Skip to content
Nonprofiteer
← LOST BOYZ INC

Form 990 for tax year 2023

Filed by LOST BOYZ INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 8 August 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$1,440,113 changed to $1,518,940
Total expenses
$1,829,455 changed to $1,993,507
Contributions and grants received
$1,426,524 changed to $1,479,728
Program service revenue
$12,939 changed to $38,562
Total assets, end of year
$350,838 changed to $252,902
Total liabilities, end of year
$270,672 changed to $257,963
Net assets or fund balances, end of year
$80,166 changed to -$5,061
Program services expenses
$1,381,960 changed to $1,488,756
Management and general expenses
$447,495 changed to $504,751
Program service expenses (Part III)
$1,381,960 changed to $1,488,756

Totals

Total revenue
$1,440,113
Total expenses
$1,829,455
Contributions and grants received
$1,426,524
Grants paid
$0
Program service revenue
$12,939
Investment income
$0
Other revenue
$650
Total assets, end of year
$350,838
Total liabilities, end of year
$270,672
Net assets or fund balances, end of year
$80,166
Program services expenses (Part IX)
$1,381,960
Management and general expenses
$447,495
Fundraising expenses
$0
Program service expenses (Part III)
$1,381,960

Program services were 75.5% 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)

    $1,123,028

  • 1f · All other contributions, gifts and grants

    $303,496

  • 2a · Program service revenue: CONCESSION STAND

    total $12,939 · related or exempt $12,939

  • 6a · Gross rents

    real property $650

  • 6c · Rental income or loss

    real property $650

  • 6d · Net rental income or loss

    total $650

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $102,490 · program services $40,996 · management and general $61,494

  • 7 · Other salaries and wages

    total $679,828 · program services $584,858 · management and general $94,970

  • 8 · Pension plan contributions

    total $29,272 · management and general $29,272

  • 9 · Other employee benefits

    total $12,847 · program services $10,278 · management and general $2,569

  • 10 · Payroll taxes

    total $44,015 · program services $30,607 · management and general $13,408

  • 11a · Fees: management

    total $223,579 · program services $223,579

  • 11c · Fees: accounting

    total $36,955 · management and general $36,955

  • 11g · Fees: other

    total $163,868 · program services $163,868

  • 12 · Advertising and promotion

    total $12,573 · program services $12,573

  • 13 · Office expenses

    total $104,694 · management and general $104,694

  • 16 · Occupancy

    total $134,843 · program services $93,344 · management and general $41,499

  • 17 · Travel

    total $74,041 · program services $62,774 · management and general $11,267

  • 19 · Conferences, conventions and meetings

    total $16,301 · program services $16,301

  • 20 · Interest

    total $170 · management and general $170

  • 22 · Depreciation, depletion and amortization

    total $37,045 · program services $29,636 · management and general $7,409

  • 23 · Insurance

    total $84,712 · program services $67,769 · management and general $16,943

  • 24a · Other expenses: BAD DEBT

    total $17,188 · management and general $17,188

  • 24b · Other expenses: TAXES & LICENSES

    total $5,144 · management and general $5,144

  • 24c · Other expenses: CHARITABLE CONTRIBUTIONS

    total $3,148 · management and general $3,148

  • 24d · Other expenses: UNIFORMS & EQUIPMENT

    total $45,377 · program services $45,377

  • 24e · All other expenses

    total $1,365 · management and general $1,365

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $155,397 · end of year $140,536

  • 3 · Pledges and grants receivable

    beginning of year $319,507 · end of year $115,800

  • 5 · Loans and receivables from officers and key people

    end of year $13,360

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,484 · end of year $2,267

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

    $3,747

  • 10c · Land, buildings and equipment, net

    beginning of year $16,617 · end of year $3,747

  • 15 · Other assets

    beginning of year $116,492 · end of year $75,128

  • 17 · Accounts payable and accrued expenses

    beginning of year $78,721 · end of year $24,978

  • 19 · Deferred revenue

    end of year $166,211

  • 25 · Other liabilities

    beginning of year $68,270 · end of year $79,483

  • 27 · Net assets without donor restrictions

    beginning of year $469,506 · end of year $80,166

Mission and programs · 2023

Mission

TO DECREASE VIOLENCE, IMPROVE SOCIAL AND EMOTIONAL CONDITIONS, AND PROVIDE FINANCIAL OPPORTUNITIES AMONG YOUTH IN CHICAGO'S SOUTH SHORE COMMUNITY.

Activities or mission (Part I)

TO DECREASE VIOLENCE IMPROVE SOCIAL AND FINANCIAL CONDITIONS THROUGH SPORTSBASED YOUTH DEVELOPMENT

  • THE ORGANIZATION PROVIDES SPORTS-BASED YOUTH DEVELOPMENT TO HELP BOYS AND GIRLS IN CHICAGO'S UNDER-RESOURCED NEIGHBORHOODS.

    Expenses $1,381,960

As filed on the 2023 return.

Listed in Part VII

  • Ivy Ellis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Pamela Veal

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Francese Rockman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Pharlone Touissant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Oreal James

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Wayne Knox

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Charlie Woodige

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dr Mark Stearnes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Lavonte A Stewart Sr

    EXECUTIVE DIRECTOR

    Total calculated
    $102,490
    From this org
    $102,490
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

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
2023
Filed
10 May 2025
IRS schema version
2023v6.0
Source object
202511309349300021

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.