Civic Intelligence

A Better Chance Inc.

990 • Fiscal year 2015 • EIN 23-7173492

Sep 01, 2014 to Aug 31, 2015 • Filed on Mar 16, 2016

Organization ProfileWWW.ABETTERCHANCE.ORG

View Organization Page

253 W 35th Street 6th FloorNew York, NY 10001

(646) 346-1310

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.17x

Higher debt load relative to assets than 43% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.93x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

6th percentile

-43%

Higher net margin than 6% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

72nd percentile

$250,666

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

9th percentile

-9.6%

Faster asset growth than 9% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Down

$15,772,743

Down $1,674,804 (-9.6%) from 2014

Net Assets

Down

$13,123,148

Down $2,229,782 (-15%) from 2014

Liabilities

Up

$2,649,595

Up $554,978 (+26%) from 2014

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin6th percentile

Revenue

Down

$2,859,224

Down $2,342,375 (-45%) from 2014

Expenses

Down

$4,101,583

Down $100,401 (-2.4%) from 2014

Net Income

Down

-$1,242,359

Down $2,241,974 (-224%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2013: $15,962,382Liabilities 2013: $2,559,031Net Assets 2013: $13,403,3512013Assets 2014: $17,447,547Liabilities 2014: $2,094,617Net Assets 2014: $15,352,9302014Assets 2015: $15,772,743Liabilities 2015: $2,649,595Net Assets 2015: $13,123,1482015Assets 2017: $13,572,226Liabilities 2017: $2,067,026Net Assets 2017: $11,505,2002017Assets 2018: $11,797,820Liabilities 2018: $2,340,278Net Assets 2018: $9,457,5422018Assets 2019: $12,684,460Liabilities 2019: $3,273,553Net Assets 2019: $9,410,9072019Assets 2020: $14,248,883Liabilities 2020: $3,327,942Net Assets 2020: $10,920,9412020Assets 2021: $16,472,167Liabilities 2021: $3,110,878Net Assets 2021: $13,361,2892021Assets 2022: $17,353,052Liabilities 2022: $5,587,028Net Assets 2022: $11,766,0242022Assets 2023: $16,739,776Liabilities 2023: $5,744,904Net Assets 2023: $10,994,8722023Assets 2024: $18,230,196Liabilities 2024: $9,007,389Net Assets 2024: $9,222,8072024

Highlighted filing

2015

Assets$15,772,743
Liabilities$2,649,595
Net Assets$13,123,148
Open 2015 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2013: $4,127,6252013Revenue 2014: $5,201,599Expenses 2014: $4,201,984Net Income 2014: $999,6152014Revenue 2015: $2,859,224Expenses 2015: $4,101,583Net Income 2015: -$1,242,3592015Revenue 2017: $4,395,087Expenses 2017: $4,470,862Net Income 2017: -$75,7752017Revenue 2018: $3,791,237Expenses 2018: $4,350,199Net Income 2018: -$558,9622018Revenue 2019: $3,658,243Expenses 2019: $4,986,248Net Income 2019: -$1,328,0052019Revenue 2020: $5,220,359Expenses 2020: $3,985,821Net Income 2020: $1,234,5382020Revenue 2021: $6,340,111Expenses 2021: $4,087,658Net Income 2021: $2,252,4532021Revenue 2022: $5,417,712Expenses 2022: $4,984,438Net Income 2022: $433,2742022Revenue 2023: $3,925,306Expenses 2023: $5,542,974Net Income 2023: -$1,617,6682023Revenue 2024: $3,888,973Expenses 2024: $5,720,777Net Income 2024: -$1,831,8042024

Highlighted filing

2015

Revenue$2,859,224
Expenses$4,101,583
Net Income-$1,242,359
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Mar 16, 2016
Return Version
2014v6.0
Gross Receipts
$4,422,683
Mission and Program Overview

Mission

To increase the number of well-educated young people of color capable of assuming responsible and leadership roles in american society.

