Youth Development (O20) IRS Verified DX Registered 990 on File

DR VERNARD HODGES IT TAKES A VILLAGE CHARITY FOUNDATION

EIN: 27-3439226 · BONAIRE, GA 31005-3388 · United States · FY 2023 Data

3 out of 5 48 / 100 Based on 2+ years of filings

Financial strength (30%) 61/100

Reliability (20%) 50/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Dr Hodges "It takes a Village Foundation" is a I.R.S. 501(C)(3) non-profit organiza-tion dedicated to helping children accomplish their life dreams of becoming entre-preneurs. The foundation provides funding for entrepreneurship education pro-grams that prepare and encourages youth to "create a job" rather than "get a job" .Teaching the youth economic fundamentals starting with different bank ac-count types to basic budgeting of their business funds, money management will be an important aspect of the education the foundation seeks to provide. The foundation will support youth entrepreneurship through outreach programs at various colleges and universities, mentorship, and encouragement with special projects developed by the youth themselves with guidance from their own per-sonal entrepreneur coach! In addition, the foundation seeks to instill in the youth a desire to see the needs of their community, and to give back as they have been given. To pay it forward through charitable contributions and community service work. The goal of the foundation is to develop basic economic and business development skills, commu-nity awareness and accountability; while creating self-sufficient, productive mem-bers of society.

Financial Overview — FY 2023

$738K

Total Revenue

$634K

Total Expenses

$197K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 100.0%

Fundraising Efficiency N/A

Operating Reserve 3.73x

Liability-to-Asset 0.0%

Revenue Diversification 100.0%

Executive Compensation $0

Compared with Peers

FY 2023

Compared with 5,287 similar organizations (United States, Youth Development, $100K–$1M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	100.0%	86.4%	P10P90	Top quarter
Admin expense ratio Management and general / total expenses · lower is better	0.0%	9.9%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	3.7 mo	6.6 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	1.2%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	100.0%	94.8%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	122.2%	9.8%	P10P90
Expense growth Year over year expense growth	127.4%	14.7%	P10P90
Surplus margin Surplus as a share of revenue	14.1%	2.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$738K	$634K	$197K	100.0%	0
2022	$332K	$279K	$93K	0.0%	0
2021	$161K	$41K	N/A	—	1
2020	$4K	$965	N/A	—	1

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Organization Details

EIN: 27-3439226
State: GA
City: BONAIRE
ZIP: 31005-3388
Classification: O20
Category: Youth Development
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2010
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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