Vickery Meadow Youth Development Foundation
- Assets
- $6.5m
- Revenue
- $1.9m
- Investments
- $5.2k
- Employees
- 15
- Location
- Dallas, TX
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 26-1199982
Organization Overview
Vickery Meadow Youth Development Foundation is located in Dallas, TX. The organization was established in 2008. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Vickery Meadow Youth Development Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vickery Meadow Youth Development 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 12/2023, Vickery Meadow Youth Development Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 9 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.
Since 2015, Vickery Meadow Youth Development Foundation has awarded 28 individual grants totaling $590,854. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE VICKERY MEADOW A GREAT COMMUNITY AND TO HELP ITS CHILDREN REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EAGLE SCHOLARS - THE EAGLE SCHOLARS COLLEGE READINESS PROGRAM PROVIDES ACADEMIC, SOCIAL, AND EMOTIONAL ENCOURAGEMENT AND SUPPORT TO HIGH-POTENTIAL, UNDERSERVED STUDENTS. THE PROGRAM OFFERS A COMPREHENSIVE SET OF SERVICES, INCLUDING MENTORSHIP, COLLEGE AND CAREER COUNSELING, LEADERSHIP DEVELOPMENT, AND CULTURAL COMPETENCY. THE PROGRAM IS HELD EACH DAY FOR SIX WEEKS IN THE SUMMER AND WEEKLY DURING THE SCHOOL YEAR. ADDITIONALLY, THE PROGRAM PROVIDES SUPPORT TO THE SCHOLARS WHO GO ON TO COLLEGE AND SUPPORTS THEM THROUGH COLLEGE GRADUATION.
ACADEMIC ENHANCEMENT & COMMUNITY SUPPORT - THIS REPRESENTS RESOURCES THE FOUNDATION PROVIDES TO INCREASE THE ACADEMIC ACHIEVEMENT OF THE YOUTH IN VICKERY. ITEMS IN THIS CATEGORY TYPICALLY INCLUDE: FUNDING EDUCATIONAL FIELD TRIPS, PROVIDING EDUCATIONAL ENRICHMENT OPPORTUNITIES IN COLLABORATION WITH THE LOCAL SCHOOLS, AND DISTRIBUTING BOOKS TO SECOND AND THIRD GRADERS FOR AT-HOME READING.
SCHOLARSHIPS - EAGLE SCHOLARS WHO START IN MIDDLE SCHOOL AND CONTINUE IN THE PROGRAM THROUGH COLLEGE ARE PROVIDED WITH SCHOLARSHIPS FROM THE FOUNDATION TO HELP COVER THEIR FOOD, HOUSING, TUITION, BOOKS, AND OTHER EDUCATIONALL EXPENSES. THE FOUNDATION'S GOAL FOR SCHOLARS IS TO FINISH COLLEGE DEBT FREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Neill President/chairman | Trustee | 2 | $0 |
Harry Smith Vice Chairman | Trustee | 2 | $0 |
Jonathan Hustis Member | Trustee | 2 | $0 |
Barbara Neill Member | Trustee | 2 | $0 |
Ellen Wood Member | Trustee | 2 | $0 |
James Payne Member | Trustee | 2 | $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 | $1,911,964 |
| Noncash contributions included in lines 1a–1f | $122,564 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,911,964 |
| Total Program Service Revenue | $0 |
| Investment income | $8,350 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,248 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,936,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| Grants and other assistance to domestic individuals. | $62,442 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $295,617 |
| Compensation of current officers, directors, key employees. | $8,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,744 |
| Pension plan accruals and contributions | $16,694 |
| Other employee benefits | $40,542 |
| Payroll taxes | $100,107 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,843 |
| Advertising and promotion | $0 |
| Office expenses | $61,339 |
| Information technology | $22,002 |
| Royalties | $0 |
| Occupancy | $780 |
| Travel | $15,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81,065 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $127,689 |
| Insurance | $24,459 |
| All other expenses | $40,893 |
| Total functional expenses | $1,557,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397,284 |
| Savings and temporary cash investments | $326,008 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,775,867 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,214 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,504,373 |
| Accounts payable and accrued expenses | $105,693 |
| 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 | $2,582,568 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,688,261 |
| Net assets without donor restrictions | $3,598,221 |
| Net assets with donor restrictions | $217,891 |
| 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 | $6,504,373 |
Grants Awarded
Over the last fiscal year, Vickery Meadow Youth Development Foundation has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIANA ESPINOZA DBA MONARCA FRUTERIA PURPOSE: PROVIDE AFTERSCHOOL PROGRAMS FOR CHILDREN | $10,000 |
ARIF CAFE PURPOSE: PROVIDE AFTERSCHOOL PROGRAMS FOR CHILDREN | $10,000 |
TAYLOR SNOW DBA HEAD TO TOE PLUS PURPOSE: PROVIDE AFTERSCHOOL PROGRAMS FOR CHILDREN | $10,000 |