Civic Intelligence

Youngamerica Org Inc

990 • Fiscal year 2015 • EIN 46-2523981

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 28, 2016

37 North Orange Ave No 500Orlando, FL 32801

(321) 445-9986

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

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 And Expenses

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

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $194,914Liabilities 2013: $4,345Net Assets 2013: $190,5692013Assets 2014: $311,697Liabilities 2014: $311,697Net Assets 2014: $02014Assets 2015: $544,546Liabilities 2015: $544,546Net Assets 2015: $02015Assets 2016: $793,756Liabilities 2016: $792,756Net Assets 2016: $1,0002016Assets 2017: $624,785Liabilities 2017: $622,753Net Assets 2017: $2,0322017Assets 2018: $202,756Liabilities 2018: $190,041Net Assets 2018: $12,7152018Assets 2019: $751,715Liabilities 2019: $98,281Net Assets 2019: $653,4342019Assets 2020: $715,998Liabilities 2020: $17,858Net Assets 2020: $698,1402020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2015

Assets$544,546
Liabilities$544,546
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $676,900Expenses 2013: $486,331Net Income 2013: $190,5692013Revenue 2014: $1,170,982Expenses 2014: $1,178,135Net Income 2014: -$7,1532014Revenue 2015: $2,071,111Expenses 2015: $2,078,446Net Income 2015: -$7,3352015Revenue 2016: $2,427,591Expenses 2016: $2,433,926Net Income 2016: -$6,3352016Revenue 2017: $2,615,862Expenses 2017: $2,649,765Net Income 2017: -$33,9032017Revenue 2018: $2,097,648Expenses 2018: $2,094,298Net Income 2018: $3,3502018Revenue 2019: $2,725,661Expenses 2019: $2,092,329Net Income 2019: $633,3322019Revenue 2020: $1,276,390Expenses 2020: $1,231,684Net Income 2020: $44,7062020Revenue 2021: $364,380Expenses 2021: $1,062,520Net Income 2021: -$698,1402021

Highlighted filing

2015

Revenue$2,071,111
Expenses$2,078,446
Net Income-$7,335
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 28, 2016
Return Version
2015v2.1
Gross Receipts
$2,071,111
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Equipment$3,328$1,665$4,993
Other Land Buildings$1,925$962$2,887
Other Assets Org$31,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jesse JacobsExecutive DirectorFT$70,540$70,540
John LangTreasurerPT$3,000$3,000
Gabrielle JacksonBoard Member-$500$500

Board Members and Trustees

NameTitle
June ChenVice President to 6/1/15
Laurence MoskowitzSecretary to 8/1/15
Adam SeligTreasurer to 8/1/15

Highest Paid Contractors

ContractorServicesLocationCompensation
Lumentus Holdings LLCMedia/communication Svc99 MADISON AVENUE 9TH FLOOR, New York, NY 10016$485,750
F2f Media INCMedia/communication Svc10701 WILSHIRE BLVD APT 701, Los Angeles, CA 90024$131,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,070,988
Program Service Revenue
$0
Investment Income
$123
Other Revenue
$0
All Other Contributions
$2,070,988
Change in Net Assets
$-7,335

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,071,111
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,071,111
Total Revenue per Form 990
$2,071,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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

Audited Expense Reconciliation

Line ItemAmount
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
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
-PARTNERSHIP MORE THAN 5% OWNED BY TWO (2) DIRECTORS, L.MOSCOWITZ & A.SELIGCONTRACT 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
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 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
Yes
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

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.

Form 990, Part VI, Section B, Line 11

A draft of the annual form 990 is provided to all board members which they review prior to filing to confirm its accuracy.

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

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.

Form 990, Part VI, Section B, Line 15

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.

Form 990, Part VI, Section C, Line 18

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.

Form 990, Part VI, Section C, Line 19

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.

Form 990, Part VII, Part 2, Independent Contractors

The organization hereby amends the 990 return for the year ending 12/31/2015 to correct an independent contractor listing.

Filing and Contact Details

Filer

Filer Name
Youngamericaorg
EIN
46-2523981
Phone
3214459986
Address
37 NORTH ORANGE AVE NO 500, ORLANDO, FL 32801

Signing Officer

Name
John Lang
Title
Treasurer
Phone
3214459986
Signed
2016-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Lang
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
12
Volunteers
0

Preparer

Firm
Wiss & Company Llp
Address
354 EISENHOWER PARKWAY, LIVINGSTON, NJ 07039
Preparer
Diana Miller
Phone
9739949400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

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.

