Go Project INC FY2024 filing

Tax-deductible

New York, NY501(c)(3)EducationEIN 27-1411019

The GO Project shapes the futures of low-income New York City public school children by providing critical academic, social and emotional support starting in the early elementary years.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$446K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $770K a year · 21% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$446K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 15.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $55K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$126K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.3M
+69% vs prior year
Spent
$3.0M
To programs
74%
Net assets
$4.9M
By yearFY2021–FY2024
Revenue
$5.3M
FY2024▲ +69%
Revenue by fiscal year
FY2021$3.1M
FY2022$3.2M
FY2023$3.1M
FY2024$5.3M
FY2024$429K
Expenses
$3.0M
FY2024▼ -5%
Expenses by fiscal year
FY2021$2.5M
FY2022$2.9M
FY2023$3.2M
FY2024$3.0M
FY2024$1.2M
Net assets
$4.9M
FY2024▲ +86%
Net assets by fiscal year
FY2021$2.4M
FY2022$2.7M
FY2023$2.7M
FY2024$4.9M
FY2024$4.2M

From the FY2024 Form 990 (year ending June 2024) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $2.2M Management & general 9% · $264K Fundraising 17% · $510K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

28 people listed on the 990; $446K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$172,955Pt VII · Sec A
Chief Dev. Officer
$147,266Pt VII · Sec A
Chief Program Officer
$126,099Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Gayle Villani’s $173K as Executive Dir. is at the 97th percentile of top reported officer pay among 1613 $100K–1M education 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.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Gayle Villani$172,955$171,223——
Gayle Villani——$166,234$161,060
Andrew Dibella$147,266$147,588——
Andrew Dibella——$146,993$142,245
Calla Siegel———$127,273
Jade Elison$126,099———
Jennifer Benstraum——$125,336$118,654
Jennifer Benstraum—$111,034——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides academic, social, and emotional support to low-income NYC schoolchildren.

Provided by the organization

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1 program service account for $2.2M of program spending, described in the organization's own filed words · FY2023.
01

Recent achievements for the go project are listed BELOW.REACH: go project served 728 students in manhattan and BROOKLYN.ACADEMIC and social emotional growth: accelerated school year learning: non-proficient students accelerated their learning in reading and math during the school yeargrowing at a faster rate than what is expected at…

