Help break the cycle of poverty

501(c)(3) charity; gifts are tax-deductible.
$102K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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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 $108K a year · 14% 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
142%
of spending
Looks good: 142% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $488K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$39K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$565K
-26% vs prior year
Spent
$722K
To programs
142%
Net assets
$641K
By yearFY2020–FY2024
Revenue
$565K
FY2024▼ -26%
Tap a bar for its year
Revenue by fiscal year
FY2020$516K
FY2021$616K
FY2022$1.5M
FY2023$759K
FY2024$565K
Expenses
$722K
FY2024▼ -24%
Tap a bar for its year
Expenses by fiscal year
FY2020$326K
FY2021$558K
FY2022$903K
FY2023$946K
FY2024$722K
Net assets
$641K
FY2024▼ -20%
Tap a bar for its year
Net assets by fiscal year
FY2020$290K
FY2021$349K
FY2022$985K
FY2023$798K
FY2024$641K

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2017.

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

Where the money goes

142 cents of each dollar spent went to programs.

Program services 142% · $1.0M Management & general 18% · $132K Fundraising 13% · $95K

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

12 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$102,339Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Carl F Martin JR’s $102K as Executive Di is at the 88th percentile of top reported officer pay among 1992 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Carl F Martin JR$102,339——$86,104$78,160
Carl Martin JR—$100,873$98,082——

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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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 15aYes

Programs and updates

Empowers individuals and families to escape poverty through education and resources.

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Provided by the organization

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1 program · $1.0M · in their own filed words · FY2024
01

Help to eliminate the cycle of generational poverty by providing full-time professional mentors and volunteers supporters for "highly at-risk" children.

