Avenues For Youth
- Assets
- $3.6m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 67
- Location
- Minneapolis, MN
- Founding
- 02/1995
- Data as of
- 06/2022
- EIN
- 41-1765140
Organization Overview
Avenues For Youth is located in Minneapolis, MN. The organization was established in 1995. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Avenues For Youth employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avenues For Youth 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, Avenues For Youth generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 4.3% 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
THE MISSION OF AVENUES FOR YOUTH (AFY) IS TO PARTNER WITH YOUTH EXPERIENCING HOMELESSNESS TO ACHIEVE THEIR DREAMS. WE DO THIS BY PROVIDING SHELTER, SHORT TERM AND TRANSITIONAL HOUSING AND SUPPORTIVE SERVICES FOR YOUTH EXPERIENCING HOMELESSNESS IN A SAFE AND NURTURING ENVIRONMENT. THROUGH SUCH SERVICE, AVENUES SEEKS TO HELP YOUTH ACHIEVE THEIR PERSONAL GOALS AND FIND A POSITIVE TRANSITION INTO YOUNG ADULTHOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Meerse Executive Director | Officer | 40 | $135,507 |
Shawn Sorrell Vice President | OfficerTrustee | 1 | $0 |
Rachelle Haroldson PHD Secretary | OfficerTrustee | 1 | $0 |
Paul Blom President | OfficerTrustee | 2 | $0 |
Linnea Eiden Treasurer | OfficerTrustee | 1 | $0 |
Russ Heilbrun Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $144,509 |
| Membership dues | $0 |
| Fundraising events | $111,421 |
| Related organizations | $0 |
| Government grants | $1,197,398 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,570,523 |
| Noncash contributions included in lines 1a–1f | $89,272 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,023,851 |
| Total Program Service Revenue | $4,078 |
| Investment income | $1,960 |
| 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 | $3,029,889 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,189 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $146,960 |
| Compensation of current officers, directors, key employees. | $74,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,665,681 |
| Pension plan accruals and contributions | $25,018 |
| Other employee benefits | $140,864 |
| Payroll taxes | $143,210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $33,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,988 |
| Advertising and promotion | $23,508 |
| Office expenses | $24,728 |
| Information technology | $45,245 |
| Royalties | $0 |
| Occupancy | $76,824 |
| Travel | $10,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,138 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,912 |
| Insurance | $33,423 |
| All other expenses | $28,144 |
| Total functional expenses | $2,772,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,890 |
| Savings and temporary cash investments | $2,339,444 |
| Pledges and grants receivable | $298,269 |
| 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 | $31,565 |
| Net Land, buildings, and equipment | $288,306 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,613,474 |
| Accounts payable and accrued expenses | $186,984 |
| Grants payable | $0 |
| Deferred revenue | $14,032 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,001 |
| 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 | $202,017 |
| Net assets without donor restrictions | $3,113,483 |
| Net assets with donor restrictions | $297,974 |
| 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 | $3,613,474 |
Grants Awarded
Over the last fiscal year, Avenues For Youth has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Saint Paul, MN | | $10,000 |
Minneapolis, MN | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 29 grants that Avenues For Youth has recieved totaling $876,729.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, HUMAN SERVICES | $143,751 |
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $125,000 |
Greater Twin Cities United Way Minneapolis, MN PURPOSE: PROGRAM COSTS | $96,567 |
Patrick & Aimee Butler Family Foundation St Paul, MN PURPOSE: GENERAL OPERATING SUPPORT | $60,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $58,130 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $55,595 |
Endowment Analysis
| Beg. Balance | $562,253 |
| Earnings | $2,750 |
| Net Contributions | $80,000 |
| Ending Balance | $645,003 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avenues For Youth Minneapolis, MN | $3,613,474 | $3,029,889 |
The Brandlab Minneapolis, MN | $2,985,937 | $2,203,610 |
180zone Inc Davenport, IA | $3,365,742 | $2,243,678 |
Mandan Hockey Club Inc Mandan, ND | $1,708,324 | $877,690 |
Optimist International Prior Lake, MN | $174,040 | $498,924 |
Lead2change Inc Milwaukee, WI | $144,220 | $385,644 |
Open Doors For Youth Elk River, MN | $241,363 | $329,676 |
Optimist International Worthington, MN | $39,652 | $228,844 |
Luverne Hockey Club Luverne, MN | $1,034,983 | $294,167 |
Sports Mentorship Academy Rochester, MN | $80,568 | $0 |
Optimist International Sauk Rapids, MN | $64,280 | $169,753 |
Hazel Green Gymnastics Club Hazel Green, WI | $818,449 | $137,043 |