2024-10-09T13:50:22-04:00 2023-12-31 233010968 MILLIGAN & COMPANY LLC 105 N 22ND ST FL 2 PHILADELPHIA PA 191031302 990 2023-01-01 813612875 BELIEVE IN STUDENTS INC BELI 2672254845 1755 N 13TH STREET 295 PHILADELPHIA PA 19122 TRACI KIRTLEY CEO 2672254845 2024-10-04 true false JOHN MILLIGAN CPA P02155323 2154969100 2024-10-09 2023 2024-10-15 13:58:12Z TRACI KIRTLEY 1755 N 13TH STREET 295 PHILADELPHIA PA 19122 448169 false X BELIEVEINSTUDENTS.ORG X 2016 PA TO PROVIDE COLLEGE STUDENTS STRUGGLING WITH BASIC NEEDS INSECURITY WITH RESOURCES AND SUPPORT. 8 8 5 0 409829 438761 150901 0 6463 9408 0 567193 448169 0 0 290472 392447 0 64428 757366 356077 1047838 748524 -480645 -300355 862473 324227 277322 38011 585151 286216 X TO ADDRESS THE BASIC NEEDS INSECURITY AMONG COLLEGE STUDENTS TO PROMOTE COLLEGE ATTAINMENT, BY DEVELOPING AND SUPPORTING INNOVATIVE, SUSTAINABLE, AND EFFECTIVE SOLUTIONS THAT CAN SCALE TO MEET THE WIDESPREAD DEMANDS. false false 186582 FAST FUND NETWORK - THE FAST FUND IS THE ORGANIZATION'S FLAGSHIP PROGRAM, WHERE SMALL-DOLLAR, FLEXIBLE EMERGENCY AID GRANTS ARE PROVIDED TO STUDENTS TO ADDRESS IMMEDIATE BASIC NEEDS CHALLENGES THAT THREATEN THEIR ABILITY TO STAY IN SCHOOL. THE ORGANIZATION DOES THIS BY ORGANIZING A NETWORK OF FACULTY ON CAMPUSES ACROSS THE COUNTRY WHO SERVE AS VOLUNTEER PROGRAM LEADERS TO ENGAGE FACULTY, STAFF, AND IMPACTED STUDENTS IN ADDRESSING STUDENT BASIC NEEDS INSECURITY, INCLUDING DISSEMINATING EMERGENCY GRANTS FROM FUNDS RAISED THROUGH BIS AND OTHERS. IN 2023, BIS DISTRIBUTED 100,090 DIRECTLY, AND COORDINATED AND SUPPORTED 30 OTHER FAST FUND LEADERS ACROSS THE COUNTRY TO HELP THEM RAISE AN ADDITIONAL 438,869 TO SUPPORT STUDENTS AS EMERGENCY AID. THE AVERAGE GRANT SIZE INCREASED SLIGHTLY, FROM 262 TO 302, DRIVEN PRIMARILY BY NEEDS RELATED TO HOUSING COSTS. THE ORGANIZATION ALSO PUBLISHED ITS FIRST IMPACT REPORT, WHICH GENERATED A MAJOR FEATURE STORY IN ONE OF THE PREMIER HIGHER EDUCATION PUBLICATIONS. THE REPORT CAN BE FOUND AT HTTPS://BELIEVEINSTUDENTS.ORG/WP- CONTENT/UPLOADS/2023/10/BELIEVEINSTUDENTS_FASTFUNDIMPACTREPORT_2023-3.PDF 180674 BIS IS THE ORGANIZATIONAL HOME OF THE REAL COLLEGE MOVEMENT, A NATIONAL EFFORT TO RAISE AWARENESS OF BASIC NEEDS INSECURITY AMONG COLLEGE STUDENTS AND REDEFINE WHAT IT MEANS TO BE A STUDENT-READY COLLEGE. THE ORGANIZATION DEVELOPS EDUCATIONAL TOOLS AND RESOURCES TO EDUCATE AND EMPOWER FACULTY, STAFF, AND ADMINISTRATORS IN HIGHER EDUCATION TO DEVELOP AND EXECUTE STRATEGIES TO BETTER ADDRESS STUDENTS' BASIC NEEDS IN A WAY THAT WILL INCREASE PERSISTENCE AND GRADUATION. IN 2023, BIS PRODUCED AND DISSEMINATED TWO REPORTS ABOUT THE IMPACT OF EMERGENCY AID ON STUDENT PERSISTENCE, AND BEGAN WORK ON THE REALCOLLEGE CURRICULUM, ON ONLINE RESOURCE FOR EDUCATORS TO BETTER UNDERSTAND WHY BASIC NEEDS INSECURITY EXISTS AND HOW TO ADDRESS IT. 216478 GREAT LAKES CONSORTIUM - IN AN EFFORT TO PURSUE STRUCTURAL SOLUTIONS, THE ORGANIZATION LAUNCHED THE GREAT LAKES FAST FUND CONSORTIUM, ORGANIZING AND LEADING A GROUP OF FAST FUND LEADERS AT COLLEGES IN THE GREAT LAKES REGION TO DEVELOP AN ADVOCACY AGENDA, CREATE A PAID STUDENT FELLOWSHIP TO TRAIN AND SUPPORT IMPACTED STUDENTS TO SERVE AS LEADERS IN THIS WORK, AND ORGANIZE FACULTY, STAFF, AND STUDENTS TO ADVOCATE FOR CAMPUS POLICY AND PRACTICE CHANGES. FACULTY AND STUDENTS ON FIVE CAMPUSES WORKED TOGETHER TO SUPPORT 12 FELLOWS WHO PURSUED CAMPUS INNOVATIONS TO BETTER ADDRESS FOOD AND HOUSING INSECURITY ON THEIR CAMPUSES. 