Louisville Youth Philanthropy Council Inc
- Assets
- $175.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prospect, KY
- Founding
- Data as of
- 06/2023
- EIN
- 87-2576565
Organization Overview
Louisville Youth Philanthropy Council Inc is located in Prospect, KY. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, 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. Louisville Youth Philanthropy Council 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, Louisville Youth Philanthropy Council Inc generated $141.4k 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 (12.4%) each year. All expenses for the organization totaled $150.9k during the year ending 06/2023. 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
LYPC PROVIDES A DIVERSE TEAM OF UP TO 45 HIGH SCHOOL STUDENTS FROM PUBLIC, PRIVATE AND PAROCHIAL SCHOOLS IN JEFFERSON COUNTY AND ITS CONTIGUOUS COUNTIES, WITH AN EXPERIENTIAL ENVIORNMENT WHERE THEY LEARN ABOUT THE NONPROFIT SECTOR AS THEY MAKE $5,000 GRANTS TO NONPROFIT ORGANIZATIONS THAT FULFILL THE MISSIONS THAT THEY CREATE DURING A 16-WEEK PROGRAM ON SATURDAYS DURING THE SCHOOL YEAR (AUGUST - MARCH).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Arnold Board Member | 0.5 | $0 | |
Nicole Diebold Board Member | 0.5 | $0 | |
Christine Kelly Board Member | 0.5 | $0 | |
Minhal Nazeer Board Member | 0.5 | $0 | |
Michael Pitt Board Member | 0.5 | $0 | |
Paul Robinson Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,306 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $96 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,402 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,885 |
| Professional fees and other payments to independent contractors | $4,861 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,109 |
| Other expenses | $38,034 |
| Total expenses | $150,889 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,286 |
| Other assets | $0 |
| Total assets | $175,286 |
| Total liabilities | $773 |
| Net assets or fund balances | $174,513 |