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Nonprofit · EIN 47-1039429

PERSEVERE

Tax-exempt · SALT LAKE CTY, UT 84110

Financials

$11.4M$11.2M2023$13M$13M2024
Revenue Expenses · by fiscal year end
Financials of PERSEVERE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,970,995$12,999,802-$28,807$1,778,367$1,093,214$685,153
December 31, 2023990$11,359,721$11,231,143$128,578$2,142,122$1,428,162$713,960
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,837,871
of which government grants
$11,960,602
Program service revenue
$133,096
Investment income
$28
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$8,025,690
Salaries, compensation and benefits (total)
$9,412,905
Professional fundraising fees
$0
Legal fees
$12,119
Accounting fees
$81,322
Occupancy
$244,389
Travel
$161,828
Depreciation
$82,372
Program services (functional)
$11,202,109
Management and general (functional)
$1,633,542
Fundraising (functional)
$164,151

Balance sheet and other

Total assets, start of year
$2,142,122
Total assets, end of year
$1,778,367
Total liabilities, end of year
$1,093,214
Net assets, end of year
$685,153
Land, buildings and equipment
$16,202
Net assets without donor restrictions
$526,144
Net assets with donor restrictions
$159,009
Gross receipts
$12,970,995
Employees
214
Volunteers
89
Year formed
2015
State of legal domicile
UT

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Stacey BooksInterim CEO
Highest-paid employee
40$121,470$8,112
Sean HosmanChair/Acting Exec Dir
Trustee or director
10$0$0
Marjorie RistTreasurer
Trustee or director
10$0$0
Jodi AndersonVice Chair
Trustee or director
2$0$0
Zach HosmanBoard Member
Trustee or director
1$0$0
Stephen DavisBoard Member
Trustee or director
1$0$0
Charley DealCampaign Cabinet Chair
Trustee or director
3$0$0
Jessica DickersonSecretary
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
Elisa MaloneCEO
Officer
40$108,238$4,200
Sean HosmanChair/Acting Exec Dir
Trustee or director, Officer
15$0$0
Marjorie RistBoard Member
Trustee or director, Officer
10$0$0
Casey RileyBoard Member
Trustee or director
1$0$0
George MoggaBoard Member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 1802, SALT LAKE CTY, UT 84110-1802
Mailing address (990-N for 2018)
PO Box 1802, Salt Lake City UT 84110
Principal officer (990 for 2024)
Sean Hosman, PO Box 1802, Salt Lake City, UT 84116
Principal officer (990-N for 2018)
Sean Hosman, PO Box 1802, Salt Lake City UT 84110
Signed the 990
Stacey Books, CEO
Phone
(877) 260-7299
Return prepared by
Squire & Company PC

Mission

To empower justice-involved individuals at risk for further justice involvement to succeed as productive members of society.

990 for the year ended December 31, 2024

Program accomplishments

  • Education - Persevere integrates industry-recognized technology education with comprehensive support services to ensure incarceration impacted individuals have the resources needed for long-term success. In 2024, more than 1,200 individuals were enrolled in educational programs nationwide, and hundreds of graduates secured employment in technology and related fields. Persevere also connects with employers, workforce boards and community organizations to expand second chance hiring and align training with industry demand. Persevere's recidivism rate remains below 2 percent, compared to the national average of 44 percent, demonstrating the transformative impact of education, employment, and holistic support on successful reentry. Graduates have become homeowners, entrepreneurs, and mentors, proving that, with opportunity, support, and belief in their potential, second chances truly lead to lasting change. To further ensure success, Persevere provides wrap-around services, such as mental-health support, digital access, transportation assistance, case management, housing stability, and employment preparation. These services support approximately 250 families impacted by incarceration. Persevere's comprehensive approach combining technology education, employment, mental-health support, family stability, and housing continues to transform lives and communities.
    Expenses $11,014,787 · revenue $133,096
  • On the Job Training - Persevere's on-the-job-training program provides employment opportunities for graduates as software developers and technical professionals. Through client projects, graduates gain real-world experience while delivering high-quality IT solutions to corporate and nonprofit partners. Several graduates now serve as instructors, team leads, and mentors, illustrating the success of Persevere's full-circle model from training to employment to leadership.
    Expenses $187,322

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1039429
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,778,367
Income (IRS master file)
$12,970,995

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,970,995$12,999,802$1,778,367XML
990December 2023$11,359,721$11,231,143$2,142,122XML
990December 2022$6,558,003$5,864,770$1,619,182IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2018
Officer: Sean Hosman
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 47-1039429).

Questions about PERSEVERE

What is the EIN of PERSEVERE?
The employer identification number (EIN) of PERSEVERE is 47-1039429.
Is PERSEVERE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to PERSEVERE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PERSEVERE 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 PERSEVERE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PERSEVERE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PERSEVERE?
The 990 for the year ended December 31, 2024 names Sean Hosman.
Who are the officers and directors of PERSEVERE?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $121,470 (Stacey Books, Interim CEO).
How much revenue does PERSEVERE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,970,995, expenses of $12,999,802 and total assets of $1,778,367 at year end.

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