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Nonprofiteer
← YOUNG INVINCIBLES

Form 990 for tax year 2023

Filed by YOUNG INVINCIBLES.

Totals

Total revenue
$7,840,574
Total expenses
$7,162,547
Contributions and grants received
$7,274,870
Grants paid
$47,735
Program service revenue
$261,648
Investment income
$3,332
Other revenue
$300,724
Total assets, end of year
$6,844,596
Total liabilities, end of year
$697,757
Net assets or fund balances, end of year
$6,146,839
Program services expenses (Part IX)
$5,916,920
Management and general expenses
$840,181
Fundraising expenses
$405,446
Program service expenses (Part III)
$5,916,920

Program services were 82.6% 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.

  • 1e · Government grants (contributions)

    $1,425,826

  • 1f · All other contributions, gifts and grants

    $5,849,044

  • 2a · Program service revenue: FEES FOR SERVICES

    total $261,648 · related or exempt $261,648

  • 3 · Investment income

    total $3,332 · excluded $3,332

  • 11d · All other revenue

    total $300,724 · excluded $300,724

  • 11e · Other revenue, total

    $300,724

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $30,000 · program services $30,000

  • 2 · Grants to domestic individuals

    total $17,735 · program services $17,735

  • 5 · Compensation of officers, directors and key employees

    total $427,012 · program services $350,150 · management and general $51,241 · fundraising $25,621

  • 7 · Other salaries and wages

    total $3,999,805 · program services $3,279,840 · management and general $479,976 · fundraising $239,989

  • 8 · Pension plan contributions

    total $150,543 · program services $123,445 · management and general $18,065 · fundraising $9,033

  • 9 · Other employee benefits

    total $437,069 · program services $358,397 · management and general $52,448 · fundraising $26,224

  • 10 · Payroll taxes

    total $389,514 · program services $319,401 · management and general $46,742 · fundraising $23,371

  • 11c · Fees: accounting

    total $59,355 · management and general $59,355

  • 11g · Fees: other

    total $453,364 · program services $420,430 · management and general $2,171 · fundraising $30,763

  • 12 · Advertising and promotion

    total $71,985 · program services $61,163 · management and general $10,370 · fundraising $452

  • 13 · Office expenses

    total $47,566 · program services $39,002 · management and general $5,710 · fundraising $2,854

  • 14 · Information technology

    total $185,016 · program services $149,156 · management and general $23,181 · fundraising $12,679

  • 16 · Occupancy

    total $258,336 · program services $211,836 · management and general $31,000 · fundraising $15,500

  • 17 · Travel

    total $200,376 · program services $174,138 · management and general $22,032 · fundraising $4,206

  • 19 · Conferences, conventions and meetings

    total $228,744 · program services $213,202 · management and general $13,155 · fundraising $2,387

  • 20 · Interest

    total $407 · program services $334 · management and general $49 · fundraising $24

  • 22 · Depreciation, depletion and amortization

    total $32,007 · program services $26,246 · management and general $3,841 · fundraising $1,920

  • 23 · Insurance

    total $82,085 · program services $67,310 · management and general $9,850 · fundraising $4,925

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $89,526 · program services $73,411 · management and general $10,743 · fundraising $5,372

  • 24e · All other expenses

    total $2,102 · program services $1,724 · management and general $252 · fundraising $126

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,565,821 · end of year $2,839,227

  • 2 · Savings and temporary cash investments

    beginning of year $2,758,968 · end of year $1,411,652

  • 3 · Pledges and grants receivable

    beginning of year $1,428,077 · end of year $1,749,313

  • 4 · Accounts receivable

    beginning of year $65,000 · end of year $105,403

  • 9 · Prepaid expenses and deferred charges

    beginning of year $63,801 · end of year $81,757

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

    $9,251

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

    $9,251

  • 10c · Land, buildings and equipment, net

    beginning of year $863 · end of year $0

  • 13 · Investments: program-related

    beginning of year $245,832 · end of year $141,814

  • 14 · Intangible assets

    beginning of year $120,676 · end of year $89,532

  • 15 · Other assets

    beginning of year $581,565 · end of year $425,898

  • 17 · Accounts payable and accrued expenses

    beginning of year $339,828 · end of year $261,561

  • 19 · Deferred revenue

    beginning of year $355,796 · end of year $0

  • 25 · Other liabilities

    beginning of year $562,150 · end of year $436,196

  • 27 · Net assets without donor restrictions

    beginning of year $1,812,586 · end of year $1,900,088

  • 28 · Net assets with donor restrictions

    beginning of year $3,760,243 · end of year $4,246,751

Mission and programs · 2023

Mission

YOUNG INVINCIBLES' MISSION IS TO AMPLIFY THE VOICES OF YOUNG ADULTS IN THE POLITICAL PROCESS AND EXPAND ECONOMIC OPPORTUNITY FOR OUR GENERATION.

