41 & Change INC FY2022 filing

Tax-deductible

Gig Harbor, WA501(c)(3)InternationalEIN 47-5189595

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The organization's exempt purpose is to support disadvantaged agricultural workers in developing societies around the world, provide opportunities for economically disadvantaged children to attend young life camp in order to have the chance to learn about and come to know god, and educate people in the u.s. On issues relevant to the developing world.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990-TIndependent: 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-T
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$171K
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$474K
-46% vs prior year
Spent
$674K
To programs
99%
Net assets
$457K
By yearFY2020–FY2024
Revenue
$474K
FY2022▼ -46%
Revenue by fiscal year
FY2020$939K
FY2021$885K
FY2022$474K
FY2023$475K
FY2024$918K
Expenses
$674K
FY2022▲ +14%
Expenses by fiscal year
FY2020$548K
FY2021$592K
FY2022$674K
FY2023$803K
FY2024$1.1M
Net assets
$457K
FY2022▼ -31%
Net assets by fiscal year
FY2020$365K
FY2021$657K
FY2022$457K
FY2023$129K
FY2024−$38K

From the FY2022 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2016.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $669K Management & general 1% · $5K

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

7 people listed on the 990-T.

Part VII, Section A · reportable compensation
President an
$0Pt VII · Sec A
Director
$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
See 41 & Change INC executive salaries →

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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 15aNo

Programs and updates

Supports disadvantaged agricultural workers, offers children faith-based camp experiences, and educates Americans about global issues.

Provided by the organization

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1 program · $669K · in their own filed words · FY2022
01

Purchased coffee from a farm in nicaragua, located near young life nicaragua. Paid above market prices for the coffee to provide above- subsitence level wages to farm workers and others related to the operation. Sold the coffee at premium prices in the U.S. To supporters of young life, with the profits redirected back to young life.

$669Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $132K · 2024–2024
Young LifeCO · FY2024$131,759

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$474K
Fees for services$467K
Gifts and grants$4K
Investment income$2K
Money out
$674K
Programs$669K
Management$5K
Owns and owes
$457K
net assets
Cash and savings$428K
Total assets$628K
Liabilities$171K
People
7
listed
Paid0
Voting board7
Independent7
2In more detail
Revenue in detail
Gifts and grants$4K
Fees for services$467K
Investment income$2K
Total revenue$474K
Assets in detailEnd of year
Cash and savings together$428K
Total assets$628K
Liabilities$171K
Net assets$457K
Operations
Employees2
Volunteers0
Fiscal year endsDecember
Conflict-of-interest policyYes
Whistleblower policyNo
Records policyNo

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $918K$1.1M−$167K−$38K 990 PDF
FY2023 $475K$803K−$328K$129K 990 PDF
FY2022 Viewing $474K$674K−$201K$457K 990 PDF
FY2021 $885K$592K$293K$657K 990 PDF
FY2020 $939K$548K$391K$365K 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

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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