Homeless Youth Connection Inc is located in Phoenix, AZ. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Homeless Youth Connection Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeless Youth Connection 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, Homeless Youth Connection Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $2.3m during the year ending 06/2023. While expenses have increased by 22.1% 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
HOMELESS YOUTH CONNECTION'S (HYC) MISSION IS TO ELIMINATE BARRIERS TO GRADUATION FOR HOMELESS YOUTH AND CREATE LASTING SOLUTIONS FOR A SUCCESSFUL FUTURE THROUGH COMMUNITY SUPPORT AND INCREASED AWARENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMELESS YOUTH CONNECTION (HYC) IS PROUD TO REPORT A NUMBER OF ACCOMPLISHMENTS RELATED TO PROGRAM GOALS INCLUDING 95% OF YOUTH EXPERIENCING HOMELESSNESS WHO PARTICIPATED IN THE PROGRAM, STAYED IN SCHOOL AND COMPLETED THEIR EDUCATION. THIS PAST YEAR, HYC EXPERIENCED AN INCREASE IN THE NUMBER OF YOUTH IDENTIFIED AS HOMELESS AND REFERRED FOR SERVICES. SINCE AUGUST, 716 YOUTH EXPERIENCING HOMELESSNESS HAVE PARTICIPATED IN THE PROGRAM THIS YEAR; THAT IS 116 MORE THAN THE GOAL OF SERVING 600 YOUTH.IN MAY, 463 YOUTH WERE ACTIVELY PARTICIPATING IN THE PROGRAM. OF THOSE YOUTH, 162 WERE HIGH SCHOOL SENIORS. OF THE 162 SENIORS, 126 GRADUATED, ONE YOUTH OBTAINED THEIR GED, 33 YOUTH ARE ATTENDING SUMMER SCHOOL OR WILL ENROLL IN THE FALL AND TWO YOUTH ARE UNDECIDED. IT IS WIDESPREAD AMONG THIS VULNERABLE POPULATION TO HAVE MANY YOUTH ENROLL FOR A SECOND SENIOR YEAR. OF THE 126 GRADUATING SENIORS, 98% ENROLLED IN COLLEGE, ENTERED THE WORKFORCE, OR ENLISTED IN THE MILITARY. THIS SUCCESS WAS ACCOMPLISHED BECAUSE OF HYC'S GOAL TO LOWER CASELOADS SO THAT YOUTH COACHES WERE ABLE TO SPEND MORE TIME WITH YOUTH ADDRESSING THEIR NEEDS RELATED TO EDUCATION, HOUSING INSTABILITY, AND IMPORTANT FOR THEIR SUSTAINABILITY HELPING THE YOUTH DEVELOP A PLAN FOR POST-GRADUATION THAT CREATES LASTING SOLUTIONS FOR THE FUTURE.THIS PAST YEAR, HOMELESS YOUTH CONNECTION (HYC) WAS GIVEN AN INCREDIBLE OPPORTUNITY TO CONTINUE TO EXPAND ITS RESOURCES AND SERVICES TO YOUTH EXPERIENCING HOMELESSNESS IN OUR COMMUNITY. THROUGH A PARTNERSHIP WITH CATHOLIC CHARITIES, HYC RELOCATED ITS ADMINISTRATIVE OFFICE FROM THE WEST VALLEY TO CENTRAL PHOENIX. THE NEWLY REMODELED FACILITY IS A 7,000 SQ FT CONGREGATE LIVING THAT PROVIDES UP TO 20 BEDS IN SINGLE-FLOOR DORMITORY-STYLE ACCOMMODATIONS. THERE ARE TEN ROOMS WITH TWO BEDS AND A SHARED BATHROOM PER ROOM. THERE IS A SHARED KITCHEN, COMMUNITY AREA, AND LAUNDRY ACCOMMODATIONS. THIS PROGRAM IS CENTRALLY LOCATED IN PHOENIX, PROVIDING CLOSE ACCESS TO PUBLIC TRANSPORTATION, EMPLOYMENT, AND SCHOOLS. THIS SITE IS SUPERVISED BY TRAINED AND QUALIFIED STAFF FULL-TIME AND OFFERS A RICH ARRAY OF PROGRAMMING AND LIFE SKILL DEVELOPMENT OPPORTUNITIES. IN NOVEMBER, HYC RECEIVED A $1M GRANT FROM THE ARIZONA DEPARTMENT OF HOUSING TO PURCHASE A HOME IN FLAGSTAFF FOR TRANSITIONAL HOUSING FOR UNACCOMPANIED YOUTH EXPERIENCING HOMELESSNESS. THE HOME IS A SINGLE-FAMILY UNIT THAT WILL PROVIDE SAFE AND STABLE HOUSING FOR UP TO SEVEN YOUTH. THE HOME IS LOCATED CLOSE TO THREE HIGH SCHOOLS IN THE FLAGSTAFF UNIFIED SCHOOL DISTRICT. SIMILAR TO THE HOME IN GOODYEAR, THERE WILL BE A RESIDENT MANAGER LIVING ON-SITE FOR SAFETY AND SUPERVISION AND A PART-TIME RESIDENT ASSISTANT THAT WILL ASSIST ON THE WEEKENDS. THE HOME ALSO HAS AN OFFICE FOR THE FLAGSTAFF YOUTH COACH AND COMMUNITY ENGAGEMENT MANAGER, AS WELL AS A SEPARATE AREA FOR DONATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cyndi Tercero Board President | OfficerTrustee | 1 | $0 |
Cindy Toraya Board Vice President | OfficerTrustee | 1 | $0 |
Deborah Charlesworth Board Treasurer | OfficerTrustee | 1 | $0 |
Corinne Cookson Board Secretary | OfficerTrustee | 1 | $0 |
Amanda Silva Board Member | Trustee | 1 | $0 |
Bobby Barnes Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,265,016 |
All other contributions, gifts, grants, and similar amounts not included above | $1,346,438 |
Noncash contributions included in lines 1a–1f | $78,836 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,611,454 |
Total Program Service Revenue | $0 |
Investment income | $5,239 |
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 | $2,618,405 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $357,594 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $226,234 |
Compensation of current officers, directors, key employees. | $11,312 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,089,264 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $168,548 |
Payroll taxes | $95,734 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $30,849 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,151 |
Office expenses | $42,000 |
Information technology | $28,813 |
Royalties | $0 |
Occupancy | $121,534 |
Travel | $5,431 |
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 | $21,398 |
Insurance | $30,268 |
All other expenses | $16,600 |
Total functional expenses | $2,303,125 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $227,305 |
Savings and temporary cash investments | $6,294 |
Pledges and grants receivable | $365,301 |
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 | $38,800 |
Prepaid expenses and deferred charges | $25,326 |
Net Land, buildings, and equipment | $946,304 |
Investments—publicly traded securities | $567,594 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $368,559 |
Total assets | $2,545,483 |
Accounts payable and accrued expenses | $355,244 |
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 | $368,559 |
Total liabilities | $723,803 |
Net assets without donor restrictions | $1,536,680 |
Net assets with donor restrictions | $285,000 |
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 | $2,545,483 |