Yes Foundation
- Assets
- $159.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 03/2013
- Data as of
- 12/2020
- EIN
- 45-4210960
Organization Overview
Yes Foundation is located in Cleveland, OH. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yes 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 12/2020, Yes Foundation generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (55.3%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
ONE GRANT WAS GIVEN DURING THE 2020 TAX YEAR. THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS WHO ARE PURSUING CAREERS IN BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Capper President | 0.25 | $0 | |
Gino Zavarella Jr Sec/director | 0.25 | $0 | |
Mike Montecalvo Vice Preside | 0.25 | $0 | |
Nora Capper Director | 0.25 | $0 | |
Bob Wieber Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,595 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,595 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $405 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $118 |
| Total expenses | $5,523 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,657 |
| Other assets | $0 |
| Total assets | $159,657 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,657 |