Few Initiative For Children
- Assets
- $177.3k
- Revenue
- $124.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-4600371
Organization Overview
Few Initiative For Children is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Few Initiative For Children 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, Few Initiative For Children generated $124.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $56.9k during the year ending 12/2021. While expenses have increased by 5.7% 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
THE ORGANIZATION CONDUCTS ACTIVITIES CONSISTENT WITH ITS PURPOSE WHICH IS THREE FOLD: 1.) TO INCREASE AWARENESS OF AT-RISK AND DISADVANTAGED YOUTH WITHIN THE UNITED STATES, 2.) TO SUPPORT NOT-FOR-PROFIT ORGANIZATIONS DEMONSTRATING COMMITMENT TO AIDING AND SUPPORTING AT-RISK AND DISADVANTAGED YOUTH, AND 3.) TO DEVELOP PROGRAMS THAT DIRECTLY BENEFIT AND ENGAGE AT-RISK AND DISADVANTAGED YOUTH TO PROVIDE HEALTHY AND PRODUCTIVE ALTERNATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT NOT-FOR-PROFIT ORGANIZATIONS DEMONSTRATING COMMITMENT TO AIDING AND SUPPORTING AT-RISK AND DISADVANTAGED YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Greenwald Treasurer | OfficerTrustee | $0 | |
Jay Bulev Secretary | OfficerTrustee | 15 | $0 |
Alec Semersky Director | OfficerTrustee | $0 | |
Julius W Few MD President | OfficerTrustee | 5 | $0 |
Emily Mariscal Director | OfficerTrustee | $0 | |
Marita Stavrou Director | OfficerTrustee | $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 | $124,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,410 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $124,410 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $3,001 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $25,131 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,075 |
| Advertising and promotion | $16,000 |
| Office expenses | $2,409 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $645 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $56,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177,279 |
| 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 | $177,279 |
| 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 | $177,279 |
| 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 | $177,279 |
Grants Awarded
Over the last fiscal year, Few Initiative For Children has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMON GROUND FOUNDATIONCOMMON GROUND FOUNDATION PURPOSE: FINANCIAL SUPPORT | $20,000 |
HYDE PARK DAY SCHOOLHYDE PARK DAY SCHOOL PURPOSE: FINANCIAL SUPPORT | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Few Initiative For Children has recieved totaling $556.
| Awarding Organization | Amount |
|---|---|
Reynolds Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shining Star Youth & Community Services Chicago, IL | $3,676,399 | $6,489,608 |
Optimist International Saint Louis, MO | $4,353,135 | $4,531,047 |
Jackie Joyner-Kersee Foundation East Saint Louis, IL | $8,631,994 | $3,358,244 |
Carmel Dads Club Inc Carmel, IN | $5,851,838 | $3,682,611 |
Off The Street Club Chicago, IL | $13,861,023 | $2,690,813 |
Boys And Girls Clubs Of The Columbia Area Columbia, MO | $4,174,183 | $2,636,782 |
Roseland Youth Center Chicago, IL | $11,665,313 | $1,985,848 |
Boys And Girls Club Of Lake County Waukegan, IL | $1,643,102 | $2,308,678 |
Inner City Impact Chicago, IL | $3,182,913 | $1,669,000 |
Freedom For Youth Ministries Des Moines, IA | $3,745,728 | $1,950,742 |
Boys & Girls Brigade Association Inc Neenah, WI | $11,560,870 | $1,538,750 |
Boys & Girls Club Of Jefferson City Jefferson City, MO | $4,470,698 | $2,010,327 |