Youth Leadership Initiative
- Assets
- $275.7k
- Revenue
- $351.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- Data as of
- 06/2023
- EIN
- 86-1711656
Organization Overview
Youth Leadership Initiative is located in Minneapolis, MN. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Leadership Initiative 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, Youth Leadership Initiative generated $351.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $230.8k during the year ending 06/2023. While expenses have increased by 14.7% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF YOUTH LEADERSHIP INITIATIVE (YLI) IS TO ADVANCE RACIAL EQUITY BY DEVELOPING A NEW GENERATION OF DIVERSE LEADERS WHO ARE PREPARED TO BUILD A THRIVING, INCLUSIVE AND MULTICULTURAL TWIN CITIES AREA; AND CATALYZING JUSTICE AND TRANSFORMATION IN THE SYSTEMS THAT IMPACT YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, YLI FOCUSED ON STRENGTHENING ITS ORGANIZATIONAL INFRASTRUCTURE, RAISING FUNDS, AND IMPLEMENTING PROGRAMMING. BELOW IS A SUMMARY OF OUR OVERALL ACCOMPLISHMENTS: * PARTNERED WITH THEATER MU TO PROVIDE ARTS-BASED PROGRAMMING. * ENGAGED 12 COMMUNITY VOLUNTEERS. * IMPLEMENTED STRATEGIC AND FUNDRAISING PLAN. * BUILT A DIVERSIFIED REVENUE PORTFOLIO WITH 69% OF FUNDING FROM FOUNDATION GRANTS, 17% FROM EARNED INCOME FROM CONSULTING, AND 14% FROM DONOR CONTRIBUTIONS. YOUTH LEADERSHIP INITIATIVE AFTER SCHOOL PROGRAM YLI SERVED 22 YOUTH PARTICIPANTS. * 100% OF PROGRAM PARTICIPANTS WERE BETWEEN THE AGES OF 14 THROUGH 19. * 95% OF PROGRAM PARTICIPANTS IDENTIFIED AS BLACK, INDIGENOUS, ASIAN, LATINX, AND OTHER INITIALS POC. * 50% IDENTIFIED AS FEMALE, 45% AS MALE AND 5% AS GENDER FLUID. * 86% OF PARTICIPANTS LIVED IN THE EAST METRO AREA. YLI INSTITUTE * PROVIDED CONSULTATION SERVICES TO SIX ORGANIZATIONS INCLUDING NONPROFITS AND GOVERNMENT AGENCIES, ENGAGING 4 YOUTH AND 188 ADULTS. * DESIGNED AND FACILITATED A YEAR-LONG COHORT SERIES ON EQUITABLE YOUTH WORK, IMPACTING 44 INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nou Yang Board Chair | OfficerTrustee | 20 | $0 |
Sally Brown Board Treasurer | OfficerTrustee | 20 | $0 |
Lee Vue Board Secretary | OfficerTrustee | 7 | $0 |
Nancy Ortega Board Member | Trustee | 5 | $0 |
Martheline Wallace Board Member | Trustee | 5 | $0 |
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 | $330,652 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,652 |
| Total Program Service Revenue | $20,310 |
| Investment income | $221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $351,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $4,544 |
| Fees for services: Accounting | $10,893 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $167,728 |
| Advertising and promotion | $4,858 |
| Office expenses | $12 |
| Information technology | $6,252 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,537 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,285 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,808 |
| All other expenses | $0 |
| Total functional expenses | $230,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,690 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $275,690 |
| Accounts payable and accrued expenses | $5,804 |
| 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 | $0 |
| Total liabilities | $5,804 |
| Net assets without donor restrictions | $214,886 |
| Net assets with donor restrictions | $55,000 |
| 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 | $275,690 |