The Southeast Youth Council Inc
- Assets
- $465.5k
- Revenue
- $337.9k
- Investments
- $39.1k
- Employees
- 17
- Location
- Monroeville, IN
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 35-2131053
Organization Overview
The Southeast Youth Council Inc, operating under the name Cornerstone Youth Center, is located in Monroeville, IN. The organization was established in 2001. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Cornerstone Youth Center employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornerstone Youth Center 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, Cornerstone Youth Center generated $337.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $598.6k during the year ending 12/2021. 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
HONORING OUR ROOTS IN THE CHRISTIAN FAITH, WE BELIEVE EVERY PERSON HAS VALUE, THE ABILITY TO GROW, IS UNIQUE AND GIFTED, AND HAS A FUTURE WITH PROMISE. THEREFORE, CORNERSTONE YOUTH CENTER IS DEDICATED TO PROVIDING A WELCOMING AND NURTURING ENVIRONMENT THAT EMPOWERS YOUNG PEOPLE TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, CORNERSTONE WAS ABLE TO RESTORE ON-SITE PROGRAMMING FOR OUR MANY STUDENTS. WE WERE ABLE TO DELIVER AFTER-SCHOOL HOMEWORK HELP, ACADEMIC ENRICHMENT ACTIVITIES, ART EXPLORATION, STEM RELATED ACTIVITIES AND FAMILY ENRICHMENT. OUR PROGRAMMING IS DEVELOPED AROUND THE SEARCH INSTITUTES 40 DEVELOPMENTAL ASSETS THAT ARE INTERNAL AND EXTERNAL ASSETS. WE ALSO FURTHERED OUR SENIOR FOOD PROGRAM SERVICES TO CONTINUE MEETING THE NEEDS OF SENIORS IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Deans Adams Executive Di | Officer | 40 | $59,447 |
Cassandra Rosene Vice Chair | OfficerTrustee | 2 | $0 |
Adam Schaffer Chair / Trea | OfficerTrustee | 2 | $0 |
Jennifer Hull Director / T | OfficerTrustee | 2 | $0 |
Nathan Buuck Secretary | OfficerTrustee | 2 | $0 |
Dianne Clem Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $113,470 |
| All other contributions, gifts, grants, and similar amounts not included above | $224,440 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $337,910 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| 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 | $337,912 |
| 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. | $59,447 |
| Compensation of current officers, directors, key employees. | $14,862 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,179 |
| Payroll taxes | $26,866 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,467 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $96,000 |
| Advertising and promotion | $0 |
| Office expenses | $11,189 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,704 |
| Travel | $8,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,173 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,371 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $598,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,956 |
| Savings and temporary cash investments | $3,282 |
| 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 | $508 |
| Net Land, buildings, and equipment | $420,621 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $39,123 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $465,490 |
| Accounts payable and accrued expenses | $15,819 |
| 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 | $38,768 |
| Other liabilities | $0 |
| Total liabilities | $54,587 |
| Net assets without donor restrictions | $379,625 |
| Net assets with donor restrictions | $31,278 |
| 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 | $465,490 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Southeast Youth Council Inc has recieved totaling $130,432.
| Awarding Organization | Amount |
|---|---|
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: EDUCATION PROGRAMS | $35,000 |
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN PURPOSE: CHARITABLE SUPPORT | $29,516 |
United Way Of Allen County Inc Fort Wayne, IN PURPOSE: PROGRAM OPERATIONS | $20,000 |
English-Bonter-Mitchell Foundation Pittsburgh, PA PURPOSE: CORNERSTONE YOUTH CENTER | $20,000 |
Florence M & Paul M Staehle Foundation Pittsburgh, PA PURPOSE: GENERAL PURPOSE | $13,916 |
Edward M Wilson Family Foundation Pittsburgh, PA PURPOSE: CORNERSTONE SOCIAL SERVICE | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Greater Waukesha County Inc New Berlin, WI | $45,522,336 | $21,339,242 |
Edward Health And Fitness Center Naperville, IL | $10,693,945 | $6,619,207 |
National Institute For Fitness And Sport Inc Indianapolis, IN | $3,388,339 | $6,121,753 |
Washington Area Community Center Inc Washington, IL | $16,748,598 | $3,867,978 |
World Baseball Academy Inc Fort Wayne, IN | $7,537,804 | $1,941,151 |
New Richmond Area Centre Ltd New Richmond, WI | $2,632,645 | $1,659,233 |
Brown County Ice Management Inc De Pere, WI | $551,946 | $1,678,354 |
Cardinal Greenway Inc Muncie, IN | $15,294,218 | $884,519 |
Heat Athletics Inc Franklin, WI | $0 | $70,243 |
Hayward Civic Club Inc Hayward, WI | $3,229,551 | $1,328,789 |
South Suburban Special Recreation Association Tinley Park, IL | $2,126,834 | $1,231,235 |
Madison Ice Inc Madison, WI | $3,210,061 | $1,229,246 |