2020-05-14T18:06:40-05:00 2019-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2018-07-01 362193619 Youth for ChristUSA Inc YOUT 3038439000 PO Box 4478 Englewood CO 80155 Sean Wallinger Treasurer 3038439000 2020-05-14 1 Ashley Peabody P01385870 7195286225 139.146.132.42 2020-05-14 19:06:33 ED P 813501FC8D28AE2758170B8703AF2215BF97E2EF 6F6D626025DF5D1071CBFD291FD6717ACA6A9834 2018 2021-01-29 14:40:06Z Daniel S Wolgemuth PO Box 4478 Englewood CO 80155 14860121 0 1277 X www.yfc.net X 1945 IL YFC reaches young people everywhere, working together with local churches & other partners. 13 12 262 855 0 0 13617103 9402736 5146656 4835937 12425 21368 -168275 -75704 18607909 14184337 286860 1692208 0 0 11444684 10261873 0 0 992480 5943175 5466630 17674719 17420711 933190 -3236374 13305267 10797762 2015406 2214106 11289861 8583656 X See Schedule O for organization's mission statement. 0 0 6173368 1692208 Missionaries: Includes missionary activity in various countries, on U.S. military bases, and in the United States. 4167405 1537078 Chapter Services: Staff and activities devoted to providing services to YFC Chapters to assist Chapters in moving forward with the YFC mission. Examples include YFCamp, staff training, and staff development. 2761722 1747599 Field Leadership: Staff and activities devoted to providing guidance and leadership to YFC Chapters. Examples include Field Directors, National Ministry Directors, and Expansion Planning. 1363226 1551260 Risk Management: Cost of providing various insurance products and Risk Management services to the movement. 1363226 1551260 14465721 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 1 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 81 0 1 262 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X Sean Wallinger 3038439000 PO Box 4478 Englewood CO 80155 Daniel S Wolgemuth President/CEO 50.00 X X 183950 0 17802 Sheryl Haushalter Chairperson 1.00 1.00 X X 0 0 0 Holly J Culhane Vice Chairperson 1.00 X X 0 0 0 Robert C Moeller Trustee 1.00 X 0 0 0 A Scott Arnold Trustee (Part Year) 1.00 X 0 0 0 Travis L Holdman Trustee 1.00 1.00 X 0 0 0 Lynn M Breen Trustee 1.00 X 0 0 0 Howard J Porter Trustee 1.00 X 0 0 0 Barry C Huebner Trustee 1.00 1.00 X 0 0 0 Ali J King Trustee 1.00 X 0 0 0 Gilbert T Hernandez Trustee 1.00 X 0 0 0 Gay Brown Trustee 1.00 X 0 0 0 Luther Bradley Trustee 1.00 X 0 0 0 Dan Kregel Trustee 1.00 X 0 0 0 Sean Wallinger Treasurer 50.00 X 101918 0 19520 Debi McCusker Secretary 50.00 X 116990 0 3510 Tim Skrivan Executive Vice President 50.00 X 135000 0 16337 Seth Baker VP of Ministry Leaadership 50.00 X 101293 0 19502 Jake Bland VP of Marketing/Dev. 50.00 1.00 X 106473 0 19657 Nathan Jones AVP of Development 50.00 X 100031 0 19464 845655 0 115792 7 0 1 0 Young Life 420 N Cascade Ave Colorado Springs CO 80903 Camp Facility 322924 Vision Service Group 1702 Tacoma Avenue South Ste A Tacoma WA 984021700 External Printing 306209 NorthBay 11 Horseshoe Point Lane North East MD 21901 Camp Facility 275029 The Broadmoor 1 Lake Avenue Colorado Springs CO 80906 Meeting Events Facility/Lodging 121282 4 21500 92000 9289236 62079 9402736 Insurance Premiums 624100 1551260 1551260 Membership Dues 561000 1537078 1537078 Conferences/Convention 611710 1485259 1485259 Other Program Income 900099 260215 260215 Honorarium 900099 2125 2125 4835937 21368 21368 329 329 36706 14136 22570 22570 22570 500000 500000 0 0 63045 21500 161648 -98603 -98603 14184337 4835937 0 -54336 1678557 1678557 13651 13651 595027 481677 67336 46014 7631452 6161661 875911 593880 152565 122467 18021 12077 1248262 1048156 112469 87637 634567 510437 74214 49916 7429 1177 6252 41862 41862 623402 503581 112401 7420 3818 3773 45 569803 240759 242810 86234 285289 91698 192767 824 205237 169884 25906 9447 871516 725556 65674 80286 1452496 1389250 51627 11619 79864 73754 3938 2172 916589 916589 Ministry Expenses 215056 214901 38 117 Equipment 87380 39649 47731 Subscriptions & Dues 48836 29308 19528 58053 49236 3980 4837 17420711 14465721 1962510 992480 X 5650819 4470632 737809 572329 1597283 314150 303499 288005 239361 338950 2471049 1231385 1239480 1239664 800005 556853 2743425 