Life Project 4 Youth
- Assets
- $217.8k
- Revenue
- $637.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Mamaroneck, NY
- Founding
- 05/2013
- Data as of
- 12/2021
- EIN
- 45-4308350
Organization Overview
Life Project 4 Youth is located in Mamaroneck, NY. The organization was established in 2013. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Project 4 Youth 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, Life Project 4 Youth generated $637.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $769.5k during the year ending 12/2021. While expenses have increased by 37.4% 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
TO ASSIST IN THE SOCIAL AND PROFESSIONAL INTEGRATION OF EXCLUDED AND VULNERABLE YOUNG PEOPLE (AGE 14-24) WHO WERE EX-PRISONERS. DISABLED OR VICTIMS OF ABUSE, FAMINE, CONFLICT OR NATURAL DISASTERS, MORE SPECIFICALLY, TO DESIGN, CREATE AND SUPPORT BUSINESS PROJECTS FOR SUCH YOUTH WHO, BECAUSE OF THEIR PAST, THEIR CONDITION, THEIR HEALTH OR THEIR HANDICAPS, HAVE NEVER HAD ACCESS TO EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LP4Y USA CONTRIBUTED TO THE OPERATIONS AND DEVELOPMENT OF LP4Y IN ASIA (PHILIPPINES, INDIA AND INDONESIA). LP4Y SUPPORTED AS MANY AS 60 YOUNG ADULTS ACROSS THE 3 COUNTRIES IN 4 DIFFERENT PROGRAMS. WE ALSO COULD CONTRIBUTE TO FINANCING THE DEVELOPMENT OF THE ENTREPRENEUR'S HOUSE, WHO NOW HOST AS MANY AS 15 YOUNG ENTREPRENEURS OF MANILA, PHILIPPINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thierry Delaporte President | OfficerTrustee | 5 | $0 |
Laurent Grandet Vice President | OfficerTrustee | 3 | $0 |
Stefan Thollot Director | Trustee | 1 | $0 |
Ghislain Descamps Director | Trustee | 1 | $0 |
Alexandra Creteur Director | Trustee | 1 | $0 |
Pierre Weinstein Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $571,051 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $159,196 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $730,247 |
| Total Program Service Revenue | $0 |
| Investment income | $135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$128,793 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,272 |
| 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 | $718,045 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $349 |
| Fees for services: Accounting | $9,407 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,864 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $132 |
| 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 | $1,056 |
| All other expenses | $18,625 |
| Total functional expenses | $769,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,785 |
| 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 | $217,785 |
| 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 | $217,785 |
| 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 | $217,785 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Life Project 4 Youth has recieved totaling $115,655.
| Awarding Organization | Amount |
|---|---|
The Search Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $28,175 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $20,000 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $19,900 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $19,900 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,703 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,751 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Employment Opportunities Inc New York, NY | $41,857,908 | $87,797,672 |
Mdrc New York, NY | $143,919,606 | $93,136,568 |
1199 Seiu League Training And Upgrading Fund New York, NY | $42,542,566 | $63,487,129 |
Jevs Human Services Philadelphia, PA | $77,364,523 | $72,235,566 |
Philadelphia Works Inc Philadelphia, PA | $19,624,768 | $60,435,334 |
Jobs For The Future Inc Boston, MA | $45,400,683 | $55,577,164 |
Common Ground Management Corporation New York, NY | $34,376,983 | $41,849,859 |
Consortium For Worker Education Inc New York, NY | $27,138,774 | $23,461,109 |
Private Industry Council Of Westmoreland Fayette Inc Greensburg, PA | $8,538,862 | $23,750,755 |
Youthbuild Usa Inc Roxbury, MA | $41,660,191 | $41,513,584 |
Capital Workforce Partners Inc Hartford, CT | $3,681,949 | $22,085,213 |
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |