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← YOUTH BUSINESS INITIATIVE

Form 990 for tax year 2025

Filed by YOUTH BUSINESS INITIATIVE.

Totals

Total revenue
$300,462
Total expenses
$246,660
Contributions and grants received
$297,467
Grants paid
$0
Program service revenue
$0
Investment income
$2,995
Other revenue
$0
Total assets, end of year
$173,603
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$173,603
Program services expenses (Part IX)
$216,803
Management and general expenses
$29,857
Fundraising expenses
$0
Program service expenses (Part III)
$216,803

Program services were 87.9% 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

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $173,625

  • 1e · Government grants (contributions)

    $115,485

  • 1f · All other contributions, gifts and grants

    $8,357

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $2,995 · related or exempt $0 · unrelated business $0 · excluded $2,995

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $63,917 · program services $53,417 · management and general $10,500

  • 6 · Compensation of disqualified persons

    total $37,483 · program services $37,483

  • 7 · Other salaries and wages

    total $15,320 · program services $15,320

  • 11b · Fees: legal

    total $898 · program services $898

  • 11c · Fees: accounting

    total $3,960 · management and general $3,960

  • 11g · Fees: other

    total $45,215 · program services $45,215

  • 12 · Advertising and promotion

    total $2,754 · program services $2,754

  • 13 · Office expenses

    total $7,449 · program services $2,918 · management and general $4,531

  • 14 · Information technology

    total $1,714 · program services $1,714

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $62,449 · program services $51,583 · management and general $10,866

  • 17 · Travel

    total $797 · program services $797

  • 23 · Insurance

    total $4,704 · program services $4,704

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $110,418 · end of year $165,727

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

    $7,876

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $35,283 · end of year $7,876

  • 17 · Accounts payable and accrued expenses

    beginning of year $0

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $145,701 · end of year $173,603

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

Youth Business Initiative also know as YBI, is committed to empowering underprivileged youth with workforce readiness & business development skills for community development. YBI advances its mission with workforce readiness and business development program initiatives that serve high school students interested in Economics for Youth.

Activities or mission (Part I)

Youth Business Initiative ("YBI") is committed to empowering underprivileged youth with workforce readiness & business development skills for community development. YBI advances its mission with workforce readiness and business development program initiatives that serve high school students interested in Economics for Youth.

  • YAP Youth Advancement Program: YAP engages youth through interactive activities to enable them to reach and expand their potential and exposure to advance in society. Students utilize their creative and critical thinking skills throughout the after school program. We create a unique, open space for children between ages 10-14 to comfortably express themselves. Active mentors serve as program facilitators to build trust with each individual involved by acting as positive role models in a fun-filled environment. After School Program Activities: Arts & crafts Team & Youth Development Games Photography/videography Personal Financial Management Development Mentorship Field trips & more Student group: Middle School

    Expenses $87,809

  • Summer Entrepreneurship 101 Program We train youth in Business Development, Finance & Accounting, Marketing & Branding, Communication and Etiquette, and Public Speaking. Through entrepreneurship sessions, students explore all the options of researching and bringing a business idea to a full business plan. Our students learn basic business terms along with finding their strengths and weaknesses. Students then create their business SWOT Analysis, Mission Statements, Governance, Operations, and Finance structure. We also address professional communication and etiquette. We stress the importance of their first impression in building a business relationship. At the end of the term, students complete in a business competition our version of "Shark Tank" event with community based and sector judges who award business seed money to the student group. Student Group: High School

    Expenses $69,409

  • Workforce Development Program YBI's Workforce Development program shapes the lives of Fairfield County's next generation of leaders from disadvantaged backgrounds with the opportunity to learn professional business etiquette, job skills, resume and career building. Students develop a deeper understanding about the process of developing, obtaining, and maintaining the daily functions in a workplace. Now also located in Stamford. Partnered with C.O.R.N.E.R.S Community. Student group: High School

    Expenses $59,585

As filed on the 2025 return.

Listed in Part VII

  • Dajuan Wiggins

    CEO and Executive Director

    Total calculated
    $80,382
    From this org
    $80,382
    From related orgs
    $0
    Other
    $0
    Hours/week
    45
  • Holley Nia

    Program Staff

    Total calculated
    $20,800
    From this org
    $20,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    20
  • Anthony Wilson

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Darren Felder

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Anamilena Moreno

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Angelique Charon

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Michael Crafter

    Board Chair

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
15 March 2026
IRS schema version
2025v4.0
Source object
202601069349301105

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