See Ya Later Foundation Inc
- Assets
- $557.4k
- Revenue
- $398.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Mcminnville, OR
- Founding
- 08/2006
- Data as of
- 12/2022
- EIN
- 20-4525402
Organization Overview
See Ya Later Foundation Inc is located in Mcminnville, OR. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, See Ya Later Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Ya Later Foundation 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 12/2022, See Ya Later Foundation Inc generated $398.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $349.6k during the year ending 12/2022. While expenses have increased by 8.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SEEKS TO CREATE A HOPE AND A FUTURE FOR OUR CHILDREN. WE ENCOURAGE YOUTH BY OFFERING A VARIETY OF DAY CAMPS, ANNUAL COLLEGE SCHOLARSHIPS AND PROVIDE SUPPORT TO FAMILIES WHO ARE STRUGGLING WITH A LIFE THREATENING MEDICAL CRISIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, "SEEDS OF HOPE" PROVIDED RESOURCES TO ABOUT 41 FAMILIES IN OREGON & WASHINGTON UNDERGOING A MEDICAL CRISIS BY PROVIDING FINANCIAL RESOURCES, SPECIAL EXPERIENCES, AND OTHER NEEDS OF THE FAMILY. OVER 170+ FAMILIES HAVE BEEN SERVED AND ENCOURAGED DURING TIMES OF LIFE-THREATENING MEDICAL CRISIS SINCE SEE YA LATER FOUNDATION FIRST BEGAN.
IN 2022, COLLEGE SCHOLARSHIPS WERE PROVIDED TO 16 HIGH SCHOOL SENIORS IN OREGON AND WASHINGTON WHO DEMONSTRATED THEIR COMMITMENT TO THE COMMUNITY THROUGH ACADEMICS, CHARACTER, LEADERSHIP AND SERVICE.
COMMUNITY OUTREACH - ASSISTING FAMILIES IN MEDICAL CRISIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Banke Executive Dir. | Officer | 40 | $60,000 |
Jeff Yates Director | Trustee | 1 | $0 |
Timothy Harris President | OfficerTrustee | 10 | $0 |
Caleb Kearns Vice President | OfficerTrustee | 2 | $0 |
Brian Gene Williams Treasurer | Trustee | 15 | $0 |
Leslie Zook Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $256,905 |
| Related organizations | $0 |
| Government grants | $25,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,259 |
| Noncash contributions included in lines 1a–1f | $88,640 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,164 |
| Total Program Service Revenue | $74,972 |
| Investment income | $103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$29,107 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $398,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $32,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $782 |
| Payroll taxes | $13,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,284 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,173 |
| Advertising and promotion | $14,145 |
| Office expenses | $372 |
| Information technology | $3,329 |
| Royalties | $0 |
| Occupancy | $19,230 |
| Travel | $1,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,188 |
| Insurance | $7,773 |
| All other expenses | $17,202 |
| Total functional expenses | $349,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,299 |
| Savings and temporary cash investments | $378,890 |
| 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 | $5,224 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $557,413 |
| Accounts payable and accrued expenses | $2,181 |
| 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 | $2,181 |
| Net assets without donor restrictions | $555,232 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $557,413 |