Civic Intelligence

Young Eisner Scholars

990 • Fiscal year 2022 • EIN 27-2633827

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 25, 2023

PO Box 3085Inglewood, CA 90304

(310) 419-1845

Siviq Scores

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

Liabilities / Assets

28th percentile

0.03x

Higher debt load relative to assets than 28% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

22nd percentile

0.04x

Higher debt load relative to revenue than 22% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

92nd percentile

61%

Higher net margin than 92% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

52nd percentile

$126,306

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

85th percentile

32%

Faster asset growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

186%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$7,496,072

Up $1,808,055 (+32%) from 2021

Net Assets

Up

$7,287,787

Up $3,100,137 (+74%) from 2021

Liabilities

Down

$208,285

Down $1,292,082 (-86%) from 2021

Revenue

Up

$5,668,464

Up $3,685,568 (+186%) from 2021

Expenses

Up

$2,202,748

Up $498,331 (+29%) from 2021

Net Income

Up

$3,465,716

Up $3,187,237 (+1145%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $372,107Liabilities 2010: $0Net Assets 2010: $372,1072010Assets 2013: $3,249,893Liabilities 2013: $3,807Net Assets 2013: $3,246,0862013Assets 2017: $3,888,671Liabilities 2017: $19,515Net Assets 2017: $3,869,1562017Assets 2018: $3,839,540Liabilities 2018: $61,790Net Assets 2018: $3,777,7502018Assets 2019: $3,973,805Liabilities 2019: $120,947Net Assets 2019: $3,852,8582019Assets 2020: $4,447,723Liabilities 2020: $567,736Net Assets 2020: $3,879,9872020Assets 2021: $5,688,017Liabilities 2021: $1,500,367Net Assets 2021: $4,187,6502021Assets 2022: $7,496,072Liabilities 2022: $208,285Net Assets 2022: $7,287,7872022Assets 2024: $6,090,278Liabilities 2024: $105,062Net Assets 2024: $5,985,2162024

Highlighted filing

2022

Assets$7,496,072
Liabilities$208,285
Net Assets$7,287,787

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,0712010Expenses 2013: $897,6442013Revenue 2017: $1,477,941Expenses 2017: $1,487,462Net Income 2017: -$9,5212017Revenue 2018: $1,758,823Expenses 2018: $1,755,716Net Income 2018: $3,1072018Revenue 2019: $1,964,337Expenses 2019: $1,990,770Net Income 2019: -$26,4332019Revenue 2020: $1,746,878Expenses 2020: $1,765,497Net Income 2020: -$18,6192020Revenue 2021: $1,982,896Expenses 2021: $1,704,417Net Income 2021: $278,4792021Revenue 2022: $5,668,464Expenses 2022: $2,202,748Net Income 2022: $3,465,7162022Revenue 2024: $891,057Expenses 2024: $2,235,460Net Income 2024: -$1,344,4032024

Highlighted filing

2022

Revenue$5,668,464
Expenses$2,202,748
Net Income$3,465,716
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 25, 2023
Return Version
2021v4.2
Gross Receipts
$6,328,848
Mission and Program Overview

Mission

Dedicated to promoting America's promise of equal opportunity for equal talent, YES identifies promising young students from low-income communities in Los Angeles, New York City, Chicago, and rural Appalachian North Carolina and equips them with the (con Sch O) resources, support, and skills required for long term success. YES helps to reshape the landscapes of disadvantaged communities by empowering underserved students to embrace educational opportunities and to overcome socio-economic boundaries in order to make college and career success an attainable goal.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,245,203$3,216,531▲ $1,971,328
Investments in Publicly Traded Securities$2,744,163$2,500,836▼ $243,327
Pledges and Grants Receivable$492,700$1,635,606▲ $1,142,906
Savings and Temporary Cash Investments$81,892$92,214▲ $10,322
Prepaid Expenses and Deferred Charges$194,471$44,295▼ $150,176
Land, Buildings, and Equipment, Net$11,809$4,265▼ $7,544
Intangible Assets-$1,255-
Accounts Receivable$909,889$120▼ $909,769
Total Assets$5,688,017$7,496,072▲ $1,808,055
Other Assets Total$7,890$950▼ $6,940
Liabilities
Deferred Revenue$1,190,001--
Accounts Payable and Accrued Expenses$133,421$207,030▲ $73,609
Other Liabilities$176,945$1,255▼ $175,690
Total Liabilities$1,500,367$208,285▼ $1,292,082
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,634,705$4,667,579▲ $1,032,874
Net Assets With Donor Restrictions$552,945$2,620,208▲ $2,067,263
Total Net Assets Fund Balance$4,187,650$7,287,787▲ $3,100,137
Total Liabilities and Net Assets / Fund Balance$5,688,017$7,496,072▲ $1,808,055

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,265$70,395$74,660
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rebecca TuckerExecutive DirectorFT$116,346$9,960$126,306
Eric EisnerPresidentPT$12,480$8,041$20,521

Board Members and Trustees

NameTitle
Elizabeth CallenderBoard Chair
Allen ShapiroDirector
Dawn OlmsteadDirector
Jamie FoxxDirector
Peter BenedekDirector
Ramon RodriguezDirector
Roger Birnbaumdirector
Sarah HernandezDirector
Skip BrittenhamDirector
Tricia CardosoDirector
Adan AcevedoSecretary
Drew ZagerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Three Wishes Tours IncEntertainment-Gala1880 Century Park East Suite 1600, Los Angeles, CA 90067$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$6,136,809
Program Service Revenue
$0
Investment Income
$66,239
Other Revenue
$-534,584
All Other Contributions
$2,060,231
Change in Net Assets
$3,465,716

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
Securities Publicly Traded3$70,199price-security exchange
Total Noncash Contributions3$70,199-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,668,464
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$281,584
Total Revenue per Audited Statements
$5,950,048
Total Revenue per Form 990
$5,668,464
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,248,893
Grants and Similar Amounts Paid$545,824
Other Expenses$408,031
Total Fundraising Expense$242,133
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$785,180$92,671$47,471$925,322
Grants to Domestic Individuals$545,824--$545,824
Current Officers, Directors, Trustees, and Key Employees$19,198$61,433$67,833$148,464
Other Employee Benefits$101,969$2,073$2,391$106,433
Fees for Services Other$9,411$47,545$37,968$94,924
Fees for Services Accounting$33,112$48,186$4,985$86,283
Payroll Taxes$51,427$9,216$8,031$68,674
All Other Expenses$15,473$18,323$7,769$41,565
Travel$15,661$3,711$12,468$31,840
Fees for Services Legal-$24,253-$24,253
Insurance$15,567$3,169$2,345$21,081
Information Technology$8,572$914$2,186$11,672
Other Expenses$4,587$4,089$1,037$9,713
Depreciation Depletion$7,544--$7,544
Conferences and Meetings$1,809$368$230$2,407
Total Functional Expenses$1,642,762$317,853$242,133$2,202,748

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,849,911
Expenses per Audited Statements$2,202,748
Total Expenses per Form 990$2,202,748
Expenses Not Reported on Form 990$647,163
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$580,297
Fundraising Gross Income$45,400
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Anniversary Gala$3,945,033$45,400$363,969$-318,569
Total Events$3,945,033$45,400$580,297$-534,897
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
lease liability$1,255
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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 B, line 11B

A draft return was reviewed by the current board , executive director as well as a representative from the current accounting firm responsible for the organization's books. Any comments will be discussed with outside CPA and any necessary changes will be made to the return prior to filing.

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

On an annual basis, all board members and officers are required to sign a written statement stating they have read the written conflict of interest policy statement and have disclosed all known possible conflicts.

Form 990, Part VI, Section B, line 15A

In determining Executive Director Rebecca Tucker compensation, the board chair obtained outside data from GuideStar's Annual Compensation Report as well the California Center for Nonprofit Management Compensation Guide. A recommendation was made to the finance committee who approved such compensation and then further presented to the full board for their approval.

Form 990, Part VI, Section C, line 19

The conflict of interest policy, audited financial statements, last three years of Form 990, and Form 1023 are available upon request.

Filing and Contact Details

Filer

Filer Name
Young Eisner Scholars
EIN
27-2633827
Phone
3104191845
Address
PO Box 3085, Inglewood, CA 90304

Signing Officer

Name
Rebecca Tucker
Title
Executive Director
Phone
3104191845
Signed
2023-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Tucker
Formed
2010
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
12
Employees
24
Volunteers
40

Preparer

Firm
Michael Berry CPA
Address
PO Box 5045, Culver City, CA 90231-5045
Preparer
Michael Berry
Phone
3108382204
Supplemental Narrative

Additional Explanations

part I, line 1

Young Eisner Scholars ("YES") is a 501(c)3 nonprofit organization with over two decades of education development work in underserved communities in Los Angeles, New York City, Chicago, and rural Appalachian North Carolina. For bright, ambitious students from low-income neighborhoods, a college degree represents a clear path out of the crippling cycle of generational poverty. However, this potential is often stifled by their circumstances: a lack of exposure and access due to financial, educational, and social inequality. YES identifies promising young students from Title I middle schools, and provides them with the essential resources and support necessary to make college and career success attainable goals. We aim for each student to have the opportunity to make choices about their educational and professional pursuits that are not restricted by their socio-economic limitations. YES support is long-term and holistic, meeting the needs of our scholars at every level - academic, socio-emotional, mental & physical health, financial - and beginning in 6th grade and continuing through high school, college, and beyond career placement. At each level, YES works to address the multitude of challenges that historically have prevented low-income students from accessing academic, social, and career opportunities. YES provides the essential academic, social, and cultural preparation necessary for our scholars to overcome the opportunity, achievement, and awareness gaps endemic to their socioeconomic status.

