You Can Fail Inc
- Assets
- $18.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Auburn, NY
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-4610055
Organization Overview
You Can Fail Inc is located in Auburn, NY. The organization was established in 2016. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. You Can Fail 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 12/2021, You Can Fail Inc generated $24.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $14.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (27.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR GOAL IS TO PROVIDE A MULTICULTURAL LEADERSHIP LEARNING ENVIRONMENT FOR PROFESSIONAL WOMEN OF COLOR AND THOSE WHO SUPPORT THEM, UNEXPECTED LEADERS, AND OTHER YOUNG WOMEN AND INDIVIDUALS WHO ARE STRIVING TO BUILD THEIR SELF-ESTEEM AND GROW PERSONALLY AS THEY BUILD A SUCCESSFUL LEADERSHIP PATH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alyssa Whitfield President | 1 | $0 | |
Sheena Solomon Vice President | 1 | $0 | |
Kate Michaels Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,100 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $915 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3 |
| Other expenses | $13,095 |
| Total expenses | $14,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,611 |
| Other assets | $0 |
| Total assets | $18,611 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,611 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that You Can Fail Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Central New York Community Foundation Inc Syracuse, NY PURPOSE: PROGRAM SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Glynwood Center Inc Cold Spring, NY | $32,242,454 | $4,913,173 |
Lubetzky Family Foundation New York, NY | $3,686,685 | $1,229,616 |
Games For Change Inc New York, NY | $620,574 | $3,036,460 |
Community Training And Assistance Center Inc Boston, MA | $3,090,991 | $2,699,211 |
School Of Leadership-Afghanistan Inc Boston, MA | $18,498,696 | $9,621,061 |
Philanthropi Charitable Philadelphia, PA | $994,404 | $2,131,591 |
Root Cause Institute Inc Cambridge, MA | $1,560,820 | $1,770,100 |
Massachusetts Technology Leadership Council Inc Lexington, MA | $1,443,602 | $1,632,935 |
Leadership Inc Philadelphia, PA | $688,665 | $1,177,619 |
Northside Leadership Conference Pittsburgh, PA | $3,372,319 | $811,605 |
Chumir Foundation For Ethics In Leadership New York, NY | $106,762 | $800,000 |
Advanced Leadership Institute Inc Pittsburgh, PA | $4,385,119 | $5,108,147 |