The Real Program INC EIN 46-3105431

The Real Program INC

EIN  46-3105431 Public charity (501(c)(3)) Lynn, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Improves literacy and offers experiences to support underserved children.
Leadership
Jan Plourde · Director · $51K
Money in and out
$248K revenue, $194K expenses
Bottom line
94% program efficiency

Improves literacy and offers experiences to support underserved children. For fiscal year 2024 it reported $248K in revenue, $194K in expenses, and $172K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$248K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$172K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $54K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs
Surplus margin
+22%
revenue over expenses, this year▲ +185% vs prior filing year
Donor-funded
100%
of revenue is gifts & grants0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$248K
FY2024▲ +105%
Total revenue
$248K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$172K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$54K
Total assetsPt X · Ln 16$176K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

2 program services account for $182K of program spending, described in the organization's own filed words · FY2023.
01

To provide appropriate books for underserved children to improve literacy skills. To provide educational programs for underserved children to improve experiential learning.

$182Kprogram expense
02

To create a sustainable learning program which support children, families and teachers.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Real Program INC
EINHdr · item D46-3105431
Principal addressHdr · item CLynn, MA
WebsiteHdr · item Jwww.therealprogram.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B92)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director
$51,050Pt VII · Sec A
$440Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jan Plourde’s $51K as Director is at the 43rd 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Jan Plourde$51,050$49,750$53,500
Raisa Ferreras$440$360$1,760

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 & grants100%$248K
Investment income$5
— government grantsLn 1e$248K
Total revenueLn 12$248K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$182K
Management & general6%$12K
Total functional expensesLn 25$194K

Balance Sheet

Part X · end of year
CashLn 1$77K
Total assetsLn 16$176K
Total liabilitiesLn 26$4K
Total net assetsLn 32$172K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $77K · Operating expenses (Pt IX) $194K · Less non-cash grants $248K · Cash operating expenses/yr $-54K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $182K · Total expenses $194K
94%
Management & General
Management & general $12K · Total expenses $194K
6%
Fundraising
Fundraising $0 · Total expenses $194K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $248K · Total revenue $248K
100%
Government reliance
Government grants $248K · Total revenue $248K
100%
Earned-income share
Program service revenue $0 · Total revenue $248K
0%
Investment reliance
Investment income $5 · Total revenue $248K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $194K
0%
Growth & trend
Revenue growth (YoY)
This year $248K · Prior year $121K
+105%
Net-asset trend (YoY)
End of year $172K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $248K · Expenses $194K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $176K
Net-asset ratio
Net assets $172K · Total assets $176K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $176K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jan Plourde · Reported title DIRECTOR · Highest reported compensation $51K · Total expenses $194K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $73K · Total expenses $194K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Revenue growth 105%
Accounting 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.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$800

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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
FY2024 (Latest)$248K revenue · viewing · ⤓ 990 PDF
FY2023$121K revenue · ⤓ 990 PDF
FY2022$179K revenue · ⤓ 990 PDF
FY2021$158K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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