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Nonprofiteer
← YOUTH FOR CHRIST FOUNDATION

Form 990 for tax year 2022

Filed by YOUTH FOR CHRIST FOUNDATION.

Totals

Total revenue
$3,414,500
Total expenses
$3,924,767
Contributions and grants received
$2,422,864
Grants paid
$3,575,743
Program service revenue
$108,278
Investment income
$84,955
Other revenue
$798,403
Total assets, end of year
$31,466,778
Total liabilities, end of year
$20,166,247
Net assets or fund balances, end of year
$11,300,531
Program services expenses (Part IX)
$3,626,472
Management and general expenses
$298,295
Fundraising expenses
$0
Program service expenses (Part III)
$3,626,472

Program services were 92.4% 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

    $2,422,864

  • 1g · Noncash contributions included above

    $285,563

  • 2a · Program service revenue: Service Fee Revenue

    total $108,278 · related or exempt $108,278

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $84,955 · excluded $84,955

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,245,266

  • 7b · Less cost or other basis and sales expenses

    securities $1,245,266

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · excluded $0

  • 11a · Other revenue: Ownership Distribution

    total $769,793 · unrelated business $26,982 · excluded $742,811

  • 11d · All other revenue

    total $28,610 · related or exempt $0 · unrelated business $0 · excluded $28,610

  • 11e · Other revenue, total

    $798,403

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,575,743 · program services $3,575,743

  • 5 · Compensation of officers, directors and key employees

    total $133,000 · program services $20,000 · management and general $113,000

  • 7 · Other salaries and wages

    total $75,000 · program services $15,000 · management and general $60,000

  • 11c · Fees: accounting

    total $19,855 · management and general $19,855

  • 11f · Fees: investment management

    total $18,957 · management and general $18,957

  • 11g · Fees: other

    total $66,751 · program services $15,729 · management and general $51,022 · fundraising $0

  • 13 · Office expenses

    total $25 · management and general $25

  • 14 · Information technology

    total $6,491 · management and general $6,491

  • 24a · Other expenses: UBIT taxes

    total $19,964 · management and general $19,964

  • 24b · Other expenses: Annuity Payments

    total $8,981 · management and general $8,981

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $275,458 · end of year $266,600

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,484 · end of year $17,940

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

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $12,816,296 · end of year $21,821,387

  • 12 · Investments: other securities

    beginning of year $9,530,521 · end of year $9,360,851

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,506 · end of year $47,633

  • 21 · Escrow or custodial account liability

    beginning of year $10,820,493 · end of year $20,061,452

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $37,066 · end of year $57,162

  • 27 · Net assets without donor restrictions

    beginning of year $11,577,490 · end of year $11,064,149

  • 28 · Net assets with donor restrictions

    beginning of year $213,204 · end of year $236,382

Mission and programs · 2022

Mission

Youth for Christ Foundation supports the long term sustainability and growth of Youth for Christ entities in the USA and around the world.

Activities or mission (Part I)

The Youth for Christ Foundation supports the long term sustainability and growth of YFC entities.

  • Youth for Christ Foundation supports the long term sustainability and growth of Youth for Christ entities in the USA and around the world through effective, professional, and economical fund administration, quality training support, and efficient fundraising strategies that will foster a firm financial foundation for ministry delivery and expansion.

    Expenses $3,626,472 · Grants $3,575,743 · Revenue $108,278

As filed on the 2022 return.

Listed in Part VII

  • Adele Lacombe

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Bruce Clingan

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Travis Holdman

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Barry Heubner

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bart Barham

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Glenn Duckworth

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Richard Voit

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sheryl Haushalter

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Tim LeFever

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jacob Bland

    CEO

    Total calculated
    $0
    Hours/week
    1

  • Nathan Jones

    President

    Total calculated
    $133,077
    From this org
    $105,603
    From related orgs
    $0
    Other
    $27,474
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $105,603
    Bonus
    $0
    Other
    $0
    Deferred
    $3,483
    Nontaxable benefits
    $23,991
    Filer's total
    $133,077

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

None.

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

The filer's explanations (Part III)

Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL
NAME - NATHAN JONES, COMPENSATION FROM UNRELATED ORGANIZATION - 133077.000000, NAME OF UNRELATED ORGANIZATION - YOUTH FOR CHRIST, TYPE OF COMPENSATION - WAGES AND BENEFITS

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202421349349308817

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

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