Nonprofit · EIN 88-0627862
BE READY INC
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,261 | $83,828 | -$82,567 | $103,454 | $41,300 | $62,154 |
| June 30, 2024 | 990 | $51,681 | $58,592 | -$6,911 | $151,204 | $6,483 | $144,721 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,261
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $12,778
- Salaries, compensation and benefits (total)
- $13,266
- Professional fundraising fees
- $0
- Legal fees
- $297
- Accounting fees
- $39,423
- Occupancy
- $4,360
- Management and general (functional)
- $83,828
Balance sheet and other
- Total assets, start of year
- $151,204
- Total assets, end of year
- $103,454
- Total liabilities, end of year
- $41,300
- Net assets, end of year
- $62,154
- Net assets without donor restrictions
- $62,154
- Gross receipts
- $1,261
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2022
- State of legal domicile
- NJ
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHENNELL MCCLOUD | EXECUTIVE DIRECTOR Trustee or director, Officer | 10 | $0 | $236,194 | $41,105 |
| KARIN GERALD | TREASURER/COO Trustee or director, Officer | 0.17 | $0 | $71,828 | $18,029 |
| JAZZ CLAYTON-HUNT | CHAIR Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| DANIELLE WEST-AUGUSTIN | SECRETARY Trustee or director, Officer | 0.17 | $0 | $0 | $0 |
| GILLIAN FRANCIS | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| JACELYN MATTHEWS | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| NICOLE HARRIS | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| TAI COOPER | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| TANYA JOHNSON | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHENNELL MCCLOUD | EXECUTIVE DIRECTOR Trustee or director, Officer | 10 | $0 | $227,344 | $35,889 |
| KARIN GERALD | TREASURER/COO Trustee or director, Officer | 8 | $0 | $151,703 | $39,849 |
| JAZZ CLAYTON-HUNT | CHAIR Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| DANIELLE WEST-AUGUSTIN | SECRETARY Trustee or director, Officer | 0.17 | $0 | $0 | $0 |
| GILLIAN FRANCIS | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| JACELYN MATTHEWS | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| NICOLE HARRIS | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| TAI COOPER | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
| TANYA JOHNSON | BOARD TRUSTEE Trustee or director | 0.17 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 17 ACADEMY ST STE 1201, NEWARK, NJ 07102-2925
- Principal officer (990 for 2024)
- SHENNELL MCCLOUD, 17 ACADEMY STREET 1201, NEWARK, NJ 07102
- Signed the 990
- SHENNELL MCCLOUD, EXECUTIVE DIRECTOR
- Phone
- (973) 943-9740
- Return prepared by
- WISS & COMPANY LLP
Mission
BE READY INVESTS IN BLACK WOMEN TO PREPARE THEM TO BE CIVICALLY ENGAGED, RUN FOR OFFICE, WIN SEATS OF POWER, DISRUPT INEQUITABLE SYSTEMS, AND IMPACT POLICIES AFFECTING BLACK AND BROWN COMMUNITIES.
Program accomplishments
- NATIONAL STORYTELLING & CIVIC ENGAGEMENT:PROJECT READY, IN PARTNERSHIP WITH BE READY, SUPPORTED THE NATIONAL FILM TOUR FOR DEAR AMERICA, A LETTER FROM BLACK WOMEN, HOSTING SCREENINGS AND DISCUSSIONS ACROSS MULTIPLE CITIES TO ELEVATE CIVIC AWARENESS AND PARTICIPATION. THE INITIATIVE WAS FURTHER AMPLIFIED THROUGH NATIONAL MEDIA, INCLUDING AN IHEARTRADIO PODCAST FEATURE WITH CEO SHENNELL MCCLOUD.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 88-0627862
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Civil rights, social action and advocacy (R01)
- Assets (IRS master file)
- $103,454
- Income (IRS master file)
- $1,261
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,261 | $83,828 | $103,454 | IRS |
| 990 | June 2024 | $51,681 | $58,592 | $151,204 | XML |
| 990 | June 2023 | $1,440 | $183,048 | $202,086 | IRS |
| 990 | June 2022 | $500,429 | $167,189 | $450,312 | IRS |
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 88-0627862).
Questions about BE READY INC
- What is the EIN of BE READY INC?
- The employer identification number (EIN) of BE READY INC is 88-0627862.
- Is BE READY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2023.
- Are donations to BE READY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BE READY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BE READY INC 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 BE READY INC 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 BE READY INC?
- The 990 for the year ended June 30, 2025 names SHENNELL MCCLOUD.
- Who are the officers and directors of BE READY INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does BE READY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,261, expenses of $83,828 and total assets of $103,454 at year end.
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All nonprofits in NEWARK · New Jersey · Civil rights, social action and advocacy