2016-05-16T15:22:06-05:00 2015-12-31 BOND BEEBE PC 4600 EAST-WEST HIGHWAY SUITE 900 BETHESDA MD 208143423 990 2015-01-01 521936144 YOUTH IMPROVING NON-PROFITS FOR CHILDREN % YOUTH INC YOUT 2124014039 535 EIGHTH AVENUE SUITE 1400 NEW YORK NY 10018 REHANA S FARRELL EXECUTIVE DIRECTOR 2124014039 2016-05-09 true JOEL C SUSCO P00189961 2124014039 2015 2016-09-27 15:27:22Z X REHANA S FARRELL 535 EIGHTH AVENUE SUITE 1400 NEW YORK NY 10018 7842765 false X WWW.YOUTHINC-USA.ORG X 1995 DE To improve the lives of nyc's kids through a unique venture philanthropy model that empowers, develops, and educates nonprofit organizations serving young people. 36 36 26 331 0 5654342 7733860 68100 33560 -4497 -1185 -2612 -1497 5715333 7764738 1562044 2255696 0 0 1349515 1745260 7800 0 1166997 2907162 3581070 5826521 7582026 -111188 182712 3221802 3821768 398078 788789 2823724 3032979 X To improve the lives of youth through a unique venture philanthropy model that empowers, develops, and educates nonprofit organizations serving young people. Since our founding as a 501(c)(3) in 1995, weve taken a holistic approach to address the many different needs of nonprofits, from improving fundraising practices and building boards, to funding critical elements of infrastructure. Youth INC has also developed a cutting-edge Metrics Program that helps organizations improve their programs to drive the socio-emotional learning (SEL) outcomes of the youth they serve. This leads to increased academic success and reduced risky behaviors, which means thriving youth! Currently, we partner with more than 60 youth-serving nonprofits that serve over 300,000 kids each year. true false 2173856 1328262 THE CELEBRATION PROGRAM ENABLES PARTICIPATING NONPROFITS TO INCREASE THEIR DONOR BASES, RAISE UNRESTRICTED FUNDS, AND LEARN HOW TO BETTER MARKET THEIR ORGANIZATIONS. THROUGH MONTHLY WORKSHOPS AND INDIVIDUALIZED COACHING, YOUTH INC EMPOWERS YOUTH ORGANIZATIONS TO DEVELOP AND IMPLEMENT A SUCCESSFUL FUNDRAISING CAMPAIGN. THE YEARLONG PROGRAM CULMINATES IN A COLLABORATIVE FUNDRAISING EVENT PRODUCED AND PAID FOR BY YOUTH INC IN 2015, PARTNER NONPROFITS RAISED OVER $1,281,350 AND IMPACTED THE LIVES OF MORE THAN 400,000 YOUTH. 1195826 648390 RBC Race for the Kids is a new program begun in 2015 and supported by Royal Bank of Canada. The program serves as a vehicle for individuals to raise funds for 7 youth-serving nonprofit organizations, including Youth, INC as the lead charity partner. 408567 250000 BRIDEGFUND (FORMERLY KNOWN AS FUND OF FUNDS) PROVIDES CAPACITY-BUILDING GRANTS TO PARTNER NONPROFITS. APPLICANTS ARE RANKED ACCORDING TO THE YOUTH INC SCORECARD THAT ASSESSES ORGANIZATIONAL STRENGTH, FINANCIAL STABILITY, AND PROGRAM EFFICACY. THE TOP-PERFORMING ORGANIZATIONS ARE INTERVIEWED BY THE BOARD'S GRANTS COMMITTEE, WHICH DECIDES ON THE RECIPIENTS AND GRANT AMOUNTS. IN 2015, SIX ORGANIZATIONS WERE AWARDED GRANTS RANGING FROM $30,000 TO $60,000 AND TOTALING $250,000. 