Youth Opportunities Unlimited The Hale Building
- Assets
- $8.0m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 1,306
- Location
- Cleveland, OH
- Founding
- 02/1983
- Data as of
- 03/2022
- EIN
- 34-1381135
Organization Overview
Youth Opportunities Unlimited The Hale Building is located in Cleveland, OH. The organization was established in 1983. 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 03/2022, Youth Opportunities Unlimited The Hale Building employed 1,306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Opportunities Unlimited The Hale Building 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 03/2022, Youth Opportunities Unlimited The Hale Building generated $12.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $12.0m during the year ending 03/2022. While expenses have increased by 4.6% 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 PREPARE TEENS AND YOUNG ADULTS TO BECOME ECONOMICALLY (CONTINUED ON SCHEDULE O) SELF-SUFFICIENT CONTRIBUTORS TO BUILDING NORTHEAST OHIO'S EDUCATED, SKILLED, AND INCLUSIVE WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
Y.O.U. PROVIDES THE LARGEST ARRAY OF EMPLOYMENT PROGRAMS FOR TEENS AND YOUNG ADULTS IN CUYAHOGA COUNTY. Y.O.U. HELPS YOUTH SUCCEED BY PROVIDING EDUCATIONAL AND WORKFORCE OPPORTUNITIES, SKILLS DEVELOPMENT, AND ACCESS TO CAREER PATHWAYS. Y.O.U. HAS TWO MAIN AREAS OF FOCUS: (1) COMMUNITY-BASED EMPLOYMENT INITIATIVES THAT WORK WITH EMPLOYERS AND INDUSTRY SECTORS TO CREATE SUMMER AND YEAR-ROUND WORK OPPORTUNITIES, AND TRAINING THAT LEADS TO CERTIFICATION, AS WELL AS JOBS, INTERNSHIPS, AND OTHER WORKPLACE EXPERIENCES FOR AGES 14-24 WHO COME FROM FAMILIES THAT LIVE IN ECONOMICALLY DISTRESSED COMMUNITIES. Y.O.U. OPERATES A COMMUNITY-WIDE SUMMER JOBS PROGRAM WITH FUNDING FROM VARIOUS ENTITIES, INCLUDING GOVERNMENT, IN WHICH Y.O.U. IS THE EMPLOYER OF RECORD, PROVIDING RECRUITMENT, WAGES, OVERSIGHT, (CONTINUED ON SCHEDULE O) AND FOLLOW-UP SERVICES TO TEENS AND YOUNG ADULTS WHO WORK IN A WIDE RANGE OF WORK SETTINGS. (2) Y.O.U. ALSO PROVIDES SCHOOL-BASED YOUTH WORKFORCE DEVELOPMENT PROGRAMS THAT MOTIVATE TEENS TO SUCCEED IN SCHOOL SO THEY GRADUATE ON TIME AND ARE PREPARED TO CONTINUE ON FOR CAREER-CERTIFICATION, EMPLOYMENT, POST-SECONDARY EDUCATION, OR THE MILITARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Dorn President/ceo | Officer | 37.5 | $153,009 |
Pamela Macer Chief Program Officer | 37.5 | $135,703 | |
Melissa Toms VP Development & Communica | 37.5 | $106,510 | |
Bonnie Huston Controller | Officer | 37.5 | $12,769 |
Jeremy Sosin Secretary & Governance Cha | OfficerTrustee | 1 | $0 |
Amanda L Petrak V-Chair & Fund Dev & Mktg | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Focus Cfo Group Llc Accounting Services | 3/30/22 | $186,096 |
Asg Legal Staffing Agency | 3/30/22 | $124,492 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $85,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,539,409 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,096,849 |
| Noncash contributions included in lines 1a–1f | $20,442 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,721,258 |
| Total Program Service Revenue | $0 |
| Investment income | $185,490 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$185,192 |
| Net Income from Fundraising Events | $191,366 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,914,615 |
| 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. | $236,651 |
| Compensation of current officers, directors, key employees. | $43,716 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,772,648 |
| Pension plan accruals and contributions | $135,820 |
| Other employee benefits | $524,856 |
| Payroll taxes | $626,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,738 |
| Fees for services: Accounting | $238,785 |
| Fees for services: Lobbying | $62,500 |
| Fees for services: Fundraising | $136,666 |
| Fees for services: Investment Management | $32,479 |
| Fees for services: Other | $129,904 |
| Advertising and promotion | $153,544 |
| Office expenses | $144,677 |
| Information technology | $160,636 |
| Royalties | $0 |
| Occupancy | $203,238 |
| Travel | $82,090 |
| 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 | $21,864 |
| Insurance | $19,263 |
| All other expenses | $67,357 |
| Total functional expenses | $12,042,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,883,220 |
| Savings and temporary cash investments | $153,842 |
| Pledges and grants receivable | $1,803,501 |
| Accounts receivable, net | $97,380 |
| 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 | $139,162 |
| Net Land, buildings, and equipment | $79,074 |
| Investments—publicly traded securities | $3,875,981 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,032,160 |
| Accounts payable and accrued expenses | $665,974 |
| Grants payable | $0 |
| Deferred revenue | $111,306 |
| 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 | $237,500 |
| Total liabilities | $1,014,780 |
| Net assets without donor restrictions | $5,631,542 |
| Net assets with donor restrictions | $1,385,838 |
| 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 | $8,032,160 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Youth Opportunities Unlimited The Hale Building has recieved totaling $36,000.
| Awarding Organization | Amount |
|---|---|
Healthy Lakewood Foundation Lakewood, OH PURPOSE: YOUTH EMPLOY PROGRAM | $25,000 |
William M Weiss Foundation Russell Twp, OH PURPOSE: CHARITABLE | $6,000 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $5,000 |
Endowment Analysis
| Beg. Balance | $297,428 |
| Earnings | $12,078 |
| Other Expense | -$13,623 |
| Ending Balance | $295,883 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Opportunities Unlimited The Hale Building Cleveland, OH | $8,032,160 | $12,914,615 |
Tamid Israel Investment Group Ltd Grand Rapids, MI | $1,648,528 | $3,123,677 |
Foundation For Free Enterprise Education Erie, PA | $5,614,586 | $1,865,641 |
Interalliance Of Greater Cincinnati Cincinnati, OH | $209,405 | $889,890 |
Columbus Fashion Initiative Columbus, OH | $260,125 | $700,402 |
Forge Leadership Network Dayton, OH | $160,330 | $662,968 |
Junior Achievement Of North Central Michigan Inc Midland, MI | $706,387 | $369,801 |
Omicelo Cares Pittsburgh, PA | $951,389 | $343,389 |
Bowling Green Area Chamberfoundation Inc Bowling Green, KY | $519,224 | $199,162 |
Project Transformation Indiana Indianapolis, IN | $70,000 | $174,675 |
Ohio Business Week Foundation Columbus, OH | $52,839 | $0 |
Institute For The Economic Development Of Children Philadelphia, PA | $6,866 | $0 |