2024-05-15T07:44:52-05:00 2023-06-30 221478099 COHNREZNICK LLP 1 SOUTH WACKER DRIVE SUITE 3550 CHICAGO IL 60606 990 2022-07-01 362734966 YOUTH & OPPORTUNITY UNITED INC YOUT 8478661200 1911 CHURCH STREET EVANSTON IL 60201 HENRY WILKINS PRESIDENT 8478661200 2024-05-14 1 HENRY WILKINS 999009999 1 LORI ROTHE YOKOBOSKY CPA P01273422 3125085900 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CRAIG LYNCH 1911 CHURCH STREET EVANSTON IL 60201 8101861 0 X WWW.YOUTHOPPORTUNITY.ORG X 1971 IL YOUTH & OPPORTUNITY UNITED INC. IN A NOT-FOR-PROFIT, YOUTH DEVELOPMENT AGENCY THAT PROVIDES SERVICES AND LEADERSHIP TO MEET THE EMERGING NEEDS OF YOUNG PEOPLE AND THEIR FAMILIES IN OUR COMMUNITY. Y.O.U.'S GOAL 22 22 105 26 0 0 2985542 3171968 28553 0 160858 580118 57648 -12845 3232601 3739241 65611 91317 0 0 2818946 3303378 0 0 376936 1020112 1076097 3904669 4470792 -672068 -731551 12497971 11641635 203980 337157 12293991 11304478 X YOUTH & OPPORTUNITY UNITED, INC. IS A NOT-FOR-PROFIT, YOUTH DEVELOPMENT AGENCY THAT PROVIDES SERVICES AND LEADERSHIP TO MEET THE EMERGING NEEDS OF YOUNG PEOPLE AND THEIR FAMILIES IN OUR COMMUNITY. Y.O.U. PROGRAMS ARE TRAUMA-INFORMED, RELATIONSHIP-BASED, AND OFFER INNOVATIVE AND ACCESSIBLE SUPPORTS FOR YOUTH. Y.O.U. STRIVES FOR ALL YOUNG PEOPLE TO HAVE THE RESOURCES, OPPORTUNITY, SKILLS, AND SELF-CONFIDENCE TO PARTICIPATE FULLY IN THEIR COMMUNITY. 0 0 3199816 91317 14173 Y.O.U. PROVIDES A HOLISTIC SET OF SERVICES - INCLUDING ENRICHMENT, SUMMER LEARNING, PARENTAL ENGAGEMENT, CLINICAL COUNSELING, AND STREET OUTREACH - TO REALIZE THE FULL POTENTIAL OF EVERY YOUNG PERSON. Y.O.U. PARTNERS WITH FAMILIES, SCHOOLS, AND THE COMMUNITY TO PROVIDE ACADEMIC, SOCIAL-EMOTIONAL, AND ENRICHMENT SUPPORT TO CLOSE THE OPPORTUNITY GAP AND PREPARE ALL YOUTH FOR POST-SECONDARY AND LIFE SUCCESS. 3199816 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 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 1 45 0 1 105 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MARTIN MAXWELL 8478661200 1911 CHURCH STREET EVANSTON IL 60201 ABIGAIL BUTKUS BOARD OF DIRECTORS 1.00 X 0 0 0 ADELE MARTEL BOARD OF DIRECTORS 1.00 X 0 0 0 AIISYA WILLIAMSON BOARD OF DIRECTORS 1.00 X 0 0 0 ALLIE PAYNE BOARD OF DIRECTORS 1.00 X 0 0 0 BARBARA SHWOM BOARD OF DIRECTORS 1.00 X 0 0 0 CLARENCE WEAVER BOARD OF DIRECTORS 1.00 X 0 0 0 DAVID HILL BOARD OF DIRECTORS 1.00 X 0 0 0 DAWN SAMARIS BOARD OF DIRECTORS 1.00 X 0 0 0 DIANA SHEEHAN BOARD OF DIRECTORS 1.00 X 0 0 0 GREG CALLOWAY BOARD OF DIRECTORS 1.00 X 0 0 0 HENRY WILKINS BOARD OF DIRECTORS 1.00 X 0 0 0 JIM BLAKE TREASURER 1.00 X X 0 0 0 KARIN RUETZEL SECRETARY 1.00 X 0 0 0 KEVIN MACK BOARD OF DIRECTORS 1.00 X 0 0 0 LAURA MIN-PROCTOR BOARD OF DIRECTORS 1.00 X 0 0 0 LETITIA MANN CHAIR 1.00 X X 0 0 0 LIBBY ESTER BOARD OF DIRECTORS 1.00 X 0 0 0 LUCINDA FOX BOARD OF DIRECTORS 1.00 X 0 0 0 MARINA MARICH BOARD OF DIRECTORS 1.00 X X 0 0 0 MARY