FORM 990, PART XI, LINE 9:

Book to tax depreciation adjustment 7,335.

Form 990, Part X, Line 19, Reclassification of Deferred Revenue

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.

Financial Statement Notes

PART X, LINE 2:

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.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Book to tax depreciation adjustment 7,335.

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IRS990/MissionDesc0TO 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/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0120760
IRS990/OccupancyGrp/TotalAmt0120760
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026043
IRS990/OfficeExpensesGrp/ProgramServicesAmt015492
IRS990/OfficeExpensesGrp/TotalAmt041535
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02555
IRS990/OtherAssetsTotalGrp/EOYAmt031500
IRS990/OtherChangesInNetAssetsAmt07335
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01508
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01508
IRS990/OtherExpensesGrp/Desc0DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021085
IRS990/OtherExpensesGrp/ProgramServicesAmt010350
IRS990/OtherExpensesGrp/TotalAmt031435
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050551
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0236983
IRS990/OtherSalariesAndWagesGrp/TotalAmt0287534
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011487
IRS990/PayrollTaxesGrp/ProgramServicesAmt022677
IRS990/PayrollTaxesGrp/TotalAmt034164
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01904
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0995
IRS990/PensionPlanContributionsGrp/TotalAmt02899
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031265
IRS990/PrincipalOfficerNm0JOHN LANG
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01170982
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0968292
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-7153
IRS990/PYSalariesCompEmpBnftPaidAmt0209843
IRS990/PYTotalExpensesAmt01178135
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01170982
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-7335
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0226426
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02070988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01170982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0676900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03918870
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0156754
IRS990ScheduleA/SubstantialContributorsTotAmt03762116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02070988
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01170982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0676900
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03918870
IRS990ScheduleA/TotalSupportAmt03918870
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/EquipmentGrp/BookValueAmt03328
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01665
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04993
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07335
IRS990ScheduleD/ExpensesSubtotalAmt02071111
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt031500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesNotIncludedAmt07335
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01925
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0962
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02887
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02071111
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1BOOK TO TAX DEPRECIATION ADJUSTMENT 7,335.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05253
IRS990ScheduleD/TotalBookValueOtherAssetsAmt031500
IRS990ScheduleD/TotalExpensesPerForm990Amt02078446
IRS990ScheduleD/TotalRevenuePerForm990Amt02071111
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02071111
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02071111
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0LUMENTUS HOLDINGS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PARTNERSHIP MORE THAN 5% OWNED BY TWO (2) DIRECTORS, L.MOSCOWITZ & A.SELIG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0605500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONTRACT 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/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO 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/ExplanationTxt1A DRAFT OF THE ANNUAL FORM 990 IS PROVIDED TO ALL BOARD MEMBERS WHICH THEY REVIEW PRIOR TO FILING TO CONFIRM ITS ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO 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/ExplanationTxt3A 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/ExplanationTxt4THE 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/ExplanationTxt5THE 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/ExplanationTxt6THE ORGANIZATION HEREBY AMENDS THE 990 RETURN FOR THE YEAR ENDING 12/31/2015 TO CORRECT AN INDEPENDENT CONTRACTOR LISTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CAMPUS 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/ExplanationTxt8BOOK TO TAX DEPRECIATION ADJUSTMENT 7,335.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE 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/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII, PART 2, INDEPENDENT CONTRACTORS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART X, LINE 19, RECLASSIFICATION OF DEFERRED REVENUE
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0275316028
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0MEDIA SERVICES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0LUMENTUS HOLDINGS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt099 MADISON AVE 9TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd010016
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/StatesWhereCopyOfReturnIsFldCd1GA
IRS990/StatesWhereCopyOfReturnIsFldCd2NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0311697
IRS990/TotalAssetsEOYAmt0544546
IRS990/TotalAssetsGrp/BOYAmt0311697
IRS990/TotalAssetsGrp/EOYAmt0544546
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02070988
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014598
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0709088
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01354760
IRS990/TotalFunctionalExpensesGrp/TotalAmt02078446
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0311697
IRS990/TotalLiabilitiesEOYAmt0544546
IRS990/TotalLiabilitiesGrp/BOYAmt0311697
IRS990/TotalLiabilitiesGrp/EOYAmt0544546
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01354760
IRS990/TotalReportableCompFromOrgAmt074040
IRS990/TotalRevenueGrp/ExclusionAmt0123
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02071111
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0311697
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0544546
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt014598
IRS990/TravelGrp/ManagementAndGeneralAmt038057

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