Young Nonprofit Foundation Inc
EIN: 463350713 · Louisville, KY · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Net Assets | $161K |
Is Young Nonprofit Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Young Nonprofit Foundation Inc
Young Nonprofit Foundation Inc (EIN: 463350713) is a nonprofit organization based in Louisville, KY, classified under NTEE code B30. The organization reported total revenue of $1.2M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Nonprofit Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Nonprofit Foundation Inc is a mid-size nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 26.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-64,837 |
| Total Assets | $657K |
| Total Liabilities | $496K |
| Net Assets | $161K |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 75.5% |
| Months of Reserves | 6.2 months |
Financial Health Grade: C
In 2024, Young Nonprofit Foundation Inc reported a deficit of $65K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 75.5% (high leverage).
Financial Trends
Over 6 years of filings (2018–2024), Young Nonprofit Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.4% | +19.6% | -22.1% |
| 2023 | +32.0% | +41.8% | +6.4% |
| 2022 | +46.1% | +31.5% | +151.0% |
| 2021 | -0.2% | +17.9% | +2.4% |
| 2020 | +104.1% | +92.8% | +619.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Young Nonprofit Foundation 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 Young Nonprofit Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 75.5%.
Frequently Asked Questions about Young Nonprofit Foundation Inc
Is Young Nonprofit Foundation Inc a legitimate charity?
Young Nonprofit Foundation Inc (EIN: 463350713) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: C.
How does Young Nonprofit Foundation Inc spend its money?
Young Nonprofit Foundation Inc reported $1.2M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Young Nonprofit Foundation Inc tax-deductible?
Young Nonprofit Foundation Inc is registered as a tax-exempt nonprofit (EIN: 463350713). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Young Nonprofit Foundation Inc located?
Young Nonprofit Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 463350713. It is classified under NTEE code B30.
How many years of IRS 990 filings does Young Nonprofit Foundation Inc have?
Young Nonprofit Foundation Inc has 6 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Young Nonprofit Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2024), Young Nonprofit Foundation Inc's revenue has grown by 317.9%, moving from $288K to $1.2M. Total assets increased by 1433.5% over the same period, from $43K to $657K. Total functional expenses rose by 406.9%, from $250K to $1.3M. In its most recent filing year (2024), Young Nonprofit Foundation Inc reported a deficit of $65K, with expenses exceeding revenue. The organization holds $496K in liabilities against $657K in assets (debt-to-asset ratio: 75.5%), resulting in net assets of $161K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.3M | $657K | $496K | — | View 990 |
| 2023 | $1.1M | $1.1M | $844K | $517K | — | View 990 |
| 2022 | $858K | $749K | $793K | $537K | — | View 990 |
| 2021 | $587K | $569K | $316K | $168K | — | View 990 |
| 2020 | $588K | $483K | $308K | $174K | — | View 990 |
| 2018 | $288K | $250K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $1.3M, and assets of $657K (revenue +6.4% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $844K (revenue +32.0% year-over-year).
- 2022: Revenue of $858K, expenses of $749K, and assets of $793K (revenue +46.1% year-over-year).
- 2021: Revenue of $587K, expenses of $569K, and assets of $316K (revenue -0.2% year-over-year).
- 2020: Revenue of $588K, expenses of $483K, and assets of $308K (revenue +104.1% year-over-year).
- 2018: Revenue of $288K, expenses of $250K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Nonprofit Foundation Inc:
Data Sources and Methodology
This transparency report for Young Nonprofit Foundation 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.