Friends For Youth Inc
- Assets
- $1.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 17
- Location
- Palo Alto, CA
- Founding
- 09/1985
- Data as of
- 12/2023
- EIN
- 94-2961034
Organization Overview
Friends For Youth Inc is located in Palo Alto, CA. The organization was established in 1985. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Friends For Youth Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends For Youth 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 12/2023, Friends For Youth Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 9.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MENTORING OPPORTUNITIES FOR DISENFRANCHISED (OR OTHER) YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORING SERVICES PROGRAM PROVIDES ONE-TO-ONE COMMUNITY-BASE MENTORING SERVICES, AS WELL AS WELL AS SCHOOL-BASED GROUP MENTORING SERVICES TO DISADVANTAGED YOUTH MOST AT-RISK OF ACADEMIC AND LIFE-SKILLS FAILURE. YOUTH ARE REFERRED BY SCHOOLS, JUVENILE PROBATION/LAW ENFORCEMENT, COUNTY MENTAL HEALTH SERVICES AND OTHER YOUTH-SERVING PROFESSIONALS. MENTORS ARE ADULT VOLUNTEERS. THE MENTORING PROGRAM OFFERS ONGOING GUIDANCE, SUPPORTED BY GROUP ACTIVITIES, WORKSHOPS, RESOURCES, AND NEW OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandeep Ashok Board Chair | Trustee | 15 | $0 |
Mark Johnson Board Vice-Chair | Trustee | 5 | $0 |
Ruth Murray Treasurer | Trustee | 5 | $0 |
Connie Maurer Board Secretary | Trustee | 10 | $0 |
Ali Ameer Member | Trustee | 5 | $0 |
Michael Fiifi Deku Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $113,853 |
| All other contributions, gifts, grants, and similar amounts not included above | $955,184 |
| Noncash contributions included in lines 1a–1f | $9,275 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,069,037 |
| Total Program Service Revenue | $0 |
| Investment income | $18,048 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$894 |
| Net Income from Fundraising Events | $78,437 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,164,628 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,080 |
| Compensation of current officers, directors, key employees. | $18,816 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $527,131 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,037 |
| Payroll taxes | $47,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,991 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,508 |
| Advertising and promotion | $0 |
| Office expenses | $11,022 |
| Information technology | $4,783 |
| Royalties | $0 |
| Occupancy | $27,137 |
| Travel | $10,027 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,897 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,930 |
| Insurance | $24,174 |
| All other expenses | $71,325 |
| Total functional expenses | $1,199,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $404,435 |
| Savings and temporary cash investments | $200,000 |
| Pledges and grants receivable | $0 |
| 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 | $3,690 |
| Prepaid expenses and deferred charges | $8,435 |
| Net Land, buildings, and equipment | $30,037 |
| Investments—publicly traded securities | $360,477 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,007,074 |
| Accounts payable and accrued expenses | $32,910 |
| 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 | $32,910 |
| Net assets without donor restrictions | $974,164 |
| Net assets with donor restrictions | $0 |
| 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 | $1,007,074 |