Urban Business Adventures
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 06/1991
- Data as of
- 01/2022
- EIN
- 41-1683427
Organization Overview
Urban Business Adventures is located in St Paul, MN. The organization was established in 1991. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., 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. Urban Business Adventures is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE WORK EXPERIENCES FOR TEENS WHILE CONTRIBUTING TO ECONOMIC DEVELOPMENT OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
URBAN BUSINESS ADVENTURES (UBA) WORKS IN PARTNERSHIP WITH KEYSTONE COMMUNITY SERVICES TO PROVIDE A UNIQUE EMPLOYMENT PROGRAM FOR YOUTH DESIGNED TO HELP THEM DEVELOP THEIR WORK READINESS SKILLS. YOUTH ARE EMPLOYED AT EXPRESS BIKE SHOP OR AT ONE OF KEYSTONE'S PROGRAM SITES AND RECEIVE A MINIMUM OF 200 HOURS OF WORK EXPERIENCE AND TRAINING. EXPRESS BIKE SHOP IS BOTH A FULL-SERVICE BIKE SHOP AND A LEARNING LAB FOR TEACHING LOW-INCOME YOUTH THE TOOLS OF ENTREPRENEURSHIP. DONATED BIKES ARE REFURBISHED FOR RESALE AND THE PROCEEDS FROM THE BIKE SALES AND REPAIRS SUPPORT THE EMPLOYMENT PROGRAM.2021 PROGRAM RESULTS: 98 YOUTH COMPLETED TRAINING OR APPRENTICESHIPS IN 2021 WITH KEYSTONE'S YOUTH EMPLOYMENT PROGRAM. FIVE YOUTH COMPLETED AN APPRENTICESHIP AT EXPRESS BIKE SHOP. THE NUMBER OF YOUTH APPRENTICES PLACED AT EXPRESS BIKE SHOP IN 2021 WAS LOWER THAN EXPECTED DUE TO COVID-19 CHALLENGES AND SAFETY PROTOCOLS. OUR SHOP WAS OPEN FOR APPOINTMENTS ONLY AND WE HAD TO LIMIT THE NUMBER OF PEOPLE IN THE SHOP DUE TO COVID SAFETY PROTOCOLS.
URBAN BUSINESS ADVENTURES (UBA) WORKS IN PARTNERSHIP WITH KEYSTONE COMMUNITY SERVICES TO PROVIDE A UNIQUE EMPLOYMENT PROGRAM FOR YOUTH DESIGNED TO HELP THEM DEVELOP THEIR WORK READINESS SKILLS. YOUTH ARE EMPLOYED AT EXPRESS BIKE SHOP OR AT ONE OF KEYSTONE'S PROGRAM SITES AND RECEIVE A MINIMUM OF 200 HOURS OF WORK EXPERIENCE AND TRAINING. EXPRESS BIKE SHOP IS BOTH A FULL-SERVICE BIKE SHOP AND A LEARNING LAB FOR TEACHING LOW-INCOME YOUTH THE TOOLS OF ENTREPRENEURSHIP. DONATED BIKES ARE REFURBISHED FOR RESALE AND THE PROCEEDS FROM THE BIKE SALES AND REPAIRS SUPPORT THE EMPLOYMENT PROGRAM.DURING 2022 UURBAN BUSINESS ADVENTURES MERGED WITH KEYSTONE COMMUNITY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Mckeown President/ceo Keystone | OfficerTrustee | 2 | $0 |
Paul Mckim Member | Trustee | 1 | $0 |
Mary Mckeown President/ceo Keystone | OfficerTrustee | 2 | $0 |
Paul Mckim Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,903 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,351 |
| Noncash contributions included in lines 1a–1f | $48,031 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,254 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $191,157 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $289,655 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,312 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,715 |
| Payroll taxes | $12,975 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145 |
| Advertising and promotion | $101 |
| Office expenses | $959 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,998 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $232 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,690 |
| Insurance | $0 |
| All other expenses | $1,605 |
| Total functional expenses | $289,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |