Breakthrough EIN 74-2991346

Breakthrough FY2022 filing

EIN  74-2991346 Public charity (501(c)(3)) Austin, TX Founded 2001
Form 990 (PDF)
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Verified accurate 7/21/26 · see original filing: IRS
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Size
$10–100M
What they do
Helps students succeed in school and become first-generation college graduates through comprehensive support programs.
Leadership
Michael Griffith · Executive Director · $168K
Money in and out
$6.9M revenue, $8.5M expenses
Bottom line
83% program efficiency

Helps students succeed in school and become first-generation college graduates through comprehensive support programs. For fiscal year 2022 it reported $6.9M in revenue, $8.5M in expenses, and $4.4M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$6.9M
Pt VIII · Ln 12
Total expenses
$8.5M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.6M
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.08 Fundraising $0.09
Program efficiency
83%
of spending reaches programs
Operating runway
5.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$6.9M
FY2022▼ -5%
Expenses
$8.5M
FY2022▲ +21%
Total assets
$4.7M
FY2022▼ -26%
Total liabilities
$270K
FY2022▲ ×15
Total revenue
$6.9M
Pt VIII · Ln 12
Total expenses
$8.5M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.6M
Total assetsPt X · Ln 16$4.7M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424
Mission & Programs · Part III

Where the work happens

1 program service account for $7.1M of program spending, described in the organization's own filed words · FY2022.
01

Educational program services that are provided year-round and tuition-free that include summer sessions, after school support, comprehensive case management and college guidance and counseling.

$7.1Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBreakthrough
EINHdr · item D74-2991346
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.breakthroughctx.org
Year of formationHdr · item L2001
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B28)
Ruling yearIRS BMFJul 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$167,700Pt VII · Sec A
Chief Schools Officer
$123,754Pt VII · Sec A
Chief Operations Officer
$120,326Pt VII · Sec A
Chief Program Strategy Officer
$119,067Pt VII · Sec A
Chief Student Support Officer
$118,216Pt VII · Sec A
Chief Development Officer
$117,094Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Michael Griffith’s $161K as Executive Director is at the 20th percentile of top reported officer pay among 3682 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael Griffith$161,378$161,700$167,700$161,058$156,833
Grace Holland$117,094$135,377$132,151
Andrea Guengerich Harper$127,134$121,733
Donnie Spier$119,953$123,819$120,326$111,167$102,458
Kendra Strange$121,773$119,016$123,754$116,000
Zakiyyah Kareem$116,816$119,533$118,216$111,646
Andrea Guengerich$119,067$110,749
Leslie Tucker$118,809$115,656

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$6.9M · 100%
Investment income$51K · 1%
Contributions & grants100%$6.9M
Investment income1%$51K
— government grantsLn 1e$1.8M
Total revenueLn 12$6.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.08 Fundraising $0.09
Program services83%$7.1M
Management & general8%$649K
Fundraising9%$785K
Total functional expensesLn 25$8.5M

Balance Sheet

Part X · end of year
CashLn 1$2.6M
Total assetsLn 16$4.7M
Total liabilitiesLn 26$270K
Total net assetsLn 32$4.4M
Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.2M · Operating expenses/yr $8.5M
5.9 months
Where the money goes
Program services
Program services $7.1M · Total expenses $8.5M
83%
Management & General
Management & general $649K · Total expenses $8.5M
8%
Fundraising
Fundraising $785K · Total expenses $8.5M
9%
Cost to raise $1
Fundraising expense (3-yr avg) $658K · Solicited contributions (3-yr avg) $5.3M
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $6.9M · Total revenue $6.9M
100%
Government reliance
Government grants $1.8M · Total revenue $6.9M
26%
Earned-income share
Program service revenue $0 · Total revenue $6.9M
0%
Investment reliance
Investment income $51K · Total revenue $6.9M
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $8.5M
0%
Growth & trend
Revenue growth (YoY)
This year $6.9M · Prior year $7.3M
-5%
Net-asset trend (YoY)
End of year $4.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6.9M · Expenses $8.5M
-24%
Liabilities-to-Assets
Total liabilities — · Total assets $4.7M
Net-asset ratio
Net assets $4.4M · Total assets $4.7M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.7M
34%
People & payroll
Highest Reported Total Compensation
Individual Michael Griffith · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $168K · Total expenses $8.5M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6.6M · Total expenses $8.5M
78%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 8%
Fundraising cost ratio 11%
Revenue growth -5%
Investment management fee ratio 0%
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 · FY2024
See all 15 funders →

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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)$12.6M revenue · ⤓ 990 PDF
FY2023$9.5M revenue · ⤓ 990 PDF
FY2022$6.9M revenue · viewing · ⤓ 990 PDF
FY2021$7.3M revenue · ⤓ 990 PDF
FY2020$5.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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