Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
EIN 92-0320619 • 501(c)3 • Los Angeles, CA
Profile
The YAY Foundation utilizes comedy storytelling and live performances to enhance mental emotional and physical well-being. Our approach reduces stigma builds community and empowers underserved individuals to lead purposeful joyful and resilient lives. We prioritize reaching those aged 14-24 facing mental and behavioral challenges.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
34th percentile
Higher net margin than 34% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 2.9% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$9,689
No earlier filing loaded for comparison.
Liabilities
$3,040
No earlier filing loaded for comparison.
Net Assets
$6,649
No earlier filing loaded for comparison.
Revenue
$102,165
No earlier filing loaded for comparison.
Expenses
$108,899
No earlier filing loaded for comparison.
Net Income
-$6,734
No earlier filing loaded for comparison.
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The YAY Foundation utilizes comedy storytelling and live performances to enhance mental emotional and physical well-being. Our approach reduces stigma builds community and empowers underserved individuals to lead purposeful joyful and resilient lives. We prioritize reaching those aged 14-24 facing mental and behavioral challenges.
| Description | Grants | Expenses |
|---|---|---|
| The YAY! Comedy Program offers a weeklong comedy workshop empowering participants to use humor and storytelling for advocacy and stigma reduction. Each week concludes with a live showcase where participants educate connect and uplift their communities. Workshops are paired with resource fairs featuring local service providers. In 2024 the program was implemented in Kalispell Montana; Orange County California; Salida Colorado; Durango Colorado; Grand Junction Colorado; Vancouver Canada; Farmington New Mexico; San Diego California; and Fort Lewis College in Colorado. These efforts supported communities including veterans individuals living with HIV Indigenous students domestic violence survivors and unhoused individuals. The YAY! Comedy Program fosters mental emotional and social well-being by reducing stigma through humor and creating bridges to local services. Over 50 local organizations partnered across sites. The program reached approximately 2,700 individuals directly and an estimated 12,000 indirectly through social media and broader engagement. | $20,000 | $60,000 |
| We organized a five-city comedy tour to support the veteran community featuring comedian Rodney Norman. The tour included events in Durango Colorado; Grand Junction Colorado; Colorado Springs Colorado; Farmington New Mexico; and Fort Collins Colorado. Approximately 1,000 individuals were reached directly with an estimated 12,000 more reached indirectly. The program was conducted in collaboration with over 20 community partners to raise awareness of organizations serving veterans and to connect individuals to mental health and support resources. | $2,800 | $20,500 |
| The Empowerment Program delivers workshops and events promoting hope emotional wellness and personal empowerment for underserved communities. In 2024 the program partnered with organizations such as the National Alliance on Mental Illness Colorado Health Network New Economics for Women the American Foundation for Suicide Prevention and Fort Lewis College. These programs provided education inspiration and connection to local resources. Approximately 1,000 individuals were directly served with an estimated additional reach of 2,500 through community engagement and follow-up impact. | $0 | $10,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Sung Min Park | CEO Board President | PT | $3,000 | - | $3,000 |
| Danica Westmoreland | Board Member | - | $0 | - | - |
| Andy Park | Board Member Tech Director | - | $0 | - | - |
| Rosaline Tran | Board Member Paralegal | - | $0 | - | - |
| Miles Foster | Board Member | - | $0 | - | - |
| Deborah Diaz De Leon | Board Member | - | $0 | - | - |
| Valencia Foster | Board Member | - | $0 | - | - |
| Scott Gizicki | Board Member | - | $0 | - | - |
| Beth Flax | Board Member | - | $0 | - | - |
| Dr Erin Burgoon | Board Member | - | $0 | - | - |
| Michel Chicoine | Board Member | - | $0 | - | - |
| Veronica Mejia | Board Member And Secretary | - | $0 | - | - |
| Crystal Lee | Resigned December 2024 | - | $0 | - | - |
| Andrew Van Voorhis | Treasurer And Board Member | - | $0 | - | - |
“| Other Expenses:, Amount:| Advertising and Marketing, $6769.66| Contributions to Charities, $4595.00| Building & Land Rent, $1487.80| Meals Program & Client Outreach, $3402.00| Office Expenses, $867.00| Supplies, $2648.00| Community Engagement & Raffle Incentives, $1338.00| Accounting Fees, $1500.00| Travel Program-related, $35441.00| Parking & Vehicle Tolls, $186.50| Entertainment with Clients, $443.00| General Business Expenses & Bank Fees, $347.00| Admin Professional Services, $2049.00| Meals Travel Staff Support, $2497.00| Other, $7869.00|”
“| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, 0, $3040|”
“| Activity Name:, Description:| YAY Comedy Program, The YAY! Comedy Program offers weeklong workshops using humor to reduce stigma and promote wellness. Each concludes with a live showcase and community partner tabling. In 2024 it ran in 9 cities directly impacting ~2,700 individuals and indirectly reaching ~12,000. This is our first time formally reporting this program though it was piloted in 2022-2023.| YAY Empowerment Program, The Empowerment Program delivers emotional wellness and advocacy workshops for underserved groups. Partners include NAMI Colorado Health Network Fort Lewis College and others. In 2024 we reached ~1,000 people directly and ~2,500 through ripple effect. We also played 5 different colleges! This is the first time we are reporting this initiative as we previously filed 990-N postcards.| Yay for Veterans Tour, We launched a five-city comedy tour supporting veterans headlined by comedian Rodney Norman. Events were held in Durango Grand Junction Colorado Springs Farmington and Fort Collins directly reaching ~1,000 people and ~12,000 indirectly. The tour connected attendees to over 20 local partners. This is our first time formally reporting this program.|”
