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Nonprofiteer
← READY FOR LIFE INC

Form 990 for tax year 2022

Filed by READY FOR LIFE INC.

Totals

Total revenue
$1,245,880
Total expenses
$1,046,243
Contributions and grants received
$1,168,418
Grants paid
$0
Program service revenue
$0
Investment income
$4,473
Other revenue
$72,989
Total assets, end of year
$836,219
Total liabilities, end of year
$262,241
Net assets or fund balances, end of year
$573,978
Program services expenses (Part IX)
$877,929
Management and general expenses
$108,527
Fundraising expenses
$59,787
Program service expenses (Part III)
$877,929

Program services were 83.9% 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

    $69,551

  • 1f · All other contributions, gifts and grants

    $1,098,867

  • 1g · Noncash contributions included above

    $158,850

  • 3 · Investment income

    total $4,473 · excluded $4,473

  • 8a · Fundraising events: gross income

    $103,221

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

    $69,551

  • 8b · Fundraising events: direct expenses

    $73,289

  • 8c · Net income from fundraising events

    total $29,932 · excluded $29,932

  • 11a · Other revenue: OTHER REVENUE

    total $43,057 · related or exempt $43,057

  • 11e · Other revenue, total

    $43,057

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $105,902 · program services $85,203 · management and general $14,690 · fundraising $6,009

  • 7 · Other salaries and wages

    total $401,147 · program services $322,738 · management and general $55,647 · fundraising $22,762

  • 9 · Other employee benefits

    total $33,353 · program services $26,834 · management and general $4,627 · fundraising $1,892

  • 10 · Payroll taxes

    total $42,988 · program services $34,586 · management and general $5,963 · fundraising $2,439

  • 11g · Fees: other

    total $27,999 · program services $8,532 · management and general $18,493 · fundraising $974

  • 12 · Advertising and promotion

    total $35,537 · program services $26,653 · fundraising $8,884

  • 13 · Office expenses

    total $80,291 · program services $69,763 · management and general $1,974 · fundraising $8,554

  • 14 · Information technology

    total $43,027 · program services $34,377 · management and general $2,218 · fundraising $6,432

  • 19 · Conferences, conventions and meetings

    total $2,669 · program services $2,232 · management and general $437

  • 22 · Depreciation, depletion and amortization

    total $17,978 · program services $14,464 · management and general $2,494 · fundraising $1,020

  • 23 · Insurance

    total $6,826 · program services $5,492 · management and general $947 · fundraising $387

  • 24a · Other expenses: IN-KIND DONATIONS

    total $158,850 · program services $158,850

  • 24b · Other expenses: YOUTH SUPPORT

    total $65,227 · program services $65,227

  • 24c · Other expenses: UTILITIES

    total $17,600 · program services $16,129 · management and general $1,037 · fundraising $434

  • 24e · All other expenses

    total $6,849 · program services $6,849

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $103,215 · end of year $98,172

  • 2 · Savings and temporary cash investments

    beginning of year $92,996 · end of year $373,676

  • 9 · Prepaid expenses and deferred charges

    beginning of year $200 · end of year $300

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

    $134,268

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

    $99,235

  • 10c · Land, buildings and equipment, net

    beginning of year $51,077 · end of year $35,033

  • 11 · Investments: publicly traded securities

    beginning of year $100,189 · end of year $99,740

  • 15 · Other assets

    beginning of year $53,838 · end of year $229,298

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,174 · end of year $36,978

  • 25 · Other liabilities

    beginning of year $0 · end of year $225,263

  • 27 · Net assets without donor restrictions

    beginning of year $355,249 · end of year $559,873

  • 28 · Net assets with donor restrictions

    beginning of year $19,092 · end of year $14,105

Mission and programs · 2022

Mission

THE MISSION OF READY FOR LIFE IS TO ASSIST THE YOUTH OF THE COMMUNITY TRANSITION FROM FOSTER CARE TO ADULTHOOD BY COORDINATING THE PUBLIC AND PRIVATE RESOURCES AVAILABLE TO THEM.

Activities or mission (Part I)

TO ASSIST THE YOUTH OF THE COMMUNITY IN TRANSITIONING FROM FOSTER CARE TO ADULTHOOD.

  • YOUTH SUPPORT: TO ENGAGE FOSTER CARE YOUTH, PRIVATE CITIZENS AND PUBLIC RESOURCES TO ASSIST PINELLAS COUNTY FOSTER CARE YOUTH IN SUCCESSFUL TRANSITIONS TO ADULTHOOD. THE FOUNDATION'S GOAL IS TO BE A LINK BETWEEN THE YOUTH AND THE MANY RESOURCES AVAILABLE TO ASSIST THEM AS WELL AS GIVE THE YOUTH THE VOICE TO HELP CREATE AND RUN THE FOUNDATION'S MANY PROGRAMS.

    Expenses $877,929

As filed on the 2022 return.

Listed in Part VII

  • Kenneth Beattie

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3
  • Mary Pat McLain

    VICE-CHAIRMAN/TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Crystal Moore

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Phares N Risser III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Yvette Bean

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sally McLane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Clendening

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ben Coughanour

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Dittman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deonte Echols

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bruce Mitchell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob Dillinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathy Mize

    CEO

    Total calculated
    $105,902
    From this org
    $105,902
    From related orgs
    $0
    Other
    $0
    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
2022
Filed
1 May 2024
IRS schema version
2022v5.0
Source object
202401319349302015

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