Apex For Youth Inc

Organization Overview

Apex For Youth Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 07/2023, Apex For Youth Inc employed 164 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apex For Youth 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 07/2023, Apex For Youth Inc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $5.4m during the year ending 07/2023. While expenses have increased by 19.0% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

APEX FOR YOUTH DELIVERS POSSIBILITIES TO UNDERSERVED ASIAN AND IMMIGRANT YOUTH FROM LOW-INCOME FAMILIES IN NYC. APEX RECRUITS WORKING PROFESSIONALS TO VOLUNTEER AND BECOME POSITIVE ROLE MODELS WHO INSPIRE YOUTH TO EXPAND THEIR HORIZONS AND ENVISION WHAT IS POSSIBLE FOR THEIR LIVES. THROUGH MENTORING AND EDUCATIONAL PROGRAMS THAT SERVE STUDENTS FROM PRE-K TO 12TH GRADE AND BEYOND, APEX VOLUNTEERS GUIDE AND SUPPORT YOUTH TO BECOME CONFIDENT, BE READY FOR COLLEGE AND GIVE BACK TO THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3

PROGRAMMING FOR ASIAN AND IMMIGRANT YOUTH FROM LOW-INCOME FAMILIES FOCUSED ON HEALTH AND WELL-BEING, EDUCATION, AND COMMUNITY ENGAGEMENT, WITH VOLUNTEERS WHO SUPPORT AND MENTOR YOUTH OF ALL AGES.


APEX FOR YOUTH EMPOWERS ASIAN AMERICAN YOUTH FROM LOW-INCOME AND IMMIGRANT FAMILIES IN NEW YORK CITY AND BEYOND TO HELP THEM UNLOCK THEIR POTENTIAL AND A WORLD OF POSSIBILITY IN ACTIVE PURSUIT OF A MORE EQUITABLE FUTURE. IN 2023, THE ORGANIZATION SERVED OVER 2,000 STUDENTS THROUGH PROGRAMS SPANNING ATHLETICS, COLLEGE & CAREER SUCCESS, ELEMENTARY ENRICHMENT, MENTAL HEALTH, AND MENTORING WITH THE SUPPORT OF OVER 700 VOLUNTEERS AND OVER 40 CULTURALLY COMPETENT AND CARING STAFF MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Jiyoon Chung
President
$0
Preeti Sriratana
Chair
$0
Eric Tlee
Secretary
$0
Kathy Wong
Secretary
$0
Blaise Chow
Treasurer
$0
Christopher Chao
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,829,115
Related organizations$0
Government grants $453,516
All other contributions, gifts, grants, and similar amounts not included above$2,651,886
Noncash contributions included in lines 1a–1f $20,000
Total Revenue from Contributions, Gifts, Grants & Similar$5,934,517
Total Program Service Revenue$155,235
Investment income $697
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$583
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,229,533

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