Ypo Inc
- Assets
- $662.2k
- Revenue
- $373.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Glastonbury, CT
- Founding
- 03/1989
- Data as of
- 06/2021
- EIN
- 06-1263411
Organization Overview
Ypo Inc is located in Glastonbury, CT. The organization was established in 1989. According to its NTEE Classification (O54) the organization is classified as: Youth Development - Citizenship, under the broad grouping of Youth Development and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ypo Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Ypo Inc generated $373.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $300.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
YPO (YOUNG PRESIDENTS ORGANIZATION) CONNECTS SUCCESSFUL YOUNG CHIEF EXECUTIVES IN A GLOBAL NETWORK AND PROMOTES A SHARED MISSION: BETTER LEADERS THROUGH EDUCATION AND IDEA EXCHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUNG PRESIDENTS ORGANIZATION CONNECTS SUCCESSFUL YOUNG CHIEF EXECUTIVES IN A GLOBAL NETWORK AND PROMOTES A SHARED MISSION: BETTER LEADERS THROUGH EDUCATION AND IDEA EXCHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Carlone Chapter Chair/reg. Liaison | OfficerTrustee | 10 | $0 |
Bob Logan Ypo Gold Chapter Officer | OfficerTrustee | 10 | $0 |
Mike Peck Membership Officer | OfficerTrustee | 10 | $0 |
Michelle Wirth Spouse Officer | OfficerTrustee | 10 | $0 |
Todd Renz Ypo Gold Liaison | OfficerTrustee | 10 | $0 |
Deb Livingston Family Officer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,000 |
| Total Program Service Revenue | $364,895 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $373,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $58,223 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50 |
| Advertising and promotion | $0 |
| Office expenses | $291 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $234,943 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $300,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $586,181 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,974 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $662,155 |
| Accounts payable and accrued expenses | $5,491 |
| Grants payable | $0 |
| Deferred revenue | $108,669 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $114,160 |
| Net assets without donor restrictions | $0 |
| 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 | $547,995 |
| Total liabilities and net assets/fund balances | $662,155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Generation Citizen Inc New York, NY | $3,046,738 | $4,064,100 |
Wya Foundation Inc New York, NY | $40,333 | $752,868 |
Think Equal Usa Inc New York, NY | $805,811 | $673,880 |
Ypo Inc Glastonbury, CT | $662,155 | $373,925 |
Korean-American Youth Foundation Inc Flushing, NY | $191,169 | $111,974 |
Association For Learning And Mentoring Services Inc Spring Valley, NY | $9,549 | $0 |
The Academy For Human Rights Inc Hamburg, NY | $48,060 | $0 |
Inquiring Minds Institute Inc Brooklyn, NY | $2,012 | $0 |
Teens Under Construction Inc West Harrison, NY | $51,562 | $0 |
R Success Foundation Inc Rochester, NY | $0 | $0 |
Society Of The Children By The Children And For The Children Inc New York, NY | $0 | $0 |
Li Youth Leadership Foundation Inc Sayville, NY | $10,253 | $0 |