1892597 29044 33560 OTHER ALL PROGRAMS 1892597 29044 33560 5670846 true true false false false false false false false false true false false false false true true false false false false false false false true false false true false true false false false false false false false true true false false false false false false false false true 28 0 true 26 true false false false false false true true false false false false X 36 36 false true false false false false false true true false false true true true true true true true false false CT DE DC NJ NY X X YOUTH INC 2124014039 535 EIGHTH AVENUE SUITE 1400 NEW YORK NY 10018 X Richard Paul Schifter Co-Chairman 2.0 0.0 X X 0 0 0 John E Waldron Co-Chairman (eff 2/2015) 2.0 0.0 X X 0 0 0 Jonathan Geoffrey Weiss Co-Chairman (thru 2/2015) 2.0 0.0 X X 0 0 0 Kathleen McCabe Co-President (eff 2/2015) 2.0 0.0 X X 0 0 0 Wray Thompson Thorn IV Co-President 2.0 0.0 X X 0 0 0 Evan Wildstein Co-Vice President 2.0 0.0 X X 0 0 0 John Tracy Connor Co-Vice President 2.0 0.0 X X 0 0 0 Ronald E Blaylock Co-Vice President 2.0 0.0 X X 0 0 0 Geoffrey W Levin Secretary 2.0 0.0 X X 0 0 0 Dean Frank Stumvoll Treasurer 2.0 0.0 X X 0 0 0 Catherine Heldegard Ambrose Director (eff 7/2015) 1.0 0.0 X 0 0 0 Stuart Aronson Director 1.0 0.0 X 0 0 0 Paul J Aversano Director 1.0 0.0 X 0 0 0 Kristin M Kohler Burrows Director (eff 2/2015) 1.0 0.0 X 0 0 0 Anthony M Civale Director 1.0 0.0 X 0 0 0 Sanford Cockrell III Director 1.0 0.0 X 0 0 0 Paige A Costigan DeFusco Director (eff 7/2015) 1.0 0.0 X 0 0 0 Daniel Daviau Director (thru 2/2015) 1.0 0.0 X 0 0 0 William Q Derrough Director 1.0 0.0 X 0 0 0 Daniel Shields Evans Director (eff 7/2015) 1.0 0.0 X 0 0 0 Robert Houck Director 1.0 0.0 X 0 0 0 Douglas M Kaden Director 1.0 0.0 X 0 0 0 Emmett McCann Director 1.0 0.0 X 0 0 0 Robert H McCooey Jr Director 1.0 0.0 X 0 0 0 Chymeka Olfonse Director (thru 7/2015) 1.0 0.0 X 0 0 0 Dhananjay M Pai Director 1.0 0.0 X 0 0 0 Mark G Pedretti Director 1.0 0.0 X 0 0 0 Daniel Pine Director 1.0 0.0 X 0 0 0 Stancel Riley Director 1.0 0.0 X 0 0 0 Amy Rosenberg Director 1.0 0.0 X 0 0 0 Rachel L Rosenblatt Director 1.0 0.0 X 0 0 0 Karen Simon Director 1.0 0.0 X 0 0 0 George P Stamas Director (thru 7/2015) 1.0 0.0 X 0 0 0 Matthew Ross Stopnik Director (eff 7/2015) 1.0 0.0 X 0 0 0 David Tayeh Director 1.0 0.0 X 0 0 0 John L Thomson Director (thru 2/2015) 1.0 0.0 X 0 0 0 Karen Beldy Torborg Director 1.0 0.0 X 0 0 0 Laura L Torrado-Malley Director (eff 2/2015) 1.0 0.0 X 0 0 0 Timothy Vincent Director (thru 2/2015) 1.0 0.0 X 0 0 0 Mark D Whaling Director (eff 2/2015) 1.0 0.0 X 0 0 0 Harry J Wilson Director 1.0 0.0 X 0 0 0 Larry E Zimmerman Director 1.0 0.0 X 0 0 0 Rehana S Farrell Executive Director(eff 1/2015) 40.0 0.0 X 292800 0 8487 Ariel Ingber Director of Advancement 32.0 0.0 X 115363 0 3461 Katrina Huffman Director of Programs & People 40.0 0.0 X 110279 0 20736 William Kelly DIRECTOR 40.0 0.0 X 107195 0 11957 625637 0 44641 4 false true false ORR ASSOCIATES INC 2801 M Street NW WASHINGTON DC 20007 MANAGEMENT SERVICES 1137365 WASSERMAN MEDIA GROUP 10960 WILSHIRE BLVD STE 2200 LOS ANGELES CA 90024 EVENT MANAGEMENT 439837 NETWORK 575 8TH AVENUE 10TH FLOOR