Customed INC
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Inspiring and motivating learners of all ages through extraordinary educational experiences. For fiscal year 2024 it reported $1.9M in revenue, $2.1M in expenses, and $1.8M in net assets.Pt I
Summary of the Filing
Where the work happens
Educational Experiences
Providing extraordinary educational experiences for learners of all ages by providing management, development and assistance in implementation for various customizable programs. Customed has impacted approximately 10,000,000 learners with 300 events and 40 different programs.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Russell McCarty’s $202K as CEO & President is at the 83rd percentile of top reported officer pay among 3392 $1–10M 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 · 6 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Russell McCarty | — | — | $194,939 | $234,800 | $258,980 |
| Russell McCarty | $202,454 | $201,150 | — | — | — |
| Katharine Boyles | — | — | $85,176 | — | — |
| Katharine Boyles | — | $74,957 | — | — | — |
| Katherine Boyles | $69,728 | — | — | — | — |
| Megan Cucinotta | — | — | — | $59,285 | $57,784 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 88% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -4% | — | — |
| 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
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Filings & Schedule Manifest
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Sources
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