Totals
- Total revenue
- $6,896,706
- Total expenses
- $4,488,850
- Contributions and grants received
- $6,525,596
- Grants paid
- $286,539
- Program service revenue
- $6,173
- Investment income
- $213,323
- Other revenue
- $151,614
- Total assets, end of year
- $17,673,500
- Total liabilities, end of year
- $9,769,382
- Net assets or fund balances, end of year
- $7,904,118
- Program services expenses (Part IX)
- $3,160,734
- Management and general expenses
- $463,464
- Fundraising expenses
- $864,652
- Program service expenses (Part III)
- $3,160,734
Program services were 70.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$127,500
-
1e · Government grants (contributions)
$3,964,325
-
1f · All other contributions, gifts and grants
$2,433,771
-
1g · Noncash contributions included above
$128,223
-
2a · Program service revenue: OTHER REVENUE
total $6,173 · related or exempt $6,173
-
3 · Investment income
total $213,323 · excluded $213,323
-
8a · Fundraising events: gross income
$159,474
-
8b · Fundraising events: direct expenses
$7,860
-
8c · Net income from fundraising events
total $151,614 · excluded $151,614
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $286,539 · program services $286,539
-
5 · Compensation of officers, directors and key employees
total $283,264 · program services $93,959 · management and general $121,186 · fundraising $68,119
-
7 · Other salaries and wages
total $2,098,882 · program services $1,525,163 · management and general $155,963 · fundraising $417,756
-
8 · Pension plan contributions
total $39,291 · program services $7,676 · management and general $14,696 · fundraising $16,919
-
9 · Other employee benefits
total $201,520 · program services $150,818 · management and general $7,437 · fundraising $43,265
-
10 · Payroll taxes
total $200,809 · program services $136,419 · management and general $23,513 · fundraising $40,877
-
11b · Fees: legal
total $4,698 · fundraising $4,698
-
11c · Fees: accounting
total $18,100 · management and general $18,100
-
11g · Fees: other
total $411,232 · program services $223,869 · management and general $41,051 · fundraising $146,312
-
12 · Advertising and promotion
total $18,058 · program services $1,324 · fundraising $16,734
-
13 · Office expenses
total $29,443 · program services $19,528 · management and general $3,064 · fundraising $6,851
-
14 · Information technology
total $116,073 · program services $71,356 · management and general $22,968 · fundraising $21,749
-
16 · Occupancy
total $111,545 · program services $99,333 · management and general $8,007 · fundraising $4,205
-
17 · Travel
total $59,028 · program services $37,483 · management and general $2,203 · fundraising $19,342
-
20 · Interest
total $151,200 · program services $151,191 · management and general $9
-
22 · Depreciation, depletion and amortization
total $32,616 · program services $29,864 · management and general $1,631 · fundraising $1,121
-
23 · Insurance
total $40,386 · program services $32,226 · management and general $3,323 · fundraising $4,837
-
24a · Other expenses: SUPPLIES
total $160,479 · program services $160,479
-
24b · Other expenses: FOOD AND MEALS
total $90,395 · program services $90,395
-
24c · Other expenses: MISCELLANEOUS
total $77,360 · program services $1,278 · management and general $28,442 · fundraising $47,640
-
24d · Other expenses: LICENSES, FEES, AND MEM
total $34,531 · program services $30,646 · management and general $2,736 · fundraising $1,149
-
24e · All other expenses
total $23,401 · program services $11,188 · management and general $9,135 · fundraising $3,078
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $102,345 · end of year $713,657
-
2 · Savings and temporary cash investments
beginning of year $3,381,053 · end of year $2,298,506
-
3 · Pledges and grants receivable
beginning of year $1,610,303 · end of year $2,161,392
-
7 · Other notes and loans receivable
end of year $12,179,700
-
9 · Prepaid expenses and deferred charges
beginning of year $29,752 · end of year $16,725
-
10a · Land, buildings and equipment: cost or other basis
$875,298
-
10b · Land, buildings and equipment: accumulated depreciation
$598,277
-
10c · Land, buildings and equipment, net
beginning of year $693,755 · end of year $277,021
-
15 · Other assets
beginning of year $51,094 · end of year $26,499
-
17 · Accounts payable and accrued expenses
beginning of year $250,518 · end of year $365,587
-
23 · Secured mortgages and notes payable
end of year $9,367,400
-
25 · Other liabilities
beginning of year $61,023 · end of year $36,395
-
27 · Net assets without donor restrictions
beginning of year $3,766,566 · end of year $3,792,051
-
28 · Net assets with donor restrictions
beginning of year $1,790,195 · end of year $4,112,067
Mission and programs · 2024
Mission
THE MISSION OF AVENUES FOR YOUTH (AFY) IS TO PARTNER WITH YOUTH EXPERIENCING HOMELESSNESS TO ACHIEVE THEIR DREAMS. WE DO THIS BY PROVIDING SHELTER, SHORT TERM AND TRANSITIONAL HOUSING AND SUPPORTIVE SERVICES FOR YOUTH EXPERIENCING HOMELESSNESS IN A SAFE AND NURTURING ENVIRONMENT. THROUGH SUCH SERVICE, AVENUES SEEKS TO HELP YOUTH ACHIEVE THEIR PERSONAL GOALS AND FIND A POSITIVE TRANSITION INTO YOUNG ADULTHOOD.
