Form 990 for tax year 2023
Filed by CAPITAL YOUTH EMPOWERMENT PROGRAM.
Totals
- Total revenue
- $1,907,913
- Total expenses
- $1,715,452
- Contributions and grants received
- $2,041,151
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $36
- Other revenue
- -$133,274
- Total assets, end of year
- $518,722
- Total liabilities, end of year
- $143,551
- Net assets or fund balances, end of year
- $375,171
- Program services expenses (Part IX)
- $1,297,799
- Management and general expenses
- $406,895
- Fundraising expenses
- $10,758
- Program service expenses (Part III)
- $1,297,800
Program services were 75.7% 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.
-
1c · Fundraising events
$97,038
-
1e · Government grants (contributions)
$1,408,817
-
1f · All other contributions, gifts and grants
$535,296
-
3 · Investment income
total $36 · related or exempt $36
-
8a · Fundraising events: contributions included on line 1c
$97,038
-
8b · Fundraising events: direct expenses
$133,274
-
8c · Net income from fundraising events
total -$133,274
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $334,680 · program services $334,680
-
7 · Other salaries and wages
total $628,581 · program services $628,581
-
8 · Pension plan contributions
total $8,410 · program services $7,660 · management and general $750
-
9 · Other employee benefits
total $134,894 · program services $129,757 · management and general $5,137
-
10 · Payroll taxes
total $66,817 · program services $66,817
-
11a · Fees: management
total $9,999 · management and general $9,999
-
11c · Fees: accounting
total $54,712 · management and general $54,712
-
11e · Fees: professional fundraising services
total $7,500 · fundraising $7,500
-
11g · Fees: other
total $126,301 · program services $32,912 · management and general $91,389 · fundraising $2,000
-
12 · Advertising and promotion
total $2,294 · management and general $2,294
-
13 · Office expenses
total $18,624 · program services $3,399 · management and general $15,225
-
14 · Information technology
total $58,154 · program services $878 · management and general $57,168 · fundraising $108
-
16 · Occupancy
total $74,878 · management and general $74,878
-
17 · Travel
total $19,548 · program services $8,049 · management and general $11,499
-
19 · Conferences, conventions and meetings
total $20,543 · management and general $20,543
-
20 · Interest
total $18,417 · management and general $18,417
-
22 · Depreciation, depletion and amortization
total $4,784 · management and general $4,784
-
23 · Insurance
total $6,115 · management and general $6,115
-
24a · Other expenses: Payroll Fees
total $11,803 · program services $4,331 · management and general $7,472
-
24b · Other expenses: Business Fees
total $897 · management and general $897
-
24c · Other expenses: Bank and Merchant Fees
total $1,390 · management and general $240 · fundraising $1,150
-
24d · Other expenses: Supplies and Materials
total $6,263 · program services $4,252 · management and general $2,011
-
24e · All other expenses
total $99,848 · program services $76,483 · management and general $23,365
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $123,651 · end of year $277,011
-
4 · Accounts receivable
beginning of year $119,985 · end of year $226,886
-
10a · Land, buildings and equipment: cost or other basis
$26,785
-
10b · Land, buildings and equipment: accumulated depreciation
$12,291
-
10c · Land, buildings and equipment, net
beginning of year $19,278 · end of year $14,494
-
15 · Other assets
end of year $331
-
17 · Accounts payable and accrued expenses
beginning of year $6,511 · end of year $13,420
-
19 · Deferred revenue
end of year $110,000
-
22 · Loans and payables to officers and key people
beginning of year $35,000
-
24 · Unsecured notes and loans payable
beginning of year $168,978 · end of year $20,131
-
27 · Net assets without donor restrictions
beginning of year $52,425 · end of year $375,171
Mission and programs · 2023
Mission
CYEP promotes equity for underserved people through social skill development and economic mobility.
Activities or mission (Part I)
CYEP promotes equity for underserved people through social skill development and economic mobility
-
Fathers in Tech is primarily funded with a grant from the US Department of Health and Human Services (HHS)- The Fatherhood FIRE grant funds projects that integrate robust economic stability services healthy marriage education, and activities designed to foster responsible parenting. CYEP also serves fathers who are within nine months of release from incarceration and who intend to return to communities and families. Fathers in Tech provides workforce development opportunities to assist these men become providers for their families.
Expenses $986,470 · Revenue $1,149,344
-
Project Success is how we engage with youth to better promote positive youth empowerment and healthy lifestyle choices for students through youth development programs. CYEP wants to ensure we provide our youth training programs that will help them achieve their goals and become successful, productive adults. Project Success addresses a variety of topics and subject matter which include teen pregnancy prevention, domestic violence prevention, STEM, mental health awareness and social and emotional learning.
Expenses $311,330 · Revenue $401,927
As filed on the 2023 return.
Listed in Part VII
-
Walter Barnes IIIWALTER BARNES III
CHAIRMAN
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Jonathan JohnsonJONATHAN JOHNSON
DIRECTOR
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Darrell McGrawDARRELL MCGRAW
TREASURER
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Blake CovingtonBLAKE COVINGTON
DIRECTOR
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Todd GibbTODD GIBB
DIRECTOR
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Erick KingERICK KING
EXECUTIVE DIRECTOR
- Total calculated
- $231,000
- From this org
- $231,000
- From related orgs
- $0
- Other
- $0
Schedule J breakdown matched by us
- Base
- $231,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $231,000
-
Isaac KingISAAC KING
COO
- Total calculated
- $103,680
- From this org
- $103,680
- From related orgs
- $0
- Other
- $0
Schedule J breakdown matched by us
- Base
- $103,680
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $103,680
-
Peggy FoxPEGGY FOX
DIRECTOR
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Todd RowleyTODD ROWLEY
DIRECTOR
- Total calculated
- $0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412509349301801
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