  • OUR HEALTH CARE PROGRAM FOCUSES ON INCREASING ACCESS TO QUALITY HEALTH INSURANCE COVERAGE AND ENSURING YOUNG PEOPLE HAVE THE TOOLS TO OBTAIN THE CARE THEY NEED. WE DO THIS THROUGH A VARIETY OF OUTREACH CHANNELS INCLUDING COMMUNITY WORKSHOPS ON HEALTH COVERAGE, TRAINING PARTNER ORGANIZATIONS ABOUT HOW TO REACH YOUNG ADULTS, PROVIDING ONLINE INFORMATION ON OUR WEBSITE AND OVER SOCIAL MEDIA, AND DEVELOPING INNOVATIVE DIGITAL APPLICATIONS TO HELP CONSUMERS MAKE HEALTH CARE CHOICES. IN ADDITION TO OUR OUTREACH PROGRAM, WE ALSO ENGAGE IN POLICY RESEARCH, DEVELOP POLICY SOLUTIONS THAT INCREASE ACCESS TO QUALITY COVERAGE, EDUCATION THE PUBLIC ABOUT THESE SOLUTIONS, AND ADVOCATE FOR REFORMS.

    Expenses $2,011,436 · Grants $47,735 · Revenue $29,196

  • OUR HIGHER EDUCATION PROGRAM ADDRESSES MAJOR HIGHER EDUCATION CHALLENGES SUCH AS AFFORDABILITY, ACCESS, COMPLETION, AND STUDENT LOAN REPAYMENT. OUR HIGHER EDUCATION AGENDA IS BUILT FROM CONVERSATIONS WITH STUDENT LEADERS, SURVEYS, POLLING, DATA RESEARCH, AND POLICY ANALYSIS. WE ENGAGE AND TRAIN STUDENTS AROUND THE COUNTRY IMPACTED BY THESE ISSUES TO BECOME LEADERS, EDUCATION THE PUBLIC ABOUT CHALLENGE AND OPPORTUNITIES IN HIGHER EDUCATION, AND ADVOCATE FOR REFORMS.

    Expenses $1,701,329 · Revenue $28,500

  • OUR SPECIAL PROJECTS PROGRAM CREATES UNIQUE PARTNERSHIPS FOCUSED ON BUILDING NEW WAYS OF REACHING YOUNG ADULTS, OFTEN THROUGH NEW RESOURCES OR NEW TECHNOLOGIES FOR OUR PROJECTS. THESE HAVE RANGED FROM CREATING MOBILE APPLICATIONS, TO TRAINING PARTNERS ON YOUTH ENGAGEMENT, TO CONDUCTING NEW RESEARCH ON BEST PRACTICES IN YOUTH ENGAGEMENT. THE TOPICS CUT ACROSS ALL OUR CORE AREAS, FROM HEALTH CARE, TO WORKFORCE, TO EDUCATION.

    Expenses $1,611,320 · Revenue $101,290

  • OUR WORKFORCE AND FINANCES PROGRAM ENCOMPASSES A BROAD RANGE OF ISSUES INCLUDING WORKFORCE SKILLS, FINANCIAL SECURITY, JOB QUALITY, AND ENTREPRENEURSHIP. NATIONALLY, THE PROGRAM HAS FOCUSED ON RESEARCH PROJECTS TO UNDERSTAND THE UNIQUE ECONOMIC CHALLENGES FACING THE MILLENNIAL AND GENZ GENERATION. ON THE STATE LEVEL, WE HAVE LED A SERIES OF FOCUS GROUPS AND LISTENING SESSIONS WITH YOUNG PEOPLE PRIMARILY FROM UNDERREPRESENTED COMMUNITIES TO SHARE THE BARRIERS THEY FACE TO ACHIEVING QUALITY JOBS. THESE CONVERSATIONS HAVE INFORMED OUR RESEARCH AGENDA, AND EFFORTS TO ADVANCE REFORMS IN POLICY AND PRACTICE WITH A PARTICULAR FOCUS ON APPRENTICESHIP.

    Expenses $493,742 · Revenue $11,500

  • YI ADVISORS IS A FULL-SERVICE SOCIAL IMPACT FIRM SPECIALIZING IN YOUNG ADULTS. AS THE CONSULTING ARM OF YOUNG INVINCIBLES - THE NATION'S LARGEST YOUTH ADVOCATE ORGANIZATION - WE OFFER A FULL RANGE OF SERVICES TO REACH, ACTIVATE, AND SERVE OUR GENERATION.

