Civic Intelligence

Youth Benefit Inc.

990 • Fiscal year 2016 • EIN 74-2194690

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 06, 2017

304 E Church AveKilleen, TX 76541

(254) 519-5801

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

39th percentile

-0.3%

Higher net margin than 39% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

40th percentile

-1.0%

Faster asset growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

4.0%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$40,671

Down $408 (-1.0%) from 2015

Net Assets

Down

$40,671

Down $268 (-0.7%) from 2015

Liabilities

Down

$0

Down $140 (-100%) from 2015

Revenue

Up

$100,582

Up $3,850 (+4.0%) from 2015

Expenses

Down

$100,850

Down $3,991 (-3.8%) from 2015

Net Income

Up

-$268

Up $7,841 (+97%) from 2015

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $67,834Liabilities 2010: $10,764Net Assets 2010: $57,0702010Assets 2011: $69,060Liabilities 2011: $234Net Assets 2011: $68,8262011Assets 2012: $48,880Liabilities 2012: $234Net Assets 2012: $48,6462012Assets 2013: $42,550Liabilities 2013: $140Net Assets 2013: $42,4102013Assets 2014: $49,188Liabilities 2014: $140Net Assets 2014: $49,0482014Assets 2015: $41,079Liabilities 2015: $140Net Assets 2015: $40,9392015Assets 2016: $40,671Liabilities 2016: $0Net Assets 2016: $40,6712016Assets 2017: $37,836Liabilities 2017: $0Net Assets 2017: $37,8362017Assets 2018: $32,960Liabilities 2018: $0Net Assets 2018: $32,9602018Assets 2019: $33,481Liabilities 2019: $0Net Assets 2019: $33,4812019Assets 2020: $34,420Liabilities 2020: $0Net Assets 2020: $34,4202020Assets 2021: $27,603Liabilities 2021: $0Net Assets 2021: $27,6032021Assets 2022: $40,583Liabilities 2022: $0Net Assets 2022: $40,5832022Assets 2023: $1,911Liabilities 2023: $0Net Assets 2023: $1,9112023Assets 2024: $981Liabilities 2024: $0Net Assets 2024: $9812024

Highlighted filing

2016

Assets$40,671
Liabilities$0
Net Assets$40,671

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $67,0002010Expenses 2011: $133,7652011Expenses 2012: $112,3432012Revenue 2013: $86,481Expenses 2013: $92,717Net Income 2013: -$6,2362013Revenue 2014: $98,571Expenses 2014: $91,933Net Income 2014: $6,6382014Revenue 2015: $96,732Expenses 2015: $104,841Net Income 2015: -$8,1092015Revenue 2016: $100,582Expenses 2016: $100,850Net Income 2016: -$2682016Revenue 2017: $105,040Expenses 2017: $107,875Net Income 2017: -$2,8352017Revenue 2018: $105,891Expenses 2018: $110,767Net Income 2018: -$4,8762018Revenue 2019: $71,096Expenses 2019: $70,575Net Income 2019: $5212019Revenue 2020: $45,314Expenses 2020: $44,375Net Income 2020: $9392020Revenue 2021: $46,763Expenses 2021: $46,869Net Income 2021: -$1062021Revenue 2022: -$3,817Expenses 2022: $923Net Income 2022: -$4,7402022Revenue 2023: $2,877Expenses 2023: $18,350Net Income 2023: -$15,4732023Revenue 2024: $3,127Expenses 2024: $0Net Income 2024: $3,1272024

Highlighted filing

2016

Revenue$100,582
Expenses$100,850
Net Income-$268
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 6, 2017
Return Version
2016v3.0
Gross Receipts
$966,779
Mission and Program Overview

Mission

To raise funds for other 501(c)(3) organizations.

