Youth Development Organization Inc
- Assets
- $407.8k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 19
- Location
- Lawrence, MA
- Founding
- 06/2003
- Data as of
- 08/2021
- EIN
- 04-3571721
Organization Overview
Youth Development Organization Inc is located in Lawrence, MA. The organization was established in 2003. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 08/2021, Youth Development Organization Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Development Organization 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 08/2021, Youth Development Organization Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $915.1k during the year ending 08/2021. While expenses have increased by 11.3% 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
TO GROW A COMMUNITY OF SELF-MOTIVATED STUDENTS IN LAWRENCE, MA BY OFFERING HIGH-QUALITY EDUCATIONAL ACTIVITIES, DEVELOPING SUPPORTIVE LONG-TERM RELATIONSHIPS, AND PROVIDING PERSONALIZED OPPORTUNITIES FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YDO'S MISSION IS TO GROW A VIBRANT COMMUNITY OF SELF-MOTIVATED LEARNERS AND LEADERS BY: 1- OFFERING HIGH-QUALITY EDUCATIONAL ACTIVITIES, 2- DEVELOPING SUPPORTIVE LONG-TERM RELATIONSHIPS, AND 3- PROVIDING PERSONALIZED OPPORTUNITIES FOR SUCCESS. OVER 300 YDO STUDENTS, THROUGH OUR PROGRAMS & COLLABORATIONS, ARE ABLE TO PARTICIPATE IN OUT-OF-SCHOOL ENRICHMENT SPANNING STEM DISCIPLINES, THE PERFORMING & FINE ARTS, AND LEADERSHIP DEVELOPMENT.
YDO'S MISSION IS TO GROW A VIBRANT COMMUNITY OF SELF-MOTIVATED LEARNERS AND LEADERS BY: 1- OFFERING HIGH-QUALITY EDUCATIONAL ACTIVITIES, 2- DEVELOPING SUPPORTIVE LONG-TERM RELATIONSHIPS, AND 3- PROVIDING PERSONALIZED OPPORTUNITIES FOR SUCCESS. OVER 300 YDO STUDENTS, THROUGH OUR PROGRAMS & COLLABORATIONS, ARE ABLE TO PARTICIPATE IN OUT-OF-SCHOOL ENRICHMENT SPANNING STEM DISCIPLINES, THE PERFORMING & FINE ARTS, AND LEADERSHIP DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Kampert Executive Di | Officer | 40 | $104,228 |
Mark Gosselin Treasurer | Officer | 2 | $0 |
Cathy Lopez President | Officer | 2 | $0 |
Leonard D'avolio Director | Trustee | 2 | $0 |
Richard Purinton Director | Trustee | 2 | $0 |
Anita Worden Clerk | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $299,886 |
| All other contributions, gifts, grants, and similar amounts not included above | $869,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,169,178 |
| Total Program Service Revenue | $0 |
| Investment income | $562 |
| 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 | $1,170,374 |
| 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. | $105,990 |
| Compensation of current officers, directors, key employees. | $31,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $470,085 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,592 |
| Payroll taxes | $61,205 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,200 |
| Advertising and promotion | $2,464 |
| Office expenses | $10,076 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $93,978 |
| Travel | $4,878 |
| 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 | $18,511 |
| Insurance | $25,387 |
| All other expenses | $22,199 |
| Total functional expenses | $915,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,046 |
| Savings and temporary cash investments | $203,452 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $46,335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $407,833 |
| Accounts payable and accrued expenses | $10,143 |
| 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 | $10,143 |
| Net assets without donor restrictions | $339,277 |
| Net assets with donor restrictions | $58,413 |
| 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 | $407,833 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Youth Development Organization Inc has recieved totaling $852,647.
| Awarding Organization | Amount |
|---|---|
Leona M & Harry B Helmsley Charitable Trust New York, NY PURPOSE: CAPACITY BUILDING PROJECT SUPPORT 2022 | $200,000 |
Leona M & Harry B Helmsley Charitable Trust New York, NY PURPOSE: CAPACITY BUILDING PROJECT SUPPORT 2022 | $200,000 |
Amelia Peabody Foundation Wellesley, MA PURPOSE: YDO: ACADEMIC ENRICHMENT & LEADERSHIP DEVELOPMENT FOR LAWRENCE YOUTH | $125,000 |
Wellington Management Foundation Boston, MA PURPOSE: See Part IV | $65,000 |
Oneworld Boston Inc Woburn, MA PURPOSE: EDUCATIONAL PROGRAMMING | $52,000 |
Essex County Community Foundation Incorporated Danvers, MA | | $42,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |