Youth Villages Foundation Inc
- Assets
- $339.2m
- Revenue
- $28.0m
- Investments
- $0.0
- Employees
- 32
- Location
- Memphis, TN
- Founding
- 11/1996
- Data as of
- 06/2021
- EIN
- 62-1652079
Organization Overview
Youth Villages Foundation Inc is located in Memphis, TN. The organization was established in 1996. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. As of 06/2021, Youth Villages Foundation Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Villages Foundation 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, Youth Villages Foundation Inc generated $28.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $33.8m 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
PROVIDE FINANCIAL AND SUPPORT SERVICES FOR YOUTH VILLAGES, INC., A TENNESSEE NON-PROFIT CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES FINANCIAL AND SUPPORT SERVICES FOR YOUTH VILLAGES, INC., A TENNESSEE NON-PROFIT CORPORATION. THE ORGANIZATION DOES NOT HAVE ANY PROGRAM SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Shaw Cdo | Officer | 40 | $407,459 |
Ken Kimble Director Of Development | 40 | $138,562 | |
Katherine Dilly Director Of Development | 40 | $121,169 | |
Rae Hummell Director Of Development | 40 | $118,373 | |
John Horton Director Of Development | 40 | $104,016 | |
Mike Bruns Chair Emeritus | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
1540 Productions Event Productions | 6/29/21 | $300,557 |
Senovva Inc Event Productions | 6/29/21 | $286,561 |
J H Ellwood & Associates Inc Investment Consulting | 6/29/21 | $147,239 |
Aab Productions Event Management | 6/29/21 | $177,856 |
V Productions Llc Event Management | 6/29/21 | $138,811 |
Financial Statements
| 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 | $26,658,694 |
| Noncash contributions included in lines 1a–1f | $54,298 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,658,694 |
| Total Program Service Revenue | $0 |
| Investment income | $916,670 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $214 |
| Net Income from Fundraising Events | $377,200 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,952,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,344,599 |
| 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. | $407,459 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,272,451 |
| Pension plan accruals and contributions | $91,068 |
| Other employee benefits | $301,989 |
| Payroll taxes | $166,343 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $578,402 |
| Advertising and promotion | $0 |
| Office expenses | $255,835 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,443 |
| Travel | $32,208 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,710 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,214 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $33,782,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,322,343 |
| Pledges and grants receivable | $12,931,666 |
| 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 | $7,960 |
| Net Land, buildings, and equipment | $45,755 |
| Investments—publicly traded securities | $286,148,437 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,703,242 |
| Total assets | $339,159,403 |
| Accounts payable and accrued expenses | $259,680 |
| Grants payable | $0 |
| 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 | $84,042,894 |
| Total liabilities | $84,302,574 |
| Net assets without donor restrictions | $199,066,263 |
| Net assets with donor restrictions | $55,790,566 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $339,159,403 |
Grants Awarded
Over the last fiscal year, Youth Villages Foundation Inc has awarded $15,221,480 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: GENERAL OPERATIONS | $13,176,722 |
YOUTH VILLAGES - GERMAINE LAWRENCE INC PURPOSE: GENERAL OPERATIONS | $2,044,758 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Youth Villages Foundation Inc has recieved totaling $450,042.
| Awarding Organization | Amount |
|---|---|
Rose Foundation Santa Monica, CA PURPOSE: UNRESTRICTED CONTRIBUTION FOR THE FURTHERANCE OF THE QUALIFIED CHARITY'S MISSION | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $100,100 |
Rose Foundation Santa Monica, CA PURPOSE: UNRESTRICTED CONTRIBUTION FOR THE FURTHERANCE OF THE QUALIFIED CHARITY'S MISSION | $100,000 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $39,500 |
Peyback Foundation Inc Independence, OH PURPOSE: GENERAL | $10,000 |
Belz Foundation Memphis, TN PURPOSE: YOUTH | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of The Valley Works Roanoke, VA | $35,659,269 | $106,358,357 |
Mississippi State University Foundation Inc Mississippi State, MS | $560,789,333 | $59,624,907 |
Youth Villages Foundation Inc Memphis, TN | $339,159,403 | $27,952,778 |
Community Investments Foundation Charlotte, NC | $101,933,737 | $21,788,464 |
Westminister-Canterbury Management Corporation Richmond, VA | $220,702,749 | $15,246,749 |
Midwest Senior Ministries Inc St Louis, MO | $12,712,163 | $13,139,984 |
Hospice Of Chattanooga Foundation Chattanooga, TN | $0 | $886,666 |
Friends Of Flance Center St Louis, MO | $0 | $160,628 |
Community Real Property Holdings Inc Charlotte, NC | $53,988,196 | $19,881,979 |
Catholic Charities Foundation St Louis, MO | $17,905,767 | $7,836,283 |
Lutheran Senior Services Endowment Fund St Louis, MO | $77,808,847 | $9,810,393 |
Communities In Schools Of North Carolina Inc Raleigh, NC | $8,297,246 | $8,586,637 |