Devils Youth Foundation Inc

Nonprofit profile at a glance

EIN
815042106
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Newark, NJ, USA
Phone
9737576552
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$2,088,055
Expenses
$1,852,003
Assets
$1,655,689
Liabilities
$624,364

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JAKE REYNOLDS (PRESIDENT)
  • KATE WHITMAN ANNIS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KATE WHITMAN ANNIS (EXECUTIVE DIRECTOR): $215,603 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Devils youth foundation (dyf), a 501(c)(3) organization, enriches the lives of New Jersey's youth by creating life-changing opportunities and inspiring youth in our communities through the power of sports and entertainment. The foundation addresses issues such as food insecurities, health and wellness, safe places to play, learn, and grow, and diversity and inclusion by creating and expanding youth programming through strategic partnerships with community organizations.

What it reported doing in 2024

The devils youth foundation invests in organizational programs that impact youth throughout New Jersey. Foundation supports safe spaces for kids, health and wellness, holiday drives and ensures kids access to the arts and music education. The foundation funded boys and girls club of newark, challenged athletes foundation, community foodbank of nj, hockey in nj, la casa de don pedro and other programs.for more program detail - see schedule o boys and girls club of newark - priorities: every young person deserves the opportunity to build a great future for themselves, by achieving success in school, developing a strong character, and living a healthy lifestyle.bgcn believes in addressing the needs of the "whole child" - they house a free dental clinic, eye care center and family wellness center at their clubhouse, and their programs focus on cultivating healthy habits in newark's children. Previous funding went to "technical support" which included the purchase of equipment and financial support of programming for children. The devils youth foundation is donating $25,000 for the bgcn's triple play program. Triple play research confirms that exercise makes young brains ready to learn. Children in our programs exercise at least 60 minutes a day, three days a week. Through activities including basketball, football, swimming, dance, and free play, are a vehicle for children to engage in team activities, while increasing endurance, strength, and confidence.newark day center - newark day center is a multifaceted, innovative, and pace-setting community agency serving children, youth, adults, and seniors. Newark day center is the oldest social services agency in New Jersey. It is also the third oldest in the nation. Newark day center's mission is to continue their long tradition of training the poor of all ages in the greater newark area to help themselves. Newark day center provides this help through the following programs: early childhood education, fresh air fund, adult training, parent aide programming, and senior information and referral services. It was originally founded in 1803 as the newark female charitable society. The early childhood education program provides care for infants and toddlers, and pre-school education for over 200 children aged 3 months to 5 years.new city kids - new city kids was founded in response to a lack of positive employment and leadership development opportunities for underserved youth in jersey city. Founders trevor and linda rubingh developed the program as an intersection of preventative after-school services. For over 20 years, helping underserved students reach their potential has been our mission's core. All new city kids staff are passionate about investing in our youth and are experts in youth development and programming.newark community street team - the launch of the ncst youth-focused victim assistance academy at lead charter school/newark opportunity youth network illuminates a path of hope, empowerment, and transformation. Supported by the devils youth foundation and fueled by the passion of dedicated staff like desiree johnson, this academy is more than just an education - it's a lifetime for students navigating the complexities of victim assistance and advocacy. La casa de don pedro - lcdp has served youth in the newark community since its founding 50 years ago. We serve children primarily in our early childhood program, with free pre-k, head start, and early head start services. We also serve children through our community empowerment programs, especially in our family success centers, afterschool enrichment programs, and summer camp programs.oasisthe devils youth foundation's support of the oasis after-school academy (asa) underscores their commitment to nurturing the next generation. Asa provides a holistic, trauma-informed approach to education, fostering academic growth and emotional well-being. The oasis after-school academy (asa) positively impacts participating children and staff

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 69
  • Accountability: 84
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 79.8%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.5%; rating input score 99; 35th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.3%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.89; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 47% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 27.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 36.1% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 71.4% of revenue deployed · 79.8% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $216K · 10 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $171K reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 36 filed money-flow records
  • Related organizations: 37 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.