Civic Intelligence

Early Risers Foundation Inc.

990EZ • Fiscal year 2023 • EIN 27-2520916

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

PO Box 2817Waycross, GA 31502

(865) 363-5464

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

41st percentile

-0.3%

Higher net margin than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

39th percentile

-4.7%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

63%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$7,540

Down $372 (-4.7%) from 2022

Net Assets

Down

$7,540

Down $372 (-4.7%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$111,079

Up $42,752 (+63%) from 2022

Expenses

Up

$111,451

Up $43,505 (+64%) from 2022

Net Income

Down

-$372

Down $753 (-198%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2017: $6,790Net Assets 2017: $6,7902017Assets 2018: $964Net Assets 2018: $9642018Assets 2019: $197Net Assets 2019: $1972019Assets 2020: $5,251Net Assets 2020: $5,2512020Assets 2021: $7,531Net Assets 2021: $7,5312021Assets 2022: $7,912Net Assets 2022: $7,9122022Assets 2023: $7,540Net Assets 2023: $7,5402023

Highlighted filing

2023

Assets$7,540
Liabilities-
Net Assets$7,540

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $74,959Expenses 2017: $70,549Net Income 2017: $4,4102017Revenue 2018: $69,858Expenses 2018: $75,685Net Income 2018: -$5,8272018Revenue 2019: $22,915Expenses 2019: $23,681Net Income 2019: -$7662019Revenue 2020: $46,500Expenses 2020: $41,447Net Income 2020: $5,0532020Revenue 2021: $63,470Expenses 2021: $61,190Net Income 2021: $2,2802021Revenue 2022: $68,327Expenses 2022: $67,946Net Income 2022: $3812022Revenue 2023: $111,079Expenses 2023: $111,451Net Income 2023: -$3722023

Highlighted filing

2023

Revenue$111,079
Expenses$111,451
Net Income-$372
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$111,079
Mission and Program Overview

Mission

Assist teenagers and young adults with educational and spritual needs.

Early risers foundation, inc. Exists as a nfp 501c3 organization operating as a grass roots youth adolescent and young adult mentoring, education, scholarship, and leadership development organization. The organization fulfills its vision and mission by offering mentoring opportunities and leadership education in the form of workshops, lectures, and one on one mentoring. The organization also provides sponsorship, scholarship donations, and philanthropic grants for qualified individuals and small businesses meeting the requirements set forth by our leadership.

Program Services

DescriptionGrantsExpenses
1. EARLY RISERS UNDERGRADUATE AND GRADUATE SCHOLARSHIPS, POST GRADUATION STIPENDS, AND FINANCIAL ASSISTANCE FOR QUALIFIED STUDENTS AND POST GRADUATES TRANSITIONING TO EMPLOYMENT SELECTED STUDENTS RECEIVED THOUSANDS OF DOLLARS IN SCHOLARSHIP FOR ACADEMIC AND LEADERSHIP SUCCESS. CONSIDERABLE GRANTS AND SCHOLARSHIPS AWARDED TO SEVERAL QUALIFIED CANDIDATES NEARING 100,000 IN TOTAL AWARDS. 2. BEAUTY PAGEANT SPONSORED AND CONDUCTED LOCAL BEAUTY PAGEANT FOR AREA YOUTH WITH HUNDREDS OF DOLLARS WITH OF PRIZES AND SCHOLARSHIP AWARDED. THE FOUNDATION CONTINUED SPONSORSHIP AND SUPPORT OF STUDENTS AND YOUNG WOMEN SEEKING EXPOSURE THROUGH PAGEANTS. SEVERAL THOUSANDS WENT IN SUPPORT OF: -MISS LOUISIANA USA 3RD RUNNER UP -MISS CRESCENT CITY USA WINNER -SEVERAL OTHER PROMISING YOUNG WOMEN OF COLOR USING PAGEANTRY AS AN OPPORTUNITY TO DEVELOP LEADERSHIP AND GAIN EXPOSURE. 3. SPONSORSHIP OF SEVERAL SELECTED COLLEGE STUDENTS DEMONSTRATING FINANCIAL HARDSHIP DURING ACADEMIC YEAR EARLY RISERS CONTINUES TO DO THIS ON A CONSISTENT BASIS AS THE FOUNDATIONAL CORNERSTONE OF OUR 501C3 ORGANIZATION. WE HAVE SUCCESSFULLY ASSISTED SEVERAL STUDENTS NOT ONLY WITH TUITION, BOOKS, AND MATERIALS BUT COMPUTERS, LIVING EXPENSES, AND ASSISTANCE THROUGH FINANCIAL HARDSHIPS. 4. SPONSORSHIP AND MENTORING OF MINORITY OWNED BUSINESSES WITHIN THE COMMUNITY WE CONTINUE TO SUPPORT THE EFFORTS OF MINORITY OWNED BUSINESSES IN THE AREA AWARDING SEVERAL SMALL BUSINESS ASSISTANCE GRANTS TO HELP THROUGH THE START UP PHASE PF QUALIFIED OWNER APPLICANTS. 5. SEVERAL PHILANTHROPIC GRANTS TO QUALIFIED INDIVIDUALS AND SMALL BUSINESSES NEEDING FINANCIAL ASSISTANCE EARLY RISERS WILL EXPAND ITS FOCUS IN THE FUTURE ON THE DEVELOPMENT OF SMALL MINORITY BUSINESSES WITHIN THE AREA. OUR GOAL IS TO FUND START UPS, INCREASE AWARENESS OF THE SBA AND THE OPPORTUNITIES THAT EXISTS FOR SMALL MINORITY BUSINESSES. WE WILL ALSO SPONSOR THE IMPLEMENTATION OF THE MINORITY BUSINESS ACCELERATOR PROGRAM IN AN EFFORT TO OFFER EDUCATION AND TRAINING TO MINORITY SMALL BUSINESS OWNERS ON BUSINESS STRUCTURE AND FINANCING.$26,076$88,683
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEITH JOHNSONCEO-$0--
LADONNA JOHNSONExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Early Risers Foundation Inc
EIN
27-2520916
Phone
8653635464
Address
PO BOX 2817, WAYCROSS, GA 31502