Financial Statement Notes

Part X, Line 2:

Young Eisner Scholars is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and California income taxes under section 23701(d) of the California Revenue and Taxation Code. The IRS classified the organization as one that is not a private foundation within the meaning of section 509(a) of the Code because it is an organization described in section(s) 509(a)(1) and 170(b)(1)(A)(vi). Young Eisner Scholars is required to pay an annual filing fee to the State of California and other states it operates in. Young Eisner Scholars has adopted Financial Accounting Standards Board Accounting Standards Codification (ASC) Section 740-10, which clarifies the accounting for uncertainty in income taxes. ASC Section 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Section 740-10 requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the year ended August 31, 2022, the Organization had no material unrecognized tax benefits, tax penalties or interest. Young Eisner Scholars' Forms 990, Return of Organization Exempt from Income Tax, for the years ended August 31, 2021, 2020, 2019, are subject to examination by the IRS, generally for 3 years after they were filed. Young Eisner Scholars' Forms 199, California Exempt Organization Return, for each of the tax years ended August 31, 2021, 2020, 2019, and 2018, are subject to examination by the Franchise Tax Board, generally for 4 years after they were filed.

Part XI, Line 2D - Other Adjustments:

fundraiser expenses included in expenses on audited financial statements 580,297.

Part XII, Line 2D - Other Adjustments:

Fundraiser expenses netted against fundraising income reported on form 990 580,297.

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IRS990/Desc0YES support begins once scholars are identified in the 6th grade (and sometimes as early as elementary school). We utilize a data-driven approach to student support, consisting of three scaffolded phases, each focused on developing core skills and providing essential supplemental resources to ensure that students are competitive with their more privileged counterparts. Our middle school programming is centered around a rigorous math and logic curriculum designed to improve critical thinking, literacy, and self-expression, as well as prepare them for admittance to competitive independent high schools. Middle school scholars also participate in robust summer programming designed to build cultural capital and prevent academic summer backslides. Armed with what they've learned from our (con Sch O) thorough middle school programming, scholars are accepted to and attend the country's most competitive independent, public, boarding, and charter high schools, from Harvard-Westlake to Exeter to Bronx Science. The YES high school program then builds on the skills they acquired in middle school, with an even more individualized approach to student success: connections to summer programs, academic tutoring, internship opportunities, mentoring, topical workshops, social-emotional wellness, and individualized college admissions counseling, including college tours and high-level standardized test prep. This programming is specifically designed to help foster independence and self-advocacy. The third phase is focused on college success, persistence, and graduation, as well as career placement. Our staff maintains frequent contact with YES college scholars, helping to adapt them to all aspects of the more challenging environment of college. We provide our scholars with the means to access both crucial and transformative social immersion opportunities around the country and the world, endowing them with the interpersonal, critical thinking and communication skills necessary to become competitive candidates for the workforce. From neighborhoods where fewer than 10% of adults have a college degree, 100% of YES scholars are accepted to the finest colleges across the country. More importantly, 94% of those students persist and graduate! YES scholars are attending and have graduated from medical, dental, & law school, as well as a variety of graduate programs across the country. Our graduates are excelling in careers spanning every field and are employed at companies including Apple, Morgan Stanley, Google, Bain, The LA Philharmonic, Teach for America, Goldman Sachs, Mercedes Benz, Amazon, F/X Networks, Autodesk, The National Park Service, City of Hope, and LinkedIn .Over 85% of our scholars are first-generation college students, and 87% qualify as low or super-low income. YES-LA serves scholars across Greater Los Angeles County-from Watts, Inglewood, & South Bay to East Los Angeles, Boyle Heights, & downtown Los Angeles. In New York City, scholars are identified from six public schools in Harlem District 5. YES-Chicago serves students from the South Side and West Side, and our Appalachian scholars are identified in rural public schools in Watauga & Ashe Counties in Western North Carolina. YES currently serves over 720 students across the country and grows by approximately 75 students annually.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Eric Eisner
IRS990/Form990PartVIISectionAGrp/PersonNm1Elizabeth Callender
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IRS990/Form990PartVIISectionAGrp/PersonNm7Sarah Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm8Allen Shapiro
IRS990/Form990PartVIISectionAGrp/PersonNm9Tricia Cardoso
IRS990/Form990PartVIISectionAGrp/PersonNm10Dawn Olmstead
IRS990/Form990PartVIISectionAGrp/PersonNm11Jamie Foxx
IRS990/Form990PartVIISectionAGrp/PersonNm12Ramon Rodriguez
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IRS990/MissionDesc0Dedicated to promoting America's promise of equal opportunity for equal talent, Young Eisner Scholars ("YES Scholars") identifies promising young students from low-income communities in Los Angeles, New York City, Chicago, and rural Appalachian North (con Sch O) Carolina and provides the long-term educational access, resources and support necessary to make college and career success an attainable goal.
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