Coachart Org FY2022 filing

Tax-deductible

Los Angeles, CA501(c)(3)Youth DevelopmentEIN 94-3389547

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Since 2011, Coachart has matched volunteer coaches with students for one-on-one or group lessons in arts and athletics. Coachart's mission is to create a transformative arts and atheltics community for families impacted by chronic illness.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$200K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $49K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$200K
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
Cash reserves
7 mo
of spending, in cash
Looks good: 6.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $30K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$191K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
38
of 38 voting members
Looks good: 38 of 38 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
-23% vs prior year
Spent
$2.0M
To programs
70%
Net assets
$1.6M
By yearFY2020–FY2024
Revenue
$2.1M
FY2022▼ -23%
Revenue by fiscal year
FY2020$1.9M
FY2021$2.7M
FY2022$2.1M
FY2023$1.5M
FY2024$2.0M
Expenses
$2.0M
FY2022▲ +11%
Expenses by fiscal year
FY2020$1.8M
FY2021$1.8M
FY2022$2.0M
FY2023$2.1M
FY2024$2.2M
Net assets
$1.6M
FY2022▲ +2%
Net assets by fiscal year
FY2020$734K
FY2021$1.6M
FY2022$1.6M
FY2023$989K
FY2024$817K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2001.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $1.4M Management & general 16% · $334K Fundraising 13% · $275K

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

39 people listed on the 990; $200K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$200,414Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Co-Founder
$0Pt VII · Sec A
Co-Founder
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Greg Harrell-Edge’s $175K as Executive Director (until 10/2024) is at the 78th percentile of top reported officer pay among 1552 $1–10M youth development 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Greg Harrell-Edge$174,653$176,781$200,414$181,600$143,161
Molly Dirr$127,280$123,840———
Colton Alexio$106,305$101,689———

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects volunteer coaches with students for arts and athletics lessons.

Provided by the organization

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1 program service account for $1.4M of program spending, described in the organization's own filed words · FY2022.
01

Coachart Programs

Coachart's one-on-one lessons are the core of coachart's service model. Talented volunteer coaches provide high quality in-home instruction to chronically ill children and their siblings over the course of 4-8 weeks. At the end of the 4-8 week session, coachart students can renew their activity or sign up for something new.

