National Foster Youth Institute
- Assets
- $2.8m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 19
- Location
- Los Angeles, CA
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 46-0809227
Organization Overview
National Foster Youth Institute is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. As of 06/2022, National Foster Youth Institute employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Foster Youth Institute 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, National Foster Youth Institute generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 10.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NATIONAL FOSTER YOUTH INSTITUTE AIMS TO TRANSFORM THE CHILD WELFARE SYSTEM AND VASTLY IMPROVE OUTCOMES FOR FOSTER YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE ACCOMPLISHMENTS: NFYI'S PROGRAMS TRAIN THE NEXT GENERATION OF FOSTER YOUTH TO TRANSFORM THE CHILD WELFARE SYSTEM. NFYI TRAINS MEMBERS IN COMMUNITY ORGANIZING, CRITICAL THINKING, PROGRAM ANALYSIS AND DESIGN, POLICY, LEADERSHIP AND PROFESSIONAL DEVELOPMENT, AND COMMUNICATION. THESE TRAININGS ARE VITAL TO MOBILIZING FOSTER YOUTH AND PARTNERING WITH POLICY MAKERS TO CREATE SYSTEMATIC CHANGE WITHIN THE CHILD WELFARE SYSTEM. NFYI AIMS TO BE AT THE FOREFRONT OF ALL CHILD WELFARE POLICY REFORM AND CREATION. THE GOAL IS FOR POLICY MAKERS TO HARNESS THE EXPERTISE FOSTER YOUTH HAVE WHENEVER DEVELOPING NEW PROGRAMS AND POLICY. SINCE 2012, NFYI HAS ELEVATED THE VOICES OF HUNDREDS OF CURRENT AND FORMER FOSTER YOUTH RESULITNG IN TRANSFORMATIVE CHANGE WITHIN THE CHILD WELFARE SYSTEM, A CULTURE SHIFT AMONG DECISION MAKERS, AND THE DEVELOPMENT OF PROFESSIONAL AND ORGANIZING SKILLS AMONG THESE YOUTH. SHADOW DAY 2022 PROVIDED YOUTH AN OPPORTUNITY TO MEET WITH AND SHADOW THEIR MEMBERS OF CONGRESS. NFYI MEMBERS HIGHLIGHTED THE IMPORTANT ISSUES THAT CHILDREN AND FAMILIES IN FOSTER CARE FACE, INCLUDING ACCESS TO MENTAL HEALTH SERVICES, ACCESS TO HOUSING, ACCESS TO HIGHER EDUCATION, KINSHIP CARE PLACEMENTS AND THE IMPACT OF CONGREGATE CARE AND THE JUVENILE JUSTICE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Louve Yao Executive Director | 40 | $115,464 | |
Wendy Smith Chairman | OfficerTrustee | 5 | $0 |
Karen Bass Director | Trustee | 5 | $0 |
Conway Collis Director | Trustee | 3 | $0 |
David Herbst Co-Treasurer | OfficerTrustee | 2 | $0 |
Nanxi Liu Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $263,121 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,819,661 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,082,782 |
| Total Program Service Revenue | $0 |
| Investment income | $5,814 |
| 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 | $3,156,191 |
| 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. | $115,464 |
| Compensation of current officers, directors, key employees. | $6,940 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $621,852 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,944 |
| Payroll taxes | $60,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,964 |
| Fees for services: Accounting | $22,488 |
| 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 | $18,984 |
| Information technology | $27,762 |
| Royalties | $0 |
| Occupancy | $55,582 |
| Travel | $95,866 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,402 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,327 |
| Insurance | $11,375 |
| All other expenses | $19,977 |
| Total functional expenses | $1,362,440 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,430 |
| Savings and temporary cash investments | $1,095,114 |
| Pledges and grants receivable | $1,605,817 |
| 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 | $20,477 |
| Net Land, buildings, and equipment | $690 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,959 |
| Total assets | $2,846,487 |
| Accounts payable and accrued expenses | $112,380 |
| 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 | $39,565 |
| Total liabilities | $151,945 |
| Net assets without donor restrictions | $1,867,542 |
| Net assets with donor restrictions | $827,000 |
| 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 | $2,846,487 |