Victory For Youth Inc
- Assets
- $560.4k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 36
- Location
- Miami, FL
- Founding
- 08/2000
- Data as of
- 12/2023
- EIN
- 65-0874830
Organization Overview
Victory For Youth Inc is located in Miami, FL. The organization was established in 2000. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Victory For Youth Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victory 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 12/2023, Victory For Youth Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 32.3% per year over the past 9 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
VICTORY FOR YOUTH INC. VFY ASSISTS FAMILIES ADULTS SENIORS AND CHILDREN WITH SERVICES FOOD EMPLOYMENT CLOTHES AND GOODS IN TIMES OF NEED AND DISTRESS THROUGHOUT FLORIDA PRIMARILY IN MIAMI DADE BROWARD AND N.W. COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARE YOUR HEART IS VICTORY FOR YOUTH'S PRIMARY PROGRAM. IT IS A COMPREHENSIVE SUPPORT SERVICE FOR FAMILIES ADULTS CHILDREN AND ORGANIZATIONS SUCH AS THE DEPARTMENT OF CHILDREN AND FAMILIES MIAMI DADE SCHOOL POLICE COMMUNITY CENTERS CHURCHES ETC. ASSISTANCE IS PROVIDED IN THE FORM OF CLOTHING FOOD AS WELL AS SPIRITUAL AND EMOTINAL SUPPORT. TRAINING FOR CERTIFICATION AS COMMUNITY EMERGENCY RESPONSE TEAM CERT MEMBERS AND OUR DCF APPROVED CHAPLAINCY PROGRAM IS OFFERED TO VOLUNTEERS TO ASSIST IN TIMES OF DISTRESS AND DISASTERS. THE AGENCY SERVED OVER 80,000 PEOPLE.
SUMMER FEEDING IS A PROGRAM SPONSORED BY THE FLORIDA DEPARTMENT OF AGRICULTURE. CHILDREN ATTENDING SUMMER PROGRAMS IN LOW SOCIO ECONOMIC AREAS ARE SUPPLIED WITH MEALS DURING DAYS THAT THEY ARE NOT IN SCHOOL DURING THE SUMMER MONTHS.
VOCATIONAL REHABILITATION IS A SERVICE OFFERED BY THE AGENCY TO ASSIST PERSONS WITH DISABILITIES TO OBTAIN JOB TRAINING AND PLACEMENT. THIS PROGRAM IS SPONSORED BY THE FLORIDA DEPARTMENT OF EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shamele Jenkins Board Chair | Trustee | 3 | $0 |
Toni Mysorewala Treasurer | Officer | 40 | $0 |
Isabel Gonzalez Secreatary | Officer | 40 | $0 |
Rolando Gonzalez President Executive Director | Officer | 40 | $0 |
Isabel Afanador Director | Trustee | 2 | $0 |
Jose Carillo Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,372,023 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,760 |
| Noncash contributions included in lines 1a–1f | $660,036 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,683,783 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,683,783 |
| 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 | $639,489 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,422 |
| Payroll taxes | $49,735 |
| Fees for services: Management | $46,702 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,149 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,276 |
| Office expenses | $51,213 |
| Information technology | $43,116 |
| Royalties | $0 |
| Occupancy | $42,608 |
| Travel | $35,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $8,650 |
| Conferences, conventions, and meetings | $49,299 |
| Interest | $2,711 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $543 |
| Insurance | $13,916 |
| All other expenses | $31,176 |
| Total functional expenses | $1,665,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,476 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $215,143 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $126,974 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,790 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $560,383 |
| Accounts payable and accrued expenses | $72,638 |
| Grants payable | $0 |
| Deferred revenue | $247,350 |
| 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 | $28,941 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $348,929 |
| Net assets without donor restrictions | $211,454 |
| 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 | $560,383 |