$1.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 12 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$565K
Ln 12
Gifts and grantsLn 1h$946K
Investment incomeLn 3$16K
Money outPt IX
$722K
Ln 25
Programscol B$1.0M
Managementcol C$132K
Fundraisingcol D$95K
Owns and owesPt X
$641K
net assets · Ln 32
Cash and savingsLn 1–2$333K
Total assetsLn 16$644K
LiabilitiesLn 26$39K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$946K
Noncash giftsLn 1g$1K
Investment incomeLn 3$16K
Total revenueLn 12$565K
Assets in detailPt X, end of year
CashLn 1$288K
SavingsLn 2$45K
Cash and savings togetherLn 1–2$333K
Land, buildings, equipmentLn 10c$22K
Other assetsLn 15$950
Total assetsLn 16$644K
LiabilitiesLn 26$39K
Net assetsLn 32$641K
OperationsPt I, VI
EmployeesI 510
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$616K$333K
Land, buildings, equipmentLn 10c$28K$22K
Total assetsLn 16$644K$375K
LiabilitiesLn 26$3K$39K
Net assetsLn 32$641K$336K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$102K$72K$15K$15K
Other salaries and wagesLn 7$701K$669K$24K$9K
Pension plan contributionsLn 8$9K$6K$1K$1K
Other employee benefitsLn 9$60K$55K$3K$2K
Payroll taxesLn 10$65K$60K$3K$2K
Accounting feesLn 11c$42K$42K
Professional fundraising feesLn 11e$5K$5K
Other fees for servicesLn 11g$11K$4K$2K$4K
Advertising and promotionLn 12$43K$43K
Office expensesLn 13$5K$1K$4K$472
Information technologyLn 14$10K$7K$1K$1K
OccupancyLn 16$15K$7K$7K$294
TravelLn 17$2K$2K$68
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$33K$23K$5K$5K
Other expenses (24a–d)Ln 24$126K$107K$16K$3K
All other expensesLn 24e$17K$7K$8K$3K
Total functional expensesLn 25$1.3M$1.0M$132K$95K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $565K$722K−$157K$641K 990 PDF
FY2023 $759K$946K−$187K$798K 990 PDF
FY2022 $1.5M$903K$636K$985K 990 PDF
FY2021 $616K$558K$58K$349K 990 PDF
FY2020 $516K$326K$189K$290K 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 $962,129 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $546,541$946,059
I-9 Program service revenue$0
I-10 Investment incomePrior year $18,554$16,070
I-11 Other revenue$0
I-12 Total revenuePrior year $565,095$962,129
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $515,155$938,346
I-16a Professional fundraising feesPrior year $1,920$5,300
I-17 Other expensesPrior year $204,646$310,952
I-18 Total expensesPrior year $721,721$1,254,598
I-19 Revenue less expensesPrior year −$156,626−$292,469
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $962,129 across 5 lines filed
VIII-1f All other contributions, gifts and grants$946,059
VIII-1g Noncash contributions (included above)$1,122
VIII-1h Total contributions, gifts and grants$946,059
VIII-3 Investment incomeRelated to mission $16,070$16,070
VIII-12 Total revenueRelated to mission $16,070$962,129
Part IX · Statement of functional expenses $1,254,598 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $71,637 · Management $15,351 · Fundraising $15,351$102,339
IX-7 Other salaries and wagesPrograms $668,647 · Management $23,626 · Fundraising $9,192$701,465
IX-8 Pension plan contributionsPrograms $6,412 · Management $1,374 · Fundraising $1,374$9,160
IX-9 Other employee benefitsPrograms $55,344 · Management $3,008 · Fundraising $1,805$60,157
IX-10 Payroll taxesPrograms $60,007 · Management $3,261 · Fundraising $1,957$65,225
IX-11c Accounting feesManagement $42,348$42,348
IX-11e Professional fundraising feesFundraising $5,300$5,300
IX-11g Other fees for servicesPrograms $4,491 · Management $2,245 · Fundraising $4,491$11,227
IX-12 Advertising and promotionFundraising $42,920$42,920
IX-13 Office expensesPrograms $1,198 · Management $3,587 · Fundraising $472$5,257
IX-14 Information technologyPrograms $7,434 · Management $1,354 · Fundraising $1,354$10,142
IX-16 OccupancyPrograms $7,203 · Management $7,203 · Fundraising $294$14,700
IX-17 TravelPrograms $1,751 · Management $68$1,819
IX-22 Depreciation, depletion and amortizationPrograms $6,564$6,564
IX-23 InsurancePrograms $22,826 · Management $4,891 · Fundraising $4,891$32,608
IX-24 Other expenses (24a–d)Programs $107,196 · Management $16,169 · Fundraising $2,777$126,142
IX-24e All other expensesPrograms $6,715 · Management $7,624 · Fundraising $2,886$17,225
IX-25 Total functional expensesPrograms $1,027,425 · Management $132,109 · Fundraising $95,064$1,254,598
Part X · Balance sheet $374,514 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $274,161$287,816
X-2 Savings and temporary cash investmentsStart of year $341,935$45,019
X-3 Pledges and grants receivable$7,176
X-9 Prepaid expenses and deferred charges$11,092
X-10c Land, buildings and equipment, netStart of year $27,985$22,461
X-15 Other assets$950
X-16 Total assetsStart of year $644,081$374,514
X-17 Accounts payable and accrued expenses$8,386
X-25 Other liabilitiesStart of year $2,699$30,303
X-26 Total liabilitiesStart of year $2,699$38,689
X-27 Net assets without donor restrictionsStart of year $641,382$326,803
X-28 Net assets with donor restrictions$9,022
X-32 Total net assets or fund balancesStart of year $641,382$335,825
X-33 Total liabilities and net assetsStart of year $644,081$374,514
Part XI · Reconciliation of net assets $335,825 net assets at year end
XI-1 Total revenue$962,129
XI-2 Total expenses$1,254,598
XI-3 Revenue less expenses−$292,469
XI-4 Net assets at start of year$641,382
XI-8 Prior period adjustments−$13,088
XI-10 Net assets at end of year$335,825

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

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