Youth Incentive Fund Trust
- Assets
- $194.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/1966
- Data as of
- 12/2021
- EIN
- 72-6031304
Organization Overview
Youth Incentive Fund Trust is located in Birmingham, AL. The organization was established in 1966. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Incentive Fund Trust 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 Incentive Fund Trust generated $17.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $4.4k during the year ending 12/2021. While expenses have increased by 1.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONTRIBUTION TO YOUTH INCENTIVE FOR EDUCATIONAL,CHARITABLE OR LITERARY PURPOSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regions Bank Trustee | 1 | $1,578 | |
Kathleen Williams President | 1 | $0 | |
Ellen Ballard President | 1 | $0 | |
Earnestine Schram Member | 1 | $0 | |
John Preston Secretary - Treasurer | 1 | $0 | |
Gary Moore Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,613 |
| Gain or Loss | $12,647 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,260 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,578 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61 |
| Total expenses | $4,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,265 |
| Other assets | $0 |
| Total assets | $194,265 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,265 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kevin Durant Charity Foundation Miami, FL | $727,254 | $2,987,133 |
Orlando Magic Youth Foundation Inc Orlando, FL | $1,082,991 | $1,403,491 |
The Foundation For The Boys & Girls Clubs Inc Bradenton, FL | $14,306,410 | $643,670 |
Georginas Dream Foundation Inc Cooper City, FL | $1,658,262 | $1,142,949 |
Gnf Clarksville, TN | $246,958 | $954,659 |
Childrens Fund Foundation Inc Ashland, AL | $842,126 | $1,386,131 |
Dreamchasers Clarksville, TN | $172,017 | $578,217 |
Mckenzie Noelle Wilson Foundation Ponte Vedra Beach, FL | $1,600,288 | $46,540 |
Atlanta Charity Clays Inc Atlanta, GA | $645,655 | $485,330 |
3e Funding Inc Clarksville, TN | $268,851 | $536,563 |
The Little Lighthouse Foundation Inc Miami, FL | $565,819 | $512,029 |
Variety Of Eastern Tennessee Knoxville, TN | $797,429 | $885,436 |