-
DURING THE YEAR ENDED JUNE 30, 2025, AVENUES FOR YOUTH MET THE INCREASED NEED WE ARE SEEING IN OUR COMMUNITY BY SUPPORTING MORE YOUNG PEOPLE THAN IN PREVIOUS YEARS, WHILE CONTINUING TO OFFER STRONG PROGRAMS AND SERVICES. AVENUES BROKE GROUND ON A NEW HOUSING AND ADMINISTRATIVE HEADQUARTERS IN NORTH MINNEAPOLIS WHICH IS SLATED TO OPEN IN LATE FY26. THIS NEW BUILDING WILL PROVIDE MORE A SPACE FOR THE CURRENT NORTH MINNEAPOLIS SHELTER AND TRANSITIONAL HOUSING PROGRAMS THAT IS MORE DIGNIFIED, TRAUMA-INFORMED AND SUSTAINABLE. IT WILL ALSO ALLOW ADD EIGHT AFFORDABLE APARTMENTS TO THE HOUSING MIX THAT AVENUES OFFERS AND ALLOW FOR ADDITIONAL GROWTH OF COMMUNITY-BASED PROGRAMS.DURING THE YEAR ENDED JUNE 30, 2025, AVENUES OPERATED FOUR PROGRAMS IN THE TWIN CITIES THAT SUPPORTED 338 YOUTH, INCLUDING YOUNG FAMILIES. WHILE PARTICIPATING IN AN AVENUES PROGRAM, YOUTH NO LONGER NEED TO PUT THEIR ENERGY INTO SURVIVAL. WITH SHELTER AND ALL BASIC NEEDS MET, THEY CAN WORK WITH AVENUES STAFF TO ADDRESS OTHER IMMEDIATE ISSUES, FOCUS ON IMPORTANT ASPECTS OF THEIR DEVELOPMENT, AND PURSUE THEIR PERSONAL GOALS FOR EDUCATION, EMPLOYMENT, RELATIONSHIPS, HEALTH AND WELLNESS, LEARNING LIFE SKILLS AND STABLE HOUSING.
