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Nonprofit · EIN 46-2981774

IMPROVE YOUR TOMORROW

Tax-exempt · SACRAMENTO, CA 95815

Financials

$15M$14.1M2023$18.7M$16M2024
Revenue Expenses · by fiscal year end
Financials of IMPROVE YOUR TOMORROW by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$18,720,047$16,031,258$2,688,789$10,817,206$3,962,525$6,854,681
June 30, 2024990$15,000,341$14,089,852$910,489$7,484,112$3,176,348$4,307,764
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$11,206,602
of which government grants
$7,607,680
Program service revenue
$6,185,482
Investment income
$8,949
Net income from fundraising events
-$47,625
Other revenue
$1,319,014

Expenses

Grants and similar amounts paid
$259,970
Compensation of officers, directors and key employees
$802,748
Other salaries and wages
$10,092,678
Salaries, compensation and benefits (total)
$12,455,521
Professional fundraising fees
$10,890
Legal fees
$16,480
Accounting fees
$23,789
Occupancy
$496,520
Travel
$543,096
Depreciation
$77,597
Program services (functional)
$11,759,862
Management and general (functional)
$3,877,518
Fundraising (functional)
$393,878

Balance sheet and other

Total assets, start of year
$7,484,112
Total assets, end of year
$10,817,206
Total liabilities, end of year
$3,962,525
Net assets, end of year
$6,854,681
Land, buildings and equipment
$2,712,146
Net assets without donor restrictions
$4,439,343
Net assets with donor restrictions
$2,415,338
Gross receipts
$18,782,958
Employees
448
Volunteers
16
Year formed
2013
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL LYNCHCEO AND SECRETARY
Trustee or director, Officer
40$247,642$8,238
MICHAEL CASPERCOO
Officer
40$219,119$6,481
MENNE HALLCHIEF PROGRAM/PEOPLE OFFICER
Officer
40$175,003$5,196
JESUS ANDRADEEXECUTIVE DIRECTOR
Highest-paid employee
40$141,411$6,508
KARELTON THOMASEXECUTIVE DIRECTOR
Highest-paid employee
40$139,050$8,112
ARTHUR TURNEREXECUTIVE DIRECTOR
Highest-paid employee
40$133,595$10,462
ERICA CONNEREXECUTIVE DIRECTOR
Highest-paid employee
40$137,910$3,748
MACARENA OBRIENCFO / CAO
Officer
40$140,443$626
HASANI JOHNSONSR. DIR. OF DEVELOPMENT
Highest-paid employee
40$132,631$1,278
CHERYL MILESBOARD MEMBER
Trustee or director
1$0$0
CHE SALINASBOARD MEMBER
Trustee or director
1$0$0
CHRIS EVANSBOARD MEMBER
Trustee or director
1$0$0
HAROLD JACKSONBOARD MEMBER
Trustee or director
1$0$0
ED BUSHBOARD MEMBER
Trustee or director
1$0$0
GARY KINGCHAIR
Trustee or director, Officer
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
GERALD AGUSTINBOARD MEMBER
Trustee or director
1$0
GREG ORTIZBOARD MEMBER
Trustee or director
1$0
JANAE APTAKERBOARD MEMBER
Trustee or director
1$0
JAY JEFFERSON IITREASURER
Trustee or director, Officer
1$0
LISA CARDOZABOARD MEMBER
Trustee or director
1$0
MONICA ROBERTSBOARD MEMBER
Trustee or director
1$0
OSCAR CERVANTESBOARD MEMBER
Trustee or director
1$0
RICHARD PANBOARD MEMBER
Trustee or director
1$0
RICK MARTINEZBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL LYNCHCEO AND SECRETARY
Trustee or director, Officer
40$186,558$5,201
MICHAEL CASPERCOO
Officer
40$167,173$5,046
MENNE HALLCHIEF PROGRAM AND PEOPLE OFFICER
Officer
40$131,203$880
JESUS ANDRADEDIRECTOR OF SCHOOL PARTNERSHIPS & POLICY AND ADVOC
Highest-paid employee
40$122,202$6,262
WILLIAM JOHNSONDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$120,949$2,927
DIMITRIUS STONE TIL SEPT 2023CHIEF OF COLLEGE COMPLETION & AMERICORPS (UNTIL A
Officer
40$84,951$11,259
CANDICE PHILLIPS TIL AUG 2023CFO / CAO
Officer
40$89,723$5,548
RICHARD PANBOARD MEMBER
Trustee or director
1$0$0
GARY KINGVICE CHAIR
Trustee or director, Officer
1$0$0
GREG ORTIZCHAIR
Trustee or director, Officer
1$0$0
LISA CARDOZABOARD MEMBER
Trustee or director
1$0$0
JAY JEFFERSON IITREASURER
Trustee or director, Officer
1$0$0
MONICA ROBERTSBOARD MEMBER
Trustee or director
1$0$0
CHE SALINASBOARD MEMBER
Trustee or director
1$0$0
HAROLD JACKSONBOARD MEMBER
Trustee or director
1$0$0
ED BUSHBOARD MEMBER
Trustee or director
1$0$0
RICK MARTINEZBOARD MEMBER
Trustee or director
1$0$0
GERALD AGUSTINBOARD MEMBER
Trustee or director
1$0$0
OSCAR CERVANTESBOARD MEMBER
Trustee or director
1$0$0
JANAE APTAKERBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1901 ROYAL OAKS BLVD, SACRAMENTO, CA 95815-3868
Mailing address (990-N for 2014)
1017 L street No 632, Sacramento CA 95814
Principal officer (990 for 2024)
MICHAEL LYNCH, 1901 ROYAL OAKS DRIVE 200, SACRAMENTO, CA 95815
Principal officer (990-N for 2014)
Michael Lynch, 4800 Westlake Parkway Suite 19009, Sacramento CA 95814
Signed the 990
MICHAEL LYNCH, CFO
Phone
(916) 721-2812
Return prepared by
RICHARDSON & COMPANY LLP

