Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Buck Out Foundation
990EZ • Fiscal year 2022 • EIN 83-3007398
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.66x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
54th percentile
Higher net margin than 54% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 7.1% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Up$39,989
Up $38,725 (+3064%) from 2021
Net Assets
Up$13,656
Up $12,392 (+980%) from 2021
Liabilities
Up$26,333
Up $26,333 from 2021
Revenue And Expenses
Revenue
Up$172,977
Up $128,212 (+286%) from 2021
Expenses
Up$160,585
Up $124,374 (+343%) from 2021
Net Income
Up$12,392
Up $3,838 (+45%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 5, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $172,977
Mission and Program Overview
Mission
To support individuals and communities
Support individuals and communities art
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROJECT SUPPORT GRANT FOR DANCE PROGRAMS-OUR PRECIOUS DIAMONDS,THE DIAMOND DANCERS DANCE TEAM, THE DIAMOND CO.- INSTRUCTORS, PHOTOGRAPHERS, GRAPHIC DESIGNERS,VIRTUAL ASSISTANTS | - | $52,167 |
| Other program services | - | $11,593 |
| ADC - CHUCK AND OAC GRANTPROJECT SUPPORT GRANT FOR AWAY DANCE CAMP PROGRAM | - | $9,243 |
| FEMINITY - IOBY FUNDINGPROJECT SUPPORT GRANT FOR SPRING DANCE SHOWCASE FEMINITY | - | $5,737 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LACHANEE DAVIS | President | FT | $12,251 | - | $12,251 |
Filing and Contact Details
Filer
- Filer Name
- Buck Out Foundation
- EIN
- 83-3007398
- Address
- 1315 EAST 142ND STREET, CLEVELAND, OH 44102
Signing Officer
- Name
- Lachanee Davis
- Title
- President
- Phone
- 2165336586
- Signed
- 2023-05-05
- Discuss with paid preparer
- No
Preparer
- Firm
- Simic CPA Company
- Address
- 6485 Ridge Road, Cleveland, OH 44129
- Preparer
- Michael Simic
- Phone
- 4408438680
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description amountrental income 2,143”
List of grants and similar amounts paid Part I line 10
“Activity project support grant for spring dance relationship adc - chuck and oac grant amount 9,243activity project support grant for away dance camp program relationship contractors dancing instructors amount 52,167activity project support grant for dance programs relationship feminity - ioby funding amount 5,737activity proj. Support grant for our fall dance showcase haamount 8,593”
Description of other expenses Part I line 16
“Description amountadvertising and marketing 3,373bank charges 1,248car and truck 352charitable donations 500dues and subscriptions 582insurance 400meals 6,002office supplies and software 6,752supplies and materials 7,433travel and transportation 13,832interest paid on ecdi loan 439”
Description of other assets Part II line 24
“Category beginning of year end of yearstart up assets 0 34,500”
Description of total liabilities Part II line 26
“Category beginning of year end of yearnp - eclectic events llc 0 1,314np - ecdi 0 6,801np - lending club bank loan 0 18,218”
Other program services Part III line 31
“Halftime - cac grant $8,593project support grantfor our fall dance showcase halftime the primary purpose of the buck out foundation is to utilize dance to successfully bridge the gap between northeast ohio youth and higher education at historically black colleges & universities, while increasing the awareness of obtainable dance careers.”
Raw XML Appendix148 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LACHANEE DAVIS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2165336586 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1315 EAST 142ND STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CLEVELAND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 44102 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1264 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 5489 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 40825 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 12392 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4399 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1264 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 39989 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 75740 |
| IRS990EZ/GrossReceiptsAmt | 0 | 172977 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1264 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 13656 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1264 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 13656 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 23850 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 12251 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LACHANEE DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 34500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 40913 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2143 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SUPPORT INDIVIDUALS AND COMMUNITIES ART |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2067 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 130009 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROJECT SUPPORT GRANT FOR DANCE PROGRAMS-OUR PRECIOUS DIAMONDS,THE DIAMOND DANCERS DANCE TEAM, THE DIAMOND CO.- INSTRUCTORS, PHOTOGRAPHERS, GRAPHIC DESIGNERS,VIRTUAL ASSISTANTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ADC - CHUCK AND OAC GRANTPROJECT SUPPORT GRANT FOR AWAY DANCE CAMP PROGRAM |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | FEMINITY - IOBY FUNDINGPROJECT SUPPORT GRANT FOR SPRING DANCE SHOWCASE FEMINITY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | Other program services |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 52167 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 9243 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 5737 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 11593 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 13616 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 26333 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 160585 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 78740 |
| IRS990EZ/TotalRevenueAmt | 0 | 172977 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.BUCKOUTCLEVELAND.COM |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 40825 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 27500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52920 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 121245 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 130009 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 2645 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4501 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 137155 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 2143 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 5300 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 7443 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 258400 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 170834 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 30145 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 57421 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 258400 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 172977 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 35445 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 57421 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 265843 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTRENTAL INCOME 2,143 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY PROJECT SUPPORT GRANT FOR SPRING DANCE RELATIONSHIP ADC - CHUCK AND OAC GRANT AMOUNT 9,243ACTIVITY PROJECT SUPPORT GRANT FOR AWAY DANCE CAMP PROGRAM RELATIONSHIP CONTRACTORS DANCING INSTRUCTORS AMOUNT 52,167ACTIVITY PROJECT SUPPORT GRANT FOR DANCE PROGRAMS RELATIONSHIP FEMINITY - IOBY FUNDING AMOUNT 5,737ACTIVITY PROJ. SUPPORT GRANT FOR OUR FALL DANCE SHOWCASE HAAMOUNT 8,593 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION AMOUNTADVERTISING AND MARKETING 3,373BANK CHARGES 1,248CAR AND TRUCK 352CHARITABLE DONATIONS 500DUES AND SUBSCRIPTIONS 582INSURANCE 400MEALS 6,002OFFICE SUPPLIES AND SOFTWARE 6,752SUPPLIES AND MATERIALS 7,433TRAVEL AND TRANSPORTATION 13,832INTEREST PAID ON ECDI LOAN 439 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARSTART UP ASSETS 0 34,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CATEGORY BEGINNING OF YEAR END OF YEARNP - ECLECTIC EVENTS LLC 0 1,314NP - ECDI 0 6,801NP - LENDING CLUB BANK LOAN 0 18,218 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | HALFTIME - CAC GRANT $8,593PROJECT SUPPORT GRANTFOR OUR FALL DANCE SHOWCASE HALFTIME THE PRIMARY PURPOSE OF THE BUCK OUT FOUNDATION IS TO UTILIZE DANCE TO SUCCESSFULLY BRIDGE THE GAP BETWEEN NORTHEAST OHIO YOUTH AND HIGHER EDUCATION AT HISTORICALLY BLACK COLLEGES & UNIVERSITIES, WHILE INCREASING THE AWARENESS OF OBTAINABLE DANCE CAREERS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other program services Part III line 31 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LACHANEE DAVIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2165336586 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BUCK OUT FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BUCK |
| ReturnHeader/Filer/EIN | 0 | 833007398 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1315 EAST 142ND STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CLEVELAND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 44102 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 341586401 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Simic CPA Company |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6485 Ridge Road |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Cleveland |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 44129 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4408438680 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Michael Simic |
| ReturnHeader/ReturnTs | 0 | 2023-05-18T16:20:39-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | LACHANEE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | DAVIS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $39,989
- Liabilities
- $26,333
- Net assets
- $13,656
- Revenue
- $172,977
- Expenses
- $160,585
- Net income
- $12,392