Civic Intelligence

Young Authors Publishing Comapny

EIN 83-4242262 • 501(c)3 • Atlanta, GA

990-N Coverage

Profile

Mission statement:

807 Student Movement BlvdAtlanta, GA 30314

www.youngauthorspublishing.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.44x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.53x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

14th percentile

-54%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$30,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 54.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$20,228

No earlier filing loaded for comparison.

Liabilities

$29,141

No earlier filing loaded for comparison.

Net Assets

-$8,913

No earlier filing loaded for comparison.

Revenue

$55,166

No earlier filing loaded for comparison.

Expenses

$84,960

No earlier filing loaded for comparison.

Net Income

-$29,794

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2021: $20,228Liabilities 2021: $29,141Net Assets 2021: -$8,9132021

Highlighted filing

2021

Assets$20,228
Liabilities$29,141
Net Assets-$8,913

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $55,166Expenses 2021: $84,960Net Income 2021: -$29,7942021

Highlighted filing

2021

Revenue$55,166
Expenses$84,960
Net Income-$29,794

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$20.2$29.1$8.91$55.2$85.0$29.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.0
Gross Receipts
$55,166
Mission and Program Overview

Mission

Mission statement:

Program Services

DescriptionGrantsExpenses
the organization held x events to publicize the young authors' books and was able to sell xx number of books.$10,921$60,079
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leah HernandezExecutive Director, FounderFT$30,000-$30,000
Anthony OteyDirectorPT$0--
Carrie BloxsonDirector-$0--
Helena BrantleyDirector-$0--
Kevin SmoklerDirector-$0--
Rod BatisteDirectorPT$0--
Lakesha LandersDirector-$0--
Mark PeaksDirector-$0--
Bob DickinsonDirector-$0--
Amy Barrett-DaffinDirector-$0--
Filing and Contact Details

Filer

Filer Name
Young Authors Publishing Comapny
EIN
83-4242262
Phone
9514630027
Address
807 Student Movement Blvd, Atlanta, GA 30314

Signing Officer

Name
Leah HERNANDEZ
Title
Executive Director
Phone
9514630027
Signed
2022-05-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Licensing, $1,695

Form 990-EZ, Part I, Line 16

Royalties, $2,781, Illustrators, $11,621, Graphic Designers, $4,830, Other $4,833

Form 990-EZ, Part II, Line 24

Inventories: $4,419

Form 990-EZ, Part II, Line 26

Loans due to Exec Director, $15,000 and Royalty Payable, $14,141

Form 990-EZ, Part V, Line 34

YAP board of directors did vote to transition the organization from the not-for-profit status to a for-profit entity. The organization had a negative fund balance but due to a loan from the founder, the organization was able to complete the year and honor its obligations. The new entity will assume to debts of the nonprofit (authors' royalties) and honor the agreement to sell the inventory for the young authors previously in place. The new entity's mission will remain the same - to produce diverse and culturally relevant children's books and to use book publishing as a vehicle for economic mobility for our young authors. All required notices have been or will be sent out as required. The nonprofit will cease to exist after the 2021 annual year.

Form 990-EZ, Part V, Line 36

See Schedule N for details

Raw XML Appendix244 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director, Founder
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0YAP Global Inc
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Cash to sustain operations
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0YAP Global Inc made a loan to Young Author's Publishing to support payroll and general operations. This amount was entered as a loan and approved by the Board of Directors.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part II
IRS990ScheduleL/TotalBalanceDueAmt015000
IRS990ScheduleN/DirectorOfSuccessor2Ind01
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0The assets available are books with a value of $4,419. These books will be sold for the benefit of the young authors, as agreed. YAP Global, the surviving company, will honor the agreement to sell the books and it will also pay the Author's royalty that are due at the end of 2021.
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0YAP Global LLC
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02021-12-31
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0872808770
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IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Reconciliation of Inventory at the end of the year. The books will be sold at RETAIL VALUE for the young authors as originally agreed between Young Author's Publishing and YAP Global.
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0807 Student Movement Blvd
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Atlanta
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0GA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd030314
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IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0Leah Hernandez, the founder of Young Author's Publishing (non-profit) will assume the position of executive director and Chief Executive Officer of YAP Global.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule N, Part II, Line 2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Licensing, $1,695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Royalties, $2,781, Illustrators, $11,621, Graphic Designers, $4,830, Other $4,833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Inventories: $4,419
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Loans due to Exec Director, $15,000 and Royalty Payable, $14,141
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4YAP board of directors did vote to transition the organization from the not-for-profit status to a for-profit entity. The organization had a negative fund balance but due to a loan from the founder, the organization was able to complete the year and honor its obligations. The new entity will assume to debts of the nonprofit (authors' royalties) and honor the agreement to sell the inventory for the young authors previously in place. The new entity's mission will remain the same - to produce diverse and culturally relevant children's books and to use book publishing as a vehicle for economic mobility for our young authors. All required notices have been or will be sent out as required. The nonprofit will cease to exist after the 2021 annual year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5See Schedule N for details
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part V, Line 34
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part V, Line 36
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Leah HERNANDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09514630027
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YOUNG AUTHORS PUBLISHING COMAPNY
ReturnHeader/Filer/BusinessNameControlTxt0YOUN
ReturnHeader/Filer/EIN0834242262
ReturnHeader/Filer/PhoneNum09514630027
ReturnHeader/Filer/USAddress/AddressLine1Txt0807 Student Movement Blvd
ReturnHeader/Filer/USAddress/CityNm0Atlanta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030314
ReturnHeader/ReturnTs02022-05-15T21:18:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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