Youth Services Inc
- Assets
- $68.6k
- Revenue
- $119.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 04/2014
- Data as of
- 12/2023
- EIN
- 46-1695065
Organization Overview
Youth Services Inc is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Services 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 12/2023, Youth Services Inc generated $119.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $634.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EFFECTIVELY AND EFFICIENTLY FACILITATE AND OVERSEE THE MASSACHUSETTS JUVENILE JUSTICE PAY FOR SUCCESS PILOT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MASSACHUSETTS JUVENILE JUSTICE PAY FOR SUCEESS (PFS) INITIATIVE: THIS 28 MILLION PAY FOR SUCESS PROJECT IS AN OVER TEN-YEAR INITIATIVE DESIGNED TO DECREASE RECIDIVISM RATES AND IMPROVE OUTCOMES FOR HUNDREDS OF AT-RISK YOUNG MEN IN THE PROBATION SYSTEM OR LEAVING THE JUVENILE JUSTICE SYSTEM IN MASSACHUSETTS. IN JANUARY 2014 THE PROJECT LAUCHED, BRINGING TOGETHER AN EVIDENCE-BASED, HIGH PERFORMING PROVIDER OF SERVICES, ROCA, INC., FUNDERS RANGING FROM THE BOSTON FOUNDATION TO GOLDMAN SACHS, AND MULTIPLE STATE AGENCIES. THE MASSACHUSETTS PFS INITIATIVE WILL IMPROVE THE LIVES OF YOUNG PEOPLE BY PROVIDING INTENSIVE OUTREACH AND SERVICES TO HELP THEM LIVE HEALTHY, PRODUCTIVE COMMUNITIES AND SAVE TAXPAYER DOLLARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Grossman President | OfficerTrustee | 0.25 | $0 |
Caroline Whistler Director | Trustee | 0.25 | $0 |
Tim Pennell Director | Trustee | 0.25 | $0 |
Laila Bravo Secretary & | OfficerTrustee | 0.25 | $0 |
Sharolyn Miller Treasurer | OfficerTrustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Third Sector Capital Partners Program Management | 12/30/14 | $372,097 |
Manatt Phelps And Phillips Legal Services | 12/30/14 | $190,000 |
Sibalytics Evaluation | 12/30/14 | $108,566 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $119,105 |
| 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 | $119,105 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $119,105 |
| 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 | $0 |
| 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 | $19,163 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,800 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $537,718 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,570 |
| All other expenses | $1,334 |
| Total functional expenses | $634,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,891 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $17,095 |
| 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 | $10,606 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $68,592 |
| Accounts payable and accrued expenses | $150,078 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $12,640,430 |
| Other liabilities | $0 |
| Total liabilities | $12,790,508 |
| Net assets without donor restrictions | -$12,721,916 |
| 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 | $68,592 |