National Foundation For Youth Inc
- Assets
- $82.9m
- Revenue
- $32.7m
- Investments
- $42.9m
- Employees
- 0
- Location
- Cocoa, FL
- Founding
- 09/1993
- Data as of
- 06/2021
- EIN
- 59-3184658
Organization Overview
National Foundation For Youth Inc is located in Cocoa, FL. The organization was established in 1993. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, 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. National Foundation For Youth 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 06/2021, National Foundation For Youth Inc generated $32.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE, MAINTAIN AND ADMINISTER FUNDS TO NON-PROFIT ORGANIZATIONS PROVIDING EDUCATIONAL, REHABILITATIVE, THERAPEUTIC AND ENVIRONMENTAL PROGRAMS FOR YOUTH AND YOUNG ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISED FUNDS AND GRANTED THEM TO ORGANIZATIONS SUCH AS ECKERD YOUTH ALTERNATIVES, INC., WHICH PROVIDES PROGRAMS FOR INTERVENTION AND EDUCATION FOR AT-RISK CHILDREN, YOUTH AND YOUNG ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Phillip Short Director | Trustee | 2 | $4,785 |
Nancy Eckerd Nichols Director | Trustee | 7 | $4,059 |
Cheryl E Ernst Director | Trustee | 1 | $3,720 |
James T Swann III Chairman & Treasurer | OfficerTrustee | 1 | $2,000 |
Richard Eckerd Director | Trustee | 1 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $1,207,847 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,469,476 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,677,323 |
| Statement of Expenses | |
|---|---|
| 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. | $15,000 |
| 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 | $14,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $166,241 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $445 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,228 |
| 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 | $6,931 |
| All other expenses | $0 |
| Total functional expenses | $2,661,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,778 |
| 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 | $2,613 |
| Investments—publicly traded securities | $40,001,121 |
| Investments—other securities | $42,922,925 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $82,942,437 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $679,374 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $679,374 |
| 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 |
| Total liabilities and net assets/fund balances | $82,263,063 |
Endowment Analysis
| Beg. Balance | $22,827,046 |
| Earnings | $5,636,397 |
| Ending Balance | $28,463,443 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morselife Foundation Inc West Palm Beach, FL | $49,056,952 | $14,295,083 |
Trustbridge Foundation Inc West Palm Beach, FL | $165,141,180 | $27,715,967 |
Family Allies Inc Rockledge, FL | $2,052,888 | $5,472,573 |
The Hospice Foundation Of Martin & St Lucie Inc Stuart, FL | $38,872,394 | $6,423,921 |
Sos Childrens Villages Florida Inc Coconut Creek, FL | $5,627,775 | $5,841,080 |
Sheriffs Ranches Enterprises Inc Boys Ranch, FL | $1,230,660 | $4,068,193 |
Ymca Of Greater St Petersburg Facility Operations Inc St Petersburg, FL | $0 | $3,487,521 |
National Foundation For Youth Inc Cocoa, FL | $82,942,437 | $32,677,323 |
John Knox Village Of Florida Foundation Inc Pompano Beach, FL | $16,895,257 | $2,827,394 |
Hospice Foundation Of Palm Beach County Inc Palm Beach, FL | $27,516,487 | $3,903,608 |
Georgia Youth Homes Foundation Madison, GA | $25,002,046 | $1,469,118 |
Abch Foundation Birmingham, AL | $27,664,999 | $3,000,194 |