Americas Youth Teenage Unemployment Reduction Network Inc

Is Americas Youth Teenage Unemployment Reduction Network Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Americas Youth Teenage Unemployment Reduction Network Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Americas Youth Teenage Unemployment Reduction Network Inc

Americas Youth Teenage Unemployment Reduction Network Inc (EIN: 222565777) is a nonprofit organization based in Brockton, MA, classified under NTEE code J21Z. The organization reported total revenue of $3.6M and total assets of $650K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Americas Youth Teenage Unemployment Reduction Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Americas Youth Teenage Unemployment Reduction Network Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Americas Youth Teenage Unemployment Reduction Network Inc reported a surplus of $18K with revenue exceeding expenses, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 67.1% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Americas Youth Teenage Unemployment Reduction Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Americas Youth Teenage Unemployment Reduction Network Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 15%
• programs: 75%
• fundraising: 10%

According to IRS 990 filings, Americas Youth Teenage Unemployment Reduction Network Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $18K, with revenue exceeding expenses.
• Debt-to-asset ratio: 67.1%.

Executive Compensation Analysis

Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and suggests either a fully volunteer-led executive team or that compensation is reported under different categories.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Americas Youth Teenage Unemployment Reduction Network Inc's IRS 990 filings:

• Consistent reporting of $0 executive compensation may mask actual leadership costs or indicate a lack of professional management.
• The significant increase in liabilities from $49,568 in 2020 to $436,349 in 2023 warrants further investigation.
• While revenue has grown, the substantial increase in expenses (from $1,738,367 in 2020 to $3,617,445 in 2023) outpaced revenue growth in some periods, leading to a net loss in 2021.

Strengths

The following positive indicators were identified for Americas Youth Teenage Unemployment Reduction Network Inc:

• Consistent revenue growth from $1,020,776 in 2016 to $3,635,530 in 2023 demonstrates increasing support and operational scale.
• The organization has consistently maintained positive assets, growing from $161,751 in 2016 to $650,460 in 2023.
• The mission to reduce youth unemployment is highly relevant and impactful for community development.
• Regular filing of financial documents indicates good governance and transparency in reporting.

Frequently Asked Questions about Americas Youth Teenage Unemployment Reduction Network Inc

Filing History

IRS 990 filing history for Americas Youth Teenage Unemployment Reduction Network Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Americas Youth Teenage Unemployment Reduction Network Inc's revenue has grown by 113.3%, moving from $1.7M to $3.6M. Total assets increased by 80.3% over the same period, from $361K to $650K. Total functional expenses rose by 56.6%, from $2.3M to $3.6M. In its most recent filing year (2023), Americas Youth Teenage Unemployment Reduction Network Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $436K in liabilities against $650K in assets (debt-to-asset ratio: 67.1%), resulting in net assets of $214K.

Year-by-Year Financial Summary

• 2023: Revenue of $3.6M, expenses of $3.6M, and assets of $650K (revenue +59.5% year-over-year).
• 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $549K (revenue +27.6% year-over-year).
• 2021: Revenue of $1.8M, expenses of $1.9M, and assets of $426K (revenue +0.7% year-over-year).
• 2020: Revenue of $1.8M, expenses of $1.7M, and assets of $252K (revenue +19.1% year-over-year).
• 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $204K (revenue -9.3% year-over-year).
• 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $309K (revenue +39.8% year-over-year).
• 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $170K (revenue +15.2% year-over-year).
• 2016: Revenue of $1.0M, expenses of $1.0M, and assets of $162K (revenue +19.9% year-over-year).
• 2015: Revenue of $851K, expenses of $852K, and assets of $110K (revenue +16.3% year-over-year).
• 2014: Revenue of $732K, expenses of $835K, and assets of $122K (revenue -6.9% year-over-year).
• 2013: Revenue of $786K, expenses of $838K, and assets of $201K (revenue -18.6% year-over-year).
• 2012: Revenue of $966K, expenses of $988K, and assets of $290K (revenue -43.3% year-over-year).
• 2011: Revenue of $1.7M, expenses of $2.3M, and assets of $361K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Americas Youth Teenage Unemployment Reduction Network Inc:

Data Sources and Methodology

This transparency report for Americas Youth Teenage Unemployment Reduction Network Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.