Expenses $2,141,043 · Revenue $6,173
-
SEE SCHEDULE OIN AVENUES FOR YOUTH'S CONNEQT HOST HOME PROGRAM MEMBERS OF THE COMMUNITY OPEN THEIR HOMES TO YOUTH EXPERIENCING HOMELESSNESS. THE PROGRAM IS A COMMUNITY AND VOLUNTEER-BASED INITIATIVE THAT MATCHES YOUTH EXPERIENCING HOMELESSNESS AGES 16 - 24 WITH VOLUNTEERS IN THE COMMUNITY RECRUITED, SCREENED AND TRAINED BY AVENUES. YOUTH MAY STAY WITH COMMUNITY MEMBERS FOR A FEW NIGHTS OR UP TO A YEAR.CONNEQT SUPPORTS YOUTH WHO IDENTIFY AS GAY, LESBIAN, BISEXUAL, TRANSGENDER AND QUEER. THEIR HOSTS ARE LGBTQ THEMSELVES OR ALLIES. THE PROCESS OF MATCHING YOUTH AND COMMUNITY MEMBERS IS YOUTH-DRIVEN. WHILE LIVING WITH COMMUNITY MEMBERS, YOUTH RECEIVE ALL BASIC NEEDS AND HAVE THE OPPORTUNITY TO WORK WITH THEIR CASE MANAGER AND OTHER SPECIALISTS ON OUR TEAM TO IDENTIFY AND ADDRESS THEIR LONGER-TERM PERSONAL GOALS. THE HOSTING ARRANGEMENT IS OFTEN LIFE-CHANGING, BOTH FOR COMMUNITY MEMBERS AND YOUTH. THE OVERALL GOAL IS TO PROVIDE YOUTH EXPERIENCING HOMELESSNESS WITH THE STABILITY, SUPPORT AND COACHING THEY NEED SO, WHEN THEY LEAVE THE COMMUNITY MEMBERS' HOMES, THEY HAVE A VISION FOR THEIR FUTURE AND ARE BUILDING THE SKILLS AND RELATIONSHIPS NEEDED TO PURSUE THAT VISION. SIMULTANEOUSLY, WE ARE FOSTERING CONNECTIONS AND BUILDING COMMUNITY. DURING FY25, CONNEQT SUPPORTED TEN YOUNG PEOPLE IN HOST HOMES. ONE YOUTH MOVED OUT DURING THE YEAR, INTO THEIR OWN STABLE LIVING ARRANGEMENTS. ANOTHER 31 LGBTQ-IDENTIFIED YOUTH RECEIVED INTENSIVE CASE MANAGEMENT SUPPORT BUT DID NOT LIVE IN HOST HOMES DURING FY25. ADDITIONALLY, 54 YOUTH RECEIVED SUPPORT THROUGH DROP-IN AND OUTREACH.
Expenses $300,994 · Grants $2,218
-
SEE SCHEDULE OAVENUES FOR YOUNG FAMILIES RAPID REHOUSING PROGRAMAVENUES FOR YOUNG FAMILIES SUPPORTS HOMELESS-YOUTH LED FAMILIES. THIS "RAPID REHOUSING PROGRAM" SUPPORTS YOUTH-LED FAMILIES BY HELPING THEM LOCATE AN APARTMENT IN THE COMMUNITY, PROVIDING TEMPORARY RENT SUBSIDIES AND WRAPPING COMPREHENSIVE SERVICES AROUND THE ENTIRE FAMILY TO GIVE THEM A STRONG START TOWARD INDEPENDENT LIVING. RENT SUBSIDIES ARE PROVIDED BY A GRANTS FROM THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND THE STATE OF MINNESOTA'S HOMELESS YOUTH ACT (HYA). THE ADDITION OF HYA FUNDING IN FY24 ALLOWED AVENUES TO DOUBLE THE SIZE OF THE PROGRAM. AVENUES NOW WORKS WITH 24 YOUNG FAMILIES AT A TIME, UP FROM 12 YOUNG FAMILIES. DURING FY25, AVENUES SUPPORTED 32 YOUNG FAMILIES, INCLUDING A TOTAL OF 33 ADULTS AND 48 CHILDREN. OF THE ELEVEN HOUSEHOLDS WHO EXITED THE PROGRAM, 100% ACHIEVED STABLE HOUSING. THIS WAS THE THIRD YEAR IN A ROW THAT 100% OF YOUTH-HEADED HOUSEHOLDS ACHIEVED STABLE HOUSING UPON LEAVING THE PROGRAM.
Expenses $718,697 · Grants $284,321
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
PAUL BLOM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
SHAWN SORRELL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
COREY FALLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RACHELLE HAROLDSON PHD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
SAM BLACKWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDY SYBILRUD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
KRISTIN GAARDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RUSS HEILBRUN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHERI JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JESSE ROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN SAUNDERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JENNA SHERMOEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER SPEAGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMY MOSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALFRED WALKING BULL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RUBEN VAZQUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KATHERINE MEERSE
EXECUTIVE DIRECTOR
- Total calculated
- $158,132
- From this org
- $144,483
- From related orgs
- $0
- Other
- $13,649
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $144,483
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $13,649
- Filer's total
- $158,132
-
RACHEL HATCH
ASSOCIATE EXECUTIVE DIRECTOR
- Total calculated
- $125,132
- From this org
- $110,670
- From related orgs
- $0
- Other
- $14,462
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AVENUES REAL ESTATE HOLDING COMPANY
501(C)(3) · REAL ESTATE · MN
Directly controlled by AVENUES FOR YOUTH
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630899349301183
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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