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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Powell President | OfficerTrustee | 40 | $0 |
James Smith Director | OfficerTrustee | 2 | $0 |
Tomi Hill Treasurer | OfficerTrustee | 2 | $0 |
Terry Robinson Vice President | OfficerTrustee | 2 | $0 |
Jean Judge Secretary | OfficerTrustee | 2 | $0 |
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 |
Organization Name | Assets | Revenue |
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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 |