A better chance has been opening the door to greater educational opportunities since 1963.a better chance is the oldest and only national organization of its kind changing the life trajectory for academically talented youth of color via access to rigorous and prestigious educational opportunities for students in grades 6-12. Our mission is to increase substantially the number of well-educated young people of color who are capable of assuming positions of responsibility and leadership in american society. We carry out our mission through our signature college preparatory schools program ("cpsp"), which annually recruits, refers and supports about 500 scholars at more than 300 member schools in 27 states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$13,337,394$12,215,884▼ $1,121,510
Pledges and Grants Receivable$2,841,783$2,382,429▼ $459,354
Land, Buildings, and Equipment, Net$80,861$72,120▼ $8,741
Prepaid Expenses and Deferred Charges$31,568$45,258▲ $13,690
Savings and Temporary Cash Investments$37,585$15,958▼ $21,627
Total Assets$17,447,547$15,772,743▼ $1,674,804
Other Assets Total$1,118,356$1,041,094▼ $77,262
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,649,000$2,224,000▲ $575,000
Accounts Payable and Accrued Expenses$265,690$226,201▼ $39,489
Deferred Revenue$179,927$199,394▲ $19,467
Total Liabilities$2,094,617$2,649,595▲ $554,978
Net Assets / Fund Balance
Permanently Rstr Net Assets$12,208,312$12,133,550▼ $74,762
Temporarily Rstr Net Assets$5,126,088$3,570,695▼ $1,555,393
Unrestricted Net Assets$-1,981,470$-2,581,097▼ $599,627
Total Net Assets Fund Balance$15,352,930$13,123,148▼ $2,229,782
Total Liabilities and Net Assets / Fund Balance$17,447,547$15,772,743▼ $1,674,804

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$47,692$11,713$59,405
Leasehold Improvements$24,428$24,097$48,525
Other Assets Org$1,041,094--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$12,754,575$2,500▼ $534,628$600,000$11,622,447
2013$13,112,925$7,500▲ $213,150$579,000$12,754,575
2012$13,092,291$200,000▲ $662,086$841,452$13,112,925
2011$12,618,108$379,519▲ $761,935$667,271$13,092,291
2010$11,773,455-▲ $916,587$71,934$12,618,108
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ms Sandra E TimmonsPresidentFT$207,734$42,932$250,666
Ms Nicole Bouknight-johnsonDirector of DevelopmentFT$125,556$12,499$138,055
Ms Tahira WestDirector of Finance & AdminFT$99,153$8,724$107,877

Board Members and Trustees

NameTitle
Mr Ronald R PressmanChairperson
Mr Arturo SidaDirector
Mr Dmitri StocktonDirector
Mr Gregory T DurantDirector
Mr Kurt Van WagenenDirector
Mr Peter Allan AtkinsDirector
Mr a Louis ParkerDirector
Ms Carla a HarrisDirector
Ms Ellanor BrizendineDirector
Ms Jillian E JosephDirector
Ms Rhonda TrotterDirector
Ms Susan ChapmanDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Community Counseling Service Co LLC-PO BOX 824885, Philadelphia, PA 19182$135,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,011,204
Program Service Revenue
$214,055
Investment Income
$627,428
Other Revenue
$6,537
All Other Contributions
$1,216,902
Change in Net Assets
$-1,242,359

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$110,077
Total Noncash Contributions1$110,077

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,781,317
Revenue Not Reported on Financial Statements
$77,907
Revenue Not Reported on Form 990
$-803,830
Total Revenue per Audited Statements
$1,977,487
Total Revenue per Form 990
$2,859,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,158,826
Other Expenses$1,850,979
Total Fundraising Expense$938,604
Professional Fundraising Fees$50,290
Grants and Similar Amounts Paid$41,488

