Youth Development
(O99)
IRS Verified
DX Registered
990 on File
SEAN LOCKE 24 FOUNDATION
Financial strength (30%)
89/100
Reliability (20%)
45/100
Effectiveness (25%)
97/100
Impact (25%)
85/100
CharityAI™ Score
Not yet evaluated
Mission Statement
The UNLOCKE THE LIGHT movement has three objectives: 1. Educate: SL24 is ending the stigma and informing young people so they better understand mental health challenges, seek out wellness strategies, and avail themselves of life-changing resources. 2. Assist: SL24 strives to eliminate all barriers to mental health care. SL24's Mental Health Scholarship ensures that finances will not be a barrier to a young person getting the professional therapy they need to move from darkness to light. 3. Support: Sean's House and Sean's Rooms provide safe spaces for brave mental health conversations with our trained Peer24 Support Specialists.
Financial Overview — FY 2023
$1.1M
Total Revenue
$503K
Total Expenses
$1.4M
Net Assets
25
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.0%
Fundraising Efficiency
N/A
Operating Reserve
32.78x
Liability-to-Asset
0.0%
Revenue Diversification
111.8%
Executive Compensation
$43K
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
|
88.0% | 86.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.0% | 9.9% |
P10P90
|
Below median |
|
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
|
32.8 mo | 6.6 mo |
P10P90
|
Top quarter |
|
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
|
111.8% | 94.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
123.6% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
67.3% | 14.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
54.1% | 2.2% |
P10P90
|
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Mental health support | 10,000 | $100.00 | — | Per Year |
| Gain cultural competence to better serve populations | 15 | $50.00 | — | Per Year |
| Pay for therapy services for those who are uninsured or underinsured | 25 | $160.00 | — | Per Week |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.1M | $503K | $1.4M | 88.0% | 25 |
| 2022 | $491K | $301K | $782K | 96.9% | 17 |
| 2021 | $837K | $282K | N/A | — | 9 |
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