Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
78 cents of each dollar spent went to programs.
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
11 people listed on the 990; $108K paid to officers and key staff.
Romi Lassally’s $210K as CEO & Co-Founder is at the 84th percentile of top reported officer pay among 3395 $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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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 15aNo
Programs and updates
Helps foster youth in college graduate and start fulfilling careers.
Questions for Ready to Succeed
Your first name shows with your question. Ready to Succeed answers here, for everyone.
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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…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $346K | $815K |
| Total assetsLn 16 | $375K | $843K |
| LiabilitiesLn 26 | $19K | $97K |
| Net assetsLn 32 | $355K | $746K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $59K | $59K | ||
| Pay of current officers, directors and key staffLn 5 | $110K | $70K | $20K | $20K |
| Other salaries and wagesLn 7 | $302K | $250K | $52K | |
| Other employee benefitsLn 9 | $5K | $5K | ||
| Payroll taxesLn 10 | $33K | $26K | $2K | $6K |
| Legal feesLn 11b | $105 | $35 | $70 | |
| Accounting feesLn 11c | $7K | $7K | ||
| Other fees for servicesLn 11g | $54K | $35K | $19K | |
| Office expensesLn 13 | $23K | $12K | $10K | $532 |
| Information technologyLn 14 | $21K | $15K | $6K | |
| OccupancyLn 16 | $43K | $43K | ||
| TravelLn 17 | $1K | $975 | $102 | |
| Conferences, conventions and meetingsLn 19 | $5K | $4K | $1K | $75 |
| InsuranceLn 23 | $8K | $917 | $7K | |
| Other expenses (24a–d)Ln 24 | $46K | $42K | $3K | $2K |
| Total functional expensesLn 25 | $716K | $562K | $74K | $81K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $4.4M | $4.2M | $170K | $3.1M | 990 PDF |
| FY2023 | $4.5M | $2.9M | $1.7M | $2.9M | 990 PDF |
| FY2022 | Not on file | ||||
| FY2021 | $435K | $446K | −$11K | $735K | 990 PDF |
| FY2020 Viewing | $1.1M | $716K | $391K | $746K | 990 PDF |
| FY2019 | $607K | $252K | $355K | $355K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,106,956 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 2 to look at
Part VIII · Statement of revenue $1,106,956 across 6 lines filed
Part IX · Statement of functional expenses $716,326 across 15 lines filed
Part X · Balance sheet $842,998 assets, 10 lines filed
Part XI · Reconciliation of net assets $745,948 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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