TEENWORKS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
TEENWORKS INC (EIN 46-2047309)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202443209349305244
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T09:24:20-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN352123203PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KSM BUSINESS SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 40857AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462047309EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TEENWORKS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTEENBusinessNameControlTxt
Phone3179167858PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12820 N MERIDIAN STREET 1250AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNICK DUVALLPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone3179167858PhoneNum
Signature2024-10-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCASSE TATEPreparerPersonNm
PTINP01271193PTIN
Phone3175802000PhoneNum
Preparation2024-10-24PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1TEENWORKSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerNICK DUVALLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12820 N MERIDIAN STREET 1250AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,598,846GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressTEENWORKS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTO HELP TEENS TO ACHIEVE EXCELLENCE IN COLLEGE, CAREER, AND COMMUNITY. TEENWORKS EMPOWERS TEENS TO DISCOVER A NEW LEVEL OF SELF-CONFIDENCE, RECOGNIZE THAT ACHIEVING PROFESSIONAL SUCCESS IS WITHIN THEIR REACH, AND BUILD THEIR RESOURCES TO MAKE IT HAPPEN.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee511TotalEmployeeCnt
Total Volunteers165TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,430,341PYContributionsGrantsAmt
CY Contributions Grants$3,457,724CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$19,991PYInvestmentIncomeAmt
CY Investment Income$25,064CYInvestmentIncomeAmt
PY Other Revenue$63,027PYOtherRevenueAmt
CY Other Revenue$55,221CYOtherRevenueAmt
PY Total Revenue$2,513,359PYTotalRevenueAmt
CY Total Revenue$3,538,009CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,059,105PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,252,493CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$268,612CYTotalFundraisingExpenseAmt
PY Other Expenses$506,727PYOtherExpensesAmt
CY Other Expenses$740,495CYOtherExpensesAmt
PY Total Expenses$2,565,832PYTotalExpensesAmt
CY Total Expenses$2,992,988CYTotalExpensesAmt
PY Revenues Less Expenses-$52,473PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$545,021CYRevenuesLessExpensesAmt
Total Assets BOY$2,218,152TotalAssetsBOYAmt
Total Assets EOY$2,894,778TotalAssetsEOYAmt
Total Liabilities BOY$147,225TotalLiabilitiesBOYAmt
Total Liabilities EOY$158,984TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,070,927NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,735,794NetAssetsOrFundBalancesEOYAmt
MissionTO EMPOWER TEENS TO ACHIEVE EXCELLENCE IN COLLEGE, CAREER, AND COMMUNITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,749,316ExpenseAmt
DescTHE TEENWORKS SUMMER PROGRAM IS THE FOUNDATIONAL ENTRY POINT FOR ALL TEENWORKS PARTICIPANTS. TEENS LEARN BASIC AND EMPLOYABILITY SKILLS, COMPLETE SIX WEEKS OF EMPLOYMENT AND PROFESSIONAL DEVELOPMENT, AND EARN A JOB READY CERTIFICATE BY DEMONSTRATING PROFICIENCY IN THE SOFT SKILLS ALIGNED WITH INDIANA'S EMPLOYABILITY SKILLS BENCHMARKS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$594,559ExpenseAmt
DescTHE TEENWORKS PRO PROGRAM OFFERS TEENS COMPREHENSIVE, CAREER-FOCUSED PROFESSIONAL DEVELOPMENT AND CAREER PATHWAY EXPERIENCE THROUGHOUT THE ACADEMIC YEAR.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$136,163ExpenseAmt
DescTHE TEENWORKS ALUMNI SERVICES PROGRAM AIMS TO PROVIDE ACADEMIC AND CAREER SUPPORT TO TEENS WHO HAVE SUCCESSFULLY COMPLETED THE TEENWORKS PRO PROGRAM. THIS INCLUDES SCHOLARSHIPS, ACADEMIC SUPPORT, PROFESSIONAL CREDENTIALING AND CASE MANAGEMENT.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,480,038TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee511EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KIMBERLY COXBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3179167950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12820 N MERIDIAN STREET SUITE 1250AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
NICK DUVALL
PRESIDENT/CEO40.00Yes (X)$181,864$0$17,075
KIMBERLY COX
DIRECTOR OF FINANCE40.00Yes (X)$71,314$0$15,064
LATOYA WILLIAMS
TREASURER2.00Yes (X)$0$0$0Yes (X)
KATRINA CLINGERMAN
SECRETARY2.00$0$0$0Yes (X)
MARIANNE GLICK
BOARD CHAIR10.00Yes (X)$0$0$0Yes (X)
RO-ANNE ROYER ENGLE
VICE CHAIR2.00Yes (X)$0$0$0Yes (X)
MARIO RODRIGUEZ
DIRECTOR2.00$0$0$0Yes (X)
RYAN LYNCH
DIRECTOR2.00$0$0$0Yes (X)
LISA VIELEE
DIRECTOR2.00$0$0$0Yes (X)
WAYNE JOHNSON
DIRECTOR2.00$0$0$0Yes (X)
DOUG BRALY
DIRECTOR2.00$0$0$0Yes (X)
AHMED YOUNG
DIRECTOR2.00$0$0$0Yes (X)
ANGIE KOGER
DIRECTOR2.00$0$0$0Yes (X)
LAURA LAURENCE
DIRECTOR2.00$0$0$0Yes (X)
ABBY MARSHAUS
DIRECTOR2.00$0$0$0Yes (X)
AARON WILLIAMS
DIRECTOR2.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$253,178TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$32,139TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$90,954FundraisingAmt
Government Grants$77,500GovernmentGrantsAmt
All Other Contributions$3,289,270AllOtherContributionsAmt
Noncash Contributions$15,147NoncashContributionsAmt
Total Contributions$3,457,724TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,064TotalRevenueColumnAmt
