22,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $845,413 · end of year $655,483

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

OUR VISION IS TO DEVELOP A GIVING NETWORK OF PROFESSIONAL BUSINESS AND CIVIC LEADERS COMMITTED TO LESSENING THE SOCIAL AND ECONOMIC DISPARITIES AFFECTING POOR AND UNDER-SERVED COMMUNITIES.

Activities or mission (Part I)

THE MISSION OF SPONSOR 4 SUCCESS INC. ("S4S") IS TO IMPROVE THE LIVING AND ECONOMIC CONDITIONS IN POOR AND UNDER-SERVED COMMUNITIES. S4S ACHIEVES ITS PURPOSE BY SPONSORING (I) THE CHILDREN AND YOUNG ADULTS OF FINANCIALLY CHALLENGED PARENTS AND HELPING THEM TO DEFER THE COST OF EDUCATIONAL, ATHLETIC AND VOCATIONAL PROGRAMS, (II) DISADVANTAGED SENIOR CITIZENS' COST OF MINOR HOME REPAIRS, AND (III) THE PROGRAMS OF SCHOOLS, CHURCHES, AND OTHER NONPROFIT ORGANIZATIONS AND MORE.

  • BEECHER TERRACE REDEVELOPMENT - THIS PROGRAM IS TO ASSIST IN SPONSORING THE DEVELOPMENT OF A RETAIL CENTER THAT WILL BRING A GROCERY STORE AND PHARMACY TO THE RUSSELL NEIGHBORHOOD, AN UNDERSERVED COMMUNITY.

    Expenses $10,000

  • AFFORDABLE RENTAL PROGRAM - THIS PROGRAM IS TO PURCHASE ABANDONED HOUSES, REHAB THEM, AND PLACE THEM ON THE MARKET AT AFFORDABLE RATES BELOW MARKET VALUE.

    Expenses $192,347

  • THE JOE HAMMOND PROJECT - THIS PROGRAM PRESERVES THE LEGACIES OF NEIGHBORHOOD HEREOS BY TELLING THEIR STORIES THROUGH DOCUMENTARIES WHICH UNCOVER THE RICH HISTORY OF AFRICAN AMERICAN CULTURE.

    Expenses $143,718

  • SCHOLARSHIPS

    Expenses $45,922 · Grants $45,922

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • VREELAND WILLIAM MOSBY

    PRESIDENT, CHAIRMAN

    Total calculated
    $0
    Hours/week
    25
  • BETHANY CLARKSON MORGAN

    VICE CHAIR, SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • MUSA FURR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • HEATHER EMMICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAMIE FISHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LLOYD LAMAR YOUNG

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    7
  • REV NERRICK JACKSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MELISSA RODEN-MAYS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SHAWN MUCKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LAUREN MUIR

    DIRECTOR

    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
14 November 2025
IRS schema version
2024v5.2
Source object
202533219349310418

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

The source document this was parsed from is served over the API, which is where bulk and document access live.