Change Summer Inc
- Assets
- $2.4m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 366
- Location
- New York, NY
- Founding
- 12/2018
- Data as of
- 09/2023
- EIN
- 83-0670185
Organization Overview
Change Summer Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 09/2023, Change Summer Inc employed 366 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Change Summer Inc 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 09/2023, Change Summer Inc generated $5.6m in total revenue. All expenses for the organization totaled $6.2m during the year ending 09/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHANGE SUMMER PROVIDES STUDENTS FROM UNDER-RESOURCED COMMUNITIES WITH A SUMMER EXPERIENCE THAT INCREASES INDEPENDENCE, CURIOSITY, CONFIDENCE, AND RESPONSIBILITY - ALL CRITICAL SKILLS FOR A SUCCESSFUL FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHANGE SUMMER PROVIDES STUDENTS FROM UNDER-RESOURCED COMMUNITIES WITH A SUMMER EXPERIENCE THAT INCREASES INDEPENDENCE, CURIOSITY, CONFIDENCE, AND RESPONSIBILITY - ALL CRITICAL SKILLS FOR A SUCCESSFUL FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Phillips CEO | OfficerTrustee | 40 | $285,798 |
Sam Borek Treasurer | OfficerTrustee | 1 | $0 |
Evan Rudall Chairman | OfficerTrustee | 1 | $0 |
Julie Jackson Secretary | OfficerTrustee | 1 | $0 |
Fatimah Barker Director | Trustee | 1 | $0 |
Jason Epstein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,541,441 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,541,441 |
| Total Program Service Revenue | $0 |
| Investment income | $21,440 |
| 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 | $5,596,465 |
| 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. | $338,896 |
| Compensation of current officers, directors, key employees. | $33,243 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,168,726 |
| Pension plan accruals and contributions | $6,795 |
| Other employee benefits | $295,711 |
| Payroll taxes | $232,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,900 |
| Fees for services: Accounting | $71,624 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,879 |
| Advertising and promotion | $28,633 |
| Office expenses | $22,825 |
| Information technology | $46,931 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $208,809 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $743 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $87,702 |
| All other expenses | $0 |
| Total functional expenses | $6,185,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $626,703 |
| Pledges and grants receivable | $1,773,845 |
| 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 | $29,369 |
| 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 | $2,429,917 |
| Accounts payable and accrued expenses | $575,435 |
| 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 | $575,435 |
| Net assets without donor restrictions | $1,854,482 |
| Net assets with donor restrictions | $0 |
| 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 | $2,429,917 |