Civic Intelligence

Mycelium Youth Network

990 • Fiscal year 2023 • EIN 85-0663137

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

2744 East 11th St STE C1Oakland, CA 94601

(303) 905-7330

Siviq Scores

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

Liabilities / Assets

95th percentile

1.03x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.70x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

19th percentile

-16%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

98th percentile

328%

Faster asset growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

19%

Faster revenue growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$537,085

Up $411,727 (+328%) from 2022

Net Assets

Down

-$15,684

Down $126,046 (-114%) from 2022

Liabilities

Up

$552,769

Up $537,773 (+3586%) from 2022

Revenue

Up

$786,866

Up $122,947 (+19%) from 2022

Expenses

Up

$912,913

Up $266,471 (+41%) from 2022

Net Income

Down

-$126,047

Down $143,524 (-821%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2020: $84,496Liabilities 2020: $6,980Net Assets 2020: $77,5162020Assets 2021: $102,275Liabilities 2021: $9,390Net Assets 2021: $92,8852021Assets 2022: $125,358Liabilities 2022: $14,996Net Assets 2022: $110,3622022Assets 2023: $537,085Liabilities 2023: $552,769Net Assets 2023: -$15,6842023Assets 2024: $405,178Liabilities 2024: $338,214Net Assets 2024: $66,9642024

Highlighted filing

2023

Assets$537,085
Liabilities$552,769
Net Assets-$15,684

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $157,128Expenses 2020: $111,634Net Income 2020: $45,4942020Revenue 2021: $328,070Expenses 2021: $312,700Net Income 2021: $15,3702021Revenue 2022: $663,919Expenses 2022: $646,442Net Income 2022: $17,4772022Revenue 2023: $786,866Expenses 2023: $912,913Net Income 2023: -$126,0472023Revenue 2024: $1,236,304Expenses 2024: $1,153,656Net Income 2024: $82,6482024

Highlighted filing

2023

Revenue$786,866
Expenses$912,913
Net Income-$126,047
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$786,866
Mission and Program Overview

Mission

Mycelium Youth Network (MYN) is dedicated to equipping youth with the resources, training, and knowledge from the ground up that they will need to survive and thrive in a climate challenged world and prepare them for a climate challenged future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$50,630$328,608▲ $277,978
Accounts Receivable$74,688$153,477▲ $78,789
Savings and Temporary Cash Investments-$55,000-
Total Assets$125,358$537,085▲ $411,727
Other Assets Total$40--
Liabilities
Deferred Revenue-$525,077-
Other Liabilities$3,667$23,786▲ $20,119
Accounts Payable and Accrued Expenses$11,329$3,906▼ $7,423
Total Liabilities$14,996$552,769▲ $537,773
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$110,362$-15,684▼ $126,046
Total Net Assets Fund Balance$110,362$-15,684▼ $126,046
Total Liabilities and Net Assets / Fund Balance$125,358$537,085▲ $411,727
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sharoia TaylorBoard of Directors Chair
Aja Couchois-DuncanBoard of Directors Member
Ariana GilBoard of Directors Member
Haleh ZandiBoard of Directors Member
Jeannette HenriquezExecutive Director
Elias Taylor-CornejoSecretary
Suher RasidTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$561,439
Program Service Revenue
$225,417
Investment Income
$10
Other Revenue
$0
All Other Contributions
$441,456
Change in Net Assets
$-126,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$624,190
Other Expenses$288,723
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$328,741$194,420-$523,161
Fees for Services Other$55,303$86,029-$141,332
Other Employee Benefits$66,669$-7,732-$58,937
Payroll Taxes$16,385$25,707-$42,092
Advertising$147$32,590-$32,737
Occupancy$11,500--$11,500
Travel$3,505$5,593-$9,098
All Other Expenses$2,164$6,465-$8,629
Insurance$1,459$5,408-$6,867
Information Technology-$5,468-$5,468
Other Expenses$2,910$-51,186-$2,910
Office Expenses$159$2,055-$2,214
Total Functional Expenses$603,579$309,334$0$912,913
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$23,786
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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

Officer directors etc family relationship Part VI line 2

Two of the board members are related to the Executive Director.

Form 990 governing body review Part VI line 11

Governing body reviews and approves the preliminary tax return prior to filing.

Conflict of interest policy compliance Part VI line 12C

Conflict of interest policies are reviewed annually and signed off on each year.

CEO executive director top management comp Part VI line 15A

The Board of Directors votes on all budgetary items including salary increases. For any new hires, the board of directors reveiws the salary range being offered.

