Y2y Network

Organization Overview

Y2y Network is located in Cambridge, MA. The organization was established in 2018. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Y2y Network employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Y2y Network 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 06/2021, Y2y Network generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 60.4% each year . All expenses for the organization totaled $1.7m during the year ending 06/2021. While expenses have increased by 63.0% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

Y2Y NETWORK EMPLOYS A YOUTH-TO-YOUTH MODEL TO PROVIDE A SAFE AND AFFIRMING ENVIRONMENT FOR YOUNG ADULTS 18-24 EXPERIENCING HOMELESSNESS. Y2Y GUESTS HAVE OPPORTUNITIES TO COLLABORATE WITH SERVICE PROVIDERS, OTHER YOUTH EXPERIENCING HOMELESSNESS, AND STUDENT VOLUNTEERS TO CREATE SUSTAINABLE PATHWAYS OUT OF HOMELESSNESS AND DEVELOP SKILLS FOR LONG-TERM SUCCESS. Y2Y PROVIDES OPPORTUNITIES FOR BOTH GUESTS AND VOLUNTEERS TO BECOME THE NEXT GENERATION'S LEADING ADVOCATES FOR YOUTH-DRIVEN SOLUTIONS TO HOMELESSNESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR MOST SIGNIFICANT ACHIEVEMENTS RELATE DIRECTLY TO THE THREE PILLARS OF Y2Y'S MODEL. SANCTUARY-IN FY21, Y2Y HARVARD SQUARE SERVED 103 OF UNIQUE GUESTS. THROUGHOUT THE COVID-19 PANDEMIC, Y2Y HARVARD SQUARE TRANSITIONED FROM A 30-DAY STAY POLICY TO AN INDEFINITE STAY POLICY FOR OUR GUESTS. 83% OF GUESTS REPORTED THAT Y2Y HARVARD SQUARE IS A WELCOMING AND INCLUSIVE SPACE FOR PEOPLE OF ALL BACKGROUNDS.PATHWAYS-Y2Y HARVARD SQUARE GUESTS HAVE THE OPPORTUNITY TO WORK WITH CASE MANAGERS TO ACCESS A WIDE NETWORK OF PARTNER SERVICE PROVIDERS, INCLUDING ACCESS TO WEEKLY VISITS FROM A PHYSICIAN FROM BOSTON HEALTHCARE FOR THE HOMELESS PROGRAM. ADDITIONALLY, DUE TO THE ADDED HARDSHIP THAT COVID-19 PRESENTED FOR YOUNG PEOPLE EXPERIENCING HOMELESSNESS, Y2Y NETWORK PARTNERED WITH THE CAMBRIDGE HOUSING AUTHORITY TO EXPAND ACCESS TO SECTION-18 HOUSING VOUCHERS FOR OUR GUESTS. THROUGH THIS PARTNERSHIP, Y2Y NETWORK HAS SUCCESSFULLY PLACED 7 GUESTS INTO PERMANENT AFFORDABLE HOUSING. ADVOCACY AND LEADERSHIP DEVELOPMENT-IN FY21, OUR STUDENT STAFF AND GUESTS HAVE JOINED PROTEST EFFORTS TO END POLICE BRUTALITY AS WELL AS CONTINUED CONVERSATIONS WITH COMMUNITY MEMBERS AND LEGISLATORS REGARDING POLICIES TO END YOUTH HOMELESSNESS. ADDITIONALLY, IN FY21 Y2Y NETWORK BECAME THE FISCAL SPONSOR FOR THE BOSTON AREA YOUTH CASH TRANSFER PROGRAM (BAY CASH) A LOCAL PROGRAM THAT WILL TRANSFER CASH DIRECTLY TO YOUTH EXPERIENCING HOMELESSNESS IN THE GREATER BOSTON AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Cameron Van Fossen
Executive Director
$107,516
Skyler Brader
Treasurer
$0
Bob Giannino
Chair
$0
Sue Dalelio
Director
$0
Ayala Livny
Director
$0
Jamila Bradley
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $730,628
All other contributions, gifts, grants, and similar amounts not included above$1,414,948
Noncash contributions included in lines 1a–1f $5,223
Total Revenue from Contributions, Gifts, Grants & Similar$2,145,576
Total Program Service Revenue$0
Investment income $468
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 $2,146,044

Grants Awarded

Over the last fiscal year, Y2y Network has awarded $218,387 in support to 2 organizations.

Grant RecipientAmount

New Haven, CT

PURPOSE: CAPITAL CAMPAIGN

$197,240

PHILLIPS BROOKS HOUSE ASSOCIATION

Org PageRecipient Profile

Cambridge, MA

PURPOSE: OPERATING SUPPORT

$21,147
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Y2y Network has recieved totaling $294,073.

Awarding OrganizationAmount
Liberty Mutual Foundation Inc

Boston, MA

PURPOSE: Y2Y GENERAL OPERATING FUNDS

$75,000
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL SUPPORT

$68,000
Yawkey Foundation Ii

Dedham, MA

PURPOSE: WRAPAROUND BASIC NEEDS (FOOD, HOUSING) FOR UNDERSERVED INDIVIDUALS

$50,000
Wagner Foundation

Boston, MA

PURPOSE: GENERAL OPERATING SUPPORT

$25,000
Wellington Management Foundation

Boston, MA

PURPOSE: See Part IV

$25,000
$20,000
View Grant Recipient Profile

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