Youth Vision Solutions
- Assets
- $5.1m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 114
- Location
- Detroit, MI
- Founding
- 12/2011
- Data as of
- 06/2021
- EIN
- 27-1855040
Organization Overview
Youth Vision Solutions is located in Detroit, MI. The organization was established in 2011. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Youth Vision Solutions employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Vision Solutions 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 06/2021, Youth Vision Solutions generated $7.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $6.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF PUBLIC SCHOOL ACADEMIES SERVING DISADVANTAGED YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF FOUR PUBLIC SCHOOL ACADEMIES SERVING DISADVANTAGED YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrence George President/superintendent | OfficerTrustee | 40 | $134,024 |
Edward Wolking Jr Vice-Chair | OfficerTrustee | 2 | $0 |
Thomas Murar Treasurer | OfficerTrustee | 2 | $0 |
Thomas Smith Secretary | OfficerTrustee | 2 | $0 |
Nicole Wotlinski Board Chairman | OfficerTrustee | 2 | $0 |
Michael Novak Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Long's Cleaning Co Llc Cleaning Services | 6/29/21 | $105,815 |
Long's Security Services Llc Security Services | 6/29/21 | $103,917 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,010,203 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,119,203 |
| Total Program Service Revenue | $0 |
| Investment income | $3,644 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $86,630 |
| 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 | $7,697,985 |
| 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. | $160,024 |
| Compensation of current officers, directors, key employees. | $160,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,459,986 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $482,458 |
| Payroll taxes | $213,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,356 |
| Fees for services: Accounting | $31,003 |
| Fees for services: Lobbying | $2,548 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $277,882 |
| Information technology | $403,954 |
| Royalties | $0 |
| Occupancy | $650,376 |
| Travel | $1,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,771 |
| Insurance | $62,642 |
| All other expenses | $39,774 |
| Total functional expenses | $6,093,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,939,275 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,680,581 |
| 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 | $193,125 |
| Net Land, buildings, and equipment | $330,409 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,143,390 |
| Accounts payable and accrued expenses | $387,908 |
| 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 | $387,908 |
| Net assets without donor restrictions | $4,755,482 |
| 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 | $5,143,390 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Youth Vision Solutions has recieved totaling $8,800.
| Awarding Organization | Amount |
|---|---|
Heart Of West Michigan United Way Grand Rapids, MI PURPOSE: DONOR DESIGNATION | $8,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Career Academy Of South Bend Inc South Bend, IN | $28,812,268 | $15,770,291 |
21st Century Charter School At Gary Inc Indianapolis, IN | $16,296,159 | $15,193,404 |
Avondale Meadows Academy Inc Indianapolis, IN | $23,354,036 | $14,362,990 |
Herron High School Inc Indianapolis, IN | $19,992,400 | $15,381,017 |
Tindley Accelerated Schools Inc Indianapolis, IN | $17,393,569 | $14,658,459 |
Lighthouse Academies Of Indiana Inc Indianapolis, IN | $16,035,849 | $15,931,838 |
Paramount School Of Excellence Incorporated Indianapolis, IN | $17,346,083 | $12,116,236 |
Constellation Schools Parma Community Elementary Parma, OH | $13,679,494 | $14,517,657 |
Deca Prep Inc Dayton, OH | $14,986,678 | $11,463,523 |
Neighborhood Charter Network Inc Indianapolis, IN | $5,100,827 | $12,730,105 |