Youth Co-Op Inc is located in Miami, FL. The organization was established in 1976. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2022, Youth Co-Op Inc employed 602 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Co-Op 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, Youth Co-Op Inc generated $28.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $27.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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 IMPROVE THE SOCIAL AND ECONOMIC CONDITIONS OF SOUTH FLORIDA RESIDENTS THROUGH A VARIETY OF PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFUGEE PROGRAMSTHE REFUGEE SERVICES IN SOUTH FLORIDA, COVERING PALM BEACH AND MIAMI DADE COUNTIES, OFFER AN ARRAY OF PROGRAMS TO ASSIST REFUGEES, ASYLUMS, AND PUBLIC INTEREST PAROLLEES IN ACHIEVING SELF-SUFFICIENCY TO EASE THE TRANSITION IN THEIR NEW COUNTRY. THE AGENCY HAS OFFERED EMPLOYMENT SERVICES SINCE 1982. IN 1997, YOUTH CO-OP JOINED THE NETWORK ON U.S. FOR REFUGEES AND IMMIGRANTS TO PROVIDE RECEPTION AND PLACEMENT AND MATCHING GRANT PROGRAM SERVICES TO REFUGEES FROM VARIED COUNTRIES. ALL SERVICES ARE FREE AND AVAILABLE IN THE LANGUAGES SPOKEN BY THE PARTICIPANTS. THE RESETTLEMENT PROGRAM ASSISTS REFUGEES IN TRANSLATING THEIR STRENGTHS, SKILLS AND PAST EXPERIENCES INTO ASSETS; THE MATCH GRANT PROGRAM ASSISTS IN ACHIEVING EARLY SELF-SUFFICIENCY WITHOUT ACCESSING PUBLIC ASSISTANCE; EMPLOYMENT AND TRAINING PROGRAMS PROVIDE ASSISTANCE FOR EMPLOYMENT AS A KEY TO SUCCESSFUL INTEGRATION INTO AMERICAN SOCIETY AND IMMIGRATION ASSISTANCE IS ALSO PROVIDED IN PREPARATION FOR ACHIEVING CITIZENSHIP.
CHARTER SCHOOLSYCI'S BOARD IS COMMITTED TO GROW IN THE EDUCATION SECTOR. YCI CREATED AN EDUCATIONAL DIVISION TO OPERATE ITS NETWORK OF SCHOOLS, WHICH DESIGNS, DEVELOPS AND IMPLEMENTS SUCCESSFUL POLICIES AND PROCEDURES TO SUPPORT THE GROWTH OF THE NETWORK. THERE ARE CURRENTLY TWO SCHOOLS, WHICH HAVE CHARTERS SPONSORED BY THE MIAMI-DADE COUNTY PUBLIC SCHOOL BOARD - YOUTH CO-OP CHARTER SCHOOL ("YCCS") AND YOUTH CO-OP PREPARATORY HIGH SCHOOL ("YCPHS"). FOR THE YEAR ENDED JUNE 30, 2018, AN AVERAGE OF 1,026 STUDENTS WERE ENROLLED IN GRADES KINDERGARTEN THROUGH EIGHTH AT YCCS AND AN AVERAGE OF 265 STUDENTS WERE ENROLLED IN GRADES NINTH THROUGH TWELFTH AT YCPHS.
WORKFORCE PROGRAMSYCI OPERATES FOUR CAREER CENTERS IN PARTNERSHIP WITH THE LOCAL REGION'S WORKFORCE BOARD. CENTERS ARE LOCATED IN MIAMI-DADE COUNTY. A BROAD RANGE OF SPECIALIZED SERVICES AND RESOURCES ARE AVAILABLE AND ACCESSIBLE TO JOB SEEKERS AND EMPLOYERS THROUGHOUT THESE CENTERS. SERVICES ARE FUNDED BY VARIOUS FEDERAL GRANTS THAT TARGET SPECIFIC POPULATIONS AND NEEDS. THESE INCLUDE UNEMPLOYMENT AND RE-EMPLOYMENT ASSISTANCE TO THE GENERAL PUBLIC, ECONOMICALLY DISADVANTAGED ADULTS AND DISLOCATED WORKERS, OR FAMILIES IN NEED OF TEMPORARY ASSISTANCE. TRAINING AND SUPPORT SERVICES ARE OFFERED DEPENDING ON THE ELIGIBILITY AND ON THE SPECIFIC GOALS SET FOR EACH CLIENT.
