YMA FASHION SCHOLARSHIP FUND: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
YMA FASHION SCHOLARSHIP FUND (EIN 20-8513748)
Tax period
2012-08-01 to 2013-07-31
Filed
2014-06-16
IRS object ID
201441679349301209
Schema version
2012v2.3
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)
Timestamp2014-06-16T15:21:58-05:00Timestamp
Tax Period End Date2013-07-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 PARK AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100175001ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-08-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN208513748EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1YMA FASHION SCHOLARSHIP FUNDBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% DOUGLAS C EVANSInCareOfName
Name ControlYMAFNameControl
Phone2122780008Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11501 BROADWAYAddressLine1
Address Line2Suite 1810AddressLine2
CityNEW YORKCity
StateNYState
ZIP Code10036ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDouglas EvansName
TitleSECRETARY, EXECUTIVE DIRECTORTitle
Phone2122780008Phone
Date Signed2014-06-16DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePaul HammerschmidtName
Phone2128858000Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Name Of Principal Officer PersonDOUGLAS C EVANSNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11501 BROADWAY SUITE 1810AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10036ZIPCode
FieldValueIRS element (for citing)
Gross Receipts2006098GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.YMAFASHIONSCHOLARSHIPFUND.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2006YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO PROMOTE EDUCATION OF THE FASHION ARTS AND BUSINESS BY GRANTING SCHOLARSHIPS TO TALENTED STUDENTS AND FACILITATING INTERNSHIPS, MENTORSHIPS AND CAREER PROGRAMS.ActivityOrMissionDescription
Nbr Voting Members Governing Body35NbrVotingMembersGoverningBody
Nbr Independent Voting Members34NbrIndependentVotingMembers
Total Nbr Employees2TotalNbrEmployees
Total Nbr Volunteers34TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year928581ContributionsGrantsPriorYear
Contributions Grants Current Year1588890ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year81066InvestmentIncomePriorYear
Investment Income Current Year61183InvestmentIncomeCurrentYear
Other Revenue Prior Year-112288OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year897359TotalRevenuePriorYear
Total Revenue Current Year1650073TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year795000GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY820000GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year193107SalariesEtcPriorYear
Salaries Etc Current Year212644SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year48035TotalFundrsngExpCurrentYear
Other Expense Prior Year363327OtherExpensePriorYear
Other Expenses Current Year333875OtherExpensesCurrentYear
Total Expenses Prior Year1351434TotalExpensesPriorYear
Total Expenses Current Year1366519TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-454075RevenuesLessExpensesPriorYear
Revenues Less Expenses CY283554RevenuesLessExpensesCY
Total Assets BOY3074526TotalAssetsBOY
Total Assets EOY3432584TotalAssetsEOY
Total Liabilities BOY15159TotalLiabilitiesBOY
Total Liabilities EOY26924TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY3059367NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY3405660NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE ORGANIZATION IS A NATIONAL NON-PROFIT ASSOCIATION MADE UP OF INFLUENTIAL MEMBERS OF THE FASHION COMMUNITY THAT IS DEDICATED TO PROMOTE EDUCATION OF THE FASHION ARTS AND BUSINESS BY GRANTING SCHOLARSHIPS TO TALENTED STUDENTS AND FACILITATING INTERNSHIPS, MENTORSHIPS AND CAREER PROGRAMS.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1156509Expense
Grants820000Grants
Revenue0Revenue
DescriptionTO PROVIDE SCHOLARSHIPS FOR HIGHER EDUCATION IN THE TEXTILE AND APPAREL INDUSTRIES.Description
Total Program Service Expense1156509TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10969NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees2NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members35NbrVotingGoverningBodyMembers
Number Independent Voting Members34NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonsfalseAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonDOUGLAS C EVANSNamePerson
Telephone Number2122780008TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11501 BROADWAY STE 1810AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10036ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (35 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
ROBERT HARRY HARRISON
EXECUTIVE DIRECTOR40.0XX13375000
JAMES ROSENFELD
PRESIDENT2.0XX000
KEN DUANE
CHAIRMAN2.0XX000
KENNETH WYSE
CHAIRMAN2.0XX000
DEBRA MALBIN
SCHOLARSHIP CHAIR2.0XX000
PAUL ROSENGARD
CHARIMAN EMERITUS2.0XX000
PETER SACHSE
ENDOWMENT - ALUMNI CHAIR2.0XX000
MICHAEL SETOLA
TREASURER2.0XX000
BOB CAPLAN
BOARD MEMBER2.0X000
JUNE DEFABIO
BOARD MEMBER2.0X000
ABBEY DONEGER
BOARD MEMBER2.0X000
HEATH GOLDEN
BOARD MEMBER2.0X000
MORT GORDON
BOARD MEMBER2.0X000
ERIC HERTZ
BOARD MEMBER2.0X000
TOM HUTTON
BOARD MEMBER2.0X000
DOUG JAKUBOWSKI
BOARD MEMBER2.0X000
JOHN JOHNSON
BOARD MEMBER2.0X000
DAVID KATZ
BOARD MEMBER2.0X000
COLLEN KELLY
BOARD MEMBER2.0X000
VIRGINIA MAINIERO
BOARD MEMBER2.0X000
JEFF MANBY
BOARD MEMBER2.0X000
LEIGH MCCARTY
BOARD MEMBER2.0X000
MARC MASTRONARDI
BOARD MEMBER2.0X000
KAREN MURRAY
BOARD MEMBER2.0X000
STUART NIFOUSSI
BOARD MEMBER2.0X000
KEVIN ROSENBLOOM
BOARD MEMBER2.0X000
SHERI ROSENFELD
BOARD MEMBER2.0X000
ROBIN SACKIN
BOARD MEMBER2.0X000
WILLIAM SCHENCK
BOARD MEMBER2.0X000
BOB SKINNER
BOARD MEMBER2.0X000
DEAN STADEL
BOARD MEMBER2.0X000
WILLIAM SUSMAN
BOARD MEMBER2.0X000
CHIP THOMPSON
BOARD MEMBER2.0X000
RON VENTRICELLI
BOARD MEMBER2.0X000
ALLAN ZWERNER
BOARD MEMBER2.0X
FieldValueIRS element (for citing)
Total Reportable Comp From Org133750TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Info In Schedule O Part VIIIXInfoInScheduleOPartVIII
Fundraising Events995725FundraisingEvents
All Other Contributions593165AllOtherContributions
Total Contributions1588890TotalContributions
Total Program Service Revenue0TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column61183TotalRevenueColumn
Exclusion$61,183ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Income Fundraising Events356025GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events995725CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses356025FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1650073TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$61,183ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total820000Total
Program Services820000ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total131085Total
Program Services65543ProgramServices
Management And General32771ManagementAndGeneral
Fundraising32771Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total38505Total
Program Services1826ProgramServices
Management And General35623ManagementAndGeneral
Fundraising1056Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total43054Total
Program Services14208ProgramServices
Management And General14638ManagementAndGeneral
Fundraising14208Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total8275Total
Management And General8275ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total19500Total
Management And General19500ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total7600Total
Management And General7600ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total2705Total
Program Services2705ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total125244Total
Program Services125244ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total28374Total
Program Services8713ProgramServices
Management And General19661ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total14094Total
Management And General14094ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total15909Total
Program Services12612ProgramServices
Management And General3297ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total3443Total
Management And General3443ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total2732Total
Management And General2732ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
DISBURSEMENTS FOR SCHOLAR5752657526
CULTIVATION EVENT3497734977
OTHER YMA PROGRAM1238112381
DUES & SUBSCRIPTIONS623288335

