Youthful Impact
- Assets
- $454.0
- Revenue
- $189.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Greenwich, CT
- Founding
- Data as of
- 12/2023
- EIN
- 87-2201667
Organization Overview
Youthful Impact is located in Greenwich, CT. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Youthful Impact employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youthful Impact 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 12/2023, Youthful Impact generated $189.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $197.2k during the year ending 12/2023. While expenses have increased by 2.3% 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
OUR MISSION IS TO INCREASE THE EMPLOYABILITY SKILLS OF ONE MILLION YOUTH OF COLOR BY 2030. OUR FIRST YEAR OF OPERATIONS SERVED OVER 100 YOUTH USING A CULTURALLY REPRESENTATIVE ENTREPRENEURIAL MINDSET PLATFORM FOR BUILDING IN-DEMAND JOB SKILLS AMONG DISCONNECTED AND DISENGAGED YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTHFUL IMPACT EXPANDED COMMUNITY REACH WITH NEW GOOGLE PARTNERSHIP AND DOWNTOWN ALBANY LOCATION. THE NONPROFIT WORKS WITH LOCAL YOUTH TO BUILD EMPLOYABILITY AND AN ENTREPRENEURIAL MINDSET WHILE STRENGTHENING STEM SKILLS AND ACHIEVING GOOGLE CAREER CERTIFICATIONS. YOUTHFUL IMPACT, A NONPROFIT DEDICATED TO PROVIDING YOUTH WITH SKILLS THAT ENHANCE THEIR EMPLOYABILITY, IS THRILLED TO ANNOUNCE ITS NEWEST PARTNERSHIP. THROUGH A COLLABORATION WITH GROW WITH GOOGLE, YOUTH BETWEEN THE AGES OF 16 AND 24 WILL BE EMPOWERED TO EARN GOOGLE CAREER CERTIFICATES AND DEVELOP JOB-READY SKILLS IN HIGH-GROWTH FIELDS.THE PROGRAM, WHICH IS OFFERED AT NO COST TO PARTICIPANTS, WILL BE TAUGHT AT YOUTHFUL IMPACTS NEW LOCATION AT ONE COMMERCE PLAZA IN ALBANY. THE STRATEGIC MOVE ALLOWS THE NONPROFIT TO REACH A GROWING NUMBER OF YOUTH INTERESTED IN ITS ENTREPRENEURSHIP AND JOB TRAINING PROGRAMS.OUR PROGRAM IS ALL ABOUT HELPING YOUTH DEVELOP A CREATIVE PROBLEM-SOLVING MINDSET AND THE NECESSARY IN-DEMAND SKILLS FOR SUCCESS IN THEIR FUTURE CAREER VENTURES, SAID DR. KHAITSA WASIYO, DIRECTOR OF YOUTHFUL IMPACT. GOOGLE CAREER CERTIFICATES ALSO ALLOW YOUNG ADULTS, PARTICULARLY THOSE WITHOUT A COLLEGE DEGREE, TO EARN A LIVING WAGE. AS A FORMER COLLEGE PROFESSOR, I'M THRILLED TO BE PART OF THE GROW WITH GOOGLE PATHWAYS MOVEMENT, A PROGRAM WITH THE ABILITY TO TRANSFORM EDUCATION AND MAKE ECONOMIC SECURITY ACCESSIBLE TO EVERYONE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Khaitsa Wasiyo President & CEO | OfficerTrustee | 50 | $22,889 |
Kazumut Terada Secretary | OfficerTrustee | 2 | $0 |
Conrad Lauture Director | Trustee | 2 | $0 |
Constance Martin Director | Trustee | 2 | $0 |
Alex Makayi Treasurer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $145,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,717 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,717 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,735 |
| 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. | $22,889 |
| Compensation of current officers, directors, key employees. | $4,578 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,926 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,845 |
| Advertising and promotion | $7,567 |
| Office expenses | $2,777 |
| Information technology | $6,745 |
| Royalties | $0 |
| Occupancy | $17,494 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $573 |
| Total functional expenses | $197,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $454 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $454 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $454 |
| Net assets with donor restrictions | $0 |
| 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 | $454 |