Young Tracks INC FY2024 filing

Tax-deductible

Steamboat Spr, CO501(c)(3)Since 1999Human ServicesEIN 84-1149964Revenue $2.2M in FY2024

On file with the IRS1647 Mid Valley Dr, 80487-9006 · Steamboat Spr, COTax-exempt since Nov 1990Publicly supported — 509(a)(2)

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Provide preschool & childcare services

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$99K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
4 of 6
filings with a surplus
Average surplus $51K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$99K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $219K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$878K
72% of total assets
Worth a look: liabilities are 72% of assets; over 65%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
+42% vs prior year
Spent
$1.9M
To programs
89%
Net assets
$348K
By yearFY2020–FY2025
Revenue
$2.2M
FY2024▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.5M
FY2022$1.3M
FY2023$1.5M
FY2024$2.2M
FY2025$674K
Expenses
$1.9M
FY2024▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.5M
FY2022$1.6M
FY2023$1.7M
FY2024$1.9M
FY2025$433K
Net assets
$348K
FY2024▲ +626%
Tap a bar for its year
Net assets by fiscal year
FY2020$451K
FY2021$468K
FY2022$223K
FY2023$48K
FY2024$348K
FY2025$465K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 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 Nov 1990.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $1.7M Management & general 8% · $159K Fundraising 3% · $58K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $99K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$99,430Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kim Martin’s $26K as Executive Director is at the 15th percentile of top reported officer pay among 2168 $100K–1M human services 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kim Martin$26,187$99,430$97,777$97,631$81,716$75,737

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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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 15aYes

Programs and updates

Offers daycare and preschool programs for children.

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Provided by the organization

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1 program · $1.7M · in their own filed words · FY2024
01

Provided preschool & childcare services.

$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$219K
See all 4 funders →
Grants paid · 5 grants · $811K · 2020–2024
Unitemized GrantFY2024$428,355
Unitemized GrantFY2023$147,486
Unitemized GrantFY2022$90,992
Unitemized GrantFY2021$88,645
Unitemized GrantFY2020$55,938

