Form 990 for tax year 2023
Filed by NETWORK FOR YOUNG ADULT SUCCESS.
Totals
- Total revenue
- $1,138,424
- Total expenses
- $1,099,097
- Contributions and grants received
- $966,442
- Grants paid
- $56,422
- Program service revenue
- $163,050
- Investment income
- $5,483
- Other revenue
- $3,449
- Total assets, end of year
- $522,021
- Total liabilities, end of year
- $20,751
- Net assets or fund balances, end of year
- $501,270
- Program services expenses (Part IX)
- $665,161
- Management and general expenses
- $196,304
- Fundraising expenses
- $237,632
- Program service expenses (Part III)
- $665,161
Program services were 60.5% 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.
-
1f · All other contributions, gifts and grants
$966,442
-
2a · Program service revenue: Network Fees
total $163,050 · related or exempt $163,050
-
3 · Investment income
total $5,483 · excluded $5,483
-
11a · Other revenue: Miscellaneous
total $3,449 · related or exempt $3,449
-
11e · Other revenue, total
$3,449
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $56,422 · program services $56,422
-
5 · Compensation of officers, directors and key employees
total $228,722 · program services $53,952 · management and general $87,385 · fundraising $87,385
-
7 · Other salaries and wages
total $401,110 · program services $294,257 · management and general $7,322 · fundraising $99,531
-
9 · Other employee benefits
total $73,947 · program services $43,114 · fundraising $30,833
-
10 · Payroll taxes
total $44,360 · program services $25,902 · management and general $6,051 · fundraising $12,407
-
11b · Fees: legal
total $3,400 · management and general $3,400
-
11c · Fees: accounting
total $25,788 · management and general $25,788
-
11g · Fees: other
total $39,422 · program services $7,850 · management and general $31,572
-
13 · Office expenses
total $384 · program services $66 · management and general $318
-
14 · Information technology
total $68,504 · program services $54,854 · management and general $13,240 · fundraising $410
-
16 · Occupancy
total $16,575 · program services $11,702 · management and general $1,293 · fundraising $3,580
-
17 · Travel
total $529 · program services $501 · management and general $28
-
23 · Insurance
total $12,488 · program services $8,817 · management and general $974 · fundraising $2,697
-
24a · Other expenses: Persistence and engagem
total $72,784 · program services $72,784
-
24b · Other expenses: Training & Development
total $31,604 · program services $26,209 · management and general $5,395
-
24c · Other expenses: Personnel Expenses
total $10,454 · management and general $10,454
-
24d · Other expenses: Bank & Merchant Fees
total $7,742 · program services $4,706 · management and general $2,862 · fundraising $174
-
24e · All other expenses
total $4,862 · program services $4,025 · management and general $222 · fundraising $615
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $470,382 · end of year $258,347
-
2 · Savings and temporary cash investments
end of year $172,894
-
3 · Pledges and grants receivable
beginning of year $2,875 · end of year $59,600
-
4 · Accounts receivable
end of year $2,105
-
9 · Prepaid expenses and deferred charges
beginning of year $27,454 · end of year $29,075
-
17 · Accounts payable and accrued expenses
beginning of year $38,768 · end of year $20,751
-
27 · Net assets without donor restrictions
beginning of year $255,360 · end of year $153,604
-
28 · Net assets with donor restrictions
beginning of year $206,583 · end of year $347,666
Mission and programs · 2023
Mission
Our mission is to empower young adults to realize their professional aspirations by supporting their successful degree attainment and career preparation.
Activities or mission (Part I)
Empowering young adults to realize their professional aspirations.
-
To create a network of schools and community-based organizations that are committed to the long-term success of their high school graduates through a post-secondary path, whether through college or another educational pathway. Through technology, holistic supports, external partnerships, and constant engagement, the UtmostU network works to propel young adults from underrepresented backgrounds toward their career goals.
Expenses $665,161 · Grants $56,422 · Revenue $166,499
As filed on the 2023 return.
Listed in Part VII
-
Greg Mooney
President
- Total calculated
- $0
- Hours/week
- 3
-
Patricia Redd
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Ronald Seymore
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Johnson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Weinheimer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lauren Akainyah
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Pincus
Director
- Total calculated
- $0
- Hours/week
- 1
-
Patricia Ford
Director
- Total calculated
- $0
- Hours/week
- 1
-
Shannon Fuller
Director
- Total calculated
- $0
- Hours/week
- 1
-
Thackston Lundy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tosha Downey
Director
- Total calculated
- $0
- Hours/week
- 1
-
Amy Huang
Executive Director
- Total calculated
- $54,773
- From this org
- $50,873
- From related orgs
- $0
- Other
- $3,900
- Hours/week
- 40
-
David Bennett
Associate Executive Director
- Total calculated
- $146,161
- From this org
- $123,394
- From related orgs
- $0
- Other
- $22,767
- 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
- 2023
- Filed
- 27 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500589349301510
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