12816 GATHER FOOD HALL IS A SOCIAL ENTERPRISE TO COMBAT FOOD INSECURITY AMONG COLLEGE STUDENTS BY UTILIZING A PAY-WHAT-YOU-CAN MODEL THAT PROVIDES VOUCHERS FOR STUDENTS WHO NEED EXTRA SUPPORT AND HELPING THE COMMUNITY BETTER UNDERSTAND THESE ISSUES. BIS BROUGHT TOGETHER A SERIES OF PARTNERS TO HELP LEARN FROM PAST FAILURES IN MODELS LIKE THIS, AND GENERATE A CONCEPT THAT CAN BE SUSTAINABLE WHILE ADDRESSING THE SOCIAL GOOD. TOGETHER, THE PARTNERS HAVE FORMED A NEW LLC TO ADVANCE THE CONCEPT, WHILE BIS FOCUSED ON CREATING A SUSTAINABLE MODEL FOR MEETING STUDENTS' NEEDS AND BUILDING PARTNERSHIPS FOR DEEPER IMPACT ONCE THE FOOD HALL OPENS. 12816 596550 true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 18 0 5 true false false false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true false false true false false AR CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NC ND OH PA RI TN UT VA WV WI X TRACI KIRTLEY 2672254845 1755 N 13TH STREET 295 PHILADELPHIA PA 19122 TRACI KIRTLEY CEO 50.00 X 104373 0 3578 RICHARD BINSWANGER BOARD CHAIR 1.00 X X 0 0 0 RENE BRYCE-LAPORTE MEMBER 1.00 X 0 0 0 MARK HAYS BOARD TREASU 1.00 X X 0 0 0 BILL KIOLBASA MEMBER 1.00 X 0 0 0 STEPHANIE OWENS MEMBER 1.00 X 0 0 0 JESSE THOMPSON MEMBER 1.00 X 0 0 0 DR ELIZABETH VAQUERA MEMBER 1.00 X 0 0 0 104373 3578 1 false false false 438761 438761 9408 9408 448169 9408 X 104373 84542 8350 11481 227525 187775 16046 23704 34171 25278 4762 4131 26378 20596 2938 2844 10791 1696 8672 423 3647 3647 14258 10753 3505 1525 200 1325 STUDENT DISTRIBUTIONS 100090 100090 STIPENDS 53565 53565 PROFESSIONAL SERVICES 45533 9353 36180 RESEARCH & RPT PRODUCTION 45050 45050 81618 57652 2121 21845 748524 596550 87546 64428 110275 73338 23165 38921 370784 50000 10000 10000 3471 11364 344778 140604 862473 324227 277322 38011 277322 38011 X 153598 74237 431553 211979 585151 286216 862473 324227 -300355 1420 X X false true X true false X 363125 3797444 449619 409829 438761 5458778 9408 9408 363125 3797444 449619 409829 448169 5468186 175000 2620328 210000 3005328 175000 2620328 210000 3005328 2462858 843 5691 4426 6463 9408 26831 843 5691 4426 6463 9408 26831 15038 150901 165939 363968 3803135 469083 567193 457577 5660956 0.43510 0.38720 0.00000 0.00000 X PART III, LINE 12 165,939 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 449589 1420 1420 448169 448169 748524 748524 748524 FORM 990, PAGE 2, PART III, LINE 4A FAST FUND NETWORK - THE FAST FUND IS THE ORGANIZATION'S FLAGSHIP PROGRAM, WHERE SMALL-DOLLAR, FLEXIBLE EMERGENCY AID GRANTS ARE PROVIDED TO STUDENTS TO ADDRESS IMMEDIATE BASIC NEEDS CHALLENGES THAT THREATEN THEIR ABILITY TO STAY IN SCHOOL. THE ORGANIZATION DOES THIS BY ORGANIZING A NETWORK OF FACULTY ON CAMPUSES ACROSS THE COUNTRY WHO SERVE AS VOLUNTEER PROGRAM LEADERS TO ENGAGE FACULTY, STAFF, AND IMPACTED STUDENTS IN ADDRESSING