NEW YORK NY 10018 COMPUTER SERVICES 112919 3 1800 56840 7675220 55880 7733860 STATE OF THE MARKET CONFERENCE 900099 33560 33560 33560 296 296 0 0 0 0 0 31019 32500 -1481 -1481 -1481 44030 56840 45527 -1497 -1497 0 0 0 7764738 33560 -2682 2255696 2255696 0 0 0 404584 251894 34228 118462 0 1081022 673074 91435 316513 32389 20166 2740 9483 124555 77550 10536 36469 102710 63949 8688 30073 1137364 602320 273743 261301 0 71372 41396 29976 0 0 0 618432 427691 103425 87316 12070 6143 2693 3234 174867 74563 81801 18503 94857 73010 8729 13118 0 220417 135872 20650 63895 103188 42299 25489 35400 0 0 0 0 12543 2345 9823 375 8219 8219 EVENT PRODUCTION COSTS 1076954 901722 10921 164311 STAFF DEVELOPMENT 41579 19660 13507 8412 BOOKS,SUBSCRIPTIONS,REFERENCES 3229 1788 1340 101 LICENSE AND REGISTRATION FEES 1924 1924 4055 -292 4316 31 7582026 5670846 744183 1166997 X 419361 268137 53088 98136 0 0 2501855 3010312 657812 730568 0 0 0 0 0 0 0 0 435 2705 4500 17386 172903 142106 27200 30797 0 0 0 0 0 0 0 0 30000 30000 3221802 3821768 398078 788789 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 398078 788789 X 2510386 2832768 313338 200211 0 0 2823724 3032979 3221802 3821768 X 182712 26543 X false true X true false X 5005364 4389106 4670658 5654342 7733860 27453330 0 0 5005364 4389106 4670658 5654342 7733860 27453330 6309248 21144082 1623 1659 344 258 296 4180 0 0 27457510 177560 0.77007 0.80204 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 172903 142106 30797 30797 0 0 X 8251433 457905 28790 486695 7764738 7764738 8042178 457905 2247 460152 7582026 7582026 PART X, LINE 2 - FIN 48 FOOTNOTE - LIABILITY FOR UNCERTAIN TAX POSITIONS: Accounting principles generally accepted in the United States of America require management to evaluate income tax positions taken and recognize an income tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the income tax positions taken by the Organization and concluded that as of December 31, 2015 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. PART XI,LINE 2D- REVENUES INCLUDED ON FINANCIAL STATEMENTS, NOT FORM 990: $ 43,790 SPECIAL EVENT EXPENSES $(90,000) LOSS ON UNCOLLECTIBLE PLEDGES $ 75,000 RECOVERY OF PREVIOUS GRANT PAYMENT -------- $ 28,790 ======== PART XII,LINE 2D- EXPENSES INCLUDED ON FINANCIAL STATEMENTS, NOT FORM 990: $ 43,790 SPECIAL EVENT EXPENSES $(41,543) BAD DEBT ALLOWANCE -------- $ 2,247 ======== AUCTION 100870 56840 44030 45527 0 100870 56840 44030 45527 45527 -1497 PART II, LINE 9 - OTHER DIRECT EXPENSES - RECEPTION: OTHER DIRECT EXPENSES INCLUDE VENUE AND CATERING EXPENSES FOR RECEPTION, AS PER CONTRACT WITH PARTY PROVIDING SPACE AND CATERING, NO SEPARATION OF CHARGES IS SUPPLIED. true ARTS TO GROW 289 Monmouth Street JERSEY CITY NJ 07302 223914508 501(C)(3) 13460 SEE PART IV BEHIND THE BOOK INC 216 West 135th Street NEW YORK NY 10030 320086097 501(C)(3) 67573 SEE PART IV BIG BROTHERS BIG SISTERS NY 40 Rector Street NEW YORK NY 10006 135600383 501(C)(3) 111974 SEE PART IV CORNELIA CONNELLY CENTER 220 East 4th Street NEW YORK NY 10009 133735244 501(C)(3) 15635 SEE PART IV