Continental Societies INC

Tax-deductible

Washington, DC501(c)(3)EIN 36-3690276

Empowering underprivileged children to achieve their highest potential. Continental societies is commited to providing children the best quality programs and activities in our five point programmatic thrust: health, education, employment, recreation, plus arts & humanities.

501(c)(3) charity; gifts are tax-deductible.
39¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
4 of 5
filings with a surplus
Average surplus $104K a year · 18% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
39%
of spending
Concern: 39% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 17.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$457K
-6% vs prior year
Spent
$397K
To programs
39%
Net assets
$627K
By yearFY2020–FY2024
Revenue
$457K
FY2024▼ -6%
Revenue by fiscal year
FY2020$866K
FY2021$507K
FY2022$518K
FY2023$486K
FY2024$457K
Expenses
$397K
FY2024▼ -28%
Expenses by fiscal year
FY2020$541K
FY2021$468K
FY2022$351K
FY2023$555K
FY2024$397K
Net assets
$627K
FY2024▲ +11%
Net assets by fiscal year
FY2020$821K
FY2021$469K
FY2022$636K
FY2023$567K
FY2024$627K

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 1974.

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

Where the money goes

39 cents of each dollar spent went to programs.

Program services 39% · $153K Management & general 61% · $244K

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

Who runs it and what they're paid

12 people listed on the 990.

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
Sergeant-At-Arms
$0Pt VII · Sec A
Parliamentarian
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
Correspondence Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Continental Societies INC executive salaries →

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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 15aNo

Programs and updates

Empowers underprivileged children through health, education, employment, recreation, and arts programs.

Provided by the organization

This section is blank until Continental Societies INC claims this page.

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3 program services account for $145K of program spending, described in the organization's own filed words · FY2023.
01

Education Initiatives

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

$105Kprogram expense
02

Health Initiatives

Included asthma awarenesss, obesity prevention, & oral health. Continential socities inc provided programs and acvitities, which foster improved physical health, social skills, and increased motivation in children and youth.

$29Kprogram expense
03

Arts and humanities initiatives

$11Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$457K
Ln 12
Gifts and grantsLn 1h$455K
Investment incomeLn 3$3K
Money outPt IX
$397K
Ln 25
Programscol B$153K
Managementcol C$244K
Owns and owesPt X
$627K
net assets · Ln 32
Cash and savingsLn 1–2$591K
Total assetsLn 16$627K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$455K
Fundraising eventsLn 1c$30K
Investment incomeLn 3$3K
Total revenueLn 12$457K
Assets in detailPt X, end of year
CashLn 1$591K
Cash and savings togetherLn 1–2$591K
InvestmentsLn 11–13$34K
Other assetsLn 15$1K
Total assetsLn 16$627K
LiabilitiesLn 26$0
Net assetsLn 32$627K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$521K$591K
InvestmentsLn 11–13$24K$34K
Total assetsLn 16$567K$627K
LiabilitiesLn 26$0$0
Net assetsLn 32$567K$627K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$36K$36K
Grants to domestic individualsLn 2$95K$95K
Management feesLn 11a$13K$13K
Office expensesLn 13$21K$21K
Information technologyLn 14$5K$5K
OccupancyLn 16$21K$21K
TravelLn 17$9K$9K
Conferences, conventions and meetingsLn 19$79K$20K$59K
Payments to affiliatesLn 21$105K$105K
Other expenses (24a–d)Ln 24$14K$3K$11K
Total functional expensesLn 25$397K$153K$244K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $457K$397K$60K$627K 990 PDF
FY2023 $486K$555K−$69K$567K 990 PDF
FY2022 $518K$351K$167K$636K 990 PDF
FY2021 $507K$468K$39K$469K 990 PDF
FY2020 $866K$541K$325K$821K 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 $457,237 across 6 lines filed
VIII-1b Membership dues$200,158
VIII-1c Fundraising events$30,409
VIII-1f All other contributions, gifts and grants$224,123
VIII-1h Total contributions, gifts and grants$454,690
VIII-3 Investment incomeRelated to mission $2,547$2,547
VIII-12 Total revenueRelated to mission $2,547 · Unrelated business $0 · Excluded from tax $0$457,237
Part IX · Statement of functional expenses $397,379 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $35,537$35,537
IX-2 Grants to domestic individualsPrograms $94,885$94,885
IX-11a Management feesManagement $13,254$13,254
IX-13 Office expensesManagement $20,836$20,836
IX-14 Information technologyManagement $5,230$5,230
IX-16 OccupancyManagement $20,858$20,858
IX-17 TravelManagement $8,684$8,684
IX-19 Conferences, conventions and meetingsPrograms $19,619 · Management $59,463$79,082
IX-21 Payments to affiliatesManagement $104,529$104,529
IX-24 Other expenses (24a–d)Programs $3,320 · Management $11,164$14,484
IX-25 Total functional expensesPrograms $153,361 · Management $244,018 · Fundraising $0$397,379
Part X · Balance sheet $626,858 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $520,917$591,489
X-11 Publicly traded securitiesStart of year $23,856$34,260
X-15 Other assetsStart of year $1,109$1,109
X-16 Total assetsStart of year $567,000$626,858
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $545,872$626,858
X-32 Total net assets or fund balancesStart of year $567,000$626,858
X-33 Total liabilities and net assetsStart of year $567,000$626,858
Part XI · Reconciliation of net assets $626,858 net assets at year end
XI-1 Total revenue$457,237
XI-2 Total expenses$397,379
XI-3 Revenue less expenses$59,858
XI-4 Net assets at start of year$567,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$626,858

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

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