Youth Empowerment Project
EIN: 421633060 · New Orleans, LA · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $6.0M |
| Net Assets | $7.3M |
Is Youth Empowerment Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Youth Empowerment Project
Youth Empowerment Project (EIN: 421633060) is a nonprofit organization based in New Orleans, LA, classified under NTEE code I80. The organization reported total revenue of $5.3M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Youth Empowerment Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Youth Empowerment Project is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $6.0M |
| Surplus / Deficit | $-121,991 |
| Total Assets | $8.8M |
| Total Liabilities | $1.5M |
| Net Assets | $7.3M |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 17.7 months |
Financial Health Grade: B
In 2024, Youth Empowerment Project reported a deficit of $122K with expenses exceeding revenue, holds 17.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Youth Empowerment Project's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.0% | +4.9% | -3.6% |
| 2023 | +31.9% | +37.4% | +32.0% |
| 2022 | -34.8% | +11.7% | -8.9% |
| 2021 | +71.3% | -10.6% | +103.1% |
| 2020 | +17.2% | +8.2% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Youth Empowerment Project 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 Youth Empowerment Project 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 $122K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.0%.
Frequently Asked Questions about Youth Empowerment Project
Is Youth Empowerment Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Youth Empowerment Project (EIN: 421633060) insufficient data. 0 red flags identified, 0 strengths noted.
How does Youth Empowerment Project spend its money?
Detailed spending breakdown data is not yet available for Youth Empowerment Project. Check back for updated IRS 990 analysis.
Are donations to Youth Empowerment Project tax-deductible?
Youth Empowerment Project is registered as a tax-exempt nonprofit (EIN: 421633060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Youth Empowerment Project located?
Youth Empowerment Project is headquartered in New Orleans, Louisiana and files with the IRS under EIN 421633060. It is classified under NTEE code I80.
How many years of IRS 990 filings does Youth Empowerment Project have?
Youth Empowerment Project 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 $5.3M in total revenue.
Filing History
IRS 990 filing history for Youth Empowerment Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Youth Empowerment Project's revenue has grown by 196.8%, moving from $2.0M to $5.9M. Total assets increased by 389.1% over the same period, from $1.8M to $8.8M. Total functional expenses rose by 261.4%, from $1.7M to $6.0M. In its most recent filing year (2024), Youth Empowerment Project reported a deficit of $122K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $8.8M in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.9M | $6.0M | $8.8M | $1.5M | — | View 990 |
| 2023 | $6.3M | $5.7M | $9.1M | $1.9M | — | — |
| 2022 | $4.8M | $4.1M | $6.9M | $464K | — | View 990 |
| 2021 | $7.3M | $3.7M | $7.6M | $1.5M | — | — |
| 2020 | $4.3M | $4.2M | $3.7M | $1.3M | — | View 990 |
| 2019 | $3.6M | $3.8M | $3.4M | $710K | — | View 990 |
| 2018 | $3.5M | $3.6M | $3.5M | $574K | — | View 990 |
| 2017 | $3.7M | $3.7M | $3.6M | $605K | — | View 990 |
| 2016 | $3.8M | $3.2M | $3.6M | $571K | — | View 990 |
| 2015 | $2.5M | $3.3M | $3.2M | $694K | — | View 990 |
| 2014 | $3.9M | $2.6M | $4.0M | $785K | — | View 990 |
| 2013 | $2.4M | $2.1M | $1.9M | $44K | — | View 990 |
| 2012 | $2.0M | $1.7M | $1.8M | $306K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.9M, expenses of $6.0M, and assets of $8.8M (revenue -7.0% year-over-year).
- 2023: Revenue of $6.3M, expenses of $5.7M, and assets of $9.1M (revenue +31.9% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.1M, and assets of $6.9M (revenue -34.8% year-over-year).
- 2021: Revenue of $7.3M, expenses of $3.7M, and assets of $7.6M (revenue +71.3% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.2M, and assets of $3.7M (revenue +17.2% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.8M, and assets of $3.4M (revenue +4.8% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.6M, and assets of $3.5M (revenue -5.5% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.7M, and assets of $3.6M (revenue -2.8% year-over-year).
- 2016: Revenue of $3.8M, expenses of $3.2M, and assets of $3.6M (revenue +49.0% year-over-year).
- 2015: Revenue of $2.5M, expenses of $3.3M, and assets of $3.2M (revenue -34.6% year-over-year).
- 2014: Revenue of $3.9M, expenses of $2.6M, and assets of $4.0M (revenue +59.7% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.1M, and assets of $1.9M (revenue +23.4% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.7M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Youth Empowerment Project:
Data Sources and Methodology
This transparency report for Youth Empowerment Project 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.