Emerge Fellowship FY2020 filing

Tax-deductible

Houston, TX501(c)(3)Since 2013EducationEIN 45-4077397

Fellows persist through graduation and into careers that build long-term economic mobility for themselves & their communities.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$238K 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

FY2020 · 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 5
filings with a surplus
Average surplus $751K a year · 14% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 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
$238K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $16K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$411K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
Spent
$2.8M
To programs
74%
Net assets
$3.9M
By yearFY2020–FY2024
Revenue
$4.7M
FY2020
Revenue by fiscal year
FY2020$4.7M
FY2021$4.6M
FY2022$4.4M
FY2023$6.9M
FY2024$6.0M
FY2024$7.5M
Expenses
$2.8M
FY2020
Expenses by fiscal year
FY2020$2.8M
FY2021$3.4M
FY2022$4.8M
FY2023$5.7M
FY2024$6.0M
FY2024$7.4M
Net assets
$3.9M
FY2020
Net assets by fiscal year
FY2020$3.9M
FY2021$5.1M
FY2022$4.6M
FY2023$5.8M
FY2024$5.7M
FY2024$5.8M

From the FY2020 Form 990 (year ending July 2020) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
Yes — exemption reinstated (2014-05-15)
Per the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CEmerge Fellowship
EINHdr · item D45-4077397
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2015
Year of formationHdr · item L2013
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CHouston, TX
NTEE classificationIRS BMFEducation (B90)
WebsiteHdr · item Jemergescholars.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.12 Fundraising $0.14
Program services74%$2.0M
Management & general12%$340K
Fundraising14%$380K
Total functional expensesLn 25$2.8M

Finances

Money in and out, what it owns and owes

Spent on programs
74%
of spending reaches programs
Months of spending covered by cash
14.1mo
months of spending covered by cash and easy-to-sell investments
Surplus or deficit
+41%
as % of revenue, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$4.3M
FY2020
Total assets by fiscal year
FY2020$4.3M
FY2021$5.1M
FY2022$4.7M
FY2023$6.0M
FY2024$5.9M
FY2024$6.3M
Total liabilities
$411K
FY2020
Total liabilities by fiscal year
FY2020$411K
FY2021$54K
FY2022$41K
FY2023$199K
FY2024$211K
FY2024$520K
Revenue less expensesPt I · Ln 19$1.9M
Total assetsPt X · Ln 16$4.3M
Spent on programsPt IX · col B74%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 415

Balance Sheet

Part X · end of year
CashLn 1$3.2M
Total assetsLn 16$4.3M
Total liabilitiesLn 26$411K
Total net assetsLn 32$3.9M
Months of cash on handcomputed14.1

Statement of Revenue

Part VIII
Contributions & grants$3.3M · 70%
Program service revenue$1.4M · 30%
Contributions & grants70%$3.3M
Program service revenue30%$1.4M
Investment income$11K
Total revenueLn 12$4.7M

Money in detail

Form 990 · FY2020 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $3.2M · Operating expenses (Pt IX) $2.8M · Less non-cash grants $14K · Cash operating expenses/yr $2.7M
14.1 months
Where the money goes
Program services
Program services $2.0M · Total expenses $2.8M
74%
Management & General
Management & general $340K · Total expenses $2.8M
12%
Fundraising
Fundraising $380K · Total expenses $2.8M
14%
Cost to raise $1
Fundraising expense $380K · Solicited contributions $3.3M
$0.12 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $3.3M · Total revenue $4.7M
70%
Government reliance
Government grants — · Total revenue $4.7M
—
Earned-income share
Program service revenue $1.4M · Total revenue $4.7M
30%
Investment reliance
Investment income $11K · Total revenue $4.7M
+0.2%
Program self-sufficiency
Program service revenue $1.4M · Total expenses $2.8M
51%
Growth & trend
Revenue change from last year
This year $4.7M · Prior year —
No prior year on file
Net assets change over the year
End of year $3.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $4.7M · Expenses $2.8M
+41%
Debts compared to what it owns
Total liabilities — · Total assets $4.3M
—
Net assets compared to what it owns
Net assets $3.9M · Total assets $4.3M
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $4.3M
0%
People & payroll
Highest Reported Total Compensation
Individual Trisha Cornwell · Reported title Executive Dir. · Highest reported compensation $132K · Total expenses $2.8M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.1M · Total expenses $2.8M
75%
Peer comparison

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

MetricThis orgPeer medianPercentile
Spent on programs 74%——
Spent on management, % of spending 12%——
Fundraising cost, % of gifts 12%——
Investment manager fees, % of assets 0%——
Legal fees, % of spending 0.1%——
Accounting fees, % of spending 0.8%——
Paid fundraiser fees, % of spending 0%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Dir.
$132,125Pt VII · Sec A
Dir of Development
$101,814Pt VII · Sec A
Director
$4,390Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Anastasia Lindo Anderson’s $238K as CEO to 12/24 is at the 89th percentile of top reported officer pay among 3395 $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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Anastasia Lindo Anderson$237,827—————
Dr Anastasia Lindo Anderson—$212,625$146,013———
Tarah Burris$171,085—————
Janicca Garcia$171,064$153,375————
Trisha Cornwell———$145,688$124,617$132,125
Maurisa Lenz$143,736—————
Mubeen Khumawala$123,476$143,483————
Sarah Divine——$135,457$108,327——

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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Governance & Policies

Part VI
  • 16Voting board membersPt VI · Ln 1a
  • 15Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Prepares and supports students for college success and graduation.

