Civic Intelligence

The Floyd and Norma Young Foundation

EIN 92-2059747 • 501(c)3 • Charlotte, NC

Pub. 78 EligibleNTEE B82

Profile

Charitable and educational

2810 Coliseum Centre Dr Ste 115Charlotte, NC 28217

n/A

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

7th percentile

-319%

Higher net margin than 7% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

NTEE B82 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-15%

Faster asset growth than 25% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-95%

Faster revenue growth than 7% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$214,806

Down $37,695 (-15%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$214,806

Down $37,695 (-15%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Down

$11,800

Down $240,701 (-95%) from 2023

Expenses

Up

$49,495

Up $49,495 from 2023

Net Income

Down

-$37,695

Down $290,196 (-115%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$300K$200K$100K$0Assets 2023: $252,501Liabilities 2023: $0Net Assets 2023: $252,5012023Assets 2024: $214,806Net Assets 2024: $214,8062024

Highlighted filing

2024

Assets$214,806
Liabilities-
Net Assets$214,806
Open 2024 Filing

Operations Trend

Revenue Growth7th percentile

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

$300K$200K$100K$0-$100KRevenue 2023: $252,501Expenses 2023: $0Net Income 2023: $252,5012023Revenue 2024: $11,800Expenses 2024: $49,495Net Income 2024: -$37,6952024

Highlighted filing

2024

Revenue$11,800
Expenses$49,495
Net Income-$37,695
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$214,806
Liabilities
-
Net assets
$214,806
Revenue
$11,800
Expenses
$49,495
Net income
-$37,695
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.15$2.15$0.12$0.49$0.38
2023Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$2.53$0.00$2.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$32,379
Mission and Program Overview

Mission

Charitable and educational

Program Services

DescriptionGrantsExpenses
The Floyd and Norma Young Foundation was established in 2023 to provide scholarships and financial assistance to students interested in and/ or currently attending Historically Black Colleges and Universities.-$27,500
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEITH J HAYWOODPresidentPT$0--
EMERSON HAYWOODVice PresidentPT$0--
MARILYN SUTTON- HAYWOODSecretaryPT$0--
NAJLA HAYWOODTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
The Floyd and Norma Young Foundation
EIN
92-2059747
Phone
7045236605
Address
2810 Coliseum Centre Dr Ste 115, Charlotte, NC 28217

Signing Officer

Name
Najla Haywood
Title
Treasurer
Signed
2025-11-10
Discuss with paid preparer
Yes

Preparer

Firm
King King & Associates Pa
Address
124 SLADE AVENUE SUITE 100, BALTIMORE, MD 21208
Preparer
Anthony G King CPA
Phone
4104864500
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: UNITED NEGRO COLLEGE FUND INC | Donee's Address: 1805 7th St NW WASHINGTON DC 20001 | Cash Amount Given: $7000”

Grants and Similar Amounts Paid In Excess of $5,000.4

“| Donee's Name: JOHNSON C. SMITH UNIVERSITY | Donee's Address: 100 Beatties Ford Road Charlotte NC 28216 | Cash Amount Given: $27500”

Other Expenses.1

“Fund Raising $8264”

Other Expenses.2

“Website $1615”

Other Expenses.3

“Filing Fees $600”

Other Expenses.4

“Software services $21”

Other Expenses.5

“Bank Fees $17”

Raw XML Appendix153 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Najla Haywood
IRS990EZ/BooksInCareOfDetail/PhoneNum07045236605
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02810 Coliseum Centre Dr Ste 115
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Charlotte
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028217
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0252501
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt020579
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-37695
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02228
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0252501
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0214806
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-1970
IRS990EZ/GrantsAndSimilarAmountsPaidAmt036750
IRS990EZ/GrossReceiptsAmt032379
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt012320
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0252501
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0214806
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0252501
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0214806
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEITH J HAYWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EMERSON HAYWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARILYN SUTTON- HAYWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NAJLA HAYWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt010517
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE AND EDUCATIONAL
IRS990EZ/ProgramServiceRevenueAmt01450
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Floyd and Norma Young Foundation was established in 2023 to provide scholarships and financial assistance to students interested in and/ or currently attending Historically Black Colleges and Universities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt018609
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt049495
IRS990EZ/TotalProgramServiceExpensesAmt027500
IRS990EZ/TotalRevenueAmt011800
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://fnyf.org/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0252500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0253950
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010351
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0253950
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0252500
IRS990ScheduleA/Total509Grp/TotalAmt0253950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt011800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0252501
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0264301
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: UNITED NEGRO COLLEGE FUND INC | Donee's Address: 1805 7th St NW WASHINGTON DC 20001 | Cash Amount Given: $7000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: JOHNSON C. SMITH UNIVERSITY | Donee's Address: 100 Beatties Ford Road Charlotte NC 28216 | Cash Amount Given: $27500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Fund Raising $8264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Website $1615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Filing Fees $600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Software services $21
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Fees $17
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NAJLA HAYWOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FLOYD AND NORMA YOUNG FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FLOY
ReturnHeader/Filer/EIN0922059747
ReturnHeader/Filer/PhoneNum07045236605
ReturnHeader/Filer/USAddress/AddressLine1Txt02810 Coliseum Centre Dr Ste 115
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028217
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521547810
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KING KING & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0124 SLADE AVENUE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BALTIMORE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021208
ReturnHeader/PreparerPersonGrp/PhoneNum04104864500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony G King CPA
ReturnHeader/ReturnTs02025-11-10T12:08:46-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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