Homestead Youth Association
- Assets
- $46.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pennsauken, NJ
- Founding
- 06/1991
- Data as of
- 12/2021
- EIN
- 22-2562089
Organization Overview
Homestead Youth Association is located in Pennsauken, NJ. The organization was established in 1991. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homestead Youth Association 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 12/2021, Homestead Youth Association generated $39.5k 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 (14.9%) each year. All expenses for the organization totaled $35.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL AND CULTURAL TRAVEL EXPERIENCES FOR YOUTH ANDSENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Bond Board Member | 5 | $0 | |
Elaine Davis Board Member | 5 | $0 | |
Dennis Cream Vice Chair Treasurer | 10 | $0 | |
Terri Wallace Board Member | 5 | $0 | |
Deborah Samuels Board Chair | 15 | $0 | |
Ricardo Taylor Finance Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $39,421 |
| Membership dues | $75 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,498 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,470 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $17,672 |
| Printing, publications, postage, and shipping | $1,118 |
| Other expenses | $10,479 |
| Total expenses | $35,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,780 |
| Other assets | $0 |
| Total assets | $46,369 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,369 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Homestead Youth Association has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louis August Jonas Foundation Inc Rhinebeck, NY | $11,859,352 | $1,408,816 |
Montclair Hockey Club Inc Upper Montclair, NJ | $628,892 | $1,280,540 |
Key Food Stores Foundation Inc Matawan, NJ | $848,079 | $1,153,250 |
East New York Urban Youth Corps Hdfc Brooklyn, NY | $13,757 | $815,475 |
Need In Deed Philadelphia, PA | $1,174,484 | $716,384 |
Rockaway Youth Task Force Inc Far Rockaway, NY | $381,574 | $541,463 |
The Jockey Club Safety Net Foundation New York, NY | $15,871,987 | $1,806,382 |
Nj District Of Key Club International Summit, NJ | $171,225 | $260,822 |
Optimist International Gilbertsville, PA | $62,566 | $220,879 |
Garden Of Eden Foundation New York, NY | $114,252 | $299,075 |
Northeastern Pennsylvania Youth Shelter Dba Nepa Youth Shelter Dunmore, PA | $265,207 | $229,025 |
Flower City Outreach Inc Penfield, NY | $94,550 | $0 |