Youthbank, Generation Enterprise in Philadelphia, Pennsylvania (PA)
Table of contents:
| Youthbank, Generation Enterprise | |
| Employer Identification Number (EIN) | 412272965 |
| Name of Organization | Youthbank |
| Secondary Name | Generation Enterprise |
| In Care of Name | Clara Chow |
| Address | 3537 Locust Walk Ste 100, Philadelphia, PA 19104 |
| Website | http://www.generationenterprise.org |
| Subsection | Charitable Organization |
| Ruling Date | 03/2011 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2011 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $90,333 |
| Amount of Income | $69,412 |
| Form 990 Revenue Amount | $69,412 |
| National Taxonomy of Exempt Entities (NTEE) | Youth Development: Youth Development - Business |
Non-representatives - add comments:
Amount of income in 2011: $69,412 (it was $69,412 in 2013)
| This organization: | $69,412 |
| Other organizations performing similar types of work: | $83,394 |
Assets in 2011: $90,333 (it was $90,333 in 2013)
| Youthbank, Generation Enterprise: | $90,333 |
| Other organizations performing similar types of work: | $28,254 |
Expenses in 2013: $34,152
| Youthbank, Generation Enterprise: | $34,152 |
| Other organizations performing similar types of work: | $67,379 |
Income to expenses ratio in 2013: 2.0
| This organization: | 2.0 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 100.0%
| Youthbank, Generation Enterprise: | 100.0% |
| Other organizations performing similar types of work: | 75.6% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $78,389 | $69,412 |
| Contributions, gifts, grants, and similar amounts received | $78,389 | $69,412 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $55,561 | $34,152 |
| Total net assets | $55,073 | $90,333 |
| Excess/Deficit for the year | $22,828 | $35,260 |
| Net assets or fund balances at beginning of year | $32,245 | $55,073 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $55,073 | $90,333 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $56,550 | $90,333 |
| Total liabilities | $1,477 | $0 |
| Net assets or fund balances | $55,073 | $90,333 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | Yes | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $174,156 |
| Subtotal Support | $278,745 |
| Gifts, grants, contributions, and membership fees received | $278,745 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $104,589 |
| Total Support | $278,745 |
| Public Support | $278,745 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Light Of The World Ministries in Philadelphia, PA
 |
| Florence Cowanova School Of Dance in Philadelphia, PA |
Norris Community Resident Council Inc in Philadelphia, PA
 |
|
Antioch Christian Fellowship in Philadelphia, PA
|
Iron Sharpens Iron in Philadelphia, PA
 |
| Trinity Recovery Network Inc in Philadelphia, PA |
|
Amici Opera Company in Philadelphia, PA
|
|
City Youth Association Gators in Philadelphia, PA
|
|
Victory House International Ministries Inc in Philadelphia, PA
|
|
Holy Church Of The Living God Inc in Philadelphia, PA
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Young Entrepreneurs Academy Inc | 400 White Spruce Blvd Ste C, Rochester, NY 14623-1619 | NY | 2009-03 | $1,484,956 |
| 2 | Spy Hop Productions Inc | 511 West 200 South, Salt Lake City, UT 84101-1185 | UT | 2000-08 | $1,250,585 |
| 3 | Youth Venture Inc | 1700 N Moore St Ste 2000, Arlington, VA 22209-1921 | VA | 1995-07 | $1,194,932 |
| 4 | C U E S Creative Urban Entrepreneurial Students | 1341 North Delaware Avenue Suite 20, Philadelphia, PA 19125-4300 | PA | 1997-01 | $463,752 |
| 5 | Startup Corps Inc | 404 E Flora St, Philadelphia, PA 19125-3316 | PA | 2010-07 | $245,164 |
| 6 | Youthbank, Generation Enterprise | 3537 Locust Walk Ste 100, Philadelphia, PA 19104 | PA | 2011-03 | $69,412 |
| 7 | Womens Regional Busness Council | 1231 Highland Ave, Ft Washington, PA 19034-1642 | PA | 2005-02 | $34,089 |
| 8 | Institute For The Economic Development Of Children | 42 W Harvey St, Philadelphia, PA 19144-2720 | PA | 1999-01 | $33,042 |
| 9 | Foundation Of The Clumbia-Montour Chamber Of Commerce | 238 Market St, Bloomsburg, PA 17815-1727 | PA | 2001-04 | $15,505 |
| 10 | Foundation For Adolescent Credit Education | 1104 Wooded Way Drive, Media, PA 19063 | PA | 2010-05 | $5,277 |
| 11 | Ardsley-North Hills Athletic Association | 911 Avenue G, Glenside, PA 19038-1902 | PA | 2014-11 | $0 |
| 12 | Business Of Doing Good | 323 Pine St, Philadelphia, PA 19106-4212 | PA | 2015-02 | $0 |
| 13 | Exton Region Business & Education Partnership | 747 Constitution Ave Ste 100, Exton, PA 19341-1100 | PA | 2010-09 | $0 |
| 14 | Girls Action Network Inc | Two Liberty 50 S 16th St Ste 3200, Philadelphia, PA 19102 | PA | 2003-06 | $0 |
| 15 | International Order Of The Rainbow Girls The Supreme Assembly | 2120 Route 100, Macungie, PA 18062 | PA | 1928-08 | $0 |
| 16 | International Order Of The Rainbow Girls, Harmony Assembly #74 | 181 Chapel St, Luzerne, PA 18709 | PA | 1942-07 | $0 |
| 17 | Investing For Hope | 1406 Merlin Cir, Audubon, PA 19403-1858 | PA | 2015-01 | $0 |
| 18 | National Council On Youth Leadership | C/O Rygield Studio 100 Wyoming Avenue, Wyoming, PA 18644 | PA | 2006-04 | $0 |
| 19 | Pennsylvania Youth Consortium For Financial Literacy | 150 N Radnor Chester Road Su F203, Wayne, PA 19087 | PA | 2014-10 | $0 |
| 20 | Youth Angel Scholars | 112 Mildred Ave, Darby, PA 19023-1906 | PA | 2011-11 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 372 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Youthbank, Generation Enterprise »
Non-representatives - add comments about Youthbank, Generation Enterprise»