FINNEGAN BOARD OF DIRECTORS 1.00 X 0 0 0 MATTHEW ENGLISH BOARD OF DIRECTORS 1.00 X 0 0 0 NANCY JOHNSON BOARD OF DIRECTORS 1.00 X 0 0 0 CRAIG LYNCH CEO 40.00 X 164368 0 6417 MARTIN MAXWELL EXEC DIR OF FINANCE 40.00 X 92947 0 2077 257315 0 8494 1 0 1 0 0 62500 323759 2163297 622412 3171968 139160 139160 4764560 4323602 440958 440958 440958 12000 323759 39018 -27018 -27018 14173 14173 14173 3739241 14173 0 553100 60000 60000 31317 31317 292958 208365 57749 26844 2536300 1803930 499969 232401 10950 7788 2159 1003 260282 185124 51308 23850 202888 144303 39994 18591 30700 21835 6052 2813 207398 51484 125261 30653 40773 26046 6399 8328 118447 84245 23349 10853 30193 10704 18944 545 161409 114801 31818 14790 3515 2500 693 322 DIRECT SERVICE PROVIDER 216925 212514 3066 1345 SUPPLIES & SNACKS 164942 148819 12494 3629 TRANSPORTATION & FIELD 100078 86041 14035 2 SPECIAL EVENTS 1717 750 967 4470792 3199816 894040 376936 2377171 1755398 978473 1063420 119423 91696 698744 431622 60330 60442 6564682 1106010 5604493 5458672 2659337 2780385 12497971 11641635 198317 300635 5663 36522 203980 337157 X 9052912 8231556 3241079 3072922 12293991 11304478 12497971 11641635 -731551 -257962 0 X 0 1 X 1 1 1 X 4068318 3834508 4342839 2985542 3171968 18403175 4068318 3834508 4342839 2985542 3171968 18403175 174184 18228991 109351 118086 77310 87573 139160 531480 27308 281386 795611 57648 14173 1176126 20110781 126552 0.90640 0.90830 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 948. 2019 AMOUNT: $ 3,185. 2021 AMOUNT: $ 57,648. 2022 AMOUNT: $ 14,173. FUNDRAISING - 2018 AMOUNT: $ 26,360. 2019 AMOUNT: $ 22,521. 2020 AMOUNT: $ 6,840. RETENTION CREDIT - 2019 AMOUNT: $ 255,680. 2020 AMOUNT: $ 788,771. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2659337 232496 111448 2780385 3208538 -445640 103561 2659337 2605959 703120 100540 3208538 2598374 99677 92092 2605959 2535049 130585 67260 2598374 1.00000 0 0 608040 608040 5579181 838089 4741092 377461 267921 109540 5458672 X 3520297 -257962 -257962 3778259 -39018 -39018 3739241 4509810 39018 39018 4470792 0 4470792 PART X, LINE 2: Y.O.U. IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, Y.O.U. QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. Y.O.U. HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023 OR 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS, IF APPLICABLE, AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES, IF APPLICABLE, WITH OTHER ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE WERE NO PENALTIES OR INTEREST ASSOCIATED WITH TAX MATTERS FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RECLASSIFIED TO REVENUE -39,018. