Form 990, Part VI, Section A, Line 2
“Two of the organization's board members, laurence moskowitz and adam selig are partners of lumentus holdings llc. Laurence moskowitz serves as the ceo of lumentus, and adam selig serves as the coo of lumentus.”
Scores are not available for this record yet.
Assets
Up$544,546
Up $232,849 (+75%) from 2014
Net Assets
Flat$0
Flat from 2014
Liabilities
Up$544,546
Up $232,849 (+75%) from 2014
Revenue
Up$2,071,111
Up $900,129 (+77%) from 2014
Expenses
Up$2,078,446
Up $900,311 (+76%) from 2014
Net Income
Down-$7,335
Down $182 (-2.5%) from 2014
To provide educational instruction and training to all people (with a focus on america's youth) in making informed decisions to improve and develop their futures as well as america's future. Youngamerica.org's tenents are based upon fostering self-reliance, private enterprise and america's competitive spirit, and aims to re-kindle these sentiments to america's youth. It is america's youth who must inherit our economic environment and will ultimately be responsible for its progression.youngamerica.org's primary focus is the development and distribution of materials to educate people with respect to economic issues and their impact on employment opportunities. All funds are used to create substantive content and to support the distribution of this content to the audience. The primary means of education will be the creation of videos and graphics that explain economics and the primary means of distribution will be social media.
Youngamerica.org's primary focus is the development and distribution of materials to educate people with respect to economic issues and their impact on employment opportunities. All funds are used to create substantive content and to support the distribution of this content to the audience.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $302,313 | $250,102 | ▼ $52,211 |
| Savings and Temporary Cash Investments | - | $226,426 | - |
| Prepaid Expenses and Deferred Charges | $0 | $31,265 | ▲ $31,265 |
| Land, Buildings, and Equipment, Net | $6,829 | $5,253 | ▼ $1,576 |
| Total Assets | $311,697 | $544,546 | ▲ $232,849 |
| Other Assets Total | $2,555 | $31,500 | ▲ $28,945 |
| Liabilities | |||
| Deferred Revenue | $264,815 | $434,613 | ▲ $169,798 |
| Accounts Payable and Accrued Expenses | $46,882 | $109,933 | ▲ $63,051 |
| Total Liabilities | $311,697 | $544,546 | ▲ $232,849 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $0 | $0 | → $0 |
| Total Liabilities and Net Assets / Fund Balance | $311,697 | $544,546 | ▲ $232,849 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,328 | $1,665 | $4,993 |
| Other Land Buildings | $1,925 | $962 | $2,887 |
| Other Assets Org | $31,500 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Jesse Jacobs | Executive Director | FT | $70,540 | $70,540 |
| John Lang | Treasurer | PT | $3,000 | $3,000 |
| Gabrielle Jackson | Board Member | - | $500 | $500 |
| Name | Title |
|---|---|
| June Chen | Vice President to 6/1/15 |
| Laurence Moskowitz | Secretary to 8/1/15 |
| Adam Selig | Treasurer to 8/1/15 |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Lumentus Holdings LLC | Media/communication Svc | 99 MADISON AVENUE 9TH FLOOR, New York, NY 10016 | $485,750 |
| F2f Media INC | Media/communication Svc | 10701 WILSHIRE BLVD APT 701, Los Angeles, CA 90024 | $131,000 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,676,801 |
| Salaries, Compensation, and Employee Benefits | $401,645 |
| Total Fundraising Expense | $14,598 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $506,700 | $322,394 | - | $829,094 |
| Information Technology | $444,139 | $42,230 | - | $486,369 |
| Other Salaries and Wages | $236,983 | $50,551 | - | $287,534 |
| Occupancy | - | $120,760 | - | $120,760 |
| Travel | $43,428 | $38,057 | $14,598 | $96,083 |
| Current Officers, Directors, Trustees, and Key Employees | $35,270 | $40,270 | - | $75,540 |
| Office Expenses | $15,492 | $26,043 | - | $41,535 |
| Conferences and Meetings | $38,726 | - | - | $38,726 |
| Payroll Taxes | $22,677 | $11,487 | - | $34,164 |
| Other Expenses | $10,350 | $21,085 | - | $31,435 |
| Fees for Services Accounting | - | $18,259 | - | $18,259 |
| Depreciation Depletion | - | $8,911 | - | $8,911 |
| Fees for Services Legal | - | $3,369 | - | $3,369 |
| Pension Plan Contributions | $995 | $1,904 | - | $2,899 |
| Insurance | - | $2,260 | - | $2,260 |
| Other Employee Benefits | - | $1,508 | - | $1,508 |
| Total Functional Expenses | $1,354,760 | $709,088 | $14,598 | $2,078,446 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $2,078,446 |
| Expenses per Audited Statements | $2,071,111 |
| Total Expenses per Audited Statements | $2,071,111 |
| Expenses Not Reported on Financial Statements | $7,335 |
