Center for Youth Ministry Training
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$2,055,574.00
Projected Expenses
$2,744,229.00
Organizational Budgets and Other Documents
| FY24 Budget | 2024 |
| FY23 Budget | 2023 |
| FY22 Budget | 2022 |
| FY23 Budget | 2022 |
| FY2022-23 EOY | 2022 |
| CYMT FY 2020-2021 Budget | 2021 |
| FY22 Budget | 2021 |
| CYMT FY2018-2019 End of Year Budget to Actual | 2019 |
| FY18 Budget | 2018 |
| FY17 Budget | 2017 |
| FY16 Budget | 2016 |
| FY15Budget.pdf | 2015 |
| Center for Youth Ministry Training 2013 Budget | 2013 |
IRS Letter of Exemption
| Center for Youth Ministry Training IRS ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $3,249,068.00 | $4,237,386.00 | $1,774,392.00 |
| Total Expenses | $2,735,022.00 | $2,740,093.00 | $2,293,861.00 |
| Revenue Less Expenses | $514,046.00 | $1,497,293.00 | ($519,469.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $1,899,176.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $183,388.00 | $0.00 |
| Contributions, Gifts, and Grants | $1,489,770.00 | $12,924.00 | $306,580.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $1,541,662.00 | $1,734,573.00 | $1,457,322.00 |
| Investment Income, Net of Losses | $119,009.00 | $184,853.00 | $9,815.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $97,447.00 | $111,381.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $1,180.00 | $111,091.00 | $675.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $2,201,105.00 | $2,264,509.00 | $1,922,970.00 |
| Administration Expense | $532,417.00 | $475,584.00 | $370,891.00 |
| Fundraising Expense | $1,500.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 119% | 155% | 77% |
| Program Expense/Total Expenses | 80% | 83% | 84% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $1,541,662.00 | Foundations and Corporations $1,899,176.00 | Program Revenue $1,457,322.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $1,489,770.00 | Program Revenue $1,734,573.00 | Contributions, Gifts, Grants $306,580.00 |
| Third Highest Funding Source & Dollar Amount | Investment Income $119,009.00 | Investment Income $184,853.00 | Interest Income $9,815.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,535,332.00 | $3,164,049.00 | $1,419,200.00 |
| Current Assets | $905,262.00 | $996,873.00 | $478,607.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $150,000.00 |
| Current Liabilities | $163,509.00 | $374,345.00 | $234,408.00 |
| Total Net Assets | $3,371,823.00 | $2,789,704.00 | $1,034,792.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures are taken from the 990. 990 was prepared by AJ CPAs, PLLC. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 8/7/23. |