3024460 -6414 -7281 13305267 10797762 477323 545480 1538083 1654627 0 13999 2015406 2214106 X 6892021 6886267 0 0 4397840 1697389 11289861 8583656 13305267 10797762 X -3236374 531035 -866 X X 0 1 X 1 0 X Schedule A, Part I, Line 1 Youth for Christ/USA, Inc. is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code and is classified as a public charity because it is describe in section 509(a)(1) and 170(b)(1)(A)(i) of the Code as a church. The Organization is not required to file a federal income tax return but chooses to do so voluntarily. Schedule A, Part II: Youth for Christ/USA, Inc. is a church as described under 170(b)(1)(A)(i) and is not required to complete a public support schedule. The organization has determined that, notwithstanding its classification as an organization described under 170(b)(1)(A)(i), it nonetheless meets the public support test applicable to organizations described in section 170(b)(1)(A)(vi) and is therefore permitted to use the first special rule listed on page 1 of Schedule B in determining the threshold for listing donors on Schedule B, Part I. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27757 -397 27360 26622 1135 27757 24600 2022 26622 18590 6010 24600 18590 -2322 -2322 18590 1.00000 1 0 199950 199950 1394959 466550 928409 171469 170540 929 704671 594295 110376 1239664 Investment in captive insurance company 3024460 F 3024460 Annuity Reserves 13999 13999 Part V, Line 4: The intended use of the organization's endowment funds is for general operations. Form 990, Schedule D, Part V, Lines 2a - 2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2019. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions 1 Europe (Including Iceland & Greenland) 0 23 Program Services Regional Staff Compensation & Ministry Expenses 1398538 Sub-Saharan Africa 0 8 Program Services Regional Staff Compensation & Ministry Expenses 358610 Sub-Saharan Africa 0 0 Grants to Recipients Located in the Region 13651 East Asia and the Pacific 0 3 Program Services Regional Staff Compensation & Ministry Expenses 350683 Middle East and North Africa 0 5 Program Services Regional Staff Compensation & Ministry Expenses 446535 South America 0 1 Program Services Regional Staff Compensation & Ministry Expenses 36573 Central America and the Caribbean 0 1 Program Services Regional Staff Compensation & Ministry Expenses 13350 Central America and the Caribbean 0 0 Investments 3024460 0 41 0 0 0 41 5642400 0 5642400 Sub-Saharan Africa Ministry project 13651 Wire/Check 1 0 0 0 1 0 0 0 Part I, Line 2: YFC/USA has an ongoing relationship with the missionaries/missionary organizations receiving these grants including but not limited to supervisory, financial, and budget oversight. Part I, line 3: Foreign expenditures are accounted for according to the accrual basis of accounting. Golf Outing - Broaddmoor 84545 21500 63045 121282 40366 84545 21500 63045 121282 40366 161648 -98603 1 Youth for Christ International 7670 S Vaughn Ct Englewood CO 80112 841188718 501(c)(3) 1558620 Transition of Global Engagement YFC Foundation 7670 S Vaughn Ct Englewood CO 80112 742527177 501(c)(3) 11607 Like minded organization, supporting missions Rogue Valley YFC 529 Edwards St Medford OR 97501 930509269 501(c)(3) 12000 Like minded organization, supporting missions Missoula YFC 1515 Fairview Ste 210 Missoula MT 59801 810442859 501(c)(3) 15110 Like minded organization, supporting missions Denver Area YFC 7670 S Vaughn Ct Englewood CO 80112 840481690 501(c)(3) 7500 Like minded organization, supporting missions Dare to Serve 102 Royal Oaks Dr Double Oak TX 75077 815294078 501(c)(3) 30000 Like minded organization, supporting missions Milton Seventh Day Baptist Church 720 E Madison Ave Milton WI 53653 390990602 501(c)(3) 10000 Like minded organization, supporting missions 7 0 Part I, Line 2: Prior to issuing a grant, YFC performs a review of the potential grant recipient to ensure they would be a like-minded ministry partner and would use grant funds for like-minded ministry purposes. Once funds are granted, YFC monitors the use of grant funds by requiring recipients to provide periodic reports on how funds