| Other Expense Adjustments | $7,335 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | PARTNERSHIP MORE THAN 5% OWNED BY TWO (2) DIRECTORS, L.MOSCOWITZ & A.SELIG | CONTRACT SERVICES: LAURENCE MOSKOWITZ SERVES AS THE CEO AND ADAM SELIG SERVES AS THE COO OF LUMENTUS HOLDINGS LLC. ANY DECISIONS WITH RESPECT TO TRANSACTIONS WITH LUMENTUS HOLDINGS LLC WILL BE MADE IN ACCORDANCE WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY. ACCORDINGLY, THE ROLE OF MR. MOSKOWITZ AND/OR MR. SELIG WITH RESPECT TO SUCH TRANSACTIONS WILL BE LIMITED AS SET FORTH IN THE CONFLICT OF INTEREST POLICY AS "INTERESTED PERSONS". IN ADDITION, THE RATE OF COMPENSATION SET FORTH IN THE CONSULTING AGREEMENT IS APPROXIMATELY 20% LESS THAN THE STANDARD RATE CHARGED BY LUMENTUS HOLDINGS LLC TO COMMERCIAL CLIENTS FOR SIMILAR SERVICES. | No | $605,500 |
“Two of the organization's board members, laurence moskowitz and adam selig are partners of lumentus holdings llc. Laurence moskowitz serves as the ceo of lumentus, and adam selig serves as the coo of lumentus.”
“A draft of the annual form 990 is provided to all board members which they review prior to filing to confirm its accuracy.”
“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews of the conflict of interest policy shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining; and whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”
“A periodic review will be made by the board of directors to determine whether compensation arrangements and benefits are reasonable, based on a competent survey and results of arms-length bargaining.”
“The application for tax exempt status (form 1023) and yearly form 990 are made available upon request at the offices of youngamerica.org, inc.s office during business hours.”
“The organization makes its governing documents, conflict of interest policy, board minutes, and financial statements available upon request at the offices of youngamerica.org, inc's office during business hours.”
“The organization hereby amends the 990 return for the year ending 12/31/2015 to correct an independent contractor listing.”
“Campus activities: program service expenses 24,987. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,987. Fellowship expense: program service expenses 116,290. Management and general expenses 0. Fundraising expenses 0. Total expenses 116,290. Genfkd speakers bureau expense: program service expenses 12,934. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,934. Project management: program service expenses 0. Management and general expenses 176,000. Fundraising expenses 0. Total expenses 176,000. Video projects: program service expenses 89,904. Management and general expenses 13,284. Fundraising expenses 0. Total expenses 103,188. Strategy & media services: program service expenses 0. Management and general expenses 34,000. Fundraising expenses 0. Total expenses 34,000. Contract labor: program service expenses 25,250. Management and general expenses 40,500. Fundraising expenses 0. Total expenses 65,750. Rewards: program service expenses 483. Management and general expenses 0. Fundraising expenses 0. Total expenses 483. Other: program service expenses 149,712. Management and general expenses 0. Fundraising expenses 0. Total expenses 149,712. Outside contract services: program service expenses 8,875. Management and general expenses 5,875. Fundraising expenses 0. Total expenses 14,750. Independent contractor: program service expenses 78,265. Management and general expenses 52,735. Fundraising expenses 0. Total expenses 131,000.”
“Book to tax depreciation adjustment 7,335.”
“The refundable advances have been reclassified from other liabilities to line 19, deferred revenue, to properly report that amount on the balance sheet as per the audited financial statements.”
“The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and, therefore, has made no provision for federal or state income taxes in the accompanying financial statements. The organization has been determined by the internal revenue service not to be a "private foundation" within the meaning of section 509(a)(1) of the internal revenue code and therefore has been determined to be a public charity under the internal revenue code. Other significant tax positions include its determination of whether any amounts are subject to unrelated business income tax (ubit). Management has determined that the organization had no activities subject to ubit in the years ended december 31, 2015 and 2014. All significant tax positions have been considered by management and it has been determined that all tax positions would be sustained upon examination by taxing authorities.”
“Book to tax depreciation adjustment 7,335.”