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,010,151$24,475$183,211$1,217,837
Current Officers, Directors, Trustees, and Key Employees$285,848$137,916$191,295$615,059
Travel$504,765$12,759$20,914$538,438
Fees for Services Other$210,191-$252,904$463,095
Occupancy$252,098$32,586$62,287$346,971
Payroll Taxes$112,707$13,288$31,263$157,258
Office Expenses$55,106$20,384$72,109$147,599
Other Employee Benefits$88,400$5,475$18,022$111,897
Fees for Service Investment Mgmnt Fees-$77,907-$77,907
Pension Plan Contributions$43,178$3,390$10,207$56,775
Fees for Services Professional Fundraising--$50,290$50,290
Grants to Domestic Individuals$41,488--$41,488
Interest$16,302$15,989$4,466$36,757
Fees for Services Accounting-$34,001-$34,001
Insurance$14,980$9,997$4,178$29,155
Depreciation Depletion$17,014$539$1,155$18,708
Fees for Services Legal-$11,700-$11,700
Other Expenses$9,413$1,273$771$11,457
All Other Expenses$5,639$556$2,489$8,684
Total Functional Expenses$2,739,327$423,652$938,604$4,101,583

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,207,269
Total Expenses per Form 990$4,101,583
Expenses per Audited Statements$4,023,676
Expenses Not Reported on Form 990$183,593
Expenses Not Reported on Financial Statements$77,907
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$77,647
Fundraising Gross Income$77,647
Professional Fundraising Fees$50,290

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$871,949$77,647-$77,647
Total Events$871,949$77,647$77,647$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The form 990 will be reviewed by management and then be sent to members of the finance committee. The finance committee will be given a minimum of one week to review and comment on the form 990. The return will be sent to all board members. Board members will be given a minimum of one week to review and comment before the form 990 is filed.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy form is required to be signed every year by the board and senior management.”

Form 990, Part VI, Section B, Line 15A

“The annual performance review is an important part of the employee development process. It serves the following purposes: to align supervisor and employee expectations to assess performance against mutually agreed-upon goals and objectives to establish an action plan that will allow for professional development all full-time employees currently on the a better chance staff who have completed at least three full months of employment are reviewed annually at the end of the fiscal year to assess the work perfomance during that year. The board of directors review and approve the compensation to the president.”

Form 990, Part VI, Section C, Line 19

“The financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
A Better Chance Inc
EIN
23-7173492
Phone
6463461310
Address
253 W 35TH STREET 6TH FLOOR, NEW YORK, NY 10001

Signing Officer

Name
Sandra E Timmons
Title
President
Phone
6463461310
Signed
2016-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra E Timmons
Formed
1971
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
12
Employees
42
Volunteers
412

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Robert Lyons CPA
Phone
2125038800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional services: program service expenses 210,191. Management and general expenses 0. Fundraising expenses 252,904. Total expenses 463,095.”

FORM 990, PART XI, LINE 9:

“Change in value of beneficial interest in perpetual trust -77,262.”

FORM 990, PART XI LINE 2C:

“The process of overseeing the audit and selection of independent accountant has not been changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“The intended uses of the organization's endowment funds are for operational purposes.”

PART X, LINE 2:

“The organization believes it has no uncertain tax positions as of august 31, 2015 and 2014, in accordance with accounting standards codification ("asc") topic 740, which provides standards for establishing and classifying any tax provisions for uncertain tax positions. The organization believes that it is no longer subject to federal or state and local income tax examinations by tax authorities for years ended before august 31, 2012.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in value of beneficial interest in perpetual trust -77,262.”

Raw XML AppendixShowing 400 of 721 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0A BETTER CHANCE HAS BEEN OPENING THE DOOR TO GREATER EDUCATIONAL OPPORTUNITIES SINCE 1963.A BETTER CHANCE IS THE OLDEST AND ONLY NATIONAL ORGANIZATION OF ITS KIND CHANGING THE LIFE TRAJECTORY FOR ACADEMICALLY TALENTED YOUTH OF COLOR VIA ACCESS TO RIGOROUS AND PRESTIGIOUS EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN GRADES 6-12. OUR MISSION IS TO INCREASE SUBSTANTIALLY THE NUMBER OF WELL-EDUCATED YOUNG PEOPLE OF COLOR WHO ARE CAPABLE OF ASSUMING POSITIONS OF RESPONSIBILITY AND LEADERSHIP IN AMERICAN SOCIETY. WE CARRY OUT OUR MISSION THROUGH OUR SIGNATURE COLLEGE PREPARATORY SCHOOLS PROGRAM ("CPSP"), WHICH ANNUALLY RECRUITS, REFERS AND SUPPORTS ABOUT 500 SCHOLARS AT MORE THAN 300 MEMBER SCHOOLS IN 27 STATES.
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IRS990/Desc0IN FISCAL YEAR 2015, A BETTER CHANCE RECEIVED 1996 APPLICATIONS, 597 ACCEPTANCES, AND 444 PLACEMENTS. THE ORGANIZATION INTERVIEWED 892 CANDIDATES AND HOSTED 6 SCHOOL FAIRS IN LOS ANGELES, OAKLAND, ATLANTA, PHILADELPHIA, WASHINGTON DC, AND NEW YORK AT WHICH OVER 800 STUDENTS AND 100 MEMBER SCHOOLS PARTICIPATED. OUR APPLICANTS RECEIVED FEE WAIVERS VALUED AT MORE THAN $119,000. THE ORGANIZATION ALSO LED MORE THAN 15 REFERRAL NIGHTS, FINISHING STRONG, AND FINANCIAL AID WORKSHOPS WHICH ARE USED TO HELP APPLICANTS AND FAMILIES NAVIGATE AND UNDERSTAND THE PROCESS BETTER.
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IRS990/Form990PartVIISectionAGrp/PersonNm12MS JILLIAN E JOSEPH
IRS990/Form990PartVIISectionAGrp/PersonNm13MS TAHIRA WEST
IRS990/Form990PartVIISectionAGrp/PersonNm14MS NICOLE BOUKNIGHT-JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0232734
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1399153
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14125556
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIR. OF FINANCE & ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF DEVELOPMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0794302
IRS990/FundraisingDirectExpensesAmt077647
IRS990/FundraisingGrossIncomeAmt077647
IRS990/GainOrLossGrp/SecuritiesAmt0365453
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt041488
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt041488
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt041488
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01851265
IRS990/GrossReceiptsAmt04422683
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt04178
IRS990/InsuranceGrp/ManagementAndGeneralAmt09997
IRS990/InsuranceGrp/ProgramServicesAmt014980
IRS990/InsuranceGrp/TotalAmt029155
IRS990/InterestGrp/FundraisingAmt04466
IRS990/InterestGrp/ManagementAndGeneralAmt015989
IRS990/InterestGrp/ProgramServicesAmt016302
IRS990/InterestGrp/TotalAmt036757
IRS990/InvestmentIncomeGrp/ExclusionAmt0261975
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0261975
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt013337394
IRS990/InvestmentsPubTradedSecGrp/EOYAmt012215884
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt035810
IRS990/LandBldgEquipBasisNetGrp/BOYAmt080861
IRS990/LandBldgEquipBasisNetGrp/EOYAmt072120
IRS990/LandBldgEquipCostOrOtherBssAmt0107930
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01485812
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO INCREASE SUBSTANTIALLY THE NUMBER OF WELL-EDUCATED YOUNG PEOPLE OF COLOR WHO ARE CAPABLE OF ASSUMING POSITIONS OF RESPONSIBILITY AND LEADERSHIP IN AMERICAN SOCIETY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01649000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02224000
IRS990/NetAssetsOrFundBalancesBOYAmt015352930
IRS990/NetAssetsOrFundBalancesEOYAmt013123148
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0365453
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0365453
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-910161
IRS990/NoncashContributionsAmt0110077
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt062287
IRS990/OccupancyGrp/ManagementAndGeneralAmt032586
IRS990/OccupancyGrp/ProgramServicesAmt0252098
IRS990/OccupancyGrp/TotalAmt0346971
IRS990/OfficeExpensesGrp/FundraisingAmt072109
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020384
IRS990/OfficeExpensesGrp/ProgramServicesAmt055106
IRS990/OfficeExpensesGrp/TotalAmt0147599
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01118356
IRS990/OtherAssetsTotalGrp/EOYAmt01041094
IRS990/OtherChangesInNetAssetsAmt0-77262
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt018022
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05475
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt088400
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0111897
IRS990/OtherExpensesGrp/Desc0EQUIPMENT PURCHASES
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTION AND DUES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3STAFF TRAINING AND DEV.
IRS990/OtherExpensesGrp/FundraisingAmt012518
IRS990/OtherExpensesGrp/FundraisingAmt120154
IRS990/OtherExpensesGrp/FundraisingAmt2371
IRS990/OtherExpensesGrp/FundraisingAmt3771
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06363
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12736
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31273
IRS990/OtherExpensesGrp/ProgramServicesAmt038128
IRS990/OtherExpensesGrp/ProgramServicesAmt114126
IRS990/OtherExpensesGrp/ProgramServicesAmt219793
IRS990/OtherExpensesGrp/ProgramServicesAmt39413
IRS990/OtherExpensesGrp/TotalAmt057009
IRS990/OtherExpensesGrp/TotalAmt137016
IRS990/OtherExpensesGrp/TotalAmt232482
IRS990/OtherExpensesGrp/TotalAmt311457
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0183211
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024475
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01010151
IRS990/OtherSalariesAndWagesGrp/TotalAmt01217837
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt031263
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013288
IRS990/PayrollTaxesGrp/ProgramServicesAmt0112707
IRS990/PayrollTaxesGrp/TotalAmt0157258
IRS990/PensionPlanContributionsGrp/FundraisingAmt010207
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03390
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt043178
IRS990/PensionPlanContributionsGrp/TotalAmt056775
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt012208312
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt012133550
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02841783
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02382429
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031568
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045258
IRS990/PrincipalOfficerNm0SANDRA E TIMMONS
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0140025
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt174030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0140025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt174030
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04179989
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt074900
IRS990/PYInvestmentIncomeAmt0751614
IRS990/PYOtherExpensesAmt01991881
IRS990/PYOtherRevenueAmt06281
IRS990/PYProgramServiceRevenueAmt0263715
IRS990/PYRevenuesLessExpensesAmt0999615
IRS990/PYSalariesCompEmpBnftPaidAmt02078811
IRS990/PYTotalExpensesAmt04201984
IRS990/PYTotalProfFndrsngExpnsAmt056392
IRS990/PYTotalRevenueAmt05201599
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1242359
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0214055
IRS990/RoyaltiesRevenueGrp/ExclusionAmt06537
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt06537
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037585
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02011204
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04179989
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05408780
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02174235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02589493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016363701
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0268512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0284110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0306283
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0280528
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0287290
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01426723
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02124541
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01102
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01102
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86160
IRS990ScheduleA/PublicSupportPY170Pct00.87330
IRS990ScheduleA/PublicSupportTotal170Amt015329633
IRS990ScheduleA/SubstantialContributorsTotAmt01034068
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02011204
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04179989
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05408780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02174235
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02589493
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016363701