Signing Officer

Name
Keith Johnson
Title
CEO
Phone
8653635464
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
The Accounting Lab Group LLC
Address
2631A NW 41 ST, GAINESVILLE, FL 32606-6628
Preparer
Greg Dorris CPA
Phone
3524433532
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 26,076

Form 990-ez, Part I, Line 16

Expenses promotion 457 sponsorship 282 office expense 6,243 travel 16,951 insurance 616 auto expense 1,584 bank service charges 259 beauty supplies 6,305 coaching 4,515 computer expense 102 continuing education 325 contributions 1,972 development expense 4,054 health & wellness 5,897 laundry & uniforms 98 meals & entertainment 4,234 medical & dental 28 other expense 3,320 pageant expense 12,617 postage and delivery 199 rent 5,000 repairs and maintenance 331 software 27 telephone 600 uniforms & laundry 154 utilities 462 total 76,632

Form 990-ez, Part III

Early risers foundation, inc. Exists as a nfp 501c3 organization operating as a grass roots youth adolescent and young adult mentoring, education, scholarship, and leadership development organization. The organization fulfills its vision and mission by offering mentoring opportunities and leadership education in the form of workshops, lectures, and one on one mentoring. The organization also provides sponsorship, scholarship donations, and philanthropic grants for qualified individuals and small businesses meeting the requirements set forth by our leadership.

