Homeless Youth Connection Inc
Nonprofit profile at a glance
- EIN
- 273182999
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2011
- Location
- Phoenix, AZ, USA
- Phone
- 6028474300
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $3,442,296
- Expenses
- $2,924,147
- Assets
- $3,098,317
- Liabilities
- $408,769
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Cindy Toraya (Board President)
- Mike Kriley (Board Vice President)
- Dawn Bogart (Co-CEO)
- Dana Bailey (Co-CEO)
Highest reported compensation
- Dawn Bogart (Co-CEO): $132,160 total reported compensation
- Dana Bailey (Co-CEO): $132,160 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Homeless Youth Connection's (HYC) mission is to eliminate barriers to graduation for homeless youth and create lasting solutions for a successful future through community support and increased awareness.
What it reported doing in 2024
Homeless Youth Connection (HYC) is proud to report several accomplishments related to program goals, including 95% of youth experiencing homelessness who participated in the program, stayed in school, and completed their education. During the 2024-2025 school year, HYC served 705 youth experiencing homelessness. In May 2024, 406 youth were actively participating in the program. Of those youth, 159 were high school seniors. Of those 129 graduated, 27 will enroll in the fall school year, and four youth were undecided.Of the 129 graduating seniors, 92 will enroll in college, eight will enroll in vocational training, and nine will enlist in the military. Of all the graduates, 96 have applied or entered the workforce.This past year, 42 unaccompanied youth participated in HYC's housing program. Twenty-five youths participated in the Hatcher Transitional Living program, 15 youth were in the Host Family, and two resided in the Flagstaff transitional home. Of the 42, 28 were graduating seniors and seven were in their first year of college.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 85% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.7%; rating input score 76
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: $18.12 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 15.1%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 9%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 17.9% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 17.8% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 23.9% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 75.7% of revenue deployed · 89.1% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.6M in reported program spending
- Leadership: top reported pay $132K · 11 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 56/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.