$1.4Mprogram 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 · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$30K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Gifts and grantsLn 1h$2.2M
Money outPt IX
$2.0M
Ln 25
Programscol B$1.4M
Managementcol C$334K
Fundraisingcol D$275K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.8M
LiabilitiesLn 26$191K
PeoplePt VI, VII
39
listed · VII A
PaidVII A1
Voting boardVI 1a38
IndependentVI 1b38
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$176K
Noncash giftsLn 1g$51K
Fundraising eventsLn 1c$1.8M
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$1.0M
SavingsLn 2$119K
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$41K
Other assetsLn 15$0
Total assetsLn 16$1.8M
LiabilitiesLn 26$191K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 517
VolunteersI 6800
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 FY22End FY22
Cash and savingsLn 1–2$1.3M$1.1M
Land, buildings, equipmentLn 10c$2K$41K
Total assetsLn 16$1.9M$1.8M
LiabilitiesLn 26$330K$191K
Net assetsLn 32$1.6M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$213K$85K$107K$21K
Other salaries and wagesLn 7$898K$683K$39K$176K
Pension plan contributionsLn 8$26K$21K$731$5K
Other employee benefitsLn 9$64K$47K$6K$12K
Payroll taxesLn 10$84K$58K$11K$15K
Accounting feesLn 11c$69K$69K
Other fees for servicesLn 11g$324K$310K$9K$5K
Advertising and promotionLn 12$25K$23K$2K
Office expensesLn 13$6K$1K$4K
Information technologyLn 14$24K$20K$911$2K
OccupancyLn 16$34K$10K$21K$3K
TravelLn 17$21K$3K$8K$9K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$15K$10K$2K$3K
Other expenses (24a–d)Ln 24$221K$159K$41K$21K
All other expensesLn 24e$24K$8K$13K$3K
Total functional expensesLn 25$2.0M$1.4M$334K$275K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.0M$2.2M−$163K$817K 990 PDF
FY2023 $1.5M$2.1M−$597K$989K 990 PDF
FY2022 Viewing $2.1M$2.0M$28K$1.6M 990 PDF
FY2021 $2.7M$1.8M$847K$1.6M 990 PDF
FY2020 $1.9M$1.8M$129K$734K 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $2,076,892 across 7 lines filed
VIII-1c Fundraising events$1,829,153
VIII-1e Government grants$176,037
VIII-1f All other contributions, gifts and grants$205,111
VIII-1g Noncash contributions (included above)$50,763
VIII-1h Total contributions, gifts and grants$2,210,301
VIII-8 Net income from fundraising eventsExcluded from tax −$133,409−$133,409
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$133,409$2,076,892
Part IX · Statement of functional expenses $2,049,008 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $85,243 · Management $106,554 · Fundraising $21,311$213,108
IX-7 Other salaries and wagesPrograms $682,948 · Management $38,882 · Fundraising $176,036$897,866
IX-8 Pension plan contributionsPrograms $20,507 · Management $731 · Fundraising $5,216$26,454
IX-9 Other employee benefitsPrograms $46,687 · Management $5,909 · Fundraising $11,597$64,193
IX-10 Payroll taxesPrograms $58,321 · Management $10,594 · Fundraising $14,775$83,690
IX-11c Accounting feesManagement $68,727$68,727
IX-11g Other fees for servicesPrograms $310,208 · Management $9,479 · Fundraising $4,575$324,262
IX-12 Advertising and promotionPrograms $23,018 · Management $2,268$25,286
IX-13 Office expensesPrograms $1,457 · Management $4,301$5,758
IX-14 Information technologyPrograms $20,319 · Management $911 · Fundraising $2,308$23,538
IX-16 OccupancyPrograms $10,064 · Management $20,879 · Fundraising $3,320$34,263
IX-17 TravelPrograms $3,215 · Management $8,313 · Fundraising $9,406$20,934
IX-22 Depreciation, depletion and amortizationPrograms $1,211$1,211
IX-23 InsurancePrograms $10,341 · Management $1,866 · Fundraising $2,595$14,802
IX-24 Other expenses (24a–d)Programs $158,801 · Management $41,438 · Fundraising $20,930$221,169
IX-24e All other expensesPrograms $7,579 · Management $13,389 · Fundraising $2,779$23,747
IX-25 Total functional expensesPrograms $1,439,919 · Management $334,241 · Fundraising $274,848$2,049,008
Part X · Balance sheet $1,800,215 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,123,621$1,029,804
X-2 Savings and temporary cash investmentsStart of year $127,452$119,287
X-3 Pledges and grants receivableStart of year $364,666$388,804
X-4 Accounts receivableStart of year $268,281$169,202
X-9 Prepaid expenses and deferred chargesStart of year $13,983$52,482
X-10c Land, buildings and equipment, netStart of year $1,589$40,636
X-15 Other assetsStart of year $11,795$0
X-16 Total assetsStart of year $1,911,387$1,800,215
X-17 Accounts payable and accrued expensesStart of year $153,779$190,760
X-25 Other liabilitiesStart of year $176,037$0
X-26 Total liabilitiesStart of year $329,816$190,760
X-27 Net assets without donor restrictionsStart of year $1,216,905$1,115,651
X-28 Net assets with donor restrictionsStart of year $364,666$493,804
X-32 Total net assets or fund balancesStart of year $1,581,571$1,609,455
X-33 Total liabilities and net assetsStart of year $1,911,387$1,800,215
Part XI · Reconciliation of net assets $1,609,455 net assets at year end
XI-1 Total revenue$2,076,892
XI-2 Total expenses$2,049,008
XI-3 Revenue less expenses$27,884
XI-4 Net assets at start of year$1,581,571
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,609,455

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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