Yx Gives

Tax-deductible

Cordova, TN501(c)(3)Since 2021Foundations & GrantmakersEIN 86-2652520

To inspire a spirit of generous giving and provide a platform to DO so within transnetyx, especially in relation to under-represented people locally, nationally and globally, with emphasis in the scientific community.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$12K 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

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
1 of 2
years in the black
Pt I · Ln 19 · 2 filings
How much reaches the programs?
92%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$12K
to officers and key staff · 5% of spending
Pt VII · Sec A
Do they have reserves?
<1 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $43K
Funders’ Sch. I, 990-PF
Do they carry debt?
$0
liabilities
Pt X · Ln 26
Who oversees it?
4
independent of 4 voting board members
Pt VI · Ln 1a–1b
Revenue
$216K
-23% vs prior year
Spent
$239K
To programs
92%
Net assets
$11K
By yearFY2021–FY2025
Revenue
$216K
FY2025▼ -23%
Revenue by fiscal year
FY2021$133K
FY2022$199K
FY2023$163K
FY2024$281K
FY2025$216K
Expenses
$239K
FY2025▼ -5%
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$252K
FY2025$239K
Net assets
$11K
FY2025▼ -67%
Net assets by fiscal year
FY2021$29K
FY2022$40K
FY2023$5K
FY2024$34K
FY2025$11K

From the FY2025 Form 990 · see the original

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?
Yes — filed FY2025
Legal name (IRS)Hdr · item CYx Gives
EINHdr · item D86-2652520
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2024
Year of formationHdr · item L2021
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CCordova, TN
NTEE classificationIRS BMFFoundations & Grantmakers (T30)

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 $0.92 Management & general $0.08
Program services92%$218K
Management & general8%$20K
Total functional expensesLn 25$239K

Financial health

Is it on solid ground?

Program efficiency
92%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate▼ -62% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▼ -204% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$11K
FY2025▼ -67%
Total assets by fiscal year
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$34K
FY2025$11K
Total liabilities
$0
FY2025
Total liabilities by fiscal year
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19−$23K
Total assetsPt X · Ln 16$11K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$11K
Total assetsLn 16$11K
Total liabilitiesLn 26$0
Total net assetsLn 32$11K
Months of cash on handcomputed0.6

Statement of Revenue

Part VIII
Contributions & grants100%$216K
Total revenueLn 12$216K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11K · Operating expenses/yr $239K
0.6 months
Where the money goes
Program services
Program services $218K · Total expenses $239K
92%
Management & General
Management & general $20K · Total expenses $239K
8%
Fundraising
Fundraising $0 · Total expenses $239K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $248K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $216K · Total revenue $216K
100%
Government reliance
Government grants — · Total revenue $216K
—
Earned-income share
Program service revenue $0 · Total revenue $216K
0%
Investment reliance
Investment income $0 · Total revenue $216K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $239K
0%
Growth & trend
Revenue growth (YoY)
This year $216K · Prior year $281K
-23%
Revenue CAGR
FY2021 $133K · FY2025 $216K
+13%
Net-asset trend (YoY)
End of year $11K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $216K · Expenses $239K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $11K
—
Net-asset ratio
Net assets $11K · Total assets $11K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $11K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carol Garrett · Reported title VICE PRESIDE · Highest reported compensation $12K · Total expenses $239K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $12K · Total expenses $239K
5%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 8%——
Revenue growth -23%——

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
Vice Preside
$12,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Carol Garrett’s $12K as Vice Preside is at the 11th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking 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

NameFY2025FY2024
Carol Garrett$12,000$10,000
Suzanne Welshans—$2,500

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
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Inspires generous giving and provides a platform to support under-represented people, especially in science.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $218K of program spending, described in the organization's own filed words · FY2025.
01

Fundraising for underrepresented people locally, nationally and globally, with emphasis in the scientific community.

$218Kprogram 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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$43K
Grants paid · 9 grants · $247K · 2024–2025
Hoskin's GrantFY2025$13,562
Unitemized GrantFY2025$10,445
Cordova High School FblaFY2025$7,500
Spreading SunshineFY2025$5,799
Socioeconomic Development TrustFY2024$137,058
Grants Below 5000FY2024$45,702
Rutgers the State University of NeFY2024$10,000
University of PennslyvaniaFY2024$10,000
Cordova High School FblaFY2024$7,000

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $216K$239K-23% 990 PDF
FY2024 $281K$252K+72% 990 PDF
FY2023 $163K—-18% 990 PDF
FY2022 $199K—+49% 990 PDF
FY2021 $133K— 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) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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