Young Mens Business League Of Austin
- Assets
- $332.6k
- Revenue
- $121.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 12/1956
- Data as of
- 12/2021
- EIN
- 74-6062912
Organization Overview
Young Mens Business League Of Austin is located in Austin, TX. The organization was established in 1956. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Business League Of Austin is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Young Mens Business League Of Austin generated $121.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $101.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Young Mens Business League Of Austin has awarded 21 individual grants totaling $1,136,005. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE MEN TO GROW PROFESSIONALLY BY WORKING WITH OTHERS TOWARDS HELPING AT RISK YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A FORUM FOR MEMBERS TO LEARN ABOUT THEIR COMMUNITY, HOW IT WORKS, IDENTIFY ITS NEEDS, AND DEVELOP LEADERSHIP SKILLS TO ACCOMPLISH THEIR MISSION.
TO PROVIDE FUNDS TO THE AUSTIN YMBL SUNSHINE CAMPS, WHICH FULFILLS ORGANIZATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Mcmillan President | OfficerTrustee | 10 | $0 |
Chris Miller Past President | OfficerTrustee | 2 | $0 |
Tyler Ray Treasurer | OfficerTrustee | 2 | $0 |
Hal Williams President Elect | OfficerTrustee | 2 | $0 |
James Baker Secretary | OfficerTrustee | 2 | $0 |
Chris Gunn VP Alumni Relations | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,634 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $900 |
| Noncash contributions included in lines 1a–1f | $900 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,534 |
| Total Program Service Revenue | $70,130 |
| Investment income | $81 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$610 |
| Net Income from Gaming Activities | $8,933 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $121,068 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,625 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,514 |
| Information technology | $9,263 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,542 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $190 |
| Insurance | $0 |
| All other expenses | $1,272 |
| Total functional expenses | $101,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,924 |
| Savings and temporary cash investments | $0 |
| 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 | $32,711 |
| 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 | $332,635 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $100,308 |
| 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 | $40,000 |
| Total liabilities | $140,308 |
| Net assets without donor restrictions | $192,327 |
| 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 | $332,635 |
Grants Awarded
Over the last fiscal year, Young Mens Business League Of Austin has awarded $74,795 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: ORGANIZATIONAL SUPPORT | $52,367 |
Austin, TX PURPOSE: ORGANIZATIONAL SUPPORT | $12,428 |
Austin, TX PURPOSE: ORGANIZATIONAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Young Mens Business League Of Austin has recieved totaling $5,160.
| Awarding Organization | Amount |
|---|---|
Charles Butt Foundation San Antonio, TX PURPOSE: SUNSHINE CAMPS | $5,160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |