Civic Intelligence

Ready to Succeed

990 • Fiscal year 2021 • EIN 83-2282113

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

Organization ProfileREADYTOSUCCEEDLA.ORG
1514 17th St 205Santa Monica, CA 90404

(424) 581-6296

Siviq Scores

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

Liabilities / Assets

54th percentile

0.04x

Higher debt load relative to assets than 54% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.06x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

24th percentile

-2.4%

Higher net margin than 24% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

12th percentile

-9.4%

Faster asset growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-61%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$763,363

Down $79,635 (-9.4%) from 2020

Net Assets

Down

$735,333

Down $10,615 (-1.4%) from 2020

Liabilities

Down

$28,030

Down $69,020 (-71%) from 2020

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin24th percentile

Revenue

Down

$435,478

Down $671,478 (-61%) from 2020

Expenses

Down

$446,093

Down $270,233 (-38%) from 2020

Net Income

Down

-$10,615

Down $401,245 (-103%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2019: $374,647Liabilities 2019: $19,229Net Assets 2019: $355,4182019Assets 2020: $842,998Liabilities 2020: $97,050Net Assets 2020: $745,9482020Assets 2021: $763,363Liabilities 2021: $28,030Net Assets 2021: $735,3332021Assets 2022: $1,450,992Liabilities 2022: $262,686Net Assets 2022: $1,188,3062022Assets 2023: $3,092,875Liabilities 2023: $209,568Net Assets 2023: $2,883,3072023Assets 2024: $3,282,663Liabilities 2024: $229,753Net Assets 2024: $3,052,9102024

Highlighted filing

2021

Assets$763,363
Liabilities$28,030
Net Assets$735,333
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $607,031Expenses 2019: $251,613Net Income 2019: $355,4182019Revenue 2020: $1,106,956Expenses 2020: $716,326Net Income 2020: $390,6302020Revenue 2021: $435,478Expenses 2021: $446,093Net Income 2021: -$10,6152021Revenue 2022: $2,235,730Expenses 2022: $1,841,246Net Income 2022: $394,4842022Revenue 2023: $4,548,021Expenses 2023: $2,851,054Net Income 2023: $1,696,9672023Revenue 2024: $4,352,816Expenses 2024: $4,183,213Net Income 2024: $169,6032024

Highlighted filing

2021

Revenue$435,478
Expenses$446,093
Net Income-$10,615
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$435,478
Mission and Program Overview

Mission

Ready to succeed (rts) is a non profit empowering foster youth in college to prepare for the professional world and build pathways to employment. We do this through a unique, multi-year program that provides our rts students with personalized career advising, access to professional networks and placement in paid internships. Upon completion of our program, rts scholars have the skills, relationships and experiences they need to launch their careers and pursue their dreams.

To empower foster youth in college to graduate and launch meaningful careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$814,798$735,163▼ $79,635
Pledges and Grants Receivable$25,000$25,000→ $0
Prepaid Expenses and Deferred Charges$3,200$3,200→ $0
Total Assets$842,998$763,363▼ $79,635
Liabilities
Unsecured Notes Loans Payable$59,200--
Accounts Payable and Accrued Expenses$37,850$28,030▼ $9,820
Total Liabilities$97,050$28,030▼ $69,020
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$745,948$653,065▼ $92,883
Net Assets With Donor Restrictions-$82,268-
Total Net Assets Fund Balance$745,948$735,333▼ $10,615
Total Liabilities and Net Assets / Fund Balance$842,998$763,363▼ $79,635
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Elizabeth FriedmanChair
Todd KesslerVice-chair
Patrick MccabeCo-executive Director
Romi LassallyCo-executive Director
Alyssa LanzDirector
Emmanual BentonDirector
Fred BennettDirector
Tania SusterDirector
Thomas LeeDirector
Karen Kehela SherwoodSecretary
Robbin SteifTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$435,477
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
All Other Contributions
$376,277
Change in Net Assets
$-10,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$248,739
Other Expenses$164,449
Total Fundraising Expense$71,981
Grants and Similar Amounts Paid$32,905
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,509-$26,250$173,759
Fees for Services Other$13,500$14,750$30,252$58,502
Current Officers, Directors, Trustees, and Key Employees$33,364$9,189$9,189$51,742
Grants to Domestic Individuals$32,905--$32,905
Payroll Taxes$16,246$923$2,962$20,131
Occupancy$19,200--$19,200
Information Technology$8,373$816$1,125$10,314
Office Expenses$5,379$3,940$749$10,068
Conferences and Meetings$4,806-$410$5,216
Fees for Services Accounting-$5,166-$5,166
Other Employee Benefits$2,032$625-$2,657
Insurance$204$1,232-$1,436
Advertising$1,400--$1,400
Fees for Services Legal$348$1,042-$1,390
Travel$558$46-$604
Pension Plan Contributions$450--$450
Other Expenses$48,694$1,390$44$44
Total Functional Expenses$334,968$39,144$71,981$446,093
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
Business relationship with 35% controlled entity
No
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
No
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 8B

