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← YOUNG CATHOLIC PROFESSIONALS

Form 990 for tax year 2022

Filed by YOUNG CATHOLIC PROFESSIONALS.

Totals

Total revenue
$2,066,421
Total expenses
$1,254,469
Contributions and grants received
$1,748,440
Grants paid
$0
Program service revenue
$316,865
Investment income
$1,116
Other revenue
$0
Total assets, end of year
$1,765,867
Total liabilities, end of year
$209,529
Net assets or fund balances, end of year
$1,556,338
Program services expenses (Part IX)
$939,706
Management and general expenses
$152,280
Fundraising expenses
$162,483
Program service expenses (Part III)
$939,706

Program services were 74.9% 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.

  • 1b · Membership dues

    $36,744

  • 1f · All other contributions, gifts and grants

    $1,711,696

  • 2a · Program service revenue: Annual Conference

    total $203,456 · related or exempt $203,456

  • 2b · Program service revenue: Chapter Fees

    total $113,409 · related or exempt $113,409

  • 3 · Investment income

    total $1,116 · related or exempt $1,116

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Other

  • 11b · Other revenue: Refund for cancelled event

  • 11c · Other revenue: Travel Reimbursement

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $130,457 · program services $71,751 · management and general $16,307 · fundraising $42,399

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $494,800 · program services $364,160 · management and general $56,932 · fundraising $73,708

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $14,079 · program services $9,806 · management and general $1,744 · fundraising $2,529

  • 10 · Payroll taxes

    total $48,419 · program services $34,146 · management and general $5,212 · fundraising $9,061

  • 11a · Fees: management

    total $1,050 · management and general $1,050

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $37,891 · management and general $37,891

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $172,257 · program services $163,693 · management and general $1,414 · fundraising $7,150

  • 12 · Advertising and promotion

    total $13,588 · program services $13,588

  • 13 · Office expenses

    total $24,371 · program services $17,335 · management and general $3,697 · fundraising $3,339

  • 14 · Information technology

    total $66,915 · program services $54,377 · management and general $7,038 · fundraising $5,500

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $2,865 · program services $767 · management and general $1,873 · fundraising $225

  • 17 · Travel

    total $35,828 · program services $21,530 · management and general $5,897 · fundraising $8,401

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $179,341 · program services $169,556 · fundraising $9,785

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $2,318 · management and general $2,318

  • 24a · Other expenses: Bad debt

    total $8,031 · management and general $8,031

  • 24b · Other expenses: Chapter compliance

    total $7,750 · program services $7,750

  • 24c · Other expenses: Bank fees

    total $7,297 · program services $6,986 · management and general $311

  • 24d · Other expenses: Meals and entertainment

    total $5,069 · program services $2,502 · management and general $2,181 · fundraising $386

  • 24e · All other expenses

    total $2,143 · program services $1,759 · management and general $384

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $162,495 · end of year $1,225,317

  • 2 · Savings and temporary cash investments

    beginning of year $415,870 · end of year $80,855

  • 3 · Pledges and grants receivable

    beginning of year $184,000 · end of year $373,840

  • 4 · Accounts receivable

    beginning of year $16,213 · end of year $31,277

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,444 · end of year $46,046

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $10,000 · end of year $8,532

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,642 · end of year $92,663

  • 19 · Deferred revenue

    beginning of year $43,994 · end of year $116,329

  • 25 · Other liabilities

    end of year $537

  • 27 · Net assets without donor restrictions

    beginning of year $742,108 · end of year $1,556,338

  • 28 · Net assets with donor restrictions

    beginning of year $2,278

Mission and programs · 2022

Mission

Young Catholic Professionals is a 501c3 nonprofit on a mission to challenge, train and inspire young adults working in various professions to Work in Witness for Christ. In a world that can be void of meaning and leave them restless and dissatisfied, YCP brings together young professionals in their 20s and 30s into a community of belonging, support, and encouragement at all stages of the faith journey. YCP empowers and equips them to live their Catholic faith through everyday work, and to perform all work with excellence for the glory of God.

  • Membership Experience - Young Catholic Professionals membership is open to young professionals, priests, religious, and seasoned Catholic business leaders from all over the country. YCP offers members opportunities for spiritual direction, networking, mentoring, and professional development. In 2022, YCP expanded its annual member conference to reach more members.

    Expenses $513,297 · Revenue $240,200

  • Chapter Support - Young Catholic Professionals continues to encourage young adults working in various professions to Work in witness for Christ. Chapters meet together on a monthly basis and host events including executive speaker series, where we invite experienced Catholic professionals to provide counsel and encouragement to our members. We expanded YCP over the past year to multiple new cities.

    Expenses $426,409 · Revenue $113,409

As filed on the 2022 return.

Listed in Part VII

  • Jennifer Baugh

    Executive Dir.

    Total calculated
    $130,457
    From this org
    $130,457
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Dwight Riskey

    Chairman

    Total calculated
    $0
    Hours/week
    1
  • Tim Needles

    Director

    Total calculated
    $0
    Hours/week
    1
  • Michael Stefanski

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mark Balasa

    Director

    Total calculated
    $0
    Hours/week
    1
  • Peter DeTrempe

    Director

    Total calculated
    $0
    Hours/week
    1
  • Tom Jones

    Director

    Total calculated
    $0
    Hours/week
    1
  • Cecelia Gannon

    Director

    Total calculated
    $0
    Hours/week
    1
  • Marisa Carona

    Director

    Total calculated
    $0
    Hours/week
    1
  • Sean Magennis

    Director

    Total calculated
    $0
    Hours/week
    1
  • Marla Mock

    Director

    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
29 May 2024
IRS schema version
2022v5.0
Source object
202411509349301381

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