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Fees for servicesLn 2g$1.7M
Gifts and grantsLn 1h$485K
Other incomeLn 4–11$10K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.7M
Managementcol C$159K
Fundraisingcol D$58K
Owns and owesPt X
$348K
net assets · Ln 32
Cash and savingsLn 1–2$221K
Total assetsLn 16$1.2M
LiabilitiesLn 26$878K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$485K
Government grantsLn 1e$142K
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$3K
Other incomeLn 4–11$10K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$31K
SavingsLn 2$190K
Cash and savings togetherLn 1–2$221K
Land, buildings, equipmentLn 10c$1.0M
Total assetsLn 16$1.2M
LiabilitiesLn 26$878K
Net assetsLn 32$348K
OperationsPt I, VI
EmployeesI 527
VolunteersI 610
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$22K$221K
Land, buildings, equipmentLn 10c$1.0M$1.0M
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$1.0M$878K
Net assetsLn 32$48K$348K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$428K$428K
Pay of current officers, directors and key staffLn 5$99K$15K$55K$30K
Other salaries and wagesLn 7$910K$852K$45K$13K
Other employee benefitsLn 9$40K$34K$4K$2K
Payroll taxesLn 10$87K$75K$9K$4K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$7K$900$831$6K
Office expensesLn 13$11K$10K$630$271
OccupancyLn 16$12K$11K$681$293
InterestLn 20$38K$35K$2K$960
Depreciation, depletion and amortizationLn 22$35K$32K$2K$874
InsuranceLn 23$24K$22K$1K$602
Other expenses (24a–d)Ln 24$149K$143K$4K$2K
All other expensesLn 24e$14K$14K$87$97
Total functional expensesLn 25$1.9M$1.7M$159K$58K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $674K$433K$241K$465K 990 PDF
FY2024 Viewing $2.2M$1.9M$300K$348K 990 PDF
FY2023 $1.5M$1.7M−$175K$48K 990 PDF
FY2022 $1.3M$1.6M−$245K$223K 990 PDF
FY2021 $1.5M$1.5M$17K$468K 990 PDF
FY2020 $1.2M$1.1M$171K$451K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $2,189,848 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $371,404$485,263
I-9 Program service revenuePrior year $1,162,158$1,691,344
I-10 Investment incomePrior year $1,320$3,386
I-11 Other revenuePrior year $2,728$9,855
I-12 Total revenuePrior year $1,537,610$2,189,848
I-13 Grants and similar amounts paidPrior year $147,486$428,355
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,186,021$1,136,075
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $378,922$325,165
I-18 Total expensesPrior year $1,712,429$1,889,595
I-19 Revenue less expensesPrior year −$174,819$300,253
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,189,848 across 7 lines filed
VIII-1e Government grants$142,359
VIII-1f All other contributions, gifts and grants$342,904
VIII-1h Total contributions, gifts and grants$485,263
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,691,344$1,691,344
VIII-3 Investment incomeExcluded from tax $3,386$3,386
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,855$9,855
VIII-12 Total revenueRelated to mission $1,701,199 · Unrelated business $0 · Excluded from tax $3,386$2,189,848
Part IX · Statement of functional expenses $1,889,595 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $428,355$428,355
IX-5 Pay of current officers, directors and key staffPrograms $14,915 · Management $54,687 · Fundraising $29,828$99,430
IX-7 Other salaries and wagesPrograms $851,529 · Management $45,395 · Fundraising $12,586$909,510
IX-9 Other employee benefitsPrograms $34,108 · Management $3,940 · Fundraising $1,670$39,718
IX-10 Payroll taxesPrograms $75,071 · Management $8,671 · Fundraising $3,675$87,417
IX-11b Legal feesManagement $7,037$7,037
IX-11c Accounting feesManagement $27,616$27,616
IX-11g Other fees for servicesPrograms $900 · Management $831 · Fundraising $5,668$7,399
IX-13 Office expensesPrograms $9,958 · Management $630 · Fundraising $271$10,859
IX-16 OccupancyPrograms $10,763 · Management $681 · Fundraising $293$11,737
IX-20 InterestPrograms $35,209 · Management $2,227 · Fundraising $960$38,396
IX-22 Depreciation, depletion and amortizationPrograms $32,052 · Management $2,027 · Fundraising $874$34,953
IX-23 InsurancePrograms $22,099 · Management $1,398 · Fundraising $602$24,099
IX-24 Other expenses (24a–d)Programs $143,499 · Management $3,553 · Fundraising $1,532$148,584
IX-24e All other expensesPrograms $14,301 · Management $87 · Fundraising $97$14,485
IX-25 Total functional expensesPrograms $1,672,759 · Management $158,780 · Fundraising $58,056$1,889,595
Part X · Balance sheet $1,226,231 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year −$8,778$30,829
X-2 Savings and temporary cash investmentsStart of year $30,720$189,730
X-4 Accounts receivableStart of year $18,029$0
X-9 Prepaid expenses and deferred charges$4,857
X-10c Land, buildings and equipment, netStart of year $1,035,767$1,000,815
X-16 Total assetsStart of year $1,075,738$1,226,231
X-17 Accounts payable and accrued expensesStart of year $58,763$27,532
X-19 Deferred revenueStart of year $76,809$0
X-26 Total liabilitiesStart of year $1,027,740$877,980
X-27 Net assets without donor restrictionsStart of year $47,998$348,251
X-32 Total net assets or fund balancesStart of year $47,998$348,251
X-33 Total liabilities and net assetsStart of year $1,075,738$1,226,231
Part XI · Reconciliation of net assets $348,251 net assets at year end
XI-1 Total revenue$2,189,848
XI-2 Total expenses$1,889,595
XI-3 Revenue less expenses$300,253
XI-4 Net assets at start of year$47,998
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$348,251

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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