Real Humanitarian EIN 26-3115367

Real Humanitarian FY2024 filing

EIN  26-3115367 Public charity (501(c)(3)) Providence, UT
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps vulnerable students escape poverty by providing educational support.
Leadership
W Ian Northcott · Director
Money in and out
$382K revenue, $163K expenses
Bottom line
95% program efficiency

Helps vulnerable students escape poverty by providing educational support. For fiscal year 2024 it reported $382K in revenue, $163K in expenses, and $-42K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$382K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$-42K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $218K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.02 Fundraising $0.03
Program efficiency
95%
of spending reaches programs
Operating runway
16.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+57%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$382K
FY2024▲ +139%
Expenses
$163K
FY2024
Total assets
$224K
FY2024
Total liabilities
$266K
FY2024
Total revenue
$382K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$-42K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$218K
Total assetsPt X · Ln 16$224K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $156K of program spending, described in the organization's own filed words · FY2024.
01

Education Support Centers in Ethiopia

giving aid to 600 students annually to provide support for them to stay in school and complete an education. For students enrolled in grade school who are also enrolled in the CCN Program of Real Humanitarian, with holistic support covering tuition, nutrition programs, student interest clubs, medical care, education and career planning…

$99Kprogram expense
02

Nunya Music Academy

Development and operation of a 12 classroom educational facility in the Volta region of Ghana (for K-5 students) and operational funding for summer programs, as well as community music classes to preserve and teach musical traditions and skills.

$53Kprogram expense
03

Support for the Real Humanitarian Self Reliance Programs for young adults and student guardians, providing skill and business training to help improve household income for families of the students enrolled in the Education Support Centers

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReal Humanitarian
EINHdr · item D26-3115367
Principal addressHdr · item CProvidence, UT
WebsiteHdr · item Jrealhumanitarian.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFJun 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Rachel Austin’s $42K as Director is at the 38th percentile of top reported officer pay among 1638 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants100%$381K
Investment income$483
Total revenueLn 12$382K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.02 Fundraising $0.03
Program services95%$156K
Management & general2%$3K
Fundraising3%$5K
Total functional expensesLn 25$163K

Balance Sheet

Part X · end of year
CashLn 1$22K
Total assetsLn 16$224K
Total liabilitiesLn 26$266K
Total net assetsLn 32$-42K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $224K · Operating expenses/yr $163K
16.5 months
Where the money goes
Program services
Program services $156K · Total expenses $163K
95%
Management & General
Management & general $3K · Total expenses $163K
2%
Fundraising
Fundraising $5K · Total expenses $163K
3%
Cost to raise $1
Fundraising expense $5K · Solicited contributions $381K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $381K · Total revenue $382K
100%
Government reliance
Government grants $0 · Total revenue $382K
0%
Earned-income share
Program service revenue $0 · Total revenue $382K
0%
Investment reliance
Investment income $483 · Total revenue $382K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $163K
0%
Growth & trend
Revenue growth (YoY)
This year $382K · Prior year $160K
+139%
Revenue CAGR
FY2020 $58K · FY2024 $382K
+60%
Net-asset trend (YoY)
End of year $-42K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $382K · Expenses $163K
+57%
Liabilities-to-Assets
Total liabilities — · Total assets $224K
Net-asset ratio
Net assets $-42K · Total assets $224K
-19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $202K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $224K
90%
People & payroll
Highest Reported Total Compensation
Individual W Ian Northcott · Reported title Director · Highest reported compensation $0 · Total expenses $163K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $163K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 2%
Fundraising cost ratio 1%
Revenue growth 139%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$20K

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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
FY2025 (Latest)$240K revenue · ⤓ 990 PDF
FY2024$382K revenue · viewing · ⤓ 990 PDF
FY2023$160K revenue · ⤓ 990 PDF
FY2022$183K revenue · ⤓ 990 PDF
FY2021not on file
FY2020$58K 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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