Form 990 for tax year 2022
Filed by FAMILY AND YOUTH INITIATIVE INC.
Totals
- Total revenue
- $332,154
- Total expenses
- $335,520
- Contributions and grants received
- $326,275
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $84
- Other revenue
- $5,795
- Total assets, end of year
- $225,442
- Total liabilities, end of year
- -$985
- Net assets or fund balances, end of year
- $226,427
- Program services expenses (Part IX)
- $251,960
- Management and general expenses
- $24,451
- Fundraising expenses
- $59,109
- Program service expenses (Part III)
- $251,960
Program services were 75.1% 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
$48,450
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$277,825
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $84 · related or exempt $84 · unrelated business $0 · excluded $0
-
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: gross income
$10,595
-
8a · Fundraising events: contributions included on line 1c
$48,450
-
8b · Fundraising events: direct expenses
$4,800
-
8c · Net income from fundraising events
total $5,795 · unrelated business $0 · excluded $5,795
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $65,000 · program services $50,050 · management and general $4,550 · fundraising $10,400
-
7 · Other salaries and wages
total $130,789 · program services $101,342 · management and general $8,335 · fundraising $21,112
-
9 · Other employee benefits
total $5,508 · program services $4,259 · management and general $363 · fundraising $886
-
10 · Payroll taxes
total $16,565 · program services $12,809 · management and general $1,090 · fundraising $2,666
-
11b · Fees: legal
total $3,995 · program services $0 · management and general $0 · fundraising $3,995
-
11c · Fees: accounting
total $8,984 · program services $3,125 · management and general $5,208 · fundraising $651
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $19,852 · program services $16,829 · management and general $460 · fundraising $2,563
-
12 · Advertising and promotion
total $764 · program services $0 · management and general $764 · fundraising $0
-
13 · Office expenses
total $787 · program services $441 · management and general $221 · fundraising $125
-
14 · Information technology
total $13,763 · program services $9,863 · management and general $839 · fundraising $3,061
-
16 · Occupancy
total $16,637 · program services $12,817 · management and general $1,152 · fundraising $2,668
-
17 · Travel
total $405 · program services $360 · management and general $13 · fundraising $32
-
22 · Depreciation, depletion and amortization
total $1,024 · program services $878 · management and general $24 · fundraising $122
-
23 · Insurance
total $9,069 · program services $7,013 · management and general $597 · fundraising $1,459
-
24a · Other expenses: Program Expenditures - Home Studies
total $11,630 · program services $11,630 · management and general $0 · fundraising $0
-
24b · Other expenses: Program Expenditures - Volunteer Training
total $2,050 · program services $2,050 · management and general $0 · fundraising $0
-
24c · Other expenses: Program Expenditures - Program Events
total $4,418 · program services $4,418 · management and general $0 · fundraising $0
-
24d · Other expenses: Program Expenditures - Critical Needs
total $9,993 · program services $9,993 · management and general $0 · fundraising $0
-
24e · All other expenses
total $14,287 · program services $4,083 · management and general $835 · fundraising $9,369
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $221,938 · end of year $212,985
-
3 · Pledges and grants receivable
beginning of year $100 · end of year $1,400
-
9 · Prepaid expenses and deferred charges
beginning of year $6,587 · end of year $10,297
-
10a · Land, buildings and equipment: cost or other basis
$19,328
-
10b · Land, buildings and equipment: accumulated depreciation
$18,568
-
10c · Land, buildings and equipment, net
beginning of year $1,004 · end of year $760
-
17 · Accounts payable and accrued expenses
beginning of year -$164 · end of year -$985
-
27 · Net assets without donor restrictions
beginning of year $229,793 · end of year $226,427
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
Family and Youth Initiative creates a supportive community and lasting relationships for teens and young adults who are in, or have aged out of, foster care.
Activities or mission (Part I)
To create community and lasting relationships for teens and young adults in foster care.
-
Family and Youth Initiative helps teens in foster care find adoptive families and develop lasting connections with other caring adults. Monthly program events bring together teens and adults to form relationships. We recruit and train volunteer mentors and host families; and match teens with adults based on relationships that form at events. Youth who age out of foster care continue to participate with DCFYI and keep their connections for as long as they want. Every participating teen or young adult develops at least one meaningful and lasting relationship with a caring adult.
Expenses $192,930 · Revenue $251,999
-
The Reimbursement Program reimburses youth for critical needs related to housing, transportation and job-related expenses.
Expenses $9,993
-
In the Open Table program, six to eight trained volunteer Table Members build relationships with and support one young adult in achieving whatever goals the youth has set for themselves.
Expenses $49,037
As filed on the 2022 return.
Listed in Part VII
-
Susan Punnett
Executive Director
- Total calculated
- $65,000
- From this org
- $65,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Schylar Baber
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marcela Monti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Caleb Piatt
Director and Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Michele Reed
Director
- Total calculated
- $0
- Hours/week
- 1
-
William Scott
Director and Chair
- Total calculated
- $0
- Hours/week
- 1
-
Mark Belak
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Xu
Director and Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Nakia Bell
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301359349305495
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.