Civic Intelligence

The Western Youth Network Inc

EIN 56-1454674 • 501(c)3 • Boone, NC

Profile

Providing programs for at-risk youth

134 Doctors DriveBoone, NC 28607

www.westernyouthnetwork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.14x

Higher debt load relative to assets than 43% of similar nonprofits.

NTEE P • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.28x

Higher debt load relative to revenue than 62% of similar nonprofits.

NTEE P • $5M-$10M nonprofits • Source year 2024

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

NTEE P • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

21st percentile

$60,000

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

NTEE P • $5M-$10M nonprofits • Source year 2024

Asset Growth

81st percentile

24%

Faster asset growth than 81% of similar nonprofits.

NTEE P • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-17%

Faster revenue growth than 13% of similar nonprofits.

NTEE P • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,709,623

Up $1,278,161 (+24%) from 2023

Liabilities

Down

$952,223

Down $420,824 (-31%) from 2023

Net Assets

Up

$5,757,400

Up $1,698,985 (+42%) from 2023

Revenue

Down

$3,448,470

Down $721,879 (-17%) from 2023

Expenses

Up

$1,772,637

Up $38,798 (+2.2%) from 2023

Net Income

Down

$1,675,833

Down $760,677 (-31%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $683,060Liabilities 2011: $403,053Net Assets 2011: $280,0072011Assets 2012: $659,224Liabilities 2012: $421,821Net Assets 2012: $237,4032012Assets 2013: $599,977Liabilities 2013: $425,020Net Assets 2013: $174,9572013Assets 2014: $615,705Liabilities 2014: $433,332Net Assets 2014: $182,3732014Assets 2015: $633,566Liabilities 2015: $395,117Net Assets 2015: $238,4492015Assets 2016: $658,509Liabilities 2016: $403,203Net Assets 2016: $255,3062016Assets 2017: $621,808Liabilities 2017: $438,932Net Assets 2017: $182,8762017Assets 2018: $700,743Liabilities 2018: $391,104Net Assets 2018: $309,6392018Assets 2019: $718,203Liabilities 2019: $389,044Net Assets 2019: $329,1592019Assets 2020: $928,785Liabilities 2020: $530,409Net Assets 2020: $398,3762020Assets 2021: $1,271,179Liabilities 2021: $539,836Net Assets 2021: $731,3432021Assets 2022: $3,204,824Liabilities 2022: $1,596,991Net Assets 2022: $1,607,8332022Assets 2023: $5,431,462Liabilities 2023: $1,373,047Net Assets 2023: $4,058,4152023Assets 2024: $6,709,623Liabilities 2024: $952,223Net Assets 2024: $5,757,4002024

Highlighted filing

2024

Assets$6,709,623
Liabilities$952,223
Net Assets$5,757,400

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $428,475Expenses 2011: $438,087Net Income 2011: -$9,6122011Revenue 2012: $466,476Expenses 2012: $485,018Net Income 2012: -$18,5422012Revenue 2013: $414,942Expenses 2013: $477,388Net Income 2013: -$62,4462013Revenue 2014: $563,990Expenses 2014: $556,574Net Income 2014: $7,4162014Revenue 2015: $659,852Expenses 2015: $603,776Net Income 2015: $56,0762015Revenue 2016: $735,312Expenses 2016: $718,970Net Income 2016: $16,3422016Revenue 2017: $675,629Expenses 2017: $757,229Net Income 2017: -$81,6002017Revenue 2018: $1,000,149Expenses 2018: $876,925Net Income 2018: $123,2242018Revenue 2019: $1,033,196Expenses 2019: $1,016,427Net Income 2019: $16,7692019Revenue 2020: $1,014,508Expenses 2020: $937,616Net Income 2020: $76,8922020Revenue 2021: $1,369,097Expenses 2021: $1,092,053Net Income 2021: $277,0442021Revenue 2022: $2,496,806Expenses 2022: $1,592,924Net Income 2022: $903,8822022Revenue 2023: $4,170,349Expenses 2023: $1,733,839Net Income 2023: $2,436,5102023Revenue 2024: $3,448,470Expenses 2024: $1,772,637Net Income 2024: $1,675,8332024

Highlighted filing

2024

Revenue$3,448,470
Expenses$1,772,637
Net Income$1,675,833

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.71$0.95$5.76$3.45$1.77$1.68
2023Detailed filing. Detailed filing data is available for this year.$5.43$1.37$4.06$4.17$1.73$2.44
2022Detailed filing. Detailed filing data is available for this year.$3.20$1.60$1.61$2.50$1.59$0.90
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.54$0.73$1.37$1.09$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.53$0.40$1.01$0.94$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.72$0.39$0.33$1.03$1.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.39$0.31$1.00$0.88$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.62$0.44$0.18$0.68$0.76$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.40$0.26$0.74$0.72$0.02
2015Summary only. Only limited summary data is available for this year.$0.63$0.40$0.24$0.66$0.60$0.06
2014Summary only. Only limited summary data is available for this year.$0.62$0.43$0.18$0.56$0.56$0.01
2013Summary only. Only limited summary data is available for this year.$0.60$0.43$0.17$0.41$0.48$0.06
2012Summary only. Only limited summary data is available for this year.$0.66$0.42$0.24$0.47$0.49$0.02
2011Summary only. Only limited summary data is available for this year.$0.68$0.40$0.28$0.43$0.44$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 4, 2025
Return Version
2023v6.0
Gross Receipts
$3,743,756
Mission and Program Overview

