Youth Finance Institute Of America is located in Albany, CA. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, 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. Youth Finance Institute Of America 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 Finance Institute Of America generated $118.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $112.1k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MONEY TALK WORKSHOP PROGRAM. PROVIDED FINANCIAL EDUCATION LIFE-SKILLS IN 38 WORKSHOPS. WE EMPLOYED NINE COLLEGE INTERNS AND ALSO ONE PROGRAM COORDINATOR. 354 STUDENTS YOUTH WERE SERVED IN THIS PROGRAM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amiko Foster Ceo-Executive Director | 32 | $18,706 | |
Michael Castro President | 1 | $0 | |
Desirae Mcneil Vice President | 1 | $0 | |
Anthony Volkar Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,279 |
| Total Program Service Revenue | $7,787 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,066 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,272 |
| Professional fees and other payments to independent contractors | $6,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9 |
| Other expenses | $83,450 |
| Total expenses | $112,131 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $871 |
| Other assets | $0 |
| Total assets | $4,571 |
| Total liabilities | $26,527 |
| Net assets or fund balances | -$21,956 |