Civic Intelligence

Young Athletes Inc.

990 • Fiscal year 2020 • EIN 13-3967852

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 16, 2021

244 5th Avenue Ste L293New York, NY 10001

(212) 591-0636

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.65x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.13x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Net Margin

37th percentile

-8.9%

Higher net margin than 37% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Asset Growth

6th percentile

-66%

Faster asset growth than 6% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-43%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$34,274

Down $66,377 (-66%) from 2019

Net Assets

Down

-$22,107

Down $38,372 (-236%) from 2019

Liabilities

Down

$56,381

Down $28,005 (-33%) from 2019

Revenue

Down

$432,518

Down $321,113 (-43%) from 2019

Expenses

Down

$470,890

Down $226,586 (-32%) from 2019

Net Income

Down

-$38,372

Down $94,527 (-168%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200KAssets 2012: $80,401Liabilities 2012: $76,683Net Assets 2012: $3,7182012Assets 2013: $37,940Liabilities 2013: $56,264Net Assets 2013: -$18,3242013Assets 2014: $109,745Liabilities 2014: $140,359Net Assets 2014: -$30,6142014Assets 2015: $127,410Liabilities 2015: $129,704Net Assets 2015: -$2,2942015Assets 2016: $147,009Liabilities 2016: $147,247Net Assets 2016: -$2382016Assets 2017: $147,693Liabilities 2017: $155,450Net Assets 2017: -$7,7572017Assets 2018: $91,893Liabilities 2018: $131,783Net Assets 2018: -$39,8902018Assets 2019: $100,651Liabilities 2019: $84,386Net Assets 2019: $16,2652019Assets 2020: $34,274Liabilities 2020: $56,381Net Assets 2020: -$22,1072020Assets 2021: $371,538Liabilities 2021: $26,291Net Assets 2021: $345,2472021Assets 2022: $328,666Liabilities 2022: $19,217Net Assets 2022: $309,4492022Assets 2023: $209,174Liabilities 2023: $28,474Net Assets 2023: $180,7002023Assets 2024: $16,933Liabilities 2024: $47,563Net Assets 2024: -$30,6302024

Highlighted filing

2020

Assets$34,274
Liabilities$56,381
Net Assets-$22,107

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $339,2462012Revenue 2013: $278,743Expenses 2013: $300,785Net Income 2013: -$22,0422013Revenue 2014: $344,860Expenses 2014: $357,150Net Income 2014: -$12,2902014Revenue 2015: $626,579Expenses 2015: $598,259Net Income 2015: $28,3202015Revenue 2016: $614,878Expenses 2016: $612,825Net Income 2016: $2,0532016Revenue 2017: $641,706Expenses 2017: $649,224Net Income 2017: -$7,5182017Revenue 2018: $607,848Expenses 2018: $639,981Net Income 2018: -$32,1332018Revenue 2019: $753,631Expenses 2019: $697,476Net Income 2019: $56,1552019Revenue 2020: $432,518Expenses 2020: $470,890Net Income 2020: -$38,3722020Revenue 2021: $734,530Expenses 2021: $408,876Net Income 2021: $325,6542021Revenue 2022: $577,009Expenses 2022: $612,807Net Income 2022: -$35,7982022Revenue 2023: $606,125Expenses 2023: $734,874Net Income 2023: -$128,7492023Revenue 2024: $477,406Expenses 2024: $688,736Net Income 2024: -$211,3302024

Highlighted filing

2020

Revenue$432,518
Expenses$470,890
Net Income-$38,372
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 16, 2021
Return Version
2020v4.1
Gross Receipts
$432,518
Mission and Program Overview

Mission

Teach participants through education and sports to become viable citizens and to be able to contribute to society in a productive manner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$47,676$29,001▼ $18,675
Prepaid Expenses and Deferred Charges$13,654--
Cash and Non-Interest-Bearing Accounts$36,177$4,269▼ $31,908
Land, Buildings, and Equipment, Net$3,144$1,004▼ $2,140
Total Assets$100,651$34,274▼ $66,377
Liabilities
Other Liabilities$30,000$30,000→ $0
Accounts Payable and Accrued Expenses$54,386$26,381▼ $28,005
Total Liabilities$84,386$56,381▼ $28,005
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,265$-22,107▼ $38,372
Total Net Assets Fund Balance$16,265$-22,107▼ $38,372
Total Liabilities and Net Assets / Fund Balance$100,651$34,274▼ $66,377

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,004$36,846$37,850
Other Land Buildings-$4,691$4,691
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lamarre DysonExecutive Director
Michael ParkerMember
Mitchell ClementeMember
Rodny StricklandMember
Scott ChapmanMember
Travis BerryMember
Nicole PowellSecretary
Royce RusselTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$407,347
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$25,171
All Other Contributions
$19,675
Change in Net Assets
$-38,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$432,518
Total Revenue per Audited Statements
$432,518
Total Revenue per Form 990
$432,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$386,642
Other Expenses$84,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$221,903--$221,903
Current Officers, Directors, Trustees, and Key Employees$86,125--$86,125
Other Employee Benefits$55,371--$55,371
Other Expenses$47,445--$47,445
Payroll Taxes$23,243--$23,243
Occupancy$13,654--$13,654
All Other Expenses$8,542--$8,542
Fees for Services Accounting$5,000--$5,000
Depreciation Depletion$2,140--$2,140
Office Expenses$563--$563
Insurance$383--$383
Total Functional Expenses$470,890$0$0$470,890

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$470,890
Total Expenses per Audited Statements$470,890
Total Expenses per Form 990$470,890
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contract Advances$30,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A draft copy of the Form 990 was provided to each member to review and all questions were resolved before the form was filed.

CEO executive director top management comp Part VI line 15A

Executive director compensation was approved by the board and or the appropriate government funding source.

Other officer or key employee compensation Part VI line 15B

All full time employee compensation was approved by the board and or the appropriate government funding source.

Governing documents etc available to public Part VI line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Young Athletes Inc
EIN
13-3967852
Address
244 5TH AVENUE STE L293, New York, NY 10001

Signing Officer

Name
Lamarre Dyson
Title
Executive Direc
Phone
2125910636
Signed
2021-02-16
Discuss with paid preparer
No

Organization Details

Formed
2005
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
14

Preparer

Firm
Valles Vendiola LLP
Address
125 Maiden Lane Room 508, New York, NY 10038
Preparer
Gilberto Vendiola
Phone
7182751422
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All full time employee compensation was approved by the board and or the appropriate government funding source.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
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ReturnHeader/ReturnTs02021-11-10T17:39:32-05:00
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