Youth Collaborative INC EIN 85-1060053 Form 990 (PDF) Claim this org

Youth Collaborative INC FY2023 filing

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Empowers youth with tools and resources for future success. For fiscal year 2023 it reported $240K in revenue, $244K in expenses, and $30K in net assets.Pt I

Founded
2020
Type
Public charity (501(c)(3)) · Human Services
Location
Winston Salem, NC
Filings
4 on file (2021–2023)
Revenue
$240KFY2023
Expenses
$244K
Net assets
$30K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-1060053 Public charity (501(c)(3)) Winston Salem, NC Founded 2020
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Empowers youth with tools and resources for future success.
Leadership
Terra Lataille · Program Director · $49K
Money in and out
$240K revenue, $244K expenses
Bottom line
98% program efficiency
Where the money goes · FY2023
Total revenue
$240K
Pt VIII · Ln 12
Total expenses
$244K
Pt IX · Ln 25
Net assets
$30K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$240K
FY2023▲ +31%
Expenses
$244K
FY2023
Total assets
$75K
FY2023
Total liabilities
$46K
FY2023
Total revenue
$240K
Pt VIII · Ln 12
Total expenses
$244K
Pt IX · Ln 25
Net assets
$30K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$75K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $239K of program spending, described in the organization's own filed words · FY2022.
01

Project X is specially geared toward working with youth who are gang involced or at-risk of gang involvement to decrease gun and gang violance in Forsyth County.

$239Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYouth Collaborative INC
EINHdr · item D85-1060053
Principal addressHdr · item CWinston Salem, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2020
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P30)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Program Director
$49,003Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member Effective Feb 2023
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022
Terra Lataille$45,973$45,074$49,003$46,450

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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Statement of Revenue

Part VIII
Contributions & grants100%$239K
Other revenue$1K
— government grantsLn 1e$221K
Total revenueLn 12$240K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$239K
Management & general2%$6K
Total functional expensesLn 25$244K

Balance Sheet

Part X · end of year
CashLn 1$2K
Total assetsLn 16$75K
Total liabilitiesLn 26$46K
Total net assetsLn 32$30K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2K · Operating expenses/yr $244K
0.1 months
Where the money goes
Program services
Program services $239K · Total expenses $244K
98%
Management & General
Management & general $6K · Total expenses $244K
2%
Fundraising
Fundraising $0 · Total expenses $244K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $18K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $239K · Total revenue $240K
100%
Government reliance
Government grants $221K · Total revenue $240K
92%
Earned-income share
Program service revenue $0 · Total revenue $240K
0%
Investment reliance
Investment income $0 · Total revenue $240K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $244K
0%
Growth & trend
Revenue growth (YoY)
This year $240K · Prior year $183K
+31%
Net-asset trend (YoY)
End of year $30K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $240K · Expenses $244K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $75K
Net-asset ratio
Net assets $30K · Total assets $75K
40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $75K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Terra Lataille · Reported title Program Director · Highest reported compensation $49K · Total expenses $244K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $174K · Total expenses $244K
71%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 31%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%

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$5K

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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$344K revenue · ⤓ 990 PDF
FY2023$240K revenue · viewing · ⤓ 990 PDF
FY2022$183K revenue · ⤓ 990 PDF
FY2021$107K 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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