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 EsqEDWARD FELDSTEIN ESQ
CHAIRMAN AND CLERK
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Howard CoreyHOWARD COREY
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael C CusciaMICHAEL C CUSCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joseph Imbriani Esq CPAJOSEPH IMBRIANI ESQ CPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Hope StraughanHOPE STRAUGHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Allison BernierALLISON BERNIER
DIRECTOR (AS OF 3/23)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Marie AhernMARIE AHERN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tammy MelloTAMMY 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 ManciniDINO MANCINI
DIRECTOR (AS OF 12/22)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael WoronkaMICHAEL WORONKA
DIRECTOR (AS OF 3/23)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
William LyttleWILLIAM 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 BurkeDAVID 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.
-
501(C)(3) · TO ASSIST TROUBLED YOUTH AND FAMILIES WITH DEVELOPING POSITIVE LIFE SKILLS · MA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349302046
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