Found Village is located in Cincinnati, OH. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Found Village employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Found Village 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 06/2023, Found Village generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $1.3m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE CREATE CONDITIONS FOR YOUNG PEOPLE TO THRIVE. WE DO THIS BY CREATING A COMMUNITY OF CARE FOR YOUNG PEOPLE WHO HAVE NOT ACHIEVED SUCCESS DESPITE THE EFFORTS OF OTHER AGENCIES. OUR VISION IS TO ENSURE THAT EVERY YOUNG PERSON AND THEIR FUTURE GENERATIONS ARE NO LONGER SYSTEM INVOLVED AND LIVING A FULL LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COACHING AND MENTORING: WHILE SOME SOCIAL SYSTEMS ATTEMPT TO "PARENT" THE YOUTH THAT THEY SERVE, THE RESULTS OF INVOLVEMENT IN THESE SYSTEMS FOR THE YOUTH THAT THEY SERVE INDICATE THAT THEY OFTEN FAIL TO ACHIEVE RESULTS. FOR ONE EXAMPLE, ONLY 13% OF FOSTER YOUTH IN THE UNITED STATES EVER MOBILIZE OUT OF POVERTY AS ADULTS. WHEN YOUNG PEOPLE REACH THE AGE RANGE OF 18-21, THEY LOSE ELIGIBILITY FOR THE SERVICES THAT HAVE SUSTAINED THEM AND ARE LEFT WITH NO FORMAL SUPPORT. WE SEEK TO PROVIDE A COMMUNITY THAT CAN ENCOURAGE STABILITY FOR SYSTEM-INVOLVED YOUTH, HELPING THEM TO REDUCE MAJOR DISRUPTIVE LIFE EVENTS (I.E., HOSPITALIZATION, ARREST, RUNNING AWAY, AND SUSPENSION).
EXPERIENCES AND ENRICHMENT:ENRICHMENT OPPORTUNITIES GIVE OUR YOUTH THE OPPORTUNITY TO EXPLORE THEIR INTERESTS AND TALENTS, A LUXURY THAT MANY OF THEM HAVE NOT RECEIVED PRIOR TO JOINING FOUND VILLAGE. ENRICHMENT ACTIVITIES OFFERED TO YOUTH BY OUR PARTNERS INCLUDE TRAINING IN THE ARTS, SPORTS, AND ACTIVITIES IN NATURAL SPACES, ALL OF WHICH PROVIDE OUR YOUNG PEOPLE WITH A CHANCE TO EXAMINE THEIR TALENTS AND INTERESTS. THE COACHING AND ENRICHMENT PROGRAM SEEKS TO 1) EMBED TEENS IN A NETWORK OF HEALTHY ADULT AND PEER RELATIONSHIPS, WHILE 2) PROVIDING OPPORTUNITIES TO EXPLORE, IDENTIFY, AND ENHANCE PERSONAL SKILLS, THEREBY 3) INCREASING OUR YOUNG PEOPLES' SENSE OF BELONGING AND INCREASING THEIR POWER AND AUTONOMY. IN THE PAST YEAR, WE HAVE SEEN THAT YOUNG PEOPLE WHO ENGAGE WITH FOUND VILLAGE CONSISTENTLY POSSESS A STRONGER SENSE OF BELONGING, REPORT HAVING MORE SAFE RELATIONSHIPS WITH PEERS AND ADULTS, AND BECOME HEALTHIER. CASE IN POINT: OVER THE PAST YEAR, SEVERAL YOUNG PEOPLE HAVE BEEN ABLE TO IDENTIFY THE POTENTIAL OF A MAJOR LIFE DISRUPTION BEFORE IT HAPPENED AND ENGAGE WITH THEIR COACH AND COMMUNITY TO MITIGATE THAT CIRCUMSTANCE. WE HAVE SEEN YOUNG PEOPLE DREAM BIG ABOUT THEIR FUTURES, BE MORE OPEN TO FRIENDSHIPS WITH OTHER YOUTH, AND BECOME MORE SUCCESSFUL IN SCHOOL. THE FOLLOWING POSITIVE OUTCOMES INDICATE THE SUCCESSES WE HAVE SEEN IN THE LAST YEAR: 76% OF YOUTH HAVE BEEN ENGAGED IN PROGRAM ACTIVITIES FOR 10 OR MORE HOURS. WE HAVE FOUND THAT ENGAGEMENT POSITIVELY CORRELATES WITH THE WELL-BEING OF YOUNG PEOPLE AND THEIR OVERALL SUCCESS IN SCHOOL. THE MAJORITY OF OUR YOUTH REPORT THAT THEY HAVE MORE FRIENDSHIPS AND FEEL A STRONGER SENSE OF POWER AND AUTONOMY IN THEIR LIVES. WE ARE WORKING TOWARDS 100% OUTCOMES IN ALL THESE AREAS. THIS PAST YEAR SUCCESS IS AS FOLLOWED:SHORT TERM (STABILITY): 90% OF TEENS REFERRED AGREE TO PARTICIPATE IN OUR PROGRAM WITHIN 60 DAYS OF REFERRAL. INSTANCES OF DISRUPTIVE EVENTS (E.G., HOSPITALIZATION, SUSPENSION, ARREST) DROP BY 50% FOR EACH TEEN. 90% OF TEENS RECEIVE CONSISTENT ACCESS TO ESSENTIAL RESOURCES INCLUDING FOOD, CLOTHING, AND SCHOOL SUPPLIES. MID-TERM (GROWTH): 100% OF TEENS ARE PAIRED WITH OUR COACHING TEAM AND CREATE A CUSTOMIZED GROWTH PLAN. 90% OF ELIGIBLE TEENS GRADUATE HIGH SCHOOL. 