Ready Set Grow INC

Tax-deductible

Boca Raton, FL501(c)(3)EducationEIN 84-3298276

Ready, set, grow, INC. Was formed to establish and operate a holistic center for the growth and empowerment of both children and adults to become the best version of themselves, and to enable them to live fulfilling, meaningful lives, and to provide the community with the resources and support needed to that end.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2023
latest Form 990
Worth a look: the latest return is for FY2023, 3 tax years back; more than 2 years is worth a look.
IRS e-file · Filing history
Is it financially stable?
2 of 3
years in the black
Worth a look: 1 of the last 3 filings shows a deficit.
Pt I · Ln 19 · 3 filings
How much reaches the programs?
82%
of spending
Looks good: 82% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$234K
to officers and key staff · 12% of spending
Looks good: leaders' pay is 12% of spending; 15% or less looks good.
Pt VII · Sec A
Do they have reserves?
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$110K
liabilities
Looks good: debts are 11% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
3
independent of 3 voting board members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$2.4M
+18% vs prior year
Spent
$1.9M
To programs
82%
Net assets
$890K
By yearFY2021–FY2023
Revenue
$2.4M
FY2023▲ +18%
Revenue by fiscal year
FY2021$2.7M
FY2022$2.1M
FY2023$2.4M
Expenses
$1.9M
FY2023▼ -18%
Expenses by fiscal year
FY2021$2.2M
FY2022$2.4M
FY2023$1.9M
Net assets
$890K
FY2023▲ +134%
Net assets by fiscal year
FY2021$675K
FY2022$380K
FY2023$890K

From the FY2023 Form 990 (year ending August 2023) · figures checked against the IRS filing · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2023 — 4 yrs ago
Legal name (IRS)Hdr · item CReady Set Grow INC
EINHdr · item D84-3298276
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2020
Latest filingForm 990FY2023 · Form 990
Principal addressHdr · item CBoca Raton, FL
NTEE classificationIRS BMFEducation (B21)
WebsiteHdr · item Jrsgfamily.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$1.6M
Management & general18%$340K
Total functional expensesLn 25$1.9M

Financial health

Is it on solid ground?

Program efficiency
82%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate▲ +486% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ +246% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$1.0M
FY2023▲ +56%
Total assets by fiscal year
FY2021$813K
FY2022$643K
FY2023$1.0M
Total liabilities
$110K
FY2023▼ -58%
Total liabilities by fiscal year
FY2021$138K
FY2022$263K
FY2023$110K
Revenue less expensesPt I · Ln 19$510K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$663K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$110K
Total net assetsLn 32$890K
Months of cash on handcomputed4.1

Statement of Revenue

Part VIII
Investment income$1.2M · 50%
Program service revenue$1.2M · 47%
Contributions & grants$69K · 3%
Investment income50%$1.2M
Program service revenue47%$1.2M
Contributions & grants3%$69K
— government grantsLn 1e$69K
Total revenueLn 12$2.4M

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $663K · Operating expenses/yr $1.9M
4.1 months
Where the money goes
Program services
Program services $1.6M · Total expenses $1.9M
82%
Management & General
Management & general $340K · Total expenses $1.9M
18%
Fundraising
Fundraising $0 · Total expenses $1.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $69K · Total revenue $2.4M
3%
Government reliance
Government grants $69K · Total revenue $2.4M
3%
Earned-income share
Program service revenue $1.2M · Total revenue $2.4M
47%
Investment reliance
Investment income $1.2M · Total revenue $2.4M
+50%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $1.9M
60%
Growth & trend
Revenue growth (YoY)
This year $2.4M · Prior year $2.1M
+18%
Net-asset trend (YoY)
End of year $890K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.4M · Expenses $1.9M
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
—
Net-asset ratio
Net assets $890K · Total assets $1.0M
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rachel Rappaport · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $194K · Total expenses $1.9M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $611K · Total expenses $1.9M
32%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 18%——
Fundraising cost ratio 0%——
Revenue growth 18%——
Legal fee ratio 3%——
Accounting fee ratio 1%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$193,531Pt VII · Sec A
Chief Operating Officer
$40,838Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rachel Rappaport’s $194K as Executive Director is at the 81st 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 · 2 named individuals · Part VII

NameFY2023FY2022FY2021
Rachel Rappaport$193,531$182,500$31,497
Shaina Nemirovsky$40,838$8,017—

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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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Empowers children and adults through holistic growth and resources for fulfilling lives.

Provided by the organization

This section is blank until Ready Set Grow INC claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.6M of program spending, described in the organization's own filed words · FY2022.
01

Ready, set, grow, inc. Operates a preschool daycare center to support working parents. Its enrollment totals approximately 180 children, ages 6 months to 14 years. Their goal is to utilize the crucial years of early childhood to partner with parents in cultivating each child's uniqueness - developing well-rounded children and instilling…

$699Kprogram expense
02

Max! Facilitates meetings, workshops and consultations for women to empower them to live their lives to the fullest despite demanding schedules, including raising families. Max! Has evolved into an international mission to empower women to become the best version of themselves.

$477Kprogram expense
03

Ready, set, grow opened a new division in september 2022 and expanded in march 2023, to support, direct and coach family members of patients that are not given hope & healing by traditional medicine.

$422Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 51 grants · $531K · 2020–2022
See all 51 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2023 Latest Viewing $2.4M$1.9M+18% 990 PDF
FY2022 $2.1M$2.4M-24% 990 PDF
FY2021 $2.7M$2.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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