Early Risers Foundation Inc
Nonprofit profile at a glance
- EIN
- 272520916
- IRS 990-EZ coverage
- 2017–2023
- Forms available
- Form 990-EZ 2023
- Location
- Waycross, GA, USA
- Phone
- 8653635464
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $111,079
- Expenses
- $111,451
- Assets
- $7,540
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- KEITH JOHNSON (CEO)
People named in this filing
- KEITH JOHNSON (CEO)
- LADONNA JOHNSON (EXECUTIVE DI)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Early risers foundation, inc. Exists as a nfp 501c3 organization operating as a grass roots youth adolescent and young adult mentoring, education, scholarship, and leadership development organization. The organization fulfills its vision and mission by offering mentoring opportunities and leadership education in the form of workshops, lectures, and one on one mentoring. The organization also provides sponsorship, scholarship donations, and philanthropic grants for qualified individuals and small businesses meeting the requirements set forth by our leadership.
What it reported doing in 2023
1. Early risers undergraduate and graduate scholarships, post graduation stipends, and financial assistance for qualified students and post graduates transitioning to employment selected students received thousands of dollars in scholarship for academic and leadership success. Considerable grants and scholarships awarded to several qualified candidates nearing 100,000 in total awards. 2. Beauty pageant sponsored and conducted local beauty pageant for area youth with hundreds of dollars with of prizes and scholarship awarded. The foundation continued sponsorship and support of students and young women seeking exposure through pageants. Several thousands went in support of: -miss Louisiana USA 3rd runner up -miss crescent city USA winner -several other promising young women of color using pageantry as an opportunity to develop leadership and gain exposure. 3. Sponsorship of several selected college students demonstrating financial hardship during academic year early risers continues to do this on a consistent basis as the foundational cornerstone of our 501c3 organization. We have successfully assisted several students not only with tuition, books, and materials but computers, living expenses, and assistance through financial hardships. 4. Sponsorship and mentoring of minority owned businesses within the community we continue to support the efforts of minority owned businesses in the area awarding several small business assistance grants to help through the start up phase pf qualified owner applicants. 5. Several philanthropic grants to qualified individuals and small businesses needing financial assistance early risers will expand its focus in the future on the development of small minority businesses within the area. Our goal is to fund start ups, increase awareness of the sba and the opportunities that exists for small minority businesses. We will also sponsor the implementation of the minority business accelerator program in an effort to offer education and training to minority small business owners on business structure and financing.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.8%; rating input score 80
- Program expense ratio: 79.6%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.3%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 9.1% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 16.2% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 79.8% of revenue deployed · 79.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2017 to 2023
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.