Vance Avenue Youth Development Center
- Assets
- $141.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 62-1575268
Organization Overview
Vance Avenue Youth Development Center is located in Memphis, TN. The organization was established in 1999. 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. Vance Avenue Youth Development Center 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, Vance Avenue Youth Development Center generated $141.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.5% each year . All expenses for the organization totaled $159.5k during the year ending 12/2022. While expenses have increased by 22.5% per year over the past 3 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
AFTER SCHOOL PROGRAM FOR AT RISK CHILDREN, TUTORING SUMMER CAMP, OVER 250 HOT MEALS TO CHILDREN AND SCHOOL SUPPLIES- MONDAY THRU SATURDAY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Nesbit Director | 10 | $0 | |
Jeria Sharkey Secretary | 5 | $0 | |
Kimberly Norman Vice President | 5 | $0 | |
Dorothey Shohnes Asst Secretary | 5 | $0 | |
Courtney Nevalle Facilitator | 5 | $0 | |
Dennis Wilson Tutor | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $110,000 |
| Occupancy, rent, utilities, and maintenance | $46,020 |
| Printing, publications, postage, and shipping | $3,500 |
| Other expenses | $0 |
| Total expenses | $159,520 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $141,000 |
| Total liabilities | $159,520 |
| Net assets or fund balances | -$18,520 |