Civic Intelligence

Yemba Inc

990 • Fiscal year 2024 • EIN 33-1206650

Apr 01, 2023 to Mar 31, 2024 • Filed on Apr 14, 2025

218 Lake StOak Park, IL 60302

(708) 719-6701

Siviq Scores

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

Liabilities / Assets

79th percentile

0.25x

Higher debt load relative to assets than 79% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.34x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$100,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

92nd percentile

84%

Faster asset growth than 92% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

47%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$856,914

Up $392,230 (+84%) from 2023

Net Assets

Up

$644,799

Up $370,832 (+135%) from 2023

Liabilities

Up

$212,115

Up $21,398 (+11%) from 2023

Revenue

Up

$618,372

Up $197,316 (+47%) from 2023

Expenses

Up

$390,262

Up $119,908 (+44%) from 2023

Net Income

Up

$228,110

Up $77,408 (+51%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2021: $140,073Liabilities 2021: $23,410Net Assets 2021: $116,6632021Assets 2022: $320,568Liabilities 2022: $197,344Net Assets 2022: $123,2242022Assets 2023: $464,684Liabilities 2023: $190,717Net Assets 2023: $273,9672023Assets 2024: $856,914Liabilities 2024: $212,115Net Assets 2024: $644,7992024Assets 2025: $703,133Liabilities 2025: $189,262Net Assets 2025: $513,8712025

Highlighted filing

2024

Assets$856,914
Liabilities$212,115
Net Assets$644,799

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $264,310Expenses 2021: $204,906Net Income 2021: $59,4042021Revenue 2022: $204,400Expenses 2022: $197,928Net Income 2022: $6,4722022Revenue 2023: $421,056Expenses 2023: $270,354Net Income 2023: $150,7022023Revenue 2024: $618,372Expenses 2024: $390,262Net Income 2024: $228,1102024Revenue 2025: $408,542Expenses 2025: $539,470Net Income 2025: -$130,9282025

Highlighted filing

2024

Revenue$618,372
Expenses$390,262
Net Income$228,110
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Apr 14, 2025
Return Version
2023v6.0
Gross Receipts
$619,603
Mission and Program Overview

Mission

To educate our youth mentally, physically and spiritually with a lifelong learning and service experience through group mentorship that will equip them with the knowledge and tools for leadership development and success in life.

To educate our youth mentally, physically and spiritually with a life-long learning and service experience through group mentorship that will equip them with the knowledge and tools for leadership development and success in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$239,883$398,862▲ $158,979
Land, Buildings, and Equipment, Net$224,801$328,995▲ $104,194
Pledges and Grants Receivable-$129,057-
Total Assets$464,684$856,914▲ $392,230
Liabilities
Mortgage Notes Payable Secured by Investment Property$190,717$182,597▼ $8,120
Deferred Revenue-$22,144-
Accounts Payable and Accrued Expenses-$7,374-
Total Liabilities$190,717$212,115▲ $21,398
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$273,967$644,799▲ $370,832
Total Net Assets Fund Balance$273,967$644,799▲ $370,832
Total Liabilities and Net Assets / Fund Balance$464,684$856,914▲ $392,230

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$216,832$15,485$232,317
Equipment$47,458$11,615$59,073
Leasehold Improvements$41,705$2,162$43,867
Land$23,000-$23,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Edward ReddExecutive DirectorFT$100,000$100,000

Board Members and Trustees

NameTitle
Michael J PadavicChairman
Crystal BrownBoard Member
Damon S BrownBoard Member
Darryl MartinBoard Member
Demea Richards ScottBoard Member
Akeisha KingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$612,933
Program Service Revenue
$0
Investment Income
$38
Other Revenue
$5,401
All Other Contributions
$319,077
Change in Net Assets
$228,110

Audited Revenue Reconciliation

Revenue per Audited Statements
$618,372
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$618,372
Total Revenue per Form 990
$618,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$260,299
Salaries, Compensation, and Employee Benefits$124,963
Total Fundraising Expense$20,900
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$93,094$38,122$14,945$146,161
Current Officers, Directors, Trustees, and Key Employees$85,905$9,396$4,698$99,999
Office Expenses$19,535$22,804$28$42,367
Depreciation Depletion$16,234$2,864-$19,098
Occupancy$5,314$7,150-$12,464
Information Technology$8,000$2,839-$10,839
Payroll Taxes$7,917$931$466$9,314
Other Employee Benefits$7,842$923$461$9,226
Interest-$7,361-$7,361
Other Salaries and Wages$5,518$604$302$6,424
Travel$3,492$1,714-$5,206
Grants to Domestic Individuals$5,000--$5,000
Insurance-$3,780-$3,780
Fees for Services Accounting-$3,678-$3,678
Advertising$1,815--$1,815
Other Expenses$100--$100
Total Functional Expenses$267,196$102,166$20,900$390,262

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$390,262
Total Expenses per Audited Statements$390,262
Total Expenses per Form 990$390,262
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stacy ReddMother of Edward Redd, Executive DirectorOutside ConsultantNo$13,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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 A, Line 2

Damon brown and crystal brown are related.