YOUTHFUNDED BY FEDERAL, STATE AND LOCAL GRANTS, THESE PROGRAMS SERVE CHILDREN AND YOUTH AGES 5 THROUGH 21. THE PARTICIPANTS ARE FROM DIVERSE BACKGROUNDS REFLECTIVE OF THE COMMUNITY. THE OUT OF SCHOOL PROGRAM ADDRESSES THE NEEDS OF YOUTH WHO HAVE DROPPED OUT OF SCHOOL, THE IN SCHOOL HELPS DROP-OUT PREVENTION, AND CRIME PREVENTION PROGRAMS TEACH POSITIVE DECISION-MAKING SKILLS TO PROMISING YOUTH WITH RISK FACTORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Connie Perez-Borroto President | 40 | $232,171 | |
Alicia Sante Program Director | Officer | 40 | $206,196 |
Maritza Aragon Principal | 40 | $157,809 | |
Jorge Pichardo Finance Director | 40 | $140,192 | |
Mario Hernandez-Fumero Vice-Chairman | Officer | 1 | $0 |
Osvaldo Frank Valladares Chairman | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aetna Life Insurance Co Health Insurance | 6/29/22 | $895,844 |
United Health Care Health Insurance | 6/29/22 | $844,992 |
Lutheran Services Florida Protection, Advocacy, Fiduciary Services | 6/29/22 | $800,710 |
Insight Direct Usainc Merchant Wholesalers | 6/29/22 | $467,499 |
Arbor E&t Llc Health Services | 6/29/22 | $459,120 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $28,423,202 |
All other contributions, gifts, grants, and similar amounts not included above | $169,847 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $28,593,049 |
Total Program Service Revenue | $0 |
Investment income | $108 |
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 | $28,658,578 |
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 | $14,414,141 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,880,552 |
Payroll taxes | $1,014,183 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $251,807 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $400,761 |
Travel | $106,894 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,115,309 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $830,747 |
Insurance | $336,882 |
All other expenses | $1,192,228 |
Total functional expenses | $27,138,512 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,005,470 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $4,657,724 |
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 | $92,380 |
Net Land, buildings, and equipment | $19,180,114 |
Investments—publicly traded securities | $0 |
Investments—other securities | $121,436 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,330,823 |
Total assets | $32,387,947 |
Accounts payable and accrued expenses | $1,660,191 |
Grants payable | $0 |
Deferred revenue | $81,455 |
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 | $21,396,046 |
Other liabilities | $129,146 |
Total liabilities | $23,266,838 |
Net assets without donor restrictions | $9,121,109 |
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 | $32,387,947 |
Over the last fiscal year, we have identified 2 grants that Youth Co-Op Inc has recieved totaling $248,531.
Awarding Organization | Amount |
---|---|
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $165,131 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: SPECIAL PROJECT | $83,400 |
Organization Name | Assets | Revenue |
---|---|---|
Youth Co-Op Inc Miami, FL | $32,387,947 | $28,658,578 |
First Coast Workforce Development Inc Fleming Island, FL | $3,324,303 | $15,945,752 |
Careersource Palm Beach County Inc West Palm Beach, FL | $2,317,114 | $14,436,935 |
Careersource Florida Inc Tallahassee, FL | $11,274,205 | $13,537,394 |
Southwest Alabama Partnership For Training And Employment Inc Mobile, AL | $2,770,516 | $12,222,275 |
Tech Alabama Birmingham, AL | $26,385,584 | $28,965,281 |
Southwest Florida Workforce Development Board Inc Fort Myers, FL | $6,992,908 | $10,165,135 |
Worknet Pinellas Inc Clearwater, FL | $1,995,144 | $7,597,320 |
Employu Inc Casselberry, FL | $5,383,927 | $11,177,844 |
Workforce Development Board Of Flagler And Volusia Counties Inc Daytona Beach, FL | $2,463,348 | $8,211,477 |
Citrus Levy Marion Regional Workforce Development Board Inc Ocala, FL | $1,453,598 | $7,509,133 |
Oic Of South Florida Inc Fort Lauderdale, FL | $1,014,122 | $6,787,267 |