Springboard to Opportunities

Tax-deductible

Jackson, MS501(c)(3)Human ServicesEIN 46-1917760Revenue $5.6M in FY2024

On file with the IRSspringboardto.org518 E Capitol Street, 39201-2705 · Jackson, MSTax-exempt since Apr 2013Publicly supported charity — 170(b)(1)(A)(vi)

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To connect families living in affordable housing with resources to help their school, work & life.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Run by 8 volunteers and 20 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
5 of 5
filings with a surplus
Average surplus $3.6M a year · 54% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$241K
to officers and key staff · 7% of spending
Top officer’s pay higher than 95% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
61 mo
of spending, in cash
Looks good: 61.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$423K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
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
$5.6M
-0.2% vs prior year
Spent
$3.5M
To programs
89%
Net assets
$19.8M
By yearFY2020–FY2024
Revenue
$5.6M
FY2024-0.2%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5M
FY2021$6.4M
FY2022$12.2M
FY2023$5.6M
FY2024$5.6M
Expenses
$3.5M
FY2024+0.4%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.1M
FY2021$2.7M
FY2022$3.4M
FY2023$3.5M
FY2024$3.5M
Net assets
$19.8M
FY2024▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.8M
FY2021$6.5M
FY2022$15.2M
FY2023$17.5M
FY2024$19.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2013.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $3.2M Management & general 10% · $350K Fundraising 1% · $27K

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

11 people listed on the 990; $241K paid to officers and key staff.

Part VII, Section A · reportable compensation
$241,100Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Aisha Nyandoro’s $241K as CEO is at the 95th percentile of top reported officer pay among 3869 $1–10M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Aisha Nyandoro$241,100$207,808$173,916$114,558$114,792

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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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

Programs and updates

Connects families in affordable housing with resources for school, work, and life.

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Provided by the organization

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1 program · $3.2M · in their own filed words · FY2024
01

In 2024, springboard to opportunities accomplished the FOLLOWING:1. Expanded guaranteed income support:-provided $1,000/MONTH for 12 months to mothers in subsidized housing in jackson, MISSISSIPPI.-DEPOSITED $1,000 into a 529 college savings account for each CHILD.-OFFERED personalized coaching, mental health programming (miss), and…

$3.2Mprogram expense

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 1 funder$50K
Grants paid · 1 grant · $1.1M · 2024–2024
Unitemized GrantFY2024$1,116,100