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total492Total
Program Services486ProgramServices
Management And General6ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1366519Total
Program Services1156509ProgramServices
Management And General161975ManagementAndGeneral
Fundraising48035Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY119378BOY
EOY244742EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY876532BOY
EOY876533EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY12132BOY
EOY12132EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis61930LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec35232LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY10328BOY
EOY26698EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY2056156BOY
EOY2272479EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY3074526BOY
EOY3432584EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY15159BOY
EOY26924EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY15159BOY
EOY26924EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY2020733BOY
EOY2817026EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY938634BOY
EOY488634EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY100000BOY
EOY100000EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3059367BOY
EOY3405660EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3074526BOY
EOY3432584EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses283554ReconcilationRevenueExpenses
Reconciliation Unrealized Invest62739ReconciliationUnrealizedInvest
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years639529CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years879804CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2219816CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year928581CurrentTaxYearMinus1Year
Current Tax Year1588890CurrentTaxYear
Total6256620Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

FieldValueIRS element (for citing)
Total0Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Total0Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years639529CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years879804CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2219816CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year928581CurrentTaxYearMinus1Year
Current Tax Year1588890CurrentTaxYear
Total6256620Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total597832AmountsSubstContributorsTotal
Public Support Total1705658788PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years48589CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years30578CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years58435CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year80839CurrentTaxYearMinus1Year
Current Tax Year61183CurrentTaxYear
Total279624Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Total0Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-241935CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years-178358CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years-164763CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year-112288CurrentTaxYearMinus1Year
Current Tax Year0CurrentTaxYear
Total-697344Total
FieldValueIRS element (for citing)
Total Support5838900TotalSupport
Public Support Pertcentage1700.96915PublicSupportPertcentage170
Public Support Pertcent Prior Year0.91261PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance1118809BeginningOfYearBalance
Investment Earnings Or Losses23321InvestmentEarningsOrLosses
Administrative Expenses6149AdministrativeExpenses
End Of Year Balance1135981EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance1128119BeginningOfYearBalance
Investment Earnings Or Losses-9310InvestmentEarningsOrLosses
End Of Year Balance1118809EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance1017276BeginningOfYearBalance
Investment Earnings Or Losses110843InvestmentEarningsOrLosses
End Of Year Balance1128119EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance829907BeginningOfYearBalance
Contributions100000Contributions
Investment Earnings Or Losses87369InvestmentEarningsOrLosses
End Of Year Balance1017276EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance929096BeginningOfYearBalance
Investment Earnings Or Losses-99189InvestmentEarningsOrLosses
End Of Year Balance829907EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.91000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.09000PermanentEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis61930OtherCostOrOtherBasis
Depreciation35232Depreciation
Book Value26698BookValue
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildings
Total Of Book Value Land Buildings26698TotalOfBookValueLandBuildings
Federal Income Tax Liability0FederalIncomeTaxLiability
Total Of Amounts0TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt1705212TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments62739NetUnrealizedGainsInvestments
Revenue Not Rptd F99062739RevenueNotRptdF990
Revenue Subtotal1642473RevenueSubtotal
Investment Expenses Not Included7600InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt7600RevenueNotRptdOnFinStmt
Total Revenue Per Form9901650073TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1358919TotExpensesEtcAuditedFinclStmt
Expenses Subtotal1358919ExpensesSubtotal
Investment Expenses Not Included27600InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt7600ExpensesNotRptdOnFinStmt
Total Expenses Per Form9901366519TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierExplanationExplanation
PART V, LINE 4:THE ORGANIZATION'S ENDOWMENT CONSISTS OF A DONOR DESIGNATED FUND AND A BOARD DESIGNATED FUND THAT WAS ESTABLISHED TO PROVIDE A CONTINUOUS INCOME STREAM TO SUPPORT ITS OPERATION.
PART X, LINE 2:MANAGEMENT EVALUATED YMA FASHION SCHOLARSHIP FUND'S (THE "REPORTING ORGANIZATION") TAX POSITIONS AND CONCLUDED THAT THE REPORTING ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE REPORTING ORGANIZATION HAS FILED INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE REPORTING ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010.

