Sponsor 4 Success Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2017, with $388,300 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$388K
▼ 34.2% vs prior year
Human Services median: $293K
Expenses (FY2024)
$430K
Net assets
$655K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sponsor 4 Success Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sponsor 4 Success Inc: 18 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sponsor 4 Success Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sponsor 4 Success Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $337K (FY2020) to $388K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-10.9%
Spent more than it raised in the latest fiscal year.
Total assets
$677K
Total liabilities
$22K
Net assets
$655K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $388,300▼34.2% | $430,462▼5.3% | $655,483▼22.5% | $677,483▼21.9% | 990 |
| 2023 | $590,297▲50.1% | $454,347▲26.5% | $845,413▲19.2% | $867,413▲22.3% | 990 |
| 2022 | $393,238▼37.0% | $359,285▲66.0% | $709,463▲5.0% | $709,463▲5.0% | 990 |
| 2021 | $624,545▲85.2% | $216,405▲168% | $675,510▲153% | $675,510▲153% | 990 |
| 2020 | $337,170 | $80,839 | $266,511 | $266,511 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Sponsor 4 Success Inc totaling $186K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2024 | $11,428 |
| The Community Foundation of Louisville Inc | P20 human service organizations | 2023 | $55,000 |
| The Community Foundation of Louisville Inc | P20 human service organizations | 2022 | $40,500 |
| The Community Foundation of Louisville Inc | P20 human service organizations | 2021 | $70,152 |
| The Community Foundation of Louisville Inc | P20 human service organizations | 2020 | $8,628 |
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Data for Sponsor 4 Success Inc (EIN 81-4780035) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.