Youth Leadership Incubator INC EIN 81-1543325

Youth Leadership Incubator INC

EIN  81-1543325 Public charity (501(c)(3)) Fremont, CA
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Size
$100K–1M
What they do
Empowers young people with resources and guidance to create positive community and societal impact.
Leadership
Sanil Chawla · Executive Director
Money in and out
$494K revenue, $620K expenses
Bottom line
99% program efficiency

Empowers young people with resources and guidance to create positive community and societal impact. For fiscal year 2023 it reported $494K in revenue, $620K in expenses, and $98K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$494K
Pt VIII · Ln 12
Total expenses
$620K
Pt IX · Ln 25
Net assets
$98K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$126K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
1.9mo
months of highly liquid reserves at operating expense rate▼ -80% vs prior filing year
Surplus margin
-26%
revenue over expenses, this year▼ -164% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$494K
FY2023▼ -10%
Expenses
$620K
FY2023▲ +89%
Total assets
$98K
FY2023▼ -63%
Total liabilities
$0
FY2023
Total revenue
$494K
Pt VIII · Ln 12
Total expenses
$620K
Pt IX · Ln 25
Net assets
$98K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$126K
Total assetsPt X · Ln 16$98K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

2 program services account for $616K of program spending, described in the organization's own filed words · FY2023.
01

Event and Org Management Program

we provide a legal and financial platform, as well as various support and training services, for charitable events and organizations run by young people. In 2023, we facilitated over 500 charitable impact projects, including events, managed by high school students, college students, and other young individuals.

$616Kprogram expense
02

Startups Platform

we provide educational/advisory support to student- run startups. We provide detailed information on processes involved, and connect student founders to mentors that can support them. We also partner with software companies to provide free or discounted services to student startups.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYouth Leadership Incubator INC
EINHdr · item D81-1543325
Principal addressHdr · item CFremont, CA
WebsiteHdr · item Jhackplus.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFJan 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
See Youth Leadership Incubator INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$490K · 99%
Investment income$4K · 1%
Contributions & grants99%$490K
Investment income1%$4K
Total revenueLn 12$494K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$616K
Management & general1%$4K
Total functional expensesLn 25$620K

Balance Sheet

Part X · end of year
CashLn 1$98K
Total assetsLn 16$98K
Total liabilitiesLn 26$0
Total net assetsLn 32$98K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $98K · Operating expenses/yr $620K
1.9 months
Where the money goes
Program services
Program services $616K · Total expenses $620K
99%
Management & General
Management & general $4K · Total expenses $620K
1%
Fundraising
Fundraising $0 · Total expenses $620K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $68 · Solicited contributions (3-yr avg) $486K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $490K · Total revenue $494K
99%
Government reliance
Government grants — · Total revenue $494K
Earned-income share
Program service revenue $0 · Total revenue $494K
0%
Investment reliance
Investment income $4K · Total revenue $494K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $620K
0%
Growth & trend
Revenue growth (YoY)
This year $494K · Prior year $547K
-10%
Net-asset trend (YoY)
End of year $98K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $494K · Expenses $620K
-26%
Liabilities-to-Assets
Total liabilities — · Total assets $98K
Net-asset ratio
Net assets $98K · Total assets $98K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $98K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sanil Chawla · Reported title Executive Director · Highest reported compensation $0 · Total expenses $620K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $620K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth -10%

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 5 funders →
Grants paid · 1 grant · $35K · 2023–2023
The Accelerated SchoolsCA · FY2023$35,000

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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
FY2023 (Latest)$494K revenue · viewing · ⤓ 990 PDF
FY2022$547K revenue · ⤓ 990 PDF
FY2021$437K revenue · ⤓ 990 PDF
FY2020$312K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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