Civic Intelligence

Youth Empowerment Source Inc.

990 • Fiscal year 2017 • EIN 47-2027845

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 13, 2017

223 E Main StreetElkton, MD 21921

(443) 593-3900

Siviq Scores

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

Liabilities / Assets

88th percentile

0.41x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.07x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

55th percentile

5.6%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

91st percentile

$47,200

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$65,820

Up $21,919 (+50%) from 2016

Net Assets

Up

$38,810

Up $22,969 (+145%) from 2016

Liabilities

Down

$27,010

Down $1,050 (-3.7%) from 2016

Revenue

Up

$411,239

Up $104,656 (+34%) from 2016

Expenses

Up

$388,270

Up $72,069 (+23%) from 2016

Net Income

Up

$22,969

Up $32,587 (+339%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $62,619Liabilities 2015: $37,160Net Assets 2015: $25,4592015Assets 2016: $43,901Liabilities 2016: $28,060Net Assets 2016: $15,8412016Assets 2017: $65,820Liabilities 2017: $27,010Net Assets 2017: $38,8102017Assets 2018: $104,633Liabilities 2018: $33,332Net Assets 2018: $71,3012018Assets 2019: $91,210Liabilities 2019: $47,308Net Assets 2019: $43,9022019Assets 2020: $124,082Liabilities 2020: $69,782Net Assets 2020: $54,3002020Assets 2021: $110,818Liabilities 2021: $59,283Net Assets 2021: $51,5352021Assets 2022: $192,760Liabilities 2022: $146,201Net Assets 2022: $46,5592022Assets 2023: $256,973Liabilities 2023: $157,394Net Assets 2023: $99,5792023Assets 2024: $268,524Liabilities 2024: $219,357Net Assets 2024: $49,1672024

Highlighted filing

2017

Assets$65,820
Liabilities$27,010
Net Assets$38,810

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $304,076Expenses 2015: $278,617Net Income 2015: $25,4592015Revenue 2016: $306,583Expenses 2016: $316,201Net Income 2016: -$9,6182016Revenue 2017: $411,239Expenses 2017: $388,270Net Income 2017: $22,9692017Revenue 2018: $586,376Expenses 2018: $553,885Net Income 2018: $32,4912018Revenue 2019: $658,342Expenses 2019: $685,741Net Income 2019: -$27,3992019Revenue 2020: $808,439Expenses 2020: $798,041Net Income 2020: $10,3982020Revenue 2021: $650,879Expenses 2021: $653,704Net Income 2021: -$2,8252021Revenue 2022: $854,066Expenses 2022: $859,042Net Income 2022: -$4,9762022Revenue 2023: $947,706Expenses 2023: $894,686Net Income 2023: $53,0202023Revenue 2024: $922,046Expenses 2024: $972,458Net Income 2024: -$50,4122024

Highlighted filing

2017

Revenue$411,239
Expenses$388,270
Net Income$22,969
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$412,578
Mission and Program Overview

Mission

Yes engages underserved young people through community-based education, mentoring and employment readiness programs to help them develop skills and strengthen ties to family and community.

Youth empowerment source (yes) is a non-profit agency dedicated to providing critical supports to children, youth and families in the mid atlantic region. With a strong focus on prevention and education, yes equips youth and families with the tools young people need to reach successful adulthood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$13,079$61,484▲ $48,405
Cash and Non-Interest-Bearing Accounts$30,822$2,411▼ $28,411
Investments Other Securities-$1,300-
Prepaid Expenses and Deferred Charges-$625-
Total Assets$43,901$65,820▲ $21,919
Liabilities
Accounts Payable and Accrued Expenses$6,602$14,316▲ $7,714
Unsecured Notes Loans Payable$12,528$8,143▼ $4,385
Other Liabilities$8,930$4,551▼ $4,379
Total Liabilities$28,060$27,010▼ $1,050
Net Assets / Fund Balance
Unrestricted Net Assets$15,841$38,810▲ $22,969
Total Net Assets Fund Balance$15,841$38,810▲ $22,969
Total Liabilities and Net Assets / Fund Balance$43,901$65,820▲ $21,919
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beth CreekExecutive DirectorFT$47,200$47,200

Board Members and Trustees

NameTitle
Step MikaPresident
Scott AdamsVice President
Denis MinihaneBoard Member
Will DavisBoard Member
Kim SwykaBoard Memeber
Jason LimSecretary
Debbie DivirgilioTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$405,354
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$5,885
All Other Contributions
$33,352
Change in Net Assets
$22,969

Audited Revenue Reconciliation

Revenue per Audited Statements
$411,239
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,639
Total Revenue per Audited Statements
$413,878
Total Revenue per Form 990
$411,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,386
Other Expenses$134,884
Total Fundraising Expense$825
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$234,552$3-$234,555
Payroll Taxes$18,831--$18,831
Advertising$13,398$337-$13,735
All Other Expenses$9,326$2,786$630$12,742
Occupancy$9,937--$9,937
Office Expenses$6,744$802$169$7,715
Other Expenses$7,011$1,184$26$7,037
Fees for Services Management$6,566--$6,566
Insurance$6,524--$6,524
Travel$2,413$8-$2,421
Interest-$722-$722
Total Functional Expenses$381,603$5,842$825$388,270

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$390,909
Expenses per Audited Statements$388,270
Total Expenses per Form 990$388,270
Expenses Not Reported on Form 990$2,639
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,225
Fundraising Direct Expenses$1,339
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Grants$4,551
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 8B

The organization has no committees to act on behalf of the governing body.