“| Significant Name:, Description:| The organizations exempt purposes or mission., New Mission: The mission of The Yay Foundation is to empower and uplift individuals who have been negatively impacted by mental health issues such as addictions suicides depression and a sense of hopelessness. Through the transformative power of art comedy humor and storytelling we aim to bring hope strength and healing to these individuals enabling them to overcome adversity and thrive. new mission expands beyond ages 14-24 and clarifies the use of arts component.| The number composition qualifications authority or duties of the governing bodys voting members., In 2024 The YAY Foundation expanded its board of directors from 5 to 14 members to better support its growing national programming and operational needs. The new board includes professionals with specialized expertise including a PhD in psychology an international flight steward with a global wellness background a nonprofit operations specialist and an MBA with financial oversight experience. This strategic growth strengthens our governance and capacity to fulfill our mission.| The role of the organizations members in governance., Veronica Mejia is now our secretary where before it was Andrew Van Voorhis as Secretary and Treasurer|”
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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The YAY! Comedy Program offers a weeklong comedy workshop empowering participants to use humor and storytelling for advocacy and stigma reduction. Each week concludes with a live showcase where participants educate connect and uplift their communities. Workshops are paired with resource fairs featuring local service providers. In 2024 the program was implemented in Kalispell Montana; Orange County California; Salida Colorado; Durango Colorado; Grand Junction Colorado; Vancouver Canada; Farmington New Mexico; San Diego California; and Fort Lewis College in Colorado. These efforts supported communities including veterans individuals living with HIV Indigenous students domestic violence survivors and unhoused individuals. The YAY! Comedy Program fosters mental emotional and social well-being by reducing stigma through humor and creating bridges to local services. Over 50 local organizations partnered across sites. The program reached approximately 2,700 individuals directly and an estimated 12,000 indirectly through social media and broader engagement. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | The Empowerment Program delivers workshops and events promoting hope emotional wellness and personal empowerment for underserved communities. In 2024 the program partnered with organizations such as the National Alliance on Mental Illness Colorado Health Network New Economics for Women the American Foundation for Suicide Prevention and Fort Lewis College. These programs provided education inspiration and connection to local resources. Approximately 1,000 individuals were directly served with an estimated additional reach of 2,500 through community engagement and follow-up impact. |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Expenses:, Amount:| Advertising and Marketing, $6769.66| Contributions to Charities, $4595.00| Building & Land Rent, $1487.80| Meals Program & Client Outreach, $3402.00| Office Expenses, $867.00| Supplies, $2648.00| Community Engagement & Raffle Incentives, $1338.00| Accounting Fees, $1500.00| Travel Program-related, $35441.00| Parking & Vehicle Tolls, $186.50| Entertainment with Clients, $443.00| General Business Expenses & Bank Fees, $347.00| Admin Professional Services, $2049.00| Meals Travel Staff Support, $2497.00| Other, $7869.00| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, 0, $3040| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Activity Name:, Description:| YAY Comedy Program, The YAY! Comedy Program offers weeklong workshops using humor to reduce stigma and promote wellness. Each concludes with a live showcase and community partner tabling. In 2024 it ran in 9 cities directly impacting ~2,700 individuals and indirectly reaching ~12,000. This is our first time formally reporting this program though it was piloted in 2022-2023.| YAY Empowerment Program, The Empowerment Program delivers emotional wellness and advocacy workshops for underserved groups. Partners include NAMI Colorado Health Network Fort Lewis College and others. In 2024 we reached ~1,000 people directly and ~2,500 through ripple effect. We also played 5 different colleges! This is the first time we are reporting this initiative as we previously filed 990-N postcards.| Yay for Veterans Tour, We launched a five-city comedy tour supporting veterans headlined by comedian Rodney Norman. Events were held in Durango Grand Junction Colorado Springs Farmington and Fort Collins directly reaching ~1,000 people and ~12,000 indirectly. The tour connected attendees to over 20 local partners. This is our first time formally reporting this program.| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Significant Name:, Description:| The organizations exempt purposes or mission., New Mission: The mission of The Yay Foundation is to empower and uplift individuals who have been negatively impacted by mental health issues such as addictions suicides depression and a sense of hopelessness. Through the transformative power of art comedy humor and storytelling we aim to bring hope strength and healing to these individuals enabling them to overcome adversity and thrive. new mission expands beyond ages 14-24 and clarifies the use of arts component.| The number composition qualifications authority or duties of the governing bodys voting members., In 2024 The YAY Foundation expanded its board of directors from 5 to 14 members to better support its growing national programming and operational needs. The new board includes professionals with specialized expertise including a PhD in psychology an international flight steward with a global wellness background a nonprofit operations specialist and an MBA with financial oversight experience. This strategic growth strengthens our governance and capacity to fulfill our mission.| The role of the organizations members in governance., Veronica Mejia is now our secretary where before it was Andrew Van Voorhis as Secretary and Treasurer| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part V, line 33 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part V, line 34 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | We sent in a form 8868 on April 15th I called to confirm receipt and i was told that they had not received the letter and it was not received by the IRS. They made a notation on my profile and suggested that if I were to be penalized for late payment to send in an abatement letter. If explaining the situation here is going to make it easier I would love try thank you! |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Sung MIn Park |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Yay Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | YAYF |
| ReturnHeader/Filer/EIN | 0 | 920320619 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Sung Min Park |
| ReturnHeader/Filer/PhoneNum | 0 | 3233542233 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 379 LOMA DR APT 322 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Los Angeles |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90017 |
| ReturnHeader/ReturnTs | 0 | 2025-06-08T12:19:43-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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