Teens Of Tomorrow Inc
- Assets
- $11.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Council Bluffs, IA
- Founding
- 04/2007
- Data as of
- 12/2016
- EIN
- 86-1121249
Organization Overview
Teens Of Tomorrow Inc is located in Council Bluffs, IA. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teens Of Tomorrow 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 12/2016, Teens Of Tomorrow Inc generated $35.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $39.2k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE INNER CITY TEENAGERS AN ALTERNATIVE TO GANG MEMBERSHIP, DRUG AND ALCOHOL ABUSE, AND ABUSIVE FAMILY SITUATIONS. TEENS OF TOMORROW IS A PROGRAM THAT ALLOWS TEENS AN OPPORTUNITY TO LEARN THE PROCESS OF BUSINESS, SALESMANSHIP, AND WORK ETHIC. THE PROGRAM IS DESIGNED TO HELP TEENS LEARN DEPENDABILITY, ACCEPT RESPONSIBILITY, AND DEVELOP MARKETABLE JOB SKILLS. THE ORGANIZATION WILL ACHIEVE ITS SPECIFIC PURPOSE BY PROVIDING SUPERVISED INSTRUCTION IN MARKETING, SALES, AND OTHER BUSINESS TECHNIQUES. THE PARTICIPANTS WILL THEN PROCEED TO SELL A PRODUCT (USUALLY PREMANUFACTURED AND PACKAGED FOOD ITEMS) DOOR TO DOOR AND RECEIVE COMPENSATION FROM THE ORGANIZATION FOR THEIR EFFORTS. THE TEEN WILL NOT BE PERMITTED TO ACCEPT DONATIONS CONNECTED WITH THEIR SALES, BUT RATHER TO DEVELOP THE WORK ETHIC OF SELF-ACHIEVEMENT AND COMPENSATION BY AN ORGANIZATION MUCH LIKE A FUTURE PROSPECTIVE EMPLOYER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Quenton Pfitzer President | 40 | $20,000 | |
Tamara Pfitzer Director | 3 | $0 | |
Mike Mccombs Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,000 |
| Professional fees and other payments to independent contractors | $1,319 |
| Occupancy, rent, utilities, and maintenance | $821 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,063 |
| Total expenses | $39,203 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,039 |
| Other assets | $0 |
| Total assets | $11,531 |
| Total liabilities | $2,345 |
| Net assets or fund balances | $9,186 |