Wall Street Bound EIN 84-1973939 Form 990 (PDF) Claim this org

Wall Street Bound

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Empowering urban youth with finance career opportunities for future success. For fiscal year 2024 it reported $607K in revenue, $731K in expenses, and $188K in net assets.Pt I

Type
Public charity (501(c)(3)) · Employment
Location
New York, NY
Website
www.wallstreetbound.org
Filings
5 on file (2020–2024)
Revenue
$607KFY2024
Expenses
$731K
Net assets
$188K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-1973939 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering urban youth with finance career opportunities for future success.
Leadership
Troy Prince · CEO and Vice Chairman
Money in and out
$607K revenue, $731K expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$607K
Pt VIII · Ln 12
Total expenses
$731K
Pt IX · Ln 25
Net assets
$188K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$124K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.07 Fundraising $0.21
Program efficiency
71%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate▼ -77% vs prior filing year
Surplus margin
-20%
revenue over expenses, this year▼ -13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$607K
FY2024▲ +14%
Expenses
$731K
FY2024▲ +16%
Total assets
$251K
FY2024▼ -33%
Total liabilities
$62K
FY2024▼ -0.8%
Total revenue
$607K
Pt VIII · Ln 12
Total expenses
$731K
Pt IX · Ln 25
Net assets
$188K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$124K
Total assetsPt X · Ln 16$251K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWall Street Bound
EINHdr · item D84-1973939
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.wallstreetbound.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J20)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO and Vice Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Troy Prince’s $142K as CEO and Vice Chairman is at the 93rd percentile of top reported officer pay among 1213 $100K–1M employment 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

NameFY2023FY2021FY2020
Troy Prince$142,500
Amanda Kean$116,000$13,750
John Gravley$113,000
Troy Prince$83,333$25,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $522K of program spending, described in the organization's own filed words · FY2024.
01

We create pathways of success for urban youth through careers in finance.

$522Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$485K · 80%
Program service revenue$122K · 20%
Contributions & grants80%$485K
Program service revenue20%$122K
Total revenueLn 12$607K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.07 Fundraising $0.21
Program services71%$522K
Management & general7%$52K
Fundraising21%$157K
Total functional expensesLn 25$731K

Balance Sheet

Part X · end of year
CashLn 1$96K
Total assetsLn 16$251K
Total liabilitiesLn 26$62K
Total net assetsLn 32$188K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $96K · Operating expenses/yr $731K
1.6 months
Where the money goes
Program services
Program services $522K · Total expenses $731K
71%
Management & General
Management & general $52K · Total expenses $731K
7%
Fundraising
Fundraising $157K · Total expenses $731K
21%
Cost to raise $1
Fundraising expense (3-yr avg) $98K · Solicited contributions (3-yr avg) $408K
$0.24 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $485K · Total revenue $607K
80%
Government reliance
Government grants — · Total revenue $607K
Earned-income share
Program service revenue $122K · Total revenue $607K
20%
Investment reliance
Investment income $0 · Total revenue $607K
0%
Program self-sufficiency
Program service revenue $122K · Total expenses $731K
17%
Growth & trend
Revenue growth (YoY)
This year $607K · Prior year $534K
+14%
Revenue CAGR
FY2020 $225K · FY2024 $607K
+28%
Net-asset trend (YoY)
End of year $188K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $607K · Expenses $731K
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $251K
Net-asset ratio
Net assets $188K · Total assets $251K
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $251K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Troy Prince · Reported title CEO AND VICE CHAIRMAN · Highest reported compensation $0 · Total expenses $731K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $489K · Total expenses $731K
67%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 7%
Fundraising cost ratio 32%
Revenue growth 14%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%

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

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$607K revenue · viewing · ⤓ 990 PDF
FY2023$534K revenue · ⤓ 990 PDF
FY2022$371K revenue · ⤓ 990 PDF
FY2021$809K revenue · ⤓ 990 PDF
FY2020$225K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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