Youth In Action Inc
- Assets
- $1.3m
- Revenue
- $689.1k
- Investments
- $388.9k
- Employees
- 14
- Location
- Providence, RI
- Founding
- 01/1998
- Data as of
- 06/2022
- EIN
- 05-0495230
Organization Overview
Youth In Action Inc is located in Providence, RI. The organization was established in 1998. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Youth In Action Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth In Action 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 06/2022, Youth In Action Inc generated $689.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $543.5k during the year ending 06/2022. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND COMMUNITY OUTREACH PROGRAMS
Describe the Organization's Program Activity:
TO SUPPORT LEADERSHIP DEVELOPMENT OF YOUTH IN ORDER TO SOLVE COMMUNITY PROBLEMS THROUGH EDUATION AND COMMUNITY OUTREACH PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michaelle Larracuente Co-Chairperson | OfficerTrustee | 2 | $0 |
Tarrissa Prim Peterson Co-Chairperson | OfficerTrustee | 2 | $0 |
Catalina Perez Secretary | OfficerTrustee | 1 | $0 |
Karin Liiv Member | Trustee | 1 | $0 |
Victoria Restler Member | Trustee | 1 | $0 |
Ayana Melvan Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,617 |
| All other contributions, gifts, grants, and similar amounts not included above | $565,034 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $601,651 |
| Total Program Service Revenue | $75,343 |
| Investment income | $11,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,461 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,416 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $689,117 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,297 |
| Compensation of current officers, directors, key employees. | $7,130 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $181,524 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,019 |
| Payroll taxes | $23,592 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,464 |
| Advertising and promotion | $1,580 |
| Office expenses | $11,737 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,154 |
| Travel | $10,871 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $148 |
| Interest | $2,484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,477 |
| Insurance | $15,828 |
| All other expenses | $2,435 |
| Total functional expenses | $543,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,884 |
| Savings and temporary cash investments | $447,800 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,103 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,857 |
| Net Land, buildings, and equipment | $353,181 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $388,882 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,329,707 |
| Accounts payable and accrued expenses | $16,396 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $60,816 |
| Other liabilities | $0 |
| Total liabilities | $77,212 |
| Net assets without donor restrictions | $1,252,495 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,329,707 |