Changing financial futures forever starting now. 3rd Decade is an award-winning program providing financial education and mentorship to young adults ages 18-40, with a focus on low to moderate-income individuals.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$104K 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

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $134K a year · 12% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $110K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 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
$975K
+7% vs prior year
Spent
$886K
To programs
71%
Net assets
$329K
By yearFY2020–FY2025
Revenue
$975K
FY2021▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$913K
FY2021$975K
FY2022$1.0M
FY2023$1.3M
FY2024$1.1M
FY2025$1.3M
Expenses
$886K
FY2021▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$886K
FY2022$1.1M
FY2023$1.5M
FY2024$1.3M
FY2025$1.6M
Net assets
$329K
FY2021▲ +37%
Tap a bar for its year
Net assets by fiscal year
FY2020$240K
FY2021$329K
FY2022$247K
FY2023$1.1M
FY2024$842K
FY2025$609K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2019.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $627K Management & general 25% · $219K Fundraising 4% · $39K

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

7 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$104,344Pt VII · Sec A
Board Treasurer (thru July)
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A

Joe'mar Hooper’s $138K as Chief Executive Officer is at the 66th percentile of top reported officer pay among 3869 $1–10M human services 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Joe'mar Hooper$138,163$134,543$145,609$95,676——
Scott Bennett———$30,993$104,344$107,270

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 3rd Decade 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Teach young people essential money skills to improve their financial futures.

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1 program · $627K · in their own filed words · FY2021
01

3RD decade empowers young adults by providing fundamental personal financial education to young people who are between 18-35 years of age over the course of a two-year program. Participants of the program must have an individual income between $35,000-$75,000 or a household income between $35,000-$120,000, must be ready to manage debt…

$627Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
New Profit INCFY2025$110K
Total grants receivedfrom 1 funder$110K
Grants paid · 6 grants · $982K · 2020–2025
Unitemized GrantFY2025$108,251
Unitemized GrantFY2024$129,500
Unitemized GrantFY2023$130,500
Unitemized GrantFY2022$201,000
Unitemized GrantFY2021$187,000
Unitemized GrantFY2020$226,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$975K
Ln 12
Gifts and grantsLn 1h$975K
Money outPt IX
$886K
Ln 25
Programscol B$627K
Managementcol C$219K
Fundraisingcol D$39K
Owns and owesPt X
$329K
net assets · Ln 32
Cash and savingsLn 1–2$239K
Total assetsLn 16$335K
LiabilitiesLn 26$6K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$975K
Government grantsLn 1e$82K
Noncash giftsLn 1g$361K
Gains on assetsLn 7$0
Total revenueLn 12$975K
Assets in detailPt X, end of year
SavingsLn 2$239K
Cash and savings togetherLn 1–2$239K
Total assetsLn 16$335K
LiabilitiesLn 26$6K
Net assetsLn 32$329K
OperationsPt I, VI
EmployeesI 514
VolunteersI 6315
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$60K$239K
Total assetsLn 16$254K$335K
LiabilitiesLn 26$14K$6K
Net assetsLn 32$240K$329K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$187K$187K
Pay of current officers, directors and key staffLn 5$126K$88K$25K$13K
Other salaries and wagesLn 7$111K$2K$89K$20K
Pension plan contributionsLn 8$9K$9K
Other employee benefitsLn 9$120K$120K
Payroll taxesLn 10$80K$80K
Legal feesLn 11b$349$349
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$167K$167K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$5K$5K
Information technologyLn 14$30K$30K
OccupancyLn 16$15K$15K
TravelLn 17$953$953
Conferences, conventions and meetingsLn 19$443$443
InterestLn 20$48$48
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$17K$17K$824
Total functional expensesLn 25$886K$627K$219K$39K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.3M$1.6M−$231K$609K 990 PDF
FY2024 $1.1M$1.3M−$217K$842K 990 PDF
FY2023 $1.3M$1.5M−$266K$1.1M 990 PDF
FY2022 $1.0M$1.1M−$82K$247K 990 PDF
FY2021 Viewing $975K$886K$89K$329K 990 PDF
FY2020 $913K$1.0M−$94K$240K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $974,738 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $912,505$974,738
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $42$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $912,547$974,738
I-13 Grants and similar amounts paidPrior year $226,000$187,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $448,243$444,973
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $332,274$253,732
I-18 Total expensesPrior year $1,006,517$885,705
I-19 Revenue less expensesPrior year −$93,970$89,033
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $974,738 across 6 lines filed
VIII-1e Government grants$82,012
VIII-1f All other contributions, gifts and grants$892,726
VIII-1g Noncash contributions (included above)$360,907
VIII-1h Total contributions, gifts and grants$974,738
VIII-7 Net gain or loss on sales of assets$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$974,738
Part IX · Statement of functional expenses $885,705 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $187,000$187,000
IX-5 Pay of current officers, directors and key staffPrograms $88,188 · Management $25,196 · Fundraising $12,598$125,982
IX-7 Other salaries and wagesPrograms $1,936 · Management $88,790 · Fundraising $19,846$110,572
IX-8 Pension plan contributionsManagement $8,574$8,574
IX-9 Other employee benefitsPrograms $119,537$119,537
IX-10 Payroll taxesManagement $80,308$80,308
IX-11b Legal feesPrograms $349$349
IX-11c Accounting feesPrograms $5,444$5,444
IX-11g Other fees for servicesPrograms $166,532$166,532
IX-12 Advertising and promotionFundraising $6,542$6,542
IX-13 Office expensesPrograms $5,134$5,134
IX-14 Information technologyPrograms $30,488$30,488
IX-16 OccupancyManagement $15,282$15,282
IX-17 TravelPrograms $953$953
IX-19 Conferences, conventions and meetingsManagement $443$443
IX-20 InterestPrograms $48$48
IX-23 InsurancePrograms $5,184$5,184
IX-24 Other expenses (24a–d)Programs $16,509 · Management $824$17,333
IX-25 Total functional expensesPrograms $627,302 · Management $219,417 · Fundraising $38,986$885,705
Part X · Balance sheet $335,356 assets, 9 lines filed
X-2 Savings and temporary cash investmentsStart of year $60,249$239,239
X-3 Pledges and grants receivableStart of year $194,156$96,117
X-16 Total assetsStart of year $254,405$335,356
X-17 Accounts payable and accrued expensesStart of year $14,032$5,950
X-26 Total liabilitiesStart of year $14,032$5,950
X-27 Net assets without donor restrictionsStart of year $225,373$329,406
X-28 Net assets with donor restrictionsStart of year $15,000$0
X-32 Total net assets or fund balancesStart of year $240,373$329,406
X-33 Total liabilities and net assetsStart of year $254,405$335,356
Part XI · Reconciliation of net assets $329,406 net assets at year end
XI-1 Total revenue$974,738
XI-2 Total expenses$885,705
XI-3 Revenue less expenses$89,033
XI-4 Net assets at start of year$240,373
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$329,406

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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