To help break economic mobility barriers in the greater charlotte area

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$52K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: 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
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1.3M a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
16
named funders · $1.6M
Looks good: 16 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$238K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.9M
Spent
$2.4M
To programs
94%
Net assets
$1.7M
By yearFY2020–FY2024
Revenue
$3.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.9M
FY2021$3.2M
FY2022$11.9M
FY2023$10.9M
FY2024$17.2M
Expenses
$2.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.4M
FY2021$3.9M
FY2022$8.9M
FY2023$13.1M
FY2024$12.5M
Net assets
$1.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$1.0M
FY2022$4.8M
FY2023$29.6M
FY2024$26.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

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

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $2.2M Management & general 6% · $152K

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

5 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Vice President
$51,811Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Kacey Grantham’s $52K as Vice President is at the 1st percentile of top reported officer pay among 3684 $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.

See Road2hire 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers individuals to overcome economic barriers in the Greater Charlotte Area.

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Provided by the organization

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1 program · $2.2M · in their own filed words · FY2020
01

Roadtohire is a nonprofit organization built to help break the economic mobility barriers in the greater charlotte area. Roadtohire teaches skills needed to break into the fields of web development and sales.

$2.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 16 funders →
Grants paid · 7 grants · $21.4M · 2021–2024
Unitemized GrantFY2024$4,870,276
Unitemized GrantFY2024$4,870,276
Unitemized GrantFY2023$4,037,424
Unitemized GrantFY2023$4,037,424
Unitemized GrantFY2022$1,575,701
Unitemized GrantFY2022$1,575,701
Unitemized GrantFY2021$414,275

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.9M
Ln 12
Gifts and grantsLn 1h$2.7M
Fees for servicesLn 2g$1.2M
Money outPt IX
$2.4M
Ln 25
Programscol B$2.2M
Managementcol C$152K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$754K
Total assetsLn 16$1.9M
LiabilitiesLn 26$238K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Fees for servicesLn 2g$1.2M
Total revenueLn 12$3.9M
Assets in detailPt X, end of year
CashLn 1$754K
Cash and savings togetherLn 1–2$754K
Total assetsLn 16$1.9M
LiabilitiesLn 26$238K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$13K$754K
Total assetsLn 16$513K$1.9M
LiabilitiesLn 26$314K$238K
Net assetsLn 32$200K$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.1M$1.9M$129K
Other employee benefitsLn 9$100K$100K
Payroll taxesLn 10$73K$73K
Other fees for servicesLn 11g$7K$81$7K
Information technologyLn 14$13K$11K$2K
OccupancyLn 16$89K$77K$12K
TravelLn 17$3K$3K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$53K$51K$2K
Total functional expensesLn 25$2.4M$2.2M$152K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $17.2M$12.5M$4.6M$26.8M 990 PDF
FY2023 $10.9M$13.1M−$2.2M$29.6M 990 PDF
FY2022 $11.9M$8.9M$3.1M$4.8M 990 PDF
FY2021 $3.2M$3.9M−$690K$1.0M 990 PDF
FY2020 Viewing $3.9M$2.4M$1.5M$1.7M 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
See the full FY2020 990 (6 parts)
Part I · Summary $3,897,304 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $995,745$2,652,046
I-9 Program service revenuePrior year $0$1,245,258
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $995,745$3,897,304
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $754,365$2,231,182
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $157,999$169,672
I-18 Total expensesPrior year $912,364$2,400,854
I-19 Revenue less expensesPrior year $83,381$1,496,450
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $3,897,304 across 4 lines filed
VIII-1f All other contributions, gifts and grants$2,652,046
VIII-1h Total contributions, gifts and grants$2,652,046
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,245,258$1,245,258
VIII-12 Total revenueRelated to mission $1,245,258 · Unrelated business $0 · Excluded from tax $0$3,897,304
Part IX · Statement of functional expenses $2,400,854 across 9 lines filed
IX-7 Other salaries and wagesPrograms $1,930,455 · Management $128,529$2,058,984
IX-9 Other employee benefitsPrograms $99,658$99,658
IX-10 Payroll taxesPrograms $72,540$72,540
IX-11g Other fees for servicesPrograms $81 · Management $6,982$7,063
IX-14 Information technologyPrograms $10,577 · Management $2,286$12,863
IX-16 OccupancyPrograms $76,876 · Management $12,113$88,989
IX-17 TravelPrograms $2,673$2,673
IX-23 InsurancePrograms $5,372$5,372
IX-24 Other expenses (24a–d)Programs $51,121 · Management $1,591$52,712
IX-25 Total functional expensesPrograms $2,249,353 · Management $151,501 · Fundraising $0$2,400,854
Part X · Balance sheet $1,934,224 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $12,658$753,923
X-4 Accounts receivableStart of year $500,000$1,174,599
X-9 Prepaid expenses and deferred chargesStart of year $712$5,702
X-16 Total assetsStart of year $513,370$1,934,224
X-17 Accounts payable and accrued expensesStart of year $313,707$238,111
X-26 Total liabilitiesStart of year $313,707$238,111
X-32 Total net assets or fund balancesStart of year $199,663$1,696,113
X-33 Total liabilities and net assetsStart of year $513,370$1,934,224
Part XI · Reconciliation of net assets $1,696,113 net assets at year end
XI-1 Total revenue$3,897,304
XI-2 Total expenses$2,400,854
XI-3 Revenue less expenses$1,496,450
XI-4 Net assets at start of year$199,663
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,696,113

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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