Civic Intelligence

Youth Development Incorporated

990 • Fiscal year 2022 • EIN 85-0246036

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

3411 Candelaria Rd NE Suite JAlbuquerque, NM 87107

(505) 831-6038

Siviq Scores

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

Liabilities / Assets

85th percentile

0.62x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • NTEE P • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

30th percentile

0.15x

Higher debt load relative to revenue than 30% of similar nonprofits.

2022 filings • NTEE P • $25M-$50M nonprofits • Source year 2022

Net Margin

29th percentile

0.3%

Higher net margin than 29% of similar nonprofits.

2022 filings • NTEE P • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

19th percentile

$176,250

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2022 filings • NTEE P • $25M-$50M nonprofits • Source year 2022

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2022 filings • NTEE P • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-1.6%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • NTEE P • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$7,452,993

Up $914,358 (+14%) from 2021

Net Assets

Up

$2,822,568

Up $94,186 (+3.5%) from 2021

Liabilities

Up

$4,630,425

Up $820,172 (+22%) from 2021

Revenue

Down

$30,535,015

Down $486,550 (-1.6%) from 2021

Expenses

Up

$30,440,829

Up $2,578,751 (+9.3%) from 2021

Net Income

Down

$94,186

Down $3,065,301 (-97%) from 2021

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $8,827,863Liabilities 2010: $4,145,981Net Assets 2010: $4,681,8822010Assets 2011: $8,122,162Liabilities 2011: $4,374,872Net Assets 2011: $3,747,2902011Assets 2012: $7,488,446Liabilities 2012: $4,310,546Net Assets 2012: $3,177,9002012Assets 2013: $7,861,971Liabilities 2013: $5,081,682Net Assets 2013: $2,780,2892013Assets 2014: $7,846,611Liabilities 2014: $5,383,187Net Assets 2014: $2,463,4242014Assets 2015: $7,378,019Liabilities 2015: $4,879,099Net Assets 2015: $2,498,9202015Assets 2016: $7,016,117Liabilities 2016: $4,676,395Net Assets 2016: $2,339,7222016Assets 2017: $5,773,948Liabilities 2017: $4,099,078Net Assets 2017: $1,674,8702017Assets 2018: $3,635,181Liabilities 2018: $2,499,397Net Assets 2018: $1,135,7842018Assets 2019: $3,659,956Liabilities 2019: $2,622,789Net Assets 2019: $1,037,1672019Assets 2020: $7,438,601Liabilities 2020: $7,869,706Net Assets 2020: -$431,1052020Assets 2021: $6,538,635Liabilities 2021: $3,810,253Net Assets 2021: $2,728,3822021Assets 2022: $7,452,993Liabilities 2022: $4,630,425Net Assets 2022: $2,822,5682022Assets 2023: $9,922,466Liabilities 2023: $5,917,816Net Assets 2023: $4,004,6502023Assets 2024: $15,650,325Liabilities 2024: $7,894,090Net Assets 2024: $7,756,2352024

Highlighted filing

2022

Assets$7,452,993
Liabilities$4,630,425
Net Assets$2,822,568

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $24,788,1382010Revenue 2011: $25,463,280Expenses 2011: $26,397,872Net Income 2011: -$934,5922011Expenses 2012: $26,335,7302012Expenses 2013: $24,670,6652013Revenue 2014: $23,152,342Expenses 2014: $23,469,207Net Income 2014: -$316,8652014Revenue 2015: $24,631,131Expenses 2015: $24,595,635Net Income 2015: $35,4962015Revenue 2016: $25,850,224Expenses 2016: $26,009,422Net Income 2016: -$159,1982016Revenue 2017: $23,297,185Expenses 2017: $23,962,037Net Income 2017: -$664,8522017Revenue 2018: $22,232,657Expenses 2018: $22,688,401Net Income 2018: -$455,7442018Revenue 2019: $23,264,551Expenses 2019: $23,236,782Net Income 2019: $27,7692019Revenue 2020: $24,687,592Expenses 2020: $25,944,347Net Income 2020: -$1,256,7552020Revenue 2021: $31,021,565Expenses 2021: $27,862,078Net Income 2021: $3,159,4872021Revenue 2022: $30,535,015Expenses 2022: $30,440,829Net Income 2022: $94,1862022Revenue 2023: $32,003,732Expenses 2023: $30,870,687Net Income 2023: $1,133,0452023Revenue 2024: $40,282,738Expenses 2024: $36,531,153Net Income 2024: $3,751,5852024

Highlighted filing

2022

Revenue$30,535,015
Expenses$30,440,829
Net Income$94,186
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.0
Gross Receipts
$30,544,155
Mission and Program Overview

Mission

To work with our community to create and effectively implement a results- based continuum of services assuring that children, youth and families achieve their full potential.