DANCING CLASSROOMS 25 West 31st Street NEW YORK NY 10001 222542960 501(C)(3) 145576 SEE PART IV FIVER CHILDREN'S FOUNDATION INC 519 8th Ave 24 NEW YORK NY 10018 133993633 501(C)(3) 26882 SEE PART IV FRESH YOUTH INITIATIVES 505 West 171 Street NEW YORK NY 10032 133723207 501(C)(3) 105489 SEE PART IV FUTURES AND OPTIONS INC 120 Broadway Suite 913 NEW YORK NY 10271 134063658 501(C)(3) 30000 SEE PART IV GALLOPNYC 540 President Street BROOKLYN NY 11215 050615968 501(C)(3) 128456 SEE PART IV GIRLS FOR GENDER EQUITY 30 3rd Avenue BROOKLYN NY 11217 043697166 501(C)(3) 30616 SEE PART IV GIRLS WRITE NOW 247 West 37 Street NEW YORK NY 10018 542115054 501(C)(3) 60000 SEE PART IV GLOBAL POTENTIAL 39 Eldridge Street NEW YORK NY 10002 208679614 501(C)(3) 76283 SEE PART IV HANDS IN 4 YOUTH 256 Macopin Rd West WEST MILFORD NJ 07480 135641852 501(C)(3) 269168 SEE PART IV HARLEM RBI 333 E 100th Street NEW YORK NY 10029 134025290 501(C)(3) 46193 SEE PART IV HOUR CHILDREN INC 13-07 37th Ave LONG ISLAND CITY NY 11101 133647412 501(C)(3) 30000 SEE PART IV KIDS CREATIVE 404 INC 71 Fifth Avenue NEW YORK NY 10003 753139502 501(C)(3) 42996 SEE PART IV MEMORIAL SLOAN-KETTERING CANCER 1275 York Avenue NEW YORK NY 10065 912154267 501(C)(3) 216525 SEE PART IV MOUSE INC 50 West 23rd Street NEW YORK NY 10010 133973196 501(C)(3) 65100 SEE PART IV MOVE THIS WORLD INC 424 Broadway NEW YORK NY 10013 273175002 501(C)(3) 73776 SEE PART IV PARRIS FOUNDATION INC 414 West 145th Street NEW YORK NY 10031 271408011 501(C)(3) 274178 SEE PART IV PLAY RUGBY USA 6390 9th Avenue NEW YORK NY 10036 200029252 501(C)(3) 60787 SEE PART IV RONALD MCDONALD HOUSE OF NY INC 405 E 73rd Street NEW YORK NY 10021 132933654 501(C)(3) 106752 SEE PART IV ROW NEW YORK 10-27 46th Ave LONG ISLAND CITY NY 11101 113632924 501(C)(3) 60000 SEE PART IV THE OPPORTUNITY NETWORK 85 Broad Street NEW YORK NY 10004 431984494 501(C)(3) 46193 SEE PART IV THE TEAK FELLOWSHIP 16 West 22nd Street NEW YORK NY 10010 134011465 501(C)(3) 46193 SEE PART IV YOU GOTTA BELIEVE 3114 Mermaid Avenue BROOKLYN NY 11224 113272603 501(C)(3) 102137 SEE PART IV 26 PART I, LINE 2 - Grants and other assistance monitoring procedures: IN THE CELEBRATION PROGRAM, EACH PARTICIPATING ORGANIZATION RAISES UNRESTRICTED FUNDS AND SPENDS THE FUNDS AS NEEDED. YOUTH INC DOES NOT MONITOR THE DECISION-MAKING PROCESS. FOR THE BRIDGEFUND PROGRAM, YOUTH INC DOES MONITOR THE GRANTS. AT THE BEGINNING OF THE GRANT CYCLE, TWO YOUTH INC BOARD MEMBERS AND ONE STAFF PERSON MEET WITH THE GRANTEE TO DETERMINE OUTCOMES FOR THE GRANT. THEN, AT SIX AND TWELVE MONTHS, THE GROUP MEETS AGAIN TO REVIEW THE ACTUAL PROGRESS AGAINST THE PROJECTED GOALS AND DISCUSS ANY DISCREPANCIES. THE MONITORING PROCESS IS DESIGNED TO HELP THE GRANTEE THINK STRATEGICALLY AND ACHIEVE THE DESIRED RESULTS WITH THE GRANT. PART II, COLUMN 1(H) - PURPOSE OF GRANT OR ASSISTANCE: To support Celebration nonprofit partners with development and expansion of fundraising and management capacities. X X X X false false false false false false false false false Rehana S Farrell Executive