Fsy Llc, operating under the name Brigham Young University Sole MBR, is located in Provo, UT. As of 12/2022, Brigham Young University Sole MBR employed 2,142 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Brigham Young University Sole MBR 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, Brigham Young University Sole MBR generated $63.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $63.4m during the year ending 12/2022. While expenses have increased by 37.8% per year over the past 4 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
PROVIDES SOCIALLY AND SPIRITUALLY WELL-BALANCED YOUTH PROGRAMS DIRECTED BY EXCEPTIONAL STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A WELL-BALANCED YOUTH CAMP FOR YOUTH AGES 14 TO 18.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin L Walker Manager | Officer | 1 | $0 |
Carolyn B Andrews Manager | Officer | 1 | $0 |
Darin R Oviatt Manager | Officer | 6 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $63,648,856 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $347 |
| 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 | $63,649,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,324 |
| 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 | $9,282,392 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,509,111 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,488 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,163 |
| Office expenses | $1,520,425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,975 |
| Travel | $4,836,087 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,700 |
| All other expenses | $2,008,173 |
| Total functional expenses | $63,408,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,218,758 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $54,354 |
| 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 | $8,273,112 |
| Accounts payable and accrued expenses | $827,196 |
| Grants payable | $0 |
| Deferred revenue | $1,881,684 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,708,880 |
| Net assets without donor restrictions | $0 |
| 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 | $5,564,232 |
| Total liabilities and net assets/fund balances | $8,273,112 |