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.
67¢ of each $1 spent went to programs.
$135K 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

FY2024 · 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
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$135K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
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
$97K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-13% vs prior year
Spent
$1.3M
To programs
67%
Net assets
$842K
By yearFY2020–FY2025
Revenue
$1.1M
FY2024▼ -13%
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
$1.3M
FY2024▼ -14%
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
$842K
FY2024▼ -21%
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 FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

67 cents of each dollar spent went to programs.

Program services 67% · $879K Management & general 21% · $281K Fundraising 12% · $151K

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; $135K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$134,543Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 2No
  • 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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Provided by the organization

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2 programs · $879K · in their own filed words · FY2024
01

3RD decade is a national nonprofit organization dedicated to empowering individuals to achieve financial stability and independence. Our comprehensive program focuses on behavioral change, long-term financial goal setting, and equipping participants with the necessary knowledge and tools to achieve a secure financial future.

$860Kprogram expense
02

3RD decade offers both in-person and virtual financial education workshops tailored for businesses, schools, non-profits, and other community organizations. These workshops are designed to provide participants with practical knowledge and skills in personal finance, including budgeting, saving, credit management, investing, and…

$19Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$5K
Other incomeLn 4–11$2K
Money outPt IX
$1.3M
Ln 25
Programscol B$879K
Managementcol C$281K
Fundraisingcol D$151K
Owns and owesPt X
$842K
net assets · Ln 32
Cash and savingsLn 1–2$243K
Total assetsLn 16$939K
LiabilitiesLn 26$97K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$10K
Noncash giftsLn 1g$49K
Investment incomeLn 3$5K
Other incomeLn 4–11$2K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$102K
SavingsLn 2$141K
Cash and savings togetherLn 1–2$243K
Total assetsLn 16$939K
LiabilitiesLn 26$97K
Net assetsLn 32$842K
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 FY24End FY24
Cash and savingsLn 1–2$205K$243K
Total assetsLn 16$1.1M$939K
LiabilitiesLn 26$60K$97K
Net assetsLn 32$1.1M$842K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$130K$130K
Pay of current officers, directors and key staffLn 5$150K$102K$29K$20K
Other salaries and wagesLn 7$526K$350K$94K$83K
Pension plan contributionsLn 8$12K$7K$4K$2K
Other employee benefitsLn 9$93K$54K$25K$14K
Payroll taxesLn 10$53K$37K$9K$8K
Legal feesLn 11b$181$181
Accounting feesLn 11c$59K$59K
Professional fundraising feesLn 11e$2K$2K
Other fees for servicesLn 11g$65K$54K$8K$3K
Advertising and promotionLn 12$27K$21K$394$5K
Office expensesLn 13$103K$67K$26K$10K
Information technologyLn 14$773$773
OccupancyLn 16$6K$4K$2K$500
TravelLn 17$26K$5K$21K$3
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$6K$4K$1K$1K
Other expenses (24a–d)Ln 24$51K$46K$3K$3K
Total functional expensesLn 25$1.3M$879K$281K$151K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.3M$1.6M−$231K$609K 990 PDF
FY2024 Viewing $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 $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 FY2024 990 (6 parts)
Part I · Summary $1,094,332 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,080,372$1,086,818
I-9 Program service revenuePrior year $175,000$0
I-10 Investment incomePrior year $797$5,051
I-11 Other revenuePrior year $0$2,463
I-12 Total revenuePrior year $1,256,169$1,094,332
I-13 Grants and similar amounts paidPrior year $130,500$129,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $836,574$834,982
I-16a Professional fundraising feesPrior year $22,750$1,625
I-17 Other expensesPrior year $532,144$345,562
I-18 Total expensesPrior year $1,521,968$1,311,669
I-19 Revenue less expensesPrior year −$265,799−$217,337
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
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 $1,094,332 across 7 lines filed
VIII-1e Government grants$10,149
VIII-1f All other contributions, gifts and grants$1,076,669
VIII-1g Noncash contributions (included above)$49,050
VIII-1h Total contributions, gifts and grants$1,086,818
VIII-3 Investment incomeExcluded from tax $5,051$5,051
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,463$2,463
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $7,514$1,094,332
Part IX · Statement of functional expenses $1,311,669 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $129,500$129,500
IX-5 Pay of current officers, directors and key staffPrograms $102,067 · Management $28,518 · Fundraising $19,514$150,099
IX-7 Other salaries and wagesPrograms $349,789 · Management $93,762 · Fundraising $82,644$526,195
IX-8 Pension plan contributionsPrograms $6,650 · Management $3,798 · Fundraising $1,844$12,292
IX-9 Other employee benefitsPrograms $54,365 · Management $25,258 · Fundraising $13,713$93,336
IX-10 Payroll taxesPrograms $36,513 · Management $9,006 · Fundraising $7,541$53,060
IX-11b Legal feesManagement $181$181
IX-11c Accounting feesManagement $58,603$58,603
IX-11e Professional fundraising feesFundraising $1,625$1,625
IX-11g Other fees for servicesPrograms $53,992 · Management $8,349 · Fundraising $3,008$65,349
IX-12 Advertising and promotionPrograms $21,335 · Management $394 · Fundraising $5,331$27,060
IX-13 Office expensesPrograms $66,634 · Management $26,437 · Fundraising $9,701$102,772
IX-14 Information technologyPrograms $773$773
IX-16 OccupancyPrograms $3,510 · Management $2,241 · Fundraising $500$6,251
IX-17 TravelPrograms $5,151 · Management $20,703 · Fundraising $3$25,857
IX-22 Depreciation, depletion and amortizationFundraising $1,624$1,624
IX-23 InsurancePrograms $3,611 · Management $1,032 · Fundraising $1,032$5,675
IX-24 Other expenses (24a–d)Programs $45,559 · Management $3,062 · Fundraising $2,796$51,417
IX-25 Total functional expensesPrograms $879,449 · Management $281,344 · Fundraising $150,876$1,311,669
Part X · Balance sheet $938,812 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $204,060$102,363
X-2 Savings and temporary cash investmentsStart of year $818$140,783
X-3 Pledges and grants receivableStart of year $869,647$644,357
X-9 Prepaid expenses and deferred chargesStart of year $35,388$38,433
X-14 Intangible assets$12,876
X-16 Total assetsStart of year $1,119,101$938,812
X-17 Accounts payable and accrued expensesStart of year $60,110$64,779
X-19 Deferred revenue$32,500
X-26 Total liabilitiesStart of year $60,110$97,279
X-27 Net assets without donor restrictionsStart of year $23,301$112,805
X-28 Net assets with donor restrictionsStart of year $1,035,690$728,728
X-32 Total net assets or fund balancesStart of year $1,058,991$841,533
X-33 Total liabilities and net assetsStart of year $1,119,101$938,812
Part XI · Reconciliation of net assets $841,533 net assets at year end
XI-1 Total revenue$1,094,332
XI-2 Total expenses$1,311,669
XI-3 Revenue less expenses−$217,337
XI-4 Net assets at start of year$1,058,991
XI-5 Net unrealized gains (losses) on investments−$121
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$841,533

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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