Director(eff 1/2015) 292500 0 300 8487 0 0 0 301287 0 0 0 ORR ASSOCIATES INC SEE PART V 1463735 MGT FEES, RENT, COMM. SERVICES false PART IV, COLUMN (B) - RELATIONSHIP BETWEEN INTERESTED PERSON & ORG: The Organization entered into various management services agreements with Orr Associates, Inc. (OAI) and with Stephen K. Orr, the co-owner of OAI, the founder of the Organization, and a member of the Board of Directors of the Organization in 2014 and prior years. Under terms of the agreements, performed management duties on behalf of YOUTH INC by providing nonprofit management functions including but not limited to board management; event management; finance, budgeting, reporting and analysis; human resources and personnel management; information technology support; major gifts counsel; and regulatory/legal administration. Stephen K. Orr was compensated directly by YOUTH INC under contract with ORR Associates. YOUTH INC paid Mr. Orr $81,875 for services provided in 2015 and YOUTH INC paid ORR Associates $1,137,365 for services provided in 2015. OAI is 100% owned by Stephen K. Orr and his family. Contracts and agreements with OAI were reviewed and approved by officers and directors unaffiliated with OAI. For the year ended December 31, 2015, the Organization incurred fees in connection with OAI and Stephen K. Orr totaling $1,219,240. The Organization leased facilities in 2015 under an agreement with OAI. For the year ended December 31, 2015, the Organization incurred rent expenses in connection with OAI totaling $218,227. Under the terms of the management services and rental agreements, the Organization reimbursed OAI for reimbursable expenses. FY 2015 ------- Direct S.K. Orr Management Services Fees $ 81,875 Indirect Fees Allocable to Executive Director Management Services $ 261,555 All Other Orr Associates Management Services Fees $ 875,810 ---------- Total OAI + S.K. Orr Management Services Agreement Fees $1,219,240 600 Lexington Avenue Rent $ 218,227 ---------- TOTAL OAI Fees + S.K. Orr Fees + Rent $1,437,466 ========== Reimbursed Supplies, Telecomm, IT, Postage, Printing, Travel, etc. $ 108,144 OAI Fees + Rent + Reimbursed Expenses Excluding S.K. Orr Fees $1,463,735 Form 1099 and Form 990 Reportable S.K. Orr Fees $ 81,875 Under the terms of the management services executed January 1, 2016 and under the existing rental agreement, the Organization will pay OAI $250,000 for management fees and $106,510 for rent in FY 2016. X 3 32500 market quote X gift cards and certificates 10 1718 donor value X travel expenses 5 4518 donor value X sporting event tickets 6 2250 donor value X clothing, accessories 7 3927 donor value X autographed sports memorabilia 5 1260 donor value X tv/radio/theatre show tickets 2 340 donor value X miscellaneous 28 9367 donor value false false false PART III, LINE 4D - OTHER PROGRAM SERVICES: Additional Programs for Partner Nonprofits ------------------------------------------- Youth, INCs Metrics program will help organizations not only quantify their program measures, but find sophisticated ways to qualify their