Civic Intelligence

Youth Fx Inc.

990 • Fiscal year 2022 • EIN 81-1401093

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 11, 2024

25 Warren StreetAlbany, NY 12202

(518) 526-5586

Siviq Scores

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

Liabilities / Assets

69th percentile

0.11x

Higher debt load relative to assets than 69% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.16x

Higher debt load relative to revenue than 73% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Net Margin

9th percentile

-49%

Higher net margin than 9% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

69th percentile

$58,276

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2022 filings • NTEE A • $500k-$1M nonprofits • Source year 2022

Asset Growth

9th percentile

-25%

Faster asset growth than 9% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-57%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$934,320

Flat from 2022

Net Assets

Flat

$834,278

Flat from 2022

Liabilities

Flat

$100,042

Flat from 2022

Revenue

Flat

$628,290

Flat from 2022

Expenses

Flat

$938,282

Flat from 2022

Net Income

Flat

-$309,992

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $5,059Liabilities 2016: $02016Assets 2017: $5,642Liabilities 2017: $02017Assets 2018: $91,734Liabilities 2018: $0Net Assets 2018: $91,7342018Assets 2019: $236,407Liabilities 2019: $0Net Assets 2019: $236,4072019Assets 2020: $593,974Liabilities 2020: $144,801Net Assets 2020: $449,1732020Assets 2021: $1,244,312Liabilities 2021: $100,042Net Assets 2021: $1,144,2702021Assets 2022: $934,320Liabilities 2022: $100,042Net Assets 2022: $834,2782022Assets 2022: $934,320Liabilities 2022: $100,042Net Assets 2022: $834,2782022Assets 2023: $1,241,027Liabilities 2023: $8,244Net Assets 2023: $1,232,7832023Assets 2024: $2,245,895Liabilities 2024: $57,434Net Assets 2024: $2,188,4612024

Highlighted filing

2022

Assets$934,320
Liabilities$100,042
Net Assets$834,278

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $103,353Expenses 2016: $101,294Net Income 2016: $2,0592016Revenue 2017: $163,620Expenses 2017: $163,037Net Income 2017: $5832017Revenue 2018: $335,689Expenses 2018: $249,597Net Income 2018: $86,0922018Revenue 2019: $558,994Expenses 2019: $414,321Net Income 2019: $144,6732019Revenue 2020: $661,119Expenses 2020: $448,353Net Income 2020: $212,7662020Revenue 2021: $1,462,071Expenses 2021: $766,974Net Income 2021: $695,0972021Revenue 2022: $628,290Expenses 2022: $938,282Net Income 2022: -$309,9922022Revenue 2022: $628,290Expenses 2022: $938,282Net Income 2022: -$309,9922022Revenue 2023: $911,471Expenses 2023: $888,423Net Income 2023: $23,0482023Revenue 2024: $1,255,090Expenses 2024: $1,008,419Net Income 2024: $246,6712024

Highlighted filing

2022

Revenue$628,290
Expenses$938,282
Net Income-$309,992
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 11, 2024
Return Version
2022v5.0
Gross Receipts
$628,290
Mission and Program Overview

Mission

Teaching young people digital media skills

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$500,409$550,588▲ $50,179
Pledges and Grants Receivable$365,100$273,525▼ $91,575
Land, Buildings, and Equipment, Net$45,085$75,035▲ $29,950
Cash and Non-Interest-Bearing Accounts$329,944$32,389▼ $297,555
Prepaid Expenses and Deferred Charges$3,774$2,783▼ $991
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,244,312$934,320▼ $309,992
Other Assets Total-$0-
Liabilities
Deferred Revenue$100,000$100,000→ $0
Other Liabilities$42$42→ $0
Total Liabilities$100,042$100,042→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,144,270$834,278▼ $309,992
Total Net Assets Fund Balance$1,144,270$834,278▼ $309,992
Total Liabilities and Net Assets / Fund Balance$1,244,312$934,320▼ $309,992

