Youth Unlimited Inc
- Assets
- $3.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 39
- Location
- High Point, NC
- Founding
- 05/1971
- Data as of
- 06/2022
- EIN
- 56-0904267
Organization Overview
Youth Unlimited Inc is located in High Point, NC. The organization was established in 1971. According to its NTEE Classification (I44) the organization is classified as: Prison Alternatives, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2022, Youth Unlimited Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Unlimited 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 06/2022, Youth Unlimited Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH UNLIMITED, INC'S MISSION IS TO PROVIDE A CONTINUUM OF SERVICES TO CHILDREN, ADOLESCENTS AND THEIR FAMILIES THAT WILL DEVELOP THE STRENGTHS OF EACH INDIVIDUAL INTO PRODUCTIVE LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL CARE - RESIDENTIAL TREATMENT HOMES FOR ADOLESCENT YOUNG PEOPLE WHO CANNOT LIVE AT HOME AND NEED MENTAL HEALTH SERVICES. APPROXIMATELY 49 INDIVIDUALS WERE SERVED DURING THE FISCAL YEAR 6/30/2022.
INTENSIVE IN-HOME - INTENSIVE IN-HOME SERVICES ARE CLINICALLY ORIENTED, SHORT-TERM THERAPY SERVICES PROVIDED TO THE CHILD AND FAMILY IN THEIR HOME. THE INTENSIVE IN-HOME SERVICES TEAM WORKS TO STABILIZE THE HOME ENVIRONMENT, PROMOTE REUNIFICATION OF THE FAMILY OR PREVENT OUT-OF-HOME PLACEMENT. APPROXIMATELY 62 INDIVIDUALS AND THEIR FAMILIES WERE SERVED DURING THE FISCAL YEAR 6/30/2022.
COMMUNITY SERVICES. APPROXIMATELY 350 INDIVIDUALS AND THEIR FAMILIES WERE SERVED DURING THE FISCAL YEAR 6/30/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Clifford Parker Jr Executive Dir. | Officer | 40 | $156,114 |
Mr Herman Hunter Jr Director | Trustee | 1 | $0 |
Rev Jonathan Lewis Vice Chair | OfficerTrustee | 1 | $0 |
Ms Jennifer Boyles Director | Trustee | 1 | $0 |
Mr Jorge Mata Chair | OfficerTrustee | 1 | $0 |
Mr Lamar Boykin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $36,745 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,495 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,240 |
| Total Program Service Revenue | $1,620,284 |
| Investment income | $16,041 |
| 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 | $1,683,144 |
| 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. | $163,053 |
| Compensation of current officers, directors, key employees. | $163,053 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $793,648 |
| Pension plan accruals and contributions | $2,693 |
| Other employee benefits | $49,995 |
| Payroll taxes | $70,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,194 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,406 |
| Advertising and promotion | $0 |
| Office expenses | $34,564 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $98,609 |
| Travel | $28,939 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,316 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,293 |
| Insurance | $79,131 |
| All other expenses | $1,545 |
| Total functional expenses | $1,592,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,837 |
| Savings and temporary cash investments | $1,276,854 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $156,059 |
| 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 | $1,393,326 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $133,032 |
| Total assets | $3,529,108 |
| Accounts payable and accrued expenses | $58,594 |
| 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 | $58,594 |
| Net assets without donor restrictions | $3,454,552 |
| Net assets with donor restrictions | $15,962 |
| 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 | $3,529,108 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
One Step Further Incorporated Greensboro, NC | $570,202 | $2,822,054 |
Generation Group Homes Of Greenville Inc Simpsonville, SC | $3,861,669 | $1,125,556 |
Youth Unlimited Inc High Point, NC | $3,529,108 | $1,683,144 |
Sea Haven Inc North Myrtle Beach, SC | $2,808,631 | $2,024,551 |
Emancipate Nc Inc Durham, NC | $1,703,132 | $1,112,752 |
Repay Inc Morganton, NC | $193,208 | $717,274 |
Pretrial Resources Center Inc Jacksonville, NC | $223,785 | $400,221 |
Blount County Recovery Court Foundation Inc Maryville, TN | $57,989 | $242,837 |
Arm Arm Inc Alexandria, VA | $139,390 | $0 |
Freeman Outreach Center Memphis, TN | $2,653 | $17,026 |
Youth Achieving Moral Maturity Inc Winston Salem, NC | $157 | $0 |
Spalding County Accountability Court Foundation Inc Griffin, GA | $9,094 | $0 |
Tyrrell Prison Work Farm Community Resource Council Kill Devil Hills, NC | $0 | $0 |