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Nonprofiteer
← YOUTH GROWTH STOCK TRUST

Form 990 for tax year 2023

Filed by YOUTH GROWTH STOCK TRUST.

Totals

Total revenue
$333,051
Total expenses
$345,255
Contributions and grants received
$0
Grants paid
$342,500
Program service revenue
$0
Investment income
$333,051
Other revenue
$0
Total assets, end of year
$6,133,721
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,133,721
Program services expenses (Part IX)
$345,255
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$345,255

Program services were 100.0% 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 $381,220 · related or exempt $381,220

  • 7a · Gross sales of assets other than inventory

    securities $106,734

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

    securities $154,903

  • 7c · Gain or loss

    securities -$48,169

  • 7d · Net gain or loss

    total -$48,169 · related or exempt -$48,169

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $342,500 · program services $342,500

  • 11c · Fees: accounting

    total $1,900 · program services $1,900

  • 24a · Other expenses: INVESTMENT PUBLICATIONS

    total $851 · program services $851

  • 24b · Other expenses: BANK CHARGES

    total $4 · program services $4

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $367,337 · end of year $402,652

  • 11 · Investments: publicly traded securities

    beginning of year $5,778,588 · end of year $5,731,069

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,145,925 · end of year $6,133,721

Mission and programs · 2023

Mission

PROVIDE GRANTS OR GIFTS TO OTHER 501C(3) ORGANIZATIONS OR LOCAL SCHOOLS (PUBLIC OR PRIVATE) TO ASSIST THE YOUTH OF CUMBERLAND COUNTY

  • DIRECT CONTRIBUTIONS TO ORGANIZATIONS AS INDICATED ON THE SCHEDULE OF DONEE ORGANIZATIONS.

    Expenses $345,255 · Grants $342,500

As filed on the 2023 return.

Listed in Part VII

  • Steve Blanchard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Chad W Barbour III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tom Keith

    TRUSTEE

    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

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

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
2023
Filed
28 August 2024
IRS schema version
2023v5.1
Source object
202422489349301502

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

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