Family And Youth Initiative Inc
- Assets
- $225.4k
- Revenue
- $332.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Washington, DC
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 38-3828204
Organization Overview
Family And Youth Initiative Inc is located in Washington, DC. The organization was established in 2011. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2022, Family And Youth Initiative Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family And Youth Initiative 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 12/2022, Family And Youth Initiative Inc generated $332.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $335.5k during the year ending 12/2022. While expenses have increased by 15.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE COMMUNITY AND LASTING RELATIONSHIPS FOR TEENS AND YOUNG ADULTS IN FOSTER CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY AND YOUTH INITIATIVE HELPS TEENS IN FOSTER CARE FIND ADOPTIVE FAMILIES AND DEVELOP LASTING CONNECTIONS WITH OTHER CARING ADULTS. MONTHLY PROGRAM EVENTS BRING TOGETHER TEENS AND ADULTS TO FORM RELATIONSHIPS. WE RECRUIT AND TRAIN VOLUNTEER MENTORS AND HOST FAMILIES; AND MATCH TEENS WITH ADULTS BASED ON RELATIONSHIPS THAT FORM AT EVENTS. YOUTH WHO AGE OUT OF FOSTER CARE CONTINUE TO PARTICIPATE WITH DCFYI AND KEEP THEIR CONNECTIONS FOR AS LONG AS THEY WANT. EVERY PARTICIPATING TEEN OR YOUNG ADULT DEVELOPS AT LEAST ONE MEANINGFUL AND LASTING RELATIONSHIP WITH A CARING ADULT.
THE REIMBURSEMENT PROGRAM REIMBURSES YOUTH FOR CRITICAL NEEDS RELATED TO HOUSING, TRANSPORTATION AND JOB-RELATED EXPENSES.
IN THE OPEN TABLE PROGRAM, SIX TO EIGHT TRAINED VOLUNTEER TABLE MEMBERS BUILD RELATIONSHIPS WITH AND SUPPORT ONE YOUNG ADULT IN ACHIEVING WHATEVER GOALS THE YOUTH HAS SET FOR THEMSELVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Punnett Executive Director | Trustee | 40 | $65,000 |
Schylar Baber Director | Trustee | 1 | $0 |
Marcela Monti Director | Trustee | 1 | $0 |
Caleb Piatt Director And Treasurer | OfficerTrustee | 1 | $0 |
Michele Reed Director | Trustee | 1 | $0 |
William Scott Director And Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,450 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $277,825 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $326,275 |
| Total Program Service Revenue | $0 |
| Investment income | $84 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,795 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $332,154 |
| 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. | $65,000 |
| Compensation of current officers, directors, key employees. | $4,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,789 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,508 |
| Payroll taxes | $16,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,995 |
| Fees for services: Accounting | $8,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,852 |
| Advertising and promotion | $764 |
| Office expenses | $787 |
| Information technology | $13,763 |
| Royalties | $0 |
| Occupancy | $16,637 |
| Travel | $405 |
| 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 | $1,024 |
| Insurance | $9,069 |
| All other expenses | $14,287 |
| Total functional expenses | $335,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212,985 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,400 |
| 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 | $10,297 |
| Net Land, buildings, and equipment | $760 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $225,442 |
| Accounts payable and accrued expenses | -$985 |
| 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 | -$985 |
| Net assets without donor restrictions | $226,427 |
| 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 | $225,442 |