Yes We Must Coalition
- Assets
- $403.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Berlin, MA
- Founding
- 07/1988
- Data as of
- 06/2022
- EIN
- 54-1439744
Organization Overview
Yes We Must Coalition is located in Berlin, MA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Yes We Must Coalition employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yes We Must Coalition 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 06/2022, Yes We Must Coalition generated $66.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $315.4k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE YES WE MUST COALITION STRIVES TO INCREASE DEGREE ATTAINMENT OF LOW-INCOME STUDENTS BY PROMOTING THE WORK OF SMALL, INDEPENDENT, NOT-FOR-PROFIT COLLEGES AND UNIVERSITIES COMMITTED TO THIS PURPOSE.
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP SUPPORT IS THE PRIMARY MISSION OF YES WE MUST COALITION AND INCLUDES RESEARCH AND DATA COLLECTION, DISSEMINATION OF LITERATURE AND BEST PRACTICES VIA THE WEBSITE, WEBINARS,A NEWSLETTER AND THE ANNUAL MEETING.
COLLABORATIVE PROJECTS ARE PROJECTS IN WHICH YES WE MUST COALITION WORKS WITH A DEFINED GROUP OF MEMBER SCHOOLS ON A SPECIFIC GOAL. THE ORGANIZATION TYPICALLY RECEIVES A GRANT TO FUND THIS TYPE OF PROJECT. THE CURRENT PROJECT IS FUNDED BY THE TEAGLE FOUNDATION AND SUPPORTS THE INPLEMENTATION OF THE INFUSION OF LIBERAL ARTS EDUCATION INTO BUSINESS PROGRAMS.
OTHER PROJECTS INCLUDES THE ADVOCACY WORK OF THE COALITION, INVOLVEMENT IN THE VALUES COMMISSION AND CONSULTING PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Gloria Nemerowicz President | 30 | $140,192 | |
Dr Andrew Sund Treasurer | 0 | $0 | |
Dr Bassam M Deeb Director | 0 | $0 | |
Dr Marcia Hawkins Director | 0 | $0 | |
Dr Roslyn Clark Artis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,003 |
| Total Program Service Revenue | $15,196 |
| Membership dues | $38,586 |
| Investment income | $962 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,747 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $229,807 |
| Professional fees and other payments to independent contractors | $42,336 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $146 |
| Other expenses | $43,119 |
| Total expenses | $315,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $398,492 |
| Other assets | $0 |
| Total assets | $403,583 |
| Total liabilities | $51,022 |
| Net assets or fund balances | $352,561 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Yes We Must Coalition has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Ascendium Education Solutions Inc Madison, WI PURPOSE: Supporting Postsecondary Education Membership Organizations | $40,000 |
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