Totals
- Total revenue
- $1,287,448
- Total expenses
- $1,347,686
- Contributions and grants received
- $1,132,305
- Grants paid
- $0
- Program service revenue
- $150,321
- Investment income
- $1,691
- Other revenue
- $3,131
- Total assets, end of year
- $554,667
- Total liabilities, end of year
- $392,115
- Net assets or fund balances, end of year
- $162,552
- Program services expenses (Part IX)
- $909,998
- Management and general expenses
- $302,162
- Fundraising expenses
- $135,526
- Program service expenses (Part III)
- $909,998
Program services were 67.5% 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.
-
1a · Federated campaigns
$76,800
-
1f · All other contributions, gifts and grants
$1,055,505
-
2a · Program service revenue: Program Services
total $150,321 · related or exempt $150,321
-
7a · Gross sales of assets other than inventory
securities $2,567
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $876
-
7c · Gain or loss
securities $2,567 · other assets -$876
-
7d · Net gain or loss
total $1,691 · excluded $1,691
-
11a · Other revenue: Reimbursement Income
total $2,481 · excluded $2,481
-
11b · Other revenue: Miscellaneous Income
total $650 · excluded $650
-
11e · Other revenue, total
$3,131
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $188,700 · program services $105,338 · management and general $56,610 · fundraising $26,752
-
7 · Other salaries and wages
total $526,592 · program services $455,528 · management and general $45,494 · fundraising $25,570
-
9 · Other employee benefits
total $74,130 · program services $48,877 · management and general $22,676 · fundraising $2,577
-
10 · Payroll taxes
total $66,841 · program services $48,821 · management and general $12,377 · fundraising $5,643
-
11b · Fees: legal
total $7,300 · management and general $7,300
-
11c · Fees: accounting
total $25,406 · management and general $25,406
-
11g · Fees: other
total $171,926 · program services $78,682 · management and general $51,410 · fundraising $41,834
-
12 · Advertising and promotion
total $13,617 · fundraising $13,617
-
13 · Office expenses
total $24,344 · program services $7,387 · management and general $14,474 · fundraising $2,483
-
14 · Information technology
total $41,966 · program services $16,945 · management and general $22,403 · fundraising $2,618
-
16 · Occupancy
total $36,168 · program services $22,596 · management and general $13,572
-
17 · Travel
total $43,613 · program services $33,980 · management and general $493 · fundraising $9,140
-
20 · Interest
total $7,700 · program services $5,211 · management and general $1,713 · fundraising $776
-
22 · Depreciation, depletion and amortization
total $16,727 · program services $11,320 · management and general $3,721 · fundraising $1,686
-
23 · Insurance
total $4,267 · management and general $4,267
-
24a · Other expenses: Program activities and
total $62,981 · program services $62,657 · management and general $324
-
24b · Other expenses: Training, recruitment a
total $21,972 · program services $9,594 · management and general $12,268 · fundraising $110
-
24c · Other expenses: Repairs and Maintenance
total $10,142 · program services $3,062 · management and general $7,080
-
24d · Other expenses: Printing and Postage
total $3,294 · management and general $574 · fundraising $2,720
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $356,155 · end of year $345,753
-
3 · Pledges and grants receivable
beginning of year $138,252 · end of year $137,786
-
9 · Prepaid expenses and deferred charges
beginning of year $1,550 · end of year $2,273
-
10a · Land, buildings and equipment: cost or other basis
$61,274
-
10b · Land, buildings and equipment: accumulated depreciation
$44,234
-
10c · Land, buildings and equipment, net
beginning of year $34,586 · end of year $17,040
-
11 · Investments: publicly traded securities
beginning of year $9,408 · end of year $11,976
-
14 · Intangible assets
beginning of year $566 · end of year $509
-
15 · Other assets
beginning of year $0 · end of year $39,330
-
17 · Accounts payable and accrued expenses
beginning of year $37,827 · end of year $72,885
-
24 · Unsecured notes and loans payable
beginning of year $279,900 · end of year $279,900
-
25 · Other liabilities
beginning of year $0 · end of year $39,330
-
27 · Net assets without donor restrictions
beginning of year -$30,210 · end of year $13,502
-
28 · Net assets with donor restrictions
beginning of year $253,000 · end of year $149,050
Mission and programs · 2022
Mission
We create conditions for young people to thrive. We do this by creating a community of care for young people who have not achieved success despite the efforts of other agencies. Our vision is to ensure that every young person and their future generations are no longer system involved and living a full life.
