Youth Service Managers Inc
- Assets
- $5.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 93
- Location
- Boxford, MA
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 04-3121678
Organization Overview
Youth Service Managers Inc is located in Boxford, MA. The organization was established in 1992. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 12/2021, Youth Service Managers Inc employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Service Managers 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 12/2021, Youth Service Managers Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 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
TO OPERATE AND MAINTAIN A SUMMER CAMP FOR UNDERPRIVILEGED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE AND MAINTAIN A SUMMER CAMP FOR UNDERPRIVILEGED CHILDREN BETWEEN THE AGES OF 7 AND 17. THE CAMP WAS RESTRICTED FROM OPENING DURING THE SUMMER OF 2020 DUE TO COVID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Coulon Vice Preside | OfficerTrustee | 1 | $0 |
Janelle Favaloro Clerk | OfficerTrustee | 1 | $0 |
Brian Magrane President | OfficerTrustee | 1 | $0 |
Douglas Mauch Treasurer | OfficerTrustee | 1 | $0 |
Patricia Capano Director | Trustee | 1 | $0 |
Nadine Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $133,149 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,956 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,105 |
| Total Program Service Revenue | $1,319,307 |
| Investment income | $3,527 |
| 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 | $1,464,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600 |
| Grants and other assistance to domestic individuals. | $30,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $488,083 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $42,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,161 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1 |
| Travel | $2,688 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $103,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $289,835 |
| Insurance | $37,447 |
| All other expenses | $112,428 |
| Total functional expenses | $1,429,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $761,498 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $14,338 |
| Net Land, buildings, and equipment | $4,351,874 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,127,710 |
| Accounts payable and accrued expenses | $4,750 |
| Grants payable | $0 |
| Deferred revenue | $230,367 |
| 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 | $2,657,623 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,892,740 |
| Net assets without donor restrictions | $2,234,970 |
| 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 | $5,127,710 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Youth Service Managers Inc has recieved totaling $44,100.
| Awarding Organization | Amount |
|---|---|
Health Resources In Action Inc Boston, MA PURPOSE: FY21 EOE SUMMER CAMP GRANT | $44,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Network For Teaching Entrepreneurship New York, NY | $9,589,884 | $12,214,690 |
Reel Stories Teen Filmmaking Inc Brooklyn, NY | $1,349,194 | $2,572,031 |
Youth Service Managers Inc Boxford, MA | $5,127,710 | $1,464,939 |
Young Entrepreneurs Academy Inc Pittsford, NY | $192,804 | $326,928 |
Junior Achievement Of Western Massachusetts Springfield, MA | $260,866 | $404,989 |
Partners For Education And Business Inc Syracuse, NY | $12,469 | $270,994 |
Nykbi Inc New York, NY | $57,865 | $227,712 |
Launch Gurls Somerville, MA | $55,231 | $245,609 |
Harvard Yearbook Publications Fund Tr Cambridge, MA | $0 | $152,575 |
Youth Business Initiative Norwalk, CT | $37,948 | $0 |
Himalayan Education Foundation Inc Peterborough, NH | $65,731 | $0 |
Core Vision Foundation Inc Jackson Heights, NY | $19,300 | $0 |