EIN 46-1917760

Springboard to Opportunities

IRS 501(c) type
501(c)(3)
Num. employees
24
Year formed
2013
Most recent tax filings
2022-12-01
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
$12,172,215
2022
Total expenses
$3,405,445
2022
Total assets
$15,253,391
2022
Num. employees
24
2022

Program areas at Springboard to Opportunities

Centering cash: in addition To launching a 4th cohort of the magnolia mother's trust, Springboard To Opportunities' (sto) guaranteed income initiative began providing cash disbursements To all families in the jackson housing communities in response To the jackson water crisis, modeling the importance of cash in crisis response. Sto distributed $1,227,350 of direct cash assistance To families in 2022.fellowship launch: sto launched 3 new fellowship programs supporting residents as they connect the dots between policymaking and their own lives, grow in their advocacy and organizing skills, confidently tell their story, and recognize the power they have To create change in their own communities.residents in advocacy: residents had new and powerful platforms To share their stories and change. Including the ms legislative tanf hearings, white house briefings on the child tax credit, a poor people's campaign rally regarding the jackson water crisis, and numerous national and local news and media outlets particularly in response To Mississippi's tanf scandal, the jackson water crisis, and the failure To make the expanded child tax credit permanent.the magnolia mother's trust: with sto's 3rd cohort of mmt, sto took a deeper look To understand why cash matters. Participants reported an enhanced sense of self-efficacy and agency, allowing them To make their own decisions around work, prioritize the care of the children and family, and demonstrate a stronger sense of self and emotional well-being for both themselves and their children.- 97.6% felt somewhat or extremely supported by the magnolia mother's trust To meet their family's needs.- 79% of mothers reported feeling more hopeful about their future- 82% felt more hopeful about their children's futures- 70% felt capable of caring for their own emotional, physical, and mental health needsexpansion of national footprint: in 2022, Springboard continued To be recognized as a national leader and expert on cash supports and developing community-centered approaches To support families. This year sto...- co-convened the guaranteed income now conference in atlanta- contributed To policy resources developed by the congressional caucus on black women,groundwork collaborative, the national women's law center- launched locked out: black women, wealth, and homeownership in nonprofit quarterly examining the historic and contemporary policies that fuel our exclusionary housing market and exploring solutions To create a more equitable housing market.- partnered on a guaranteed income primer with asset funders network To educate funders on best practices related To cash-based policiesby the numbers:- 10,078 participations in Springboard programming- 10,088 meals, food boxes, and water cases distributed in communities- 4,234 instances of staff supporting residents with housing stability- 5,264 items distributed To residents through community care closets and back To school giveaways- 3,207 engagements with summer camps & after school programs in-person after 2 virtual years

Who funds Springboard to Opportunities

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Kresge FoundationAdvancing Social and Economic Mobility in Jackson, MS$750,000
Skyline FoundationGeneral Support for the Magnolia Mothers Trust$500,000
Silicon Valley Community Foundation (SVCF)Human Services$451,375
...and 37 more grants received totalling $5,253,588

Personnel at Springboard to Opportunities

NameTitleCompensation
Aisha NyandoroExecutive Director$173,916
Paheadra Bratton RobinsonDirector of Operations
Sarah StrippProgram Manager
Marjorie SimsVice Chairperson$0
Carter SmithTreasurer$0
...and 3 more key personnel

Financials for Springboard to Opportunities

RevenuesFYE 12/2022
Total grants, contributions, etc.$11,575,363
Program services$565,776
Investment income and dividends$31,076
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$12,172,215

Form 990s for Springboard to Opportunities

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-10-20990View PDF
2020-122021-06-28990View PDF
2019-122021-02-22990View PDF
2018-122020-01-16990View PDF
...and 5 more Form 990s
Data update history
January 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Received grants
Identified 7 new grant, including a grant for $750,000 from Kresge Foundation
July 24, 2023
Received grants
Identified 24 new grant, including a grant for $500,000 from Doris Duke Charitable Foundation
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 6, 2023
Received grants
Identified 3 new grant, including a grant for $215,000 from W.K. Kellogg Foundation (WKKF)
Nonprofit Types
Human service organizationsHousing and shelter organizationsCharities
Issues
Human services
Characteristics
Fundraising races, competitions, and tournamentsTax deductible donations
General information
Address
518 E Capitol St
Jackson, MS 39201
Metro area
Jackson, 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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