Its Bigger Than Us
- Assets
- $0.0
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 2
- Location
- Los Angeles, CA
- Founding
- Data as of
- 05/2024
- EIN
- 85-3136505
Organization Overview
Its Bigger Than Us is located in Los Angeles, CA. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 05/2024, Its Bigger Than Us employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Its Bigger Than Us 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 05/2024, Its Bigger Than Us generated $1.4m in total revenue. All expenses for the organization totaled $1.5m during the year ending 05/2024.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF IBTU IS TO PROVIDE SOLUTION-BASED RESOURCES TO UNDERSERVED FAMILIES SO ALL COMMUNITIES CAN THRIVE. WE ACCOMPLISH THIS BY BUILDING SAFETY IN THE COMMUNITIES BY WORKING COLLABORATIVELY WITH COMMUNITY MEMBERS AND COMMUNITY-BASED ORGANIZATIONS TO ADDRESS THE SOCIAL FACTORS THAT DRIVE DISPARITIES, SUCH AS POVERTY AND DISCRIMINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, ITS BIGGER THAN US DISTRIBUTED $2,342,079 IN SUPPLIES AND GRANTS TO INDIVIDUALS IN UNDERSERVED COMMUNITIES.
IN 2023, ITS BIGGER THAN US DISTRIBUTED $812,404.37 IN SUPPLIES AND GRANTS TO INDIVIDUALS IN UNDERSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyrone Nance CEO | Officer | 40 | $68,579 |
Molly Morrow COO | Officer | 40 | $50,912 |
Tyrone Nance CEO | Officer | 40 | $68,579 |
Molly Morrow COO | Officer | 40 | $50,912 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,590 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,079,051 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,115,641 |
| Total Program Service Revenue | $313,617 |
| Investment income | $0 |
| 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 | $1,429,258 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,895 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $144,024 |
| Compensation of current officers, directors, key employees. | $144,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,933 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $194,689 |
| Advertising and promotion | $12,062 |
| Office expenses | $81,113 |
| Information technology | $917 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,894 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,182 |
| Interest | $1,427 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $25,660 |
| All other expenses | $100,317 |
| Total functional expenses | $1,489,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |