The Plus Me Project FY2024 filing

Los Angeles, CA · Public charity (501(c)(3)) · Education

✓ Tax-deductible
Revenue
$952K
+26% vs prior year
Spent
$921K
To programs
62%
Net assets
$477K
By yearFY2021–FY2025
Revenue
$952K
FY2024▲ +26%
Revenue by fiscal year
FY2021$355K
FY2022$742K
FY2023$757K
FY2024$952K
FY2025$1.0M
Expenses
$921K
FY2024▲ +25%
Expenses by fiscal year
FY2021$279K
FY2022$563K
FY2023$736K
FY2024$921K
FY2025$897K
Net assets
$477K
FY2024▲ +1%
Net assets by fiscal year
FY2021$270K
FY2022$452K
FY2023$470K
FY2024$477K
FY2025$610K

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

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 FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CThe Plus Me Project
EINHdr · item D46-3506663
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2014
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CLos Angeles, CA
NTEE classificationIRS BMFEducation (B99)
WebsiteHdr · item Jwww.theplusmeproject.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 $0.62 Management & general $0.28 Fundraising $0.10
Program services62%$574K
Management & general28%$257K
Fundraising10%$90K
Total functional expensesLn 25$921K

Financial health

Is it on solid ground?

Program efficiency
62%
of spending reaches programs
Operating runway
5.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$489K
FY2024▲ +1%
Total assets by fiscal year
FY2021$270K
FY2022$452K
FY2023$484K
FY2024$489K
FY2025$640K
Total liabilities
$13K
FY2024▼ -10%
Total liabilities by fiscal year
FY2021$0
FY2022$0
FY2023$14K
FY2024$13K
FY2025$30K
Revenue less expensesPt I · Ln 19$31K
Total assetsPt X · Ln 16$489K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

Balance Sheet

Part X · end of year
CashLn 1$401K
Total assetsLn 16$489K
Total liabilitiesLn 26$13K
Total net assetsLn 32$477K
Months of cash on handcomputed5.2

Statement of Revenue

Part VIII
Contributions & grants$576K · 60%
Program service revenue$371K · 39%
Investment income$5K · 1%
Contributions & grants60%$576K
Program service revenue39%$371K
Investment income1%$5K
— government grantsLn 1e$371K
Total revenueLn 12$952K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $401K · Operating expenses/yr $921K
5.2 months
Where the money goes
Program services
Program services $574K · Total expenses $921K
62%
Management & General
Management & general $257K · Total expenses $921K
28%
Fundraising
Fundraising $90K · Total expenses $921K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $62K · Solicited contributions (3-yr avg) $247K
$0.25 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $576K · Total revenue $952K
60%
Government reliance
Government grants $371K · Total revenue $952K
39%
Earned-income share
Program service revenue $371K · Total revenue $952K
39%
Investment reliance
Investment income $5K · Total revenue $952K
+0.5%
Program self-sufficiency
Program service revenue $371K · Total expenses $921K
40%
Growth & trend
Revenue growth (YoY)
This year $952K · Prior year $757K
+26%
Net-asset trend (YoY)
End of year $477K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $952K · Expenses $921K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $489K
—
Net-asset ratio
Net assets $477K · Total assets $489K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $489K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Richard Reyes · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $101K · Total expenses $921K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $659K · Total expenses $921K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 62%——
Overhead ratio 28%——
Fundraising cost ratio 16%——
Revenue growth 26%——
Accounting fee ratio 0.1%——

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

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$100,960Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Richard Ortiz-Reyes’s $101K as Executive Director is at the 32nd 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Richard Reyes—$100,960$99,895$72,395$67,291
Richard Ortiz-Reyes$100,708————

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 The Plus Me Project executive salaries →

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Governance & Policies

Part VI
  • 18Voting board membersPt VI · Ln 1a
  • 18Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Empowers youth through personal storytelling to build confidence.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $574K of program spending, described in the organization's own filed words · FY2023.
01

Storytellers plus me supports students with discovering the power of their own personal narratives. With the help of our customized my story matters journals, students reflect on the impact of theitr life experiences and are guided through articulating the important characters, settings, events, and lessons from their lives.

$328Kprogram expense
02

Writers plus me builds upon the work that was completed in our storytelers plus me program. Students continue to reflect on their story, but focus more attention on their writing. With help of our customized my story matters journals, students learn how to further articulate important moments from their lives and draft their stories.

$164Kprogram expense
03

Leaders plus me builds student awareness about the power of leadership our program goals are for students to reflect on what it means to be a leader, assess and act on their own leadership qualities, and participate in meaningful discussions that support in story sharing.

$82Kprogram 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 · funders on record
Grants received · FY2024
See all 11 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $1.0M$897K+6% 990 PDF
FY2024 Viewing $952K$921K+26% 990 PDF
FY2023 $757K$736K+2% 990 PDF
FY2022 $742K$563K+109% 990 PDF
FY2021 $355K$279K 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

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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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