Yuda Bands
Nonprofit profile at a glance
- EIN
- 821861126
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Mapleton, UT, USA
- Phone
- 8013192280
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $136,783
- Expenses
- $152,597
- Assets
- $13,188
- Liabilities
- $312
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- PHILLIP WHITING (PRESIDENT)
Highest reported compensation
- PHILLIP WHITING (SECRETARY): $28,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Yuda bands builds scholarship funds for youth in developing nations who cannot afford a basic high school eduction. That education is then supercharged through an extremely successful program called lead (leadership, education, attitude, development)
What it reported doing in 2024
Yuda Bands made a significant impact in the 2021-22 school year by sponsoring nearly 100 students in Zimbabwe and Guatemala, covering their tuition and school fees. In addition to providing educational support, all international students were enrolled in the LEAD program, ensuring their future job placement and success upon graduation. The initiative didnt stop there. A dedicated team of student volunteers from 86 different schools came together, collectively selling an impressive total of 9,200 bracelets. Not only did these sales generate funds to support the sponsored students in Zimbabwe and Guatemala, but they also created job opportunities for local Guatemalan artisans. Furthermore, Yuda Bands took their commitment to making a difference even further by organizing three inspiring humanitarian service trips. Volunteers had the opportunity to collaborate with International Yuda Bands students and contribute to local service projects in foreign communities.
Operating model
- Revenue model
- Earned-program. 93% 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 - A large share of available resources goes toward mission work. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 48
- Accountability: 54
- Sustainability: 19
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.5%; rating input score 99
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 20th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.6%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 18.7%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: -8.9% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -7.7% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 25.1% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 99.5% of revenue deployed · 89.2% of spending went to programs
- Governance: 3 of 4 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $136K in reported program spending
- Leadership: top reported pay $28K · 5 people listed
- Consistency: 18 of 19 current checks pass · 1 finding to review
- Schedules: 3 filed schedules · includes foreign activity
- Filing history: 8 filing years from 2017 to 2024
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.