The Expectations Project INC FY2021 filing

Tax-deductible

Washington, DC501(c)(3)Since 2012EducationEIN 90-0787411Revenue $822K in FY2021

On file with the IRSexpectations.org611 Pennsylvania Ave Se, 20003-4303 · Washington, DCTax-exempt since Apr 2013Supporting org, Type I — 509(a)(3)

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We champion the power of faithful individuals and communities to demand excellent, inclusive education for every child in the United States. We fuel faith-based movements locally and nationally to eliminate education inequality.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$345K 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
4 of 6
filings with a surplus
Average deficit $64K a year · 9% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$345K
to officers and key staff · 54% of spending
Concern: pay to officers and key staff is 54% of spending; over 30%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $225K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$822K
+498% vs prior year
Spent
$638K
To programs
88%
Net assets
$281K
By yearFY2020–FY2025
Revenue
$822K
FY2021▲ +498%
Tap a bar for its year
Revenue by fiscal year
FY2020$137K
FY2021$822K
FY2022$1.1M
FY2023$1.5M
FY2024$105K
FY2025$597K
Expenses
$638K
FY2021▼ -24%
Tap a bar for its year
Expenses by fiscal year
FY2020$844K
FY2021$638K
FY2022$683K
FY2023$1.1M
FY2024$1.0M
FY2025$448K
Net assets
$281K
FY2021▲ +191%
Tap a bar for its year
Net assets by fiscal year
FY2020$97K
FY2021$281K
FY2022$729K
FY2023$1.2M
FY2024$268K
FY2025$418K

From the FY2021 Form 990 · 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 Apr 2013.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $558K Management & general 9% · $59K Fundraising 3% · $21K

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

6 people listed on the 990; $345K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director and President
$126,435Pt VII · Sec A
Vice President of Operations
$113,007Pt VII · Sec A
President (until August 2021)
$105,455Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Zakiya Jackson’s $118K as President and Director is at the 89th percentile of top reported officer pay among 1613 $100K–1M 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Zakiya Jackson$117,580$179,717$174,485$158,507$126,435—
Nicole Baker Fulgham————$105,455$164,193
Brian Acker Housman—$116,794$128,008$113,007$113,007$111,484
Jean C Latondresse—————$116,173

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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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

Partners with faith groups to create campaigns for low-income public schools.

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Provided by the organization

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3 programs · $558K · in their own filed words · FY2021
01

Development and Promotion of Resources

In conjunction with a group of gospel and hip-hop artists, the organization recorded and animated a series of short videos and accompanying materials to share with their fan bases information on the effects of trauma on young people and their ability to learn.

$199Kprogram expense
02

National Advocacy Campaigns

The organization launched a series of awareness campaigns using video, e-mail, letter-writing, and social media to raise awareness of education equity issues exacerbated by the pandemic and of the importance of mental health supports for students.

$193Kprogram expense
03

Supporting the Work of Teachers

The organization worked with teachers working at schools with low-income students to help them address the impact of the coronavirus on their students.

