Five Frogs INC FY2024 filing

Public charity (501(c)(3)) Fairfield, CT EIN 81-3273201 NTEE W70
Revenue
$423K
▼ -0.6%
FY2024 · Pt VIII · Ln 12
Expenses
$349K
▼ -19%
FY2024 · Pt IX · Ln 25
Net assets
$483K
FY2024 · Pt X · Ln 32
To programs
59%
FY2024 · Pt IX · col B
Revenue & expenses by yearFY2021–FY2025
Revenue
$423K
FY2024▼ -0.6%
Expenses
$349K
FY2024▼ -19%

Builds a powerful movement of diverse leaders.

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Tax-deductible?
Yes
Per the IRS master file.
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Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
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Filing up to date?
Filed FY2024 (typical filing lag)
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Foundation funders?
1 funder — Fidelity Investments Charitable Gift Fund
$250K in the latest grant year.
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Spent on programs?
59% to programs
Form 990 Part IX, latest filing.
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Size and trend
$100K–1M
↓ -0.6% vs prior year
Details →

Form 990 for the fiscal year ending June 2024 (IRS tax year 2023).


Builds a powerful movement of diverse leaders.

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Fairfield, CT
Website
www.fivefrogsct.org
Filings
5 on file (2021–2024)
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Where the money goes · FY2024
Where spending went · Part IX cols B–D
Program services $0.59 Management & general $0.36 Fundraising $0.05
Program efficiency
59%
of spending reaches programs
Operating runway
16.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$491K
FY2024▲ +19%
Total liabilities
$8K
FY2024▲ +257%
Revenue less expensesPt I · Ln 19$74K
Total assetsPt X · Ln 16$491K
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CFive Frogs INC
EINHdr · item D81-3273201
Principal addressHdr · item CFairfield, CT
WebsiteHdr · item Jwww.fivefrogsct.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W70)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$86,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Lindsey Eichler’s $130K as Executive Director is at the 87th percentile of top reported officer pay among 1043 $100K–1M public & societal benefit 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

NameFY2025FY2024FY2023FY2022
Lindsey Eichler$130,000$86,000——
Tricia Hyacinth——$129,807$105,769

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

2 program services account for $206K of program spending, described in the organization's own filed words · FY2023.
01

Leadership development roundtable (LDR) is a strengths-based, action-oriented cohort experience that supports leaders in improving their leadership practice. LDR helps leaders build skills, expand their network, and connect with peers to address systemic inequities and realize equity in connecticut.

$187Kprogram expense
02

Individual leadership coaching and group coaching are strengths and inquiry based experiences that help connecticut leaders achieve results. Through active listening and asking powerful and pertinent questions, coaches help leaders find and explore personal values, open up possibilities when a decision or action needs to be made, see…

$19Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$385K · 91%
Program service revenue$38K · 9%
Contributions & grants91%$385K
Program service revenue9%$38K
Total revenueLn 12$423K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.36 Fundraising $0.05
Program services59%$206K
Management & general36%$125K
Fundraising5%$18K
Total functional expensesLn 25$349K

Balance Sheet

Part X · end of year
CashLn 1$490K
Total assetsLn 16$491K
Total liabilitiesLn 26$8K
Total net assetsLn 32$483K
Months of cash on handcomputed16.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $490K · Operating expenses/yr $349K
16.9 months
Where the money goes
Program services
Program services $206K · Total expenses $349K
59%
Management & General
Management & general $125K · Total expenses $349K
36%
Fundraising
Fundraising $18K · Total expenses $349K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $419K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $385K · Total revenue $423K
91%
Government reliance
Government grants — · Total revenue $423K
—
Earned-income share
Program service revenue $38K · Total revenue $423K
9%
Investment reliance
Investment income $0 · Total revenue $423K
0%
Program self-sufficiency
Program service revenue $38K · Total expenses $349K
11%
Growth & trend
Revenue growth (YoY)
This year $423K · Prior year $426K
-0.6%
Net-asset trend (YoY)
End of year $483K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $423K · Expenses $349K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $491K
—
Net-asset ratio
Net assets $483K · Total assets $491K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $491K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lindsey Eichler · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $86K · Total expenses $349K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $193K · Total expenses $349K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 59%——
Overhead ratio 36%——
Fundraising cost ratio 5%——
Revenue growth -0.6%——
Accounting fee ratio 4%——

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
Total grants receivedfrom 1 funder$250K

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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)$420K revenue · ⤓ 990 PDF
FY2024$423K revenue · viewing · ⤓ 990 PDF
FY2023$426K revenue · ⤓ 990 PDF
FY2022$580K revenue · ⤓ 990 PDF
FY2021$496K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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