Institute For The Development Of African American Youth Inc
EIN: 232626731 · Philadelphia, PA · NTEE: O50Z
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.7M |
| Net Assets | $331K |
Is Institute For The Development Of African American Youth Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute For The Development Of African American Youth Inc
Institute For The Development Of African American Youth Inc (EIN: 232626731) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code O50Z. The organization reported total revenue of $3.0M and total assets of $961K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For The Development Of African American Youth Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For The Development Of African American Youth Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$351K |
| Total Assets | $961K |
| Total Liabilities | $630K |
| Net Assets | $331K |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 65.6% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Institute For The Development Of African American Youth Inc reported a surplus of $351K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 65.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute For The Development Of African American Youth Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +207.5% | +114.8% | +177.2% |
| 2022 | -1.5% | +31.3% | +14.3% |
| 2021 | +31.1% | +49.1% | +13.1% |
| 2020 | +2.2% | -16.0% | +219.0% |
| 2019 | -22.6% | -24.6% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute For The Development Of African American Youth 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 Institute For The Development Of African American Youth 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 surplus of $351K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.6%.
Frequently Asked Questions about Institute For The Development Of African American Youth Inc
Is Institute For The Development Of African American Youth Inc a legitimate charity?
Institute For The Development Of African American Youth Inc (EIN: 232626731) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: A.
How does Institute For The Development Of African American Youth Inc spend its money?
Institute For The Development Of African American Youth Inc reported $3.0M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Institute For The Development Of African American Youth Inc tax-deductible?
Institute For The Development Of African American Youth Inc is registered as a tax-exempt nonprofit (EIN: 232626731). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute For The Development Of African American Youth Inc located?
Institute For The Development Of African American Youth Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 232626731. It is classified under NTEE code O50Z.
How many years of IRS 990 filings does Institute For The Development Of African American Youth Inc have?
Institute For The Development Of African American Youth 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 $3.0M in total revenue.
Filing History
IRS 990 filing history for Institute For The Development Of African American Youth Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute For The Development Of African American Youth Inc's revenue has grown by 94.9%, moving from $1.5M to $3.0M. Total assets increased by 366.6% over the same period, from $206K to $961K. Total functional expenses rose by 89.3%, from $1.4M to $2.7M. In its most recent filing year (2023), Institute For The Development Of African American Youth Inc reported a surplus of $351K, with revenue exceeding expenses. The organization holds $630K in liabilities against $961K in assets (debt-to-asset ratio: 65.6%), resulting in net assets of $331K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $2.7M | $961K | $630K | — | — |
| 2022 | $981K | $1.2M | $347K | $370K | — | — |
| 2021 | $996K | $945K | $303K | $67K | — | — |
| 2020 | $759K | $634K | $268K | $83K | — | View 990 |
| 2019 | $743K | $754K | $84K | $25K | — | View 990 |
| 2018 | $960K | $1.0M | $86K | $15K | — | View 990 |
| 2017 | $937K | $965K | $122K | $11K | — | View 990 |
| 2016 | $934K | $811K | $189K | $50K | — | View 990 |
| 2015 | $1.1M | $1.1M | $95K | $79K | — | View 990 |
| 2014 | $1.6M | $1.6M | $152K | $151K | — | View 990 |
| 2013 | $1.7M | $1.6M | $174K | $222K | — | View 990 |
| 2012 | $1.5M | $1.5M | $165K | $259K | — | View 990 |
| 2011 | $1.5M | $1.4M | $206K | $315K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $2.7M, and assets of $961K (revenue +207.5% year-over-year).
- 2022: Revenue of $981K, expenses of $1.2M, and assets of $347K (revenue -1.5% year-over-year).
- 2021: Revenue of $996K, expenses of $945K, and assets of $303K (revenue +31.1% year-over-year).
- 2020: Revenue of $759K, expenses of $634K, and assets of $268K (revenue +2.2% year-over-year).
- 2019: Revenue of $743K, expenses of $754K, and assets of $84K (revenue -22.6% year-over-year).
- 2018: Revenue of $960K, expenses of $1.0M, and assets of $86K (revenue +2.5% year-over-year).
- 2017: Revenue of $937K, expenses of $965K, and assets of $122K (revenue +0.4% year-over-year).
- 2016: Revenue of $934K, expenses of $811K, and assets of $189K (revenue -15.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $95K (revenue -32.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $152K (revenue -2.7% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.6M, and assets of $174K (revenue +13.4% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $165K (revenue -4.0% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For The Development Of African American Youth Inc:
Data Sources and Methodology
This transparency report for Institute For The Development Of African American Youth 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.