The Talented Youth

The Talented Youth faces significant financial challenges with liabilities five times its assets and consistent operating deficits.

EIN: 208536377 · Seattle, WA · Updated: 2026-03-28

$251KRevenue
$250KGross Revenue
$114KAssets
40/100Mission Score (Fair)
The Talented Youth Financial Summary
MetricValue
Total Revenue$251K
Total Expenses$355K
Program Spending70%
CEO/Top Officer Pay$200,000
Net Assets$-397,421
Transparency Score40/100

Is The Talented Youth Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

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

The Talented Youth directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About The Talented Youth

The Talented Youth (EIN: 208536377) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $251K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Talented Youth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

The Talented Youth 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 -3.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$251K
Total Expenses$355K
Surplus / Deficit$-104,109
Total Assets$110K
Total Liabilities$508K
Net Assets$-397,421
Operating Margin-41.5%
Debt-to-Asset Ratio460.8%
Months of Reserves3.7 months

Financial Health Grade: C

In 2023, The Talented Youth reported a deficit of $104K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 460.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), The Talented Youth's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+7.3%-33.0%-48.4%
2022+14.6%+93.4%-36.7%
2021-24.5%-3.8%+102.5%
2020+-0.0%-1.0%+81.4%
2019+4.8%+26.6%-14.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

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

AI Transparency Report

The Talented Youth has demonstrated inconsistent financial health over the past several years. While revenue has generally been in the $200,000-$300,000 range, expenses have frequently exceeded revenue, leading to operating deficits. For instance, in 2023, expenses were $354,959 against revenues of $250,850, and in 2022, expenses were $529,805 against revenues of $233,745. This trend has resulted in a significant accumulation of liabilities, reaching $507,575 in 2023, which far exceeds the organization's assets of $110,154. This indicates a precarious financial position where liabilities are nearly five times assets. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operating deficits suggest that current spending levels are not sustainable given the revenue generated. The lack of officer compensation reported across all filings could indicate a volunteer-led or very lean executive structure, which might be a positive for efficiency if other costs are well-managed. However, the high liabilities raise concerns about overall financial management. Transparency regarding executive compensation is high, with 0% reported for officers across all available filings. However, without a detailed functional expense breakdown, it's challenging to fully evaluate how efficiently funds are being allocated between programs, administration, and fundraising. The significant and growing liabilities are a major concern for financial transparency and long-term viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Talented Youth with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, The Talented Youth allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$251KTotal Revenue
$355KTotal Expenses
$110KTotal Assets
$508KTotal Liabilities
$-397,421Net Assets
  • The organization reported a deficit of $104K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 460.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, suggesting a volunteer-led organization or that compensation is covered by other means, which is notable for an organization with revenues in the $200,000-$300,000 range.

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 The Talented Youth's IRS 990 filings:

  • High and rapidly increasing liabilities ($507,575 in 2023 vs. $110,154 in assets)
  • Consistent operating deficits (expenses exceeding revenue in multiple recent years, e.g., 2023 and 2022)
  • Assets significantly lower than liabilities (assets are less than a quarter of liabilities in 2023)
  • Lack of detailed functional expense breakdown to assess program efficiency

Strengths

The following positive indicators were identified for The Talented Youth:

  • No reported officer compensation, indicating a potentially volunteer-driven leadership or lean executive costs.
  • Consistent revenue generation in the $200,000-$300,000 range over many years.

Frequently Asked Questions about The Talented Youth

Is The Talented Youth a legitimate charity?

The Talented Youth (EIN: 208536377) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 40/100. It has 13 years of IRS 990 filings on record. Total revenue: $251K. 4 red flags identified. 2 strengths noted. Financial health grade: C.

How does The Talented Youth spend its money?

The Talented Youth directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to The Talented Youth tax-deductible?

The Talented Youth is registered as a tax-exempt nonprofit (EIN: 208536377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the The Talented Youth CEO make?

