Lyte Collective

Organization Overview

Lyte Collective is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Lyte Collective employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyte Collective 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, Lyte Collective generated $771.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $809.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LYTE COLLECTIVE SERVES YOUNG ADULTS IMPACTED BY POVERTY AND HOMELESSNESS. OUR MISSION IS TO:SUPPORT EVERY YOUNG ADULT WHO CONTACTS US, WITH WHATEVER THEY NEED, FOR AS LONG AS THEY WANT US BY THEIR SIDE.END HARMFUL SYSTEMS THAT CAUSE YOUNG PEOPLE TO NEED OUR HELP IN THE FIRST PLACE.BUILD A MORE JUST AND EQUITABLE WORLD TOGETHER WITH ALL WHO ASPIRE TO DO BETTER BY YOUNG PEOPLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LYTE COLLECTIVE SERVED YOUTH EXPERIENCING POVERTY AND HOMELESSNESS THROUGH HOLISTIC SUPPORT SERVICES THAT INCLUDED: CONNECTION TO HOUSING; PROVIDING FOOD, CLOTHING, SUPPLIES AND TRANSPORTATION; PROVIDING EMERGENCY FUNDS; ENROLLMENT SUPPORT AND AVOCACY WITHIN HIGH SCHOOLS AND COLLEGES; SUPPORT IN GAINING EMPLOYMENT AND INCREASING INCOME; ACCEESSING PUBLIC BENEFITS; ACCESSING PHYSICAL AND MENTAL HEALTH RESOURCES; OBTAINING CHILDCARE; OBTAINING LEGAL SERVICES; HOSTING GROUPS AND ACTIVITIES; AND ONGOING MENTORSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Bonn Wade
Chairperson
$0
Will Bulka
Vice Chairperson
$0
Darrin Shillair
Secretary And Acting Treas
$0
Amanda Dunnavant
Director
$0
Derrick Fisher
Director
$0
Vladimir Ladouceur
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $45,821
All other contributions, gifts, grants, and similar amounts not included above$715,249
Noncash contributions included in lines 1a–1f $14,000
Total Revenue from Contributions, Gifts, Grants & Similar$761,070
Total Program Service Revenue$9,000
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 $771,725

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