Youthbiz Inc
Nonprofit profile at a glance
- EIN
- 452496620
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990-EZ 2013, Form 990-N 2012
- Location
- Pensacola, FL, USA
- Phone
- 8509128884
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development - Business
Reported finances
- Revenue
- $13,815
- Expenses
- $8,596
- Assets
- $8,737
- Liabilities
- $56,045
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ROBERT KIMBALL (PRESIDENT)
- CHARLES KIMBALL (VICE PRESIDENT)
People named in this filing
- ROBERT KIMBALL (PRESIDENT)
- CHARLES KIMBALL (VICE PRESIDENT)
- JUSTIN SECKINGER (SECRETARY & TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide today's youth with business training and mentorships to prepare them for business leadership.
What it reported doing in 2013
During 2013, the organization provided hands-on entrepreneurial and business training for 5 students. Several students also participated in the organization's photo booth events, which allowed them to learn the workings of an actual business. Starting in 2014, students will be able to participate in a more intensive 6-week course that will provide them with hands-on training that will allow them to not only learn about business, but to take part in day-to-day activities. The first class is set to kick off september 2014. There will be at least 2 sessions each year, and each session will have 10 student participants, ages 16-21.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- 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.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 82
- Sustainability: 58
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.5%; rating input score 45
- Program expense ratio: 62.2%; rating input score 62
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 37.8%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.02; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 6.41; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 9.2%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 44.5% of revenue deployed · 62.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.