$2.2Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$55K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.3M
Ln 12
Gifts and grantsLn 1h$5.2M
Investment incomeLn 3$63K
Other incomeLn 4–11$10K
Money outPt IX
$3.0M
Ln 25
Programscol B$2.2M
Managementcol C$264K
Fundraisingcol D$510K
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.8M
Total assetsLn 16$5.1M
LiabilitiesLn 26$126K
PeoplePt VI, VII
28
listed · VII A
PaidVII A3
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.2M
Fundraising eventsLn 1c$1.3M
Investment incomeLn 3$63K
Other incomeLn 4–11$10K
Total revenueLn 12$5.3M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$2.3M
Cash and savings togetherLn 1–2$3.8M
InvestmentsLn 11–13$853K
Land, buildings, equipmentLn 10c$23K
Other assetsLn 15$44K
Total assetsLn 16$5.1M
LiabilitiesLn 26$126K
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 5169
VolunteersI 6109
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.5M$3.8M
InvestmentsLn 11–13$305K$853K
Land, buildings, equipmentLn 10c$59K$23K
Total assetsLn 16$2.7M$5.1M
LiabilitiesLn 26$86K$126K
Net assetsLn 32$2.7M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$183K$138K$18K$28K
Other salaries and wagesLn 7$1.8M$1.5M$95K$235K
Pension plan contributionsLn 8$16K$13K$603$2K
Other employee benefitsLn 9$103K$84K$6K$14K
Payroll taxesLn 10$163K$132K$9K$22K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$163K$59K$50K$54K
Office expensesLn 13$41K$35K$399$6K
Information technologyLn 14$49K$40K$3K$7K
OccupancyLn 16$56K$46K$3K$7K
Depreciation, depletion and amortizationLn 22$41K$33K$2K$5K
InsuranceLn 23$55K$44K$3K$7K
Other expenses (24a–d)Ln 24$307K$137K$47K$124K
All other expensesLn 24e$10K$10K
Total functional expensesLn 25$3.0M$2.2M$264K$510K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $5.3M$3.0M$2.3M$4.9M 990 PDF
FY2023 $3.1M$3.2M−$34K$2.7M 990 PDF
FY2022 $3.2M$2.9M$292K$2.7M 990 PDF
FY2021 $3.1M$2.5M$557K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $5,264,160 across 7 lines filed
VIII-1c Fundraising events$1,325,814
VIII-1f All other contributions, gifts and grants$3,866,044
VIII-1h Total contributions, gifts and grants$5,191,858
VIII-3 Investment incomeExcluded from tax $62,508$62,508
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,794$9,794
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $72,302$5,264,160
Part IX · Statement of functional expenses $2,998,633 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $137,516 · Management $18,335 · Fundraising $27,502$183,353
IX-7 Other salaries and wagesPrograms $1,465,399 · Management $95,440 · Fundraising $235,340$1,796,179
IX-8 Pension plan contributionsPrograms $13,165 · Management $603 · Fundraising $1,967$15,735
IX-9 Other employee benefitsPrograms $83,761 · Management $5,911 · Fundraising $13,717$103,389
IX-10 Payroll taxesPrograms $132,089 · Management $9,347 · Fundraising $21,643$163,079
IX-11c Accounting feesManagement $15,275$15,275
IX-11g Other fees for servicesPrograms $58,759 · Management $50,494 · Fundraising $53,682$162,935
IX-13 Office expensesPrograms $34,529 · Management $399 · Fundraising $5,658$40,586
IX-14 Information technologyPrograms $39,709 · Management $2,810 · Fundraising $6,507$49,026
IX-16 OccupancyPrograms $45,590 · Management $3,226 · Fundraising $7,470$56,286
IX-22 Depreciation, depletion and amortizationPrograms $33,017 · Management $2,337 · Fundraising $5,410$40,764
IX-23 InsurancePrograms $44,456 · Management $3,146 · Fundraising $7,284$54,886
IX-24 Other expenses (24a–d)Programs $136,669 · Management $46,578 · Fundraising $123,893$307,140
IX-24e All other expensesManagement $10,000$10,000
IX-25 Total functional expensesPrograms $2,224,659 · Management $263,901 · Fundraising $510,073$2,998,633
Part X · Balance sheet $5,063,341 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $721,428$1,485,296
X-2 Savings and temporary cash investmentsStart of year $747,409$2,335,191
X-3 Pledges and grants receivableStart of year $829,994$259,302
X-9 Prepaid expenses and deferred chargesStart of year $64,594$63,688
X-10c Land, buildings and equipment, netStart of year $59,230$22,746
X-11 Publicly traded securitiesStart of year $305,314$853,402
X-15 Other assetsStart of year $12,247$43,716
X-16 Total assetsStart of year $2,740,216$5,063,341
X-17 Accounts payable and accrued expensesStart of year $71,387$73,816
X-25 Other liabilitiesStart of year $14,947$51,702
X-26 Total liabilitiesStart of year $86,334$125,518
X-27 Net assets without donor restrictionsStart of year $2,463,182$4,627,823
X-28 Net assets with donor restrictionsStart of year $190,700$310,000
X-32 Total net assets or fund balancesStart of year $2,653,882$4,937,823
X-33 Total liabilities and net assetsStart of year $2,740,216$5,063,341
Part XI · Reconciliation of net assets $4,937,823 net assets at year end
XI-1 Total revenue$5,264,160
XI-2 Total expenses$2,998,633
XI-3 Revenue less expenses$2,265,527
XI-4 Net assets at start of year$2,653,882
XI-5 Net unrealized gains (losses) on investments$18,414
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,937,823

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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