Civic Intelligence

Young Scholars Academy Corp

EIN 84-4330242 • 501(c)3 • Fort Wayne, IN

Profile

To provide an intensive academic-enrichment program for students in northeast Indiana with a strong desire to learn and a goal to get a college degree.

7221 Engle Road Suite 250Fort Wayne, IN 46804
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-54%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $156,612 (-100%) from 2022

Liabilities

Down

$0

Down $30,770 (-100%) from 2022

Net Assets

Down

$0

Down $125,842 (-100%) from 2022

Revenue

Down

$66,201

Down $77,723 (-54%) from 2022

Expenses

Up

$66,201

Up $20,772 (+46%) from 2022

Net Income

Down

$0

Down $98,495 (-100%) from 2022

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2022: $156,612Liabilities 2022: $30,770Net Assets 2022: $125,8422022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$150K$100K$50K$0Revenue 2022: $143,924Expenses 2022: $45,429Net Income 2022: $98,4952022Revenue 2023: $66,201Expenses 2023: $66,201Net Income 2023: $02023

Highlighted filing

2023

Revenue$66,201
Expenses$66,201
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Mar 31, 2023
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$66,201
Mission and Program Overview

Mission

To provide an intensive academic-enrichment program for students in northeast Indiana with a strong desire to learn and a goal to get a college degree.

Program Services

DescriptionGrantsExpenses
YSA served 114 students during the 2022-23 school year from 35 partner middle and high schools. A two-week summer camp will be held that includes a three-night stay in campus dorms. Its focus is writing, STEAM, computer science and leadership courses. College counseling classes for high school juniors and seniors were also held. Student/parent meetings were held the second Saturday of the month. Writing classes. Will graduate five students at the Senior Recognition event who are all attending college in the Fall. The programming will continue under the Boys and Girls Clubs of Fort Wayne.$0$30,219
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard D WaterfieldChairman-$0--
Susan JohnsonVice Chair-$0--
Pascal LosambeVice Chair-$0--
Rebecca TeagardenSecretary Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Young Scholars Academy Corp
EIN
84-4330242
Phone
2604348512
Address
7221 Engle Road Suite 250, Fort Wayne, IN 46804

Signing Officer

Name
Rebecca Teagarden
Title
Treasurer
Phone
2604348512
Signed
2023-05-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Balance of ARPA grant transferred to Boys and Girls Clubs of Fort Wayne as part of the dissolution and becoming a program of this organization.

Form 990-EZ, Part I, Line 16

Payment to university for Secondment Agreement. Purchase of 50 iPads and extended warranties.

Form 990-EZ, Part II, Line 24

Chromebooks and 50 new iPads, laptop and cell phone, office supplies, program manuals all transferred to the Boys and Girls Clubs of Fort Wayne

Form 990-EZ, Part II, Line 26

Payment to university for Secondment Agreement 2nd and 3rd qtr leased employees along with all assets being transferred to Boys and Girls Clubs of Fort Wayne after our dissolution and legal billings in handling the dissolution.

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