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RECLASSIFIED TO REVENUE 39,018. ANNUAL GALA 335759 323759 12000 10560 15848 12610 335759 323759 12000 10560 15848 12610 39018 -27018 1 CITY OF EVANSTON 2100 RIDGE AVENUE EVANSTON IL 60201 366005870 60000 0 YOUTH SERVICES 1 PERSONAL ASSISTANCE 100 31317 FMV FOOD, CLOTHING, SUPPLIES, SCHOLARSHIPS, HOLIDAY GIFTS PART I, LINE 2: Y.O.U. OVERSEES SUBGRANT AWARDS USING MONITORING TOOLS PROPORTIONATE TO THE RISK OF NONCOMPLIANCE WITH GRANT FUNDS. THESE METHODS INCLUDE, BUT ARE NOT LIMITED TO, THE USE OF SUBGRANT AGREEMENTS, REVIEW OF INVOICES, TRACKING OF BUDGET TO ACTUALS WHERE RELEVANT, REVIEW OF AUDITED FINANCIALS AND 990 FORMS, DESK REVIEWS, AND SITE REVIEWS. ASSISTANCE TO INDIVIDUALS ASSISTANCE PROVIDED BY YOUTH & OPPORTUNITY UNITED, INC. TO INDIVIDUALS. X X 0 0 0 0 0 0 0 1 0 CRAIG LYNCH CEO 159368 0 5000 0 0 0 1674 0 4743 0 170785 0 0 0 PART I, LINE 7 AMOUNTS IN COLUMN B(II) REPRESENT BONUS PAYMENTS. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S W-2'S. FORM 990, PART VI, SECTION A, LINE 1A THERE WILL BE AN EXECUTIVE COMMITTEE COMPOSED OF THE OFFICERS OF THE CORPORATION, AND ONE OR MORE ADDITIONAL MEMBER(S) OF THE BOARD OF DIRECTORS, ELECTED AT THE ANNUAL MEETING BY THE BOARD OF DIRECTORS OR AT SUCH OTHER BOARD MEETING DURING THE YEAR. THE PRESIDENT WILL BE THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS OF THE BOARD OF DIRECTORS BETWEEN MEETINGS, EXCEPT FOR (1) THOSE POWERS NOT AUTHORIZED BY STATUTE;(2) THE HIRING OR FIRING OF THE CEO; AND (3) THE AMENDMENT OF THE BY-LAWS, AND SHALL REPORT AT EACH BOARD MEETING ALL ACTION TAKEN BY THE EXECUTIVE COMMITTEE SUBSEQUENT TO THE PREVIOUS MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL MEET, AT SUCH TIME AND PLACE AS DESIGNATED BY THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM WHICH IS THEN MADE AVAILABLE FOR REVIEW TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE AND REMIT A SIGNED STATEMENT DISCLOSING ANY REAL OR POTENTIAL CONFLICTS OF INTEREST ANNUALLY. THE GOVERNANCE COMMITTEE REVIEWS ANY CONFLICTS AND DETERMINES WHETHER ANY ACTION NEEDS TO BE TAKEN RE: A SPECIFIC INDIVIDUAL'S PARTICIPATION IN DECISION MAKING. IF AN INDIVIDUAL IS DEEMED TO HAVE A CONFLICT OF INTEREST, THEY WILL NOT VOTE OR PARTICIPATE IN ANY ACTIVITY INVOLVING THAT CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF CEO: ==================== THE BOARD EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE CEO AND UTILIZES BOTH PERFORMANCE DATA AND COMPARABILITY DATA TO MAKE COMPENSATION DECISIONS. COMPENSATION OF EMPLOYEES: ========================== THE CEO IS CHARGED WITH MAKING SALARY DECISIONS FOR EXECUTIVE STAFF WHICH MAY INCLUDE INPUT FROM THE TALENT DEPARTMENT. THESE SALARY DECISIONS MUST BE WITHIN THE BUDGET SET BY THE BOARD AND OVERSEEN BY THE FINANCE COMMITTEE. COMPENSATION FOR NON-EXECUTIVE STAFF AT Y.O.U. IS GENERALLY SET BY THE STAFF EXECUTIVE TEAM. THE CEO MAY SET COMPENSATION IN EXCEPTIONAL CIRCUMSTANCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS. PART X, LINE 29 Y.O.U.'S PERMANENTLY RESTRICTED NET ASSETS CONTAIN FUNDS THAT ARE DESIGNATED BY THE DONORS TO CREATE AN ENDOWMENT FUND.