Civic Intelligence

Soledad O'Brien & Brad Raymond Foundation Inc

990 • Fiscal year 2016 • EIN 45-2440475

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 31, 2017

Organization ProfileWWW.POWHERFUL.ORG
134 West 26th Street No 1150New York, NY 10001

(646) 759-8148

Siviq Scores

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

Liabilities / Assets

98th percentile

2.90x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.12x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Net Margin

17th percentile

-11%

Higher net margin than 17% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$125,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2016 filings • NTEE B • $500k-$1M nonprofits • Source year 2016

Asset Growth

1st percentile

-79%

Faster asset growth than 1% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

63%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$31,898

Down $117,083 (-79%) from 2015

Net Assets

Down

-$60,520

Down $84,120 (-356%) from 2015

Liabilities

Down

$92,418

Down $32,963 (-26%) from 2015

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin17th percentile

Revenue

Up

$767,891

Up $297,343 (+63%) from 2015

Expenses

Down

$852,011

Down $164,218 (-16%) from 2015

Net Income

Up

-$84,120

Up $461,561 (+85%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$600K$400K$200K$0-$200KAssets 2011: $225,721Liabilities 2011: $165,000Net Assets 2011: $60,7212011Assets 2012: $118,748Liabilities 2012: $10,000Net Assets 2012: $108,7482012Assets 2013: $280,322Liabilities 2013: $10,000Net Assets 2013: $270,3222013Assets 2014: $579,281Liabilities 2014: $10,000Net Assets 2014: $569,2812014Assets 2015: $148,981Liabilities 2015: $125,381Net Assets 2015: $23,6002015Assets 2016: $31,898Liabilities 2016: $92,418Net Assets 2016: -$60,5202016Assets 2017: $67,439Liabilities 2017: $12,876Net Assets 2017: $54,5632017Assets 2018: $121,667Liabilities 2018: $20,975Net Assets 2018: $100,6922018Assets 2019: $54,707Liabilities 2019: $20,578Net Assets 2019: $34,1292019Assets 2020: $204,555Liabilities 2020: $7,708Net Assets 2020: $196,8472020Assets 2021: $290,521Liabilities 2021: $9,900Net Assets 2021: $280,6212021Assets 2022: $349,167Liabilities 2022: $12,029Net Assets 2022: $337,1382022Assets 2023: $378,480Liabilities 2023: $9,424Net Assets 2023: $369,0562023Assets 2024: $334,163Liabilities 2024: $5,656Net Assets 2024: $328,5072024

Highlighted filing

2016

Assets$31,898
Liabilities$92,418
Net Assets-$60,520
Open 2016 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $381,957Expenses 2011: $321,236Net Income 2011: $60,7212011Revenue 2012: $410,140Expenses 2012: $362,113Net Income 2012: $48,0272012Revenue 2013: $785,548Expenses 2013: $623,974Net Income 2013: $161,5742013Revenue 2014: $1,180,219Expenses 2014: $881,260Net Income 2014: $298,9592014Revenue 2015: $470,548Expenses 2015: $1,016,229Net Income 2015: -$545,6812015Revenue 2016: $767,891Expenses 2016: $852,011Net Income 2016: -$84,1202016Revenue 2017: $853,033Expenses 2017: $737,950Net Income 2017: $115,0832017Revenue 2018: $616,213Expenses 2018: $570,084Net Income 2018: $46,1292018Revenue 2019: $419,427Expenses 2019: $485,990Net Income 2019: -$66,5632019Revenue 2020: $250,146Expenses 2020: $87,428Net Income 2020: $162,7182020Revenue 2021: $180,173Expenses 2021: $96,399Net Income 2021: $83,7742021Revenue 2022: $122,045Expenses 2022: $65,528Net Income 2022: $56,5172022Revenue 2023: $173,543Expenses 2023: $141,625Net Income 2023: $31,9182023Revenue 2024: $57,400Expenses 2024: $97,949Net Income 2024: -$40,5492024

Highlighted filing

2016

Revenue$767,891
Expenses$852,011
Net Income-$84,120
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 31, 2017
Return Version
2016v3.0
Gross Receipts
$925,209
Mission and Program Overview

Mission

The mission of the foundation is to get young women to and through college. The organization provides financial assistance, mentorship and wraparound serives to help scholars to achieve their hightest potential.

