Civic Intelligence

Young Chances Foundation

990 • Fiscal year 2021 • EIN 45-5441493

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 15, 2022

Organization ProfileN/A
2703 Tasker StreetPhiladelphia, PA 19145

(215) 303-5532

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin36th percentile

Revenue

$15,000

No earlier filing loaded for comparison.

Expenses

$15,000

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Net Assets 2022: $02022Assets 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0Revenue 2021: $15,000Expenses 2021: $15,000Net Income 2021: $02021Revenue 2022: $15,000Expenses 2022: $15,000Net Income 2022: $02022Revenue 2023: $02023Revenue 2024: $200,000Expenses 2024: $200,000Net Income 2024: $02024

Highlighted filing

2021

Revenue$15,000
Expenses$15,000
Net Income$0
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 15, 2022
Return Version
2021v4.1
Gross Receipts
$15,000
Mission and Program Overview

Mission

Educational, sports and activities field trips for children

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Tyrique GlasgowPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$15,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,000
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$4,300$0$0$4,300
Insurance$1,700$0$0$1,700
Other Expenses$1,000$0$0$1,000
Total Functional Expenses$15,000$0$0$15,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Young Chances Foundation
EIN
45-5441493
Phone
2153035532
Address
2703 TASKER STREET, PHILADELPHIA, PA 19145

Signing Officer

Name
Tyrique Glasgow
Title
Director
Phone
2153035532
Signed
2022-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tyrique Glasgow
Formed
2012
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Drake Tax Services
Address
2201 S BEECHWOOD STREET, PHILADELPHIA, PA 19145
Preparer
Anthony F Drake
Phone
2153363399
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The member of the governing body is the one providing information to complete the 990”

Pt VI, Line 19

“The financial statements are available upon request to the officer”

Pt III, Line 2

“No difference from last year”

Pt III, Line 3

“NO CHANGES”

Pt V, Line 3B

“No additional compensation”

Pt V, Line 13A

“N/A”

Pt V, Line 14B

“NO SERVICES OF THIS KIND”

Form 990, Part IX, Line 24E

“Voluntee incentives 2500. 2500. 0. 0.”

Form 990, Part IX, Line 24E

“POSTAGE 100. 100. 0. 0.”

Form 990, Part IX, Line 24E

“Phone & technology 1000. 1000. 0. 0.”

Form 990, Part IX, Line 24E

“Office supplies 500. 500. 0. 0.”

Form 990, Part IX, Line 24E

“PRINTING 200. 200. 0. 0.”

Raw XML Appendix267 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/AllOtherExpensesGrp/TotalAmt04300
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IRS990/BooksInCareOfDetail/PhoneNum02153035532
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt06000
IRS990/GrantAmt06000
IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt015000
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IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
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IRS990/InsuranceGrp/TotalAmt01700
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0EDUCATIONAL, SPORTS AND ACTIVITIES FIELD TRIPS FOR CHILDREN
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0RENT
IRS990/OtherExpensesGrp/Desc1GAS
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IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
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IRS990/OtherExpensesGrp/ProgramServicesAmt06000
IRS990/OtherExpensesGrp/ProgramServicesAmt11000
IRS990/OtherExpensesGrp/ProgramServicesAmt21000
IRS990/OtherExpensesGrp/ProgramServicesAmt31000
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IRS990/OtherExpensesGrp/TotalAmt11000
IRS990/OtherExpensesGrp/TotalAmt21000
IRS990/OtherExpensesGrp/TotalAmt31000
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd0false
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TYRIQUE GLASGOW
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt015000
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/TestPublicSafetyInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBER OF THE GOVERNING BODY IS THE ONE PROVIDING INFORMATION TO COMPLETE THE 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE OFFICER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DIFFERENCE FROM LAST YEAR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10OFFICE SUPPLIES 500. 500. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TYRIQUE GLASGOW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02153035532
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YOUNG CHANCES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0YOUN
ReturnHeader/Filer/EIN0455441493
ReturnHeader/Filer/PhoneNum02153035532
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
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ReturnHeader/PreparerPersonGrp/PhoneNum02153363399
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY F DRAKE
ReturnHeader/ReturnTs02022-07-20T12:13:38-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TYRIQUE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GLASGOW
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$15,000
Expenses
$15,000
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$2.00$2.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.15$0.15$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.15$0.15$0.00