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 06/2023, 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 06/2023, Youth Co-Op Inc generated $45.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $36.5m during the year ending 06/2023. While expenses have increased by 2.4% 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
2023
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 PROGRAMSREFUGEES ARE INDIVIDUALS AND FAMILIES WHO HAVE FLED THEIR COUNTRIES OF ORIGIN AND HAVE MET THE UNITED NATIONS' CRITERIA OF HAVING A "WELL-FOUNDED FEAR OF BEING PERSECUTED FOR REASONS OF RACE, RELIGION, NATIONALITY, MEMBERSHIP IN A PARTICULAR SOCIAL GROUP OF POLITICAL OPINION". THE REFUGEE SERVICES IN SOUTH FLORIDA, COVERING PALM BEACH, BROWARD AND MIAMI DADE COUNTIES, OFFER AN ARRAY OF PROGRAMS TO ASSIST REFUGEES, ASYLUMS, AND PUBLIC INTEREST PAROLEES IN ACHIEVING SELF-SUFFICIENCY TO EASE THE TRANSITION IN THEIR NEW COUNTRY. THE AGENCY HAS OFFERED REFUGEE EMPLOYMENT SERVICES SINCE 1982. IN 1997, YOUTH CO-OP JOINED THE NETWORK OF THE U.S. COMMITTEE 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.
YOUTHFUNDED BY FEDERAL AND LOCAL GRANTS, THESE PROGRAMS SERVE CHILDREN AND YOUTH AGES 5 THROUGH 24. 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 PROGRAM HELPS DROPOUT PREVENTION, AND TEACH POSITIVE DECISION-MAKING SKILLS TO PROMISING YOUTH WITH RISK FACTORS.
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, 2023, AN AVERAGE OF 776 STUDENTS WERE ENROLLED IN GRADES KINDERGARTEN THROUGH EIGHTH AT YCCS AND AN AVERAGE OF 244 STUDENTS WERE ENROLLED IN GRADES NINTH THROUGH TWELFTH AT YCPHS.
WORKFORCE PROGRAMSYCI OPERATES THREE 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 YOUTH CO-OP'S CENTERS. SERVICES ARE FUNDED BY VARIOUS FEDERAL GRANTS THAT TARGET SPECIFIC POPULATIONS AND NEEDS. THESE INCLUDE UNEMPLOYMENT AND REEMPLOYMENT 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elena Z George Director | Trustee | 1 | $0 |
Wifredo Gort Director | Trustee | 1 | $0 |
Blanca Malagon Director | Trustee | 1 | $0 |
Jonathan A Martinez Director | Trustee | 1 | $0 |
Lourdes Rassi Director | Trustee | 1 | $0 |
Maria Rodriguez Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lutheran Services Florida Refugee And Immigrant Services | 6/29/23 | $1,616,889 |
Arbor E&t Llc Refugee And Immigrant Services | 6/29/23 | $1,087,114 |
Adults Mankind Organization Inc Refugee And Immigrant Services | 6/29/23 | $777,858 |
St Thomas University Refugee And Immigrant Services | 6/29/23 | $593,850 |
Church World Services Refugee And Immigrant Services | 6/29/23 | $386,223 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $44,994,572 |
All other contributions, gifts, grants, and similar amounts not included above | $165,124 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $45,159,696 |
Total Program Service Revenue | $0 |
Investment income | $110 |
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 | $45,210,186 |
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 | $17,625,501 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,274,790 |
Payroll taxes | $1,353,738 |
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 | $352,153 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $568,302 |
Travel | $295,183 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,143,402 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $918,946 |
Insurance | $392,358 |
All other expenses | $1,592,293 |
Total functional expenses | $36,456,575 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,058,617 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $8,092,513 |
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 | $130,860 |
Net Land, buildings, and equipment | $18,672,685 |
Investments—publicly traded securities | $0 |
Investments—other securities | $108,105 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,415,445 |
Total assets | $40,478,225 |
Accounts payable and accrued expenses | $2,391,755 |
Grants payable | $0 |
Deferred revenue | $95,643 |
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 | $20,000,755 |
Other liabilities | $115,352 |
Total liabilities | $22,603,505 |
Net assets without donor restrictions | $17,874,720 |
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 | $40,478,225 |