Young Americans For Liberty Foundation
- Assets
- $1.1m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 02/2013
- Data as of
- 12/2022
- EIN
- 45-3503672
Organization Overview
Young Americans For Liberty Foundation is located in Austin, TX. The organization was established in 2013. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Americans For Liberty Foundation 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 12/2022, Young Americans For Liberty Foundation generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $6.2m during the year ending 12/2022. While expenses have increased by 16.6% per year over the past 5 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
YALF SEEKS TO RECRUIT, TRAIN, AND EDUCATE STUDENTS ON THE IDEALS OF LIBERTY AND THE CONSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YALF SPONSORS SEVERAL CONFERENCES AND EDUCATIONAL ACTIVITIES IN ITS EFFORT TO RECRUIT EDUCATE, AND TRAIN STUDENTS COMMITTED TO THE IDEALS OF LIBERTY AND THE CONSTITUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Frazee Board Chair/treasurer | OfficerTrustee | 2 | $0 |
Joel Trammell Secretary | Trustee | 1 | $0 |
Karith Foster Director | Trustee | 1 | $0 |
Lauren Daugherty Chief Executive Officer | Officer | 8 | $0 |
Sean Themea Chief Of Staff | Officer | 4 | $0 |
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 | $4,698,086 |
| Noncash contributions included in lines 1a–1f | $42,291 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,698,086 |
| Total Program Service Revenue | $0 |
| Investment income | $8,734 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,256 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,710,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,070,000 |
| 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. | $61,524 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,689 |
| Pension plan accruals and contributions | $4,831 |
| Other employee benefits | $3,748 |
| Payroll taxes | $11,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,692 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,039 |
| Fees for services: Other | $19,506 |
| Advertising and promotion | $0 |
| Office expenses | $668,319 |
| Information technology | $115,688 |
| Royalties | $0 |
| Occupancy | $10,657 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,971 |
| All other expenses | $51,594 |
| Total functional expenses | $6,155,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,816 |
| Savings and temporary cash investments | $109,707 |
| Pledges and grants receivable | $420,306 |
| 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 | $4,641 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $305,785 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,112,255 |
| Accounts payable and accrued expenses | $57,349 |
| Grants payable | $1,200,000 |
| 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 | $1,257,349 |
| Net assets without donor restrictions | -$145,094 |
| 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 | $1,112,255 |
Grants Awarded
Over the last fiscal year, Young Americans For Liberty Foundation has awarded $5,070,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG AMERICANS FOR LIBERTY INC PURPOSE: EDUCATIONAL & CHARITABLE ACTIVITIES | $5,000,000 |
CENTER FOR RENEWING AMERICA PURPOSE: EDUCATIONAL & CHARITABLE ACTIVITIES | $35,000 |
AMERICAN MOMENT PURPOSE: EDUCATIONAL & CHARITABLE ACTIVITIES | $35,000 |