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,772,743
Liabilities
$2,649,595
Net assets
$13,123,148
Revenue
$2,859,224
Expenses
$4,101,583
Net income
-$1,242,359
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.2$9.01$9.22$3.89$5.72$1.83
2023Detailed filing. Detailed filing data is available for this year.$16.7$5.74$11.0$3.93$5.54$1.62
2022Detailed filing. Detailed filing data is available for this year.$17.4$5.59$11.8$5.42$4.98$0.43
2021Detailed filing. Detailed filing data is available for this year.$16.5$3.11$13.4$6.34$4.09$2.25
2020Detailed filing. Detailed filing data is available for this year.$14.2$3.33$10.9$5.22$3.99$1.23
2019Detailed filing. Detailed filing data is available for this year.$12.7$3.27$9.41$3.66$4.99$1.33
2018Detailed filing. Detailed filing data is available for this year.$11.8$2.34$9.46$3.79$4.35$0.56
2017Detailed filing. Detailed filing data is available for this year.$13.6$2.07$11.5$4.40$4.47$0.08
2015Detailed filing. Detailed filing data is available for this year.$15.8$2.65$13.1$2.86$4.10$1.24
2014Detailed filing. Detailed filing data is available for this year.$17.4$2.09$15.4$5.20$4.20$1.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$2.56$13.4$4.13