EIN 46-1917760

Springboard to Opportunities

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
2013
Most recent tax filings
2023-12-01
Description
Springboard to Opportunities connects families living in affordable housing with resources and programs that help them advance themselves in school, work, and life. The organization works directly with families and establishes strategic partnerships to achieve this mission. One of their initiatives is the Magnolia Mother's Trust, which provides guaranteed income to mothers in need. Additionally, Springboard to Opportunities has started providing cash disbursements to all families in the Jackson housing communities as a response to COVID-19. They are located in Jackson, MS.
Total revenues
$5,624,835
2023
Total expenses
$3,524,718
2023
Total assets
$17,873,448
2023
Num. employees
16
2023

Program areas at Springboard to Opportunities

In 2023, Springboard's radically resident driven programming supported over 2,500 residents in affordable housing with programs and resources To help the residents reach their goals in school, work, and life.springboard distributed $994,546 in direct cash disbursements To 800 families through its guaranteed income program, the magnolia mother's trust, and emergency cash disbursements in response To the ongoing jackson water crisis in the first few months of 2023.springboard released 3 reports finding holistic prosperity, the magnolia mother's trust alumni report, and the magnolia mother's trust 4th cohort report centering the voices of families in research and evaluation and advocating for best practices in cash policy and programs.the magnolia mother's trust (mmt) alumni study report was the first in the recent cash-without-restrictions movement To examine the effects of guaranteed income after a program ends and take a 2-generation approach, including both mothers and children in the study. Highlights included: - 76% of moms reported more confidence in their parenting as a result of mmt - 63% reported their children noticed a positive difference in their lives - 76% felt more confident in themselves as a result of mmt - 78% felt more confident in their ability To accomplish their goals - 74% felt more hopeful about the future and 80% felt more hopeful about their children's futures - overall, mmt had a positive impact on parenting efficacy, parent-child relationships, and children's mental healthspringboard's 3rd annual night of storytelling allowed four mothers To share their own stories with a wide in-person and virtual audience on their own terms, supporting mothers as they claim their own stories and shifting the larger narratives told about low-income, black mothers. Additionally, mothers shared their stories and experiences with numerous local and national media outlets.springboard's national profile continued To grow as ceo aisha nyandoro testified before a subcommittee of the u.s. house ways and means committee regarding temporary assistance for needy families and was also invited To the international ted state where she gave a ted talk on how To help us all reimagine what wealth means in this country based on the experiences of low-income families.springboard's leadership continued To be a sought-after voice regarding cash-based policies and community-driven advocacy and change.springboard expanded and refined its policy and advocacy fellowships supporting 33 resident fellows as they made connections between public policy and their lived experience and developed storytelling, organizing, and power building skills within their own communities, including an experiential trip To mongomery and selma, Alabama To visit and learn from the legacy museum, the national memorial for peace and justice, and other key civil rights sites.

Who funds Springboard to Opportunities

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustGeneral Operating Support$1,500,000
Skyline FoundationGeneral Support$500,000
Silicon Valley Community Foundation (SVCF)Human Services$451,375
...and 38 more grants received totalling $6,204,805

Personnel at Springboard to Opportunities

NameTitleCompensation
Aisha NyandoroChief Executive Officer$207,808
Marjorie SimsManaging Director / Vice Chairperson$0
Parthenia FieldsManager of Community Programs and Navigation
Sarah StrippProgram Director of Socioeconomic Well - Being

Financials for Springboard to Opportunities

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,018,900
Program services$339,701
Investment income and dividends$266,234
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,624,835

Form 990s for Springboard to Opportunities

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-10-20990View PDF
2020-122021-06-28990View PDF
2019-122021-02-22990View PDF
...and 6 more Form 990s

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OrganizationLocationRevenue
Community Action Partnership of Strafford CountyDover, NH$21,103,206
Bay Area Rescue MissionRichmond, CA$12,468,518
Visalia Rescue Mission (VRM)Visalia, CA$8,369,421
Friendly HouseWorcester, MA$10,242,378
Catholic Charities Diocese of GaryGary, IN$2,543,065
Coachella Valley Rescue Mission (CVRM)Indio, CA$13,683,851
Jesus HouseOklahoma City, OK$2,275,304
Allegheny Lutheran Social MinistriesHollidaysburg, PA$17,919,387
Arizona Housing CoalitionPhoenix, AZ$2,390,692
Martha's Village and KitchenIndio, CA$9,138,841
Data update history
January 26, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 14, 2025
Received grants
Identified 11 new grant, including a grant for $500,000 from Skyline Foundation
January 12, 2025
Used new vendors
Identified 1 new vendor, including
October 25, 2024
Updated personnel
Identified 5 new personnel
October 20, 2024
Received grants
Identified 3 new grant, including a grant for $1,500,000 from The Chicago Community Trust
Nonprofit Types
Human service organizationsHousing and shelter organizationsCharities
Issues
Human services
Characteristics
Political advocacyFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
518 E Capitol St
Jackson, MS 39201
Metro area
Jackson, MS
County
Hinds County, MS
Website URL
springboardto.org/ 
Phone
(769) 251-0924
IRS details
EIN
46-1917760
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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