impact. Each program cohort will focus on a particular field of service (the programs first cohort will focus on outdoor education organizations). Together, these partners will develop shared evaluation tools and engage in collaborative discussion. The program is a combination of in-person workshops, one-on-one coaching, technical assistance, and peer learning designed to build their evaluative capacity. Staff and executive leadership will receive training on best practices in program evaluation, including the collection and analysis of program data. Together with top evaluation consultants, partners will develop and disseminate a shared survey tool, capture feedback, and make meaning of the data. The findings of the evaluation are intended to inform program design and planning. Key management staff will be armed with the metrics needed to make informed programmatic decisions and ensure the delivery of high quality programs. With clear and quantifiable metrics at hand, partners will also have the ability to communicate their impact to varied stakeholders, engage funders, and ultimately build financial sustainability and growth. "Trading day for Kids" engage over 130 hedge fund firms in the nonprofit sector. Communications highlighted what nonprofits are doing to fill the void in programs and services for economically disadvantaged youth and how Youth INC helps these organizations achieve long term sustainability. Sponsoring brokerage firm Canaccord Genuity also participated in a youth mentoring day. As a result of the outreach, education, and volunteer opportunities, YOUTH INC raised $600,000 during the "Trading day for Kids" on October 20, 2015. These funds, in turn, enable YOUTH INC to provide all its programs free of charge to the nonprofit sector. RBC Trade for the Kids, a one-day charity event hosted by RBC Capital Markets and benefitting Youth INC, is a new program in 2015. 100% of net commissions on RBC US equities were donated to Youth, INC on June 11, 2015, resulting in $984,000 benefitting over 150,000 kids served by Youth, INC partner nonprofits. Youth INCs annual State of the Market conference is a signature fundraising event that offers financial leaders a forum to address the most pressing issues facing Wall Street, while raising critical funds for Youth, INC through event sponsorships. All proceeds from the conference go directly to fund Youth INCs operating budget. In 2015, State of the Market conference raised over $600,000 for Youth, INC. Programs for corporations: the Corporate Philanthropy Partnership program (formerly called Strategic Alliance Partnership program) cultivates relationships with corporations for the purpose of providing executives opportunities to give back to the community through nonprofit board service. Youth, INC provides training sessions on the basics of nonprofit board governance and access to becoming a board member of a partner nonprofit. Developing leaders through nonprofit board service seminars are offered throughout the year to better equip and prepare corporate executives who want to serve on nonprofit boards. By becoming a board member and utilizing their relevant skills, these individuals are able to give back to the community and further develop their leadership skills. The Board Advancement Program expands the capacity and effectiveness of our partner nonprofits boards through formal board assessment, a facilitated board retreat, a customized implementation plan, monthly coaching calls and board placements from the corporate sector. PART VI, LINE 1A - EXECUTIVE COMMITTEE: PER YOUTH INC BYLAWS, THE BOARD HAS DELEGATED CERTAIN OF ITS AUTHORITY AND RESPONSIBILITY TO ITS EXECUTIVE COMMITTEE. THE YOUTH INC EXECUTIVE COMMITTEE IS COMPRISED OF THE ORGANIZATION'S OFFICERS LISTED BELOW: CHAIR/CO-CHAIRS PRESIDENT/CO-PRESIDENTS VICE PRESIDENT/CO-VICE PRESIDENTS TREASURER SECRETARY EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE IS PRIMARILY RESPONSIBLE FOR BUDGET REVIEW AND APPROVAL, FOR STAFF COMPENSATION ISSUES AND FOR VENDOR NEGOTIATIONS THAT MIGHT INVOLVE CONFLICTS OF INTEREST. THE EXECUTIVE COMMITTEE MET ON AN AD HOC BASIS AS NEEDED. PART VI, SECTION A, LINE 3-USE OF MANAGEMENT COMPANY FOR DELEGATED DUTIES: ORR ASSOCIATES, INC. PERFORMED MANAGEMENT DUTIES ON BEHALF OF YOUTH INC BY PROVIDING NONPROFIT MANAGEMENT FUNCTIONS INCLUDING BUT NOT LIMITED TO BOARD MANAGEMENT; EVENT MANAGEMENT; FINANCE, BUDGETING, REPORTING AND ANALYSIS; HUMAN RESOURCES AND PERSONNEL MANAGEMENT; INFORMATION TECHNOLOGY SUPPORT; MAJOR GIFTS COUNSEL; AND REGULATORY/LEGAL ADMINISTRATION. STEPHEN K. ORR WAS COMPENSATED DIRECTLY BY YOUTH INC UNDER CONTRACT WITH ORR ASSOCIATES. YOUTH, I.N.C. PAID MR. ORR $81,875 FOR SERVICES PROVIDED IN 2015 AND YOUTH INC PAID ORR ASSOCIATES $1,137,365 FOR SERVICES PROVIDED IN 2015. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: TO COMPLY WITH BEST PRACTICES REGARDING FORM 990 PREPARATION AND SUBMISSION, YOUTH INC USES THE FOLLOWING PROCEDURES: 1. PREPARATION OF FORM 990 BY AN INDEPENDENT CPA FIRM. 2. INTERNAL STAFF REVIEW AND CORRECTIONS OF DRAFT 990 PREPARED BY AN INDEPENDENT CPA FIRM. 3. AUDIT COMMITTEE REVIEW AND APPROVAL: * FORM 990 SENT VIA EMAIL. * AUDIT COMMITTEE CONFERENCE CALL FOR FORM 990 QUESTIONS AND ANSWERS REVIEW. * AUDIT COMMITTEE APPROVAL. 4. EXECUTIVE COMMITTEE REVIEW AND APPROVAL: * FORM 990 AND COVER EMAIL DESCRIBING PROCESS AND AUDIT COMMITTEE APPROVAL SENT TO EXECUTIVE COMMITTEE. * EXECUTIVE COMMITTEE CONFERENCE CALL FOR FORM 990 QUESTIONS AND ANSWERS REVIEW. * EXECUTIVE COMMITTEE REVIEW AND APPROVAL. 5. FORM 990 AND COVER EMAIL DESCRIBING PROCESS AND AUDIT AND EXECUTIVE COMMITTEE APPROVALS SENT TO BOARD. 6. SIGNATURE BY YOUTH INC EXECUTIVE DIRECTOR. 7. SUBMISSION OF FORM 990 TO IRS BY DEADLINE. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST: THE YOUTH INC CONFLICT OF INTEREST (COI) POLICY REQUIRES YOUTH INC OFFICERS, DIRECTORS AND KEY EMPLOYEES TO FILE ANNUAL CONFLICT OF INTEREST REPORTS WITH THE ORGANIZATION. YOUTH INC USES THE FOLLOWING PROCESS TO GATHER, REVIEW AND RESOLVE CONFLICT OF INTEREST REPORTS. 