Friends Of The Stoughton Area Youth Center Inc
- Assets
- $195.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stoughton, WI
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 26-1521016
Organization Overview
Friends Of The Stoughton Area Youth Center Inc is located in Stoughton, WI. The organization was established in 2008. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Stoughton Area Youth Center 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 12/2023, Friends Of The Stoughton Area Youth Center Inc generated $169.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $193.0k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF YOUTH SERVICES IN STOUGHTON WISCONSIN
Describe the Organization's Program Activity:
Part 3
THE FSAYC RAISES FUNDS TO COVER THE SALARY AND BENEFITS OF THE STAFF WHO WORK AT THE STOUGHTON YOUTH CENTER. THIS STAFF PROVIDES THE DAILY PROGRAMMING AT THE CENTER INCLUDING AFTER SCHOOL ACTIVITIES AND YOUTH PROGRAMS. DURING 2022 $119258 WAS SPENT ON STAFF SALARY, BENEFITS AND PAYROLL TAXES.
THE FSAYC RAISED FUNDS FOR REHABILITATION AND IMPROVEMENT OF THE YOUTH CENTER FACILITY. DURING 2022 $146,859 WAS SPENT ON REHABILITATION AND IMPROVEMENT OF THE YOUTH CENTER FACILITY
THE FSAYC RAISES FUNDS TO COVER THE EXPENSES OF THE AFTER SCHOOL ACTIVITIES AND YOUTH PROGRAMS AT THE CENTER. DURING 2021 $7365 WAS SPENT ON AFTER SCHOOL ACTIVITIES AND YOUTH PROGRAMS.
THE FSAYC RAISES FUNDS TO COVER EXPENSES OF A SUMMER LUNCH PROGRAM FOR CHILDREN WHO QUALIFY FOR THE LUNCH PROGRAM DURING THE NORMAL SCHOOL YEAR. DURING 2021 $4220 WAS SPENT ON THE SUMMER LUNCH PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Koshollek Board Member | 2 | $0 | |
Kate Ahlgren President | 5 | $0 | |
Ann Marie Oakland Vice President | 10 | $0 | |
Robert Mcgeever Treasurer | 5 | $0 | |
Amanda Burian Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,007 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,007 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $192,990 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,682 |
| Other assets | $0 |
| Total assets | $195,682 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,682 |