“No committee has the authority to act without the approval of the governing body.”

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

“Form 990 is reviewed by the co-executive directors. A copy is then furnished to all members of its governing board for final approval.”

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

“The conflict of interest policy is reviewed on a yearly basis.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are made available upon written request.”

Filing and Contact Details

Filer

Filer Name
Ready to Succeed
EIN
83-2282113
Phone
4245816296
Address
1514 17TH ST 205, SANTA MONICA, CA 90404

Signing Officer

Name
Patrick Mccabe
Title
Co-executive Director
Phone
4245816296
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Mccabe
Formed
2018
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Lopez Accounting Group
Address
3500 WEST OLIVE AVENUE SUITE 680, BURBANK, CA 91505
Preparer
Juan P Lopez CPA
Phone
8188407075
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Independent contractors: program service expenses 0. Management and general expenses 0. Fundraising expenses 2. Total expenses 2. Fundraising, grant writing consultant: program service expenses 7,500. Management and general expenses 14,750. Fundraising expenses 250. Total expenses 22,500. Marketing, brading, website consultant: program service expenses 3,500. Management and general expenses 0. Fundraising expenses 30,000. Total expenses 33,500. Program consultant: program service expenses 2,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,500.”

Raw XML AppendixShowing 400 of 417 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/BOYAmt037850
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028030
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO EMPOWER FOSTER YOUTH IN COLLEGE TO GRADUATE AND LAUNCH MEANINGFUL CAREERS.
IRS990/AdvertisingGrp/ProgramServicesAmt01400
IRS990/AdvertisingGrp/TotalAmt01400
IRS990/AllOtherContributionsAmt0376277
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0PATRICK MCCABE
IRS990/BooksInCareOfDetail/PhoneNum04245816296
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01514 17TH ST 205
IRS990/BooksInCareOfDetail/USAddress/CityNm0SANTA MONICA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090404
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0814798
IRS990/CashNonInterestBearingGrp/EOYAmt0735163
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt09189
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09189
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt033364
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt051742
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt0410
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04806
IRS990/ConferencesMeetingsGrp/TotalAmt05216
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0435477
IRS990/CYGrantsAndSimilarPaidAmt032905
IRS990/CYInvestmentIncomeAmt01
IRS990/CYOtherExpensesAmt0164449
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-10615
IRS990/CYSalariesCompEmpBnftPaidAmt0248739
IRS990/CYTotalExpensesAmt0446093
IRS990/CYTotalFundraisingExpenseAmt071981
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0435478
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc090% OF OUR SCHOLARS SECURED FULL TIME JOBS WITHIN 6 MONTHS OF GRADUATION; 92% OF OUR SCHOLARS SECURED PAID SUMMER INTERNSHIPS; 94% OF OUR SCHOLARS GRADUATED COLLEGE WITHIN 4.5 YEARS, 98% OF OUR SCHOLARS BECAME "CAREER READY" - BUILDING CORE SOFT SKILL COMPETENCIES AND 92% INCREASED THEIR SOCIAL CAPITAL AND ADDED 20+ PROFESSIONALS TO THEIR NETWORKS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt082268
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0334968
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05166
IRS990/FeesForServicesAccountingGrp/TotalAmt05166
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01042
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0348
IRS990/FeesForServicesLegalGrp/TotalAmt01390
IRS990/FeesForServicesOtherGrp/FundraisingAmt030252
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt014750
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt013500
IRS990/FeesForServicesOtherGrp/TotalAmt058502
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
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/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/PersonNm0ELIZABETH FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1TODD KESSLER