-
Coaching and Mentoring: While some social systems attempt to "parent" the youth that they serve, the results of involvement in these systems for the youth that they serve indicate that they often fail to achieve results. For one example, only 13% of foster youth in the United States ever mobilize out of poverty as adults. When young people reach the age range of 18-21, they lose eligibility for the services that have sustained them and are left with no formal support. We seek to provide a community that can encourage stability for system-involved youth, helping them to reduce major disruptive life events (i.e., hospitalization, arrest, running away, and suspension).
Expenses $729,106 · Revenue $105,225
-
Experiences and Enrichment:Enrichment opportunities give our youth the opportunity to explore their interests and talents, a luxury that many of them have not received prior to joining Found Village. Enrichment activities offered to youth by our partners include training in the arts, sports, and activities in natural spaces, all of which provide our young people with a chance to examine their talents and interests. The Coaching and Enrichment program seeks to 1) embed teens in a network of healthy adult and peer relationships, while 2) providing opportunities to explore, identify, and enhance personal skills, thereby 3) increasing our young peoples' sense of belonging and increasing their power and autonomy. In the past year, we have seen that young people who engage with Found Village consistently possess a stronger sense of belonging, report having more safe relationships with peers and adults, and become healthier. Case in point: over the past year, several young people have been able to identify the potential of a major life disruption before it happened and engage with their coach and community to mitigate that circumstance. We have seen young people dream big about their futures, be more open to friendships with other youth, and become more successful in school. The following positive outcomes indicate the successes we have seen in the last year: 76% of youth have been engaged in program activities for 10 or more hours. We have found that engagement positively correlates with the well-being of young people and their overall success in school. The majority of our youth report that they have more friendships and feel a stronger sense of power and autonomy in their lives. We are working towards 100% outcomes in all these areas. This past year success is as followed:Short Term (Stability): 90% of teens referred agree to participate in our program within 60 days of referral. Instances of disruptive events (e.g., hospitalization, suspension, arrest) drop by 50% for each teen. 90% of teens receive consistent access to essential resources including food, clothing, and school supplies. Mid-Term (Growth): 100% of teens are paired with our coaching team and create a customized growth plan. 90% of eligible teens graduate High School. 100% teens report that they have explored their interests and skills through enrichment programming. Long-Term (Launch): 70% young people report that they have/maintain at least three healthy adult and peer relationships. 100% young people can identify two spaces in the community that are safe and supportive for them (e.g., a library, rec center, community organization, or volunteer opportunity). 70% young people demonstrate that they can alert their community before a crisis event occurs and work to limit disruptions. 30% All young people maintain stable employment at a job which pays $15/hr or more and offers opportunities for upward mobility. 30% of young people maintain stable housing arrangements for at least six months.
Expenses $180,892 · Revenue $45,096
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lisa Williams-Nelson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie Scott
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Frey
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ashton Wilson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Iloba Nzekwu
Co-Executive Director
- Total calculated
- $119,432
- From this org
- $113,492
- From related orgs
- $5,940
- Other
- $0
- Hours/week
- 40
-
Katie Nzekwu
Co-Executive Director
- Total calculated
- $69,268
- From this org
- $60,885
- From related orgs
- $8,383
- Other
- $0
- Hours/week
- 40
-
Christina Duffy
Trustee - Start 11/18/2022
- Total calculated
- $0
- Hours/week
- 1
-
Michael Moore
Trustee - Start 11/18/2022
- Total calculated
- $0
- Hours/week
- 1
-
Hammad Siddiqi
Trustee - Start 11/18/2022
- 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
- 8 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421079349300637
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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