The mission of the foundation is to get young women to, and through, college. We provide financial assistance, mentorship, and wraparound services to help our scholars achieve their highest potentials.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$25,228--
Cash and Non-Interest-Bearing Accounts$80,700$21,592▼ $59,108
Pledges and Grants Receivable$25,000$4,000▼ $21,000
Total Assets$148,981$31,898▼ $117,083
Other Assets Total$18,053$6,306▼ $11,747
Liabilities
Accounts Payable and Accrued Expenses$105,381$92,418▼ $12,963
Deferred Revenue$20,000--
Total Liabilities$125,381$92,418▼ $32,963
Net Assets / Fund Balance
Unrestricted Net Assets$23,600$-60,520▼ $84,120
Total Net Assets Fund Balance$23,600$-60,520▼ $84,120
Total Liabilities and Net Assets / Fund Balance$148,981$31,898▼ $117,083

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$6,306--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michelle GittlenExecutive DirectorFT$125,000$125,000

Board Members and Trustees

NameTitle
Deborah PondDirector
Jay KriegelDirector
Keith ReinhardDirector
Pamela Ravare BrowneDirector
Pharrell WilliamsDirector
Prashanthi Rao RamanDirector
Sandra RichardsDirector
Sonny KalsiDirector
Steve PerryDirector
SOLEDAD O'BRIENFounder
Kim BondySecretary
Brad RaymondTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$767,891
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$726,989
Change in Net Assets
$-84,120

Audited Revenue Reconciliation

Revenue per Audited Statements
$767,891
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$767,891
Total Revenue per Form 990
$767,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$453,822
Grants and Similar Amounts Paid$329,849
Total Fundraising Expense$97,539
Salaries, Compensation, and Employee Benefits$68,340
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$329,849--$329,849
Fees for Services Management$55,686$55,686$70,309$181,681
Other Salaries and Wages$40,559$9,308$9,308$59,175
Fees for Services Accounting-$39,481-$39,481
Office Expenses-$23,955-$23,955
Other Expenses$183,117-$16,480$16,480
Payroll Taxes$6,281$1,442$1,442$9,165
Travel-$3,944-$3,944
Fees for Services Other-$2,749-$2,749
Insurance-$2,415-$2,415
Total Functional Expenses$615,492$138,980$97,539$852,011

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$852,011
Total Expenses per Audited Statements$852,011
Total Expenses per Form 990$852,011
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$157,318
Fundraising Gross Income$157,318
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$198,220$157,318$101,705$55,613
Total Events$198,220$157,318$157,318$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
Backup withholding compliance
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 A, Line 2

“Brad raymond (treasurer) and soledad o'brien (director) have a family relationship”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the finance committee. It is also provided to the entire board before filing.”

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

“The foundation monitors and enforces compliance with the conflict of interest policy annually.”

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

“The compensation of the executive director is approved by the board when the year's budget is approved.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
SOLEDAD O'BRIEN & BRAD RAYMOND
EIN
45-2440475
Phone
6467598148
Address
134 WEST 26TH STREET NO 1150, NEW YORK, NY 10001
Doing Business As
Powherful Foundation

Signing Officer

Name
Kim Bondy
Title
Interim Executive Director
Phone
6467598148
Signed
2017-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Bondy
Formed
2011
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
20

Preparer

Firm
Buchbinder Tunick & Co Llp
Address
ONE PENN PLAZA - SUITE 3500, NEW YORK, NY 10119-3601
Preparer
Jeff Cronin CPA
Phone
2126955003
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from income taxes under section 501(c)(3) of the internal revenue code (the "code".) the foundation is classified as a public charity as described in section 170(b)(1)(a)(vi) of the code and not as a private foundation. The foundation qualifies for the maximum charitable contribution deductions for donors as permitted by the code. As of december 31, 2016, no amounts have been recognized for uncertain tax positions. The foundation's tax returns for 2013 and forward are subject to the usual review by the appropriate authorities.”