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

The form 990 is reviewed by the executive director and the fiscal agent before filing. The form is available to the board of directors upon request.

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

At least annually all employees, officers and directors must disclose any actual or potential conflicts of interest. Potential conflicts arising during the year should be disclosed as soon as they are known.

Form 990, Part VI, Section B, Line 15

The board votes on compensation for officers, directors and key employees after obtaining comparable data from similar sized organization and compensation surveys and shall be documented in written minutes.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Youth Empowerment Source Inc
EIN
47-2027845
Phone
4435933900
Address
223 E MAIN STREET, ELKTON, MD 21921

Signing Officer

Name
Beth Creek
Title
Executive Director
Phone
4435933900
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Creek
Formed
2014
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
22
Volunteers
17

Preparer

Firm
Weyrich Cronin & Sorra Chartered
Address
1301 YORK ROAD SUITE 800, LUTHERVILLE, MD 21093
Preparer
Kelli L Miller CPA
Phone
4103396464
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes under internal revenue code section 501(a) as a public charity described in section 501(c)(3). The organization believes they are not subject to u.s. Federal or state income tax examinations by tax authorities for years before 2014 as there were no tax filings before that date.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising costs 1,339.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising costs 1,339.

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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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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05885
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01167
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02626
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09678
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01012220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0405354
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0305416
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0301450
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01012220
IRS990ScheduleA/TotalSupportAmt01021898
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/DonatedServicesAndUseFcltsAmt01300
IRS990ScheduleD/DonatedServicesUseFcltsAmt01300
IRS990ScheduleD/ExpensesNotReportedAmt02639
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0388270
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt01339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04551
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED GRANTS
IRS990ScheduleD/OtherRevenueAmt01339
IRS990ScheduleD/RevenueNotReportedAmt02639
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0411239
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A) AS A PUBLIC CHARITY DESCRIBED IN SECTION 501(C)(3). THE ORGANIZATION BELIEVES THEY ARE NOT SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2014 AS THERE WERE NO TAX FILINGS BEFORE THAT DATE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING COSTS 1,339.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING COSTS 1,339.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0388270
IRS990ScheduleD/TotalLiabilityAmt04551
IRS990ScheduleD/TotalRevenuePerForm990Amt0411239
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0413878
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0390909
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FISCAL AGENT BEFORE FILING. THE FORM IS AVAILABLE TO THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT LEAST ANNUALLY ALL EMPLOYEES, OFFICERS AND DIRECTORS MUST DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS ARISING DURING THE YEAR SHOULD BE DISCLOSED AS SOON AS THEY ARE KNOWN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD VOTES ON COMPENSATION FOR OFFICERS, DIRECTORS AND KEY EMPLOYEES AFTER OBTAINING COMPARABLE DATA FROM SIMILAR SIZED ORGANIZATION AND COMPENSATION SURVEYS AND SHALL BE DOCUMENTED IN WRITTEN MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt043901
IRS990/TotalAssetsEOYAmt065820
IRS990/TotalAssetsGrp/BOYAmt043901
IRS990/TotalAssetsGrp/EOYAmt065820
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0405354
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0825
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05842
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0381603
IRS990/TotalFunctionalExpensesGrp/TotalAmt0388270
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028060
IRS990/TotalLiabilitiesEOYAmt027010
IRS990/TotalLiabilitiesGrp/BOYAmt028060
IRS990/TotalLiabilitiesGrp/EOYAmt027010
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt015841
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt038810
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0152629
IRS990/TotalProgramServiceExpensesAmt0381603
IRS990/TotalReportableCompFromOrgAmt047200
IRS990/TotalRevenueGrp/ExclusionAmt04886
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0999
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0411239
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt043901
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt065820
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt08
IRS990/TravelGrp/ProgramServicesAmt02413
IRS990/TravelGrp/TotalAmt02421
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt015841
IRS990/UnrestrictedNetAssetsGrp/EOYAmt038810
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt012528
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt08143
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0223 E MAIN STREET
IRS990/USAddress/CityNm0ELKTON
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021921
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.YOUTHEMPOWERMENTSOURCE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH CREEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04435933900
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YOUTH EMPOWERMENT SOURCE INC
ReturnHeader/Filer/BusinessNameControlTxt0YOUT
ReturnHeader/Filer/EIN0472027845
ReturnHeader/Filer/PhoneNum04435933900
ReturnHeader/Filer/USAddress/AddressLine1Txt0223 E MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0ELKTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021921
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C7D3C26C923D4A0489A82BCBDE05319FD2D37D8A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E4849B03ABF62DDF7139E46DA22C6DB303D53597
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.82.213.4
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm012:24:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521162023
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEYRICH CRONIN & SORRA CHARTERED
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 YORK ROAD SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUTHERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021093

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