Caribbean Youth Network Inc
EIN: 262673795 · Pittsburgh, PA · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $927K |
| Total Expenses | $1.0M |
| Net Assets | $563K |
Is Caribbean Youth Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Caribbean Youth Network Inc
Caribbean Youth Network Inc (EIN: 262673795) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code X21. The organization reported total revenue of $927K and total assets of $502K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caribbean Youth Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caribbean Youth Network Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $913K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-109,904 |
| Total Assets | $563K |
| Net Assets | $563K |
| Operating Margin | -12.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Caribbean Youth Network Inc reported a deficit of $110K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Caribbean Youth Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.2% | +12.2% | -16.0% |
| 2022 | +24.9% | -2.2% | +24.2% |
| 2021 | +2.9% | +51.3% | -13.1% |
| 2020 | +3.9% | +27.9% | +48.1% |
| 2019 | +64.9% | -9.5% | +267.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Caribbean Youth Network Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caribbean Youth Network Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $110K, with expenses exceeding revenue.
Frequently Asked Questions about Caribbean Youth Network Inc
Is Caribbean Youth Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caribbean Youth Network Inc (EIN: 262673795) insufficient data. 0 red flags identified, 0 strengths noted.
How does Caribbean Youth Network Inc spend its money?
Detailed spending breakdown data is not yet available for Caribbean Youth Network Inc. Check back for updated IRS 990 analysis.
Are donations to Caribbean Youth Network Inc tax-deductible?
Caribbean Youth Network Inc is registered as a tax-exempt nonprofit (EIN: 262673795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Caribbean Youth Network Inc located?
Caribbean Youth Network Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 262673795. It is classified under NTEE code X21.
How many years of IRS 990 filings does Caribbean Youth Network Inc have?
Caribbean Youth Network Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $927K in total revenue.
Filing History
IRS 990 filing history for Caribbean Youth Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caribbean Youth Network Inc's revenue has grown by 390.1%, moving from $186K to $913K. Total assets increased by 689.6% over the same period, from $71K to $563K. Total functional expenses rose by 672.8%, from $132K to $1.0M. In its most recent filing year (2023), Caribbean Youth Network Inc reported a deficit of $110K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $913K | $1.0M | $563K | $0 | — | — |
| 2022 | $1.1M | $912K | $670K | $0 | — | View 990 |
| 2021 | $842K | $933K | $539K | $9K | — | View 990 |
| 2020 | $818K | $616K | $621K | $0 | — | View 990 |
| 2019 | $787K | $482K | $419K | $0 | — | View 990 |
| 2018 | $477K | $532K | $114K | $0 | — | View 990 |
| 2017 | $475K | $439K | $172K | $3K | — | View 990 |
| 2016 | $433K | $410K | $135K | $2K | — | View 990 |
| 2015 | $404K | $341K | $123K | $9K | — | View 990 |
| 2014 | $298K | $334K | $48K | $3K | — | View 990 |
| 2013 | $294K | $268K | $87K | $6K | — | View 990 |
| 2012 | $174K | $189K | $56K | $2K | — | View 990 |
| 2011 | $186K | $132K | $71K | $870 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $913K, expenses of $1.0M, and assets of $563K (revenue -13.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $912K, and assets of $670K (revenue +24.9% year-over-year).
- 2021: Revenue of $842K, expenses of $933K, and assets of $539K (revenue +2.9% year-over-year).
- 2020: Revenue of $818K, expenses of $616K, and assets of $621K (revenue +3.9% year-over-year).
- 2019: Revenue of $787K, expenses of $482K, and assets of $419K (revenue +64.9% year-over-year).
- 2018: Revenue of $477K, expenses of $532K, and assets of $114K (revenue +0.6% year-over-year).
- 2017: Revenue of $475K, expenses of $439K, and assets of $172K (revenue +9.5% year-over-year).
- 2016: Revenue of $433K, expenses of $410K, and assets of $135K (revenue +7.3% year-over-year).
- 2015: Revenue of $404K, expenses of $341K, and assets of $123K (revenue +35.4% year-over-year).
- 2014: Revenue of $298K, expenses of $334K, and assets of $48K (revenue +1.4% year-over-year).
- 2013: Revenue of $294K, expenses of $268K, and assets of $87K (revenue +69.5% year-over-year).
- 2012: Revenue of $174K, expenses of $189K, and assets of $56K (revenue -6.8% year-over-year).
- 2011: Revenue of $186K, expenses of $132K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caribbean Youth Network Inc:
Data Sources and Methodology
This transparency report for Caribbean Youth 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.