Mission

Providing programs for at-risk

Providing programs for at-risk youth

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,559,932$2,896,540▲ $336,608
Accounts Receivable$1,894,616$2,507,503▲ $612,887
Cash and Non-Interest-Bearing Accounts$714,861$982,810▲ $267,949
Investments in Publicly Traded Securities$261,378$309,362▲ $47,984
Prepaid Expenses and Deferred Charges$675$13,408▲ $12,733
Total Assets$5,431,462$6,709,623▲ $1,278,161
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,156,523$810,768▼ $345,755
Accounts Payable and Accrued Expenses$215,557$141,455▼ $74,102
Other Liabilities$967--
Total Liabilities$1,373,047$952,223▼ $420,824
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,224,735$2,999,605▲ $774,870
Net Assets Without Donor Restrictions$1,833,680$2,757,795▲ $924,115
Total Net Assets Fund Balance$4,058,415$5,757,400▲ $1,698,985
Total Liabilities and Net Assets / Fund Balance$5,431,462$6,709,623▲ $1,278,161

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,634,756$9,179$1,643,935
Buildings$645,235$50,574$695,809
Land$572,051-$572,051
Equipment$44,498$126,034$170,532

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$229,851$11,407▲ $40,489$6,746$275,001
2022$199,578$23,910▲ $17,666$11,303$229,851
2021$213,207$9,525▼ $22,104$1,050$199,578
2020$151,687$13,161▲ $55,959$7,600$213,207
2019$139,608$29,102▼ $1,568$15,455$151,687
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennier WarrenExecutive DirectorFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,824,101
Program Service Revenue
$117,162
Investment Income
$250,922
Other Revenue
$256,285
All Other Contributions
$1,807,871
Change in Net Assets
$1,675,833

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,448,470
Revenue Not Reported on Form 990
$61,569
Total Revenue per Audited Statements
$3,510,039
Total Revenue per Form 990
$3,448,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,149,703
Other Expenses$622,934
Total Fundraising Expense$80,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$818,238$60,774$22,779$901,791
All Other Expenses$170,676$53,494$9,089$233,259
Other Employee Benefits$149,015-$3,980$152,995
Fees for Services Other$78,657$11,825$19,524$110,006
Current Officers, Directors, Trustees, and Key Employees$60,000--$60,000
Fees for Services Accounting$33,762$20,555-$54,317
Travel$49,068$885-$49,953
Depreciation Depletion$14,364$14,364$14,364$43,092
Interest$2,329$35,384-$37,713
Payroll Taxes$33,174-$1,743$34,917
Insurance$4,937$25,818-$30,755
Occupancy$19,840$440-$20,280
Other Expenses$8,796$5,082$276$14,154
Conferences and Meetings$6,306--$6,306
Advertising$2,826$141$3,077$6,044
Office Expenses$1,513$3,368-$4,881
Total Functional Expenses$1,455,810$236,089$80,738$1,772,637

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,811,054
Expenses per Audited Statements$1,772,637
Total Expenses per Form 990$1,772,637
Expenses Not Reported on Form 990$38,417
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$294,702
Fundraising Direct Expenses$38,417
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$176,291$176,291$2,290$174,001
Festival of$117,914$117,914$7,907$110,007
Total Events$294,702$294,702$38,417$256,285
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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 governing body review Part VI line 11

Management reviews the 990 in conjunction with the review of the audited financial statements.

Conflict of interest policy compliance Part VI line 12C

Board members disclose conflicts of interest annually.

CEO executive director top management comp Part VI line 15A

Compensation is derived from performance benchmarks as well as from market data such as similar ogarnizations.

Other officer or key employee compensation Part VI line 15B

Compensation is determined by the Board

Governing documents etc available to public Part VI line 19

Government documents, tax returns and financial statements made be obtained upon request

Filing and Contact Details

Filer

Filer Name
The Western Youth Network Inc
EIN
56-1454674
Address
134 Doctors Drive, Boone, NC 28607

Signing Officer

Name
Jennifer Warren
Title
Executive Direc
Phone
8282645174
Signed
2025-05-04
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
54
Volunteers
200

Preparer

Firm
Misty D Watson CPA PA
Address
PO Box 2122, Boone, NC 28607
Preparer
Misty Watson
Phone
7049075053
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Program:Contract labor 54,525Dues 8,223Food and provisions 13,434Office equipment and maintenance 2,184Sponsorships 1,452Staff development 7,131Supplies 24,697Utilities 4,840Volunteer expense 2,424Youth activities 40,215Gala 4,479Reimbursed indirect expenses 7,072 Mangement and General:Contract labor 4,362Volunteer 31Office equipment and maintenance 1,868Repairs and maintenance 11,093Staff development 621Supplies 4,789Utilities 9,291Dues 17,222Postage 201Gala 4,016Fundraising:Repairs & maintenance 920Dues 725Postage 3Supplies 803Investment 2,478Contract labor 4,160

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