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/ActivityOrMissionDesc | 0 | YOUNGAMERICA.ORG'S PRIMARY FOCUS IS THE DEVELOPMENT AND DISTRIBUTION OF MATERIALS TO EDUCATE PEOPLE WITH RESPECT TO ECONOMIC ISSUES AND THEIR IMPACT ON EMPLOYMENT OPPORTUNITIES. ALL FUNDS ARE USED TO CREATE SUBSTANTIVE CONTENT AND TO SUPPORT THE DISTRIBUTION OF THIS CONTENT TO THE AUDIENCE. |
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| IRS990/Desc | 0 | YOUNGAMERICA.ORG INC. HAS ONE PROGRAM; ALL INCOME AND EXPENSES ARE INCURRED TO FURTHER THE ORGANIZATION'S OBJECTIVES OUTLINED IN THEIR MISSION STATEMENT, AND TO CREATE CONTENT AND TO SUPPORT THE DISTRIBUTION OF THIS CONTENT PRIMARILY THROUGH SOCIAL MEDIA. |
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| IRS990/MissionDesc | 0 | TO PROVIDE EDUCATIONAL INSTRUCTION AND TRAINING TO ALL PEOPLE (WITH A FOCUS ON AMERICA'S YOUTH) IN MAKING INFORMED DECISIONS TO IMPROVE AND DEVELOP THEIR FUTURES AS WELL AS AMERICA'S FUTURE. YOUNGAMERICA.ORG'S TENENTS ARE BASED UPON FOSTERING SELF-RELIANCE, PRIVATE ENTERPRISE AND AMERICA'S COMPETITIVE SPIRIT, AND AIMS TO RE-KINDLE THESE SENTIMENTS TO AMERICA'S YOUTH. IT IS AMERICA'S YOUTH WHO MUST INHERIT OUR ECONOMIC ENVIRONMENT AND WILL ULTIMATELY BE RESPONSIBLE FOR ITS PROGRESSION.YOUNGAMERICA.ORG'S PRIMARY FOCUS IS THE DEVELOPMENT AND DISTRIBUTION OF MATERIALS TO EDUCATE PEOPLE WITH RESPECT TO ECONOMIC ISSUES AND THEIR IMPACT ON EMPLOYMENT OPPORTUNITIES. ALL FUNDS ARE USED TO CREATE SUBSTANTIVE CONTENT AND TO SUPPORT THE DISTRIBUTION OF THIS CONTENT TO THE AUDIENCE. THE PRIMARY MEANS OF EDUCATION WILL BE THE CREATION OF VIDEOS AND GRAPHICS THAT EXPLAIN ECONOMICS AND THE PRIMARY MEANS OF DISTRIBUTION WILL BE SOCIAL MEDIA. |
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| IRS990/OtherExpensesGrp/Desc | 0 | DUES AND FEES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 21085 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 10350 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 31435 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 50551 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 236983 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 287534 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 11487 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 22677 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 34164 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1904 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 995 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2899 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 31265 |
| IRS990/PrincipalOfficerNm | 0 | JOHN LANG |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1170982 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 968292 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -7153 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 209843 |
| IRS990/PYTotalExpensesAmt | 0 | 1178135 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1170982 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -7335 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 226426 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2070988 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1170982 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 676900 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3918870 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 156754 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 3762116 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2070988 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1170982 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 676900 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3918870 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3918870 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3328 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1665 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 4993 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 7335 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2071111 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 31500 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | SECURITY DEPOSIT |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 7335 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1925 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 962 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2887 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2071111 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS BEEN DETERMINED TO BE A PUBLIC CHARITY UNDER THE INTERNAL REVENUE CODE. OTHER SIGNIFICANT TAX POSITIONS INCLUDE ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO ACTIVITIES SUBJECT TO UBIT IN THE YEARS ENDED DECEMBER 31, 2015 AND 2014. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS BEEN DETERMINED THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | BOOK TO TAX DEPRECIATION ADJUSTMENT 7,335. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5253 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 31500 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2078446 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2071111 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2071111 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2071111 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | LUMENTUS HOLDINGS LLC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | PARTNERSHIP MORE THAN 5% OWNED BY TWO (2) DIRECTORS, L.MOSCOWITZ & A.SELIG |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 605500 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | CONTRACT SERVICES: LAURENCE MOSKOWITZ SERVES AS THE CEO AND ADAM SELIG SERVES AS THE COO OF LUMENTUS HOLDINGS LLC. ANY DECISIONS WITH RESPECT TO TRANSACTIONS WITH LUMENTUS HOLDINGS LLC WILL BE MADE IN ACCORDANCE WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY. ACCORDINGLY, THE ROLE OF MR. MOSKOWITZ AND/OR MR. SELIG WITH RESPECT TO SUCH TRANSACTIONS WILL BE LIMITED AS SET FORTH IN THE CONFLICT OF INTEREST POLICY AS "INTERESTED PERSONS". IN ADDITION, THE RATE OF COMPENSATION SET FORTH IN THE CONSULTING AGREEMENT IS APPROXIMATELY 20% LESS THAN THE STANDARD RATE CHARGED BY LUMENTUS HOLDINGS LLC TO COMMERCIAL CLIENTS FOR SIMILAR SERVICES. |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TWO OF THE ORGANIZATION'S BOARD MEMBERS, LAURENCE MOSKOWITZ AND ADAM SELIG ARE PARTNERS OF LUMENTUS HOLDINGS LLC. LAURENCE MOSKOWITZ SERVES AS THE CEO OF LUMENTUS, AND ADAM SELIG SERVES AS THE COO OF LUMENTUS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A DRAFT OF THE ANNUAL FORM 990 IS PROVIDED TO ALL BOARD MEMBERS WHICH THEY REVIEW PRIOR TO FILING TO CONFIRM ITS ACCURACY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS OF THE CONFLICT OF INTEREST POLICY SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING; AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | A PERIODIC REVIEW WILL BE MADE BY THE BOARD OF DIRECTORS TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON A COMPETENT SURVEY AND RESULTS OF ARMS-LENGTH BARGAINING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE APPLICATION FOR TAX EXEMPT STATUS (FORM 1023) AND YEARLY FORM 990 ARE MADE AVAILABLE UPON REQUEST AT THE OFFICES OF YOUNGAMERICA.ORG, INC.S OFFICE DURING BUSINESS HOURS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, BOARD MINUTES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE OFFICES OF YOUNGAMERICA.ORG, INC'S OFFICE DURING BUSINESS HOURS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION HEREBY AMENDS THE 990 RETURN FOR THE YEAR ENDING 12/31/2015 TO CORRECT AN INDEPENDENT CONTRACTOR LISTING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CAMPUS ACTIVITIES: PROGRAM SERVICE EXPENSES 24,987. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,987. FELLOWSHIP EXPENSE: PROGRAM SERVICE EXPENSES 116,290. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,290. GENFKD SPEAKERS BUREAU EXPENSE: PROGRAM SERVICE EXPENSES 12,934. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,934. PROJECT MANAGEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 176,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 176,000. VIDEO PROJECTS: PROGRAM SERVICE EXPENSES 89,904. MANAGEMENT AND GENERAL EXPENSES 13,284. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,188. STRATEGY & MEDIA SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 34,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,000. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 25,250. MANAGEMENT AND GENERAL EXPENSES 40,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,750. REWARDS: PROGRAM SERVICE EXPENSES 483. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 483. OTHER: PROGRAM SERVICE EXPENSES 149,712. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 149,712. OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 8,875. MANAGEMENT AND GENERAL EXPENSES 5,875. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,750. INDEPENDENT CONTRACTOR: PROGRAM SERVICE EXPENSES 78,265. MANAGEMENT AND GENERAL EXPENSES 52,735. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 131,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BOOK TO TAX DEPRECIATION ADJUSTMENT 7,335. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | THE REFUNDABLE ADVANCES HAVE BEEN RECLASSIFIED FROM OTHER LIABILITIES TO LINE 19, DEFERRED REVENUE, TO PROPERLY REPORT THAT AMOUNT ON THE BALANCE SHEET AS PER THE AUDITED FINANCIAL STATEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VII, PART 2, INDEPENDENT CONTRACTORS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART X, LINE 19, RECLASSIFICATION OF DEFERRED REVENUE |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 0 | 275316028 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | MEDIA SERVICES |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | LUMENTUS HOLDINGS LLC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | 99 MADISON AVE 9TH FLOOR |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | NEW YORK |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 0 | 10016 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 1 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | FL |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 1 | GA |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 2 | NY |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 311697 |
| IRS990/TotalAssetsEOYAmt | 0 | 544546 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 311697 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 544546 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 2070988 |
| IRS990/TotalEmployeeCnt | 0 | 12 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 14598 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 709088 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1354760 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2078446 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 311697 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 544546 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 311697 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 544546 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 0 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1354760 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 74040 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 123 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2071111 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 311697 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 544546 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/FundraisingAmt | 0 | 14598 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 38057 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.