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBBIN STEIF
IRS990/Form990PartVIISectionAGrp/PersonNm3KAREN KEHELA SHERWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm4FRED BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm5ALYSSA LANZ
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS LEE
IRS990/Form990PartVIISectionAGrp/PersonNm7TANIA SUSTER
IRS990/Form990PartVIISectionAGrp/PersonNm8EMMANUAL BENTON
IRS990/Form990PartVIISectionAGrp/PersonNm9ROMI LASSALLY
IRS990/Form990PartVIISectionAGrp/PersonNm10PATRICK MCCABE
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/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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CO-EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CO-EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt059200
IRS990/GrantAmt032905
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt032905
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt032905
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0435478
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01125
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0816
IRS990/InformationTechnologyGrp/ProgramServicesAmt08373
IRS990/InformationTechnologyGrp/TotalAmt010314
IRS990/InsuranceGrp/ManagementAndGeneralAmt01232
IRS990/InsuranceGrp/ProgramServicesAmt0204
IRS990/InsuranceGrp/TotalAmt01436
IRS990/InvestmentIncomeGrp/ExclusionAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0READY TO SUCCEED (RTS) IS A NON PROFIT EMPOWERING FOSTER YOUTH IN COLLEGE TO PREPARE FOR THE PROFESSIONAL WORLD AND BUILD PATHWAYS TO EMPLOYMENT. WE DO THIS THROUGH A UNIQUE, MULTI-YEAR PROGRAM THAT PROVIDES OUR RTS STUDENTS WITH PERSONALIZED CAREER ADVISING, ACCESS TO PROFESSIONAL NETWORKS AND PLACEMENT IN PAID INTERNSHIPS. UPON COMPLETION OF OUR PROGRAM, RTS SCHOLARS HAVE THE SKILLS, RELATIONSHIPS AND EXPERIENCES THEY NEED TO LAUNCH THEIR CAREERS AND PURSUE THEIR DREAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0745948
IRS990/NetAssetsOrFundBalancesEOYAmt0735333
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0745948
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0653065
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt019200
IRS990/OccupancyGrp/TotalAmt019200
IRS990/OfficeExpensesGrp/FundraisingAmt0749
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03940
IRS990/OfficeExpensesGrp/ProgramServicesAmt05379
IRS990/OfficeExpensesGrp/TotalAmt010068
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0625
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02032
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02657
IRS990/OtherExpensesGrp/Desc0STUDENT EXPENSES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt01000
IRS990/OtherExpensesGrp/FundraisingAmt144
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11390
IRS990/OtherExpensesGrp/ProgramServicesAmt048694
IRS990/OtherExpensesGrp/TotalAmt048719
IRS990/OtherExpensesGrp/TotalAmt12390
IRS990/OtherExpensesGrp/TotalAmt244
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt026250
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0147509
IRS990/OtherSalariesAndWagesGrp/TotalAmt0173759
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02962
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0923
IRS990/PayrollTaxesGrp/ProgramServicesAmt016246
IRS990/PayrollTaxesGrp/TotalAmt020131
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0450
IRS990/PensionPlanContributionsGrp/TotalAmt0450
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03200
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03200
IRS990/PrincipalOfficerNm0PATRICK MCCABE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01106658
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt059333
IRS990/PYInvestmentIncomeAmt0298
IRS990/PYOtherExpensesAmt0207190
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0390630
IRS990/PYSalariesCompEmpBnftPaidAmt0449803
IRS990/PYTotalExpensesAmt0716326
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01106956
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-10615
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION HAD A CHANGE OF ACCOUNTING PERIOD AND IT RESULTED IN A SHORT YEAR BEGINNING JANUARY 1, 2021 AND ENDING JUNE 30, 2021. THE PUBLIC SUPPORT INFORMATION FOR THIS SHORT YEAR IS REPORTED ON PART II SECTION A COLUMN E.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0435477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01106658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0607031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02149166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01724006