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1ANNUAL DINNERNameOfEvent1
Gross Receipts Event11351750GrossReceiptsEvent1
Charitable Contributions Event1995725CharitableContributionsEvent1
Gross Revenue Event1356025GrossRevenueEvent1
Rent Facility Costs Event1247094RentFacilityCostsEvent1
Other Direct Expenses Event1108931OtherDirectExpensesEvent1
Total Number Of Other Events0TotalNumberOfOtherEvents
Gross Receipts Total1351750GrossReceiptsTotal
Charitable Contributions Total995725CharitableContributionsTotal
Gross Revenue Total Events356025GrossRevenueTotalEvents
Rent Facility Costs Total Events247094RentFacilityCostsTotalEvents
Other Direct Expenses Total Events108931OtherDirectExpensesTotalEvents
Direct Expense Summary Events356025DirectExpenseSummaryEvents

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPSTypeOfGrant
Number Of Recipients135NumberOfRecipients
Amount Of Cash Grant820000AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPART I, LINE 2:Identifier
ExplanationTHE SCHOLARSHIP CHECKS ARE WRITTEN DIRECTLY TO THE SCHOOL ON BEHALF OF THE SCHOLARSHIP WON BY THE STUDENT. A LETTER ALSO ACCOMPANIES THE CHECKS TO THE STUDENT, THE EDUCATOR CONTACT AT EACH SCHOOL, AND BURSARS OFFICE NOTIFYING THEM OF HOW MONEY CAN BE USED. IF THERE ARE CASES, WHERE A SCHOOL'S BURSARS OFFICE, FOR WHATEVER REASON CANNOT, OR DOES NOT HAVE A POLICY TO CREDIT THE SCHOLAR AFTER ALL FINANCIAL OBLIGATIONS ARE MET, THE YMA FASHION SCHOLARSHIP FUND WILL ALLOW EXCEPTIONS TO BE MADE, AND WILL WRITE THE CHECK IN THE SCHOLARS NAME, MAILED TO OUR EDUCATOR PARTNER AND DISTRIBUTED AT THEIR DISCRETION.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierExplanationExplanation
FORM 990, PART VI, SECTION A , LINE 2:BOARD MEMBERS JAMES ROSENFELD AND SHERI ROSENFELD ARE HUSBAND AND WIFE.
FORM 990, PART VI, SECTION B, LINE 11B:FORM 990 IS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM, BASED ON THE ORGANIZATION'S AUDIT, AND IS REVIEWED BY THE ORGANIZATION'S TREASURER AND THE FINANCE COMMITTEE PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C:INFORMAL REMINDERS ARE DISCUSSED AT BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 15A:EXECUTIVE DIRECTOR SALARY AND BONUS IS DETERMINED ANNUALLY AFTER A THOROUGH REVIEW PROCESS AGAINST MEASUREABLE GOALS. THE ORGANIZATION SURVEYED LOCAL NYC BASED CHARITIES WITH SIMILAR EXECUTIVE DIRECTOR POSITIONS TO DETERMINE COMPENSATION. THE REVIEW PROCESS IS CONDUCTED BY THE EXECUTIVE COMMITTEE OF THE ORGANIZATION.
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.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1YOUNG MENSWEAR ASSOCIATION INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line131 W 34TH STREET 9TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10001ZIPCode
FieldValueIRS element (for citing)
EIN132915681EIN
Primary ActivitiesEDUCATIONPrimaryActivities
Legal Domicile StateNYLegalDomicileState
Exempt Code Section501(C)(6)ExemptCodeSection
Public Charity StatusN/APublicCharityStatus
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Comments

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