Continental Societies INC EIN 23-7391006 Form 990 (PDF) Claim this org

Continental Societies INC

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Helps underprivileged children reach their full potential through support and opportunities. For fiscal year 2024 it reported $200K in revenue, $123K in expenses, and $555K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Washington, DC
Website
www.continentalsocietiesinc.org
Filings
5 on file (2020–2024)
Revenue
$200KFY2024
Expenses
$123K
Net assets
$555K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7391006 Public foundation / grantmaker Washington, DC
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps underprivileged children reach their full potential through support and opportunities.
Leadership
Money in and out
$200K revenue, $123K expenses
Bottom line
48% program efficiency
Grants paid & assets · FY2024
Total revenue
$200K
Pt VIII · Ln 12
Total expenses
$123K
Pt IX · Ln 25
Net assets
$555K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $77K
Where spending went · Part IX cols B–D
Program services $0.48 Management & general $0.52
Program efficiency
48%
of spending reaches programs▲ +212% vs prior filing year
Operating runway
54.3mo
months of highly liquid reserves at operating expense rate▲ +87% vs prior filing year
Surplus margin
+39%
revenue over expenses, this year▲ +152% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$200K
FY2024▼ -28%
Expenses
$123K
FY2024▼ -48%
Total assets
$555K
FY2024▼ -3%
Total liabilities
$0
FY2024
Total revenue
$200K
Pt VIII · Ln 12
Total expenses
$123K
Pt IX · Ln 25
Net assets
$555K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$77K
Total assetsPt X · Ln 16$555K
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CContinental Societies INC
EINHdr · item D23-7391006
Principal addressHdr · item CWashington, DC
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20Z)
Ruling yearIRS BMFMar 1974

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Public Relation Officer
$0Pt VII · Sec A
Sergeant-At-Arms
$0Pt VII · Sec A
National Parliamentarian
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
2nr Vice President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $59K of program spending, described in the organization's own filed words · FY2023.
01

Five-Point Programmatic Thrust

Health, education, employment, recreation (H.E.E.R) plus arts and humanies programs: continential women nationally and internationally strive to adhere to the humanitarian precept of sharing with those in need.

$30Kprogram expense
02

National Scholarships

The organization awards five scholarships to deserving young people - one in each of the four regions of the societies and one national recipient.

$29Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$164K · 82%
Program service revenue$31K · 15%
Investment income$5K · 2%
Contributions & grants82%$164K
Program service revenue15%$31K
Investment income2%$5K
Total revenueLn 12$200K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.52
Program services48%$59K
Management & general52%$64K
Total functional expensesLn 25$123K

Balance Sheet

Part X · end of year
CashLn 1$291K
Total assetsLn 16$555K
Total liabilitiesLn 26$0
Total net assetsLn 32$555K
Months of cash on handcomputed28.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $555K · Operating expenses/yr $123K
54.3 months
Where the money goes
Program services
Program services $59K · Total expenses $123K
48%
Management & General
Management & general $64K · Total expenses $123K
52%
Fundraising
Fundraising $0 · Total expenses $123K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $178K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $164K · Total revenue $200K
82%
Government reliance
Government grants — · Total revenue $200K
Earned-income share
Program service revenue $31K · Total revenue $200K
15%
Investment reliance
Investment income $5K · Total revenue $200K
+2%
Program self-sufficiency
Program service revenue $31K · Total expenses $123K
25%
Growth & trend
Revenue growth (YoY)
This year $200K · Prior year $278K
-28%
Revenue CAGR
FY2019 $92K · FY2023 $200K
+21%
Net-asset trend (YoY)
End of year $555K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $200K · Expenses $123K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $555K
Net-asset ratio
Net assets $555K · Total assets $555K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $264K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $555K
48%
People & payroll
Highest Reported Total Compensation
Individual Lillette Green-Campbell · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $123K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $123K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 48%
Overhead ratio 52%
Fundraising cost ratio 0%
Revenue growth -28%
Legal fee ratio 6%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$200K revenue · viewing · ⤓ 990 PDF
FY2023$278K revenue · ⤓ 990 PDF
FY2022$154K revenue · ⤓ 990 PDF
FY2021$105K revenue · ⤓ 990 PDF
FY2020$92K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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