YA No 45 Inc

What it reported doing in 2024

The organization's exempt purpose is to advance its mission through community-based storytelling events that celebrate local culture and history, and by fostering a new generation of storytellers. Organizational and Administrative Development: As a new entity established in November 2024, the organization focused on core administrative and governance tasks to lay the groundwork for future program delivery. This included establishing a board of directors, drafting bylaws and a conflict-of-interest policy, and setting up financial and accounting systems. These activities are crucial for ensuring the organization's long-term sustainability and compliance. Planning and Research for Storytelling Event: The organization dedicated time to planning a major storytelling event scheduled for 2025. This involved researching potential venues, identifying community partners, and outlining a preliminary marketing and outreach strategy. While no direct program services were delivered to the public in 2024, this preparatory work was essential to advancing the organization's mission. Prioritizing Marketing and Outreach: A significant portion of the organization's initial efforts was directed toward developing a marketing and communications plan to raise awareness of its mission and future events. This included establishing a social media presence, creating a basic website, and designing a logo and branding materials. These activities were foundational to attracting an audience, volunteers, and potential donors for future program activities.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
• Major donor itemization: Limited

Sustainability

• Operating margin: Limited
• Total-asset coverage ratio: Limited
• Liabilities to assets ratio: Limited
• Officer compensation ratio: Limited

Growth

• Program expense growth: Limited
• Revenue growth: Limited
• Asset growth: Limited