Youth Leadership Academy
- Assets
- $4.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Elgin, IL
- Founding
- 02/2000
- Data as of
- 06/2023
- EIN
- 36-4314065
Organization Overview
Youth Leadership Academy is located in Elgin, IL. The organization was established in 2000. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Youth Leadership Academy employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Leadership Academy 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 06/2023, Youth Leadership Academy generated $49.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $70.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ACADEMIC AND RECREATIONAL ACTIVITIES THAT WILL IMPROVE THE CADETS LIFE AND SKILLS AS WELL AS BENEFIT THE COMMUNITY AS A WHOLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Demitrius Smith President & | 10 | $0 | |
Kathy Ann Pegues Ed/treasurer | 40 | $19,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,288 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,288 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,189 |
| Professional fees and other payments to independent contractors | $2,865 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $64 |
| Other expenses | $34,016 |
| Total expenses | $70,134 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,208 |
| Other assets | $0 |
| Total assets | $4,208 |
| Total liabilities | $2,405 |
| Net assets or fund balances | $1,803 |