Fighting Chance Mentors FY2023 filing

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Support youth, families, and underserved communities through charitable programs, educational support, and community assistance.

501(c)(3) charity; gifts are tax-deductible.
31¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
0 of 3
filings with a surplus
Average deficit $15K a year · 2982% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
31%
of spending
Concern: 31% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
485 mo
of spending, in cash
Plus $411K in investments, Pt X · Ln 11–13
Looks good: 484.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$585
Spent
$10K
To programs
31%
Net assets
$799K
By yearFY2023–FY2025
Revenue
$585
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$585
FY2024$516
FY2025$360
Expenses
$10K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$10K
FY2024$12K
FY2025$24K
Net assets
$799K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$799K
FY2024$1.0M
FY2025$1.1M

From the FY2023 Form 990 (year ending June 2023) · see the original

990 PDF Claim
You’re viewing the FY2023 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 Jul 2023.

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

Where the money goes

31 cents of each dollar spent went to programs.

Program services 31% · $3K Management & general 69% · $7K

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

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President & Secretary
$0Pt VII · Sec A
See Fighting Chance Mentors executive salaries →

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 disadvantaged people and communities improve their economic and social standing.

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2 programs · $3K · in their own filed words · FY2022
01

In december 2022, the organization donated and delivered 60 backpacks filled with scholl supplies TH the 2ND grade class at erickson elementary school in tucson, arizona. In march 2023, they donated and delivered 40 backpacks filled with school supplies to morgan maxwell k-8 school, also in tucson.

$3Kprogram expense
02

Board members met with the director of housing and community development for the city of tucson and her assistant to discuss housing and community development in tucson, including affordable housing strategy, data dashboard needs, state low-income guidelines, and pain points related to limited funds, incentive programs, development…

Pt IX · col B

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 · 1 grant · $10K · 2024–2024
Congregation Bet ShalomAZ · FY2024$10,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$585
Ln 12
Investment incomeLn 3$555
Gifts and grantsLn 1h$30
Money outPt IX
$10K
Ln 25
Programscol B$3K
Managementcol C$7K
Owns and owesPt X
$799K
net assets · Ln 32
Cash and savingsLn 1–2$388K
Total assetsLn 16$799K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30
Investment incomeLn 3$555
Total revenueLn 12$585
Assets in detailPt X, end of year
CashLn 1$388K
Cash and savings togetherLn 1–2$388K
InvestmentsLn 11–13$411K
Total assetsLn 16$799K
LiabilitiesLn 26$0
Net assetsLn 32$799K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$398K$388K
InvestmentsLn 11–13$596K$411K
Total assetsLn 16$993K$799K
LiabilitiesLn 26$0$0
Net assetsLn 32$993K$799K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$250$250
Accounting feesLn 11c$7K$7K
Information technologyLn 14$113$113
Other expenses (24a–d)Ln 24$3K$3K
Total functional expensesLn 25$10K$3K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $360$24K−$23K$1.1M 990 PDF
FY2024Filed with the IRS May 15, 2025 $516$12K−$11K$1.0M 990 PDF
FY2023 ViewingFiled with the IRS Aug 21, 2024 $585$10K−$9K$799K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $585 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$30
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $216$555
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $216$585
I-13 Grants and similar amounts paidPrior year $0$250
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,944$9,363
I-18 Total expensesPrior year $6,944$9,613
I-19 Revenue less expensesPrior year −$6,728−$9,028
Part VI · Governance 2 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $585 across 4 lines filed
VIII-1f All other contributions, gifts and grants$30
VIII-1h Total contributions, gifts and grants$30
VIII-3 Investment incomeExcluded from tax $555$555
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $555$585
Part IX · Statement of functional expenses $9,613 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $250$250
IX-11c Accounting feesManagement $6,681$6,681
IX-14 Information technologyPrograms $113$113
IX-24 Other expenses (24a–d)Programs $2,569$2,569
IX-25 Total functional expensesPrograms $2,932 · Management $6,681 · Fundraising $0$9,613
Part X · Balance sheet $799,396 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $397,545$388,313
X-11 Publicly traded securitiesStart of year $595,727$411,083
X-16 Total assetsStart of year $993,272$799,396
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $993,272$799,396
X-32 Total net assets or fund balancesStart of year $993,272$799,396
X-33 Total liabilities and net assetsStart of year $993,272$799,396
Part XI · Reconciliation of net assets $799,396 net assets at year end
XI-1 Total revenue$585
XI-2 Total expenses$9,613
XI-3 Revenue less expenses−$9,028
XI-4 Net assets at start of year$993,272
XI-5 Net unrealized gains (losses) on investments−$184,848
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$799,396

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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