2022-09-06T07:41:37-05:00 2021-12-31 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR RD SUITE 100 WILMINGTON DE 19809 990 2021-01-01 471867733 LEADING YOUTH THROUGH EMPOWERMENT LEAD 3027865983 1313 MARKET STREET 110A WILMINGTON DE 198016101 ANKUR ARYA EXECUTIVE DIRECTOR 3027865983 2022-09-06 ANKUR ARYA 999009999 JEFFREY A KOWALCZYK CPA P01563311 3024788940 2022-09-06 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ANKUR ARYA 1313 MARKET STREET 110A WILMINGTON DE 198016101 907914 0 X WWW.LYTESCHOLARS.ORG X 2014 DE THE MISSION OF LEADING YOUTH THROUGH EMPOWERMENT IS TO INCREASE ACCESS TO TOP PERFORMING HIGH SCHOOLS FOR STUDENTS FROM LOW-INCOME BACKGROUNDS IN DELAWARE THROUGH KNOWLEDGE AND LEADERSHIP. 12 12 7 62 0 0 160341 824632 0 0 0 0 0 83282 160341 907914 0 0 0 0 232901 314555 0 0 0 144154 202682 377055 517237 -216714 390677 179381 590050 50706 47604 128675 542446 THE MISSION OF LEADING YOUTH THROUGH EMPOWERMENT IS TO INCREASE ACCESS TO TOP PERFORMING HIGH SCHOOLS FOR STUDENTS FROM LOW-INCOME BACKGROUNDS IN DELAWARE THROUGH KNOWLEDGE AND LEADERSHIP. 0 0 337941 DURING 2021, THE ORGANIZATION WORKED TO IDENTIFY MOTIVATED MIDDLE SCHOOL STUDENTS FROM OUR LOWEST INCOME SCHOOLS AND PROVIDE ENHANCED ACADEMIC PROGRAMMING THAT WILL ENABLE THEM TO SUCCEED IN DELAWARE'S TOP PERFORMING HIGH SCHOOLS AND BEYOND THROUGH COLLEGE,ASSIST STUDENTS AND THEIR FAMILIES IN UNDERSTANDING PUBLIC AND PRIVATE HIGH SCHOOL OPTIONS AND HELPING THEM NAVIGATE THE APPLICATION AND FINANCIAL AID PROCESS (AS APPROPRIATE), CREATE A SUSTAINABLE PROGRAM THAT SUPPORTS AND FOLLOWS PARTICIPANTS THROUGH THEIR HIGH SCHOOL YEARS, AND PROVIDE FINANCIAL ASSISTANCE TO STUDENTS WHOSE FAMILIES CANNOT AFFORD THE COST OF TUITION OR OTHER SCHOOL-RELATED COSTS EVEN AFTER FINANCIAL AID OR TUITION REDUCTION IS FACTORED IN. 337941 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 X THE ORGANIZATION 3027865983 1313 MARKET STREET 110A WILMINGTON DE 198016101 LISA LESSNER PRESIDENT 3.00 X X 0 0 0 ZACH BEATTIE VICE PRESIDENT 3.00 X X 0 0 0 ARATI KOHLI SECRETARY 3.00 X X 0 0 0 CLINT WALKER TREASURER 3.00 X X 0 0 0 PILAR KRAMAN BOARD MEMBER 1.00 X 0 0 0 RACHEL HARAD BOARD MEMBER 1.00 X 0 0 0 TAMARA DEFER BOARD MEMBER 1.00 X 0 0 0 BENESSA REID BOARD MEMBER 1.00 X 0 0 0 JEANANA LLOYD BOARD MEMBER 1.00 X 0 0 0 MOLLY MCPHEETERS BOARD MEMBER 1.00 X 0 0 0 KATHRYN A PINCUS BOARD MEMBER 1.00 X 0 0 0 RYSHEEMA DIXON BOARD MEMBER 1.00 X 0 0 0 ANKUR ARYA EXECUTIVE DIRECTOR 40.00 X 71280 0 0 71280 0 0 0 0 0 0 0 212424 612208 824632 PPP LOAN FORGIVENESS 900099 83282 83282 83282 907914 0 0 83282 X 71280 30650 40630 218754 94065 124689 24521 10544 13977 6525 6525 97266 97266 2050 2050 9830 9830 4199 4199 3155 3155 PROGRAM SUPPLIES 71860 71860 TUITION 7797 7797 517237 337941 179296 0 14642 399747 164739 190303 179381 590050 5256 11991 38750 0 6700 35613 50706 47604 X 128675 542446 128675 542446 179381 590050 390677 23094 0 X 0 1 X 1 0 X 107313 427910 173006 160341 824632 1693202 107313 427910 173006 160341 824632 1693202 799544 893658 1693202 0.52780 0.59530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DELAWARE COMMUNITY FOUNDATION 190303 F 190303 FLII STIPEND DEPOSIT 35613 35613 X 931008 23094 23094 907914 0 907914 517237 0 517237 0 517237 PART X, LINE 2: NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE ORGANIZATION HAS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION IN THE FINANCIAL STATEMENTS. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ARE CURRENTLY AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15 CONSIDERATION OF COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION FOR POSITIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G TEACHERS: PROGRAM SERVICE EXPENSES 57194. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57194. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 40072. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40072.