STUDENT BASIC NEEDS INSECURITY, INCLUDING DISSEMINATING EMERGENCY GRANTS FROM FUNDS RAISED THROUGH BIS AND OTHERS. IN 2023, BIS DISTRIBUTED 100,090 DIRECTLY, AND COORDINATED AND SUPPORTED 30 OTHER FAST FUND LEADERS ACROSS THE COUNTRY TO HELP THEM RAISE AN ADDITIONAL 438,869 TO SUPPORT STUDENTS AS EMERGENCY AID. THE AVERAGE GRANT SIZE INCREASED SLIGHTLY, FROM 262 TO 302, DRIVEN PRIMARILY BY NEEDS RELATED TO HOUSING COSTS. THE ORGANIZATION ALSO PUBLISHED ITS FIRST IMPACT REPORT, WHICH GENERATED A MAJOR FEATURE STORY IN ONE OF THE PREMIER HIGHER EDUCATION PUBLICATIONS. THE REPORT CAN BE FOUND AT HTTPS://BELIEVEINSTUDENTS.ORG/WP- CONTENT/UPLOADS/2023/10/BELIEVEINSTUDENTS_FASTFUNDIMPACTREPORT_2023-3.PDF FORM 990, PAGE 2, PART III, LINE 4D GATHER FOOD HALL IS A SOCIAL ENTERPRISE TO COMBAT FOOD INSECURITY AMONG COLLEGE STUDENTS BY UTILIZING A PAY-WHAT-YOU-CAN MODEL THAT PROVIDES VOUCHERS FOR STUDENTS WHO NEED EXTRA SUPPORT AND HELPING THE COMMUNITY BETTER UNDERSTAND THESE ISSUES. BIS BROUGHT TOGETHER A SERIES OF PARTNERS TO HELP LEARN FROM PAST FAILURES IN MODELS LIKE THIS, AND GENERATE A CONCEPT THAT CAN BE SUSTAINABLE WHILE ADDRESSING THE SOCIAL GOOD. TOGETHER, THE PARTNERS HAVE FORMED A NEW LLC TO ADVANCE THE CONCEPT, WHILE BIS FOCUSED ON CREATING A SUSTAINABLE MODEL FOR MEETING STUDENTS' NEEDS AND BUILDING PARTNERSHIPS FOR DEEPER IMPACT ONCE THE FOOD HALL OPENS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS AND MAKES A RECOMMENDATION FOR APPROVAL TO THE FULL BOARD. THE DRAFT 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C EACH PERSON SUBMITS A CONFLICT OF INTEREST STATEMENT, WHICH IS REVIEWED BY THE BOARD CHAIR. THE CHAIR SHALL REPORT THE RESULTS OF THE ANNUAL DISCLOSURE STATEMENTS TO THE BOARD AT ITS ANNUAL MEETING. IN ADDITION, IF ANY COVERED PERSON HAS A DIRECT OR INDIRECT INTEREST IN ANY PROPOSED CONTRACT, TRANSACTION, OR OTHER ARRANGEMENT INVOLVING THE CORPORATION, THE COVERED PERSON MUST DISCLOSE THE INTEREST TO THE BOARD OR COMMITTEE AUTHORIZING THE CONTRACT, TRANSACTION, OR OTHER ARRANGEMENT, AND THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE INTEREST CONSTITUTES A CONFLICT OF INTEREST PRIOR TO TAKING ANY ACTION. FORM 990, PAGE 6, PART VI, LINE 15A BIS'S COMPENSATION OF IT'S EXECUTIVE DIRECTOR WAS REVIEWED BY A GROUP OF INDEPENDENT INDIVIDUALS. THE GROUP REVIEWED COMPARABILITY DATA AND GUIDESTAR PARAMETERS OF OTHER SIMILAR ORGANIZATIONS TO FIND THE APPROPRIATE RANGE. THE DELIBERATION AND APPROVAL OF THE BOARD WAS DOCUMENTED IN BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 17 MINNESOTA, MISSISSIPPI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NORTH CAROLINA, NORTH DAKOTA, OHIO, PENNSYLVANIA, RHODE ISLAND, TENNESSEE, UTAH, VIRGINIA, WEST VIRGINIA, WISCONSIN FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL RECORDS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E MARKETING &COMMUNICATIONS 41,165 444 0 CONSULTANTS 10,272 0 21,845 MISCELLANEOUS 5,346 0 0 BANK CHARGES 869 1,677 0 TOTAL 57,652 2,121 21,845 FORM 990, PART XII LINE 1 - THE ACCOUNTING METHOD FOR THE FORM 990 CHANGED IN 2022 TO MATCH THE ACCOUNTING BASIS OF THE AUDITED FINANCIAL STATEMENTS.