Youth Foundation Of America
- Assets
- $1.4m
- Revenue
- $54.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Petoskey, MI
- Founding
- 10/1950
- Data as of
- 12/2021
- EIN
- 38-6090960
Organization Overview
Youth Foundation Of America is located in Petoskey, MI. The organization was established in 1950. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Foundation Of America 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, Youth Foundation Of America generated $54.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $120.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul W Brown V-Presidentsecretary | 0 | $24,500 | |
Pamela Siena Treasurer | 0 | $19,500 | |
Kimberly Hines Assistant Secretary | 0 | $19,500 | |
Michael W Siena President | 0 | $9,000 | |
Jeffrey P Siena Director | 0 | $4,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $31,837 |
| Interest on Savings | $22,950 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,787 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,725 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $245 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,440 |
| Total operating and administrative expenses | $101,410 |
| Contributions, gifts, grants paid | $19,000 |
| Total expenses and disbursements | $120,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,113 |
| Savings and temporary cash investments | $353,443 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $944,990 |
| Total assets | $1,408,546 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Youth Foundation Of America has awarded $19,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GIRL SCOUTS SE MICHIGAN PURPOSE: OUTDOOR PROGRAMS | $5,000 |
GIRL SCOUTS HEART PURPOSE: OUTDOOR PROGRAMS | $4,000 |
YMCA MYSTIC LAKE CAMP PURPOSE: OUTDOOR PROGRAMS | $4,000 |
Petoskey, MI PURPOSE: OUTDOOR PROGRAMS | $3,000 |
Grand Rapids, MI PURPOSE: OUTDOOR PROGRAMS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Remember Nhu Akron, OH | $1,725,867 | $3,603,409 |
Manitou Council Inc Sheboygan, WI | $6,152,575 | $1,986,036 |
Upspring Cincinnati, OH | $867,696 | $895,370 |
Anthony Munoz Foundation Cincinnati, OH | $1,120,500 | $1,095,006 |
Caritas For Children Inc Milwaukee, WI | $234,512 | $528,292 |
Cavaliers Youth Foundation Cleveland, OH | $907,069 | $380,976 |
The Jerome Bettis Bus Stop Here Foundation Southfield, MI | $31,237 | $230,021 |
Fields Of Wheat Inc Middlefield, OH | $932,156 | $355,579 |
Detroit Red Wings Alumni Association Inc Detroit, MI | $283,794 | $124,732 |
Footpath Foundation Westlake, OH | $395,106 | $316,233 |
Youth Foundation Of America Petoskey, MI | $1,408,546 | $54,787 |
Laird Youth Leadership Foundation Inc River Falls, WI | $918,448 | $100,625 |