Civic Intelligence

Young Fathers of Central Floridainc

EIN 71-1016365 • 501(c)3 • Clermont, FL

Profile

Provide young fathers under age 24yrs with supportive commumity-based resource to assist them to actively partipate in the lives of their children and families in order to strengthen the communities.

2812 Falcon RidgeClermont, FL 34711-5891

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

40th percentile

-2.3%

Higher net margin than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$86,017

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 40.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Assets

Up

$2,949

Up $2,913 (+8092%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

$2,949

No earlier filing loaded for comparison.

Revenue

Up

$213,359

Up $150,740 (+241%) from 2019

Expenses

Up

$218,267

Up $155,381 (+247%) from 2019

Net Income

Down

-$4,908

Down $4,641 (-1738%) from 2019

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2011: $5,790Liabilities 2011: $198Net Assets 2011: $5,5922011Assets 2012: $27,770Liabilities 2012: $0Net Assets 2012: $27,7702012Assets 2013: $2,093Liabilities 2013: $0Net Assets 2013: $2,0932013Assets 2014: $1,475Liabilities 2014: $2,101Net Assets 2014: -$6262014Assets 2015: $3Liabilities 2015: $8,091Net Assets 2015: -$8,0882015Assets 2019: $36Liabilities 2019: $02019Assets 2024: $2,949Liabilities 2024: $0Net Assets 2024: $2,9492024

Highlighted filing

2024

Assets$2,949
Liabilities$0
Net Assets$2,949

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $32,699Expenses 2011: $42,787Net Income 2011: -$10,0882011Revenue 2012: $48,225Expenses 2012: $26,046Net Income 2012: $22,1792012Revenue 2013: $60,293Expenses 2013: $85,970Net Income 2013: -$25,6772013Revenue 2014: $46,411Expenses 2014: $52,080Net Income 2014: -$5,6692014Revenue 2015: $40,140Expenses 2015: $44,658Net Income 2015: -$4,5182015Revenue 2019: $62,619Expenses 2019: $62,886Net Income 2019: -$2672019Revenue 2024: $213,359Expenses 2024: $218,267Net Income 2024: -$4,9082024

Highlighted filing

2024

Revenue$213,359
Expenses$218,267
Net Income-$4,908

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 23, 2025
Return Version
2024v5.2
Gross Receipts
$213,359
Mission and Program Overview

Mission

Provide young fathers under age 24yrs with supportive commumity-based resource to assist them to actively partipate in the lives of their children and families in order to strengthen the communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,422$2,949▼ $4,473
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$7,422$2,949▼ $4,473
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,422$2,949▼ $4,473
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$7,422$2,949▼ $4,473
Total Liabilities and Net Assets / Fund Balance$7,422$2,949▼ $4,473
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Haki T NkrumahExecutive DirectorFT$86,017$86,017

Board Members and Trustees

NameTitle
Diana AlamoChairwoman
Julie LandleySecretary
Krystal PowellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$213,359
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,000
Change in Net Assets
$-4,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$129,017
Other Expenses$89,250
Total Fundraising Expense$19,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$116,114$8,607$4,296$129,017
Occupancy$18,339$4,585$7,641$30,565
Conferences and Meetings$15,007$3,752$6,253$25,012
Other Expenses$13,159$0$0$13,159
Office Expenses$0$9,637$0$9,637
Fees for Services Accounting$0$4,463$0$4,463
Travel$1,580$395$659$2,634
Insurance$0$1,935$0$1,935
Advertising$0$0$788$788
Total Functional Expenses$164,199$34,431$19,637$218,267
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
Jai NkrumahSonDonation to provide program servicesNo$1,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Young Fathers of Central Floridainc
EIN
71-1016365
Phone
9175172662
Address
2812 Falcon Ridge, Clermont, FL 34711-5891
Doing Business As
Same as Above

Signing Officer

Name
HAKI T Nkrumah
Title
Executive Director
Phone
9175172662
Signed
2025-06-23

Organization Details

Formed
2006
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Vincent and Associates
Address
6388 SILVER STAR RD STE 1B, ORLANDO, FL 32818
Preparer
Pascale Vincent
Phone
3216893116
Supplemental Narrative

Additional Explanations

Pt III, Line 2

Jai Nkuman is the son of Haki Nkumah. Jai is a contract employee that works mainly on/in program area. During the year, Jai was paid $20,000 recorded as contract labor. He returned or made $1,000 donation recorded as revenue.

Pt VI, Line 15A

Because the organization currently does not have full time employees, a compensation review and approval does not apply. All/any compensation decisions are made by the Executive Director only. He does not use an comparability data in/for his decisions

Pt VI, Line 19

The disclosure of the organizations governing documents (Conflict of Interest policy; and financial statements) are currently not made available to the public. However, the Executive Directors procedures are as follows: The request must be made directly to him. If it is determined to be legal/or required, the Executive Director will send the documents to the requestor via U.S. Mail service or made available to request or at the office of the organization.

Pt VI, Line 11B

The process of reviewing Form 990 with the governing body before filing is not done because the governing board is voluntary and not compensated. Also, there is the feeling they lack the expertise to understand its content. The review process takes place with the Executive Director and accountant preparing the Form 990.

Pt XI

Line 9: $435 net amount of Executive Directors personal working captial advances.

Pt VI, Line 2

Jai Nkuman is the son of Haki Nkumah. Jai is a contract employee that works mainly on/in program area. During the year, Jai was paid $20,000 recorded as contract labor. He returned or made $1,000 donation recorded as revenue.

Pt XII, Line 3B

The organization is not required to have a financial audit completed

Form 990, Part III, Line 4D

There expenses totaling $11,494 included program services for the organizations 11494. 0. 0.

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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0HAKI T Nkrumah
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Services to over 100 young fathers - adult and or juvenille incarcerted were provided mediation, child support, training and education support services.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029556
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt026261
IRS990/ProgSrvcAccomActy3Grp/Desc0The organization provided Dad to Dad mentoring to 50 fathers. This program matches a yound father with a caring adult father, who will take the time to provide direction and guidance for 1 year of mentoring.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08210
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt09750
IRS990/ProgSrvcAccomActyOtherGrp/Desc0There expenses totaling $11,494 included program services for the organizations Teen Fathers Academy and Young Fatherhood Initiative focused on providing development of positive characteristics as young men and fathers. Additionally, supporting young fathers with a desire to be successful students and responsible fathers while attending college.
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IRS990/PYOtherRevenueAmt010
IRS990/PYRevenuesLessExpensesAmt06546
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IRS990/PYTotalExpensesAmt0227070
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0233616
IRS990/QuidProQuoContributionsInd0false
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IRS990/RevenueAmt0175348
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt074544
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03000
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt078684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt074544
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0677011
IRS990ScheduleA/TotalSupportAmt0680011
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