$166Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$225K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$822K
Ln 12
Gifts and grantsLn 1h$822K
Investment incomeLn 3$33
Money outPt IX
$638K
Ln 25
Programscol B$558K
Managementcol C$59K
Fundraisingcol D$21K
Owns and owesPt X
$281K
net assets · Ln 32
Cash and savingsLn 1–2$288K
Total assetsLn 16$293K
LiabilitiesLn 26$12K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$822K
Government grantsLn 1e$118K
Investment incomeLn 3$33
Total revenueLn 12$822K
Assets in detailPt X, end of year
CashLn 1$88K
SavingsLn 2$200K
Cash and savings togetherLn 1–2$288K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$285
Total assetsLn 16$293K
LiabilitiesLn 26$12K
Net assetsLn 32$281K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$114K$288K
Land, buildings, equipmentLn 10c$2K$4K
Total assetsLn 16$118K$293K
LiabilitiesLn 26$21K$12K
Net assetsLn 32$97K$281K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$242K$224K$19K
Other salaries and wagesLn 7$235K$203K$32K
Pension plan contributionsLn 8$1K$1K$156
Other employee benefitsLn 9$13K$12K$2K
Payroll taxesLn 10$40K$38K$2K
Legal feesLn 11b$939$939
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$64K$59K$3K$2K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$7K$6K$2K
Information technologyLn 14$10K$8K$2K
OccupancyLn 16$1K$1K
TravelLn 17$1K$973$294
Conferences, conventions and meetingsLn 19$320$225$95
InterestLn 20$200$200
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$956$956
Other expenses (24a–d)Ln 24$2K$2K$100$0
All other expensesLn 24e$746$746
Total functional expensesLn 25$638K$558K$59K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $597K$448K$150K$418K 990 PDF
FY2024 $105K$1.0M−$901K$268K 990 PDF
FY2023 $1.5M$1.1M$440K$1.2M 990 PDF
FY2022 $1.1M$683K$448K$729K 990 PDF
FY2021 Viewing $822K$638K$184K$281K 990 PDF
FY2020 $137K$844K−$706K$97K 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
See the full FY2021 990 (6 parts)
Part I · Summary $821,737 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $137,257$821,704
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $89$33
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $137,346$821,737
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $724,393$532,257
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $119,178$105,264
I-18 Total expensesPrior year $843,571$637,521
I-19 Revenue less expensesPrior year −$706,225$184,216
Part VI · Governance 3 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $821,737 across 5 lines filed
VIII-1e Government grants$118,295
VIII-1f All other contributions, gifts and grants$703,409
VIII-1h Total contributions, gifts and grants$821,704
VIII-3 Investment incomeExcluded from tax $33$33
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $33$821,737
Part IX · Statement of functional expenses $637,521 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $223,662 · Fundraising $18,705$242,367
IX-7 Other salaries and wagesPrograms $203,241 · Management $31,743$234,984
IX-8 Pension plan contributionsPrograms $1,289 · Management $156$1,445
IX-9 Other employee benefitsPrograms $11,801 · Management $1,568$13,369
IX-10 Payroll taxesPrograms $37,762 · Management $2,330$40,092
IX-11b Legal feesManagement $939$939
IX-11c Accounting feesManagement $10,610$10,610
IX-11g Other fees for servicesPrograms $58,781 · Management $3,178 · Fundraising $1,750$63,709
IX-12 Advertising and promotionPrograms $4,921$4,921
IX-13 Office expensesPrograms $5,613 · Management $1,543$7,156
IX-14 Information technologyPrograms $8,114 · Management $2,162$10,276
IX-16 OccupancyManagement $1,195$1,195
IX-17 TravelPrograms $973 · Fundraising $294$1,267
IX-19 Conferences, conventions and meetingsPrograms $225 · Fundraising $95$320
IX-20 InterestManagement $200$200
IX-22 Depreciation, depletion and amortizationManagement $1,336$1,336
IX-23 InsuranceManagement $956$956
IX-24 Other expenses (24a–d)Programs $1,533 · Management $100 · Fundraising $0$1,633
IX-24e All other expensesManagement $746$746
IX-25 Total functional expensesPrograms $557,915 · Management $58,762 · Fundraising $20,844$637,521
Part X · Balance sheet $293,232 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $38,139$88,138
X-2 Savings and temporary cash investmentsStart of year $75,579$200,028
X-3 Pledges and grants receivableStart of year $2,025$1,125
X-10c Land, buildings and equipment, netStart of year $2,149$3,656
X-15 Other assetsStart of year $0$285
X-16 Total assetsStart of year $117,892$293,232
X-17 Accounts payable and accrued expensesStart of year $21,191$12,315
X-26 Total liabilitiesStart of year $21,191$12,315
X-27 Net assets without donor restrictionsStart of year $96,701$280,917
X-32 Total net assets or fund balancesStart of year $96,701$280,917
X-33 Total liabilities and net assetsStart of year $117,892$293,232
Part XI · Reconciliation of net assets $280,917 net assets at year end
XI-1 Total revenue$821,737
XI-2 Total expenses$637,521
XI-3 Revenue less expenses$184,216
XI-4 Net assets at start of year$96,701
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$280,917

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

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