Youth As Resources Inc
- Assets
- $1.2m
- Revenue
- $864.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Baltimore, MD
- Founding
- 12/2011
- Data as of
- 06/2022
- EIN
- 45-2432904
Organization Overview
Youth As Resources Inc is located in Baltimore, MD. The organization was established in 2011. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Youth As Resources Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth As Resources 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 06/2022, Youth As Resources Inc generated $864.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $357.5k during the year ending 06/2022. While expenses have increased by 22.0% per year over the past 3 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
PROMOTE YOUTH-LED GRANT-MAKING, LEADERSHIP DEVELOPMENT AND COMMUNITY ORGANIZING TO EFFECT CHANGE IN BALTIMORE CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE YOUTH-LED GRANT-MAKING, LEADERSHIP DEVELOPMENT AND COMMUNITY ORGANIZING TO EFFECT CHANGE IN BALTIMORE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Reeder Executive Dir. | OfficerTrustee | 40 | $62,375 |
Khayyum Muhammad Director | Trustee | 20 | $37,267 |
Tori Grace Secretary | OfficerTrustee | 20 | $12,316 |
Marcus Bentley Treasurer | OfficerTrustee | 25 | $7,487 |
Tempress Mcghee Young Young Adult Secretary/treasurer | OfficerTrustee | 15 | $5,610 |
Amir Ralph Director | Trustee | 3 | $5,142 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $860,852 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $860,852 |
| Total Program Service Revenue | $400 |
| Investment income | $314 |
| 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 | $864,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $101,627 |
| 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. | $67,028 |
| Compensation of current officers, directors, key employees. | $6,703 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,700 |
| Pension plan accruals and contributions | $1,200 |
| Other employee benefits | $7,692 |
| Payroll taxes | $8,088 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,466 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,492 |
| Advertising and promotion | $4,535 |
| Office expenses | $6,865 |
| Information technology | $152 |
| Royalties | $0 |
| Occupancy | $9,276 |
| Travel | $8,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,374 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $252 |
| Insurance | $3,837 |
| All other expenses | $401 |
| Total functional expenses | $357,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,570 |
| Savings and temporary cash investments | $1,107,385 |
| Pledges and grants receivable | $38,655 |
| 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 | $2,767 |
| Net Land, buildings, and equipment | $1,314 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,901 |
| Total assets | $1,190,592 |
| Accounts payable and accrued expenses | $2,783 |
| Grants payable | $37,028 |
| 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 | $39,811 |
| Net assets without donor restrictions | $1,150,781 |
| 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 | $1,190,592 |
Grants Awarded
Over the last fiscal year, Youth As Resources Inc has awarded $87,820 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FUSION PARTNERSHIPS PURPOSE: address critical community needs | $27,820 |
VICTORIOUS PRODUCTIONS PURPOSE: address critical community needs | $10,000 |
YOUTH OF THE DIASPORA PURPOSE: address critical community needs | $50,000 |