Ypo Inc
- Assets
- $19.1k
- Revenue
- $287.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, CT
- Founding
- 03/1989
- Data as of
- 06/2022
- EIN
- 20-2073344
Organization Overview
Ypo Inc is located in Norwalk, CT. The organization was established in 1989. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports 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 06/2022, Ypo Inc generated $287.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $311.7k during the year ending 06/2022. While expenses have increased by 8.3% 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 DEVELOP & PROMOTE THE EXCHANGE OF IDEAS, EXPERIENCES, & PRACTICES PERTAINING TO THE PROBLEMS OF AMERICAN BUSINESS MANAGEMENT, AND ACCOMPLISHES THIS THROUGH PERIODIC MEETINGS & FORUMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S OBJECTIVE: TO DEVELOP & PROMOTE THE EXCHANGE OF IDEAS, EXPERIENCES & PRACTICES PERTAINING TO THE PROBLEMS OF AMERICAN BUSINESS MANAGEMENT, AND ACCOMPLISHES THIS THROUGH PERIODIC MEETINGS & FORUMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunil Garga Chapter Chairman | Officer | 2 | $0 |
Patrick Baugier Advisor | Officer | 2 | $0 |
Aaron Hollander Advisor | Officer | 2 | $0 |
Gary Goldberg Treasurer | Officer | 2 | $0 |
Lynn Clarke Member Integration Chair | Trustee | 2 | $0 |
Patrick Gilrane North East Regional Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $287,633 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,633 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $287,633 |
| 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. | $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 | $3,983 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,309 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,899 |
| Advertising and promotion | $0 |
| Office expenses | $3,816 |
| 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 | $242,646 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,347 |
| All other expenses | $1,559 |
| Total functional expenses | $311,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,087 |
| Savings and temporary cash investments | $0 |
| 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 | $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 | $19,087 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $19,087 |
| Total liabilities and net assets/fund balances | $19,087 |
Grants Awarded
Over the last fiscal year, Ypo Inc has awarded $10,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Jacksonville, FL | | $2,500 |
Stamford, CT | | $2,000 |
Boston, MA | | $2,000 |
Cos Cob, CT | | $2,000 |
TEACH FOR AMERICA | | | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern States Exposition West Springfield, MA | $51,715,306 | $35,856,934 |
Erie County Agricultural Society Hamburg, NY | $60,939,761 | $12,196,655 |
Massachusetts Corrections Officers Federated Union Milford, MA | $5,016,192 | $3,161,226 |
New England Fuel Institute Inc Wilmington, MA | $718,912 | $1,881,576 |
Hampshire Franklin And Hampden Agricultural Soc Northampton, MA | $5,535,484 | $2,024,301 |
Rensselaer County Agricultural And Horticultural Society Schaghticoke, NY | $177,388 | $1,283,672 |
The Woodstock Agricultural Society Woodstock, CT | $6,649,911 | $1,484,894 |
A Taste Of Buffalo Inc Lancaster, NY | $218,839 | $1,255,644 |
Washington County Fair Inc Greenwich, NY | $4,674,177 | $1,578,526 |
Rochester Fringe Festival Inc Rochester, NY | $674,965 | $1,364,718 |
Ulster County Agricultural Society New Paltz, NY | $1,392,415 | $1,113,784 |
Columbia County Agricultural Society Chatham, NY | $1,929,227 | $813,177 |