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Nonprofiteer
← RAISING EXPECTATIONS INC

Form 990 for tax year 2022

Filed by RAISING EXPECTATIONS INC.

Totals

Total revenue
$1,156,197
Total expenses
$1,035,156
Contributions and grants received
$1,119,949
Grants paid
$0
Program service revenue
$7,500
Investment income
$4
Other revenue
$28,744
Total assets, end of year
$1,240,626
Total liabilities, end of year
$587,770
Net assets or fund balances, end of year
$652,856
Program services expenses (Part IX)
$859,341
Management and general expenses
$78,026
Fundraising expenses
$97,789
Program service expenses (Part III)
$859,341

Program services were 83.0% 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

    $1,119,949

  • 1g · Noncash contributions included above

    $28,700

  • 2a · Program service revenue: Out of School Time Program

    total $7,500 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $4 · unrelated business $4 · excluded $0

  • 11a · Other revenue: OTHER REVENUE

    total $28,744 · related or exempt $0 · unrelated business $28,744 · excluded $0

  • 11e · Other revenue, total

    $28,744

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $130,121 · program services $114,767 · management and general $8,848 · fundraising $6,506

  • 7 · Other salaries and wages

    total $496,292 · program services $437,730 · management and general $33,748 · fundraising $24,814

  • 9 · Other employee benefits

    total $53,120 · program services $46,852 · management and general $3,612 · fundraising $2,656

  • 10 · Payroll taxes

    total $47,260 · program services $41,683 · management and general $3,214 · fundraising $2,363

  • 12 · Advertising and promotion

    total $49,415 · program services $20,881 · management and general $1,293 · fundraising $27,241

  • 14 · Information technology

    total $27,835 · program services $24,345 · management and general $2,211 · fundraising $1,279

  • 16 · Occupancy

    total $33,922 · program services $30,792 · management and general $1,595 · fundraising $1,535

  • 17 · Travel

    total $3,784 · program services $1,904 · management and general $1,770 · fundraising $110

  • 19 · Conferences, conventions and meetings

    total $27,066 · program services $24,232 · management and general $2,834 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $1,019 · program services $0 · management and general $1,019 · fundraising $0

  • 23 · Insurance

    total $12,087 · program services $11,883 · management and general $204 · fundraising $0

  • 24a · Other expenses: PROFESSIONAL FEES

    total $83,087 · program services $19,596 · management and general $32,306 · fundraising $31,185

  • 24b · Other expenses: GENERAL EXPENSE

    total $42,831 · program services $28,616 · management and general $14,115 · fundraising $100

  • 24c · Other expenses: PERMITS/LICENSES/ETC

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24d · Other expenses: DUES/MEMBERSHIPS

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $27,317 · program services $56,060 · management and general -$28,743 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $734,013 · end of year $349,040

  • 3 · Pledges and grants receivable

    beginning of year $34,413 · end of year $406,838

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,237 · end of year $6,879

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

    $491,185

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

    $15,816

  • 10c · Land, buildings and equipment, net

    beginning of year $349,393 · end of year $475,369

  • 15 · Other assets

    beginning of year $2,500 · end of year $2,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $91,706 · end of year $92,319

  • 23 · Secured mortgages and notes payable

    beginning of year $507,009 · end of year $495,451

  • 27 · Net assets without donor restrictions

    beginning of year $450,841 · end of year $266,713

  • 28 · Net assets with donor restrictions

    beginning of year $80,000 · end of year $386,143

Mission and programs · 2022

Mission

Raising Expectations empowers youth in crisis by elevating academic, social and civic expectations to facilitate high school graduation and post=secondary plans that can be actualized.

Activities or mission (Part I)

Raising Expectations empowers youth in crises by elevating academic, social and civic expectations to facilite high school graduation and post-secondary plans that can be actualized.

  • Raising Expectations offered over 252 hours of out of school time programming during the school year weekly programs to Project DREAM (5th=8th grade)participants and 270 hours to Project STEMWARE (9th-12th grade)and over 70 hours of Social Discovery Fieldtrips and mentoring that took place over the weekend. In Project STEMWARE, Raising Expectations hosted over 70 hours of time supporting high school students with math skills. In total, nearly 35% of programming time was exclusively spent tutoring students in either math or in their current courseload (excluding informal tutoring sessions between staff/volunteers and students.) 67% of those in Project STEMWARE who completed both a pre=and post assessment displayed growth in their math skills. Raising Expectations served 206 middle and high school youth from low-wealth households that attend Title 1 schools. After participating in digital literacy courses as a part of a greater initiative to enhance technolocical skills, 83% of Project DREAM survey respondents reported feeling confident in their ability to design presentations on a computer. Raising Expectations wrap around support to 15% of families that included but was not limited to rental and utility assistance, housing applications, food needs and securing necessary furniture and transportation needs. Employed 42 Raising Expectations teens during the YouthWork summar program with 900 hours of career,workplace skills and personal development workshops and experiences. 8 Seniors graduated high school on time and were accepted and enrolled into the following post-secondary learning institutions: Gwinnett Technical College, Atlanta Technical College, Agnes Scoll College, Georgia State University, Atlanta Metropolitan College and Spelman College.

    Expenses $859,341

As filed on the 2022 return.

Listed in Part VII

  • Heela Popal

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    8

  • Malcom Benson

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    8

  • Tammara Warren

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    8

  • Lennox Defreitas

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    8

  • LYRIC McGHEE

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    8

  • Justin Ward

    GOVERNANCE CHAIR

    Total calculated
    $0
    Hours/week
    8

  • Naima Judge

    INTERNAL AFFAIRS CHAIR

    Total calculated
    $0
    Hours/week
    8

  • Tangee Allen

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $64,479
    From this org
    $64,479
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

  • Maria Armstrong

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $65,642
    From this org
    $65,642
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

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
12 August 2024
IRS schema version
2022v5.0
Source object
202402359349301040

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