Teens INC EIN 46-2743429 Form 990 (PDF) Claim this org

Teens INC FY2021 filing

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Trains at-risk youth and individuals with disabilities in vocational agriculture for workforce readiness. For fiscal year 2021 it reported $341K in revenue, $272K in expenses, and $149K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Winchester, VA
Website
teensincva.org
Filings
5 on file (2020–2021)
Revenue
$341KFY2021
Expenses
$272K
Net assets
$149K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-2743429 Public charity (501(c)(3)) Winchester, VA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Trains at-risk youth and individuals with disabilities in vocational agriculture for workforce readiness.
Leadership
Johnny Craig · Director · $76K
Money in and out
$341K revenue, $272K expenses
Bottom line
100% program efficiency
Where the money goes · FY2021
Total revenue
$341K
Pt VIII · Ln 12
Total expenses
$272K
Pt IX · Ln 25
Net assets
$149K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $69K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$341K
FY2021▲ +50%
Expenses
$272K
FY2021▲ +12%
Total assets
$156K
FY2021▲ +29%
Total liabilities
$7K
FY2021▼ -83%
Total revenue
$341K
Pt VIII · Ln 12
Total expenses
$272K
Pt IX · Ln 25
Net assets
$149K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$69K
Total assetsPt X · Ln 16$156K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTeens INC
EINHdr · item D46-2743429
Principal addressHdr · item CWinchester, VA
WebsiteHdr · item Jteensincva.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFMay 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$76,108Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Johnny Craig’s $97K as Director is at the 82nd percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Johnny Craig$96,837$91,873$76,108$69,230

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $272K of program spending, described in the organization's own filed words · FY2021.
01

TEENS, Inc. is a vocational agriculture (VoAg) non-profit organization that provides training for at risk youth and individuals with disabilities. The primary objective of the program is to prepare students to enter the workforce better equipped for obtaining and maintaining gainful employment.Our staff entored many adolescents in our…

$272Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$265K · 78%
Contributions & grants$76K · 22%
Program service revenue78%$265K
Contributions & grants22%$76K
— government grantsLn 1e$64K
Total revenueLn 12$341K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$272K
Total functional expensesLn 25$272K

Balance Sheet

Part X · end of year
CashLn 1$135K
Total assetsLn 16$156K
Total liabilitiesLn 26$7K
Total net assetsLn 32$149K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $135K · Operating expenses/yr $272K
6.0 months
Where the money goes
Program services
Program services $272K · Total expenses $272K
100%
Management & General
Management & general $0 · Total expenses $272K
0%
Fundraising
Fundraising $0 · Total expenses $272K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $6K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $76K · Total revenue $341K
22%
Government reliance
Government grants $64K · Total revenue $341K
19%
Earned-income share
Program service revenue $265K · Total revenue $341K
78%
Investment reliance
Investment income $0 · Total revenue $341K
0%
Program self-sufficiency
Program service revenue $265K · Total expenses $272K
97%
Growth & trend
Revenue growth (YoY)
This year $341K · Prior year $227K
+50%
Net-asset trend (YoY)
End of year $149K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $341K · Expenses $272K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $156K
Net-asset ratio
Net assets $149K · Total assets $156K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $156K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Johnny Craig · Reported title Director · Highest reported compensation $76K · Total expenses $272K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $224K · Total expenses $272K
82%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 50%
Legal fee ratio 0.09%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$774K revenue · ⤓ 990 PDF
FY2023$790K revenue · ⤓ 990 PDF
FY2022$479K revenue · ⤓ 990 PDF
FY2021$341K revenue · viewing · ⤓ 990 PDF
FY2020$227K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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