Silver Lining Legacy FY2023 filing

Inglewood, CA · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2023
Revenue
$544K
▲ +83% vs prior year
Spent
$417K
To programs
73%
Net assets
$253K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Kingdom Causes INC
$25K in the latest grant year.
Spent on programs?
73% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
↑ +83% vs prior year
Legal name (IRS)Hdr · item CSilver Lining Legacy
EINHdr · item D45-4641377
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2012
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CInglewood, CA
NTEE classificationIRS BMFHuman Services (P20)
WebsiteHdr · item Jqualifiedwomen.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.25 Fundraising $0.02
Program services73%$302K
Management & general25%$105K
Fundraising2%$9K
Total functional expensesLn 25$417K

Financial health

Revenue & expenses by yearFY2021–FY2024
Revenue
$544K
FY2023▲ +83%
Expenses
$417K
FY2023▲ +14%
Program efficiency
73%
of spending reaches programs
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$255K
FY2023▲ +279%
Total liabilities
$2K
FY2023▼ -45%
Revenue less expensesPt I · Ln 19$127K
Total assetsPt X · Ln 16$255K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$255K
Total assetsLn 16$255K
Total liabilitiesLn 26$2K
Total net assetsLn 32$253K
Months of cash on handcomputed7.4

Statement of Revenue

Part VIII
Contributions & grants100%$544K
Total revenueLn 12$544K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $255K · Operating expenses/yr $417K
7.4 months
Where the money goes
Program services
Program services $302K · Total expenses $417K
73%
Management & General
Management & general $105K · Total expenses $417K
25%
Fundraising
Fundraising $9K · Total expenses $417K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $400K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $544K · Total revenue $544K
100%
Government reliance
Government grants — · Total revenue $544K
—
Earned-income share
Program service revenue $0 · Total revenue $544K
0%
Investment reliance
Investment income $0 · Total revenue $544K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $417K
0%
Growth & trend
Revenue growth (YoY)
This year $544K · Prior year $298K
+83%
Net-asset trend (YoY)
End of year $253K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $544K · Expenses $417K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $255K
—
Net-asset ratio
Net assets $253K · Total assets $255K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $255K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elena Shahnaian · Reported title PRESIDENT · Highest reported compensation $88K · Total expenses $417K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $274K · Total expenses $417K
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%——
Overhead ratio 25%——
Fundraising cost ratio 2%——
Revenue growth 83%——
Accounting fee ratio 0.09%——
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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$88,236Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Esther Suh Kwon’s $87K as Co-Founder & Chief Innovation Officer is at the 95th percentile of top reported officer pay among 202 <$100K human services 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Elena Shahnaian$36,665$88,236——
Esther Suh Kwon$87,300———
Elena Shahnaian——$84,948$64,231
Fantayjah Callis———$1,693

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.

See Silver Lining Legacy executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Helps trafficking survivors find jobs and achieve financial independence.

Provided by the organization

This section is blank until Silver Lining Legacy claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $302K of program spending, described in the organization's own filed words · FY2023.
01

At Qualified, we are passionate about unearthing dormant dreams and activating occupational purpose through personal and professional development in our Career Development Academy. This comprehensive 12 week Academy integrates Occupational Therapy support in every week preparing participants to embark on a desired career or educational…

$302Kprogram expense

Run this program? Claim this org to tell your story

Funders

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$25K

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $90K$232K-83% 990 PDF
FY2023 Viewing $544K$417K+83% 990 PDF
FY2022 $298K$365K-17% 990 PDF
FY2021 $358K$247K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

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

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Silver Lining Legacy →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.