The Village

Tax-deductible

Saint Louis, MO501(c)(3)Community DevelopmentEIN 37-1761263Revenue $314K in FY2024

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To extend an honest hand to the next generation by connecting youth with enlightened adults who will provide academic assistance, spiritual guidance, and life skills training.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$142K 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
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$142K
to officers and key staff · 44% of spending
Top officer’s pay higher than 66% of similar orgs
Concern: pay to officers and key staff is 44% of spending; over 30%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $453K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$26K
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$314K
+306% vs prior year
Spent
$322K
To programs
86%
Net assets
$19K
By yearFY2023–FY2024
Revenue
$314K
FY2024▲ +306%
Revenue by fiscal year
FY2023$77K
FY2024$314K
Net assets
$19K
FY2024▼ -50%
Net assets by fiscal year
FY2023$38K
FY2024$19K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Jan 2015.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $277K Management & general 14% · $45K Fundraising 0% · $52

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

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Who runs it and what they're paid

5 people listed on the 990; $142K paid to officers and key staff.

Part VII, Section A · reportable compensation
$90,000Pt VII · Sec A
Family Support Specialist
$52,400Pt VII · Sec A
$0Pt VII · Sec A
Executive Board President
$0Pt VII · Sec A
Executive Board Chair
$0Pt VII · Sec A

Kenan Morrison’s $90K as Founder is at the 66th percentile of top reported officer pay among 1708 $100K–1M community development 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.

See The Village 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 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Connects youth with adults for academic help, spiritual guidance, and life skills.

Provided by the organization

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3 programs · $277K · in their own filed words · FY2024
01

Beyond School. The Saturday program began in 2010 with two boys and The Village founder. The program became a 501c3 in 2015. Today, more than 90 students from throughout metropolitan St. Louis are enrolled.

$182Kprogram expense
02

In School The Village In School program provides educational support for young men where they are...in the classroom during the school day. Being a successful student requires skills that are often not developed in students living in economically disadvantaged environments.

$68Kprogram expense
03

Family Engagement In 2022, Village leaders formalized support for parents and other caregivers of the young men in the program. Family engagement specialists organize meetings with caregivers to discuss topics important to them.

$27Kprogram expense

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 · FY2024
Total grants receivedfrom 1 funder$453K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$314K
Ln 12
Gifts and grantsLn 1h$253K
Fees for servicesLn 2g$60K
Other incomeLn 4–11$50
Money outPt IX
$322K
Ln 25
Programscol B$277K
Managementcol C$45K
Fundraisingcol D$52
Owns and owesPt X
$19K
net assets · Ln 32
Cash and savingsLn 1–2$45K
Total assetsLn 16$45K
LiabilitiesLn 26$26K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$253K
Government grantsLn 1e$215K
Fundraising eventsLn 1c$3K
Fees for servicesLn 2g$60K
Investment incomeLn 3$4
Other incomeLn 4–11$50
Total revenueLn 12$314K
Assets in detailPt X, end of year
CashLn 1$45K
Cash and savings togetherLn 1–2$45K
Total assetsLn 16$45K
LiabilitiesLn 26$26K
Net assetsLn 32$19K
OperationsPt I, VI
EmployeesI 58
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$27K$45K
Total assetsLn 16$27K$45K
LiabilitiesLn 26$0$26K
Net assetsLn 32$27K$19K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$53K$37K$16K
Other salaries and wagesLn 7$63K$63K
Payroll taxesLn 10$10K$7K$3K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$62K$55K$7K
Advertising and promotionLn 12$1K$992$52
Office expensesLn 13$11K$8K$3K
Conferences, conventions and meetingsLn 19$4K$3K$1K
InsuranceLn 23$1K$1K$445
Other expenses (24a–d)Ln 24$93K$88K$5K
All other expensesLn 24e$17K$14K$3K
Total functional expensesLn 25$322K$277K$45K$52

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $314K$322K−$9K$19K 990 PDF
FY2023 $77K$38K 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 (6 parts)
Part I · Summary $313,544 revenue, 12 lines filed
I-8 Contributions and grants$253,490
I-9 Program service revenue$60,000
I-10 Investment income$4
I-11 Other revenue$50
I-12 Total revenue$313,544
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$126,666
I-16a Professional fundraising fees$0
I-17 Other expenses$195,520
I-18 Total expenses$322,186
I-19 Revenue less expenses−$8,642
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $313,544 across 10 lines filed
VIII-1b Membership dues$300
VIII-1c Fundraising events$3,301
VIII-1e Government grants$214,816
VIII-1f All other contributions, gifts and grants$35,073
VIII-1h Total contributions, gifts and grants$253,490
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $60,000$60,000
VIII-3 Investment incomeRelated to mission $4$4
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $50$50
VIII-12 Total revenueRelated to mission $60,054 · Unrelated business $0 · Excluded from tax $0$313,544
Part IX · Statement of functional expenses $322,186 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $37,187 · Management $15,937$53,124
IX-7 Other salaries and wagesPrograms $63,143$63,143
IX-10 Payroll taxesPrograms $7,279 · Management $3,120$10,399
IX-11b Legal feesManagement $1,050$1,050
IX-11c Accounting feesManagement $4,878$4,878
IX-11g Other fees for servicesPrograms $55,496 · Management $6,726$62,222
IX-12 Advertising and promotionPrograms $992 · Fundraising $52$1,044
IX-13 Office expensesPrograms $7,618 · Management $3,263$10,881
IX-19 Conferences, conventions and meetingsPrograms $2,580 · Management $1,106$3,686
IX-23 InsurancePrograms $1,038 · Management $445$1,483
IX-24 Other expenses (24a–d)Programs $88,226 · Management $5,000$93,226
IX-24e All other expensesPrograms $13,800 · Management $3,250$17,050
IX-25 Total functional expensesPrograms $277,359 · Management $44,775 · Fundraising $52$322,186
Part X · Balance sheet $44,973 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $27,379$44,973
X-16 Total assetsStart of year $27,379$44,973
X-17 Accounts payable and accrued expenses$981
X-25 Other liabilities$300
X-26 Total liabilitiesStart of year $0$26,236
X-27 Net assets without donor restrictionsStart of year $27,379$18,737
X-32 Total net assets or fund balancesStart of year $27,379$18,737
X-33 Total liabilities and net assetsStart of year $27,379$44,973
Part XI · Reconciliation of net assets $18,737 net assets at year end
XI-1 Total revenue$313,544
XI-2 Total expenses$322,186
XI-3 Revenue less expenses−$8,642
XI-4 Net assets at start of year$27,379
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,737

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

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