1. YOUTH INC STAFF SEND CONFLICT OF INTEREST FORMS TO EACH OFFICER, DIRECTOR AND KEY EMPLOYEE EACH FISCAL YEAR. 2. YOUTH INC STAFF GATHER ALL CONFLICT OF INTEREST REPORTS, REVIEW THE REPORT AND WRITE A CONFLICT OF INTEREST MEMO THAT: A. STATES THE NUMBER OF COI REPORTS THAT IDENTIFY "NO" CONFLICT OF INTEREST. B. SUMMARIZES ANY OUTSTANDING OR MISSING COI REPORTS. C. SUMMARIZES THE COI REPORTS THAT IDENTIFY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. I. PROVIDES IN-DEPTH INFORMATION REGARDING THE ACTUAL CONFLICTS OF INTERESTS. II. PROVIDES PRELIMINARY RECOMMENDATION FOR RESOLUTION REGARDING THE POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. 3. YOUTH INC STAFF SENDS THE COI MEMO AND COPIES OF REPORTS WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST TO AUDIT COMMITTEE. 4. AUDIT COMMITTEE REVIEWS THE COI MEMO AND POTENTIAL OR ACTUAL CONFLICTS OF INTEREST REPORTS AND STAFF RECOMMENDATION FOR RESOLUTION AND THEN DETERMINES THE APPROPRIATE COURSE OF ACTION UNDER THE GUIDELINES OF YOUTH INC CONFLICT OF INTEREST POLICY. 5. AUDIT COMMITTEE REPORTS ITS COI COURSES OF ACTION TO INTERESTED PARTIES. 6. AUDIT COMMITTEE REPORTS ON STATUS OF CONFLICT OF INTEREST REPORTS AND ITS COURSE OF ACTION TO THE DIRECTORS OF YOUTH INC AT SUBSEQUENT BOARD MEETING. PART VI, SECTION B, LINE 15A - COMPENSATION POLICY: THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE YOUTH INC EXECUTIVE COMMITTEE; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. 1. REVIEW AND APPROVAL: THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE YOUTH INC EXECUTIVE COMMITTEE. ANY MEMBER OF THE EXECUTIVE COMMITTEE THAT HAS A FAMILY OR BUSINESS RELATIONSHIP WITH THE EXECUTIVE DIRECTOR THAT IS DEEMED A CONFLICT OF INTEREST WILL BE EXCUSED FROM THE COMPENSATION APPROVAL PROCESS. 2. USE OF DATA AS TO COMPARABLE COMPENSATION: THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS EVALUATED, REVIEWED AND APPROVED USING COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING: THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. THE REVIEW PROCESS IS CONDUCTED ANNUALLY. PART VI, SECTION C, LINES 18 & 19-AVAILABILITY OF ORG. DOCUMENTS AND F/S: YOUTH INC MAKES ITS PRIVACY POLICY, FORM 990 AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE YOUTH INC WEBSITE. WWW.YOUTHINC-USA.ORG YOUTH INC MAKES ITS FORM 1023 AND ITS CONFLICTS OF INTEREST POLICY AVAILABLE, UPON REQUEST, TO THE PUBLIC. YOUTH INC DOES NOT CHARGE THE PUBLIC FOR THESE DOCUMENTS AND PROVIDES SUCH DOCUMENTS TO THE PUBLIC VIA A SCANNED COPY SENT VIA EMAIL. YOUTH INC DOES NOT MAKE AVAILABLE ITS GOVERNING DOCUMENTS TO THE GENERAL PUBLIC. PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES: $ 75,000 RETURN OF PRIOR YEAR GRANT PAYMENT $ (48,457) ALLOWANCE FOR DOUBTFUL ACCOUNTS --------- $ 26,543 TOTAL OTHER CHANGES IN NET ASSETS OR FUND BALANCES ========= PART III, LINE 2 - NEW PROGRAM SERVICES: YOUTH INC AND ROYAL BANK OF CANADA ("RBC") PARTNERED IN 2015 WITH TWO ACTIVITIES FOCUSED ON HELPING NYC YOUTH; RBC TRADE FOR KIDS AND RBC RACE FOR THE KIDS, WHOSE DETAILS CAN BE FOUND IN PART III, LINE 4B AND SCHEDULE O, PAGE 49.