Foundation For Youth Initiatives In Kentucky Inc
- Assets
- $34.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nicholasville, KY
- Founding
- Data as of
- 06/2023
- EIN
- 84-2222743
Organization Overview
Foundation For Youth Initiatives In Kentucky Inc is located in Nicholasville, KY. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Youth Initiatives In Kentucky 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 06/2023, Foundation For Youth Initiatives In Kentucky Inc generated $104.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $81.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (20.0%) per year over the past 2 years. 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
2023
Describe the Organization's Program Activity:
Part 3
LIFE SKILLS TRAINING AND RECREATIONAL GOLF INSTRUCTION FOR YOUTHS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Mims Chairman | 25 | $5,000 | |
Erin Soard Director | 0 | $0 | |
Kevin Avent Director | 0 | $0 | |
Brian Lane Director | 0 | $0 | |
Greg Miracle Director | 0 | $0 | |
Trey Queenan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,757 |
| Total Program Service Revenue | $10,459 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,053 |
| Other Revenue | $3 |
| Total Revenue | $104,272 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,055 |
| Professional fees and other payments to independent contractors | $18,903 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $328 |
| Other expenses | $26,808 |
| Total expenses | $81,094 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,483 |
| Other assets | $0 |
| Total assets | $34,483 |
| Total liabilities | $1,450 |
| Net assets or fund balances | $33,033 |