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 06/2021, World Federation Of Youth Clubs Inc employed 2 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 06/2021, World Federation Of Youth Clubs Inc generated $969.5k 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 (40.5%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. 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
2021
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
OVERVIEW: WORLD FEDERATION OF YOUTH CLUBS (WFYC) EXISTS TO DEVELOP, ADVANCE, AND ENHANCE GLOBAL YOUTH ORGANIZATIONS THAT PROVIDE A POSITIVE ENVIRONMENT AND A SAFE PLACE FOR YOUNG PEOPLE AROUND THE WORLD. WFYC PARTNERS WITH LOCAL YOUTH ORGANIZATIONS GLOBALLY TO ACCELERATE STANDARDS OF OPERATIONAL EXCELLENCE BY IMPROVING OPERATIONS, FUNDRAISING, BOARD GOVERNANCE, PROGRAM IMPLEMENTATION, AND MEASUREMENT. YOUTH DEVELOPMENT STARTS WITH INVESTING IN COMPETENT AND COMMITTED PROFESSIONALS WHO CREATE CONSISTENT DEVELOPMENTAL EXPERIENCES WITHIN A SAFE ADULT-SUPERVISED ENVIRONMENT, SO EVERY YOUNG PERSON CAN REACH THEIR PERSONAL POTENTIAL. WFYC IS A MEMBERSHIP-BASED ORGANIZATION, WORKING WITH AFFILIATE ORGANIZATIONS TO CREATE THE CONDITIONS, STRUCTURES, AND RESOURCES TO BUILD A GLOBAL YOUTH DEVELOPMENT MOVEMENT WHERE WFYC MEMBERS RETAIN AUTONOMY, RECEIVE TECHNICAL ASSISTANCE, ACCESS TO A PROFESSIONAL NETWORK, AND OTHER NEEDED RESOURCES. GUIDE & CONSULT: THIS PROGRAMMATIC AREA IS AT THE HEART OF WHAT WE DO HERE AT WFYC. THROUGH PERSONALIZED ONE-ON-ONE ASSISTANCE AND SUSTAINED NO-FEE CONSULTATION, WE DESIGN ACTION PLANS TO ADDRESS THE NEEDS OF YOUTH ORGANIZATIONS ACROSS A RANGE OF OPERATIONAL AREAS. WFYC ALSO DEPLOYS ITS YOUTH DEVELOPMENT EXPERTISE AND FINANCIAL RESOURCES THROUGH SPECIAL PROGRAMS AND CUSTOMIZED TRAINING. ROUGHLY 50 PERCENT OF OUR ORGANIZATIONAL CAPACITY IS USED TO DELIVER TARGETED TECHNICAL ASSISTANCE ACROSS 60 AFFILIATE ORGANIZATIONS IN 30 PLUS COUNTRIES GLOBALLY. NETWORK & LEARN: AS A MEMBERSHIP-BASED INTERNATIONAL FEDERATION, WFYC LOOKS TO CURATE KNOWLEDGE ACROSS A RANGE OF YOUTH DEVELOPMENT MODELS TO IMPROVE ORGANIZATIONAL EFFICIENCIES, DEVELOP YOUTH PROFESSIONALS, AND BOARD VOLUNTEERS. THROUGH TRADITIONAL PLATFORMS SUCH AS THE WFYC ANNUAL INTERNATIONAL CONFERENCE AND DIGITAL WEBCAST SESSIONS, WE AIM TO ENHANCE KNOWLEDGE AND FOSTER STRONGER CONNECTIONS BETWEEN OUR AFFILIATE MEMBERS. ROUGHLY 35 PERCENT OF OUR RESOURCES ARE ALLOCATED TO THIS AREA. PROMOTE & AMPLIFY: WE ADVOCATE ON BEHALF OF THE YOUTH DEVELOPMENT MOVEMENT BY PROMOTING THE BENEFITS OF INVESTING IN ORGANIZATIONS, LEADERS AND STAFF DEDICATED TO THIS WORK. WFYC'S GLOBAL RECOGNITION PROGRAM RECOGNIZES OUTSTANDING PERFORMANCE ACROSS SEVERAL CATEGORIES. TARGETED WFYC MINI GRANTS LOOK TO CREATE LEVERAGE OR SEED CAPITAL FOR LOCAL YOUTH PROGRAMS. WFYC ULTIMATELY INTENDS TO BRIDGE THE GAP BETWEEN FUNDERS AND THE YOUTH ORGANIZATIONS WE REPRESENT. WE SPEND 15 PERCENT OF ORGANIZATIONAL RESOURCES TO PROMOTE AND AMPLIFY OUR AFFILIATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glenn Permuy President & CEO | Officer | 40 | $197,500 |
Mark Shamley Executive VP & COO | Officer | 40 | $195,159 |
Elinor Steele Secretary | OfficerTrustee | 7 | $0 |
David Beach Treasurer | OfficerTrustee | 5 | $0 |
Rick Goings Chair | OfficerTrustee | 10 | $0 |
Beau Bridges Director | Trustee | 2 | $0 |
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 | $705,580 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $705,580 |
Total Program Service Revenue | $0 |
Investment income | $15,174 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $214,936 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $969,504 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $339,550 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $488,210 |
Compensation of current officers, directors, key employees. | $112,571 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $128,757 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $26,599 |
Fees for services: Management | $0 |
Fees for services: Legal | $123,431 |
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 | $58,000 |
Advertising and promotion | $5,935 |
Office expenses | $7,992 |
Information technology | $20,393 |
Royalties | $0 |
Occupancy | $34,201 |
Travel | $534 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $45,729 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,114 |
Insurance | $4,414 |
All other expenses | $2,356 |
Total functional expenses | $1,331,232 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $125,761 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,090 |
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 | $49,579 |
Investments—publicly traded securities | $1,948,033 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,194 |
Total assets | $2,140,657 |
Accounts payable and accrued expenses | $27,540 |
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 | $0 |
Total liabilities | $27,540 |
Net assets without donor restrictions | $2,088,117 |
Net assets with donor restrictions | $25,000 |
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 | $2,140,657 |
Over the last fiscal year, we have identified 2 grants that World Federation Of Youth Clubs Inc has recieved totaling $30,000.
Awarding Organization | Amount |
---|---|
Warmenhoven Family Foundation Cleveland, OH PURPOSE: GENERAL | $20,000 |
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: GENERAL PURPOSES | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Florida Sheriffs Youth Ranches Inc Boys Ranch, FL | $84,342,372 | $25,037,131 |
Epic-Cure Inc St Augustine, FL | $312,618 | $8,316,447 |
Gulf Coast Childrens Advocacy Panama City, FL | $5,514,072 | $7,744,827 |
Gang Alternative Inc Miami, FL | $2,177,395 | $7,044,505 |
Big Brothers And Big Sisters Of Greater Miami Miami, FL | $13,886,069 | $6,863,222 |
Pga Tour Charities Inc Ponte Vedra Beach, FL | $3,965,513 | $4,568,205 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |
Project Lift Inc Palm City, FL | $4,577,307 | $5,295,911 |
Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |
National Association Of School Resource Officers Inc Hoover, AL | $2,764,517 | $2,530,653 |
Chi Chi Rodriguez Youth Foundation Clearwater, FL | $6,554,423 | $3,026,645 |
Camp Kudzu Inc Atlanta, GA | $2,213,204 | $2,347,555 |