Sisu Youth Inc
- Assets
- $3.8m
- Revenue
- $4.2m
- Investments
- $151.8k
- Employees
- 47
- Location
- Oklahoma City, OK
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 46-5678806
Organization Overview
Sisu Youth Inc is located in Oklahoma City, OK. The organization was established in 2015. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Sisu Youth Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sisu Youth Inc 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, Sisu Youth Inc generated $4.2m in total revenue. All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 79.4% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE THAT YOUNG PEOPLE EXPERIENCING ADVERSITY HAVE A SAFE PLACE TO SLEEP, THE SECURITY TO DREAM, AND THE SUPPORT TO MAKE A POSITIVE IMPACT ON THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
SISU IS A LOW-BARRIER, IDENTITY-AFFIRMING SPACE IN OKLAHOMA CITY WHERE UNHOUSED TRANSITION-AGE YOUTH FIND THE SHELTER AND SUPPORT THEY NEED TO PURSUE THE LIFE THEY WANT. WE OFFER AN EMERGENCY SHELTER, A DROP-IN RESOURCE CENTER, CASE MANAGEMENT SERVICES, AND HOUSING OPPORTUNITIES FOR YOUNG PEOPLE BETWEEN THE AGES OF 15-24.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aquilah Ahmad-Johnson Secretary | OfficerTrustee | 10 | $0 |
Jimmy V Nguyen Director | Trustee | 5 | $0 |
Dennis Rudasill President | OfficerTrustee | 15 | $0 |
Dan Straughan Treasurer | OfficerTrustee | 10 | $0 |
Mike Brose Director | Trustee | 5 | $0 |
Dedrick K Perkins Lmsw Vice Preside | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $140,388 |
| Related organizations | $0 |
| Government grants | $3,145,222 |
| All other contributions, gifts, grants, and similar amounts not included above | $899,332 |
| Noncash contributions included in lines 1a–1f | $136,429 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,184,942 |
| Total Program Service Revenue | $0 |
| Investment income | $20,326 |
| 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 | $4,205,268 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,376,985 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,061 |
| Payroll taxes | $325,177 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,592 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $232,295 |
| Advertising and promotion | $7,979 |
| Office expenses | $6,217 |
| Information technology | $12,564 |
| Royalties | $0 |
| Occupancy | $385,912 |
| Travel | $26,522 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,006 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,640 |
| Insurance | $40,694 |
| All other expenses | $9,469 |
| Total functional expenses | $2,720,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,056 |
| Savings and temporary cash investments | $15,000 |
| Pledges and grants receivable | $840,261 |
| Accounts receivable, net | $316 |
| 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 | $7,690 |
| Net Land, buildings, and equipment | $2,548,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $151,804 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,757,705 |
| Accounts payable and accrued expenses | $353,397 |
| 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 | $496,892 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70,360 |
| Total liabilities | $920,649 |
| Net assets without donor restrictions | $2,821,740 |
| Net assets with donor restrictions | $15,316 |
| 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 | $3,757,705 |