IRS990ScheduleA/SubstantialContributorsTotAmt0425160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0435477
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01106658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0607031
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02149166
IRS990ScheduleA/TotalSupportAmt02149178
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
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt032905
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0BASIC NEED AND EMERGENCY GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt023
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL GRANT APPLICANTS MUST APPLY FOR GRANTS THROUGH OUR BRIDGE FUND APPLICATION AND ALSO SUBMIT A BUDGET. GRANTS ARE AWARDED TO COVER BASIC NEED AND EMERGENCY EXPENSES ALONG WITH OTHER COSTS ASSOCIATED WITH MOVING FROM COLLEGE INTO THE ADULT WORLD. THESE POST GRAD EXPENSES INCLUDE HOUSING, TRANSPORTATION, CLOTHING, FOOD AND UNFORESEEN MEDICAL COSTS. WE MONITOR THE FUNDS BY PAYING EXPENSES DIRECTLY (IE TO A LANDLORD) WHEN POSSIBLE AND DOING REGULAR CHECK INS WITH THE RECIPIENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE HAS THE AUTHORITY TO ACT WITHOUT THE APPROVAL OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE CO-EXECUTIVE DIRECTORS. A COPY IS THEN FURNISHED TO ALL MEMBERS OF ITS GOVERNING BOARD FOR FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ON A YEARLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2. TOTAL EXPENSES 2. FUNDRAISING, GRANT WRITING CONSULTANT: PROGRAM SERVICE EXPENSES 7,500. MANAGEMENT AND GENERAL EXPENSES 14,750. FUNDRAISING EXPENSES 250. TOTAL EXPENSES 22,500. MARKETING, BRADING, WEBSITE CONSULTANT: PROGRAM SERVICE EXPENSES 3,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 30,000. TOTAL EXPENSES 33,500. PROGRAM CONSULTANT: PROGRAM SERVICE EXPENSES 2,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0842998
IRS990/TotalAssetsEOYAmt0763363
IRS990/TotalAssetsGrp/BOYAmt0842998
IRS990/TotalAssetsGrp/EOYAmt0763363
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0435477
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt071981
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039144
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0334968
IRS990/TotalFunctionalExpensesGrp/TotalAmt0446093
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt097050
IRS990/TotalLiabilitiesEOYAmt028030
IRS990/TotalLiabilitiesGrp/BOYAmt097050
IRS990/TotalLiabilitiesGrp/EOYAmt028030
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0745948
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0735333
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0334968
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0435478
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0842998
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0763363
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt046
IRS990/TravelGrp/ProgramServicesAmt0558
IRS990/TravelGrp/TotalAmt0604
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt059200
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01514 17TH ST 205
IRS990/USAddress/CityNm0SANTA MONICA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090404
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0HTTPS://READYTOSUCCEEDLA.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK MCCABE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04245816296
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READY TO SUCCEED
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0832282113
ReturnHeader/Filer/PhoneNum04245816296
ReturnHeader/Filer/USAddress/AddressLine1Txt01514 17TH ST 205
ReturnHeader/Filer/USAddress/CityNm0SANTA MONICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$763,363
Liabilities
$28,030
Net assets
$735,333
Revenue
$435,478
Expenses
$446,093
Net income
-$10,615
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.23$3.05$4.35$4.18$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.21$2.88$4.55$2.85$1.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.26$1.19$2.24$1.84$0.39
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.03$0.74$0.44$0.45$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.10$0.75$1.11$0.72$0.39
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.02$0.36$0.61$0.25$0.36