The Talented Youth's highest-compensated officer earns $200,000 annually. The organization reported $251K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of The Talented Youth's spending goes to programs?

The Talented Youth directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is The Talented Youth located?

The Talented Youth is headquartered in Seattle, Washington and files with the IRS under EIN 208536377.

How many years of IRS 990 filings does The Talented Youth have?

The Talented Youth 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 $251K in total revenue.

Is The Talented Youth financially stable?

No, The Talented Youth is not financially stable. Its liabilities of $507,575 in 2023 significantly outweigh its assets of $110,154, and it has consistently reported expenses exceeding revenue in recent years, such as $354,959 in expenses vs. $250,850 in revenue in 2023.

What is the trend in The Talented Youth's liabilities?

The Talented Youth's liabilities have increased dramatically in recent years, from $4,940 in 2019 to $507,575 in 2023, indicating a significant and growing financial burden.

How does The Talented Youth's revenue compare to its expenses?

In most recent years, The Talented Youth's expenses have exceeded its revenue. For example, in 2023, expenses were $354,959 while revenue was $250,850, and in 2022, expenses were $529,805 against revenue of $233,745.

Does The Talented Youth pay its officers?

Based on the provided IRS 990 data, The Talented Youth has reported 0% officer compensation across all available filings, suggesting that officers are not compensated directly through the organization's reported expenses.

Filing History

IRS 990 filing history for The Talented Youth showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Talented Youth's revenue has declined by 34.3%, moving from $382K to $251K. Total assets decreased by 14.3% over the same period, from $129K to $110K. Total functional expenses rose by 18.1%, from $300K to $355K. In its most recent filing year (2023), The Talented Youth reported a deficit of $104K, with expenses exceeding revenue. The organization holds $508K in liabilities against $110K in assets (debt-to-asset ratio: 460.8%), resulting in net assets of $-397,421.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $251K $355K $110K $508K
2022 $234K $530K $214K $508K View 990
2021 $204K $274K $337K $335K View 990
2020 $270K $285K $166K $94K View 990
2019 $270K $288K $92K $5K View 990
2018 $258K $227K $108K $3K View 990
2017 $226K $154K $78K $800 View 990
2016 $239K $282K $27K $3K View 990
2015 $327K $316K $52K $4K View 990
2014 $215K $307K $39K $3K View 990
2013 $366K $317K $134K $6K View 990
2012 $301K $346K $87K $8K View 990
2011 $382K $300K $129K $5K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $251K, expenses of $355K, and assets of $110K (revenue +7.3% year-over-year).
  • 2022: Revenue of $234K, expenses of $530K, and assets of $214K (revenue +14.6% year-over-year).
  • 2021: Revenue of $204K, expenses of $274K, and assets of $337K (revenue -24.5% year-over-year).
  • 2020: Revenue of $270K, expenses of $285K, and assets of $166K (revenue +-0.0% year-over-year).
  • 2019: Revenue of $270K, expenses of $288K, and assets of $92K (revenue +4.8% year-over-year).
  • 2018: Revenue of $258K, expenses of $227K, and assets of $108K (revenue +14.2% year-over-year).
  • 2017: Revenue of $226K, expenses of $154K, and assets of $78K (revenue -5.4% year-over-year).
  • 2016: Revenue of $239K, expenses of $282K, and assets of $27K (revenue -27.0% year-over-year).
  • 2015: Revenue of $327K, expenses of $316K, and assets of $52K (revenue +52.1% year-over-year).
  • 2014: Revenue of $215K, expenses of $307K, and assets of $39K (revenue -41.3% year-over-year).
  • 2013: Revenue of $366K, expenses of $317K, and assets of $134K (revenue +21.4% year-over-year).
  • 2012: Revenue of $301K, expenses of $346K, and assets of $87K (revenue -21.0% year-over-year).
  • 2011: Revenue of $382K, expenses of $300K, and assets of $129K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Talented Youth:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Talented 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.

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