Civic Intelligence

Legacy Youth Leadership International

990 • Fiscal year 2018 • EIN 81-2177352

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 01, 2020

5478 Wilshire BlvdLos Angeles, CA 90036

(323) 746-5017

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$143,500

Down $67,880 (-32%) from 2017

Net Assets

Down

-$645,895

Down $560,109 (-653%) from 2017

Liabilities

Up

$789,395

Up $492,229 (+166%) from 2017

Revenue And Expenses

Revenue

Up

$1,611,458

Up $259,989 (+19%) from 2017

Expenses

Up

$2,081,728

Up $677,916 (+48%) from 2017

Net Income

Down

-$470,270

Down $417,927 (-798%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2016: $44,366Liabilities 2016: $77,809Net Assets 2016: -$33,4432016Assets 2017: $211,380Liabilities 2017: $297,166Net Assets 2017: -$85,7862017Assets 2018: $143,502Liabilities 2018: $234,461Net Assets 2018: -$90,9592018Assets 2018: $143,500Liabilities 2018: $789,395Net Assets 2018: -$645,8952018Assets 2019: $238,100Liabilities 2019: $971,993Net Assets 2019: -$733,8932019Assets 2020: $74,904Liabilities 2020: $990,802Net Assets 2020: -$915,8982020Assets 2021: $104,348Liabilities 2021: $781,872Net Assets 2021: -$677,5242021Assets 2022: $341,180Liabilities 2022: $904,053Net Assets 2022: -$562,8732022Assets 2023: $561,086Liabilities 2023: $819,916Net Assets 2023: -$258,8302023Assets 2024: $529,979Liabilities 2024: $779,584Net Assets 2024: -$249,6052024

Highlighted filing

2018

Assets$143,500
Liabilities$789,395
Net Assets-$645,895

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $780,005Expenses 2016: $813,448Net Income 2016: -$33,4432016Revenue 2017: $1,351,469Expenses 2017: $1,403,812Net Income 2017: -$52,3432017Revenue 2018: $2,099,503Expenses 2018: $2,104,676Net Income 2018: -$5,1732018Revenue 2018: $1,611,458Expenses 2018: $2,081,728Net Income 2018: -$470,2702018Revenue 2019: $2,277,897Expenses 2019: $2,365,895Net Income 2019: -$87,9982019Revenue 2020: $1,663,214Expenses 2020: $1,512,087Net Income 2020: $151,1272020Revenue 2021: $1,774,661Expenses 2021: $1,536,287Net Income 2021: $238,3742021Revenue 2022: $2,023,184Expenses 2022: $1,908,533Net Income 2022: $114,6512022Revenue 2023: $2,268,114Expenses 2023: $1,964,071Net Income 2023: $304,0432023Revenue 2024: $1,950,271Expenses 2024: $1,941,046Net Income 2024: $9,2252024

Highlighted filing

2018

Revenue$1,611,458
Expenses$2,081,728
Net Income-$470,270
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 1, 2020
Return Version
2018v3.1
Gross Receipts
$1,766,695
Mission and Program Overview

Mission

Legacy Youth Leadership (Legacy) is a nonprofit organization that is building better leaders who will build a better world. Legacy knows that young people are not just the future, they are the present. Legacy runs free youth leadership and mentoring programs in low-income school communities that teach students how to use their time, their money, their voice, and their vote so they can be leaders TODAY. We prioritize making our programs available to students living in low-income & underserved communities. Legacys Programs develop, mentor, and equip young people with the skills & experience they need to reach their academic goals, make a REAL impact on the world around them, and thrive.

Thirst project support is a nonprofit organization that is working to build asocially-conscious & active generation of young people. Thirst project supportprovides free educational & activism programs, leadership coaching & mentoring toyoung people to supplement students' existing school & youth development . Thirstsupport also provides administrative & operational support to the thirst project.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$64,059$612,793▲ $548,734
Land, Buildings, and Equipment, Net$77,062$86,856▲ $9,794
Cash and Non-Interest-Bearing Accounts$21,071$52,539▲ $31,468
Accounts Receivable-$2,000-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-175,625$-645,895▼ $470,270
Total Assets$98,133$143,500▲ $45,367
Other Assets Total-$2,105-
Liabilities
Accounts Payable and Accrued Expenses$106,622$103,267▼ $3,355
Mortgage Notes Payable Secured by Investment Property$103,077$73,335▼ $29,742
Total Liabilities$273,758$789,395▲ $515,637
Net Assets / Fund Balance
Total Net Assets Fund Balance$-175,625$-645,895▼ $470,270
Total Liabilities and Net Assets / Fund Balance$98,133$143,500▲ $45,367

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$86,856$30,877$117,733
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Seth MaxwellPresidentFT$138,435$4,825$143,260

