National Youth Employment Coalition Inc
- Assets
- $973.3k
- Revenue
- $862.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Washington, DC
- Founding
- 12/1980
- Data as of
- 06/2022
- EIN
- 13-3031098
Organization Overview
National Youth Employment Coalition Inc is located in Washington, DC. The organization was established in 1980. According to its NTEE Classification (O19) the organization is classified as: Support N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2022, National Youth Employment Coalition Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Youth Employment Coalition 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, National Youth Employment Coalition Inc generated $862.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $575.9k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL YOUTH EMPLOYMENT COALITION, INC. (THE COALITION) IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF NEW YORK ON DECEMBER 12, 1979. THE COALITION IMPROVES THE EFFECTIVENESS OF ORGANIZATIONS THAT SEEK TO HELP YOUTH THRIVE. THE COALITION ENVISIONS A NATION IN WHICH EVERY YOUNG PERSON IS ASSURED THE FULL RANGE OF EDUCATIONAL, DEVELOPMENTAL, VOCATIONAL, ECONOMIC, AND SOCIAL OPPORTUNITIES, SUPPORTS, AND SERVICES THAT HE OR SHE MAY NEED TO BECOME A PRODUCTIVE AND SELF-SUFFICIENT WORKER, TAXPAYER, PARENT, OR CITIZEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPACITY BUILDING STRATEGIES - THE COALITION ASSISTS ITS MEMBERS, AS WELL AS THE BROADER AUDIENCE OF LOCAL AND STATE PRACTITIONERS IN THE YOUTH EMPLOYMENT FIELD, TO IMPROVE OUTCOMES FOR YOUTH IN THEIR COMMUNITIES. THE COALITION DISTILLS AND PRESENTS INFORMATION ON EFFECTIVE PRACTICES FOR DISCONNECTED AND SYSTEMS-INVOLVED YOUTH, TO A VARIETY OF NATIONAL AND REGIONAL AUDIENCES THROUGH WEBINARS AND CONFERENCE PRESENTATIONS. IN ADDITION, THE COALITION WORKS WITH PROVIDERS ACROSS THE COUNTRY TO IDENTIFY, CREATE, SHARE, AND ACHIEVE BEST PRACTICES IN SERVING DISCONNECTED AND MARGINALIZED YOUNG PEOPLE.
RESEARCH AND DATA - THE COALITION WORKS WITH MEMBERS, FEDERAL AGENCIES, ACADEMIC INSTITUTIONS, AND STATE/LOCAL AGENCIES ON RESEARCH AND DATA PROJECTS TO HELP IMPROVE OUTCOMES FOR DISCONNECTED, DISENGAGED, AND SYSTEMS-INVOLVED YOUTH IN COMMUNITIES.
POLICY AND ADVOCACY - THE PURPOSE OF THE POLICY AND ADVOCACY OF THE COALITION IS TO KEEP MEMBERS INFORMED ABOUT THE LATEST LEGISLATIVE AND REGULATORY POLICY DEVELOPMENTS IN WASHINGTON, D.C., RELATED TO WORKFORCE DEVELOPMENT, EDUCATION, YOUTH DEVELOPMENT, AND TO ORIENT ORGANIZATIONS IN PROMOTING YOUTH-FOCUSED PUBLIC POLICY.
YOUTH LEADERSHIP - THE COALITION STRIVES TO ELEVATE YOUTH LEADERSHIP THROUGH VARIOUS ENGAGEMENT STRATEGIES AND WORKGROUPS. WORKING WITH YOUNG PEOPLE ACROSS THE COUNTRY, THE COALITION FOCUSES ON BUILDING SKILLS, YOUTH ADVOCACY, EDUCATION, COMMUNITY ACTION, AND SOCIAL CAPITAL FOR YOUTH CONNECTED THE YOUTH EMPLOYMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Eagleson Chair (until 4/22) | OfficerTrustee | 4 | $0 |
Robert Sainz Chair (from 4/22) | OfficerTrustee | 4 | $0 |
Liz Jackson-Simpson Vice-Chair Internal Affair | OfficerTrustee | 2 | $0 |
Kisha Bird Vice-Chair External Affair (until 4/22) | OfficerTrustee | 2 | $0 |
Kevin Hickey Vice-Chair External Affair (from 4/22) | OfficerTrustee | 2 | $0 |
Dan Tsin Treasurer (until 4/22) | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,725 |
| All other contributions, gifts, grants, and similar amounts not included above | $664,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $698,454 |
| Total Program Service Revenue | $109,214 |
| Investment income | $42,564 |
| 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 | $862,322 |
| 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. | $131,090 |
| Compensation of current officers, directors, key employees. | $27,077 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,497 |
| Pension plan accruals and contributions | $13,341 |
| Other employee benefits | $16,799 |
| Payroll taxes | $31,181 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,126 |
| Advertising and promotion | $0 |
| Office expenses | $7,033 |
| Information technology | $6,505 |
| Royalties | $0 |
| Occupancy | $2,780 |
| Travel | $9,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,179 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $305 |
| All other expenses | $0 |
| Total functional expenses | $575,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,764 |
| Savings and temporary cash investments | $424,583 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,053 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $538,864 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $973,264 |
| Accounts payable and accrued expenses | $62,089 |
| Grants payable | $0 |
| Deferred revenue | $47,717 |
| 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 | $109,806 |
| Net assets without donor restrictions | $491,349 |
| Net assets with donor restrictions | $372,109 |
| 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 | $973,264 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mobile Hope Association Leesburg, VA | $545,503 | $1,534,119 |
Virginia Home For Boys And Girls Foundation Henrico, VA | $25,660,311 | -$288,765 |
National Youth Employment Coalition Inc Washington, DC | $973,264 | $862,322 |
Evolve Inc Crownsville, MD | $33,335 | $0 |
Youth Foundation Service Club Of Virginia Beach Inc Virginia Beach, VA | $14,482 | $0 |