Raw XML AppendixShowing 400 of 441 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0105381
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt092418
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF THE FOUNDATION IS TO GET YOUNG WOMEN TO, AND THROUGH, COLLEGE. WE PROVIDE FINANCIAL ASSISTANCE, MENTORSHIP, AND WRAPAROUND SERVICES TO HELP OUR SCHOLARS ACHIEVE THEIR HIGHEST POTENTIALS.
IRS990/AllOtherContributionsAmt0726989
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SOLEDAD O'BRIEN
IRS990/BooksInCareOfDetail/PhoneNum06467598148
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0134 WEST 26TH STREET - SUITE 1150
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010001
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt080700
IRS990/CashNonInterestBearingGrp/EOYAmt021592
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt040902
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0767891
IRS990/CYGrantsAndSimilarPaidAmt0329849
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0453822
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-84120
IRS990/CYSalariesCompEmpBnftPaidAmt068340
IRS990/CYTotalExpensesAmt0852011
IRS990/CYTotalFundraisingExpenseAmt097539
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0767891
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt020000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0DIRECT SUPPORT FOR 19 SCHOLARS FOR THEIR TUITION TO COLLEGE AND EDUCATION RELATED EXPENSES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0POWHERFUL FOUNDATION
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0329849
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt039481
IRS990/FeesForServicesAccountingGrp/TotalAmt039481
IRS990/FeesForServicesManagementGrp/FundraisingAmt070309
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt055686
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt055686
IRS990/FeesForServicesManagementGrp/TotalAmt0181681
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02749
IRS990/FeesForServicesOtherGrp/TotalAmt02749
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0SOLEDAD O'BRIEN
IRS990/Form990PartVIISectionAGrp/PersonNm1BRAD RAYMOND
IRS990/Form990PartVIISectionAGrp/PersonNm2KIM BONDY
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVE PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm4JAY KRIEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm5KEITH REINHARD
IRS990/Form990PartVIISectionAGrp/PersonNm6SANDRA RICHARDS
IRS990/Form990PartVIISectionAGrp/PersonNm7PHARRELL WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm8SONNY KALSI
IRS990/Form990PartVIISectionAGrp/PersonNm9DEBORAH POND
IRS990/Form990PartVIISectionAGrp/PersonNm10PAMELA RAVARE BROWNE
IRS990/Form990PartVIISectionAGrp/PersonNm11PRASHANTHI RAO RAMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHELLE GITTLEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt12125000
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/TitleTxt0FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt040902
IRS990/FundraisingDirectExpensesAmt0157318
IRS990/FundraisingGrossIncomeAmt0157318
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0329849
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0329849
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0329849
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0925209
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02415
IRS990/InsuranceGrp/TotalAmt02415
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE FOUNDATION IS TO GET YOUNG WOMEN TO, AND THROUGH, COLLEGE. WE PROVIDE FINANCIAL ASSISTANCE, MENTORSHIP, AND WRAPAROUND SERVICES TO HELP OUR SCHOLARS ACHIEVE THEIR HIGHEST POTENTIALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt023600
IRS990/NetAssetsOrFundBalancesEOYAmt0-60520
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023955
IRS990/OfficeExpensesGrp/TotalAmt023955
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018053
IRS990/OtherAssetsTotalGrp/EOYAmt06306
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONFERENCES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt016480
IRS990/OtherExpensesGrp/ProgramServicesAmt0183117
IRS990/OtherExpensesGrp/TotalAmt0183117
IRS990/OtherExpensesGrp/TotalAmt116480
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09308
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09308
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040559
IRS990/OtherSalariesAndWagesGrp/TotalAmt059175
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01442
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01442
IRS990/PayrollTaxesGrp/ProgramServicesAmt06281
IRS990/PayrollTaxesGrp/TotalAmt09165
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025228
IRS990/PrincipalOfficerNm0KIM BONDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMIT SERIES: THE SUMMITS ARE DAY-LONG CONFERENCES FOR HIGH SCHOOL - AND COLLEGE-AGED YOUNG WOMEN. SUMMITS TAKE PLACE IN MAJOR CITIES ACROSS THE COUNTRY AND INCLUDE MODERATED PANELS AROUND STEM, HEALTH, COLLEGE READINESS, WORKFORCE DEVELOPMENT, PERSONAL BRANDING, FINANCIAL LITERACY, AND MORE. PROGRAM MANAGEMENT: RECRUIT ATTENDEES THROUGH CBOS, OVERSEE REGISTRATION, GATHER PANELISTS, SPEAKERS, AND VOLUNTEERS, CREATE CONTENT, DEVELOP SCHEDULE, WORK WITH SPONSORS, PRODUCTION (A/V, WRITTEN MATERIALS, RUN OF SHOW, SCRIPT, GIFT ITEMS).
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0285643
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0470548
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0439760
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0424320
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-545681
IRS990/PYSalariesCompEmpBnftPaidAmt0152149
IRS990/PYTotalExpensesAmt01016229
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0470548
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-84120
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0767891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0470548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01180219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0855258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0523657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03797573
