EIN 83-2282113

Ready To Succeed

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
2018
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Empowering foster and first-generation college students to graduate and launch meaningful careers through personalized mentorship, professional development, and financial assistance.
Total revenues
$4,548,021
2023
Total expenses
$2,851,054
2023
Total assets
$3,092,875
2023
Num. employees
21
2023

Program areas at Ready To Succeed

Career accelerator for first-generation college students: the career accelerator for first-generation college students launched in december 2021 and was generously funded by the ric and suzanne kayne foundation. The participants of this program are required To attend cal state and university of California schools and pursue careers in business or stem related industries. This program provides all of the components of the career accelerator program for foster youth with the addition of a loan repayment program.
Project dorm room: the program provides dorm room essentials To incoming freshmen and transfer foster youth students at several California colleges and universities, and currently at one out-of-state institution, Arizona state university. Students receive living supplies such as bed sheets, bath towels, toiletries, hangers, lamps, and college swag To help make their move-in experience less burdensome. We also provide gift cards To purchase additional items worth over $500 To ensure students have everything they need To begin their college journey feeling supported and cared for. Beyond providing the move-in supplies, staff and volunteers also help students physically move their items and belongings into their dorm room, and participate in packing and sending care packages throughout the year. The program also serves as a recruiting pipeline for foster youth To join the rts program during the sophomore year of their undergraduate studies. The yac scholars (youth advisory council): are a group of college students and recent college graduates selected by the snap foundation who are pursuing careers in the creative economy. The rts/yac program provides the yac members with personalized career coaching, access To the rts network of professionals, industry focused workshops and job search assistance. Yac scholars participate in this program for one year and gain the knowledge, skills and experiences they need To begin or continue their career journeys in creative field
The rts career accelerator program is a holistic, four-year career success program that addresses and supports each rts scholar's social, emotional, financial and physical needs, with the goal of empowering them To launch successful careers. Scholars join the rts program as rising sophomores and juniors and are assigned a personal career navigator and advisor who stays with them through college graduation and one full year of post-graduate employment. This advisor is often the first trusted adult and role model for our students. Each advisor guides their scholars through all the program components specifically designed To drive our students' career success including: 1:1 coaching and career workshops; network building through engagement with an active network of 500+ professionals; social, emotional, and mental health support through monthly community building and wellness events and access To a robust resource network To address housing, transportation, food, and other basic needs; internship placement and job search support and financial support, with a $5,000 stipend To support basic needs for all active undergraduate scholars. This integrated approach ultimately results in youth persisting in and graduating from college, and securing career track jobs.

Who funds Ready To Succeed

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ric and Suzanne Kayne FoundationKayne Scholars, Grant Period July 2022 To June 2023$1,023,027
Chuck Lorre Family FoundationGeneral$585,000
Ric and Suzanne Kayne FoundationKayne Scholars, Grant Period Jan 2022 To June 2022$234,246
...and 27 more grants received totalling $2,573,444

Personnel at Ready To Succeed

NameTitleCompensation
Romi LassallyExecutive Director$135,100
Frances HardyDirector of Development / Board Member$116,433
Patrick McCabePast Executive Director / President$60,100
Karen Kehela SherwoodSecretary$0
Elizabeth FriedmanVice Chair / Chair / Director$0
...and 3 more key personnel

Financials for Ready To Succeed

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,549,383
Program services$0
Investment income and dividends$5,386
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$918
Net income from fundraising events$-9,366
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,700
Total revenues$4,548,021

Form 990s for Ready To Succeed

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062023-07-05990View PDF
2021-062022-05-16990View PDF
2020-122021-11-13990View PDF
2019-122021-04-15990View PDF

Organizations like Ready To Succeed

OrganizationLocationRevenue
MayhewBristol, NH$1,533,946
Helping and Lending Outreach Support (HALOS)North Charleston, SC$1,374,674
The Garage Community and Youth CenterKennett Square, PA$1,573,583
Team FirstBrooklyn, NY$2,653,207
The Be Kind People ProjectPhoenix, AZ$2,565,740
Boys FarmNewberry, SC$1,441,077
Student Advocacy Center of MichiganYpsilanti, MI$2,404,443
Elevate USAArvada, CO$2,389,198
Alpine Achievers InitiativeSaguache, CO$3,051,587
Marion and Polk Early Learning HubSalem, OR$3,611,876
Data update history
August 10, 2024
Received grants
Identified 11 new grant, including a grant for $75,000 from Angell Foundation
July 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 11 new grant, including a grant for $1,023,027 from Ric and Suzanne Kayne Foundation
December 24, 2023
Received grants
Identified 4 new grant, including a grant for $50,000 from Aramont Charitable Foundation
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsYouth service charitiesCharities
Issues
EducationChildren
Characteristics
Fundraising eventsReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1514 17th St 201
Santa Monica, CA 90404
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
readytosucceedla.org/ 
Phone
(424) 581-6296
IRS details
EIN
83-2282113
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B00: Education: General
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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