Youth Programs INC EIN 62-0676258

Youth Programs INC FY2020 filing

EIN  62-0676258 Public foundation / grantmaker Memphis, TN
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
Supports an annual golf tournament in Memphis benefiting charities, mainly St. Jude.
Leadership
Reggie Barnes · Director
Money in and out
$61K revenue, $189K expenses
Bottom line
33% program efficiency

Supports an annual golf tournament in Memphis benefiting charities, mainly St. Jude. For fiscal year 2020 it reported $61K in revenue, $189K in expenses, and $3.1M in net assets.Pt I

Grants paid & assets · FY2020
Total revenue
$61K
Pt VIII · Ln 12
Total expenses
$189K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$128K
Where spending went · Part IX cols B–D
Program services $0.33 Management & general $0.67
Program efficiency
33%
of spending reaches programs
Operating runway
240.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-212%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$61K
FY2020
Expenses
$189K
FY2020
Total assets
$3.9M
FY2020
Total liabilities
$826K
FY2020
Total revenue
$61K
Pt VIII · Ln 12
Total expenses
$189K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$128K
Total assetsPt X · Ln 16$3.9M
Program-expense ratioPt IX · col B33%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $62K of program spending, described in the organization's own filed words · FY2019.
01

Provided supporting services for an annual professional golf tournament in order to raise funds to donate to charity.

$62Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYouth Programs INC
EINHdr · item D62-0676258
Principal addressHdr · item CMemphis, TN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFAug 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Youth Programs INC executive salaries →

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Statement of Revenue

Part VIII
Investment income$42K · 69%
Other revenue$17K · 28%
Contributions & grants$2K · 3%
Investment income69%$42K
Other revenue28%$17K
Contributions & grants3%$2K
Total revenueLn 12$61K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.33 Management & general $0.67
Program services33%$62K
Management & general67%$127K
Total functional expensesLn 25$189K

Balance Sheet

Part X · end of year
CashLn 1$3.8M
Total assetsLn 16$3.9M
Total liabilitiesLn 26$826K
Total net assetsLn 32$3.1M
Months of cash on handcomputed239.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.8M · Operating expenses/yr $189K
240.5 months
Where the money goes
Program services
Program services $62K · Total expenses $189K
33%
Management & General
Management & general $127K · Total expenses $189K
67%
Fundraising
Fundraising $0 · Total expenses $189K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2K · Total revenue $61K
3%
Government reliance
Government grants — · Total revenue $61K
Earned-income share
Program service revenue $0 · Total revenue $61K
0%
Investment reliance
Investment income $42K · Total revenue $61K
+69%
Program self-sufficiency
Program service revenue $0 · Total expenses $189K
0%
Growth & trend
Revenue growth (YoY)
This year $61K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $3.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $61K · Expenses $189K
-212%
Liabilities-to-Assets
Total liabilities — · Total assets $3.9M
Net-asset ratio
Net assets $3.1M · Total assets $3.9M
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $23K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.9M
1%
People & payroll
Highest Reported Total Compensation
Individual Reggie Barnes · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $189K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $68K · Total expenses $189K
36%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 33%
Overhead ratio 67%
Fundraising cost ratio 0%
Accounting fee ratio 7%

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 · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 5 grants · $8.4M · 2021–2024
St Jude Research HospitalTN · FY2024$3,038,330
St Jude Research HospitalTN · FY2023$2,993,974
Unitemized GrantFY2023$16,000
St Jude Research HospitalTN · FY2021$2,235,748

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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)$4.1M revenue · ⤓ 990 PDF
FY2023$4.5M revenue · ⤓ 990 PDF
FY2022not on file
FY2021$2.4M revenue · ⤓ 990 PDF
FY2020$61K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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