Provided by the organization

This section is blank until Emerge Fellowship claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $2.0M of program spending, described in the organization's own filed words · FY2019.
01

EMERGE Fellowship provides a holistic, developmental college readiness curriculum uniquely tailored to helping high potential students from underserved communities get to and through the nation's top colleges.

$2.0Mprogram 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 · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$16K
Grants paid · 6 grants · $876K · 2019–2024
Unitemized GrantFY2024$59,701
Unitemized GrantFY2023$68,261
Unitemized GrantFY2022$89,251
Unitemized GrantFY2021$186,221
Unitemized GrantFY2020$319,168
Unitemized GrantFY2019$153,486

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $6.0M$6.0M-13% 990 PDF
FY2023 $6.9M$5.7M+57% 990 PDF
FY2022 $4.4M$4.8M-5% 990 PDF
FY2021 $4.6M$3.4M-2% 990 PDF
FY2020 Viewing $4.7M$2.8M 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

Full filing: Form 990 for FY2020

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $4,691,824 across 11 lines filed
VIII-1c Fundraising events$191,164
VIII-1f All other contributions, gifts and grants$3,100,147
VIII-1g Noncash contributions (included above)$14,000
VIII-1h Total contributions, gifts and grants$3,291,311
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,417,518$1,417,518
VIII-3 Investment incomeExcluded from tax $10,502$10,502
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax −$27,507−$27,507
VIII-12 Total revenueRelated to mission $1,417,518 · Excluded from tax −$17,005$4,691,824
Part IX · Statement of functional expenses $2,761,169 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $153,486$153,486
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $67,954 · Management $33,976 · Fundraising $33,976$135,906
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,259,754 · Management $179,878 · Fundraising $249,556$1,689,188
IX-8 Pension plan contributionsPrograms $1,145 · Management $184 · Fundraising $245$1,574
IX-9 Other employee benefitsPrograms $77,067 · Management $12,413 · Fundraising $16,458$105,938
IX-10 Payroll taxesPrograms $99,159 · Management $15,971 · Fundraising $21,175$136,305
IX-11a Management fees$0
IX-11b Legal feesManagement $3,990$3,990
IX-11c Accounting feesManagement $21,639$21,639
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $38,309 · Management $250 · Fundraising $6,213$44,772
IX-12 Advertising and promotionPrograms $4,178 · Fundraising $12,496$16,674
IX-13 Office expensesPrograms $16,415 · Management $32,656 · Fundraising $12,708$61,779
IX-14 Information technologyPrograms $38,933 · Management $4,206 · Fundraising $9,656$52,795
IX-15 Royalties$0
IX-16 OccupancyPrograms $57,680 · Management $8,134 · Fundraising $8,134$73,948
IX-17 TravelPrograms $27,574 · Management $3,398 · Fundraising $3,423$34,395
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $6,802 · Management $4,551 · Fundraising $1,915$13,268
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $14,274 · Management $2,013 · Fundraising $2,013$18,300
IX-24 Other expenses (24a–d)Programs $177,778 · Management $17,094 · Fundraising $2,340$197,212
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $2,040,508 · Management $340,353 · Fundraising $380,308$2,761,169
Part X · Balance sheet $4,300,889 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $1,063,552$1,751,704
X-2 Savings and temporary cash investmentsStart of year $587,832$1,485,220
X-3 Pledges and grants receivableStart of year $405,000$1,033,500
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $4,150$25,200
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $5,265$5,265
X-16 Total assetsStart of year $2,065,799$4,300,889
X-17 Accounts payable and accrued expensesStart of year $25,743$5,624
X-19 Deferred revenueStart of year $81,000$85,562
X-25 Other liabilities$319,992
X-26 Total liabilitiesStart of year $106,743$411,178
X-27 Net assets without donor restrictionsStart of year $1,170,316$2,665,453
X-28 Net assets with donor restrictionsStart of year $788,740$1,224,258
X-32 Total net assets or fund balancesStart of year $1,959,056$3,889,711
X-33 Total liabilities and net assetsStart of year $2,065,799$4,300,889
Part XI · Reconciliation of net assets $3,889,711 net assets at year end
XI-1 Total revenue$4,691,824
XI-2 Total expenses$2,761,169
XI-3 Revenue less expenses$1,930,655
XI-4 Net assets at start of year$1,959,056
XI-10 Net assets at end of year$3,889,711

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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