Our Promise Youth Academy Inc
- Assets
- $309.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brownfield, TX
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 45-4612163
Organization Overview
Our Promise Youth Academy Inc is located in Brownfield, TX. The organization was established in 2013. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Promise Youth Academy 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, Our Promise Youth Academy Inc generated $117.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $111.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE SOCIAL WELFARE, AND HEALTH, SOCIAL, EDUCATIONAL, VOCATIONAL, CHARACTER AND CULTURAL DEVELOPMENT OF BOYS AND GIRLS WITHOUT REGARD TO RACE, COLOR OR CREED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,374 |
| Total Program Service Revenue | $17,500 |
| Membership dues | $1,850 |
| Investment income | $289 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32,775 |
| Other Revenue | $0 |
| Total Revenue | $117,788 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,058 |
| Salaries, other compensation, and employee benefits | $61,134 |
| Professional fees and other payments to independent contractors | $240 |
| Occupancy, rent, utilities, and maintenance | $17,987 |
| Printing, publications, postage, and shipping | $275 |
| Other expenses | $28,312 |
| Total expenses | $111,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,847 |
| Other assets | $0 |
| Total assets | $309,535 |
| Total liabilities | $457 |
| Net assets or fund balances | $309,078 |