Youth Opportunity Center Foundation Inc
- Assets
- $4.4m
- Revenue
- $2.8m
- Investments
- $336.6k
- Employees
- 0
- Location
- Muncie, IN
- Founding
- 09/2009
- Data as of
- 06/2022
- EIN
- 26-1837897
Organization Overview
Youth Opportunity Center Foundation Inc is located in Muncie, IN. The organization was established in 2009. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Opportunity Center Foundation 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 06/2022, Youth Opportunity Center Foundation Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $911.4k during the year ending 06/2022. While expenses have increased by 0.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL SUPPORT FOR THE YOUTH OPPORTUNITY CENTER, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT OF THE YOUTH OPPORTUNITY CENTER, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Green Chair | OfficerTrustee | 1 | $0 |
Kevin Mandrell Vice Chair | OfficerTrustee | 1 | $0 |
Rashmi Mehta Secretary | OfficerTrustee | 1 | $0 |
Jon Vanator Treasurer | OfficerTrustee | 1 | $0 |
Laura Retter Executive Director | Officer | 40 | $0 |
Greg Lane Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,118 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,482,233 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,508,351 |
| Total Program Service Revenue | $0 |
| Investment income | $20,662 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $291,887 |
| Net Income from Fundraising Events | $5,448 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,826,348 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $748,600 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $86,571 |
| Other salaries and wages | $7,429 |
| Pension plan accruals and contributions | $545 |
| Other employee benefits | $28,539 |
| Payroll taxes | $6,971 |
| 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 | $15,467 |
| Fees for services: Other | $585 |
| Advertising and promotion | $339 |
| Office expenses | $1,727 |
| Information technology | $8,216 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $154 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,272 |
| Total functional expenses | $911,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $396,090 |
| Savings and temporary cash investments | $3,076,943 |
| Pledges and grants receivable | $14,939 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $60,014 |
| Investments—other securities | $336,614 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,384,600 |
| Accounts payable and accrued expenses | $14,323 |
| 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 | $14,323 |
| Net assets without donor restrictions | -$1,312,538 |
| Net assets with donor restrictions | $5,682,815 |
| 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 | $4,384,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Youth Opportunity Center Foundation Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Ray Family Foundation Inc Louisville, KY PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $4,000 |
Endowment Analysis
| Beg. Balance | $2,394,318 |
| Earnings | -$264,039 |
| Net Contributions | $10,000 |
| Other Expense | $167,360 |
| Ending Balance | $1,972,920 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Senior Ministries Inc St Louis, MO | $12,712,163 | $13,139,984 |
Indiana Masonic Home Foundation Incorporated Indianapolis, IN | $99,812,829 | $12,316,628 |
Friends Of Flance Center St Louis, MO | $0 | $160,628 |
Catholic Charities Foundation St Louis, MO | $17,905,767 | $7,836,283 |
Lutheran Senior Services Endowment Fund St Louis, MO | $77,808,847 | $9,810,393 |
Jewish Home And Care Center Foundation Inc Milwaukee, WI | $195,682,199 | $22,064,054 |
Enterprise Zone Education And Training Center Corporation Evansville, IN | $4,249,617 | $5,412,109 |
Cradle Foundation Evanston, IL | $14,544,905 | $2,396,350 |
Damar Foundation Inc Indianapolis, IN | $59,448,355 | $4,890,477 |
Foundation For Lutheran Child And Family Services Indiana Inc Indianapolis, IN | $66,891,631 | $17,990,670 |
Alliance Against Assault And Abuse Kansas City, MO | $0 | $0 |
Family Shelter Service Inc Wheaton, IL | $0 | $2,336,670 |