To improve the quality of life for youth and their families in the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$40,939$40,671▼ $268
Land, Buildings, and Equipment, Net$21,643$20,390▼ $1,253
Accounts Receivable$4,776$9,324▲ $4,548
Cash and Non-Interest-Bearing Accounts$5,935$5,549▼ $386
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$41,079$40,671▼ $408
Other Assets Total$8,725$5,408▼ $3,317
Liabilities
Accounts Payable and Accrued Expenses$140--
Total Liabilities$140$0▼ $140
Net Assets / Fund Balance
Total Net Assets Fund Balance$40,939$40,671▼ $268
Total Liabilities and Net Assets / Fund Balance$41,079$40,671▼ $408

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,390$28,477-
Other Land Buildings$0$60,149-
Other Assets Org$5,408--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Glenn GrandyPresident
Charolette HallDirector
Keith FogleDirector
Mi JarrettDirector
Sidney SimsDirector
Woodrow HallSecretary
William VernonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$100,582
Change in Net Assets
$-268
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$98,200
Other Expenses$2,650
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$98,200--$98,200
Fees for Services Accounting-$2,650-$2,650
Total Functional Expenses$98,200$2,650$0$100,850
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Clements Boys & Girls ClubKilleen, TXSection 501(c)(3)To Assist the Boys & Girls Club in Providing Educational, Vocational, Social, & Character Development for School Aged Children.$85,200
Schoolage Programs in Your Neighborhood IncKilleen, TXSection 501(c)(3)Behavior Guidance and Promote Health, Social and Educational Skills$13,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$931,795
Gaming Direct Expenses$864,944
Professional Fundraising Fees$0
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
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
No
Other officer compensation reviewed
No
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 does not have committees.

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

The board of directors review the form 990 prior to filing.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Youth Benefit Inc
EIN
74-2194690
Phone
2545195801
Address
304 E CHURCH AVE, KILLEEN, TX 76541

Signing Officer

Name
Wallace Vernon
Title
Treasurer
Phone
2545195801
Signed
2017-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wallace Vernon
Formed
1980
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Lott Vernon & Co Pc
Address
109 E AVE B, KILLEEN, TX 76541
Preparer
James Mobley
Phone
2545260571
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IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0304 E CHURCH AVENUE
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0KILLEEN
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0TX
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd076541
IRS990ScheduleG/StatesWhereGamingConductedCd0TX
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt085200
IRS990ScheduleI/RecipientTable/CashGrantAmt113000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0SECTION 501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1SECTION 501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST THE BOYS & GIRLS CLUB IN PROVIDING EDUCATIONAL, VOCATIONAL, SOCIAL, & CHARACTER DEVELOPMENT FOR SCHOOL AGED CHILDREN.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1BEHAVIOR GUIDANCE AND PROMOTE HEALTH, SOCIAL AND EDUCATIONAL SKILLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CLEMENTS BOYS & GIRLS CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SCHOOLAGE PROGRAMS IN YOUR NEIGHBORHOOD INC
IRS990ScheduleI/RecipientTable/RecipientEIN0741505573
IRS990ScheduleI/RecipientTable/RecipientEIN1261256423
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05100 TRIMMIER ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1304 E CHURCH AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KILLEEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1KILLEEN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd076543
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd176541
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON 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 C, LINE 19
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd01
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt0CHARITY BING 3 ASSOCIATION
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN0272082168
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd01
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct00.50000
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PredominateIncomeDesc0EXCLUDED FROM TAX UNDER SECTION 512
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0PROPERTY MANAGEMENT
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt05409
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt034683
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0304 E CHURCH AVENUE
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm0KILLEEN
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd076541
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt041079
IRS990/TotalAssetsEOYAmt040671
IRS990/TotalAssetsGrp/BOYAmt041079
IRS990/TotalAssetsGrp/EOYAmt040671
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02650
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098200
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100850
IRS990/TotalGrossUBIAmt044802
IRS990/TotalLiabilitiesBOYAmt0140
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0140
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt040939
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt040671
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt098200
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt056732
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-952
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0100582
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt044802
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt041079
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt040671
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0304 E CHURCH AVE
IRS990/USAddress/CityNm0KILLEEN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076541
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WALLACE VERNON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02545195801
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YOUTH BENEFIT INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ATTN WALLACE VERNON
ReturnHeader/Filer/BusinessNameControlTxt0YOUT
ReturnHeader/Filer/EIN0742194690
ReturnHeader/Filer/PhoneNum02545195801
ReturnHeader/Filer/USAddress/AddressLine1Txt0304 E CHURCH AVE
ReturnHeader/Filer/USAddress/CityNm0KILLEEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076541
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.00$0.01$0.03$0.00$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.03$0.18$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.04$0.01$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.00$0.28$0.47$0.47$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$0.45$0.44$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.00$0.33$0.71$0.71$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$1.06$1.11$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$1.05$1.08$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$1.01$1.01$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.97$1.05$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.99$0.92$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.42$0.86$0.93$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$1.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.11$0.57$0.67