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Nonprofiteer
← YOUNG MAN WITH A PLAN INC

Form 990 for tax year 2024

Filed by YOUNG MAN WITH A PLAN INC.

Totals

Total revenue
$1,229,458
Total expenses
$1,403,701
Contributions and grants received
$1,206,426
Grants paid
$0
Program service revenue
$0
Investment income
$23,032
Other revenue
$0
Total assets, end of year
$1,511,770
Total liabilities, end of year
$397,628
Net assets or fund balances, end of year
$1,114,142
Program services expenses (Part IX)
$919,748
Management and general expenses
$171,579
Fundraising expenses
$312,374
Program service expenses (Part III)
$919,748

Program services were 65.5% 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)

    $35,000

  • 1f · All other contributions, gifts and grants

    $1,171,426

  • 3 · Investment income

    total $23,032 · excluded $23,032

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $202,805 · program services $202,805

  • 7 · Other salaries and wages

    total $674,146 · program services $376,344 · management and general $59,720 · fundraising $238,082

  • 9 · Other employee benefits

    total $84,364 · program services $54,508 · management and general $5,621 · fundraising $24,235

  • 10 · Payroll taxes

    total $65,289 · program services $47,695 · management and general $4,918 · fundraising $12,676

  • 11b · Fees: legal

    total $3,253 · management and general $3,253

  • 11g · Fees: other

    total $75,623 · management and general $75,623

  • 12 · Advertising and promotion

    total $4,481 · program services $4,446 · fundraising $35

  • 14 · Information technology

    total $13,362 · program services $5,020 · management and general $4,317 · fundraising $4,025

  • 16 · Occupancy

    total $119,099 · program services $78,903 · management and general $8,188 · fundraising $32,008

  • 17 · Travel

    total $34,618 · program services $34,413 · fundraising $205

  • 19 · Conferences, conventions and meetings

    total $9,290 · program services $8,986 · management and general $304

  • 22 · Depreciation, depletion and amortization

    total $8,154 · program services $7,009 · management and general $233 · fundraising $912

  • 24a · Other expenses: STAFF RECRUITMENT AND D

    total $54,419 · program services $54,375 · management and general $44

  • 24b · Other expenses: PROGARM EXPENSE

    total $40,369 · program services $39,961 · management and general $408

  • 24c · Other expenses: ADMINISTRATIVE COSTS

    total $14,429 · program services $5,283 · management and general $8,950 · fundraising $196

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $437,191 · end of year $584,727

  • 2 · Savings and temporary cash investments

    end of year $70,000

  • 3 · Pledges and grants receivable

    beginning of year $814,268 · end of year $445,563

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,113 · end of year $4,071

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

    $47,607

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

    $12,589

  • 10c · Land, buildings and equipment, net

    beginning of year $41,078 · end of year $35,018

  • 15 · Other assets

    beginning of year $469,561 · end of year $372,391

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,100 · end of year $31,950

  • 25 · Other liabilities

    beginning of year $455,726 · end of year $365,678

  • 27 · Net assets without donor restrictions

    beginning of year $474,117 · end of year $477,154

  • 28 · Net assets with donor restrictions

    beginning of year $814,268 · end of year $636,988

Mission and programs · 2024

Mission

TO HELP YOUNG MEN "IN THE MIDDLE" MAKE ACADEMIC AND SOCIAL EMOTIONAL LEARNING GAINS AND ACCESS SUBSTAINABLE FUTURES. YMWP CREATES A NEW CULTURE OF BROTHERHOOD, RESPECT, AND ASPIRATION FOR BOSTON'S BLACK AND LATINO TEENS TO HELP THEM ACHIEVE COLLEGE, CAREER AND LIFE SUCCESS.

  • YOUNG MAN WITH A PLAN (YMWAP) (THE ORGANIZATION) DELIVERS HOLISTIC MENTORING THAT HELPS OVER 250 YOUNG BLACK AND LATINO MEN IN BOSTON MAKE ACADEMIC AND SOCIAL-EMOTIONAL GAINS AND ACCESS SUSTAINABLE FUTURES. WE ACHIEVE THIS THROUGH RESEARCH-INFORMED STRATEGIES OF CONNECTING YOUTH TO CARING ADULTS; STRENGTHENING YOUTH ACADEMIC, SOCIAL EMOTIONAL, AND FINANCIAL LITERACY SKILLS; INDIVIDUALIZED SUCCESS PLANNING; QUALITY PARTNERSHIPS; AND CREATING A PROTECTIVE COMMUNITY.

    Expenses $919,748

As filed on the 2024 return.

Listed in Part VII

  • Dr Jaykyri Simpson

    EXECUTIVE DIRECTOR

    Total calculated
    $211,965
    From this org
    $202,288
    From related orgs
    $0
    Other
    $9,677
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,288
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $202,288

  • Thabiti Brown

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Shannah Varon

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Nina Ross

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • Zavon Billups

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jennie McDonald-Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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 · Form 990 of other organizations
  • 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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
2 April 2026
IRS schema version
2024v5.5
Source object
202630929349300933

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