Form 990 for tax year 2024

Filed by FAMILY AND YOUTH INITIATIVE INC.

What the amendment changed

Compared with the return it replaced , filed 2 May 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue: $470,539
Total expenses: $410,548
Contributions and grants received: $450,795
Grants paid: $0
Program service revenue: $0
Investment income: $1,560
Other revenue: $18,184
Total assets, end of year: $253,355
Total liabilities, end of year: $575
Net assets or fund balances, end of year: $252,780
Program services expenses (Part IX): $281,201
Management and general expenses: $17,703
Fundraising expenses: $111,644
Program service expenses (Part III): $281,201

Program services were 68.5% 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

$0
1b · Membership dues

$0
1c · Fundraising events

$53,900
1d · Related organizations

$0
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$396,895
1g · Noncash contributions included above

$0
3 · Investment income

total $1,560 · related or exempt $1,560 · unrelated business $0 · excluded $0
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6c · Rental income or loss

real property $0 · personal property $0
7c · Gain or loss

securities $0 · other assets $0
8a · Fundraising events: gross income

$23,465
8a · Fundraising events: contributions included on line 1c

$53,900
8b · Fundraising events: direct expenses

$5,281
8c · Net income from fundraising events

total $18,184 · unrelated business $0 · excluded $18,184
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $65,000 · program services $46,436 · management and general $2,310 · fundraising $16,254
7 · Other salaries and wages

total $187,631 · program services $134,044 · management and general $6,669 · fundraising $46,918
9 · Other employee benefits

total $15,313 · program services $10,889 · management and general $551 · fundraising $3,873
10 · Payroll taxes

total $21,879 · program services $15,558 · management and general $787 · fundraising $5,534
11b · Fees: legal

total $3,798 · program services $0 · management and general $0 · fundraising $3,798
11c · Fees: accounting

total $8,634 · program services $2,867 · management and general $4,747 · fundraising $1,020
11g · Fees: other

total $17,074 · program services $11,157 · management and general $323 · fundraising $5,594
12 · Advertising and promotion

total $370 · program services $0 · management and general $370 · fundraising $0
13 · Office expenses

total $1,973 · program services $1,139 · management and general $22 · fundraising $812
14 · Information technology

total $7,661 · program services $5,708 · management and general $243 · fundraising $1,710
16 · Occupancy

total $19,933 · program services $14,175 · management and general $716 · fundraising $5,042
17 · Travel

total $231 · program services $71 · management and general $0 · fundraising $160
19 · Conferences, conventions and meetings

total $300 · program services $300 · management and general $0 · fundraising $0
23 · Insurance

total $9,375 · program services $6,667 · management and general $337 · fundraising $2,371
24a · Other expenses: Program Expenditures - Fund For Critical Needs

total $9,035 · program services $9,035 · management and general $0 · fundraising $0
24b · Other expenses: Program Expenditures - Program Events

total $6,711 · program services $6,711 · management and general $0 · fundraising $0
24c · Other expenses: Program Expenditures - SOUL Family

total $5,611 · program services $5,611 · management and general $0 · fundraising $0
24d · Other expenses: Program Expenditures - Volunteer Training

total $2,450 · program services $2,450 · management and general $0 · fundraising $0
24e · All other expenses

total $27,569 · program services $8,383 · management and general $628 · fundraising $18,558

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $182,427 · end of year $19,526
2 · Savings and temporary cash investments

beginning of year $0 · end of year $191,683
3 · Pledges and grants receivable

beginning of year $3,975 · end of year $30,384
9 · Prepaid expenses and deferred charges

beginning of year $7,330 · end of year $11,762
10a · Land, buildings and equipment: cost or other basis

$19,328
10b · Land, buildings and equipment: accumulated depreciation

$19,328
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $943 · end of year $575
27 · Net assets without donor restrictions

beginning of year $192,789 · end of year $225,102
28 · Net assets with donor restrictions

beginning of year $0 · end of year $27,678

Mission and programs · 2024

Mission

Family & Youth Initiative creates a supportive community and lasting relationships for teens and young adults who are in or have aged out of foster care. We believe that every child deserves family and are committed to increasing the number of teens who find adoptive families or develop what become lifelong relationships with other supportive adults.

Family and Youth Initiative helps teens in foster care find adoptive families and develop lasting connections with other caring adults. Monthly program events bring together teens and adults to form relationships. We recruit and train volunteer mentors, host families, Committed Community Members, and event drivers; participating adoptive families complete their training and home study with a partner agency. We match teens and adults based on relationships that start at events. Adult volunteers make a specific commitment to length and intensity of time they will spend with teen once matched. Youth who age out of foster care continue to participate with DCFYI and keep their connections for as long as they want. Every participating teen or young adult develops at least one meaningful and lasting relationship with a caring adult.

Expenses $197,528
Family and Youth Initiative is supporting a dedicated group of Lived Experts (young people with the lived experience of being or having been in DC foster care) who are creating a new and innovative permanency option for older youth who are in foster care. The Lived Experts are designing the "SOUL" permanency option in conjunction with professional partners, primarily at DC Child and Family Services Agency, the office of the DC Attorney General, and Children's Law Center. They are proud of having been able to use their experience and voice to create a better path out of foster care for other youth now and into the future. We are proud to be supporting them (and the other agencies) in this work.

Expenses $31,348
In the Open Table program, we recruit, train, and match six to eight volunteers with one young adult who has aged out of foster care. Tables build relationships with the young person (or "Friend") and support them in achieving whatever goal/s they set for themselves. Tables meet weekly for a year. Some Friends and volunteers continue in their relationships after the formal Table year ends.

Expenses $43,290
The Fund for Critical Youth Needs is used to ensure DCFYI youth are able to cover critical needs like housing, transportation, medications, and/or job-related expenses (including clothing and transportation until they receive a first paycheck.

Expenses $9,035

As filed on the 2024 return.

Listed in Part VII

Susan Punnett

Executive Director

Total calculated

$65,000

From this org

$65,000

From related orgs

$0

Other

$0

Hours/week

40
Schylar Baber

Director

Total calculated

$0

Hours/week

1
Marcela Monti

Director

Total calculated

$0

Hours/week

1
Caleb Piatt

Director and Treasurer

Total calculated

$0

Hours/week

1
Michele Reed

Director and Chair

Total calculated

$0

Hours/week

1
Lindsay Clark

Director

Total calculated

$0

Hours/week

1
Tanya Wedderburn

Director

Total calculated

$0

Hours/week

1
Kevin Xu

Director and Secretary

Total calculated

$0

Hours/week

1
Benjamin Willis

Director

Total calculated

$0

Hours/week

1
Wendy Harman

Director

Total calculated

$0

Hours/week

1
Aaron Warren

Director

Total calculated

$0

Hours/week

1
Christina Wentworth

Director

Total calculated

$0

Hours/week

1
Spencer Dunham

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: 2024
Filed: 2 May 2025
IRS schema version: 2024v5.0
Source object: 202543169349303499

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