Board Members and Trustees

NameTitle
MICHELLE O' DROSKEChair
Joey FullerPresident
Jason FryVice Chair
Andrea RuppBoard Member
Andrew VarelaBoard Member
Antoine MunfakhBoard Member
Dara RummelBoard Member
David MccloskeyBoard Member
Kellie SakeyBoard Member
Michael C ManningBoard Member
Pauly PerretteBoard Member
Taylor ShupeBoard Member
Tina SilvestriBoard Member
Will KassoyBoard Member
T S NowlinSecretary
Andrew BaldwinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,653,210
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-41,752
All Other Contributions
$1,382,710
Change in Net Assets
$-470,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,334,569
Salaries, Compensation, and Employee Benefits$550,887
Total Fundraising Expense$368,394
Grants and Similar Amounts Paid$196,272
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$112,552$110,548$90,383$313,483
All Other Expenses$143,881$96,072$66,770$306,723
Travel$207,904$5,663-$213,567
Grants to Domestic Orgs$196,272--$196,272
Current Officers, Directors, Trustees, and Key Employees$107,445$35,815-$143,260
Advertising$61,893$12,146$63,948$137,987
Other Expenses$73,934-$54,069$73,934
Occupancy-$68,300-$68,300
Payroll Taxes$26,485$26,485-$52,970
Insurance-$46,026-$46,026
Office Expenses-$45,174-$45,174
Other Employee Benefits$15,596$15,596-$31,192
Fees for Services Legal$2,752$19,870-$22,622
Depreciation Depletion$19,599--$19,599
Pension Plan Contributions$4,991$4,991-$9,982
Interest-$730-$730
Total Functional Expenses$1,225,918$487,416$368,394$2,081,728
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Thirst ProjectLos Angeles, CA501(c)(3)-$181,272
People Helping People NetworkIndianapolis, IN501(c)(3)-$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$155,237
Fundraising Gross Income$105,750
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$376,250$105,750$155,237$-49,487
Total Events$376,250$105,750$155,237$-49,487
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
Loans from Officers, Directors, Trustees, and Key Employees$64,059$612,793▲ $548,734
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

The president reviews the 990 prior to submittal based on financials and policiesthat have been previously reviewed by the board as a whole.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All major strategy and business decisions are board approved. The year's activitiesare reviewed at the year end board meeting . The board is trained in conflict ofinterest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Changes in executive and key employee compensation are subject to a compensationcommittee using a compensation survey. Any agreed upon changes made by thecompensation committee are detailed in a written contract.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Changes in executive and key employee compensation are subject to a compensationcommittee using a compensation survey. Any agreed upon changes made by thecompensation committee are detailed in a written contract.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its form 990, organizational documents, and form 1023available upon request

Filing and Contact Details

Filer

Filer Name
Thirst Project Support
EIN
81-2177352
Phone
3237465017
Address
5478 WILSHIRE BLVD, LOS ANGELES, CA 90036

Signing Officer

Name
Seth Maxwell
Title
President
Signed
2020-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Seth Maxwell
Formed
2016
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
16
Employees
7
Volunteers
100

Preparer

Firm
Stern Kory Sreden & Morgan AAC
Address
24961 The Old Road 2nd Floor, Stevenson Ranch, CA 91381
Preparer
Douglas a Ridnor CPA
Phone
6612861040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

ADMINISTRATIVE EXPENSES : Column (A) - Total = $33565; Column (B) - Program Services = $24699; Column (C) - Management & General = $8866; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CURRICULUM: Column (A) - Total = $546; Column (B) - Program Services = $546; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FUNDRAISING: Column (A) - Total = $63843; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $63843

Form 990, Part IX, Line 24E: Other Expenses

GALA EXPENSES: Column (A) - Total = $65777; Column (B) - Program Services = $65777; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

IT EXPENSES: Column (A) - Total = $2171; Column (B) - Program Services = $0; Column (C) - Management & General = $2171; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MEALS AND ENTERTAINMENT: Column (A) - Total = $2190; Column (B) - Program Services = $0; Column (C) - Management & General = $2190; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

OUTSIDE CONTRACTORS: Column (A) - Total = $5997; Column (B) - Program Services = $0; Column (C) - Management & General = $5997; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PARKING: Column (A) - Total = $4171; Column (B) - Program Services = $0; Column (C) - Management & General = $4171; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PENALTY: Column (A) - Total = $658; Column (B) - Program Services = $0; Column (C) - Management & General = $658; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $5781; Column (B) - Program Services = $1927; Column (C) - Management & General = $1927; Column (D) - Fundraising = $1927

Form 990, Part IX, Line 24E: Other Expenses

REPAIRS AND MAINTENANCE: Column (A) - Total = $33863; Column (B) - Program Services = $0; Column (C) - Management & General = $33863; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SPEAKERS: Column (A) - Total = $14528; Column (B) - Program Services = $14528; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SPECIAL EVENTS: Column (A) - Total = $13675; Column (B) - Program Services = $13675; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

STAFF DEVELOPMENT: Column (A) - Total = $23262; Column (B) - Program Services = $0; Column (C) - Management & General = $23262; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SUPPLIES: Column (A) - Total = $2613; Column (B) - Program Services = $2613; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TAXES AND LICENSES: Column (A) - Total = $8989; Column (B) - Program Services = $0; Column (C) - Management & General = $8989; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE AND INTERNET: Column (A) - Total = $11478; Column (B) - Program Services = $6500; Column (C) - Management & General = $3978; Column (D) - Fundraising = $1000

Form 990, Part IX, Line 24E: Other Expenses

TOLLS: Column (A) - Total = $824; Column (B) - Program Services = $824; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

UTILITIES: Column (A) - Total = $12792; Column (B) - Program Services = $12792; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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