Youth Incentive Fund Trust
- Assets
- $195.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/1966
- Data as of
- 12/2022
- 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 12/2022, Youth Incentive Fund Trust generated $5.3k 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 (11.7%) each year. All expenses for the organization totaled $4.3k during the year ending 12/2022. 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
2022
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 |
|---|---|---|---|
Kathleen Williams President | 1 | $0 | |
Earnestine Schram Member | 1 | $0 | |
Gary Moore Member | 1 | $0 | |
Scott Mccloud Member | 1 | $0 | |
Steve Glassell Member | 1 | $0 | |
John Preston Secretary - Treasurer | 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 | $4,580 |
| Gain or Loss | $671 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,251 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,488 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42 |
| Total expenses | $4,331 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,154 |
| Other assets | $0 |
| Total assets | $195,154 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,154 |