Totals
- Total revenue
- $191,105
- Total expenses
- $135,083
- Contributions and grants received
- $189,009
- Grants paid
- $0
- Program service revenue
- $38,500
- Investment income
- $0
- Other revenue
- -$36,404
- Total assets, end of year
- $66,630
- Total liabilities, end of year
- $850
- Net assets or fund balances, end of year
- $65,780
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $135,083
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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)
$139,006
-
1f · All other contributions, gifts and grants
$50,003
-
2a · Program service revenue: Blue Hills Civic
total $5,000 · related or exempt $5,000
-
2b · Program service revenue: Prosperity
total $15,000 · related or exempt $15,000
-
2c · Program service revenue: Summer Youth Employment
total $7,500 · related or exempt $7,500
-
2d · Program service revenue: Guardian Angel Found
total $6,000 · related or exempt $6,000
-
2e · Program service revenue: Launch Hartford
total $5,000 · related or exempt $5,000
-
10b · Cost of goods sold
$38,904
-
10c · Net income from sales of inventory
total -$38,904 · related or exempt -$38,904
-
11a · Other revenue: West Indian Foundation
total $3,500 · related or exempt $3,500
-
11b · Other revenue: Refund
total -$1,000 · related or exempt -$1,000
-
11e · Other revenue, total
$2,500
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $68,115 · management and general $68,115
-
11g · Fees: other
total $31,153 · management and general $31,153
-
12 · Advertising and promotion
total $152 · management and general $152
-
13 · Office expenses
total $1,028 · management and general $1,028
-
14 · Information technology
total $1,028 · management and general $1,028
-
16 · Occupancy
total $23,670 · management and general $23,670
-
23 · Insurance
total $3,406 · management and general $3,406
-
24a · Other expenses: Bank
total $3 · management and general $3
-
24b · Other expenses: Cleaning
total $180 · management and general $180
-
24c · Other expenses: Furniture
total $200 · management and general $200
-
24d · Other expenses: License and Registration
total $50 · management and general $50
-
24e · All other expenses
total $6,098 · management and general $6,098
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,935 · end of year $41,447
-
10a · Land, buildings and equipment: cost or other basis
$25,183
-
10c · Land, buildings and equipment, net
beginning of year $25,183 · end of year $25,183
-
17 · Accounts payable and accrued expenses
beginning of year $23,360 · end of year $850
-
31 · Retained earnings, endowment or other funds
beginning of year $9,758 · end of year $65,780
Mission and programs · 2022
Mission
As the only community technology and entrepreneurship incubator in New England for urban youth and their families, were proudly a mult cultural, multi generational, youth centered, and expert led community nonprofit organization.
-
Teenprenuers: Our programs for teens and young adults, ages 14-19, and Opportunity Youth, ages 16 - 24, are offered during after school hours as a school to career enrichment program for students interested in careers in digital media and technology. In 2022, the funders included City of Hartford. Getting Ahead: Financial Empowerment Workshops: Our Getting Ahead workshop series is a financial literacy and financial empowerment program that helps individuals struggling with financial instability receive the knowledge, guidance, and resources they need to address their situations and take action. Sole Funder United Way. Annual Youth Business Summit: Now in its fifth year, the summitt showcases students businesses in a one day event that gives youth and teens an opportunity to present their ideas Shark Tank style before a panel of judges and compete for cash prizes and scholarships. Funders were West Indian Foundation and Launch Hartford.
Revenue $8,500
As filed on the 2022 return.
Listed in Part VII
-
Alice TurnerALICE TURNER
Executive Director
- Total calculated
- $0
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 19 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410919349300261
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