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Ypo Global One Chapter INC FY2020 filing

Not tax-deductible

Dallas, TX501(c)(6)Since 2014Community Development EIN 46-5694212Revenue $948K in FY2020

On file with the IRSypoglobalone.com8343 Douglas Ave Ste 350, 75225-5886 · Dallas, TXTax-exempt since Oct 2015

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To create a Global network of young presidents and chief executives in order to form a common bond, mentorship, ongoing business and forum to discuss issues common to its members.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $22K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$181K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$948K
Spent
$912K
Net assets
$623K
By yearFY2020–FY2025
Revenue
$948K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$948K
FY2021$1.1M
FY2022$1.0M
FY2023$1.7M
FY2024$2.5M
FY2025$2.5M
Expenses
$912K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$912K
FY2021$737K
FY2022$1.3M
FY2023$1.9M
FY2024$2.2M
FY2025$2.8M
Net assets
$623K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$623K
FY2021$979K
FY2022$732K
FY2023$514K
FY2024$810K
FY2025$676K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Asha Saxena
Chapter Chair
$0Pt VII · Sec A
Christopher Mitchell
Past Chapter Chair
$0Pt VII · Sec A
Devlin Fenton
Comminucations Chair
$0Pt VII · Sec A
Jeremy Jenniges
Finance Chair
$0Pt VII · Sec A
Scott Corlett
Gold Membership Chair
$0Pt VII · Sec A
Tanya Hall
Membership Chair
$0Pt VII · Sec A
See Ypo Global One Chapter INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

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Provided by the organization

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3 programs · in their own filed words · FY2019
01

Annually we host a week long executive education program at the columbia university school of business in new york. This program is open to all of our members. The chapter helps subsidize the cost of the program for our membership.

Pt IX · col B
02

Annually we provide forum training to members who desire it, which can include forum moderator training. The costs of all of this training is paid for by the chapter.

Pt IX · col B
03

This year we hosted a 3-DAY chapter retreat in cuba. This program was open to all of our members and we helped subsidize the cost of the program for our membership.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$948K
Ln 12
Gifts and grantsLn 1h$820K
Fees for servicesLn 2g$128K
Investment incomeLn 3$754
Money outPt IX
$912K
Ln 25
Owns and owesPt X
$623K
net assets · Ln 32
Cash and savingsLn 1–2$415K
Total assetsLn 16$804K
LiabilitiesLn 26$181K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$820K
Fees for servicesLn 2g$128K
Investment incomeLn 3$754
Total revenueLn 12$948K
Assets in detailPt X, end of year
CashLn 1$98K
SavingsLn 2$317K
Cash and savings togetherLn 1–2$415K
InvestmentsLn 11–13$375K
Total assetsLn 16$804K
LiabilitiesLn 26$181K
Net assetsLn 32$623K
OperationsPt I, VI
EmployeesI 50
VolunteersI 640
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$482K$415K
InvestmentsLn 11–13$375K$375K
Total assetsLn 16$871K$804K
LiabilitiesLn 26$284K$181K
Net assetsLn 32$586K$623K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$117K
Legal feesLn 11b$155
Accounting feesLn 11c$2K
Advertising and promotionLn 12$20K
Office expensesLn 13$3K
Information technologyLn 14$755
TravelLn 17$12K
Conferences, conventions and meetingsLn 19$78K
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$678K
Total functional expensesLn 25$912K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.5M$2.8M−$336K$676K 990 PDF
FY2024 $2.5M$2.2M$295K$810K 990 PDF
FY2023 $1.7M$1.9M−$236K$514K 990 PDF
FY2022 $1.0M$1.3M−$247K$732K 990 PDF
FY2021 $1.1M$737K$356K$979K 990 PDF
FY2020 Viewing $948K$912K$37K$623K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $948,378 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $786,745$819,718
I-9 Program service revenuePrior year $261,418$127,906
I-10 Investment incomePrior year $1,122$754
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,049,285$948,378
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,268,976$911,541
I-18 Total expensesPrior year $1,268,976$911,541
I-19 Revenue less expensesPrior year −$219,691$36,837
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $948,378 across 5 lines filed
VIII-1b Membership dues$819,718
VIII-1h Total contributions, gifts and grants$819,718
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $127,906$127,906
VIII-3 Investment incomeExcluded from tax $754$754
VIII-12 Total revenueRelated to mission $127,906 · Unrelated business $0 · Excluded from tax $754$948,378
Part IX · Statement of functional expenses $911,541 across 10 lines filed
IX-11a Management fees$116,517
IX-11b Legal fees$155
IX-11c Accounting fees$1,621
IX-12 Advertising and promotion$19,659
IX-13 Office expenses$3,245
IX-14 Information technology$755
IX-17 Travel$12,337
IX-19 Conferences, conventions and meetings$78,080
IX-23 Insurance$1,456
IX-24 Other expenses (24a–d)$677,716
IX-25 Total functional expenses$911,541
Part X · Balance sheet $804,266 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $165,005$97,946
X-2 Savings and temporary cash investmentsStart of year $316,594$317,235
X-4 Accounts receivableStart of year $14,071$14,071
X-11 Publicly traded securitiesStart of year $375,014$375,014
X-16 Total assetsStart of year $870,684$804,266
X-19 Deferred revenueStart of year $284,273$181,018
X-26 Total liabilitiesStart of year $284,273$181,018
X-32 Total net assets or fund balancesStart of year $586,411$623,248
X-33 Total liabilities and net assetsStart of year $870,684$804,266
Part XI · Reconciliation of net assets $623,248 net assets at year end
XI-1 Total revenue$948,378
XI-2 Total expenses$911,541
XI-3 Revenue less expenses$36,837
XI-4 Net assets at start of year$586,411
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$623,248

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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