Youth Stars INC EIN 47-4674418

Youth Stars INC

EIN  47-4674418 Public charity (501(c)(3)) Forest Hills, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Offers free sports and academic help to inner-city youth, promoting education and healthy lifestyles.
Leadership
Paul Cedeno · CEO and Founder
Money in and out
$63K revenue, $64K expenses
Bottom line
84% program efficiency

Offers free sports and academic help to inner-city youth, promoting education and healthy lifestyles. For fiscal year 2024 it reported $63K in revenue, $64K in expenses, and $-48K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$63K
Pt VIII · Ln 12
Total expenses
$64K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year▼ -104% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$63K
FY2024▼ -51%
Expenses
$64K
FY2024▲ +18%
Total assets
$2K
FY2024▼ -98%
Total liabilities
$50K
FY2024▲ +5%
Total revenue
$63K
Pt VIII · Ln 12
Total expenses
$64K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$2K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $54K of program spending, described in the organization's own filed words · FY2023.
01

Basketball program

$54Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYouth Stars INC
EINHdr · item D47-4674418
Principal addressHdr · item CForest Hills, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFFeb 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
CEO and Founder
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$63K
Investment income$3
Total revenueLn 12$63K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$54K
Management & general16%$10K
Total functional expensesLn 25$64K

Balance Sheet

Part X · end of year
CashLn 1$211
Total assetsLn 16$2K
Total liabilitiesLn 26$50K
Total net assetsLn 32$-48K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $211 · Operating expenses/yr $64K
0.0 months
Where the money goes
Program services
Program services $54K · Total expenses $64K
84%
Management & General
Management & general $10K · Total expenses $64K
16%
Fundraising
Fundraising $0 · Total expenses $64K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $95K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $63K · Total revenue $63K
100%
Government reliance
Government grants $0 · Total revenue $63K
0%
Earned-income share
Program service revenue $0 · Total revenue $63K
0%
Investment reliance
Investment income $3 · Total revenue $63K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $64K
0%
Growth & trend
Revenue growth (YoY)
This year $63K · Prior year $127K
-51%
Net-asset trend (YoY)
End of year $-48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $63K · Expenses $64K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $2K
Net-asset ratio
Net assets $-48K · Total assets $2K
-2344%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2K
0%
People & payroll
Highest Reported Total Compensation
Individual Paul Cedeno · Reported title CEO AND FOUNDER · Highest reported compensation $0 · Total expenses $64K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3K · Total expenses $64K
5%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Fundraising cost ratio 0%
Revenue growth -51%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$67

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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)$63K revenue · viewing · ⤓ 990 PDF
FY2023not on file
FY2022$127K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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