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Nonprofiteer
← COURAGE INITIATIVE LTD

Form 990 for tax year 2022

Filed by COURAGE INITIATIVE LTD.

Totals

Total revenue
$807,709
Total expenses
$602,316
Contributions and grants received
$807,709
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$506,749
Total liabilities, end of year
$48,383
Net assets or fund balances, end of year
$458,366
Program services expenses (Part IX)
$468,056
Management and general expenses
$42,396
Fundraising expenses
$91,864
Program service expenses (Part III)
$468,056

Program services were 77.7% 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.

  • 1e · Government grants (contributions)

    $745,092

  • 1f · All other contributions, gifts and grants

    $62,617

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $343,557 · program services $303,557 · management and general $25,000 · fundraising $15,000

  • 10 · Payroll taxes

    total $34,620 · program services $30,620 · management and general $2,500 · fundraising $1,500

  • 11c · Fees: accounting

    total $21,029 · program services $16,029 · management and general $5,000

  • 12 · Advertising and promotion

    total $4,920 · fundraising $4,920

  • 13 · Office expenses

    total $20,958 · program services $15,131 · management and general $5,827

  • 16 · Occupancy

    total $71,429 · program services $70,339 · management and general $545 · fundraising $545

  • 17 · Travel

    total $9,981 · program services $7,475 · management and general $1,306 · fundraising $1,200

  • 22 · Depreciation, depletion and amortization

    total $8,212 · program services $5,810 · management and general $2,063 · fundraising $339

  • 23 · Insurance

    total $17,375 · program services $17,065 · management and general $155 · fundraising $155

  • 24a · Other expenses: COST OF EVENTS

    total $68,205 · fundraising $68,205

  • 24b · Other expenses: DONATIONS & SCHOLARSHIPS

    total $2,030 · program services $2,030

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $209,157 · end of year $378,097

  • 4 · Accounts receivable

    beginning of year $21,935 · end of year $24,112

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

    $147,216

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

    $42,676

  • 10c · Land, buildings and equipment, net

    beginning of year $107,153 · end of year $104,540

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,272 · end of year $48,383

  • 27 · Net assets without donor restrictions

    beginning of year $252,973 · end of year $458,366

Mission and programs · 2022

Mission

COURAGE INITIATIVE FUELS A COLLABORATIVE MOVEMENT TO PROVIDE THE HOUSING, RESOURCES AND SERVICES THAT DISPLACED AND HOMELESS LGBTQ YOUTH IN MILWAUKEE NEED TO THRIVE, AS WELL AS SCHOLARSHIPS AND OTHER SERVICES FOR THE LGBTQ YOUTH OF OUR COMMUNITY.

  • COURAGE INITIATIVE FUELS A COLLABORATIVE MOVEMENT TO PROVIDE THE HOUSING, RESOURCES AND SERVICES THAT DISPLACED AND HOMELESS LGBTQ YOUTH IN MILWAUKEE NEED TO THRIVE, AS WELL AS SCHOLARSHIPS AND OTHER SERVICES FOR THE LGBTQ YOUTH OF OUR COMMUNITY.

    Expenses $462,246

  • COURAGE INITIATIVE FUELS A COLLABORATIVE MOVEMENT TO PROVIDE THE HOUSING, RESOURCES AND SERVICES THAT DISPLACED AND HOMELESS LGBTQ YOUTH IN MILWAUKEE NEED TO THRIVE, AS WELL AS SCHOLARSHIPS AND OTHER SERVICES FOR THE LGBTQ YOUTH OF OUR COMMUNITY.

    Expenses $5,810

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BRAD SCHLAIKOWSKI

    EXECUTIVE DI

    Total calculated
    $0

  • DAN TERRIO

    PRESIDENT

    Total calculated
    $0

  • ROBIN MATCHETT-SCHMIDT

    VICE PRESIDE

    Total calculated
    $0

  • SEAN P SULLIVAN

    TREASURER

    Total calculated
    $0

  • ANDREA ASCHTGEN

    SECRETARY

    Total calculated
    $0

  • NICK SCHLAIKOWSKI

    MEMBER

    Total calculated
    $0

  • JILL WAXMAN

    MEMBER

    Total calculated
    $0

  • PABLO NAVARRO

    MEMBER

    Total calculated
    $0

  • JAMILA DAWN MITCHELL

    MEMBER

    Total calculated
    $0

  • BRODERICK PEARSON

    MEMBER

    Total calculated
    $0

  • LYNNE DIXON-SPELLER

    MEMBER

    Total calculated
    $0

  • KB BJERK

    MEMBER

    Total calculated
    $0

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
31 July 2023
IRS schema version
2022v5.0
Source object
202322219349301772

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