Youth Encouragement Services Inc
- Assets
- $3.9m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 30
- Location
- Nashville, TN
- Founding
- 04/1959
- Data as of
- 12/2021
- EIN
- 62-0570681
Organization Overview
Youth Encouragement Services Inc is located in Nashville, TN. The organization was established in 1959. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Youth Encouragement Services Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Encouragement Services 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, Youth Encouragement Services Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 7.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH ENCOURAGEMENT SERVICES WAS INCORPORATED AS A NONPROFIT ENTITY FOR THE PURPOSE OF PROVIDING PROGRAMS FOR THE BENEFIT OF INNER CITY CHILDREN. THE ORGANIZATION IS FUNDED PRIMARILY THROUGH CONTRIBUTIONS FROM CORPORATIONS, INDIVIDUALS, AND CHURCHES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWO COMMUNITY CENTERS PROVIDING SUPERVISED EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR ECONOMICALLY DISADVANTAGED CHILDREN RESIDING IN HIGH RISK URBAN NEIGHBORHOODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Viva Price Executive Director | Officer | 40 | $78,566 |
Mark Fulford Vice President | OfficerTrustee | 2 | $0 |
J Isaac Sanders Secretary | OfficerTrustee | 2 | $0 |
Greg Allen President | OfficerTrustee | 2 | $0 |
Richmond Donnelly Treasurer | OfficerTrustee | 2 | $0 |
Mckenna Healy Director | 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 | $896,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $896,817 |
| Total Program Service Revenue | $0 |
| Investment income | $748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,101,390 |
| Net Income from Fundraising Events | $48,272 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,149,460 |
| 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. | $78,566 |
| Compensation of current officers, directors, key employees. | $62,853 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,386 |
| Pension plan accruals and contributions | $30,258 |
| Other employee benefits | $25,000 |
| Payroll taxes | $27,880 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,789 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,497 |
| Advertising and promotion | $0 |
| Office expenses | $46,053 |
| Information technology | $4,978 |
| Royalties | $0 |
| Occupancy | $64,499 |
| Travel | $184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,968 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,510 |
| Insurance | $56,073 |
| All other expenses | $0 |
| Total functional expenses | $1,060,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $744,614 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,926 |
| 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 | $2,945,183 |
| Investments—publicly traded securities | $130,454 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,874,177 |
| Accounts payable and accrued expenses | $33,354 |
| 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 | $73,840 |
| Other liabilities | $0 |
| Total liabilities | $107,194 |
| Net assets without donor restrictions | $3,656,983 |
| Net assets with donor restrictions | $110,000 |
| 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 | $3,874,177 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Youth Encouragement Services Inc has recieved totaling $142,348.
| Awarding Organization | Amount |
|---|---|
United Way Of Middle Tennessee Inc Nashville, TN PURPOSE: PROGRAM OPNS (OBI) | $45,000 |
Memorial Foundation Inc Hendersonville, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $30,000 |
Ezell Foundation Inc Nashville, TN PURPOSE: GENERAL | $15,000 |
Joe C Davis Foundation Nashville, TN PURPOSE: PROGRAM SUPPORT | $15,000 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $11,000 |
Washington Foundation Nashville, TN PURPOSE: UNRESTRICTED GIFT | $10,500 |
Endowment Analysis
| Beg. Balance | $110,000 |
| Ending Balance | $110,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Youth Leadership Inc Vass, NC | $7,695,228 | $7,596,341 |
Optimist International Saint Louis, MO | $4,353,135 | $4,531,047 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Fayetteville Youth Center Inc Fayetteville, AR | $12,297,154 | $2,561,088 |
Boys And Girls Clubs Of The Columbia Area Columbia, MO | $4,174,183 | $2,636,782 |
Southwestern Youth Association Inc Centreville, VA | $3,423,364 | $1,936,325 |
Coalition For Kids Inc Johnson City, TN | $1,061,508 | $1,620,502 |
Boys & Girls Club Of Jefferson City Jefferson City, MO | $4,470,698 | $2,010,327 |
Boys And Girls Club Of Transylvania County Inc Brevard, NC | $5,160,904 | $1,796,583 |
Lionheart Incorporated Fredericksburg, VA | $461,193 | $1,334,314 |
In The City Camp Inc Atlanta, GA | $210,512 | $1,428,732 |
Boys & Girls Clubs Of The Piedmont Inc Statesville, NC | $4,265,356 | $1,450,077 |