Speak IT Forward Incorporated EIN 94-3452447 Form 990 (PDF) Claim this org

Speak IT Forward Incorporated FY2018 filing

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Uses spoken-word poetry to empower youth and adults, challenge stereotypes, and build community. For fiscal year 2018 it reported $275K in revenue, $230K in expenses, and $99K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Kalamazoo, MI
Website
www.speakitforwardinc.org
Filings
6 on file (2018–2018)
Revenue
$275KFY2018
Expenses
$230K
Net assets
$99K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  94-3452447 Public charity (501(c)(3)) Kalamazoo, MI
Form 990 (PDF)
You’re viewing the FY2018 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Uses spoken-word poetry to empower youth and adults, challenge stereotypes, and build community.
Leadership
Gabriel Giron · Executive Di · $50K
Money in and out
$275K revenue, $230K expenses
Bottom line
68% program efficiency
Where the money goes · FY2018
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$230K
Pt IX · Ln 25
Net assets
$99K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.28 Fundraising $0.04
Program efficiency
68%
of spending reaches programs
Operating runway
4.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2018 · Form 990
Revenue
$275K
FY2018
Expenses
$230K
FY2018
Total assets
$99K
FY2018
Total liabilities
$0
FY2018
Total revenue
$275K
Pt VIII · Ln 12
Total expenses
$230K
Pt IX · Ln 25
Net assets
$99K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$99K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $130K of program spending, described in the organization's own filed words · FY2018.
01

Wkkf (a Simple Question)

An animated video serving as an educational tool dealing with social justice issues. It is designed to raise awareness, challenge stereotypes, and initiate dialogue among youth and adult community members through a narrative on difference which ultimately draws people together through our common universal human condition.

$56Kprogram expense
02

The calhoun county intermediate school district is the acting educational arm of the calhoun county juvenile home (CCJH), which is another location of sif school year workshops. The CCJH program focuses on bringing the tool of expressive art into systems and institutions that do not normally have access to extracurricular classes…

$39Kprogram expense
03

Sequel Youth and Family Services

Workshop that engages individuals in self-reflection through a writing and spoken word curriculum. Opportunities for personal growth and stronger connection with society is reached by individuals.

$35Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSpeak IT Forward Incorporated
EINHdr · item D94-3452447
Principal addressHdr · item CKalamazoo, MI
WebsiteHdr · item Jwww.speakitforwardinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$50,000Pt VII · Sec A
Education Di
$50,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Presid
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2018
Gabriel Giron$81,250$50,000$50,000$50,000$48,100$50,000
Ed Griffin$50,000$50,000$50,000$50,000$18,650
Kirk Latimer$33,933$50,000

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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Statement of Revenue

Part VIII
Program service revenue$192K · 70%
Contributions & grants$83K · 30%
Program service revenue70%$192K
Contributions & grants30%$83K
Investment income$334
Total revenueLn 12$275K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.28 Fundraising $0.04
Program services68%$157K
Management & general28%$65K
Fundraising4%$9K
Total functional expensesLn 25$230K

Balance Sheet

Part X · end of year
CashLn 1$81K
Total assetsLn 16$99K
Total liabilitiesLn 26$0
Total net assetsLn 32$99K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2018 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $81K · Operating expenses/yr $230K
4.2 months
Where the money goes
Program services
Program services $157K · Total expenses $230K
68%
Management & General
Management & general $65K · Total expenses $230K
28%
Fundraising
Fundraising $9K · Total expenses $230K
4%
Cost to raise $1
Fundraising expense $9K · Solicited contributions $83K
$0.10 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $83K · Total revenue $275K
30%
Government reliance
Government grants — · Total revenue $275K
Earned-income share
Program service revenue $192K · Total revenue $275K
70%
Investment reliance
Investment income $334 · Total revenue $275K
+0.1%
Program self-sufficiency
Program service revenue $192K · Total expenses $230K
84%
Growth & trend
Revenue growth (YoY)
This year $275K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $99K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $275K · Expenses $230K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $99K
Net-asset ratio
Net assets $99K · Total assets $99K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $99K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gabriel Giron · Reported title EXECUTIVE DI · Highest reported compensation $50K · Total expenses $230K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $129K · Total expenses $230K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 28%
Fundraising cost ratio 10%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$361K revenue · ⤓ 990 PDF
FY2023$236K revenue · ⤓ 990 PDF
FY2022$199K revenue · ⤓ 990 PDF
FY2021$207K revenue · ⤓ 990 PDF
FY2020$207K revenue · ⤓ 990 PDF
FY2019not on file
FY2018$275K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2018IRS
Classification, formation year, addressIRS Business Master File
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