Youth Mentoring Connection
- Assets
- $545.2k
- Revenue
- $930.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Los Angeles, CA
- Founding
- 08/2001
- Data as of
- 06/2021
- EIN
- 95-4845105
Organization Overview
Youth Mentoring Connection is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Youth Mentoring Connection employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Mentoring Connection 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, Youth Mentoring Connection generated $930.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $803.2k during the year ending 06/2021. While expenses have increased by 0.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF YOUTH MENTORING CONNECTION IS TO TRANSFORM THE LIVES OF AT-RISK YOUTH BY CARING FOR THEIR WOUNDS AND SHINING A LIGHT ON THEIR GIFTS THROUGH AN ONGOING MENTORING COMMUNITY, CREATIVE EXPRESSION, AND LIFE-CHANGING EXPERIENCES; THUS INSPIRING THEM TO BECOME THRIVING ADULTS. OUR VISION IS OF A COMMUNITY THAT BRINGS VITAL CONNECTION, LOVE, AND HEALING INTO THE LIVES OF AT-RISK YOUTH.OUR VISION IS OF A COMMUNITY WHERE YOUNG PEOPLE ARE TRULY SEEN AND NOT JUST WATCHED, WHERE SOCIETY UNDERSTANDS AND ACCEPTS ITS RESPONSIBILITY IN MEETING THE NEEDS OF ALL YOUNG PEOPLE, AND WHERE YOUNG PEOPLE BRING THEIR GIFTS BACK INTO THEIR COMMUNITIES AS PRODUCTIVE MEMBERS OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE YEAR ENDED JUNE 30, 2021, YMC FACILITATED MENTORING PROGRAMS IN PARTNERSHIP WITH CORPORATE WORKSITES, SCHOOLS, MUNICIPALITIES, AND COMMUNITY AGENCIES THROUGHOUT LOS ANGELES. OVER 350 VULNERABLE YOUTH WERE PROVIDED WITH A VARIETY OF MENTORING ACTIVITIES INVOLVING CARING ADULTS WHO EMPOWERED HEM WITH LONG-TERM, CONSISTENT, SUPPORT TO GUIDE THEM TOWARD DEVELOPING POSITIVE CHARACTER, GOOD DECISION-MAKING SKILLS AND ENHANCED SELF-ESTEEM. PROGRAM PARTNERSHIPS INCLUDED HBO, WARNER BROS., VIACOM NETWORKS, WARNER MUSIC GROUP, AND OTHERS. COMMUNITY PARTNERSHIPS AND YOUTH RECRUITMENT INCLUDED JEFFERSON HIGH SCHOOL, SANTEE HIGH SCHOOL, EARLY COLLEGE ACADEMY AT TRADE TECH, HELEN BERNSTEIN HIGH SCHOOL AND OTHERS. YOUTH WERE ENGAGED IN FORMAL ACTIVITIES SUCH AS YMC'S URBAN OASIS FILM ACADEMY, STOKED CITY SURFING CLUB, STREET POETS WORKSHOPS, AND MORE. MUCH OF OUR PROGRAMMING WAS DONE VIRTUALLY DUE TO THE COVID PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Lore Director/ceo/founder | OfficerTrustee | 40 | $103,842 |
Jeffrey A Teich Treasurer | OfficerTrustee | 1 | $0 |
George Shohet Chair | OfficerTrustee | 1 | $0 |
Erin L Hiley Secretary | OfficerTrustee | 1 | $0 |
Michael Williams Director | Trustee | 1 | $0 |
Dr Erica Jacquez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $476,292 |
| All other contributions, gifts, grants, and similar amounts not included above | $409,039 |
| Noncash contributions included in lines 1a–1f | $1,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $885,331 |
| Total Program Service Revenue | $45,225 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $930,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,238 |
| Compensation of current officers, directors, key employees. | $16,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,721 |
| Pension plan accruals and contributions | $10,127 |
| Other employee benefits | $42,060 |
| Payroll taxes | $31,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,877 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $21,853 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,275 |
| Advertising and promotion | $0 |
| Office expenses | $18,937 |
| Information technology | $13,823 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $6,584 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,186 |
| Insurance | $20,411 |
| All other expenses | $0 |
| Total functional expenses | $803,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,002 |
| Savings and temporary cash investments | $2,252 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $10,450 |
| 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 | $8,700 |
| Net Land, buildings, and equipment | $50,340 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,500 |
| Total assets | $545,244 |
| Accounts payable and accrued expenses | $22,252 |
| 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 | $149,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $87,133 |
| Total liabilities | $259,285 |
| Net assets without donor restrictions | $151,444 |
| Net assets with donor restrictions | $134,515 |
| 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 | $545,244 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Youth Mentoring Connection has recieved totaling $139,625.
| Awarding Organization | Amount |
|---|---|
The L B Research And Education Foundation Asheville, NC PURPOSE: GENERAL SUPPORT | $75,000 |
Laureus Sport For Good Foundation Of America New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,313 |
Katie & Thomas Haynes Memorial Educational Fund Huntington Beach, CA PURPOSE: ASSIST YOUTH | $10,000 |
La84 Foundation Los Angeles, CA PURPOSE: YOUTH SPORTS | $10,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: YMC GENERAL PROGRAM SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |