Civic Intelligence

Rye Youth Council Inc.

990 • Fiscal year 2016 • EIN 23-7170074

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

21 Locust AvenueRye, NY 10580

(914) 967-3838

Siviq Scores

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

Liabilities / Assets

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.27x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

33rd percentile

-3.3%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

57th percentile

5.7%

Faster asset growth than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Revenue Growth

31st percentile

-13%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Assets

Up

$401,164

Up $42,089 (+12%) from 2014

Net Assets

Down

$329,599

Down $29,476 (-8.2%) from 2014

Liabilities

Up

$71,565

Up $71,565 from 2014

Revenue

Down

$266,111

Down $83,030 (-24%) from 2014

Expenses

Down

$275,013

Down $92,262 (-25%) from 2014

Net Income

Up

-$8,902

Up $9,232 (+51%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $377,209Liabilities 2013: $0Net Assets 2013: $377,2092013Assets 2014: $359,075Liabilities 2014: $0Net Assets 2014: $359,0752014Assets 2016: $401,164Liabilities 2016: $71,565Net Assets 2016: $329,5992016Assets 2017: $247,010Liabilities 2017: $16,342Net Assets 2017: $230,6682017Assets 2018: $196,582Liabilities 2018: $19,219Net Assets 2018: $177,3632018Assets 2019: $154,469Liabilities 2019: $27,158Net Assets 2019: $127,3112019Assets 2020: $176,562Liabilities 2020: $28,754Net Assets 2020: $147,8082020Assets 2021: $283,922Liabilities 2021: $35,310Net Assets 2021: $248,6122021Assets 2024: $514,816Liabilities 2024: $11,277Net Assets 2024: $503,5392024

Highlighted filing

2016

Assets$401,164
Liabilities$71,565
Net Assets$329,599

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $303,541Expenses 2013: $365,887Net Income 2013: -$62,3462013Revenue 2014: $349,141Expenses 2014: $367,275Net Income 2014: -$18,1342014Revenue 2016: $266,111Expenses 2016: $275,013Net Income 2016: -$8,9022016Revenue 2017: $252,113Expenses 2017: $330,351Net Income 2017: -$78,2382017Revenue 2018: $126,075Expenses 2018: $179,380Net Income 2018: -$53,3052018Revenue 2019: $150,457Expenses 2019: $200,509Net Income 2019: -$50,0522019Revenue 2020: $185,445Expenses 2020: $196,084Net Income 2020: -$10,6392020Revenue 2021: $288,471Expenses 2021: $187,667Net Income 2021: $100,8042021Revenue 2024: $533,090Expenses 2024: $438,020Net Income 2024: $95,0702024

Highlighted filing

2016

Revenue$266,111
Expenses$275,013
Net Income-$8,902
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$405,169
Mission and Program Overview

Mission

The Organization operates to address identified needs of school aged youth who live or attend school in RYE by sponsoring school and community based programs designed to prevent at-risk behaviors and foster healthy physical, social and emotional development of these young people.

This organization operates to address identified needs of school aged youth who live or attend school in rye, by working collaboratively to sponsor school and community based programs designed to prevent at-risk behaviors and foster the healthy physical, social and emotional development of these young people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$253,563$256,144▲ $2,581
Cash and Non-Interest-Bearing Accounts$108,425$122,402▲ $13,977
Total Assets$361,988$401,164▲ $39,176
Other Assets Total$0$22,618▲ $22,618
Liabilities
Other Liabilities$21,021$64,225▲ $43,204
Accounts Payable and Accrued Expenses$7,501$7,340▼ $161
Total Liabilities$28,522$71,565▲ $43,043
Net Assets / Fund Balance
Unrestricted Net Assets$333,466$318,281▼ $15,185
Temporarily Rstr Net Assets-$11,318-
Total Net Assets Fund Balance$333,466$329,599▼ $3,867
Total Liabilities and Net Assets / Fund Balance$361,988$401,164▲ $39,176

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$4,618--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lisa Dominici FariesPresident
Angie GasparroVice President
KIM O'CONNORVice President
Kristin JautzVice President
Lisa ChenVice President
Lisa Hogan LuthringerVice President
Sharon CammisaVice President
Amy GormanBoard of Director
Dave BluvolBoard of Director
Elizabeth LukesBoard of Director
Holly SimmonsBoard of Director
James LubeckBoard of Director
Jennifer SwansonBoard of Director
Joan SullivanBoard of Director
Julie AndersonBoard of Director
Kassandra SouplyBoard of Director
Lisa KeeganBoard of Director
Nina AckermanBoard of Director
Shari BalaishBoard of Director
Stephen FairchildBoard of Director
Wendy GarfinkelBoard of Director
Ward UrbanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$328,447
Program Service Revenue
$0
Investment Income
$7,940
Other Revenue
$-70,276
All Other Contributions
$100,660
Change in Net Assets
$-8,902

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table29$18,725Fair Market Value (FMV)
Other Non Cash Contri Table1$15,000Fair Market Value (FMV)
Other Non Cash Contri Table1$6,000Fair Market Value (FMV)
Other Non Cash Contri Table1$5,000Fair Market Value (FMV)
Other Non Cash Contri Table1$5,000Fair Market Value (FMV)
Other Non Cash Contri Table1$5,000Fair Market Value (FMV)
Total Noncash Contributions34$54,725-

Audited Revenue Reconciliation

Revenue per Audited Statements
$266,111
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$110,868
Total Revenue per Audited Statements
$376,979
Total Revenue per Form 990
$266,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$205,765
Other Expenses$69,248
Total Fundraising Expense$39,218
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,149$24,960$26,217$170,326
Payroll Taxes$13,840$3,013$3,165$20,018
Occupancy$5,923$7,616$3,385$16,924
Pension Plan Contributions$11,503$1,959$1,959$15,421
Fees for Services Accounting-$7,340-$7,340
All Other Expenses$2,479$3,753$894$7,126
Insurance$1,518$3,591$325$5,434
Other Expenses$5,356$4,696$1,512$5,356
Interest-$2,634-$2,634
Office Expenses-$1,978-$1,978
Travel$823--$823
Total Functional Expenses$168,784$67,011$39,218$275,013

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$388,713
Expenses per Audited Statements$275,013
Total Expenses per Form 990$275,013
Expenses Not Reported on Form 990$113,700
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$113,700
Fundraising Gross Income$43,424
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mvp Gala$193,125$38,300$41,886$-3,586
Spring Luncheon$34,586$5,124$2,470$2,654
Total Events$227,711$43,424$113,700$-70,276
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans Payable$64,225
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 4

The by-laws were amended and restated.

Form 990, Part VI, Section B, Line 11

The tax return is reviewed by the treasurer and board chair. It is then handed to the president to be signed and sent out.

Form 990, Part VI, Section B, Line 12C

The organization gives out copies of the conflict of interest policy for staff and employees to review. After the policies are reviewed it is signed and returned to confirm the conflict of interest policies of the organization are understood and endorsed.

Form 990, Part VI, Section C, Line 19

Documents are available on another's website as well as upon request.

Filing and Contact Details

Filer

Filer Name
Rye Youth Council Inc
EIN
23-7170074
Phone
9149673838
Address
21 LOCUST AVENUE, RYE, NY 10580

Signing Officer

Name
Ward Urban
Title
Treasurer
Phone
9149673838
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ward Urban
Formed
1984
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
22
Employees
4
Volunteers
15

Preparer

Firm
Maier Markey & Justic Llp
Address
222 BLOOMINGDALE ROAD SUITE 400, WHITE PLAINS, NY 10605
Preparer
Bernadette H Schopfer
Phone
9146449200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The financial accounting standards board ("fasb") issued codification topic 740, accounting for income taxes, for nonpublic organizations, which requires entities to disclose in their financial statements the nature of any uncertainty in their tax position. For tax-exempt entities, their tax-exempt status itself is deemed to be an uncertainty in their tax position, since events could potentially occur to jeopardize their tax exempt status. The organization's accounting policy for evaluating uncertain tax positions is in accordance with the cash basis of accounting. The organization has not recognized any benefits from uncertain tax positions for the year ended june 30, 2016 and believes it has no uncertain tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within 12 months of the statement of assets, liabilities, and net assets cash basis.

Part XI, Line 2D and Part XII, Line 2D

Direct fundraising expenses in the amount of $113,700 are included in the attachment of functional expenses on the audited financial statements. In accordance with the instructions for form 990, part viii, line 8b, these expenses are reported as a reduction of gross from fundraising events.

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IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD OF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD OF DIRECTOR
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