Louisville Youth Group Inc
- Assets
- $154.8k
- Revenue
- $428.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Louisville, KY
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 61-1340329
Organization Overview
Louisville Youth Group Inc is located in Louisville, KY. The organization was established in 2000. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Louisville Youth Group Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Youth Group 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 12/2023, Louisville Youth Group Inc generated $428.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $447.3k during the year ending 12/2023. While expenses have increased by 22.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LYG EMPOWERS QTBIPOC/LGBTQIA+ YOUTH TO GROW INTO HEALTHY AND RESILIENT LEADERS THROUGH COMMUNITY CONNECTION, LIFE SKILLS EDUCATION, AND SOCIAL ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWERMENT CAMP:EVERY FALL, LYG YOUTH GO ON A WEEKEND-LONG EMPOWERMENT CAMP AT YMCAS CAMP PIOMINGO. THIS IS AN OPPORTUNITY FOR YOUTH TO GET OUTSIDE OF THEIR COMFORT ZONES IN A SAFE AND AFFIRMING ENVIRONMENT. GUIDED BY STAFF AND MENTORS, THEY PARTICIPATE IN ACTIVITIES DESIGNED TO BUILD SELF-ESTEEM, CONNECT TO A SUPPORTIVE COMMUNITY, AND IDENTIFY LEADERSHIP SKILLS. GROUP PROGRAMS:LYG CURRENTLY OFFERS SEVERAL REGULARLY SCHEDULED GROUP MEETINGS FOR LGBTQIA+ YOUTH AGES 5-20, INCLUDING GROUPS FOR YOUTH AGES 5-12, YOUTH 13-17, ADULTS 18-24 AND GROUPS SPECIFICALLY FOR GENDER DIVERSE YOUTH AND YOUTH OF THE GLOBAL MAJORITY.PRIDE PROM:LYG ACTIVELY PARTICIPATES IN THE MANY PRIDE OPPORTUNITIES IN THE KENTUCKIANA REGION. PRIDE MONTH IS AN IMPORTANT WAY FOR LGBTQIA+ YOUTH TO CONNECT WITH THEIR ROOTS AND ENGAGE WITH THE LOCAL COMMUNITY. EACH SPRING, LYG HOSTS A PRIDE PROM AS AN ALTERNATIVE FOR YOUTH WHO MAY NOT FEEL SAFE OR WELCOME ATTENDING THEIR SCHOOL PROM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Selent Board Member | Trustee | 1 | $0 |
Amanda Minogue Board Member | Trustee | 1 | $0 |
Dr Bobbie Glass Board Member | Trustee | 1 | $0 |
Dr Vicky Harris Board Member | Trustee | 1 | $0 |
Holly Hinson Board Member | Trustee | 1 | $0 |
Sara Williams Board Members | Trustee | 1 | $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 | $428,050 |
| Noncash contributions included in lines 1a–1f | $105,564 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $428,050 |
| Total Program Service Revenue | $0 |
| Investment income | $595 |
| 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 | $428,645 |
| 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. | $72,960 |
| Compensation of current officers, directors, key employees. | $32,832 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,051 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,475 |
| Payroll taxes | $13,513 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,740 |
| Advertising and promotion | $21,988 |
| Office expenses | $53,154 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105,564 |
| Travel | $877 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,575 |
| All other expenses | $470 |
| Total functional expenses | $447,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,117 |
| Savings and temporary cash investments | $65,722 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $154,839 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $154,839 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $154,839 |