World Federation Of Youth Clubs Inc
- Assets
- $2.0m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Orlando, FL
- Founding
- 12/2019
- Data as of
- 06/2024
- EIN
- 84-2274485
Organization Overview
World Federation Of Youth Clubs Inc is located in Orlando, FL. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2024, World Federation Of Youth Clubs Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Federation Of Youth Clubs 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 06/2024, World Federation Of Youth Clubs Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, ADVANCE AND ENHANCE GLOBAL YOUTH ORGANIZATIONS THAT PROVIDE A POSITIVE ENVIRONMENT AND A SAFE PLACE FOR YOUNG PEOPLE AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WYC SERVES AFFILIATE ORGANIZATIONS IN THREE DISTINCT AREAS. GUIDANCE & CONSULTATION - WYC PROVIDES PERSONALIZED ASSESSMENT SERVICES AND HIGH-TOUCH TECHNICAL ASSISTANCE IN CRITICAL AREAS OF ORGANIZATIONAL DEVELOPMENT, INCLUDING: - BOARD DEVELOPMENT - STAFF DEVELOPMENT - FINANCE & ADMINISTRATION - RESOURCE DEVELOPMENT - MARKETING & COMMUNICATIONS - SAFETY & FACILITIES - PROGRAM CURRICULUM - TECHNOLOGY & SYSTEMS - STRATEGIC PLANNING - OUTCOMES MEASUREMENTNETWORKING & LEARNING OPPORTUNITIES - WYC LOOKS TO CURATE KNOWLEDGE ACROSS A RANGE OF YOUTH DEVELOPMENT MODELS TO IMPROVE ORGANIZATIONAL EFFICIENCIES, DEVELOP YOUTH PROFESSIONALS, AND ENHANCE THE WORK OF BOARD VOLUNTEERS. THESE OPPORTUNITIES INCLUDE: - WYC ANNUAL INTERNATIONAL CONFERENCE - MONTHLY WEBCAST SERIES - SHARING OF BEST PRACTICES - FORMAL AND INFORMAL NETWORKING OPPORTUNITIES AMONG AFFILIATE MEMBERSADVOCACY & RECOGNITION - WYC ADVOCATES ON BEHALF OF THE INTERNATIONAL YOUTH DEVELOPMENT MOVEMENT, BRINGING AWARENESS TO THE IMPACT OF YOUTH CLUBS AND YOUTH DEVELOPMENT PROFESSIONALS WORLDWIDE. RECOGNITION OPPORTUNITIES INCLUDE: - WYC ANNUAL PROMISE AWARDS: CELEBRATING YOUTH, YOUTH DEVELOPMENT PROFESSIONALS AND INNOVATIVE PROGRAMMING OF AFFILIATE MEMBERS - CHALLENGE GRANTS: PASS THROUGH FUNDING PROVIDED TO WYC AFFILIATES TO SUPPORT GROWTH AND INNOVATION
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 |
|---|---|---|---|
Kirk Dominick President & CEO | Officer | 40 | $366,480 |
Abigail Lemay Vice President Of Impact | 40 | $105,975 | |
Luciano Azum Director | Trustee | 2 | $0 |
Beau Bridges Director | Trustee | 2 | $0 |
Kyle Maryanski Director | Trustee | 2 | $0 |
Karen Rheuban Director Effective 03/24 | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,497,637 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,497,637 |
| Total Program Service Revenue | $0 |
| Investment income | $65,874 |
| 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 | $1,563,511 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $548,300 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $376,591 |
| Compensation of current officers, directors, key employees. | $37,659 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $252,803 |
| Pension plan accruals and contributions | $2,221 |
| Other employee benefits | $14,281 |
| Payroll taxes | $34,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,329 |
| Fees for services: Accounting | $59,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $361,339 |
| Advertising and promotion | $25,633 |
| Office expenses | $17,838 |
| Information technology | $6,985 |
| Royalties | $0 |
| Occupancy | $102,797 |
| Travel | $59,234 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,716 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,629 |
| Insurance | $6,259 |
| All other expenses | $0 |
| Total functional expenses | $1,965,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,707 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000 |
| 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 | $33,515 |
| Net Land, buildings, and equipment | $25,811 |
| Investments—publicly traded securities | $1,301,753 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $458,861 |
| Total assets | $1,965,647 |
| Accounts payable and accrued expenses | $59,240 |
| Grants payable | $0 |
| Deferred revenue | $5,898 |
| 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 | $447,003 |
| Total liabilities | $512,141 |
| Net assets without donor restrictions | $1,411,328 |
| Net assets with donor restrictions | $42,178 |
| 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 | $1,965,647 |