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt015406
IRS990ScheduleA/OtherIncome170Grp/TotalAmt015406
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74590
IRS990ScheduleA/PublicSupportTotal170Amt02844133
IRS990ScheduleA/SubstantialContributorsTotAmt0953440
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0767891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0470548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01180219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0855258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0523657
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03797573
IRS990ScheduleA/TotalSupportAmt03812979
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0852011
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06306
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER RECEIVABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0767891
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE".) THE FOUNDATION IS CLASSIFIED AS A PUBLIC CHARITY AS DESCRIBED IN SECTION 170(B)(1)(A)(VI) OF THE CODE AND NOT AS A PRIVATE FOUNDATION. THE FOUNDATION QUALIFIES FOR THE MAXIMUM CHARITABLE CONTRIBUTION DEDUCTIONS FOR DONORS AS PERMITTED BY THE CODE. AS OF DECEMBER 31, 2016, NO AMOUNTS HAVE BEEN RECOGNIZED FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION'S TAX RETURNS FOR 2013 AND FORWARD ARE SUBJECT TO THE USUAL REVIEW BY THE APPROPRIATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06306
IRS990ScheduleD/TotalExpensesPerForm990Amt0852011
IRS990ScheduleD/TotalRevenuePerForm990Amt0767891
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0767891
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0852011
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt040902
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt040902
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0157318
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt08573
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt08573
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0198220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0198220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0157318
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0157318
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0101705
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0101705
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt047040
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt047040
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0329849
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS AND GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt019
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION SUPPORTS THE UNMET FINANCIAL NEEDS OF SCHOLARS (SCHOOL AND LIVING EXPENSES.) THE FOUNDATION'S BOARD APPROVES SCHOLARS TO RECEIVE THIS SUPPORT WITHIN BUDGET.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I - LINE 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRAD RAYMOND (TREASURER) AND SOLEDAD O'BRIEN (DIRECTOR) HAVE A FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE. IT IS ALSO PROVIDED TO THE ENTIRE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD WHEN THE YEAR'S BUDGET IS APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0148981
IRS990/TotalAssetsEOYAmt031898
IRS990/TotalAssetsGrp/BOYAmt0148981
IRS990/TotalAssetsGrp/EOYAmt031898
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0767891
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt097539
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0138980
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0615492
IRS990/TotalFunctionalExpensesGrp/TotalAmt0852011
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0125381
IRS990/TotalLiabilitiesEOYAmt092418
IRS990/TotalLiabilitiesGrp/BOYAmt0125381
IRS990/TotalLiabilitiesGrp/EOYAmt092418
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023600
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-60520
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0615492
IRS990/TotalReportableCompFromOrgAmt0125000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0767891
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0148981
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031898
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03944
IRS990/TravelGrp/TotalAmt03944
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt023600
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-60520
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0134 WEST 26TH STREET NO 1150
IRS990/USAddress/CityNm0NEW YORK

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,898
Liabilities
$92,418
Net assets
-$60,520
Revenue
$767,891
Expenses
$852,011
Net income
-$84,120
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.01$0.33$0.06$0.10$0.04
2023Summary only. Only limited summary data is available for this year.$0.38$0.01$0.37$0.17$0.14$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.01$0.34$0.12$0.07$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.01$0.28$0.18$0.10$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.01$0.20$0.25$0.09$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.02$0.03$0.42$0.49$0.07
2018Summary only. Only limited summary data is available for this year.$0.12$0.02$0.10$0.62$0.57$0.05
2017Summary only. Only limited summary data is available for this year.$0.07$0.01$0.05$0.85$0.74$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.09$0.06$0.77$0.85$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.13$0.02$0.47$1.02$0.55
2014Summary only. Only limited summary data is available for this year.$0.58$0.01$0.57$1.18$0.88$0.30
2013Summary only. Only limited summary data is available for this year.$0.28$0.01$0.27$0.79$0.62$0.16
2012Summary only. Only limited summary data is available for this year.$0.12$0.01$0.11$0.41$0.36$0.05
2011Summary only. Only limited summary data is available for this year.$0.23$0.17$0.06$0.38$0.32$0.06