Selfless Foundation INC EIN 47-5442991

Selfless Foundation INC

EIN  47-5442991 Public charity (501(c)(3)) Greensboro, NC Founded 2015
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers creative fundraising to nonprofits tackling poverty, education, health, and trauma.
Leadership
Yohmina Kasey · President · $73K
Money in and out
$534K revenue, $623K expenses
Bottom line
100% program efficiency

Offers creative fundraising to nonprofits tackling poverty, education, health, and trauma. For fiscal year 2023 it reported $534K in revenue, $623K in expenses, and $31K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$623K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$89K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate▼ -78% vs prior filing year
Surplus margin
-17%
revenue over expenses, this year▼ -228% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$534K
FY2023▼ -13%
Expenses
$623K
FY2023▲ +17%
Total assets
$31K
FY2023▼ -74%
Total liabilities
$0
FY2023
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$623K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$89K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $623K of program spending, described in the organization's own filed words · FY2023.
01

Selfless foundation is a organization dedicated to providing innovative services and solutions to address social problems related to poverty, education, mental & behavior healthcare and trauma.

$623Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSelfless Foundation INC
EINHdr · item D47-5442991
Principal addressHdr · item CGreensboro, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2015
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S12)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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
President
$72,966Pt VII · Sec A
$10,635Pt VII · Sec A
Cheif Financial Officer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Yohmina Kasey’s $73K as President is at the 50th percentile of top reported officer pay among 1711 $100K–1M community development 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

NameFY2023FY2022FY2021FY2020
Yohmina Kasey$72,966$54,563$26,028$9,300
Tscharner Kasey$10,635$6,566$10,621

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
Program service revenue100%$534K
Total revenueLn 12$534K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$623K
Total functional expensesLn 25$623K

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$31K
Total liabilitiesLn 26$0
Total net assetsLn 32$31K
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses/yr $623K
0.6 months
Where the money goes
Program services
Program services $623K · Total expenses $623K
100%
Management & General
Management & general $0 · Total expenses $623K
0%
Fundraising
Fundraising $0 · Total expenses $623K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $534K
0%
Government reliance
Government grants — · Total revenue $534K
Earned-income share
Program service revenue $534K · Total revenue $534K
100%
Investment reliance
Investment income $0 · Total revenue $534K
0%
Program self-sufficiency
Program service revenue $534K · Total expenses $623K
86%
Growth & trend
Revenue growth (YoY)
This year $534K · Prior year $614K
-13%
Net-asset trend (YoY)
End of year $31K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $534K · Expenses $623K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
Net-asset ratio
Net assets $31K · Total assets $31K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $31K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Yohmina Kasey · Reported title President · Highest reported compensation $73K · Total expenses $623K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $414K · Total expenses $623K
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -13%

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.

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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
FY2023 (Latest)$534K revenue · viewing · ⤓ 990 PDF
FY2022$614K revenue · ⤓ 990 PDF
FY2021$470K revenue · ⤓ 990 PDF
FY2020$108K revenue · ⤓ 990 PDF
FY2019$2K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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