Youth Investors Corp
- Assets
- $3.1k
- Revenue
- $3.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Sunset Beach, CA
- Founding
- 08/2019
- Data as of
- 06/2022
- EIN
- 84-2573994
Organization Overview
Youth Investors Corp is located in Sunset Beach, CA. The organization was established in 2019. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Investors Corp 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 06/2022, Youth Investors Corp generated $3.5k in total revenue.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
2022 YOUTH INVESTORS CORP SUMMER PROGRAM: IN THE SUMMER OF 2022 YOUTH INVESTORS CORP'S ANNUAL PROGRAM WORKED WITH OVER 10 PLUS COMMUNITY PARTNERS INCLUDING BOYS GIRLS CLUBS PUBLIC LIBRARIES AND LOCAL GOVERNMENT AGENCIES TO PROVIDE FREE 5 WEEK FINANCIAL LITERACY PROGRAMS TO 250 PLUS YOUTH. WITH FIVE VOLUNTEER INSTRUCTORS OUR IN PERSON PROGRAMS TOOK PLACE IN TEN CITIES THROUGHOUT ORANGE COUNTY LOS ANGELES COUNTY AND SANTA BARBARA COUNTY VOLUNTEER TIME VALUED AT OVER $10,000. THREE $500 GRANTS WERE PROVIDED TO EACH COUNTY'S WINNING STUDENTS OF EACH COUNTY $1,500 WHICH WERE WITHDRAWN IN THE 2022 FISCAL YEAR. THE PROGRAM RECEIVED SUPPORT FROM BUSINESSES IN THE FORM OF EDUCATIONAL SOFTWARE $2500 IN KIND MATERIAL DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dylan Jin Ngo Executive Director | 30 | $0 | |
Kelly Jin Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,040 |
| Total operating and administrative expenses | $1,040 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,097 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,097 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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|---|---|---|
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The Realreal Foundation San Francisco, CA | $2,995,705 | $1,897 |
Five Buckets Four Shovels Foundation San Francisco, CA | $195,617 | $0 |
Orange County Education And Research Institute Irvine, CA | $172,025 | $0 |
Close The Gap Foundation Sunnyvale, CA | $75,708 | $0 |
Nick Cannon Foundation Inc Beverly Hills, CA | $3,623 | $0 |