Change Summer INC FY2020 filing

Tax-deductible

New York, NY501(c)(3)Since 2018Youth DevelopmentEIN 83-0670185

Change summer provides students from under-resourced communities with a summer experience that increases independence, curiosity, confidence, and responsibility - all critical skills for a successful future.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$263K 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 $130K a year · 3% 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
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$263K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
26
named funders · $1.2M
Looks good: 26 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$526K
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
Spent
$971K
To programs
73%
Net assets
$421K
By yearFY2020–FY2024
Revenue
$1.2M
FY2020
Revenue by fiscal year
FY2020$1.2M
FY2021$2.6M
FY2022$6.9M
FY2023$5.6M
FY2024$6.1M
FY2024$6.6M
Expenses
$971K
FY2020
Expenses by fiscal year
FY2020$971K
FY2021$2.4M
FY2022$5.1M
FY2023$6.2M
FY2024$7.2M
FY2024$7.0M
Net assets
$421K
FY2020
Net assets by fiscal year
FY2020$421K
FY2021$654K
FY2022$2.4M
FY2023$1.9M
FY2024$818K
FY2024$395K

From the FY2020 Form 990 (year ending September 2020) · 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 Dec 2018.

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

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $708K Management & general 15% · $144K Fundraising 12% · $119K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990; $263K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$262,847Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A

Joshua Phillips’s $293K as CEO is at the 97th percentile of top reported officer pay among 1552 $1–10M 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Joshua Phillips$293,063$282,220$285,798$290,000$265,000$262,847
Briana Mitchell$178,321$173,240$120,384———
Sunita Yadavalli$147,457—————
Michael Callahan$124,797$116,820$121,506———
Matthew Wong$106,089—————
Lauren Pitcairn$105,500$101,820————
Ijeoma Duru$105,500$101,820————
Monia Johnson—$101,820$102,722———

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.

See Change Summer INC 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 15aYes

Programs and updates

Offers summer programs to build independence, curiosity, confidence, and responsibility in students.

Provided by the organization

This section is blank until Change Summer INC claims this page.

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1 program service account for $708K of program spending, described in the organization's own filed words · FY2019.
01

Change Summer provides students from under-resourced communities with a summer experience that increases independence, curiosity, confidence, and responsibility - all critical skills for a successful future.

$708Kprogram expense

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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 26 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.2M
Money outPt IX
$971K
Ln 25
Programscol B$708K
Managementcol C$144K
Fundraisingcol D$119K
Owns and owesPt X
$421K
net assets · Ln 32
Cash and savingsLn 1–2$898K
Total assetsLn 16$946K
LiabilitiesLn 26$526K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Gains on assetsLn 7$0
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$898K
SavingsLn 2$0
Cash and savings togetherLn 1–2$898K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$946K
LiabilitiesLn 26$526K
Net assetsLn 32$421K
OperationsPt I, VI
EmployeesI 5417
VolunteersI 60
Fiscal year endsHeaderSeptember
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 FY20End FY20
Cash and savingsLn 1–2$198K$898K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$203K$946K
LiabilitiesLn 26$33K$526K
Net assetsLn 32$169K$421K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
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$132K$98K$18K$16K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$384K$284K$52K$48K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$95K$70K$13K$12K
Management feesLn 11a$0
Legal feesLn 11b$75$75
Accounting feesLn 11c$76K$46K$29K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$5K$5K$11
Advertising and promotionLn 12$0
Office expensesLn 13$18K$16K$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$8K$5K$865$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$14K$10K$2K$2K
Other expenses (24a–d)Ln 24$232K$170K$23K$38K
All other expensesLn 24e$8K$3K$4K$284
Total functional expensesLn 25$971K$708K$144K$119K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $6.1M$7.2M−$1.0M$818K 990 PDF
FY2023 $5.6M$6.2M−$589K$1.9M 990 PDF
FY2022 $6.9M$5.1M$1.8M$2.4M 990 PDF
FY2021 $2.6M$2.4M$234K$654K 990 PDF
FY2020 Viewing $1.2M$971K$251K$421K 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 (4 parts)
Part VIII · Statement of revenue $1,222,621 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,222,621
VIII-1h Total contributions, gifts and grants$1,222,621
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$1,222,621
Part IX · Statement of functional expenses $971,431 across 31 lines filed
IX-1 Grants to domestic organizations$0
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 staffPrograms $97,650 · Management $17,873 · Fundraising $16,477$132,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $284,349 · Management $52,043 · Fundraising $47,978$384,370
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $69,684 · Management $12,978 · Fundraising $11,906$94,568
IX-11a Management fees$0
IX-11b Legal feesManagement $75$75
IX-11c Accounting feesPrograms $46,184 · Management $29,395$75,579
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $5,142 · Management $11$5,153
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $16,168 · Management $1,098 · Fundraising $1,045$18,311
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $5,447 · Management $865 · Fundraising $1,498$7,810
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $10,453 · Management $1,907 · Fundraising $1,758$14,118
IX-24 Other expenses (24a–d)Programs $169,992 · Management $23,412 · Fundraising $38,306$231,710
IX-24e All other expensesPrograms $3,233 · Management $4,220 · Fundraising $284$7,737
IX-25 Total functional expensesPrograms $708,302 · Management $143,877 · Fundraising $119,252$971,431
Part X · Balance sheet $946,414 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $198,316$897,842
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 chargesStart of year $4,379$48,572
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 $202,695$946,414
X-17 Accounts payable and accrued expensesStart of year $33,364$28,073
X-19 Deferred revenue$162,875
X-24 Unsecured notes and loans payable$334,945
X-26 Total liabilitiesStart of year $33,364$525,893
X-27 Net assets without donor restrictionsStart of year $169,331$420,521
X-32 Total net assets or fund balancesStart of year $169,331$420,521
X-33 Total liabilities and net assetsStart of year $202,695$946,414
Part XI · Reconciliation of net assets $420,521 net assets at year end
XI-1 Total revenue$1,222,621
XI-2 Total expenses$971,431
XI-3 Revenue less expenses$251,190
XI-4 Net assets at start of year$169,331
XI-10 Net assets at end of year$420,521

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

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