Yellow Door Foundation Inc
- Assets
- $228.3k
- Revenue
- $371.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Charlottesville, VA
- Founding
- 11/2017
- Data as of
- 12/2023
- EIN
- 82-1240949
Organization Overview
Yellow Door Foundation Inc is located in Charlottesville, VA. The organization was established in 2017. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellow Door Foundation 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, Yellow Door Foundation Inc generated $371.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $392.8k during the year ending 12/2023. While expenses have increased by 21.5% per year over the past 6 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
THE ORGANIZATION PROVIDES FREE TEMPORARY HOUSING TO FAMILIES OF PEDIATRIC PATIENTS UNDERGOING CANCER TREATMENT AND TRANSPLANT TREATMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YELLOW DOOR FOUNDAITON PROVIDES FREE, LONG TERM SANCTUARY LODGING FOR THE FAMILIES OF PEDIATRIC PATIENTS UNDERGOING CANCER AND TRANSPLANT TREATMENTS. OUR SINGLE-FAMILY APARTMENTS OFFER FAMILIES CONVENIENT, COMFORTABLE HOMES AS THEY FIGHT TO MAINTAIN AS NORMAL A LIFE AS POSSIBLE WHEN CONFRONTING SEVERE PEDIATRIC ILLNESS. IN 2023, WE ALSO PROVIDED MEALS FOR THE FAMILIES IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Mctague President / Executive Director | OfficerTrustee | 60 | $101,000 |
Stacia Torrey Director Of Development | OfficerTrustee | 40 | $24,000 |
Ashby Kindler Treasurer | OfficerTrustee | 5 | $0 |
Stephanie Gatewood Secretary | OfficerTrustee | 5 | $0 |
Sarah Zimmerman Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $35,246 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $265,193 |
| Noncash contributions included in lines 1a–1f | $8,071 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,439 |
| Total Program Service Revenue | $0 |
| Investment income | $4,076 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $56,523 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $371,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $956 |
| Grants and other assistance to domestic individuals. | $4,629 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,000 |
| Compensation of current officers, directors, key employees. | $5,430 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,147 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,728 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,450 |
| Advertising and promotion | $3,550 |
| Office expenses | $8,011 |
| Information technology | $3,356 |
| Royalties | $0 |
| Occupancy | $159,854 |
| Travel | $12,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $875 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,071 |
| All other expenses | $0 |
| Total functional expenses | $392,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,154 |
| Savings and temporary cash investments | $1,992 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84 |
| 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 | $37,020 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $228,250 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $885 |
| Total liabilities | $885 |
| Net assets without donor restrictions | $227,365 |
| 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 | $228,250 |