Youth Investment Foundation
- Assets
- $3.0m
- Revenue
- $3.6m
- Investments
- $17.7k
- Employees
- 57
- Location
- Medina, MN
- Founding
- 05/1970
- Data as of
- 12/2021
- EIN
- 23-7058853
Organization Overview
Youth Investment Foundation is located in Medina, MN. The organization was established in 1970. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Youth Investment Foundation employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Investment Foundation 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, Youth Investment Foundation generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 2.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE NEW ATTITUDES AND BEHAVIOR IN ALIENATED YOUTH THROUGH A GROWING FAITH IN CHRIST, SUPPORTIVE STAFF MENTORING AND HEALTHY RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH INVESTMENT FOUNDATION (THE ORGANIZATION), ESTABLISHED IN 1970, IS A CHRIST-CENTERED OUTREACH FOR HIGH-RISK YOUTH FROM SUBURBAN,URBAN AND SMALL TOWN COMMUNITIES. THE ORGANIZATION'S BASIC PURPOSE IS TO EFFECT AND CREATE NEW ATTITUDES AND BEHAVIOR IN ALIENATED YOUTH THROUGH A GROWING FAITH IN CHRIST, SUPPORTIVE STAFF COUNSELING AND HEALTHY RELATIONSHIPS. THE ORGANIZATION SEEKS TO CREATE A SENSE OF PURPOSE AND BELONGING IN YOUTH BY EMPHASIZING SELF-WORTH, FORGIVENESS AND FREEDOM FROM GUILT. IN ADDITION, THE ORGANIZATION STRIVES TO DEVELOP ACCOUNTABILITY AND A BALANCED PERSPECTIVE OF AUTHORITY AND FREEDOM. THE ORGANIZATION REACHES AN ESTIMATED TWELVE HUNDRED YOUTH PER YEAR IN ACTIVITIES RANGING FROM SMALL GROUPS TO ONE-ON-ONE CONTACTS. YOUTH INVESTMENT FOUNDATION MAINTAINS AND SPONSORS A CAMP AND RETREAT CENTER IN NORTHERN MINNESOTA TO MEET THIS PURPOSE. AT CAMP THE ORGANIZATION SERVICES APPROXIMATELY FOUR THOUSAND YOUTHS FROM THE COMMUNITY. A MAJOR COMPONENT OF THE CAMP IS A WORKCREW, FOCUSING ON BUILDING YOUNG PEOPLE WHILE BUILDING THE CAMP. THE WORKCREW CONNECTS WITH THE YOUTH PARTICIPANTS AND FOCUSES ON BUILDING SELF-ESTEEM, THE SENSE OF ACCOMPLISHMENT, CARING AND A SENSE OF CONTRIBUTION. THE GET-AWAYS ARE FOR YOUTH WHO ARE GROWING AND MATURING IN THEIR FAITH THROUGH TIMBER BAY (THE CAMP). THE GET-AWAYS HAVE STAFF LED WORKSHOPS AND DISCUSSIONS THAT FOCUS ON EVERYDAY LIFE AND FAITH. IN OUR SMALL GROUPS, PEERS EXPERIENCING SIMILAR STRUGGLES WORK IN A VARIETY OF GROUPS, INCLUDING BIBLE STUDY, DRUG AFTERCARE, AND CARE AND SHARE GROUPS WITH TRUSTED STAFF MEMBERS. IN ADDITION, YOUTH INVESTMENT FOUNDATION HAS COMMUNITY PROGRAMS IN VARIOUS MINNESOTA AND IOWA COMMUNITIES. THE ORGANIZATION IS PRIMARILY SUPPORTED BY CONTRIBUTIONS OF INDIVIDUALS.
