Together We Can Foundation
- Assets
- $126.7k
- Revenue
- $369.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Virginia Beach, VA
- Founding
- 11/2008
- Data as of
- 06/2023
- EIN
- 26-3015863
Organization Overview
Together We Can Foundation is located in Virginia Beach, VA. The organization was established in 2008. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 06/2023, Together We Can Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Together We Can Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Together We Can Foundation generated $369.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $474.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATE MORE POSITIVE OUTCOMES FOR AT-RISK YOUTH AGING INTO ADULT LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HAVE SERVED A TOTAL OF 1419 YOUTH THROUGH OUR SUCCESS SKILLS PROGRAMS. 92% OF OUR YOUTH EITHER EARNED A HIGH SCHOOL DIPLOMA OR ARE ON TRACK TO EARN A HIGH SCHOOL DIPLOMA OR G.E.D. 64% OF YOUTH WHO COMPLETED OUR PROGRAM ARE ON TRACK TO PURSUE A POST-SECONDARY DEGREE OR VOCATIONAL TRAINING CERTIFICATION. 78% OF OUR YOUTH HAVE HELD A PAYING JOB OR ARE CURRENTLY EMPLOYED. IN ADDITION, WE REACHED JUST OVER 6,000 YOUTH INDIRECTLY THROUGH DISTRIBUTION OF YOUTH GUIDES AND MATERIALS AND STAFF TRAINING FOR COLLABORATING AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Curtis Chair | OfficerTrustee | 3 | $0 |
Jennifer Duffy Vice Chair | OfficerTrustee | 3 | $0 |
Donna S Morris Secretary/tr | OfficerTrustee | 3 | $0 |
William R Brown Director | Trustee | 2 | $0 |
Barbara Brinson Director | Trustee | 2 | $0 |
Melissa Goodrich Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,108 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $265,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $367,284 |
| Total Program Service Revenue | $0 |
| Investment income | $1,943 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $369,227 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,270 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $260,660 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,484 |
| Payroll taxes | $32,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $72,824 |
| Information technology | $18,302 |
| Royalties | $0 |
| Occupancy | $16,424 |
| Travel | $10,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,396 |
| All other expenses | $0 |
| Total functional expenses | $474,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,091 |
| Savings and temporary cash investments | $52,177 |
| Pledges and grants receivable | $57,384 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $126,652 |
| Accounts payable and accrued expenses | $13,704 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,704 |
| Net assets without donor restrictions | $56,014 |
| Net assets with donor restrictions | $56,934 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $126,652 |