Ydi's mission is to partner with families to help them solve life's problems. We do this with an accepting and culturally competent environment, diverse services, and proven results.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,649,839$2,978,739▲ $328,900
Pledges and Grants Receivable$2,551,195$2,470,197▼ $80,998
Cash and Non-Interest-Bearing Accounts$1,167,815$1,411,510▲ $243,695
Savings and Temporary Cash Investments$82,645$518,935▲ $436,290
Prepaid Expenses and Deferred Charges$9,873$67,574▲ $57,701
Accounts Receivable$62,278$6,038▼ $56,240
Total Assets$6,538,635$7,452,993▲ $914,358
Other Assets Total$14,990--
Liabilities
Accounts Payable and Accrued Expenses$2,416,557$2,209,645▼ $206,912
Unsecured Notes Loans Payable$1,325,628$1,227,580▼ $98,048
Deferred Revenue$20,000$1,193,200▲ $1,173,200
Other Liabilities$48,068--
Total Liabilities$3,810,253$4,630,425▲ $820,172
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,565,732$2,597,268▲ $31,536
Net Assets With Donor Restrictions$162,650$225,300▲ $62,650
Total Net Assets Fund Balance$2,728,382$2,822,568▲ $94,186
Total Liabilities and Net Assets / Fund Balance$6,538,635$7,452,993▲ $914,358

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,138,735$3,061,686$5,200,421
Equipment$512,665$2,667,804$3,180,469
Land$327,339-$327,339
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Diego GallegosCEOFT$146,773$29,477$176,250
Robert ChavezCOO (CEO inFT$140,075$29,336$169,411
Robert ChavezCOO (CEO in Fy 2023)-$140,075$29,336$169,411
Debra BacaVice PresideFT$133,001$20,595$153,596
Debra BacaVice President, Ece-$133,001$20,595$153,596
Concha CordovaVice PresideFT$112,892$25,843$138,735
Donna MartinezVice PresideFT$111,862$22,865$134,727
Diana LopezVice PresideFT$115,129$18,308$133,437

Board Members and Trustees

NameTitle
Debra SingletaryChair
Carl BroachVice Chair
Cindy NavaBoard Member
Dawn EsquibelBoard Member
Louise SanchezBoard Member
Marie T MartinezBoard Member
Mark DinelliBoard Member
Mary HaleBoard Member
Steve LuceroBoard Member
Walter M VigilBoard Member
Melissa ArmijoSecretary
Kevin BrewsterTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hpj Properties LLCRent320 GOLD AVE SE STE 400, Albuquerque, NM 87102$279,738
Brady IndustriesSupplies7055 LINDELL ROAD, Las Vegas, NV 89118$105,903
Revenue and Support

Revenue Composition

Contributions and Grants
$30,174,170
Program Service Revenue
$0
Investment Income
$921
Other Revenue
$359,924
All Other Contributions
$45,059
Change in Net Assets
$94,186

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,535,015
Revenue Not Reported on Form 990
$449,140
Total Revenue per Audited Statements
$30,984,155
Total Revenue per Form 990
$30,535,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,231,671
Other Expenses$7,053,442
Grants and Similar Amounts Paid$155,716
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,014,988$1,955,584-$17,970,572
Payroll Taxes$2,048,752$157,191-$2,205,943
Other Employee Benefits$1,619,716$150,613-$1,770,329
Occupancy$1,525,855$165,378-$1,691,233
Fees for Services Other$820,889$211,379-$1,032,268
Pension Plan Contributions$864,032$75,133-$939,165
Other Expenses$316,509$78,665-$395,174
All Other Expenses$218,330$127,393-$345,723
Current Officers, Directors, Trustees, and Key Employees$307,639$38,023-$345,662
Insurance$294,387$33,992-$328,379
Depreciation Depletion-$268,792-$268,792
Travel$186,503$9,848-$196,351
Grants to Domestic Individuals$155,716--$155,716
Interest-$98,238-$98,238
Advertising$72,936$23,033-$95,969
Fees for Services Accounting-$44,401-$44,401
Office Expenses$12,017$1,639-$13,656
Fees for Services Legal-$1,987-$1,987
Total Functional Expenses$26,915,991$3,524,838$0$30,440,829

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$30,889,969
Expenses per Audited Statements$30,440,829
Total Expenses per Form 990$30,440,829
Expenses Not Reported on Form 990$449,140
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,919
Fundraising Direct Expenses$9,140
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$19,919$19,919$9,140$10,779
Total Events$19,919$19,919$9,140$10,779
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
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, Page 6, Part VI, Line 11B

After the return is prepared by an independent accounting firm, management and the board of directors review the final form 990 for completeness and accuracy. The governing board approves the final copy and the return is filed

Form 990, Page 6, Part VI, Line 12C

Each employee is required to review and sign a conflict of interest statement annually. Each year the board of directors and management are required to sign a conflict of interest policy which is reviewed and approved by the board of directors. If any covered member decides they may have a conflict of interest, the member will be excused from the meeting while the board determines if there is a conflict of interest. Such person would not be allowed to vote on the item being discussed. There were no instances of conflict during the year.

Form 990, Page 6, Part VI, Line 15A

Youth development inc. (ydi) commissioned an outside firm to do a complete and comprehensive comparability study of our prior year wage levels. All compensation decisions were based upon this data and were documented.