    Expenses $89,327 · Revenue $90,511

  • FOR MORE THAN A DECADE, YI HAS BUILT A HYBRID APPROACH TO ENGAGEMENT AND ORGANIZING; ONE THAT BLENDS DEEP LEADERSHIP TRAINING AND PERSONAL GROWTH EXPERIENCES WITH BROADER GRASSROOTS ADVOCACY ACTIVITIES. OUR RELATIONSHIPS WITH YOUNG PEOPLE ARE AUTHENTIC, MEANINGFUL, AND RICH, AND THAT TRANSLATES INTO A POWERFUL FOUNDATION FOR BUILDING PERSONAL POWER AND AGENCY. THE YOUNG ADVOCATES PROGRAM IS A PAID LEADERSHIP PROGRAM DEVELOPED BY YOUNG INVINCIBLES CURRENTLY RUNNING IN COLORADO, CALIFORNIA, ILLINOIS, NEW YORK, AND TEXAS. YOUNG ADVOCATES WORK WITH OUR TEAMS TO STRENGTHEN THE VOICES OF YOUNG PEOPLE ACROSS OUR ISSUE AREAS. THIS INCLUDES OVERSEEING ON-THE-GROUND AND DIGITAL ORGANIZING, SUCH AS PLANNING STATE AND LOCAL EVENTS, INCLUDING VIRTUAL EVENTS, TO EDUCATE AND FACILITATE DISCUSSIONS ON PRESSING ISSUES AFFECTING THEIR GENERATION. THEY HAVE THE OPPORTUNITY TO WORK WITH OUR POLICY TEAM TO RESEARCH AND PROPOSE SOLUTIONS TO SOME OF THESE CHALLENGES AND TO WORK WITH OUR COMMUNICATIONS TEAM TO AMPLIFY THEIR STORIES AND MESSAGES.

    Expenses $9,766 · Revenue $651

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Julian Haynes

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Amanda Martinez

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kernard Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gia Suggs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Leonna Spilman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Kim Krouse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Victoria Suarez-Palomo

    DIRECTOR (THRU 10/2023)

    Total calculated
    $0
    Hours/week
    1
  • Kristin McGuire

    EXECUTIVE DIRECTOR

    Total calculated
    $280,677
    From this org
    $258,160
    From related orgs
    $0
    Other
    $22,517
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,175
    Bonus
    $11,985
    Other
    $0
    Deferred
    $12,074
    Nontaxable benefits
    $10,443
    Filer's total
    $280,677
  • Tremayne Jackson

    SENIOR DIRECTOR OF FINANCE

    Total calculated
    $146,335
    From this org
    $132,414
    From related orgs
    $0
    Other
    $13,921
    Hours/week
    40
  • Sean Henry Miller

    NORTHEAST REGION DIRECTOR

    Total calculated
    $114,224
    From this org
    $106,135
    From related orgs
    $0
    Other
    $8,089
    Hours/week
    40
  • Dyonicia Brown

    DEPUTY EXECUTIVE DIRECTOR

    Total calculated
    $169,764
    From this org
    $157,414
    From related orgs
    $0
    Other
    $12,350
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,414
    Bonus
    $0
    Other
    $0
    Deferred
    $5,547
    Nontaxable benefits
    $6,803
    Filer's total
    $169,764
  • Katherine Londen

    COMMUNICATIONS DIRECTOR

    Total calculated
    $130,563
    From this org
    $112,503
    From related orgs
    $0
    Other
    $18,060
    Hours/week
    40
  • Goldie Gider

    SENIOR DIRECTOR OF DEVELOPMENT

    Total calculated
    $172,895
    From this org
    $156,910
    From related orgs
    $0
    Other
    $15,985
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,410
    Bonus
    $7,500
    Other
    $0
    Deferred
    $7,451
    Nontaxable benefits
    $8,534
    Filer's total
    $172,895
  • Aurora Harris

    SENIOR DIRECTOR OF REGIONAL STRATEGY

    Total calculated
    $149,082
    From this org
    $134,283
    From related orgs
    $0
    Other
    $14,799
    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

  • 3 · Approval by the board or compensation committee

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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • YI ADVISORS INC

    C · CONSULTING SERVICES · DC · 100% owned · share of assets $55,824 · controlled entity

    Directly controlled by YOUNG INVINCIBLES

Provenance

Return type
form_990
Tax year
2023
Filed
30 September 2024
IRS schema version
2023v5.1
Source object
202442749349301104

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