Supporting the educational needs of children and young adults by providing financial and mentoring assistance.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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 $13K a year · 8% 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
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$269K
+46% vs prior year
Spent
$260K
To programs
95%
Net assets
$45K
By yearFY2020–FY2024
Revenue
$269K
FY2024▲ +46%
Tap a bar for its year
Revenue by fiscal year
FY2020$52K
FY2021$229K
FY2022$65K
FY2023$184K
FY2024$269K
Expenses
$260K
FY2024▲ +103%
Tap a bar for its year
Expenses by fiscal year
FY2020$98K
FY2021$85K
FY2022$163K
FY2023$128K
FY2024$260K
Net assets
$45K
FY2024▲ +25%
Tap a bar for its year
Net assets by fiscal year
FY2020$30K
FY2021$169K
FY2022$29K
FY2023$36K
FY2024$45K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

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

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $247K Management & general 4% · $11K Fundraising 1% · $2K

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

2 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
See Kevin Davis Foundation 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

Provides financial and mentoring help to support students' education.

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Provided by the organization

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1 program · $247K · in their own filed words · FY2024
01

Educational

$247Kprogram 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 · 30 grants · $502K · 2020–2024
Dubois Institute of ArtsFY2024$45,000
Individual RecipientFY2024$25,000
Temple UniversityFY2024$25,000
Individual RecipientFY2024$15,000
Individual RecipientFY2024$15,000
UCLA Semel InstituteFY2024$10,000
Nehiamiah GroupFY2024$10,000
City of HopeFY2024$10,000
Temple UniversityFY2023$25,000
Dubois Institute of ArtsFY2023$20,000
Individual RecipientFY2023$15,000
Valley Crossroads SchoolFY2023$12,545
Individual RecipientFY2023$10,000
City of HopeFY2023$10,000
Temple UniversityFY2022$30,000
Dubois Institute of ArtsFY2022$25,000
Individual RecipientFY2022$15,000
Individual RecipientFY2022$15,000
See all 30 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$269K
Ln 12
Gifts and grantsLn 1h$269K
Money outPt IX
$260K
Ln 25
Programscol B$247K
Managementcol C$11K
Fundraisingcol D$2K
Owns and owesPt X
$45K
net assets · Ln 32
Cash and savingsLn 1–2$45K
Total assetsLn 16$45K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$269K
Gains on assetsLn 7$0
Total revenueLn 12$269K
Assets in detailPt X, end of year
CashLn 1$45K
SavingsLn 2$0
Cash and savings togetherLn 1–2$45K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$45K
LiabilitiesLn 26$0
Net assetsLn 32$45K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$36K$45K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$36K$45K
LiabilitiesLn 26$0$0
Net assetsLn 32$36K$45K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$195K$195K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$5K$5K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$4K$4K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$49K$42K$7K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$260K$247K$11K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $269K$260K$9K$45K 990 PDF
FY2023 $184K$128K$56K$36K 990 PDF
FY2022 $65K$163K−$98K$29K 990 PDF
FY2021 $229K$85K$144K$169K 990 PDF
FY2020 $52K$98K−$47K$30K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $268,875 revenue, 12 lines filed
I-8 Contributions and grants$268,875
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$268,875
I-13 Grants and similar amounts paid$195,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$65,075
I-18 Total expenses$260,075
I-19 Revenue less expenses$8,800
Part VI · Governance 0 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $268,875 across 8 lines filed
VIII-1f All other contributions, gifts and grants$268,875
VIII-1h Total contributions, gifts and grants$268,875
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$268,875
Part IX · Statement of functional expenses $260,075 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $195,000$195,000
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $3,988$3,988
IX-13 Office expensesPrograms $5,188$5,188
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $3,817$3,817
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsFundraising $1,788$1,788
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $42,018 · Management $7,138$49,156
IX-24e All other expensesPrograms $1,138$1,138
IX-25 Total functional expensesPrograms $247,332 · Management $10,955 · Fundraising $1,788$260,075
Part X · Balance sheet $44,637 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $35,837$44,637
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $35,837$44,637
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $35,837$44,637
X-32 Total net assets or fund balancesStart of year $35,837$44,637
X-33 Total liabilities and net assetsStart of year $35,837$44,637
Part XI · Reconciliation of net assets $44,637 net assets at year end
XI-1 Total revenue$268,875
XI-2 Total expenses$260,075
XI-3 Revenue less expenses$8,800
XI-4 Net assets at start of year$35,837
XI-10 Net assets at end of year$44,637

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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