Other officer or key employee compensation Part VI line 15B

The board of directors votes on all bedugetary items including salary increases for any officers or key employees. The board also reviews the salary range offered for any new hires.

Governing documents etc available to public Part VI line 19

Individuals interested in obtaining a copy of the tax return or other governing documents can request in writing to one of the BOD members. The documents are also made public on Guidestar and Charity Navigator.

Filing and Contact Details

Filer

Filer Name
Mycelium Youth Network
EIN
85-0663137
Address
2744 East 11th St STE C1, Oakland, CA 94601

Signing Officer

Name
Jeannette Henriquez
Title
Executive Direc
Phone
5108426793
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeannette Henriquez
Formed
2020
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
10

Preparer

Firm
Reliance Accounting & Tax Services
Address
2100 S Kensington Dr STE 3, Appleton, WI 54915
Preparer
Lindsay Sorenson
Phone
9205942635
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Added a curriculum development program in 2022.

Explanation of other changes in net assets or fund balances Part XI line 9

Rounding difference

List of other fees for services expenses Part IX line 11G

Contract labor for education events workshops, educational classes, and curriculum development.

Part III response or note to any other line in Part III

Update to organization mission statement that does not result in change of the overall exempt purpose. Prior mission statement: Mycelium Youth Network is dedicated to equipping youth with the resources, training, and knowledge from the ground up that they will need to survive and thrive in a climate challenged world and prepare them for a climate challenged future. Current mission statement: Mycelium Youth Network prepares frontline youth for hopeful and imaginitive leadership in climate adaptation, mitigation, and reslilience through hands-on ancestral approaches and STEAM that emphasize stewardship and relationship-building. Vision statemen: Mycelium Youth Network is dedicated to equipping youth with the resources, training, and knowledge from the ground up that they will need to

Part X response or note to any line in Part X

Adjustment for deferred revenue was made in 2023. Prior years were not properly deferre and were not caught until an internal audit was performed. All adjustments were made in 2023.

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IRS990ScheduleA/PublicSupportPY170Pct00.81530
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0234075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0138327
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01359477
IRS990ScheduleA/TotalSupportAmt01359494
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Two of the board members are related to the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governing body reviews and approves the preliminary tax return prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflict of interest policies are reviewed annually and signed off on each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors votes on all budgetary items including salary increases. For any new hires, the board of directors reveiws the salary range being offered.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board of directors votes on all bedugetary items including salary increases for any officers or key employees. The board also reviews the salary range offered for any new hires.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Individuals interested in obtaining a copy of the tax return or other governing documents can request in writing to one of the BOD members. The documents are also made public on Guidestar and Charity Navigator.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Added a curriculum development program in 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Rounding difference
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Contract labor for education events workshops, educational classes, and curriculum development.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Update to organization mission statement that does not result in change of the overall exempt purpose. Prior mission statement: Mycelium Youth Network is dedicated to equipping youth with the resources, training, and knowledge from the ground up that they will need to survive and thrive in a climate challenged world and prepare them for a climate challenged future. Current mission statement: Mycelium Youth Network prepares frontline youth for hopeful and imaginitive leadership in climate adaptation, mitigation, and reslilience through hands-on ancestral approaches and STEAM that emphasize stewardship and relationship-building. Vision statemen: Mycelium Youth Network is dedicated to equipping youth with the resources, training, and knowledge from the ground up that they will need to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Adjustment for deferred revenue was made in 2023. Prior years were not properly deferre and were not caught until an internal audit was performed. All adjustments were made in 2023.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part X response or note to any line in Part X
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IRS990/TotalLiabilitiesGrp/BOYAmt014996
IRS990/TotalLiabilitiesGrp/EOYAmt0552769
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-15684
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalOtherProgSrvcRevenueAmt074075
IRS990/TotalProgramServiceExpensesAmt0603579
IRS990/TotalProgramServiceRevenueAmt0225417
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IRS990/TotalRevenueGrp/ExclusionAmt010
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0225417
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0786866
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05593
IRS990/TravelGrp/ProgramServicesAmt03505
IRS990/TravelGrp/TotalAmt09098
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01633 54th Ave
IRS990/USAddress/CityNm0Oakland
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094601
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IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.myceliumyouthnetwork.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeannette Henriquez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum05108426793
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mycelium Youth Network
ReturnHeader/Filer/BusinessNameControlTxt0MYCE
ReturnHeader/Filer/EIN0850663137
ReturnHeader/Filer/USAddress/AddressLine1Txt02744 East 11th St STE C1
ReturnHeader/Filer/USAddress/CityNm0Oakland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094601

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