Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Refreshing map…
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.15x
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Balance Sheet
Assets
Up$25,597
Up $21,060 (+464%) from 2022
Net Assets
Up$21,753
Up $21,123 (+3353%) from 2022
Liabilities
Down$3,844
Down $63 (-1.6%) from 2022
Revenue And Expenses
Revenue
Up$280,905
Up $172,108 (+158%) from 2022
Expenses
Up$263,689
Up $158,842 (+151%) from 2022
Net Income
Up$17,216
Up $13,266 (+336%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 19, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $306,472
Mission and Program Overview
Mission
YOUTH SERVICE PROGRAMS
Inspire under resourced young adults to overcome adversity and empouer them to leverage their passion through mentoring, partner events, festivals, excursions, and innovative workshops.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $4,537 | $25,597 | ▲ $21,060 |
| Loans From Officers Directors | - | $3,844 | - |
| Total Assets | $4,537 | $25,597 | ▲ $21,060 |
| Liabilities | |||
| Total Liabilities | $0 | $3,844 | ▲ $3,844 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $4,537 | $21,753 | ▲ $17,216 |
| Total Net Assets Fund Balance | $4,537 | $21,753 | ▲ $17,216 |
| Total Liabilities and Net Assets / Fund Balance | $4,537 | $25,597 | ▲ $21,060 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Christopher Thomas | Officer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $268,275
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $12,630
- All Other Contributions
- $62,378
- Change in Net Assets
- $17,216
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $197,083 |
| Salaries, Compensation, and Employee Benefits | $66,606 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $47,978 | $18,628 | - | $66,606 |
| Fees for Services Other | $46,615 | $3,841 | - | $50,456 |
| Occupancy | $31,383 | $10,835 | - | $42,218 |
| Advertising | $25,470 | $15,515 | - | $40,985 |
| Office Expenses | $502 | $19,515 | - | $20,017 |
| Fees for Services Accounting | - | $5,101 | - | $5,101 |
| Insurance | $500 | $2,660 | - | $3,160 |
| Other Expenses | $29,820 | $1,098 | - | $1,098 |
| Total Functional Expenses | $182,268 | $81,421 | $0 | $263,689 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $38,197 |
| Fundraising Direct Expenses | $25,567 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Music Festiv | $38,197 | $38,197 | $2,817 | $35,380 |
| Total Events | $38,197 | $38,197 | $25,567 | $12,630 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Chris Thomas | Founder and Board Member | Rental of Office Space | No | $38,851 |
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | - | $3,844 | - |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- Yes
- 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
“The Treasurer and Executive Director reviews the form 990 with other designated board members and executive officers. A final copy of 990 is distributed to entire board prior to its filing.”
Conflict of interest policy compliance Part VI line 12C
“The policy requires board members to disclose a financial interest in the organization or related entities or an organization that conducts transactions with the organization. If the financial interest is deemed a conflict of interest, the board member is not allowed to vote on related transactions or arrangements. If the transaction or arrangement involves compensation to the board member, the board member also cannot vote. Each board member must sign a conflict of interest statement, annually.”
CEO executive director top management comp Part VI line 15A
“To determine a fair and equitable compensation, YourPassion board reviews compensation rates for individuals in comparable positions through job websites for comparability prior to presenting the compensation package to the Independent Board of Directors which does not include the individual whose compensation is being considered. The Board reviews the reasonableness of the compensation arrangement and approval is documented in the Board Minutes. Since YourPassion is a young organization much consideration is given to availability of funds.”
Other officer or key employee compensation Part VI line 15B
“To determine a fair and equitable compensation, YourPassion board reviews compensation rates for individuals in comparable positions through job websites for comparability prior to presenting the compensation package to the Independent Board of Directors which does not include the individual whose compensation is being considered. The Board reviews the reasonableness of the compensation arrangement and approval is documented in the Board Minutes. Since YourPassion is a young organization much consideration is given to availability of funds.”
