Truly Valued INC EIN 81-2755747 Form 990 (PDF) Claim this org

Truly Valued INC FY2020 filing

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Empowers adolescent girls with mentoring, education, and career exploration for successful adult lives. For fiscal year 2020 it reported $72K in revenue, $43K in expenses, and $61K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Sarasota, FL
Website
trulyvalued.org
Filings
6 on file (2020–2020)
Revenue
$72KFY2020
Expenses
$43K
Net assets
$61K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-2755747 Public charity (501(c)(3)) Sarasota, FL
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Empowers adolescent girls with mentoring, education, and career exploration for successful adult lives.
Leadership
Shavonne Simon · Executive Director · $5K
Money in and out
$72K revenue, $43K expenses
Bottom line
70% program efficiency
Where the money goes · FY2020
Total revenue
$72K
Pt VIII · Ln 12
Total expenses
$43K
Pt IX · Ln 25
Net assets
$61K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $29K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.28 Fundraising $0.02
Program efficiency
70%
of spending reaches programs
Operating runway
14.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+40%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$72K
FY2020
Expenses
$43K
FY2020
Total assets
$61K
FY2020
Total liabilities
$0
FY2020
Total revenue
$72K
Pt VIII · Ln 12
Total expenses
$43K
Pt IX · Ln 25
Net assets
$61K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$29K
Total assetsPt X · Ln 16$61K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTruly Valued INC
EINHdr · item D81-2755747
Principal addressHdr · item CSarasota, FL
WebsiteHdr · item Jtrulyvalued.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJun 2016

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 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$4,800Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Shavonne Johnson’s $73K as CEO is at the 65th percentile of top reported officer pay among 1984 $100K–1M youth 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Shavonne Sams$75,000$56,477$21,931
Shavonne Johnson$73,134
Shavonne Simon$14,638$4,800

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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Mission & Programs · Part III

Where the work happens

3 program services account for $30K of program spending, described in the organization's own filed words · FY2020.
01

Priceless Girls Mentoring Program is designed to help cultivate the skills that adolescent girls need to develop as successful adults with a strong sense of their own identity. The innovative, group-style mentoring program empowers through direct instruction, experiential learning, as well as trust and team building activities designed…

$19Kprogram expense
02

Tea Party 4 Girls These events are designed to empower our youth through conversations with professional women who live and work in their own community. They share their experience and expertise, bringing a wealth of knowledge from backgrounds in law enforcement, politics, entrepreneurship, arts and entertainment.

$9Kprogram expense
03

Truly Valued extends opportunities for youth to participate in activities during the summer such as camp, college bound tours or a variety of service projects to promote social engagement. Summer Enrichment provides a safe environment for them to gain self-confidence as they learn new skills such as problem solving and interpersonal…

$2Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$72K
Total revenueLn 12$72K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.28 Fundraising $0.02
Program services70%$30K
Management & general28%$12K
Fundraising2%$793
Total functional expensesLn 25$43K

Balance Sheet

Part X · end of year
CashLn 1$53K
Total assetsLn 16$61K
Total liabilitiesLn 26$0
Total net assetsLn 32$61K
Months of cash on handcomputed14.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $53K · Operating expenses/yr $43K
14.9 months
Where the money goes
Program services
Program services $30K · Total expenses $43K
70%
Management & General
Management & general $12K · Total expenses $43K
28%
Fundraising
Fundraising $793 · Total expenses $43K
2%
Cost to raise $1
Fundraising expense $793 · Solicited contributions $72K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $72K · Total revenue $72K
100%
Government reliance
Government grants $0 · Total revenue $72K
0%
Earned-income share
Program service revenue $0 · Total revenue $72K
0%
Investment reliance
Investment income $0 · Total revenue $72K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $43K
0%
Growth & trend
Revenue growth (YoY)
This year $72K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $61K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $72K · Expenses $43K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $61K
Net-asset ratio
Net assets $61K · Total assets $61K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $61K
0%
People & payroll
Highest Reported Total Compensation
Individual Shavonne Simon · Reported title Executive Director · Highest reported compensation $5K · Total expenses $43K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5K · Total expenses $43K
11%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 28%
Fundraising cost ratio 1%

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 · FY2025
Total grants receivedfrom 1 funder$10K

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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
FY2025 (Latest)$382K revenue · ⤓ 990 PDF
FY2024$281K revenue · ⤓ 990 PDF
FY2023$347K revenue · ⤓ 990 PDF
FY2022$146K revenue · ⤓ 990 PDF
FY2021$119K revenue · ⤓ 990 PDF
FY2020$72K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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