Young Leadership Council Inc
- Assets
- $2.6m
- Revenue
- $260.3k
- Investments
- $0.0
- Employees
- 2
- Location
- New Orleans, LA
- Founding
- 05/1945
- Data as of
- 12/2021
- EIN
- 58-7118004
Organization Overview
Young Leadership Council Inc is located in New Orleans, LA. The organization was established in 1945. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Young Leadership Council Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Leadership Council 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, Young Leadership Council Inc generated $260.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $292.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE YOUNG LEADERSHIP COUNCIL IS A NONPROFIT, NONPARTISAN CIVIC ORGANIZATION CREATED TO DEVELOP LEADERSHIP THROUGH COMMUNITY PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHERE YA' RACK? WORKS TO INSTALL UNIQUE AND SECURE BICYCLE PARKING RACKS THROUGHOUT GREATER NEW ORLEANS, LOUISIANA TO ENCOURAGE CYCLING AS AN ENVIRONMENTALLY FRIENDLY AND HEALTHY TRANSPORTATION OPTION FOR COMMUTING, SHORT TRIPS, AND ERRANDS. RACKS ARE SPONSORED BY CITIZENS, BUSINESSES OR PROPERTY OWNERS AND INSTALLED BY YLC MEMBER-VOLUNTEERS. AT THE END OF 2020, 11 BIKE RACKS AND BIKE CORRALS HAVE BEEN INSTALLED.
YLC RECYCLES ENGAGES LOCAL VOLUNTEERS INTERESTED IN HELPING NEW ORLEANS BECOME A GREENER, MORE SUSTAINABLE PLACE TO LIVE THROUGH EDUCATION AND SERVICE OF OUR COMMUNITY. VOLUNTEERS WORK AS A TEAM TO PROVIDE RECYCLING SERVICES FOR FESTIVALS, CONCERTS, AND OTHER GREAT EVENTS ALL OVER THE NEW ORLEANS AREA. AT THE SAME TIME, VOLUNTEERS EDUCATE THE COMMUNITY ABOUT WHICH MATERIALS THEY CAN RECYCLE, WHY RECYCLING IS SO IMPORTANT, AND WHAT RECYCLING OPTIONS ARE AVAILABLE TO THEM AT HOME, WORK, AND SCHOOL.
POWER TIES IS A CAREER AWARENESS PROGRAM THAT LINKS PROFESSIONALS FROM VARIOUS OCCUPATIONS WITH MIDDLE SCHOOL STUDENTS AT THE NEW ORLEANS, LOUISIANA, PUBLIC SCHOOLS: NEW HARMONY HIGH SCHOOL AND SAMUEL GREEN THROUGH A SERIES OF CAREER-ORIENTED WORKSHOPS. THE YLC OPERATES THIS PROGRAM IN COOPERATION WITH FIRSTLINE SCHOOLS. IN 2021, THERE WERE 90 STUDENTS IN THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Koehler President - Elect | OfficerTrustee | 3 | $0 |
Cassie Holcomb Treasurer | OfficerTrustee | 3 | $0 |
Diana Mateo Hernandez VP Of Communications | OfficerTrustee | 3 | $0 |
Kevin Ferguson Past President | OfficerTrustee | 3 | $0 |
Katherine Hammer VP Of Membership | OfficerTrustee | 3 | $0 |
Mia J Lewis Secretary/general Counsel | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,608 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,552 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,343 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,503 |
| Total Program Service Revenue | $35,462 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,480 |
| Net Income from Fundraising Events | -$8,204 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,262 |
| 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. | $67,799 |
| Compensation of current officers, directors, key employees. | $4,068 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,426 |
| Pension plan accruals and contributions | $2,096 |
| Other employee benefits | $9,881 |
| Payroll taxes | $8,267 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $235 |
| Fees for services: Accounting | $50,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,696 |
| Advertising and promotion | $2,587 |
| Office expenses | $1,276 |
| Information technology | $16,753 |
| Royalties | $0 |
| Occupancy | $18,695 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,017 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,246 |
| Insurance | $13,699 |
| All other expenses | $0 |
| Total functional expenses | $292,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,236 |
| Savings and temporary cash investments | $176,039 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,826 |
| 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 | $10,302 |
| Net Land, buildings, and equipment | $411,185 |
| Investments—publicly traded securities | $1,841,156 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,293 |
| Total assets | $2,589,037 |
| Accounts payable and accrued expenses | $28,154 |
| Grants payable | $0 |
| Deferred revenue | $153,797 |
| 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 | $181,951 |
| Net assets without donor restrictions | $2,362,605 |
| Net assets with donor restrictions | $44,481 |
| 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 | $2,589,037 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Young Leadership Council Inc has recieved totaling $22,432.
| Awarding Organization | Amount |
|---|---|
The Greater New Orleans Foundation New Orleans, LA PURPOSE: PUBLIC/SOCIETY BENEFIT | $17,432 |
Goldring Family Foundation Metairie, LA PURPOSE: HUMAN SERVICES | $5,000 |
Endowment Analysis
| Beg. Balance | $1,858,941 |
| Earnings | $261,387 |
| Other Expense | $247,296 |
| Ending Balance | $1,873,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |
Abell-Hanger Foundation Midland, TX | $130,201,135 | $12,262,823 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |