Young Americans for Liberty Inc

Nonprofit profile at a glance

EIN
262417908
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Austin, TX, USA
Phone
5126375217
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$11,022,320
Expenses
$13,493,338
Assets
$10,607,238
Liabilities
$661,760

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

Leadership & pay

11 people listed

Executive titles in this filing

  • JEFF FRAZEE (CEO & BOARD CHAIR)
  • TED PATTERSON (VICE PRESIDENT OF GRASSROOTS)
  • DANIEL TAYLOR (VICE PRESIDENT OF DEVELOPMENT)

Highest reported compensation

  • STEVE MAIRELLA (GENERAL COUNSEL): $202,816 total reported compensation
  • SEAN THEMEA (CHIEF OPERATING OFFICER): $202,764 total reported compensation
  • JEFF FRAZEE (CEO & BOARD CHAIR): $181,699 total reported compensation

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

Overview

Mission

Yal seeks to recruit, train, educate and mobilize students on the ideals of liberty and the constitution.

What it reported doing in 2024

Yal provides young americans and the public at large with education and training in community organizing and field activism, and connects such individuals with opportunities for practical use of those skills, including job and career opportunities.

Operating model

Revenue model
Donor-supported. 63% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 70
  • Accountability: 72
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.5%; rating input score 99
  • Program expense ratio: 80.5%; rating input score 80
  • Fundraising efficiency: $5.27 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -22.4%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.79; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 15.4% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 9.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 28.1% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 98.5% of revenue deployed · 80.5% of spending went to programs
  • Governance: 2 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $10.9M in reported program spending
  • Leadership: top reported pay $203K · 11 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $641K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Fundraising efficiency scored 21/100.
  • High — Sustainability: Operating margin scored 4/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.