This Time Tomorrow INC EIN 27-4942425

This Time Tomorrow INC FY2023 filing

EIN  27-4942425 Public charity (501(c)(3)) Pewaukee, WI
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides financial aid to families using music and arts to inspire hope.
Leadership
Scott Farrow · Director
Money in and out
$471K revenue, $588K expenses
Bottom line
100% program efficiency

Provides financial aid to families using music and arts to inspire hope. For fiscal year 2023 it reported $471K in revenue, $588K in expenses, and $531K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$588K
Pt IX · Ln 25
Net assets
$531K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$117K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
11.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$471K
FY20230%
Expenses
$588K
FY2023▲ +95%
Total assets
$581K
FY2023▼ -11%
Total liabilities
$50K
FY2023▲ ×16
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$588K
Pt IX · Ln 25
Net assets
$531K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$117K
Total assetsPt X · Ln 16$581K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2023.
01

Raise money through public events for families affected by cancer.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThis Time Tomorrow INC
EINHdr · item D27-4942425
Principal addressHdr · item CPewaukee, WI
WebsiteHdr · item Jwww.thistimetomorrow.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E128)
Ruling yearIRS BMFAug 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$471K
Total revenueLn 12$471K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$588K
Total functional expensesLn 25$588K

Balance Sheet

Part X · end of year
CashLn 1$576K
Total assetsLn 16$581K
Total liabilitiesLn 26$50K
Total net assetsLn 32$531K
Months of cash on handcomputed11.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $576K · Operating expenses/yr $588K
11.8 months
Where the money goes
Program services
Program services $588K · Total expenses $588K
100%
Management & General
Management & general $0 · Total expenses $588K
0%
Fundraising
Fundraising $0 · Total expenses $588K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $471K
0%
Government reliance
Government grants — · Total revenue $471K
Earned-income share
Program service revenue $471K · Total revenue $471K
100%
Investment reliance
Investment income $0 · Total revenue $471K
0%
Program self-sufficiency
Program service revenue $471K · Total expenses $588K
80%
Growth & trend
Revenue growth (YoY)
This year $471K · Prior year $470K
0%
Revenue CAGR
FY2019 $419K · FY2023 $471K
+3%
Net-asset trend (YoY)
End of year $531K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $471K · Expenses $588K
-25%
Liabilities-to-Assets
Total liabilities — · Total assets $581K
Net-asset ratio
Net assets $531K · Total assets $581K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $581K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Scott Farrow · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $588K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $30K · Total expenses $588K
5%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth 0%
Investment management fee ratio 2%

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 · FY2024
Total grants receivedfrom 3 funders$38K
See all 3 funders →

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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)$490K revenue · ⤓ 990 PDF
FY2023$471K revenue · viewing · ⤓ 990 PDF
FY2022$470K revenue · ⤓ 990 PDF
FY2021$386K revenue · ⤓ 990 PDF
FY2020$218K revenue · ⤓ 990 PDF
FY2019$419K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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