Ycs Foundation Inc

Organization Overview

Ycs Foundation Inc is located in Newark, NJ. The organization was established in 2000. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ycs 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 06/2022, Ycs Foundation Inc generated $1.2m 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 (3.7%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE YCS FOUNDATION'S MISSION IS TO FILL IN THE GAPS LEFT BY GOVERNMENT FUNDING, SO THAT YCS CAN CONTINUE TO BE INNOVATIVE IN THE WAYS WE SERVE CHILDREN. THE FOUNDATION CAN FUND A PROGRAMMING IDEA BEFORE GOVERNMENT SOURCES REALIZE THE NEED, GROW YCS PROGRAMMING OUTSIDE OF TRADITIONAL PROBLEM-FOCUSED PROGRAMS, AND PROVIDE THE CHILDREN IN YCS' CARE WITH EVERYTHING THEY NEED TO THRIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GOAL OF THE YCS FOUNDATION IS TO RAISE FUNDS TO HELP SUPPORT THE MANY PROGRAMS OF YCS, INC. RESIDENTIAL PROGRAMS ARE PROVIDED FOR CHILDREN WHO, FOR VARIOUS REASONS, CANNOT LIVE WITH THEIR FAMILIES AND ADULT PROGRAMS FOR CLIENTS WITH DDD THAT REQUIRE FULL TIME CARE. COMMUNITY PROGRAMS INCLUDE PROGRAMS THAT SERVE CHILDREN WITH EMOTIONAL AND BEHAVIORAL ISSUES AND PROGRAMS THAT HELP EQUIP FIRST TIME MOTHERS WITH PARENTING SKILLS. FINALLY, YCS SCHOOLS SERVE CHILDREN WITH EMOTIONAL, BEHAVIORAL AND FAMILY ISSUES AS WELL AS THOSE WITH AUTISM. IN BOTH CASES, THE STUDENT RECEIVES SPECIAL INDIVIDUALIZED ATTENTION THAT THEY WOULD NOT GET IN A MORE TRADITIONAL EDUCATIONAL ENVIRONMENT. THE FOUNDATION TELLS THIS STORY THROUGH A SERIES OF FUNDRAISING EVENTS THAT INCLUDE SPORTING AND FOOD TASTING AS WELL AS DIRECT OUTREACH TO INDIVIDUALS, FOUNDATIONS, AND CORPORATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Egert
Chairperson
$0
Vanessa Tyler
Vice Chair
$0
John Uzzi
Treasurer
$0
Nancy Dweck
Secretary
$0
Faye Samuels
Trustee
$0
Dominick Bratti
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$114,975
Related organizations$0
Government grants $360
All other contributions, gifts, grants, and similar amounts not included above$1,101,828
Noncash contributions included in lines 1a–1f $407,827
Total Revenue from Contributions, Gifts, Grants & Similar$1,217,163
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 -$101
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,217,062

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