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is made available to all board members prior to its filing.

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

Conflicts of interest are disclosed annually and monitored by the board executive officers.

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

The executive director's performance information is gathered for each board member. From this input, the executive committee meets with the executive director to review performance, adjust salary and set goals.

Form 990, Part VI, Section C, Line 19

All governing documents, policies and financial statements are available upon written request.

Filing and Contact Details

Filer

Filer Name
Yemba Inc
EIN
33-1206650
Phone
7087196701
Address
218 LAKE ST, OAK PARK, IL 60302

Signing Officer

Name
Akeisha King
Title
Treasurer
Phone
7087196701
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Redd
Formed
2009
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
100

Preparer

Firm
Sassetti LLC
Address
2107 SWIFT DRIVE SUITE 210, OAK BROOK, IL 60523
Preparer
Timothy G Griffith
Phone
7083861433
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll processing fees: program service expenses 0. Management and general expenses 4,288. Fundraising expenses 0. Total expenses 4,288. Professional fees: program service expenses 93,094. Management and general expenses 33,834. Fundraising expenses 14,945. Total expenses 141,873.

Financial Statement Notes

PART X, LINE 2:

The organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The organization has identified no significant income tax uncertainties. The organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the irs.

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IRS990ScheduleA/PublicSupportTotal170Amt01352315
IRS990ScheduleA/SubstantialContributorsTotAmt0170605
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0612933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0331370
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0132257
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0264294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0182066
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01522920
IRS990ScheduleA/TotalSupportAmt01540478
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0216832
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015485
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0232317
IRS990ScheduleD/EquipmentGrp/BookValueAmt047458
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011615
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059073
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0390262
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt023000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt023000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt041705
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02162
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt043867
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0618372
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0328995
IRS990ScheduleD/TotalExpensesPerForm990Amt0390262
IRS990ScheduleD/TotalRevenuePerForm990Amt0618372
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0618372
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0390262
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0STACY REDD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0MOTHER OF EDWARD REDD, EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt013000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0OUTSIDE CONSULTANT
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAMON BROWN AND CRYSTAL BROWN ARE RELATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST ARE DISCLOSED ANNUALLY AND MONITORED BY THE BOARD EXECUTIVE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S PERFORMANCE INFORMATION IS GATHERED FOR EACH BOARD MEMBER. FROM THIS INPUT, THE EXECUTIVE COMMITTEE MEETS WITH THE EXECUTIVE DIRECTOR TO REVIEW PERFORMANCE, ADJUST SALARY AND SET GOALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,288. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,288. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 93,094. MANAGEMENT AND GENERAL EXPENSES 33,834. FUNDRAISING EXPENSES 14,945. TOTAL EXPENSES 141,873.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0464684
IRS990/TotalAssetsEOYAmt0856914
IRS990/TotalAssetsGrp/BOYAmt0464684
IRS990/TotalAssetsGrp/EOYAmt0856914
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0612933
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020900
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0102166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0267196
IRS990/TotalFunctionalExpensesGrp/TotalAmt0390262
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0190717
IRS990/TotalLiabilitiesEOYAmt0212115
IRS990/TotalLiabilitiesGrp/BOYAmt0190717
IRS990/TotalLiabilitiesGrp/EOYAmt0212115
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0273967
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0644799
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0267196
IRS990/TotalReportableCompFromOrgAmt0100000
IRS990/TotalRevenueGrp/ExclusionAmt038
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05401
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0618372
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0464684
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0856914
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01714
IRS990/TravelGrp/ProgramServicesAmt03492
IRS990/TravelGrp/TotalAmt05206
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0218 LAKE ST
IRS990/USAddress/CityNm0OAK PARK
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060302
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.YEMBA-INC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AKEISHA KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07087196701
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YEMBA INC
ReturnHeader/Filer/BusinessNameControlTxt0YEMB
ReturnHeader/Filer/EIN0331206650

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