100% TEENS REPORT THAT THEY HAVE EXPLORED THEIR INTERESTS AND SKILLS THROUGH ENRICHMENT PROGRAMMING. LONG-TERM (LAUNCH): 70% YOUNG PEOPLE REPORT THAT THEY HAVE/MAINTAIN AT LEAST THREE HEALTHY ADULT AND PEER RELATIONSHIPS. 100% YOUNG PEOPLE CAN IDENTIFY TWO SPACES IN THE COMMUNITY THAT ARE SAFE AND SUPPORTIVE FOR THEM (E.G., A LIBRARY, REC CENTER, COMMUNITY ORGANIZATION, OR VOLUNTEER OPPORTUNITY). 70% YOUNG PEOPLE DEMONSTRATE THAT THEY CAN ALERT THEIR COMMUNITY BEFORE A CRISIS EVENT OCCURS AND WORK TO LIMIT DISRUPTIONS. 30% ALL YOUNG PEOPLE MAINTAIN STABLE EMPLOYMENT AT A JOB WHICH PAYS $15/HR OR MORE AND OFFERS OPPORTUNITIES FOR UPWARD MOBILITY. 30% OF YOUNG PEOPLE MAINTAIN STABLE HOUSING ARRANGEMENTS FOR AT LEAST SIX MONTHS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Williams-Nelson Trustee | Trustee | 1 | $0 |
Stephanie Scott Trustee | Trustee | 1 | $0 |
Jennifer Frey Trustee | Trustee | 1 | $0 |
Ashton Wilson Trustee | Trustee | 1 | $0 |
Iloba Nzekwu Co-Executive Director | OfficerTrustee | 40 | $113,492 |
Katie Nzekwu Co-Executive Director | OfficerTrustee | 40 | $60,885 |
Statement of Revenue | |
---|---|
Federated campaigns | $76,800 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,055,505 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,132,305 |
Total Program Service Revenue | $150,321 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,691 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,287,448 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $188,700 |
Compensation of current officers, directors, key employees. | $56,610 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $526,592 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $74,130 |
Payroll taxes | $66,841 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,300 |
Fees for services: Accounting | $25,406 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $171,926 |
Advertising and promotion | $13,617 |
Office expenses | $24,344 |
Information technology | $41,966 |
Royalties | $0 |
Occupancy | $36,168 |
Travel | $43,613 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $7,700 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,727 |
Insurance | $4,267 |
All other expenses | $0 |
Total functional expenses | $1,347,686 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $345,753 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $137,786 |
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 | $2,273 |
Net Land, buildings, and equipment | $17,040 |
Investments—publicly traded securities | $11,976 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $509 |
Other assets | $39,330 |
Total assets | $554,667 |
Accounts payable and accrued expenses | $72,885 |
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 | $279,900 |
Other liabilities | $39,330 |
Total liabilities | $392,115 |
Net assets without donor restrictions | $13,502 |
Net assets with donor restrictions | $149,050 |
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 | $554,667 |