Youth Empowerment Academy Inc is located in Merrillville, IN. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Youth Empowerment Academy Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Empowerment 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, Youth Empowerment Academy Inc generated $106.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.6% each year . All expenses for the organization totaled $180.3k 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
PROVIDE SUBSIDIZED DAY CARE SERVICES AND LEARNING EXPERIENCES FOR UNDER-SERVED CHILDREN IN NORTHWEST INDIANA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Woods President | 40 | $55,500 | |
Carl Smith Treasurer | 2 | $0 | |
James Eskridge Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $98,960 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,215 |
| Total Revenue | $106,175 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,290 |
| Professional fees and other payments to independent contractors | $1,058 |
| Occupancy, rent, utilities, and maintenance | $15,459 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,472 |
| Total expenses | $180,279 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,440 |
| Other assets | $0 |
| Total assets | $16,740 |
| Total liabilities | $70,100 |
| Net assets or fund balances | -$53,360 |