Exclusion$25,064ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$85,935FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$90,954ContriRptFundraisingEventAmt
Fundraising Direct Expenses$60,837FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,098TotalRevenueColumnAmt
Exclusion$25,098ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,123TotalRevenueColumnAmt
Exclusion$30,123ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$30,123OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,538,009TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$80,285ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$285,317TotalAmt
Program Services$244,106ProgramServicesAmt
Management And General$12,634ManagementAndGeneralAmt
Fundraising$28,577FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,658,857TotalAmt
Program Services$1,419,249ProgramServicesAmt
Management And General$73,458ManagementAndGeneralAmt
Fundraising$166,150FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$156,505TotalAmt
Program Services$136,829ProgramServicesAmt
Management And General$7,275ManagementAndGeneralAmt
Fundraising$12,401FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$151,814TotalAmt
Program Services$132,244ProgramServicesAmt
Management And General$6,999ManagementAndGeneralAmt
Fundraising$12,571FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$31,843TotalAmt
Management And General$31,843ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$7,855TotalAmt
Management And General$7,855ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$40,377TotalAmt
Program Services$13,608ProgramServicesAmt
Management And General$17,241ManagementAndGeneralAmt
Fundraising$9,528FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,223TotalAmt
Management And General$13,223ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,931TotalAmt
Program Services$5,057ProgramServicesAmt
Fundraising$1,874FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$50,847TotalAmt
Program Services$45,314ProgramServicesAmt
Management And General$2,866ManagementAndGeneralAmt
Fundraising$2,667FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$160,937TotalAmt
Program Services$160,937ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$30,338TotalAmt
Program Services$25,435ProgramServicesAmt
Management And General$2,217ManagementAndGeneralAmt
Fundraising$2,686FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,473TotalAmt
Management And General$6,473ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$61,773TotalAmt
Program Services$55,995ProgramServicesAmt
Management And General$3,181ManagementAndGeneralAmt
Fundraising$2,597FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM SUPPLIES AND ME$214,196$214,196
BAD DEBT EXPENSE$50,037$50,037
OTHER PROGRAM SUPPORT$15,768$15,768
EMPLOYEE MEALS$14,908$6,106$8,802

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$34,989TotalAmt
Program Services$11,300ProgramServicesAmt
Management And General$2,930ManagementAndGeneralAmt
Fundraising$20,759FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,992,988TotalAmt
Program Services$2,480,038ProgramServicesAmt
Management And General$244,338ManagementAndGeneralAmt
Fundraising$268,612FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$451,976BOYAmt
EOY$1,264,317EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$760,815BOYAmt
EOY$496,762EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,464BOYAmt
EOY$15,220EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$221,488LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$205,244LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$22,717BOYAmt
EOY$16,244EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$965,180BOYAmt
EOY$1,102,235EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,218,152BOYAmt
EOY$2,894,778EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$147,225BOYAmt
EOY$158,984EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$147,225BOYAmt
EOY$158,984EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,338,979BOYAmt
EOY$2,141,813EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$731,948BOYAmt
EOY$593,981EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,070,927BOYAmt
EOY$2,735,794EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,218,152BOYAmt
EOY$2,894,778EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$545,021ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$119,846NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,296,319CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,217,889CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,544,971CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,430,341CurrentTaxYearMinus1YearAmt
Current Tax Year$3,457,724CurrentTaxYearAmt
Total$12,947,244TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,296,319CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,217,889CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,544,971CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,430,341CurrentTaxYearMinus1YearAmt
Current Tax Year$3,457,724CurrentTaxYearAmt
Total$12,947,244TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$7,686,163SubstantialContributorsTotAmt
Public Support Total170$5,261,081PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$11,922CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,991CurrentTaxYearMinus1YearAmt
Current Tax Year$25,064CurrentTaxYearAmt
Total$56,977TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,507CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$35,745CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$73,150CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$93,324CurrentTaxYearMinus1YearAmt
Current Tax Year$91,373CurrentTaxYearAmt
Total$297,099TotalAmt
FieldValueIRS element (for citing)
Total Support$13,301,320TotalSupportAmt
Public Support CY1700.39550PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$221,488OtherCostOrOtherBasisAmt
Depreciation$205,244DepreciationAmt
Book Value$16,244BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,244TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,697,607TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$119,846NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$12,203DonatedServicesAndUseFcltsAmt
Other Revenue$35,404OtherRevenueAmt
Revenue Not Reported$167,453RevenueNotReportedAmt
Revenue Subtotal$3,530,154RevenueSubtotalAmt
Investment Expenses Not Incld$7,855InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$7,855RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,538,009TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,032,740TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$12,203DonatedServicesUseFcltsAmt
Other Expenses Included$35,404OtherExpensesIncludedAmt
Expenses Not Reported$47,607ExpensesNotReportedAmt
Expenses Subtotal$2,985,133ExpensesSubtotalAmt
Investment Expenses Not Incld2$7,855InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$7,855ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,992,988TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:TEENWORKS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. IN ADDITION, TEENWORKS HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR 2023 AND 2022. TEENWORKS FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. TEENWORKS IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2020. MANAGEMENT BELIEVES THAT TEENWORKS' INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES 35,404.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES 35,404.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising Acty0AgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL FUTURES BREAKFASTEvent1Nm
Gross Receipts Event1$139,038GrossReceiptsEvent1Amt
Charitable Contri Event1$69,556CharitableContriEvent1Amt
Gross Revenue Event1$69,482GrossRevenueEvent1Amt
Rent Facility Costs Event1$675RentFacilityCostsEvent1Amt
Food And Beverage Event1$23,428FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$30,792OtherDirectExpensesEvent1Amt
Event2GOLF OUTINGEvent2Nm
Gross Receipts Event2$10,541GrossReceiptsEvent2Amt
Charitable Contri Event2$2,141CharitableContriEvent2Amt
Gross Revenue Event2$8,400GrossRevenueEvent2Amt
Food And Beverage Event2$498FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$1,915OtherDirectExpensesEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$27,310GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$19,257CharitableContriOtherEventsAmt
Gross Revenue Other Events$8,053GrossRevenueOtherEventsAmt
Food And Beverage Other Events$832FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$2,697OthDirectExpnssOtherEventsAmt
Gross Receipts Total$176,889GrossReceiptsTotalAmt
Charitable Contributions Tot$90,954CharitableContributionsTotAmt
Gross Revenue Total Events$85,935GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$675RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$24,758FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$35,404OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$60,837DirectExpenseSummaryEventsAmt
Net Income Summary$25,098NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonNICK DUVALLPersonNm
TitlePRESIDENT/CEOTitleTxt
Base Compensation Filing Org$181,864BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$4,297DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$12,778NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$198,939TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND CEO/PRESIDENT AS WELL AS THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12CTEENWORKS HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE ANNUAL DISCLOSURE REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO DISCLOSE, IN WRITING, ANY KNOWN FINANCIAL INTEREST THAT THE INDIVIDUAL (TOGETHER WITH FAMILY MEMBERS) HAS IN ANY BUSINESS ENTITY THAT TRANSACTS BUSINESS WITH TEENWORKS. IN ADDITION, DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST THAT ARISES MID-YEAR IN RELATION TO A PROPOSED TRANSACTION. THE CONFLICT OF INTEREST POLICY REQUIRES THAT ANY INDIVIDUAL WITH A CONFLICT BE RECUSED FROM THE DECISION-MAKING PROCESS, THAT INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS DETERMINE THAT THE PROPOSED TRANSACTION IS IN THE BEST INTERESTS OF TEENWORKS. THE TRANSACTION MUST BE APPROVED BY A VOTE OF THE INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS WITHOUT THE PARTICIPATION OF ANY INTERESTED INDIVIDUAL. THE ANNUAL CONFLICT DISCLOSURE STATEMENTS ARE SUBMITTED TO, AND REVIEWED BY, TEENWORKS' DIRECTORS. IN ADDITION, THE BOARD IS ENGAGED TO ENSURE THAT ALL TRANSACTIONS REPRESENT ARMS' LENGTH, FAIR MARKET VALUE TERMS FOR THE BENEFIT OF TEENWORKS.
FORM 990, PART VI, SECTION B, LINE 15APERIODIC REVIEWS ARE CONDUCTED WHICH ASSESS WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE. OUTSIDE ADVISORS MAY BE USED IN CONDUCTING PERIODIC REVIEWS, IF NEEDED. THE BOARD IS RESPONSIBLE FOR THE APPROVAL OF THE PRESIDENT/CEO'S COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGES WERE MADE TO THE AUDIT OVERSIGHT OR SELECTION PROCESSES SINCE THE PRIOR YEAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.