Persevere
Persevere reported $13.0 million in revenue and $13.0 million in expenses for calendar year 2024. Of every $100 it spent, $86.17 went to program services, $12.57 to management and general costs and $1.26 to fundraising. Its largest source of revenue was contributions and grants: 99.0% of the total. Government grants made up 92.2%. The highest compensation it reported for one person was $129,582 (Interim CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 1508% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 212 covered youth development charities: $83.69 programs, $11.78 management, $4.53 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.2% | 82.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.6% | 11.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 4.5% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.07 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.0% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 92.2% | 5.5% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.0% | 6.6% |
| Highest reported compensation Part VII-A, columns D–F | $129,582 | $274,234 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.00% | 1.76% |
| People paid over $100,000 Part VII, line 2 | 1 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.6 | 15.4 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseEducation - 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…
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
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Interim CEO Highest compensated employee, 40.00 hrs/week | $121,470 | $0 | $8,112 | $129,582 |
1 people received more than $100,000 in reportable compensation from Persevere (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5214
- Volunteers Part I, line 689
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Osborne Evaluation & Consulting LLC Program evaluation services | $184,982 |
| BridgeBuilder Global Trust (Dr Rubin Co Instructor | $128,833 |
| Health Connect America Mental health services | $109,550 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Persevere totaling $275K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Persevere's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Persevere, you can publish a response that is linked from this page.
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Of every $100 Persevere spent in 2024, $86.17 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- 3rd Street Youth Center and ClinicSan Francisco, CA · revenue $13M · programs 90.3% · FY2025
- Chicago Youth CentersChicago, IL · revenue $13M · programs 86.4% · FY2025
- Girl Scouts - Arizona Cactus-Pine CouncilPhoenix, AZ · revenue $13M · programs 82.9% · FY2025
- Girl Scouts San Diego-Imperial CouncilSan Diego, CA · revenue $13M · programs 83.2% · FY2025
- Eastern Orthodox Management CorpWorcester, MA · revenue $13M · programs 84.1% · 2024
Questions people ask
How much of Persevere's spending goes to programs?
In calendar year 2024, Persevere reported that 86.2% of its $13.0 million in expenses went to program services, 12.6% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does Persevere pay its top executive?
The largest total compensation Persevere reported for one person in calendar year 2024 was $129,582, for the role of Interim CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Persevere get its money?
Of $13.0 million in revenue in calendar year 2024, 99.0% came from contributions and grants (including 92.2% from government grants) and 1.0% from program service revenue (Form 990, Part VIII).
Is Persevere a registered charity?
The IRS lists EIN 47-1039429 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202502969349301680 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423179349308257 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343199349307209 · read the filing
- 2021: Form 990 for calendar year 2021, object 202242939349300539 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349310413 · read the filing
- 2019: Form 990 for calendar year 2019 (amended), object 202132729349301663 · read the filing
All filings for EIN 47-1039429: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.