Citrs INC EIN 46-2397316

Citrs INC

EIN  46-2397316 Public charity (501(c)(3)) Bryn Mawr, PA
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Size
$100K–1M
What they do
Builds character to help people succeed.
Leadership
Brendan Petersen · Cao · $145K
Money in and out
$311K revenue, $899K expenses
Bottom line
62% program efficiency

Builds character to help people succeed. For fiscal year 2021 it reported $311K in revenue, $899K in expenses, and $-1.5M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$311K
Pt VIII · Ln 12
Total expenses
$899K
Pt IX · Ln 25
Net assets
$-1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$588K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.29 Fundraising $0.09
Program efficiency
62%
of spending reaches programs▼ -18% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate▼ -89% vs prior filing year
Surplus margin
-189%
revenue over expenses, this year▲ +5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$311K
FY2021▲ +15%
Expenses
$899K
FY2021▲ +12%
Total assets
$102K
FY2021▼ -32%
Total liabilities
$1.6M
FY2021▲ +51%
Total revenue
$311K
Pt VIII · Ln 12
Total expenses
$899K
Pt IX · Ln 25
Net assets
$-1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$588K
Total assetsPt X · Ln 16$102K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $557K of program spending, described in the organization's own filed words · FY2021.
01

Citrs and character counts! Have partnered and implemented a groundbreaking three-year comprehensive character development initiative in 21 buffalo public school district (BPSD) schools. The overarching goal of the initiative was to cultivate ethical, respectful, and caring school environments, in which students can thrive and succeed…

$294Kprogram expense
02

Citrs provides character education through workshops and professional development and character development programs. Services are provided by one MENTOR/COACH in niagara falls, and by contractors and three members of the citrs staff located in philadelphia.

$154Kprogram expense
03

Grow model is a 4 phase evidence-driven continuous improvement model first focused on staff, teacher and administration needs and support, strengthening the research-validated variables critical to being a highly successful school.

$108Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCitrs INC
EINHdr · item D46-2397316
Principal addressHdr · item CBryn Mawr, PA
WebsiteHdr · item Jcitrs.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJun 2026

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$145,000Pt VII · Sec A
Former COO
$143,550Pt VII · Sec A
$39,375Pt VII · Sec A
Secretary
$8,050Pt VII · Sec A
$4,800Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Brendan Petersen’s $145K as Cao is at the 95th percentile of top reported officer pay among 1616 $100K–1M 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 · 5 named individuals · Part VII

NameFY2021FY2020
Brendan Petersen$145,000$145,000
Melissa Nunez$143,550$143,550
Nichelle Davis Ahmaddiya$39,375
Bari Gilbert$8,050$11,700
Regina Craft$4,800$3,600

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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Statement of Revenue

Part VIII
Contributions & grants$268K · 86%
Other revenue$26K · 8%
Program service revenue$17K · 5%
Contributions & grants86%$268K
Other revenue8%$26K
Program service revenue5%$17K
— government grantsLn 1e$51K
Total revenueLn 12$311K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.29 Fundraising $0.09
Program services62%$557K
Management & general29%$262K
Fundraising9%$80K
Total functional expensesLn 25$899K

Balance Sheet

Part X · end of year
CashLn 1$6K
Total assetsLn 16$102K
Total liabilitiesLn 26$1.6M
Total net assetsLn 32$-1.5M
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6K · Operating expenses/yr $899K
0.1 months
Where the money goes
Program services
Program services $557K · Total expenses $899K
62%
Management & General
Management & general $262K · Total expenses $899K
29%
Fundraising
Fundraising $80K · Total expenses $899K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $48K · Solicited contributions (2-yr avg) $199K
$0.24 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $268K · Total revenue $311K
86%
Government reliance
Government grants $51K · Total revenue $311K
17%
Earned-income share
Program service revenue $17K · Total revenue $311K
5%
Investment reliance
Investment income $0 · Total revenue $311K
0%
Program self-sufficiency
Program service revenue $17K · Total expenses $899K
2%
Growth & trend
Revenue growth (YoY)
This year $311K · Prior year $269K
+15%
Net-asset trend (YoY)
End of year $-1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $311K · Expenses $899K
-189%
Liabilities-to-Assets
Total liabilities — · Total assets $102K
Net-asset ratio
Net assets $-1.5M · Total assets $102K
-1485%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $102K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brendan Petersen · Reported title CAO · Highest reported compensation $145K · Total expenses $899K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $338K · Total expenses $899K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 29%
Fundraising cost ratio 30%
Revenue growth 15%
Accounting fee ratio 2%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$311K revenue · viewing · ⤓ 990 PDF
FY2020$269K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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