Exalt Youth
Exalt Youth faces significant operating deficit in 2024 despite historical revenue growth.
EIN: 205540955 · New York, NY · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.6M |
| Total Expenses | $7.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $5.9M |
| Transparency Score | 75/100 |
Is Exalt Youth Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Exalt Youth directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Exalt Youth
Exalt Youth (EIN: 205540955) is a nonprofit organization based in New York, NY, classified under NTEE code O50. The organization reported total revenue of $9.6M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exalt Youth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exalt Youth is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $7.5M |
| Surplus / Deficit | $-3,501,868 |
| Total Assets | $7.8M |
| Total Liabilities | $2.0M |
| Net Assets | $5.9M |
| Operating Margin | -87.0% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 12.5 months |
Financial Health Grade: B
In 2024, Exalt Youth reported a deficit of $3.5M with expenses exceeding revenue, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Exalt Youth's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -45.0% | +24.8% | -32.2% |
| 2023 | -17.1% | +34.8% | +39.5% |
| 2022 | +141.3% | +41.1% | +102.4% |
| 2021 | +79.1% | +19.6% | +17.8% |
| 2020 | -35.8% | +46.1% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Exalt Youth 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Exalt Youth allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.0%.
Executive Compensation Analysis
Exalt Youth consistently reports 0% officer compensation across all available IRS 990 filings, indicating a strong commitment to directing all funds towards its mission and operational costs rather than executive salaries, which is highly commendable for an organization of its size with recent revenues nearing $10 million.
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 Exalt Youth's IRS 990 filings:
- Significant operating deficit in 2024 ($3,501,868 loss, with expenses of $7,526,792 against revenue of $4,024,924).
- Fluctuating revenue and expense patterns, with expenses exceeding revenue in multiple years (2024, 2020, 2017).
- Decrease in assets from $11,524,899 in 2023 to $7,809,577 in 2024, alongside an increase in liabilities.
Strengths
The following positive indicators were identified for Exalt Youth:
- Consistent reporting of 0% officer compensation, demonstrating strong financial transparency and commitment to mission.
- Significant growth in revenue and assets over the past decade, indicating successful fundraising and expansion.
- Strong asset base ($7,809,577 in 2024) relative to liabilities ($1,954,047), providing a buffer despite recent deficits.
Frequently Asked Questions about Exalt Youth
Is Exalt Youth a legitimate charity?
Exalt Youth (EIN: 205540955) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $9.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Exalt Youth spend its money?
Exalt Youth directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Exalt Youth tax-deductible?
Exalt Youth is registered as a tax-exempt nonprofit (EIN: 205540955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Exalt Youth CEO make?
Exalt Youth's highest-compensated officer earns $10 annually. The organization reported $9.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Exalt Youth's spending goes to programs?
Exalt Youth directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Exalt Youth compare to similar nonprofits?
With a transparency score of 75/100 (Good), Exalt Youth is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Exalt Youth located?
Exalt Youth is headquartered in New York, New York and files with the IRS under EIN 205540955. It is classified under NTEE code O50.
How many years of IRS 990 filings does Exalt Youth have?
Exalt Youth has 14 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 $9.6M in total revenue.
Is Exalt Youth financially sustainable given its recent deficits?
Exalt Youth experienced a significant deficit in 2024, with expenses ($7,526,792) far exceeding revenue ($4,024,924). This raises concerns about its short-term financial sustainability, especially following a strong revenue year in 2023. The organization needs to address this gap to ensure long-term viability.
How has Exalt Youth's asset base changed over time?
Exalt Youth's assets have grown substantially from $552,356 in 2015 to a peak of $11,524,899 in 2023, before decreasing to $7,809,577 in 2024. This indicates significant growth in resources, though the recent decline warrants attention.
What is the trend in Exalt Youth's liabilities?
Liabilities for Exalt Youth have generally increased over time, from $22,204 in 2015 to $1,954,047 in 2024. While the organization's assets still significantly outweigh liabilities, the upward trend in liabilities should be monitored.
Does Exalt Youth pay its officers?
No, Exalt Youth consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no portion of its expenses is allocated to executive salaries.
Filing History
IRS 990 filing history for Exalt Youth showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Exalt Youth's revenue has grown by 302.2%, moving from $1.0M to $4.0M. Total assets increased by 1222.6% over the same period, from $590K to $7.8M. Total functional expenses rose by 894.1%, from $757K to $7.5M. In its most recent filing year (2024), Exalt Youth reported a deficit of $3.5M, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $7.8M in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.0M | $7.5M | $7.8M | $2.0M | — | View 990 |
| 2023 | $7.3M | $6.0M | $11.5M | $2.3M | — | View 990 |
| 2022 | $8.8M | $4.5M | $8.3M | $348K | — | View 990 |
| 2021 | $3.7M | $3.2M | $4.1M | $485K | — | View 990 |
| 2020 | $2.0M | $2.7M | $3.5M | $362K | — | View 990 |
| 2019 | $3.2M | $1.8M | $3.8M | $42K | — | View 990 |
| 2018 | $2.7M | $1.3M | $2.4M | $42K | — | View 990 |
| 2017 | $994K | $1.1M | $941K | $21K | — | View 990 |
| 2016 | $1.5M | $1.0M | $1.0M | $21K | — | View 990 |
| 2015 | $992K | $927K | $552K | $22K | — | View 990 |
| 2014 | $1.0M | $901K | $483K | $18K | — | View 990 |
| 2013 | $947K | $927K | $344K | $20K | — | View 990 |
| 2012 | $654K | $930K | $318K | $14K | — | View 990 |
| 2011 | $1.0M | $757K | $590K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.0M, expenses of $7.5M, and assets of $7.8M (revenue -45.0% year-over-year).
- 2023: Revenue of $7.3M, expenses of $6.0M, and assets of $11.5M (revenue -17.1% year-over-year).
- 2022: Revenue of $8.8M, expenses of $4.5M, and assets of $8.3M (revenue +141.3% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.2M, and assets of $4.1M (revenue +79.1% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.7M, and assets of $3.5M (revenue -35.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $1.8M, and assets of $3.8M (revenue +19.0% year-over-year).
- 2018: Revenue of $2.7M, expenses of $1.3M, and assets of $2.4M (revenue +169.3% year-over-year).
- 2017: Revenue of $994K, expenses of $1.1M, and assets of $941K (revenue -34.2% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.0M, and assets of $1.0M (revenue +52.2% year-over-year).
- 2015: Revenue of $992K, expenses of $927K, and assets of $552K (revenue -4.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $901K, and assets of $483K (revenue +9.9% year-over-year).
- 2013: Revenue of $947K, expenses of $927K, and assets of $344K (revenue +44.8% year-over-year).
- 2012: Revenue of $654K, expenses of $930K, and assets of $318K (revenue -34.6% year-over-year).
- 2011: Revenue of $1.0M, expenses of $757K, and assets of $590K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exalt Youth:
Data Sources and Methodology
This transparency report for Exalt Youth 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.