Form 990, Page 6, Part VI, Line 15B

Youth development inc. (ydi) commissioned an outside firm to do a complete and comprehensive comparability study of our prior year wage levels. All compensation decisions were based upon this data and were documented.

Form 990, Page 6, Part VI, Line 19

All governing documents, conflict of interest policy, and financial statements are available at the organization's administrative office upon request

Filing and Contact Details

Filer

Filer Name
Youth Development Inc
EIN
85-0246036
Phone
5058316038
Address
3411 CANDELARIA RD NE SUITE J, ALBUQUERQUE, NM 87107

Signing Officer

Name
Robert Chavez
Title
COO (CEO in Fy 2023)
Phone
5058316038
Signed
2023-05-15

Organization Details

Principal Officer
Robert Chavez
Formed
1971
Legal Domicile
Nm
Voting Board Members
12
Independent Board Members
12
Employees
906
Volunteers
948

Preparer

Firm
Sjt Group LLC
Address
4811 HARDWARE DR NE SUITE E-4, ALBUQUERQUE, NM 87109
Preparer
Joshua Trujillo
Phone
5053128702
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Early childhood education and family development division (ece) provides food services, transportation services, home visitation, subsidized extended daycare services and monitoring expectant mothers in various programs. Head start service centers are certified by the national association for the education of young children (naeyc) and have five-star ratings. All head start center programs meet the performance standards with emphasis on school readiness through the utilization of a research-based curriculum, development of social/emotional skills, family engagement, health, nutrition, mental health and transition services. Head start programs are located in bernalillo, rio arriba and taos counties. In fiscal year 2022, the early childhood division served over 1,000 families in the head start program.

Form 990, Page 2, Part III, Line 4D

Health, safety and nutrition: ydi programs in this category range from sponsoring a health fair with bicycle giveaways and other items encouraging health lifestyles for families; using court-sponsored donations for extracurricular activities for children such as yafl, cheerleading, driving school, dance groups, boxing and karate training; providing counseling services through medicaid for eligible youth and families; an "urban garden" program that encouraged youth and supervisors in learning how to grow fruits and vegetables - some of the bounty from this program was distributed during the health fair; a teen pregnancy prevention program providing tutors, education and life-skills training and activities for targeted youth after winter ball and prom nights; a teen court program designed to educate teens about alcohol use and mis-use that results in dwi offenses and running the participants through mock trials, a food/nutrition program that assists home daycare providers to plan usda approved meals using menus and shopping lists and then reimbursing the day care providers for the foods purchased for the children in their home daycare sites - over 6,000 meals in this fiscal year. Residential and shelter care: ydi provides short-term shelter to teenaged children (ages 12 - 17) who are homeless and/or runaways due to problems in their family of origin homes and provides counseling for the child and the family in order to encourage family reunification. For children ages 16 - 21 ydi provides a residential program providing transitional support to teach life skills, jobs skills and locate and establish permanent living situations for individuals moving from homelessness to stable housing.

Form 990, Part XI, Line 9

Special event expenses 9,140 special event expenses -9,140

Financial Statement Notes

Schedule D, Page 3, Part X

Ydi is a not-for-profit corporation exempt from federal income tax under section 501(c)(3) of the internal revenue code. Accordingly, no provision has been made for income taxes in the financial statements. Ydi adopted the provision relating to accounting for uncertain tax positions. Ydi recognizes the tax benefit from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. The tax benefit is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Ydi had no unrecognized tax benefits at june 30, 2022. Ydi files an exempt organization return and applicable unrelated business income tax return in the u.s. Federal jurisdiction, new mexico attorney general and new mexico department of taxation and revenue. Ydi's income tax filings are subject to audit by various taxing authorities. Ydi's open audit periods are for the years ending june 30, 2019 and forward.

Schedule D, Page 4, Part XI, Line 2D

Special event expenses 9,140

Schedule D, Page 4, Part XII, Line 2D

Special event expenses 9,140

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$7.89$7.76$40.3$36.5$3.75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.92$5.92$4.00$32.0$30.9$1.13
2022Detailed filing. Detailed filing data is available for this year.$7.45$4.63$2.82$30.5$30.4$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$3.81$2.73$31.0$27.9$3.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.44$7.87$0.43$24.7$25.9$1.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.66$2.62$1.04$23.3$23.2$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.64$2.50$1.14$22.2$22.7$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.77$4.10$1.67$23.3$24.0$0.66
2016Detailed filing. Detailed filing data is available for this year.$7.02$4.68$2.34$25.9$26.0$0.16
2015Detailed filing. Detailed filing data is available for this year.$7.38$4.88$2.50$24.6$24.6$0.04
2014Detailed filing. Detailed filing data is available for this year.$7.85$5.38$2.46$23.2$23.5$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.86$5.08$2.78$24.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.49$4.31$3.18$26.3
2011Summary only. Only limited summary data is available for this year.$8.12$4.37$3.75$25.5$26.4$0.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.83$4.15$4.68$24.8
Peer Organizations

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