Truth For Youth Inc
- Assets
- $786.3k
- Revenue
- $93.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 59-3273230
Organization Overview
Truth For Youth Inc is located in Pensacola, FL. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truth For 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 12/2021, Truth For Youth Inc generated $93.7k 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 (24.5%) each year. All expenses for the organization totaled $59.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRUTH FOR YOUTH PROVIDES EDUCATIONAL, CULTURAL, AND SOCIAL PROGRAMS FOR AT-RISK, INNER CITY YOUTH AGES 6 TO 16. SERVICES ARE PROVIDED FOR YOUTH IN COMMUNITIES WHICH ARE UNDERPRIVILEGED, UNDER SERVED, UNEMPLOYED,HAVE HIGH DROP OUT RATES, AND HIGH LEVELS OF POVERTY. SERVICES ARE PROVIDED BY A MOBILE DELIVERY UNIT AND A CONCESSION STAND WHICH EXTENDS SERVICES TO SCHOOLS, CHURCHES, COMMUNITY CENTERS, PARKS, RECREATION CENTERS, HOUSING COMPLEXES, LOCAL NEIGHBORHOODS AND SURROUNDING COUNTIES.
Describe the Organization's Program Activity:
BACK ON THE BLOCK
CHRISTMAS REPORT CARD RALLY
GRAB & GO FOOD DISTRIBUTION - COMMUNITY OUTREACH
OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Robinson Vice President | OfficerTrustee | 2 | $0 |
John Powell President | OfficerTrustee | 40 | $0 |
Tomi Hill Treasurer | OfficerTrustee | 2 | $0 |
James Smith Director | OfficerTrustee | 2 | $0 |
Jean Judge Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,245 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,245 |
| Total Program Service Revenue | $42,877 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,600 |
| 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 | $93,722 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $750 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,943 |
| Advertising and promotion | $2,098 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,365 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $721 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,612 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $59,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,595 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $681,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,000 |
| Total assets | $786,318 |
| Accounts payable and accrued expenses | $29,560 |
| 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 | $568,451 |
| Unsecured mortgages and notes payable | $1,000 |
| Other liabilities | $0 |
| Total liabilities | $599,011 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $187,307 |
| Total liabilities and net assets/fund balances | $786,318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of Atlanta Inc Atlanta, GA | $3,938,581 | $6,356,386 |
Make A Difference Ministries Inc Ellijay, GA | $7,533,838 | $2,750,869 |
Juvenile Transition Center Inc Boynton Beach, FL | $971,667 | $1,707,104 |
Baldwin Youth Services Inc Robertsdale, AL | $3,442,324 | $1,036,600 |
Youth Guidance Donation Fund Of Indian River County Vero Beach, FL | $924,628 | $819,676 |
Teens At Work Inc Atlanta, GA | $523,481 | $322,524 |
Forsyth County Community Connection Inc Cumming, GA | $54,315 | $0 |
Electric Kids Inc Atlanta, GA | $1,152,883 | $24,258 |
Truth For Youth Inc Pensacola, FL | $786,318 | $93,722 |
Willie Dean Ministries Inc Conyers, GA | $0 | $0 |