Ready By 21 Mentoring
- Assets
- $84.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deer Isle, ME
- Founding
- 07/2014
- Data as of
- 08/2023
- EIN
- 46-4144129
Organization Overview
Ready By 21 Mentoring is located in Deer Isle, ME. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ready By 21 Mentoring 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 08/2023, Ready By 21 Mentoring generated $89.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $85.8k during the year ending 08/2023. While expenses have increased by 3.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NEW MENTORS WERE INTERVIEWED AND TRAINED BETWEEN OCTOBER AND APRIL TO MATCH WITH THIS YEAR'S INCOMING JUNIOR CLASS. ALL MENTORS AND MENTEES WENT ON A COMMUNITY SERVICE TRIP TO ISLE AU HAUT TO GET ACQUAINTED AND PAY IT FORWARD. A WONDERFUL SPACE DONATED BY A LOCAL CHURCH WAS SET UP AS OUR WINTER "MENTOR CENTER" THAT WILL ALLOW FOR A SAFE PLACE FOR MENTORS AND MENTEES TO MEET ALONG WITH "FAMILY" DINNER NIGHT, CAREER WORKSHOPS AND MORE. REAL WORLD COOKING AND NUTRITION CLASSES AT THE HIGH SCHOOL CONTINUE TO ALLOW WONDERFUL INTERACTIONS WITH STUDENTS FROM ALL GRADE LEVELS AND OFFER A PLATFORM TO INTRODUCE HEALTHY EATING METHODS WHILE DEVELOPING RELATIONS THAT ALLOW FOR SOLID MENTOR/MENTEE MATCHES IN THEIR JUNIOR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brighid Doherty Secretary | 5 | $0 | |
Graham Taber Board Member | 2 | $0 | |
Eryn Klemenz Board Member | 2 | $0 | |
Jeff Olson Treasurer | 5 | $0 | |
Kyra Alex Executive Director And Chair | 25 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,827 |
| Total Program Service Revenue | $3,697 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $47 |
| Total Revenue | $89,571 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,000 |
| Professional fees and other payments to independent contractors | $7,289 |
| Occupancy, rent, utilities, and maintenance | $2,400 |
| Printing, publications, postage, and shipping | $864 |
| Other expenses | $25,239 |
| Total expenses | $85,792 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,596 |
| Other assets | $0 |
| Total assets | $84,596 |
| Total liabilities | $1,352 |
| Net assets or fund balances | $83,244 |