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← ALTERNATIVES FOR YOUTH FOUNDATION INC

Form 990 for tax year 2022

Filed by ALTERNATIVES FOR YOUTH FOUNDATION INC.

Totals

Total revenue
$622,527
Total expenses
$332,990
Contributions and grants received
$0
Grants paid
$220,747
Program service revenue
$0
Investment income
$622,527
Other revenue
$0
Total assets, end of year
$34,352,326
Total liabilities, end of year
$356,203
Net assets or fund balances, end of year
$33,996,123
Program services expenses (Part IX)
$220,747
Management and general expenses
$112,243
Fundraising expenses
$0
Program service expenses (Part III)
$220,747

Program services were 66.3% 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.

  • 3 · Investment income

    total $664,336 · excluded $664,336

  • 7a · Gross sales of assets other than inventory

    securities $10,058,200

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

    securities $10,100,009

  • 7c · Gain or loss

    securities -$41,809

  • 7d · Net gain or loss

    total -$41,809 · excluded -$41,809

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,003 · program services $6,003

  • 2 · Grants to domestic individuals

    total $214,744 · program services $214,744

  • 11f · Fees: investment management

    total $109,954 · management and general $109,954

  • 24a · Other expenses: MISCELLANEOUS

    total $1,789 · management and general $1,789

  • 24b · Other expenses: DUES, SUBSCRIPTIONS, AN

    total $500 · management and general $500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $87,605 · end of year $62,722

  • 11 · Investments: publicly traded securities

    beginning of year $31,294,383 · end of year $34,289,604

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,624 · end of year $14,624

  • 18 · Grants payable

    beginning of year $293,426 · end of year $341,579

  • 27 · Net assets without donor restrictions

    beginning of year $31,073,938 · end of year $33,996,123

Mission and programs · 2022

Mission

TO PROVIDE SUPPORT FOR PROGRAMS AND ACTIVITIES CONSISTENT WITH THE MISSION OF THE KEY PROGRAM INCORPORATED, A PUBLIC CHARITY EXEMPT UNDER SECTION 501(C)(3) OF THE IRC.

Activities or mission (Part I)

SUPPORT ORGANIZATION FOR THE KEY PROGRAM, A PUBLIC CHARITY EXEMPT UNDER SECTION 501(C)(3) OF THE IRC.

  • THE PURPOSE OF AYF IS TO SUPPORT PROGRAMS AND ACTIVITIES THAT ARE FUNDAMENTALLY CONSISTENT WITH KEY'S MISSION TO RESHAPE THE LIVES OF TROUBLED YOUTH AND FAMILIES. AYF ACCOMPLISHES THIS GOAL BY PROVIDING GRANT FUNDING, AS FOLLOWS:START-UP FUNDS - FOR NEW AND INNOVATIVE PROJECTS IN THE FIELD OF JUVENILE JUSTICE, CHILD WELFARE, AND MENTAL HEALTH THAT ARE RELATED TO AYF'S STATED PURPOSE.GENERAL OPERATING SUPPORT - FOR NOT-FOR-PROFIT ORGANIZATIONS HAVING A DEMONSTRATED RECORD OF ACCOMPLISHMENT IN PROMOTING ADVANCES AND IMPROVEMENTS IN THE JUVENILE JUSTICE, CHILD WELFARE, AND/OR MENTAL HEALTH SYSTEMS.PROJECT SUPPORT - FOR PROJECTS THAT HAVE SUCCESSFULLY ADDRESSED IMPORTANT JUVENILE JUSTICE, CHILD WELFARE, AND/OR MENTAL HEALTH PROBLEMS, AND OFFER THE POTENTIAL FOR LOCAL, STATE, AND/OR NATIONAL REPLICATION.ACADEMIC SCHOLARSHIPS - FOR CURRENT AND FORMER CLIENTS OF KEY WHO ARE WORKING TOWARD CONTINUING THEIR EDUCATION IN AN ACCREDITED INSTITUTION AND FOR STUDENTS PURSUING AN ADVANCED DEGREE IN SOCIAL WORK.

    Expenses $220,747 · Grants $220,747

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Edward Feldstein Esq

    CHAIRMAN AND CLERK

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Howard Corey

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michael C Cuscia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Joseph Imbriani Esq CPA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Hope Straughan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Allison Bernier

    DIRECTOR (AS OF 3/23)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Marie Ahern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Tammy Mello

    PRESIDENT & CEO

    Total calculated
    $273,583
    From this org
    $0
    From related orgs
    $255,051
    Other
    $18,532
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,805 related
    Bonus
    $0
    Other
    $0 + $6,246 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $18,532 related
    Filer's total
    $0 + $273,583 related
  • Dino Mancini

    DIRECTOR (AS OF 12/22)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michael Woronka

    DIRECTOR (AS OF 3/23)

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • William Lyttle

    DIRECTOR (TO 12/22)

    Total calculated
    $390,315
    From this org
    $0
    From related orgs
    $340,844
    Other
    $49,471
    Hours/week
    1 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $335,206 related
    Bonus
    $0
    Other
    $0 + $5,638 related
    Deferred
    $0 + $24,549 related
    Nontaxable benefits
    $0 + $24,922 related
    Filer's total
    $0 + $390,315 related
  • David Burke

    CHIEF FINANCIAL OFFICER

    Total calculated
    $192,327
    From this org
    $0
    From related orgs
    $173,947
    Other
    $18,380
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $173,947 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $18,380 related
    Filer's total
    $0 + $192,327 related

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

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202313189349302046

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