were spent, and whether specific goals were reached. X 1 1 X X 0 0 0 0 0 0 0 0 0 Daniel S Wolgemuth President/CEO 183950 0 0 0 0 0 5519 0 12284 0 201753 0 0 0 Tim Skrivan Executive Vice President 135000 0 0 0 0 0 4050 0 12287 0 151337 0 0 0 Part I, Line 1a The board of trustees requires the spouse of the President to accompany him on 50% of his out of town travel. His spouse participates in the exempt activities 100% of the time that she accompanies him, so this travel is not treated as taxable compensation. Also, YFC has assigned one YFC Officer to serve as a director of an outside organization. It is YFC policy to request that spouses accompany the directors on these responsibilities. These travel expenses are reimbursed by YFC as taxable income to the employee. Average cost of this policy is $2,000 per year. X 9 62079 FMV - Sales Price 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part III, Line 1- Organization's Mission: Youth for Christ reaches young people everywhere, working together with the local church and other like minded partners to raise up lifelong followers of Jesus, who lead by their godliness in lifestyle, devotion to the Word of God and prayer, passion for sharing the love of Christ and commitment to social involvement. Form 990, Part VI, Section A, line 6 The organization has members referred to as the Council of Delegates. There are two classes of Delegates. One class of Delegates is nominated by the management of the Corporation and the other is made up from the full-time, credentialed ministry staff. Form 990, Part VI, Section A, line 7a Two board members are chosen by and from the Council of Delegates. Form 990, Part VI, Section A, line 7b The Council of Delegates has the ability to vote on changes to the Articles of Incorporation and has exclusive power to alter, amend, repeal, or adopt the Bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and reviewed in detail by the Treasurer and Chapter Accounting Manager for accuracy. The return is then distributed to the board of directors for their review prior to being filed with the IRS. Form 990, Part VI, Section B, line 12c The President's cabinet and the finance team monitor transactions on an ongoing basis to determine if any conflicts of interest exist. The officers and directors are also required to disclose annually any interests that could give rise to conflicts. If a potential conflict is identified, the person with the conflict will excuse his/her self from the decision making process when the board votes on the transaction. No transaction is entered into unless it is determined to be in the best interest of YFC. Form 990, Part VI, Section B, line 15 The executive team of the board reviews officer compensation on an annual basis, using comparability data to determine recommended compensation and benefit levels. The executive team then submits their recommendations to the board and the independent board members vote on officer compensation. All deliberations and decisions are documented in the board minutes. Form 990, Part VI, Section C, line 19 YFC makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Lines 27 - 29: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $6,886,267 Line 29 - Net assets with donor restrictions 1,697,389 __________ Total net assets $8,583,656 Form 990, Part XI, line 9: Change in net assets of YFC Resources -866. Form 990, Page 12, Part XII, Line 2C - Explanation of Responsibility: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of the independent accounting firm used. This process has not changed since the prior year. Youth For Christ Foundation PO Box 4555 Englewood CO 80155 742527177 Support Activities of YFC USA & YFC International CO 501(c)(3) Box 12a N/A 0 YFC Resources Inc PO Box 4478 Englewood CO 80155 452666104 Sales of YFC related merchandise CO Youth for ChristUSA Inc C 37453 1.00000 1 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 Youth for Christ Foundation B Youth for Christ Foundation C Youth for Christ Foundation L Youth for Christ Foundation N Youth for Christ Foundation O YFC Resources Inc N YFC Resources Inc O YFC Resources Inc D