Caribbean Youth Network Inc
- Assets
- $539.4k
- Revenue
- $842.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Pittsburgh, PA
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 26-2673795
Organization Overview
Caribbean Youth Network Inc is located in Pittsburgh, PA. The organization was established in 2008. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Caribbean Youth Network Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caribbean Youth Network 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 12/2021, Caribbean Youth Network Inc generated $842.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $932.9k during the year ending 12/2021. While expenses have increased by 15.4% 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
A CHRISTIAN MISSIONARY SOCIETY FOCUSING ON YOUTH MINISTRY DEVELOPMENT IN THE CARIBBEAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH MINISTRY (50%) THROUGH THE CARIBBEAN YOUTH NETWORK'S MISSIONARY STAFF, YOUTH MINISTRY WAS PROVIDED ON THE ISLANDS OF LONG ISLAND, NEW PROVIDENCE, AND ABACO, BAHAMAS. THE MINISTRY INVOLVED 900 STUDENTS AND 35 VOLUNTEER LEADERS. THE OBJECT OF THIS PROGRAM INITIATIVE WAS TO PROVIDE OPPORTUNITIES FOR HIGH SCHOOL STUDENTS TO GROW IN THEIR UNDERSTANDING OF CHRISTIANITY AND TRAIN ADULT VOLUNTEER LEADERS IN THE YOUTH MINISTRY. SERVICES PROVIDED INCLUDE: YOUTH OUTREACH EVENTS, BIBLE STUDIES, LEADERSHIP PROGRAMS, CAMPING/RETREATS AND SUMMER PROGRAMS.
COLLEGE MINISTRY (40%) A SECOND PROGRAM PROVIDED IN THE CARIBBEAN YOUTH NETWORK IS A COLLEGE LEADERSHIP DEVELOPMENT PROGRAM FOR YOUNG PEOPLE IN NEW PROVIDENCE, BAHAMAS. THE OBJECTIVE OF THIS PROGRAM IS TO HELP YOUNG PEOPLE AND COLLEGE STUDENTS AS THEY NAVIGATE INTO ADULTHOOD. THIS IS ACHIEVED THROUGH MENTORSHIP, WEEKLY BIBLE STUDIES, RETREATS AND LEADERSHIP TRAINING. THROUGH THIS PROGRAM STUDENTS ARE ENCOURAGED IN THEIR PERSONAL CHRISTIAN LIFE, INSTRUCTED IN LIFE SKILLS, AND EMPOWERED FOR CHRISTIAN SERVICE. CURRENTLY, OVER 100 STUDENTS AND 10 VOLUNTEER LEADERS ARE INVOLVED IN THIS PROGRAM.
SHORT TERM MISSIONS (10%) A THIRD FOCUS OF THE CARIBBEAN YOUTH NETWORK IS IN THE AREA OF SHORT TERM MISSIONS. OVER THE PAST YEAR SHORT TERM MISSION TEAMS HAVE BEEN MOBILIZED TO SERVE THE NEEDS OF THE YOUTH ORGANIZATIONS THAT WE SERVE WITHIN THE BAHAMAS. THROUGH SHORT TERM MISSION TEAMS, VOLUNTEERS FROM U.S. BASED CHURCHES HAVE ASSISTED WITH BUILDING PROJECTS AT CAMPS, SCHOOLS AND YOUTH CENTERS AND HAVE ASSISTED WITH CHRISTIAN BASED SUMMER CHILDRENS AND YOUTH PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Daniel Weightman Executive Director | OfficerTrustee | 1 | $80,850 |
Bo Iler Treasurer | OfficerTrustee | 1 | $0 |
Herb Kolbe Chairman | OfficerTrustee | 1 | $0 |
Dana Hefner Board Member | Trustee | 1 | $0 |
Keith Balkey Board Member | Trustee | 1 | $0 |
Bob Gordon Secretary | 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 | $842,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $842,043 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $842,043 |
| 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 | $375,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,041 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,432 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,893 |
| Office expenses | $25,096 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,060 |
| Travel | $42,261 |
| 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 | $0 |
| Insurance | $2,644 |
| All other expenses | $3,952 |
| Total functional expenses | $932,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $534,966 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,424 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $539,390 |
| Accounts payable and accrued expenses | $9,383 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,383 |
| Net assets without donor restrictions | $431,339 |
| Net assets with donor restrictions | $98,668 |
| 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 | $539,390 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Caribbean Youth Network Inc has recieved totaling $69,601.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $55,000 |
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $8,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,380 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 08/16/21 | $460 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $321 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 03/09/21 | $115 |
Endowment Analysis
| Beg. Balance | $264,633 |
| Net Contributions | $146,668 |
| Other Expense | $312,633 |
| Ending Balance | $98,668 |
Peer Organizations
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|---|---|---|
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Lutheran Metropolitan Ministry Cleveland, OH | $18,738,675 | $17,759,604 |
Allegheny Christian Ministries Inc Davidsville, PA | $38,200,774 | $15,292,009 |
Interfaith Works Inc Rockville, MD | $3,434,731 | $16,207,843 |
Diakon Topton, PA | $25,282,356 | $12,688,159 |
Shalom Ministries International Inc Dublin, OH | $25,383,102 | $20,342,961 |
Gateways Organization Inc Monsey, NY | $26,241,298 | $11,762,904 |
Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
Cleveland Christian Home Inc Cleveland, OH | $9,204,950 | $4,752,818 |
St Luke Lutheran Community Portage Lakes North Canton, OH | $4,808,544 | $3,061,019 |
Reaching Above Hopelessness And Brokenness Ministries Inc Canton, OH | $2,291,437 | $3,403,692 |
Lutheran Church In America Lutheran Social Services Of Northwestern Oh Toledo, OH | $5,710,992 | $3,245,604 |