Be Ready Inc
- Assets
- $202.1k
- Revenue
- $1.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, NJ
- Founding
- Data as of
- 06/2023
- EIN
- 88-0627862
Organization Overview
Be Ready Inc is located in Newark, NJ. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Be Ready Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Be Ready Inc generated $1.4k in total revenue. All expenses for the organization totaled $183.0k during the year ending 06/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BE READY ENDEAVORS TO CREATE A WORLD WITH EQUITABLE REPRESENTATION OF BLACK WOMEN IN POSITIONS OF POWER AND INFLUENCE ACROSS THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BE READY LAUNCHED THE "DEAR AMERICA" PROJECT IN PARTNERSHIP WITH PROJECT READY. THE PROJECT CONSISTS OF A SPOKEN AND LETTER-WRITING CAMPAIGN TO AMPLIFY THE VOICES OF BLACK WOMEN AND GIRLS ON THE ISSUES MOST IMPORTANT TO THEM AND THEIR COMMUNITY. THE GOAL OF THE PROJECT IS TO CURATE 1000 LETTERS, CREATE 50 PODCAST EPISODES AND FILM A DOCUMENTARY CAPTURING THE STORIES AND VOICES OF PARTICIPANTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shennell Mccloud Executive Director | OfficerTrustee | 10 | $0 |
Karin Gerald Treasurer/coo | OfficerTrustee | 8 | $0 |
Nayibe Capellan Chief Of Staff | 5 | $0 | |
Jazz Clayton-Hunt Chair | OfficerTrustee | 0.25 | $0 |
Danielle West-Augustin Secretary | OfficerTrustee | 0.17 | $0 |
Gillian Francis Board Trustee | Trustee | 0.17 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,440 |
| 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 | $1,440 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,367 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,566 |
| Fees for services: Accounting | $41,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,010 |
| Advertising and promotion | $8,021 |
| Office expenses | $8,706 |
| Information technology | $2,340 |
| Royalties | $0 |
| Occupancy | $7,242 |
| Travel | $2,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,814 |
| All other expenses | $0 |
| Total functional expenses | $183,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $200,693 |
| 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 | $1,393 |
| 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 | $202,086 |
| Accounts payable and accrued expenses | $481 |
| 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 | $49,973 |
| Total liabilities | $50,454 |
| Net assets without donor restrictions | $151,632 |
| 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 | $202,086 |