Builds community, teaches financial literacy, and provides housing and tools through fundraising.
For fiscal year 2022 it reported $930K in revenue, $642K in expenses, and $452K in net assets.Pt I
Where the money goes · FY2022
Total revenue
$930K
Pt VIII · Ln 12
Total expenses
$642K
Pt IX · Ln 25
Net assets
$452K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $288K
Where spending went · Part IX cols B–D
49%
51%
Program services $0.49 Management & general $0.51
Program efficiency
49%
of spending reaches programs
Operating runway
8.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+31%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2022 · Form 990
Revenue
$930K
FY2022▲ +203%
$1.5M$754K$0
FY2020FY2024
Expenses
$642K
FY2022▲ +226%
$1.2M$583K$0
FY2020FY2024
Total assets
$452K
FY2022▲ +176%
$852K$426K$0
FY2020FY2024
Total liabilities
$0
FY2022
$10K$5K$0
FY2020FY2024
Total revenue
$930K
Pt VIII · Ln 12
Total expenses
$642K
Pt IX · Ln 25
Net assets
$452K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$288K
Total assetsPt X · Ln 16$452K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III
Where the work happens
3 program services account for $306K of program spending, described in the organization's own filed words · FY2022.
01
We provide local refurbishments, tools, equipment, and supplies for students.
Brandon Salaam-Bailey’s $239K as CEO and Corporate Secretary
is at the 76th percentile of top reported officer pay among 2834 $1–10M community 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
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.
Individual Brandon Salaam-Bailey · Reported title CEO AND CORPORATE SECRETAR · Highest reported compensation $82K · Total expenses $642K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $175K · Total expenses $642K
27%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
49%
—
—
Overhead ratio
51%
—
—
Fundraising cost ratio
0%
—
—
Revenue growth
203%
—
—
Accounting fee 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.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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