Governing documents etc available to public Part VI line 19
“All governing documents and financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Your Passion 1st
- EIN
- 83-3924974
- Address
- 120 LAKE STREET STE Unit D, Oak Park, IL 60302
Signing Officer
- Name
- Christopher K Thomas
- Title
- Executive Direc
- Phone
- 7739046814
- Signed
- 2024-11-19
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Christopher Thomas
- Formed
- 2019
- Legal Domicile
- Il
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 2
- Volunteers
- 20
Preparer
- Firm
- Arauz & Co
- Address
- 1633 N Western Ave, Chicago, IL 60647
- Preparer
- Noelia V Gamino
- Phone
- 7738620439
Supplemental Narrative
Additional Explanations
List of other fees for services expenses Part IX line 11G
“Coaching/Mentoring/Training: $29,225Event Performer: $540Grant Writers: $12,000Other Professional Services: $4,850”
List of other expenses Part IX line 24E
“Equipment Rental: $1597Event Management: $400Event Security: $720Supplies: $100Competition Prize: $1,500”
Raw XML Appendix325 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Inspire under resourced young adults to overcome adversity and empouer them to leverage their passion through mentoring, partner events, festivals, excursions, and innovative workshops. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 15515 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 25470 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 40985 |
| IRS990/AllOtherContributionsAmt | 0 | 62378 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | CHRISTOPHER THOMAS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7739046814 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 120 LAKE ST UNIT D |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Oak Park |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60302 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 4537 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 25597 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 18628 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 47978 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 66606 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 268275 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 197083 |
| IRS990/CYOtherRevenueAmt | 0 | 12630 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 17216 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 66606 |
| IRS990/CYTotalExpensesAmt | 0 | 263689 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 280905 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | Ambassador Program focused on inspiring over 500 young adults to follow their passion into the workforce through mentoring, coaching, & community involvement. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 147133 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 5101 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5101 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 3841 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 46615 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 50456 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHRISTOPHER THOMAS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | OFFICER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2019 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingDirectExpensesAmt | 0 | 25567 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 38197 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 205897 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 306472 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2660 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 500 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3160 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | true |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 3844 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Inspire under resourced young adults to overcome adversity and empouer them to leverage their passion through mentoring, partner events, festivals, excursions, and innovative workshops. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4537 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 21753 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 12630 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 12630 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4537 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 21753 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 10835 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 31383 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 42218 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 19515 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 502 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 20017 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | AUTO EXP |
| IRS990/OtherExpensesGrp/Desc | 1 | PROGRAM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | MEALS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4228 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1098 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 29820 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 4228 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 29820 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1098 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | CHRISTOPHER THOMAS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Youth Empowerment Music Festival- Coached (1 on 1) 39 young adults through entrepreneurship program. 26 were able to start their journey of making their passion a career |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 31254 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 50018 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Community Impact: Back to School, Wellness (over 600attendees),& food giveaway festivals, impacting over 960 families |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 3881 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 17216 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 218257 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 268275 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44679 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 36679 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 349633 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52000 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 52000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.48020 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.71600 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 192868 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 208765 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 268275 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96679 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 36679 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 401633 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 401633 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt | 0 | 1500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt | 0 | 1500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 25567 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 16829 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 16829 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | Music Festiv |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 3721 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 3721 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 38197 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 38197 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 38197 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 38197 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 12630 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 2817 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 2817 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 700 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 700 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | CHRIS THOMAS |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | FOUNDER AND BOARD MEMBER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 38851 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | RENTAL OF OFFICE SPACE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 3844 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | PROVIDE FNDG FOR EXP |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 3907 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | CHRIS THOMAS |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | FOUNDER AND BOARD ME |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 3844 |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Treasurer and Executive Director reviews the form 990 with other designated board members and executive officers. A final copy of 990 is distributed to entire board prior to its filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The policy requires board members to disclose a financial interest in the organization or related entities or an organization that conducts transactions with the organization. If the financial interest is deemed a conflict of interest, the board member is not allowed to vote on related transactions or arrangements. If the transaction or arrangement involves compensation to the board member, the board member also cannot vote. Each board member must sign a conflict of interest statement, annually. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | To determine a fair and equitable compensation, YourPassion board reviews compensation rates for individuals in comparable positions through job websites for comparability prior to presenting the compensation package to the Independent Board of Directors which does not include the individual whose compensation is being considered. The Board reviews the reasonableness of the compensation arrangement and approval is documented in the Board Minutes. Since YourPassion is a young organization much consideration is given to availability of funds. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | To determine a fair and equitable compensation, YourPassion board reviews compensation rates for individuals in comparable positions through job websites for comparability prior to presenting the compensation package to the Independent Board of Directors which does not include the individual whose compensation is being considered. The Board reviews the reasonableness of the compensation arrangement and approval is documented in the Board Minutes. Since YourPassion is a young organization much consideration is given to availability of funds. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | All governing documents and financial statements are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Coaching/Mentoring/Training: $29,225Event Performer: $540Grant Writers: $12,000Other Professional Services: $4,850 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Equipment Rental: $1597Event Management: $400Event Security: $720Supplies: $100Competition Prize: $1,500 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | List of other fees for services expenses Part IX line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | List of other expenses Part IX line 24e |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 4537 |
| IRS990/TotalAssetsEOYAmt | 0 | 25597 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 4537 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 25597 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 268275 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 81421 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 182268 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 263689 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3844 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3844 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 4537 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 21753 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 182268 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 12630 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 280905 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 20 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 4537 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 25597 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 120 LAKE ST UNIT D |
| IRS990/USAddress/CityNm | 0 | Oak Park |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60302 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Christopher K Thomas |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIREC |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7739046814 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | YOUR PASSION 1ST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | YOUR |
| ReturnHeader/Filer/EIN | 0 | 833924974 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 120 LAKE STREET STE Unit D |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Oak Park |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60302 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 364354180 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Arauz & Co |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1633 N Western Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Chicago |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60647 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7738620439 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Noelia V Gamino |
| ReturnHeader/ReturnTs | 0 | 2024-11-19T18:53:58-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $25,597
- Liabilities
- $3,844
- Net assets
- $21,753
- Revenue
- $280,905
- Expenses
- $263,689
- Net income
- $17,216