Yblc Inc is located in North Chicago, IL. The organization was established in 2004. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Yblc Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yblc 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, Yblc Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 2.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE UNDERSERVED YOUNG ADULTS WITH THE EDUCATION, TRAINING AND LIFE SKILLS NECESSARY TO BECOME GAINFULLY EMPLOYED AND BUILD A BETTER FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTHBUILD OFFERS EDUCATION AND JOB TRAINING PROGRAMS. STUDENTS ARE ABLE TO EARN THEIR HIGH SCHOOL DIPLOMA AND LEARN MARKETABLE JOB SKILLS THROUGH CLASSROOM WORK AND BUILDING AND/OR RENOVATING AFFORDABLE HOUSING. STUDENTS ARE ALSO ABLE TO EARN INDUSTRY RECOGNIZED CERTIFICATIONS IN SEVERAL TRADES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tameka Wilson Executive Director | Officer | 40 | $90,300 |
Ruth Lynette Yearwood Finance Director | Officer | 40 | $74,173 |
Kay Kneeland Chairperson | Trustee | 3 | $0 |
Brad Harper Vice Chairperson | Trustee | 3 | $0 |
Drew Janes Secretary | Trustee | 3 | $0 |
Allen Berger Treasurer | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $313,018 |
Related organizations | $0 |
Government grants | $1,114,268 |
All other contributions, gifts, grants, and similar amounts not included above | $317,255 |
Noncash contributions included in lines 1a–1f | $3,723 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,744,541 |
Total Program Service Revenue | $0 |
Investment income | $28 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$65,010 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,685,991 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $94,055 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $157,931 |
Compensation of current officers, directors, key employees. | $38,378 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $752,484 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $40,538 |
Payroll taxes | $74,621 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $81,414 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $33,707 |
Advertising and promotion | $0 |
Office expenses | $50,931 |
Information technology | $18,230 |
Royalties | $0 |
Occupancy | $34,790 |
Travel | $916 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $29,664 |
Interest | $1,720 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,542 |
Insurance | $38,115 |
All other expenses | $22,044 |
Total functional expenses | $1,624,090 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $384,764 |
Savings and temporary cash investments | $30,126 |
Pledges and grants receivable | $475,414 |
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 | $18,552 |
Net Land, buildings, and equipment | $22,220 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $30,232 |
Total assets | $961,308 |
Accounts payable and accrued expenses | $100,757 |
Grants payable | $0 |
Deferred revenue | $8,500 |
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 | $109,257 |
Net assets without donor restrictions | $757,370 |
Net assets with donor restrictions | $94,681 |
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 | $961,308 |