Youth For A Better World Inc
- Assets
- $4.2m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2013
- Data as of
- 12/2022
- EIN
- 26-4193667
Organization Overview
Youth For A Better World Inc is located in New York, NY. The organization was established in 2013. According to its NTEE Classification (Q42) the organization is classified as: United Nations Associations, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth For A Better World 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 12/2022, Youth For A Better World Inc generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 5 years. 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
PROMOTE EDUCATION OF TEACHERS AND STUDENTS UTILIZING PEACE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE THE TEACHERS AND STUDENTS ON A PEACEFUL CURRICULUM UTILIZING THE EDUCATIONAL WORKSHOPS TEACHER TRAINING IN PHILIPPINES AND KENYA RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Jacobson Officer | Officer | 10 | $0 |
Judith Cunningham Officer | Officer | 10 | $0 |
Mario Gauldi Officer | Officer | 10 | $0 |
Raphael Forestieri Officer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,574 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,074 |
| Total Program Service Revenue | $3,016,998 |
| 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 | $3,125,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,792 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $581,652 |
| Fees for services: Legal | $6,001 |
| Fees for services: Accounting | $23,518 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $218,633 |
| Advertising and promotion | $2,506 |
| Office expenses | $11,899 |
| Information technology | $31,996 |
| Royalties | $0 |
| Occupancy | $21,230 |
| Travel | $43,600 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $875,404 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,597 |
| Insurance | $4,590 |
| All other expenses | $10,348 |
| Total functional expenses | $1,910,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,950,368 |
| 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 | $0 |
| Net Land, buildings, and equipment | $270,881 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,221,249 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,358,698 |
| Other liabilities | $0 |
| Total liabilities | $1,358,698 |
| Net assets without donor restrictions | $0 |
| 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 | -$16,302 |
| Total liabilities and net assets/fund balances | $4,221,249 |
Grants Awarded
Over the last fiscal year, Youth For A Better World Inc has awarded $98,418 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JUDITH CUNNINGHAM EDUCATIONAL FUND | | | $53,000 |
SDG IMPACT AWARDS | | | $45,418 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth For A Better World Inc New York, NY | $4,221,249 | $3,125,584 |
Soka Gakkai International Office For Un Affairs Corporation New York, NY | $927,256 | $1,500,113 |
World Federation Of United Nations Associations New York, NY | $219,882 | $1,232,525 |
Millennium World Peace Summit Inc New York, NY | $1,210,826 | $3,249,326 |
United Nations Association Of Great Er Boston Inc Boston, MA | $559,599 | $487,997 |
Yale International Relations Inc New Haven, CT | $177,142 | $468,664 |
Hospitality Committee For United Nations Delegations Inc New York, NY | $606,587 | $189,457 |
Us National Committee For Un Women Brooklyn, NY | $5,019 | $0 |
United Nations Association Of Rochester Rochester, NY | $48,382 | $0 |
Ngodpi Executive Committee Affiliated With United Nations New York, NY | $32,725 | $21,019 |
Cathay Eternal Life Charity Foundation Corp Flushing, NY | $2,356 | $0 |