Youth Foundation Of America
- Assets
- $1.2m
- Revenue
- $62.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Petoskey, MI
- Founding
- 10/1950
- Data as of
- 12/2023
- 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 12/2023, Youth Foundation Of America generated $62.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $108.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 years. 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 |
|---|---|---|---|
Jeffrey P Siena Officer | 0 | $6,000 | |
Paul W Brown Jr V-Presidentsecretary | 0 | $25,000 | |
Pamela Siena President | 0 | $16,500 | |
Kimberly Hines Treasureer | 0 | $19,500 | |
Michael W Siena Assistant Secretary | 0 | $13,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,818 |
| Interest on Savings | $31,466 |
| 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 | $62,284 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,033 |
| Total operating and administrative expenses | $97,908 |
| Contributions, gifts, grants paid | $11,000 |
| Total expenses and disbursements | $108,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,883 |
| Savings and temporary cash investments | $51,089 |
| 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 | $1,138,649 |
| Total assets | $1,249,621 |
| 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 $11,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP BLODGETT PURPOSE: OUTDOOR PROGRAMS | $3,000 |
CAMP DAGGETT PURPOSE: OUTDOOR PROGRAMS | $3,000 |
YMCA OF METROPOLITAN LANSING PURPOSE: OUTDOOR PROGRAMS | $3,000 |
GIRL SCOUTS OF SOUTHEASTERN MICHIGA PURPOSE: OUTDOOR PROGRAMS | $1,000 |
HEMOPHILIA FOUNDATION OF MI PURPOSE: OUTDOOR PROGRAMS | $1,000 |