Ready to Succeed FY2019 filing
Helps foster youth in college graduate and start fulfilling careers. For fiscal year 2019 it reported $607K in revenue, $252K in expenses, and $355K in net assets.Pt I
- Founded
- 2018
- Type
- Public charity (501(c)(3)) · Education
- Location
- Los Angeles, CA
- Website
- readytosucceedla.org
- Filings
- 5 on file (2019–2019)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Romi Lassally’s $210K as CEO & Co-Founder is at the 84th percentile of top reported officer pay among 3393 $1–10M education 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 · 4 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Romi Lassally | $209,705 | $122,894 | $135,100 | $80,833 | $69,192 | $18,885 |
| Robin Thomas | $164,600 | — | — | — | — | — |
| Frances Hardy | — | — | $116,433 | — | — | — |
| Patrick McCabe | — | $67,794 | $60,100 | $30,000 | $38,358 | $14,718 |
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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Where the work happens
90% of our scholars secured full time jobs within 6 months of graduation; 92% of our scholars secured paid summer internships; 94% of our scholars graduated college within 4.5 years, 98% of our scholars became "career ready" - building core soft skill competencies and 92% increased their social capital and added 20+ professionals to…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 63% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 10% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 0.4% | — | — |
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
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Filings & Schedule Manifest
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Sources
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