Form 990-ez, Part III, Line 28

1. Early risers undergraduate and graduate scholarships, post graduation stipends, and financial assistance for qualified students and post graduates transitioning to employment selected students received thousands of dollars in scholarship for academic and leadership success. Considerable grants and scholarships awarded to several qualified candidates nearing 100,000 in total awards. 2. Beauty pageant sponsored and conducted local beauty pageant for area youth with hundreds of dollars with of prizes and scholarship awarded. The foundation continued sponsorship and support of students and young women seeking exposure through pageants. Several thousands went in support of: -miss louisiana usa 3rd runner up -miss crescent city usa winner -several other promising young women of color using pageantry as an opportunity to develop leadership and gain exposure. 3. Sponsorship of several selected college students demonstrating financial hardship during academic year early risers continues to do this on a consistent basis as the foundational cornerstone of our 501c3 organization. We have successfully assisted several students not only with tuition, books, and materials but computers, living expenses, and assistance through financial hardships. 4. Sponsorship and mentoring of minority owned businesses within the community we continue to support the efforts of minority owned businesses in the area awarding several small business assistance grants to help through the start up phase pf qualified owner applicants. 5. Several philanthropic grants to qualified individuals and small businesses needing financial assistance early risers will expand its focus in the future on the development of small minority businesses within the area. Our goal is to fund start ups, increase awareness of the sba and the opportunities that exists for small minority businesses. We will also sponsor the implementation of the minority business accelerator program in an effort to offer education and training to minority small business owners on business structure and financing.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 26,076
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES PROMOTION 457 SPONSORSHIP 282 OFFICE EXPENSE 6,243 TRAVEL 16,951 INSURANCE 616 AUTO EXPENSE 1,584 BANK SERVICE CHARGES 259 BEAUTY SUPPLIES 6,305 COACHING 4,515 COMPUTER EXPENSE 102 CONTINUING EDUCATION 325 CONTRIBUTIONS 1,972 DEVELOPMENT EXPENSE 4,054 HEALTH & WELLNESS 5,897 LAUNDRY & UNIFORMS 98 MEALS & ENTERTAINMENT 4,234 MEDICAL & DENTAL 28 OTHER EXPENSE 3,320 PAGEANT EXPENSE 12,617 POSTAGE AND DELIVERY 199 RENT 5,000 REPAIRS AND MAINTENANCE 331 SOFTWARE 27 TELEPHONE 600 UNIFORMS & LAUNDRY 154 UTILITIES 462 TOTAL 76,632
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EARLY RISERS FOUNDATION, INC. EXISTS AS A NFP 501C3 ORGANIZATION OPERATING AS A GRASS ROOTS YOUTH ADOLESCENT AND YOUNG ADULT MENTORING, EDUCATION, SCHOLARSHIP, AND LEADERSHIP DEVELOPMENT ORGANIZATION. THE ORGANIZATION FULFILLS ITS VISION AND MISSION BY OFFERING MENTORING OPPORTUNITIES AND LEADERSHIP EDUCATION IN THE FORM OF WORKSHOPS, LECTURES, AND ONE ON ONE MENTORING. THE ORGANIZATION ALSO PROVIDES SPONSORSHIP, SCHOLARSHIP DONATIONS, AND PHILANTHROPIC GRANTS FOR QUALIFIED INDIVIDUALS AND SMALL BUSINESSES MEETING THE REQUIREMENTS SET FORTH BY OUR LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31. EARLY RISERS UNDERGRADUATE AND GRADUATE SCHOLARSHIPS, POST GRADUATION STIPENDS, AND FINANCIAL ASSISTANCE FOR QUALIFIED STUDENTS AND POST GRADUATES TRANSITIONING TO EMPLOYMENT SELECTED STUDENTS RECEIVED THOUSANDS OF DOLLARS IN SCHOLARSHIP FOR ACADEMIC AND LEADERSHIP SUCCESS. CONSIDERABLE GRANTS AND SCHOLARSHIPS AWARDED TO SEVERAL QUALIFIED CANDIDATES NEARING 100,000 IN TOTAL AWARDS. 2. BEAUTY PAGEANT SPONSORED AND CONDUCTED LOCAL BEAUTY PAGEANT FOR AREA YOUTH WITH HUNDREDS OF DOLLARS WITH OF PRIZES AND SCHOLARSHIP AWARDED. THE FOUNDATION CONTINUED SPONSORSHIP AND SUPPORT OF STUDENTS AND YOUNG WOMEN SEEKING EXPOSURE THROUGH PAGEANTS. SEVERAL THOUSANDS WENT IN SUPPORT OF: -MISS LOUISIANA USA 3RD RUNNER UP -MISS CRESCENT CITY USA WINNER -SEVERAL OTHER PROMISING YOUNG WOMEN OF COLOR USING PAGEANTRY AS AN OPPORTUNITY TO DEVELOP LEADERSHIP AND GAIN EXPOSURE. 3. SPONSORSHIP OF SEVERAL SELECTED COLLEGE STUDENTS DEMONSTRATING FINANCIAL HARDSHIP DURING ACADEMIC YEAR EARLY RISERS CONTINUES TO DO THIS ON A CONSISTENT BASIS AS THE FOUNDATIONAL CORNERSTONE OF OUR 501C3 ORGANIZATION. WE HAVE SUCCESSFULLY ASSISTED SEVERAL STUDENTS NOT ONLY WITH TUITION, BOOKS, AND MATERIALS BUT COMPUTERS, LIVING EXPENSES, AND ASSISTANCE THROUGH FINANCIAL HARDSHIPS. 4. SPONSORSHIP AND MENTORING OF MINORITY OWNED BUSINESSES WITHIN THE COMMUNITY WE CONTINUE TO SUPPORT THE EFFORTS OF MINORITY OWNED BUSINESSES IN THE AREA AWARDING SEVERAL SMALL BUSINESS ASSISTANCE GRANTS TO HELP THROUGH THE START UP PHASE PF QUALIFIED OWNER APPLICANTS. 5. SEVERAL PHILANTHROPIC GRANTS TO QUALIFIED INDIVIDUALS AND SMALL BUSINESSES NEEDING FINANCIAL ASSISTANCE EARLY RISERS WILL EXPAND ITS FOCUS IN THE FUTURE ON THE DEVELOPMENT OF SMALL MINORITY BUSINESSES WITHIN THE AREA. OUR GOAL IS TO FUND START UPS, INCREASE AWARENESS OF THE SBA AND THE OPPORTUNITIES THAT EXISTS FOR SMALL MINORITY BUSINESSES. WE WILL ALSO SPONSOR THE IMPLEMENTATION OF THE MINORITY BUSINESS ACCELERATOR PROGRAM IN AN EFFORT TO OFFER EDUCATION AND TRAINING TO MINORITY SMALL BUSINESS OWNERS ON BUSINESS STRUCTURE AND FINANCING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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