Youth Encouragement Services
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$894,914.74
Projected Expenses
$895,394.74
Organizational Budgets and Other Documents
IRS Letter of Exemption
| youth encouragement services irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,107,082.00 | $2,149,460.00 | $3,157,964.00 |
| Total Expenses | $1,079,070.00 | $1,060,908.00 | $901,969.00 |
| Revenue Less Expenses | $28,012.00 | $1,088,552.00 | $2,255,995.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $254,214.00 | $564,883.00 | $228,008.00 |
| 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 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $589,628.00 | $331,934.00 | $666,446.00 |
| Indirect Public Support | $0.00 | $0.00 | $25,000.00 |
| Earned Revenue | $1,450.00 | $1,101,390.00 | $0.00 |
| Investment Income, Net of Losses | $3,275.00 | $748.00 | $406.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $75,771.00 | $48,272.00 | $120,104.00 |
| Revenue In-Kind | $0.00 | $0.00 | $2,118,000.00 |
| Other | $182,744.00 | $102,233.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $832,726.00 | $690,598.00 | $672,927.00 |
| Administration Expense | $195,230.00 | $320,858.00 | $186,329.00 |
| Fundraising Expense | $51,114.00 | $49,452.00 | $42,713.00 |
| Total Revenue/Total Expenses | 103% | 203% | 350% |
| Program Expense/Total Expenses | 77% | 65% | 75% |
| Fundraising Expense/Contributed Revenue | 5% | 5% | 5% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $589,628.00 | Program Revenue $1,101,390.00 | Noncash Contributions $2,118,000.00 |
| Second Highest Funding Source & Dollar Amount | Foundation and Corporations $254,214.00 | Foundations and Corporations $564,883.00 | Contributions, Gifts, and Grants $666,446.00 |
| Third Highest Funding Source & Dollar Amount | Other Revenue $182,744.00 | Contributions, Gifts, and Grants $331,934.00 | Foundations and Corportions $228,008.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $3,874,017.00 | $3,874,177.00 | $3,545,819.00 |
| Current Assets | $788,462.00 | $798,540.00 | $370,541.00 |
| Long-Term Liabilities | $61,360.00 | $73,840.00 | $794,820.00 |
| Current Liabilities | $36,577.00 | $33,354.00 | $80,803.00 |
| Total Net Assets | $3,776,080.00 | $3,766,983.00 | $2,670,196.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$100,000.00
What is the spending policy for your endowment?
Default
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from Form 990. Schedule B removed to protect donor privacy. Form 990 was prepared by Bellenfant, PLLC. Comments provided by Nicole Rose 10/30/2023. |