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.6M
Ln 12
Gifts and grantsLn 1h$4.8M
Investment incomeLn 3$559K
Fees for servicesLn 2g$274K
Money outPt IX
$3.5M
Ln 25
Programscol B$3.2M
Managementcol C$350K
Fundraisingcol D$27K
Owns and owesPt X
$19.8M
net assets · Ln 32
Cash and savingsLn 1–2$18.0M
Total assetsLn 16$20.2M
LiabilitiesLn 26$423K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.8M
Noncash giftsLn 1g$101K
Fees for servicesLn 2g$274K
Investment incomeLn 3$559K
Total revenueLn 12$5.6M
Assets in detailPt X, end of year
CashLn 1$15.6M
SavingsLn 2$2.4M
Cash and savings togetherLn 1–2$18.0M
Land, buildings, equipmentLn 10c$103K
Other assetsLn 15$361K
Total assetsLn 16$20.2M
LiabilitiesLn 26$423K
Net assetsLn 32$19.8M
OperationsPt I, VI
EmployeesI 520
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$15.1M$18.0M
Land, buildings, equipmentLn 10c$50K$103K
Total assetsLn 16$17.9M$20.2M
LiabilitiesLn 26$420K$423K
Net assetsLn 32$17.5M$19.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.1M$1.1M
Pay of current officers, directors and key staffLn 5$241K$227K$10K$5K
Other salaries and wagesLn 7$573K$538K$23K$11K
Other employee benefitsLn 9$65K$63K$1K$652
Payroll taxesLn 10$63K$58K$3K$1K
Accounting feesLn 11c$76K$76K
Other fees for servicesLn 11g$665K$572K$93K
Advertising and promotionLn 12$799$583$216
Office expensesLn 13$12K$6K$5K$1K
Information technologyLn 14$9K$9K
OccupancyLn 16$96K$96K
TravelLn 17$44K$5K$32K$7K
Conferences, conventions and meetingsLn 19$24K$24K
Depreciation, depletion and amortizationLn 22$15K$12K$3K$109
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$529K$529K$537
Total functional expensesLn 25$3.5M$3.2M$350K$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $5.6M$3.5M$2.1M$19.8M 990 PDF
FY2023 $5.6M$3.5M$2.1M$17.5M 990 PDF
FY2022 $12.2M$3.4M$8.8M$15.2M 990 PDF
FY2021 $6.4M$2.7M$3.7M$6.5M 990 PDF
FY2020 $3.5M$2.1M$1.4M$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
See the full FY2024 990 (6 parts)
Part I · Summary $5,614,820 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,018,900$4,782,353
I-9 Program service revenuePrior year $339,701$273,501
I-10 Investment incomePrior year $266,234$558,966
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $5,624,835$5,614,820
I-13 Grants and similar amounts paidPrior year $0$1,116,100
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $846,383$941,707
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,678,335$1,480,172
I-18 Total expensesPrior year $3,524,718$3,537,979
I-19 Revenue less expensesPrior year $2,100,117$2,076,841
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,614,820 across 6 lines filed
VIII-1f All other contributions, gifts and grants$4,782,353
VIII-1g Noncash contributions (included above)$100,789
VIII-1h Total contributions, gifts and grants$4,782,353
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $273,501$273,501
VIII-3 Investment incomeExcluded from tax $558,966$558,966
VIII-12 Total revenueRelated to mission $273,501 · Unrelated business $0 · Excluded from tax $558,966$5,614,820
Part IX · Statement of functional expenses $3,537,979 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $1,116,100$1,116,100
IX-5 Pay of current officers, directors and key staffPrograms $226,634 · Management $9,644 · Fundraising $4,822$241,100
IX-7 Other salaries and wagesPrograms $538,266 · Management $22,905 · Fundraising $11,452$572,623
IX-9 Other employee benefitsPrograms $63,203 · Management $1,303 · Fundraising $652$65,158
IX-10 Payroll taxesPrograms $58,428 · Management $3,141 · Fundraising $1,257$62,826
IX-11c Accounting feesManagement $76,422$76,422
IX-11g Other fees for servicesPrograms $572,280 · Management $93,162$665,442
IX-12 Advertising and promotionPrograms $583 · Fundraising $216$799
IX-13 Office expensesPrograms $6,047 · Management $4,535 · Fundraising $1,047$11,629
IX-14 Information technologyPrograms $8,827$8,827
IX-16 OccupancyManagement $96,209$96,209
IX-17 TravelPrograms $5,292 · Management $31,751 · Fundraising $7,056$44,099
IX-19 Conferences, conventions and meetingsPrograms $24,086$24,086
IX-22 Depreciation, depletion and amortizationPrograms $12,153 · Management $2,511 · Fundraising $109$14,773
IX-23 InsuranceManagement $8,549$8,549
IX-24 Other expenses (24a–d)Programs $528,800 · Fundraising $537$529,337
IX-25 Total functional expensesPrograms $3,160,699 · Management $350,132 · Fundraising $27,148$3,537,979
Part X · Balance sheet $20,202,074 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $12,706,817$15,634,828
X-2 Savings and temporary cash investmentsStart of year $2,403,835$2,388,523
X-3 Pledges and grants receivableStart of year $2,220,614$1,636,385
X-4 Accounts receivableStart of year $51,582$76,426
X-9 Prepaid expenses and deferred chargesStart of year $2,500$2,500
X-10c Land, buildings and equipment, netStart of year $49,616$102,844
X-15 Other assetsStart of year $438,484$360,568
X-16 Total assetsStart of year $17,873,448$20,202,074
X-17 Accounts payable and accrued expensesStart of year $83,382$199,375
X-25 Other liabilitiesStart of year $336,285$223,862
X-26 Total liabilitiesStart of year $419,667$423,237
X-27 Net assets without donor restrictionsStart of year $14,176,268$11,419,547
X-28 Net assets with donor restrictionsStart of year $3,277,513$8,359,290
X-32 Total net assets or fund balancesStart of year $17,453,781$19,778,837
X-33 Total liabilities and net assetsStart of year $17,873,448$20,202,074
Part XI · Reconciliation of net assets $19,778,837 net assets at year end
XI-1 Total revenue$5,614,820
XI-2 Total expenses$3,537,979
XI-3 Revenue less expenses$2,076,841
XI-4 Net assets at start of year$17,453,781
XI-5 Net unrealized gains (losses) on investments−$1,785
XI-8 Prior period adjustments$250,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$19,778,837

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

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