Youthbuild Preparatory Academy

Organization Overview

Youthbuild Preparatory Academy is located in Providence, RI. The organization was established in 2017. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2019, Youthbuild Preparatory Academy employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youthbuild Preparatory Academy 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 06/2019, Youthbuild Preparatory Academy generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $1.1m during the year ending 06/2019. While expenses have increased by 31.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

YOUTHBUILD PREP ACADEMY PROVIDES A LIBERATING EDUCATIONAL EXPERIENCE TO ALL STUDENTS, WITH A FOCUS ON ENGAGING YOUNG MEN OF COLOR, PREPARING THEM TO BE CONFIDENT, CIVICALLY ENGAGED LEADERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORKFORCE DEVELOPMENT FOR OUT-OF-STATE YOUTH THAT PROVIDE ACADEMIC, JOB READINESS, AND OCCUPATIONAL SKILLS NEEDED TO MAKE A SUCCESSFUL TRANSITION INTO THE CONSTRUCTION AND OTHER HIGH-GROWTH, HIGH-DEMAND OCCUPATIONAL SECTORS.


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Board, Officers & Key Employees

Name (title)Compensation
Anthony Hubbard
Executive Director
$101,638
Angela Romans
Chair
$0
Gloria Johnson
Treasurer
$0
Patrick Mcguigan
Co-Chair
$0
Akeem Lloyd
Director
$0
Keno Mullings
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$990,801
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$99
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,020,749

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Youthbuild Preparatory Academy has recieved totaling $166,414.

Awarding OrganizationAmount
United Way Of Rhode Island Inc

Providence, RI

PURPOSE: DESIGNATED DONATION/GRANT

$76,409
$45,000
The Rhode Island Community Foundation

Providence, RI

PURPOSE: YOUTHBUILD PROVIDENCE

$25,000
The Highlander Charter School

Providence, RI

PURPOSE: GENERAL SUPPORT

$20,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

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