Young Invincibles
- Assets
- $6.8m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 228
- Location
- Washington, DC
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-2214021
Organization Overview
Young Invincibles is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Young Invincibles employed 228 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Invincibles 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 12/2023, Young Invincibles generated $7.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 9 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.
Since 2016, Young Invincibles has awarded 91 individual grants totaling $2,733,564. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
YOUNG INVINCIBLES' MISSION IS TO AMPLIFY THE VOICES OF YOUNG ADULTS IN THE POLITICAL PROCESS AND EXPAND ECONOMIC OPPORTUNITY FOR OUR GENERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR HEALTH CARE PROGRAM FOCUSES ON INCREASING ACCESS TO QUALITY HEALTH INSURANCE COVERAGE AND ENSURING YOUNG PEOPLE HAVE THE TOOLS TO OBTAIN THE CARE THEY NEED. WE DO THIS THROUGH A VARIETY OF OUTREACH CHANNELS INCLUDING COMMUNITY WORKSHOPS ON HEALTH COVERAGE, TRAINING PARTNER ORGANIZATIONS ABOUT HOW TO REACH YOUNG ADULTS, PROVIDING ONLINE INFORMATION ON OUR WEBSITE AND OVER SOCIAL MEDIA, AND DEVELOPING INNOVATIVE DIGITAL APPLICATIONS TO HELP CONSUMERS MAKE HEALTH CARE CHOICES. IN ADDITION TO OUR OUTREACH PROGRAM, WE ALSO ENGAGE IN POLICY RESEARCH, DEVELOP POLICY SOLUTIONS THAT INCREASE ACCESS TO QUALITY COVERAGE, EDUCATION THE PUBLIC ABOUT THESE SOLUTIONS, AND ADVOCATE FOR REFORMS.
OUR HIGHER EDUCATION PROGRAM ADDRESSES MAJOR HIGHER EDUCATION CHALLENGES SUCH AS AFFORDABILITY, ACCESS, COMPLETION, AND STUDENT LOAN REPAYMENT. OUR HIGHER EDUCATION AGENDA IS BUILT FROM CONVERSATIONS WITH STUDENT LEADERS, SURVEYS, POLLING, DATA RESEARCH, AND POLICY ANALYSIS. WE ENGAGE AND TRAIN STUDENTS AROUND THE COUNTRY IMPACTED BY THESE ISSUES TO BECOME LEADERS, EDUCATION THE PUBLIC ABOUT CHALLENGE AND OPPORTUNITIES IN HIGHER EDUCATION, AND ADVOCATE FOR REFORMS.
OUR SPECIAL PROJECTS PROGRAM CREATES UNIQUE PARTNERSHIPS FOCUSED ON BUILDING NEW WAYS OF REACHING YOUNG ADULTS, OFTEN THROUGH NEW RESOURCES OR NEW TECHNOLOGIES FOR OUR PROJECTS. THESE HAVE RANGED FROM CREATING MOBILE APPLICATIONS, TO TRAINING PARTNERS ON YOUTH ENGAGEMENT, TO CONDUCTING NEW RESEARCH ON BEST PRACTICES IN YOUTH ENGAGEMENT. THE TOPICS CUT ACROSS ALL OUR CORE AREAS, FROM HEALTH CARE, TO WORKFORCE, TO EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julian Haynes Chair | OfficerTrustee | 1 | $0 |
Amanda Martinez Treasurer | OfficerTrustee | 1 | $0 |
Kernard Jones Director | Trustee | 1 | $0 |
Gia Suggs Director | Trustee | 1 | $0 |
Leonna Spilman Director | Trustee | 1 | $0 |
Michael Kim Krouse Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,425,826 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,849,044 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,274,870 |
| Total Program Service Revenue | $261,648 |
| Investment income | $3,332 |
| 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 | $7,840,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| Grants and other assistance to domestic individuals. | $17,735 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $427,012 |
| Compensation of current officers, directors, key employees. | $51,241 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,999,805 |
| Pension plan accruals and contributions | $150,543 |
| Other employee benefits | $437,069 |
| Payroll taxes | $389,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $453,364 |
| Advertising and promotion | $71,985 |
| Office expenses | $47,566 |
| Information technology | $185,016 |
| Royalties | $0 |
| Occupancy | $258,336 |
| Travel | $200,376 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $228,744 |
| Interest | $407 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,007 |
| Insurance | $82,085 |
| All other expenses | $2,102 |
| Total functional expenses | $7,162,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,839,227 |
| Savings and temporary cash investments | $1,411,652 |
| Pledges and grants receivable | $1,749,313 |
| Accounts receivable, net | $105,403 |
| 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 | $81,757 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $141,814 |
| Intangible assets | $89,532 |
| Other assets | $425,898 |
| Total assets | $6,844,596 |
| Accounts payable and accrued expenses | $261,561 |
| 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 | $436,196 |
| Total liabilities | $697,757 |
| Net assets without donor restrictions | $1,900,088 |
| Net assets with donor restrictions | $4,246,751 |
| 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 | $6,844,596 |
Grants Awarded
Over the last fiscal year, Young Invincibles has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STUDENT DEBT CRISIS CENTER PURPOSE: EDUCATION | $15,000 |
RISE EDUCATION FUND PURPOSE: EDUCATION | $10,000 |