Young Catholic Professionals
- Assets
- $810.0k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Dallas, TX
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 45-0659049
Organization Overview
Young Catholic Professionals is located in Dallas, TX. The organization was established in 2014. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Young Catholic Professionals employed 11 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Young Catholic Professionals 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, Young Catholic Professionals generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $729.2k during the year ending 12/2021. While expenses have increased by 16.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUNG CATHOLIC PROFESSIONALS IS A 501C3 NONPROFIT ON A MISSION TO CHALLENGE, TRAIN AND INSPIRE YOUNG ADULTS WORKING IN VARIOUS PROFESSIONS TO WORK IN WITNESS FOR CHRIST. IN A WORLD THAT CAN BE VOID OF MEANING AND LEAVE THEM RESTLESS AND DISSATISFIED, YCP BRINGS TOGETHER YOUNG PROFESSIONALS IN THEIR 20S AND 30S INTO A COMMUNITY OF BELONGING, SUPPORT, AND ENCOURAGEMENT AT ALL STAGES OF THE FAITH JOURNEY. YCP EMPOWERS AND EQUIPS THEM TO LIVE THEIR CATHOLIC FAITH THROUGH EVERYDAY WORK, AND TO PERFORM ALL WORK WITH EXCELLENCE FOR THE GLORY OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP EXPERIENCE - YOUNG CATHOLIC PROFESSIONALS MEMBERSHIP IS OPEN TO YOUNG PROFESSIONALS, PRIESTS, RELIGIOUS, AND SEASONED CATHOLIC BUSINESS LEADERS FROM ALL OVER THE COUNTRY. YCP OFFERS MEMBERS OPPORTUNITIES FOR SPIRITUAL DIRECTION, NETWORKING, MENTORING, AND PROFESSIONAL DEVELOPMENT. IN 2021, YCP BROUGHT BACK ITS ANNUAL MEMBER CONFERENCE.
CHAPTER SUPPORT - YOUNG CATHOLIC PROFESSIONALS CONTINUES TO ENCOURAGE YOUNG ADULTS WORKING IN VARIOUS PROFESSIONS TO WORK IN WITNESS FOR CHRIST. CHAPTERS MEET TOGETHER ON A MONTHLY BASIS AND HOST EVENTS INCLUDING EXECUTIVE SPEAKER SERIES, WHERE WE INVITE EXPERIENCED CATHOLIC PROFESSIONALS TO PROVIDE COUNSEL AND ENCOURAGEMENT TO OUR MEMBERS. WE EXPANDED YCP OVER THE PAST YEAR TO MULTIPLE NEW CITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Baugh Executive Dir. | OfficerTrustee | 40 | $96,923 |
Dwight Riskey Chairman | OfficerTrustee | 1 | $0 |
Michael Stefanski Director | Trustee | 1 | $0 |
Tim Needles Director | Trustee | 1 | $0 |
Mark Balasa Director | Trustee | 1 | $0 |
Peter Detrempe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,729 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $178,215 |
| All other contributions, gifts, grants, and similar amounts not included above | $638,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $840,892 |
| Total Program Service Revenue | $277,938 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,118,843 |
| 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. | $101,723 |
| Compensation of current officers, directors, key employees. | $12,715 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $320,046 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,591 |
| Payroll taxes | $32,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,876 |
| Advertising and promotion | $45 |
| Office expenses | $1,963 |
| Information technology | $36,943 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99,780 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,364 |
| All other expenses | $0 |
| Total functional expenses | $729,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,495 |
| Savings and temporary cash investments | $415,870 |
| Pledges and grants receivable | $184,000 |
| Accounts receivable, net | $16,213 |
| 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 | $21,444 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $810,022 |
| Accounts payable and accrued expenses | $21,642 |
| Grants payable | $0 |
| Deferred revenue | $43,994 |
| 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 | $65,636 |
| Net assets without donor restrictions | $742,108 |
| Net assets with donor restrictions | $2,278 |
| 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 | $810,022 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Young Catholic Professionals has recieved totaling $78,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $53,500 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: RELIGION-RELATED | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iron Gate Inc Tulsa, OK | $11,231,140 | $2,664,818 |
Missions Resource Network Bedford, TX | $4,580,881 | $2,063,631 |
Schusterman Initiatives Inc Tulsa, OK | $1,811,845 | $3,942 |
Texas Christian Educational Foundation Inc Houston, TX | $3,507,628 | $1,666,291 |
Young Catholic Professionals Dallas, TX | $810,022 | $1,118,843 |
Field Life Tomball, TX | $182,533 | $465,820 |
Christ Embassy Lewisville, TX | $113,474 | $528,118 |
Gaston Christian Center Dallas, TX | $4,871,470 | $697,659 |
New Beginnings Title Holding Company Brenham, TX | $0 | $89,146 |
Glocal Mission Houston, TX | $584,873 | $354,902 |
Fdm World Inc Horseshoe Bay, TX | $57,518 | $331,075 |
Love God Greatly Inc Heath, TX | $184,406 | $280,925 |