Springboard To Opportunities is located in Jackson, MS. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Springboard To Opportunities employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springboard To Opportunities 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 12/2021, Springboard To Opportunities generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.2% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 31.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT FAMILIES LIVING IN AFFORDABLE HOUSING WITH RESOURCES TO HELP THEIR SCHOOL, WORK & LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATING NEW NARRATIVES:IN 2021, THE ORGANIZATION SET A GOAL TO CHANGE THE HARMFUL NARRATIVES THAT SURROUND LOW-INCOME FAMILIES, AND PARTICULARLY BLACK WOMEN, BY CHANGING THE NARRATOR. THIS PAST YEAR, THE ORGANIZATION OFFERED MORE OPPORTUNITIES THAN EVER FOR FAMILIES TO SHARE THEIR OWN STORIES. 14 MOTHERS SHARED THEIR STORIES AS FRONT & CENTER COLUMNS IN PARTNERSHIP WITH MS. MAGAZINE, 5 RESIDENTS PROVIDED VIDEO STORIES THROUGH THE ORGANIZATION'S NEW DIGITAL STORYTELLING SERIES, AND 3 WOMEN PARTICIPATED IN THE FIRST STORYTELLING NIGHT FEATURING MELISSA HARRIS-PERRY.THROUGHOUT THE YEAR, THE VOICES OF MOTHERS WERE FEATURED IN POLICY BRIEFS, NEWS ARTICLES, AND WHITE PAPERS WITH NBC, NPR, PBS, CNBC, THE NEW REPUBLIC, NEXTCITY, THE 19TH, THE ASPEN INSTITUTE, THE INSIGHT CENTER, AND OTHERS SHARING THEIR EXPERIENCE WITH GUARANTEED INCOME, THE CHILD TAX CREDIT, AND ACCESSING SOCIAL SAFETY NET BENEFITS.THE MAGNOLIA MOTHER'S TRUST:THE SECOND COHORT OF THE MAGNOLIA MOTHER'S TRUST, THE ORGANIZATION'S GUARANTEED INCOME PROGRAM PROVIDING $1,000/MONTH FOR 12 MONTHS TO BLACK MOTHERS, WRAPPED UP IN MARCH 2021. THIS COHORT INCLUDED 110 MOTHERS AND OVER THE COURSE OF 12 MONTHS...- THE ABILITY OF MOTHERS TO PAY ALL THEIR BILLS ON TIME INCREASED FROM 27% TO 83%.- THE PERCENTAGE OF MOTHERS WHO HAD MONEY SAVED FOR EMERGENCIES INCREASED FROM 40% TO 88%.- MOTHERS REPORTED AN INCREASE FROM 64% TO 81% IN THEIR ABILITY TO HAVE ENOUGH MONEY FOR FOOD. BUT BEYOND THE NUMBERS WERE INCREDIBLE STORIES OF HOPE, EMPOWERMENT, AND AGENCY. SPRINGBOARD TO OPPORTUNITIES' FULL EVALUATION REPORT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. A THIRD COHORT OF 100 MOTHERS BEGAN IN APRIL 2021 AND RAN THROUGH MARCH 2022.RESPONDING IN CRISIS:- PROVIDED 114 COVID-19 VACCINES AT ON-SITE CLINICS- DISTRIBUTED 2,126 VACCINE EDUCATION MATERIALS- DELIVERED 6,290 MEALS AND 646 CASES OF WATER DURING THE JACKSON WATER CRISIS IN EARLY 2021- GAVE OUT 1,166 BACKPACKS AND SCHOOL SUPPLY SETS TO STUDENTS RETURNING TO IN-PERSON LEARNINGBUILDING ECONOMIC JUSTICE:- $1,075,00 OF UNRESTRICTED CASH WAS DISBURSED DIRECTLY TO RESIDENTS.- 180 NEW 529 SAVINGS ACCOUNTS WERE OPENDED AND SEEDED BY THE ORGANIZATION.- 1,537 INSTANCES OF CHILD TAX CREDIT OUTREACH TO FAMILIES INCLUDING SUPPRT SIGNING UP IN THE NON-FILER PORTAL, CORRECTING MYTHS AND MISINFORMATION, AND TROUBLESHOOTING ISSUES WITH RECEIVING PAYMENTS.OTHER ACCOMPLISHMENTS:- 4,930 PARTICIPANTS IN THE SPRINGBOARD TO OPPORTUNITIES PROGRAMMING- 6,419 INSTANCES OF STAFF SUPPORTING RESIDENTS WITH HOUSING STABILITY- 1,133 ITEMS DISTRIBUTED TO RESIDENTS FROM COMMUNITY CARE CLOSETS- 12,363 MEALS OR FOOD BOXES DISTRIBUTED TO RESIDENTS IN COMMUNITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aisha Nyandoro Executive Director | Officer | 40 | $114,558 |
Carter Smith Treasurer | OfficerTrustee | 1 | $0 |
Marjorie Sims Chairperson | OfficerTrustee | 1 | $0 |
Kelly Butler Co-Chairperson | OfficerTrustee | 1 | $0 |
Darren Isom Director | Trustee | 1 | $0 |
Carol Wishcamper Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $89,900 |
All other contributions, gifts, grants, and similar amounts not included above | $5,682,094 |
Noncash contributions included in lines 1a–1f | $615,259 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,771,994 |
Total Program Service Revenue | $602,905 |
Investment income | $7,373 |
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 | $6,383,247 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $114,558 |
Compensation of current officers, directors, key employees. | $5,980 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $362,638 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $70,040 |
Payroll taxes | $43,314 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $40,154 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $254,877 |
Advertising and promotion | $3,915 |
Office expenses | $10,478 |
Information technology | $15,368 |
Royalties | $0 |
Occupancy | $29,599 |
Travel | $3,828 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $165 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,535 |
Insurance | $5,680 |
All other expenses | $0 |
Total functional expenses | $2,701,893 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,726,825 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $705,647 |
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 | $2,500 |
Net Land, buildings, and equipment | $21,880 |
Investments—publicly traded securities | $5,787 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,150 |
Total assets | $6,463,789 |
Accounts payable and accrued expenses | $12,164 |
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 | $12,164 |
Net assets without donor restrictions | $2,510,007 |
Net assets with donor restrictions | $3,941,618 |
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 | $6,463,789 |
Over the last fiscal year, we have identified 17 grants that Springboard To Opportunities has recieved totaling $1,499,738.
Awarding Organization | Amount |
---|---|
Rudolf Steiner Foundation Inc San Francisco, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $330,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $254,500 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Human Services | $160,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $134,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 78410 ENABLING BLACK WOMEN CAREGIVERS TO CREATE A | $125,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 78410 ENABLING BLACK WOMEN CAREGIVERS TO CREATE A | $125,000 |
Organization Name | Assets | Revenue |
---|---|---|
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |
Total Community Action Inc New Orleans, LA | $98,605,042 | $21,062,110 |
Catholic Charities Of Tennessee Inc Nashville, TN | $6,708,389 | $19,282,106 |
Hinds County Human Resource Agency Jackson, MS | $2,640,686 | $19,218,444 |
Community Service Programs Of West Alabama Inc Tuscaloosa, AL | $11,169,657 | $19,088,639 |
Arkansas Early Learning Inc Jonesboro, AR | $12,519,715 | $17,680,686 |
Southeast Tennessee Human Resource Agency Dunlap, TN | $24,351,699 | $17,068,562 |
Community Services Office Of Hot Springs And Garland County Arkansa Hot Springs, AR | $3,711,408 | $16,980,162 |
Mid-Cumberland Community Action Agency Inc Mount Juliet, TN | $5,482,077 | $16,120,135 |
Quad-Area Community Action Agency Inc Hammond, LA | $5,152,022 | $15,819,906 |
Kingsley House Inc New Orleans, LA | $16,073,292 | $14,602,358 |
Ascension Depaul Services New Orleans, LA | $24,961,878 | $14,067,117 |