Ypo Inc
- Assets
- $1.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 03/1989
- Data as of
- 06/2022
- EIN
- 27-3229595
Organization Overview
Ypo Inc is located in New York, NY. The organization was established in 1989. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ypo Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Ypo Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 13.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER SUCCESSFUL BUSINESS LEADERS THROUGH ESTABLISHMENT OF A NETWORK OF VARIOUS BUSINESSES, CORPORATIONS AND PARTNERSHIPS; TO PROMOTE, FOSTER & ADVANCE THE COMMON INTERESTS & GOALS OF ALL BUSINESSES; TO ENCOURAGE, INCREASE & FURTHER SUCH INTERESTS BY PROVIDING OPPORTUNITIES FOR BUSINESS LEADS & CONTACTS; TO CEMENT & SOLIDIFY FRIENDLY RELATIONS, GOOD FELLOWSHIP, COOPERATION & A SPIRIT OF GOODWILL AMOUNG THOSE PERSONS ENGAGED IN BUSINESS ACTIVITIES OF ALL KINDS; TO MAINTAIN, DEVELOP, IMPROVE & ENHANCE THE STANDARDS, PRACTICES & ETHICS OF THOSE ENGAGED IN BUSINESS; TO AID, ASSIST, COOPERATE & OTHERWISE ENGAGE IN CONCERTED ACTION WITH PRIVATE & GOVERNMENTAL AGENCIES, ORGANIZATIONS & INSTITUTIONS ON ALL ISSUES AND MATTERS AFFECTING BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULAR NETWORKING AND EDUCATIONAL EVENTS AND ACTIVTIES FOR PROFESSIONAL LEADERS.
REGULAR NETWORKING AND EDUCATIONAL EVENTS AND ACTIVITIES FOR PROFESSIONAL LEADERS' YOUNG ADULT CHILDREN FOR THE NEXT GENERATION OF WORLD AND BUSINESS LEADERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Chin Executive Director | Trustee | 40 | $153,000 |
Keith Lippert Chapter Chair | Trustee | 3.5 | $0 |
Jonathan Shultz Vice Chair | Trustee | 3.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,000 |
| Total Program Service Revenue | $1,008,987 |
| Investment income | $3,947 |
| 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 | $1,038,934 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,150 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| 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 | $83,391 |
| Information technology | $0 |
| 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 | $76,315 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $78,116 |
| Total functional expenses | $1,119,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,622 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,000 |
| 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 | $0 |
| Investments—publicly traded securities | $644,040 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,315 |
| Total assets | $1,018,977 |
| Accounts payable and accrued expenses | $16,775 |
| Grants payable | $0 |
| Deferred revenue | $527,095 |
| 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 | $543,870 |
| Net assets without donor restrictions | $475,107 |
| 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 | $1,018,977 |