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$75,035$49,315$124,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bhawin SuchakExecutive DirectorFT$58,276$58,276
Darian HenryExecutive Off.FT$54,771$54,771

Board Members and Trustees

NameTitle
Truemaster TiminghamPresident
Keith PickardVice President
Jamel MosleyBoard Member
Jenn BaumsteinBoard Member
Judie GilmoreBoard Member
Silvia MejiaBoard Member
Ada HarperSecretary
Lily MercoglianoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$489,550
Program Service Revenue
$137,542
Investment Income
$1,198
Other Revenue
$0
All Other Contributions
$489,550
Change in Net Assets
$-309,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$583,748
Salaries, Compensation, and Employee Benefits$354,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$170,950$42,737-$213,687
Current Officers, Directors, Trustees, and Key Employees$90,438$22,610-$113,048
Insurance$78,923--$78,923
All Other Expenses$18,519$14,864-$33,383
Payroll Taxes$22,239$5,560-$27,799
Fees for Services Accounting-$26,206-$26,206
Depreciation Depletion$22,327--$22,327
Other Expenses$10,899$10,899-$21,798
Travel$16,083--$16,083
Fees for Services Legal-$15,125-$15,125
Office Expenses-$12,126-$12,126
Occupancy$3,300$3,300-$6,600
Fees for Services Other$3,555--$3,555
Advertising$1,696--$1,696
Total Functional Expenses$784,855$153,427$0$938,282
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Payables$42
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

Governance Explanations

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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Youth Fx
EIN
81-1401093
Phone
5185265586
Address
25 WARREN STREET, ALBANY, NY 12202

Signing Officer

Name
Bhawin Suchak
Title
Executive Director
Signed
2024-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bhawin Suchak
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
9

Preparer

Firm
Gabriele Bottini & Associates Llp
Address
43 BRITISH AMERICAN BLVD, LATHAM, NY 12110
Preparer
John P Gabriele
Phone
5184595280
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IRS990/ProgramServiceRevenueGrp/Desc1HONORARIUM
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM SERV. (ROUGE FX)
IRS990/ProgramServiceRevenueGrp/Desc3SCREENINGS
IRS990/ProgramServiceRevenueGrp/Desc4SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt065665
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt260200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31963
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt065665
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt260200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01407688
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02830
IRS990/PYInvestmentIncomeAmt0100
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0428712
IRS990/PYProgramServiceRevenueAmt054283
IRS990/PYRevenuesLessExpensesAmt0695097
IRS990/PYSalariesCompEmpBnftPaidAmt0335432
IRS990/PYTotalExpensesAmt0766974
IRS990/PYTotalRevenueAmt01462071
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-309992
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0500409
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0550588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0489550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01407688
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0714465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0491167
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0202634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03305504
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01198
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0100
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01298
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03305504
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0489550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01407688
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0714465
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0491167
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0202634
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03305504
IRS990ScheduleA/TotalSupportAmt03306802
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt075035
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049315
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0124350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER PAYABLES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075035
IRS990ScheduleD/TotalLiabilityAmt042
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01244312
IRS990/TotalAssetsEOYAmt0934320
IRS990/TotalAssetsGrp/BOYAmt01244312
IRS990/TotalAssetsGrp/EOYAmt0934320
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0489550
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0153427
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0784855
IRS990/TotalFunctionalExpensesGrp/TotalAmt0938282
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100042
IRS990/TotalLiabilitiesEOYAmt0100042
IRS990/TotalLiabilitiesGrp/BOYAmt0100042
IRS990/TotalLiabilitiesGrp/EOYAmt0100042
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01144270
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0834278
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0214
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0214
IRS990/TotalProgramServiceExpensesAmt0784855
IRS990/TotalProgramServiceRevenueAmt0137542
IRS990/TotalReportableCompFromOrgAmt0113047

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