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Nonprofiteer
← YOUTH VENTURE INC

Form 990 for tax year 2022

Filed by YOUTH VENTURE INC.

Totals

Total revenue
$2,890,879
Total expenses
$2,763,924
Contributions and grants received
$2,884,247
Grants paid
$388,380
Program service revenue
$0
Investment income
-$220
Other revenue
$6,852
Total assets, end of year
$1,773,071
Total liabilities, end of year
$71,016
Net assets or fund balances, end of year
$1,702,055
Program services expenses (Part IX)
$2,519,697
Management and general expenses
$54,774
Fundraising expenses
$189,453
Program service expenses (Part III)
$2,519,697

Program services were 91.2% 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.

  • 1f · All other contributions, gifts and grants

    $2,884,247

  • 7b · Less cost or other basis and sales expenses

    other assets $220

  • 7c · Gain or loss

    other assets -$220

  • 7d · Net gain or loss

    total -$220 · related or exempt -$220

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $6,852 · related or exempt $6,852

  • 11e · Other revenue, total

    $6,852

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $68,000 · program services $68,000

  • 2 · Grants to domestic individuals

    total $305,380 · program services $305,380

  • 3 · Grants to foreign organizations and individuals

    total $15,000 · program services $15,000

  • 5 · Compensation of officers, directors and key employees

    total $104,759 · program services $94,283 · management and general $2,095 · fundraising $8,381

  • 7 · Other salaries and wages

    total $310,782 · program services $279,704 · management and general $6,216 · fundraising $24,862

  • 9 · Other employee benefits

    total $32,007 · program services $28,806 · management and general $640 · fundraising $2,561

  • 10 · Payroll taxes

    total $32,103 · program services $28,893 · management and general $642 · fundraising $2,568

  • 11c · Fees: accounting

    total $7,414 · management and general $7,414

  • 11g · Fees: other

    total $972,372 · program services $875,135 · management and general $19,447 · fundraising $77,790

  • 13 · Office expenses

    total $9,405 · program services $8,464 · management and general $188 · fundraising $753

  • 14 · Information technology

    total $4,372 · program services $3,935 · management and general $87 · fundraising $350

  • 16 · Occupancy

    total $1,141 · program services $1,027 · management and general $23 · fundraising $91

  • 17 · Travel

    total $442,642 · program services $398,378 · management and general $8,853 · fundraising $35,411

  • 19 · Conferences, conventions and meetings

    total $3,897 · program services $3,507 · management and general $78 · fundraising $312

  • 22 · Depreciation, depletion and amortization

    total $1,116 · program services $1,005 · management and general $22 · fundraising $89

  • 23 · Insurance

    total $11,932 · program services $10,738 · management and general $239 · fundraising $955

  • 24a · Other expenses: SPECIAL EVENTS

    total $250,212 · program services $225,191 · management and general $5,004 · fundraising $20,017

  • 24b · Other expenses: EVENT SUPPLIES

    total $117,184 · program services $105,465 · management and general $2,344 · fundraising $9,375

  • 24c · Other expenses: EQUIPMENT RENTAL/MAINTE

    total $27,574 · program services $24,817 · management and general $551 · fundraising $2,206

  • 24d · Other expenses: DESIGN FEES

    total $22,916 · program services $20,625 · management and general $458 · fundraising $1,833

  • 24e · All other expenses

    total $23,716 · program services $21,344 · management and general $473 · fundraising $1,899

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $894,494 · end of year $505,339

  • 3 · Pledges and grants receivable

    end of year $97,677

  • 10a · Land, buildings and equipment: cost or other basis

    $10,763

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,436

  • 10c · Land, buildings and equipment, net

    beginning of year $2,172 · end of year $8,327

  • 15 · Other assets

    beginning of year $845,837 · end of year $1,161,728

  • 17 · Accounts payable and accrued expenses

    beginning of year $167,403 · end of year $71,016

  • 27 · Net assets without donor restrictions

    beginning of year $704,578 · end of year $370,788

  • 28 · Net assets with donor restrictions

    beginning of year $870,522 · end of year $1,331,267

Mission and programs · 2022

Mission

YOUTH VENTURE ASSISTS YOUNG PEOPLE IN LAUNCHING THEIR OWN ORGANIZATIONS, OR VENTURES, WHICH BUILDS UP THE LEADERSHIP AND SOCIAL SKILLS OF YOUNG PEOPLE SO THEY ARE BETTER PREPARED TO FACE FUTURE CHALLENGES.

  • MARKETING AND MESSAGE - ENCOURAGING YOUNG PEOPLE TO TAKE THEIR OWN COMMUNITY SERVICE INITIATIVES AND PERSUADING BOTH YOUNG PEOPLE AND ADULTS TO REDEFINE THE YOUTH YEARS AS A TIME OF RESPONSIBILITY.

    Expenses $204,496 · Grants $38,838

  • PROGRAM IMPLEMENTATION - INCLUDES PRODUCT DEVELOPMENT, FELLOWSHIP/NETWORK SUPPORT AND ONLINE/MOBILE STRATEGIES TO ENCOURAGE YOUNG AMERICANS TO START THEIR OWN VENTURE AND HELP THE BROADER SOCIETY BECOME EFFECTIVELY SUPPORTIVE.

    Expenses $893,763 · Grants $135,933

  • PARTNER/VENTURE SUPPORT - PROVIDES WIDE SUPPORT AND SMALL SEED GRANTS TO SUPPORT THE VENTURERS.

    Expenses $1,421,438 · Grants $213,609

As filed on the 2022 return.

Listed in Part VII

  • William Drayton

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Peter Kellner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joe Onek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kyle Zimmer

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Jana Siedlova

    DIRECTOR OF FINANCE

    Total calculated
    $97,853
    From this org
    $97,853
    From related orgs
    $0
    Other
    $0
    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.

Grants 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.

Provenance

Return type
form_990
Tax year
2022
Filed
9 July 2024
IRS schema version
2022v5.0
Source object
202411979349301776

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