Mission

THE PURPOSE AND MISSION OF THE ORGANIZATION IS TO INCREASE THE NUMBER OF YOUNG MEN OF COLOR TO ATTEND AND GRADUATE FROM 4-YEAR COLLEGES AND UNIVERSITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • THROUGH OUR PARTNERSHIPS WITH SCHOOL SITES ACROSS SACRAMENTO, YOLO, SAN JOAQUIN, STANISLAUS, MERCED, CONTRA COSTA, ALAMEDA, MARIN, SOLANO, AND SAN FRANCISCO COUNTIES, IMPROVE YOUR TOMORROW PROVIDED COMPREHENSIVE SUPPORT TO NEARLY 5,119 YOUNG MEN OF COLOR. OUR SERVICES INCLUDED MENTORSHIP, MEMBER DEVELOPMENT, PARENT ENGAGEMENT, INTERNSHIP PROGRAMS, COLLEGE TOURS, AND TUTORING. WE ALSO EXPANDED OUR IMPACT BY OFFERING WELLNESS SESSIONS AND COLLEGE COMPLETION SERVICES, HELPING ENSURE OUR MEMBERS ARE NOT ONLY COLLEGE-BOUND, BUT COLLEGE-READY AND SUPPORTED THROUGH GRADUATION.
    Expenses $11,759,862 · grants $259,970 · revenue $6,185,482

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-2981774
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,817,206
Income (IRS master file)
$18,782,958

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$10,583,814$9,966,628$6,589,904IRS
990June 2022$7,371,035$6,493,974$3,727,875IRS
990June 2021$3,117,015$2,110,554$2,689,557IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2014
Officer: Michael Lynch
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about IMPROVE YOUR TOMORROW

What is the EIN of IMPROVE YOUR TOMORROW?
The employer identification number (EIN) of IMPROVE YOUR TOMORROW is 46-2981774.
Is IMPROVE YOUR TOMORROW tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to IMPROVE YOUR TOMORROW tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IMPROVE YOUR TOMORROW file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IMPROVE YOUR TOMORROW due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IMPROVE YOUR TOMORROW last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of IMPROVE YOUR TOMORROW?
The 990 for the year ended June 30, 2025 names MICHAEL LYNCH.
Who are the officers and directors of IMPROVE YOUR TOMORROW?
The 990 for the year ended June 30, 2025 lists 24 people; 9 received compensation from the organization, the highest $247,642 (MICHAEL LYNCH, CEO AND SECRETARY).
How much revenue does IMPROVE YOUR TOMORROW have?
On its 990 for the year ended June 30, 2025 it reported revenue of $18,720,047, expenses of $16,031,258 and total assets of $10,817,206 at year end.

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