YOUTH INVESTMENT FOUNDATION (THE ORGANIZATION), ESTABLISHED IN 1970, IS A CHRIST-CENTERED OUTREACH FOR HIGH-RISK YOUTH FROM SUBURBAN,URBAN AND SMALL TOWN COMMUNITIES. THE ORGANIZATION'S BASIC PURPOSE IS TO EFFECT AND CREATE NEW ATTITUDES AND BEHAVIOR IN ALIENATED YOUTH THROUGH A GROWING FAITH IN CHRIST, SUPPORTIVE STAFF MENTORING AND HEALTHY RELATIONSHIPS. THE ORGANIZATION SEEKS TO CREATE A SENSE OF PURPOSE AND BELONGING IN YOUTH BY EMPHASIZING SELF-WORTH, FORGIVENESS AND FREEDOM FROM GUILT. IN ADDITION, THE ORGANIZATION STRIVES TO DEVELOP ACCOUNTABILITY AND A BALANCED PERSPECTIVE OF AUTHORITY AND FREEDOM. THE ORGANIZATION REACHES AN ESTIMATED TWELVE HUNDRED YOUTH PER YEAR IN ACTIVITIES RANGING FROM SMALL GROUPS TO ONE-ON-ONE CONTACTS. YOUTH INVESTMENT FOUNDATION MAINTAINS AND SPONSORS A CAMP AND RETREAT CENTER IN NORTHERN MINNESOTA TO MEET THIS PURPOSE. AT CAMP THE ORGANIZATION SERVICES APPROXIMATELY FOUR THOUSAND YOUTHS FROM THE COMMUNITY. A MAJOR COMPONENT OF THE CAMP IS A WORKCREW, FOCUSING ON BUILDING YOUNG PEOPLE WHILE BUILDING THE CAMP. THE WORKCREW CONNECTS WITH THE YOUTH PARTICIPANTS AND FOCUSES ON BUILDING SELF-ESTEEM, THE SENSE OF ACCOMPLISHMENT, CARING AND A SENSE OF CONTRIBUTION. THE GET-AWAYS ARE FOR YOUTH WHO ARE GROWING AND MATURING IN THEIR FAITH THROUGH TIMBER BAY (THE CAMP). THE GET-AWAYS HAVE STAFF LED WORKSHOPS AND DISCUSSIONS THAT FOCUS ON EVERYDAY LIFE AND FAITH. IN OUR SMALL GROUPS, PEERS EXPERIENCING SIMILAR STRUGGLES WORK IN A VARIETY OF GROUPS, INCLUDING BIBLE STUDY, DRUG AFTERCARE, AND CARE AND SHARE GROUPS WITH TRUSTED STAFF MEMBERS. IN ADDITION, YOUTH INVESTMENT FOUNDATION HAS COMMUNITY PROGRAMS IN VARIOUS MINNESOTA AND IOWA COMMUNITIES. THE ORGANIZATION IS PRIMARILY SUPPORTED BY CONTRIBUTIONS OF INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Thyren Board Member | Trustee | 40 | $139,905 |
Jon Ring President | OfficerTrustee | 40 | $91,371 |
Mark Ritchie Coo/vp/treas | Officer | 40 | $70,055 |
Laura Tolifson Corp Secreta | Officer | 40 | $53,614 |
Kathy Gaalswyk Board Member | Trustee | 1 | $0 |
Neil Gaalswyk Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,299,011 |
| Noncash contributions included in lines 1a–1f | $44,551 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,299,011 |
| Total Program Service Revenue | $175,428 |
| Investment income | $940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,969 |
| Net Income from Fundraising Events | $51,944 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $773 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,565,065 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,671 |
| 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. | $354,945 |
| Compensation of current officers, directors, key employees. | $186,592 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,837,914 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $250,082 |
| Payroll taxes | $119,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,331 |
| Fees for services: Accounting | $14,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $283,492 |
| Advertising and promotion | $0 |
| Office expenses | $160,243 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $140,900 |
| Travel | $117,801 |
| 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 | $153,634 |
| Insurance | $55,629 |
| All other expenses | $0 |
| Total functional expenses | $3,506,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $553,201 |
| Savings and temporary cash investments | $551,086 |
| 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 | $8,503 |
| Prepaid expenses and deferred charges | $8,552 |
| Net Land, buildings, and equipment | $1,883,763 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $17,710 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,022,815 |
| Accounts payable and accrued expenses | $16,454 |
| 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 | $20,000 |
| Other liabilities | $0 |
| Total liabilities | $36,454 |
| Net assets without donor restrictions | $2,880,965 |
| Net assets with donor restrictions | $105,396 |
| 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 | $3,022,815 |
Grants Awarded
Over the last fiscal year, Youth Investment Foundation has awarded $43,121 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TREEHOUSE | | | $23,125 |
Indianapolis, IN PURPOSE: ORGANIZATION SUPPORT | $19,996 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Youth Investment Foundation has recieved totaling $164,872.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $50,850 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $28,844 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $27,260 |
Communitygiving St Cloud, MN PURPOSE: GEN/OPER SUPPORT | $25,000 |
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, HUMAN SERVICES | $10,500 |
The United Way Of Bemidji Area Bemidji, MN PURPOSE: AT-RISK YOUTH SERVS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Link Minneapolis, MN | $6,613,404 | $13,474,275 |
Youth Emergency Services & Shelter Of Iowa Des Moines, IA | $0 | $217,505 |
Boys & Girls Club Fox Valley Inc Appleton, WI | $26,027,679 | $9,240,725 |
Nexus-Kindred Family Healing Plymouth, MN | $839,964 | $6,183,388 |
Youthlink Minneapolis, MN | $7,176,336 | $4,645,076 |
Pathfinders Milwaukee Inc Milwaukee, WI | $3,323,212 | $6,489,497 |
Face To Face Health & Counseling Service Inc St Paul, MN | $2,240,390 | $4,777,306 |
Alia St Paul, MN | $2,112,813 | $3,052,828 |
Youth Investment Foundation Medina, MN | $3,022,815 | $3,565,065 |
Ain Dah Yung Our Home Center St Paul, MN | $2,593,572 | $3,707,790 |
Positive Alternatives Inc Menomonie, WI | $2,331,040 | $3,405,392 |
Way To Grow Minneapolis, MN | $5,245,632 | $3,493,274 |