Young Authors Foundation Inc
- Assets
- $2.1m
- Revenue
- $128.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- Waban, MA
- Founding
- 05/1994
- Data as of
- 06/2021
- EIN
- 04-3051022
Organization Overview
Young Authors Foundation Inc is located in Waban, MA. The organization was established in 1994. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Authors Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Young Authors Foundation Inc generated $128.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $109.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (34.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Young Authors Foundation Inc has awarded 27 individual grants totaling $324,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Meyer President | 10 | $0 | |
John Kaufman Director | 0 | $0 | |
Lowell Fox Director | 0 | $0 | |
Richard Freedberg Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,631 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $88,059 |
| Capital Gain Net Income | $88,059 |
| Net ST Capital Gain | $13,128 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $128,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $11,682 |
| Contributions, gifts, grants paid | $98,000 |
| Total expenses and disbursements | $109,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,410 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,139,626 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Young Authors Foundation Inc has awarded $98,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGE BOSTON CHARTER SCHOOL PURPOSE: SUPPORT EDUCATIONAL AND CREATIVE OF UNDERSERVED YOUTH IN THE BOSTON AREA | $20,000 |
Brooklyn, NY PURPOSE: SUPPORT BOOK DISTRIBUTION TO UNDERSERVED YOUTH IN NYC | $15,000 |
ST STEPHEN'S YOUTH PROGRAM PURPOSE: SUPPORT SUMMER PROGRAMS FOR CHILDREN | $13,000 |
NEW ARTS CENTER PURPOSE: SUPPORT STUDENT SCHOLARSHIP PROGRAMS | $10,000 |
Boston, MA PURPOSE: SUPPORT EDUCATIONAL AND CREATIVE ENDEAVORS OF UNDERSERVED YOUTH IN BOSTON | $10,000 |
UNITED NATIONS ASSOCIATION OF GREATER BOSTON PURPOSE: SUPPORT THE SUMMER INTERNATIONAL INSTITUTE SCHOLARSHIP PROGRAM AND TITLE 1 FUNDING FOR STUDENTS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
Technology Review Inc Cambridge, MA | $6,822,000 | $19,424,000 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Journal Of Bone And Joint Surgery Inc Needham, MA | $35,717,891 | $10,120,492 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
Retro Report Inc Mystic, CT | $1,128,827 | $6,590,447 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
National Braille Press Inc Boston, MA | $10,542,006 | $5,176,920 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |
Harvard Magazine Incorporated Cambridge, MA | $2,271,377 | $3,610,627 |
American Booksellers Assoc Inc White Plains, NY | $43,213,298 | $1,963,902 |